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Both hire and leasing can be attractive in different circumstances. One advantage that both hiring and leasing share is the lack of hassle involved in vehicle ownership such as tax and maintenance. There is also no need to pay out for expensive security measures in case of theft or vandalism, or see your expensive vehicle depreciate in value. You do not have to think about disposal when the vehicle is required any longer, as you simply hand back the vehicle at the end of the lease or hire period.
Leasing a Vehicle - Contractual Commitment
Leasing a vehicle has its advantages especially in the range of cars available. Cars like the Aston Martin DB9 Coupe might cost £106,000 to buy but can be leased for around £1,500 per month. A Porsche 997 would probably cost around £750 per month making it financially attainable to more people.
Figures suggest that more luxury cars are leased than bought outright, due partly to the fact that people choose to use spare cash for other things these days. While this may seem an ideal option in some scenarios it is however important when leasing to be fully aware of and comfortable with the lease contract. Breach of vehicle lease contracts or cancellation could incur heavy penalties.
Leasing companies will often add extra charges to cover wear and tear or cleaning costs. A leasing company will usually charge a mileage excess with no credit for unused miles.
Vehicle Hire for Businesses
The positive aspects of hiring a vehicle are numerous whatever the purpose or requirement. It is definitely the most hassle free approach. There are no long term contracts to commit to, no worries about cleaning or maintenance. There are also no extra charges such as mileage excess, wear and tear.
Many businesses are now discovering the advantages of hiring vehicles for short periods. They can match a particular van or truck to each individual job, without having to invest a huge amount in a single vehicle that may not be appropriate, or spend time parked in the yard. That vehicle will still need to be taxed, insured, maintained and secured.
In the current situation, many companies may struggle to get a credit rating to buy vehicles, so it makes sense to perhaps own a small runaround van whilst using a hire company such as Allied Self Drive Hire for bigger jobs. For example, Allied Self Drive Hire have a client in the promotions business who needed to replace his van, but as he didn't use it daily, decided to hire a van as and when needed and has never looked back.
Hiring a Car, Van, Truck or other Vehicle
When hired from reputable companies such as Allied Self Drive Hire, vehicles are properly maintained to the highest standards by experienced time served mechanics. There is little chance of breakdown as the range of hire vehicles include top quality cars, 4 x 4's built to withstand rugged terrain etc and vans or trucks which can be relied upon. Whether planning a family driving holiday abroad or even a relocation to Spain or other European country it is always a good idea to hire a self drive vehicle. All you need to drive away one of our excellent cars is a driving license, utility bill and credit card, what could be simpler?