Should I buy a New or Used Van?


When deciding between a new or used van, there are several things that you need to consider before diving into a purchase or lease.

The reality is, this isn’t a simple decision. For a lot of companies, a van is an asset to achieve a high level of productivity and without it, could affect your income and profit.

RELIABILITY

It doesn’t matter if you choose new or used, you can always suffer from poor quality. These days vehicles are packed with technology which in turn means there are more things that could potentially go wrong.

You will never be able to guarantee the reliability, but you can benefit from a manufacturers warranty if you go for brand new. A used vehicle, from a dealer will come with a warranty but that will usually expire after three months.

Some manufacturer warranties can last for five years which gives the customer total piece of mind and takes away any real worry about mechanical faults.

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PRICE

The price of your vehicle is always something you need to consider. A used van will always win that battle, that’s if you don’t buy from a private seller.

Depending on your budget, you might be able to buy a used van outright. If you are however, looking to set up a major financial outlay, you will need to ensure that your business can withstand the implications.

Hire Purchase, Finance Lease, Contract Hire – the possibilities can become a bit of a mind field so you should make sure you speak to a specialist who can advise you in relation to your circumstances. You will always find the interest rates are far lower for a new van instead of a used van.  In fact, you could find that the monthly price will work out the same for both new and used.



TECHNOLOGY

For the latest and most advanced technology in entertainment, fuel efficiency and most importantly safety, you will need to choose a new van.

From September 2016, LCVs (light commercial vehicles) had to be compliant with Euro 6 standards. These engines are far more fuel efficient and cleaner.

CONCLUSION

For us, the decision is simple – buy a new van. You can benefit from more reliability, greater technology and lower interest rates.

If you order one from Premier Commercial Vehicles on Business Contract Hire, you will also enjoy free delivery to UK mainland, breakdown cover, road tax and the full manufacturer’s warranty.

Browse www.premiercommercialvehicles.co.uk to check out our latest deals on new vans.

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