Best way to get a new set of wheels ?

[J.D]

We are looking to buy a van for the business, but will also need to use it for the family as there are 6 of us altogether and we think a combi van of some sort would handy for this.

 

So what are my options, I have spoken to all sorts of different companies who have offered us varying ways of buying/leasing or hiring.

 

I'm confused by the whole thing and wondered what you fella's thoughts are ?

 

JD

[ukminch]

I think it comes down to their is no right or wrong answer you just have to go for what you feel best at the time. If I was you though I'd look at a work specific truck then for the other car get something like a vito or transporter with seats and a towbar for that odd occassion.

 

I'm still trying to decide what to do vehicle wise...............

 

R

[Mozza]

I think Stevie Blair has still got his really smart VW transporter for sale

[niftysteve]

I think Stevie Blair has still got his really smart VW transporter for sale

 

those transporter crew vans with the solid bulk head fitted look great

as far as i know the only downside may be the duo mass fly wheel

[ad15]

those transporter crew vans with the solid bulk head fitted look great

as far as i know the only downside may be the duo mass fly wheel

 

nah they're good now, i had a kombi 174 transporter,, it's pretty much what would suit you,, if you get the bench seat it'll seat 6,, and you can take the back seats out and have a van,,, don't get a bulkhead though...

 

60,000 in 2 years, never put a foot wrong..

[J.D]

We are thinking Transporter, it's just we aint sure how to go about it, does anybody use contract hire to do this, I've only ever bought vehicles before, so giving it back at the end of the contract is new to me.

 

J.D

[treequip]

Contract hire can be problematic in an industry that tends to invite scuffs scratches and dents.

 

Contract hire companies make the balance up on the residual value sale (unless you make the balloon payment and keep the vehicle) and they knock you on condition. The worse the economic climate the harder they scrutineer.

 

If you hand it back with “excessive” wear and tear (excessive is whatever they decide it is) missing keys or even incomplete service records they can surcharge you to death.

 

Andy

[ad15]

have always bought and owned, never hired..sorry can't offer advise on that aspect..

[Paul Jenks]

Also depends on how many miles you want to do privately. The old adage goes if you do alot of business miles buy the vehicle yourself then charge it out on business usage at 40p/mile for the first 10k and then 25p/mile for anything after that. If you do alot of personal miles get the company to buy it and pay for the fuel and other expenses. HMRC are cracking down on this and you really have to do your sums to get the most tax effective way to do it as you will get a personal tax hit either way. Talk to your accountant about which way to go and then to a finance person to get the gen on which method of paying for a vehicle best suits your pocket, (might be buying 2nd hand). Then look for the best vehicle. Then start haggling with the vendor. Be prepared to walk away.