The finance lease option and why the Ford Transit Custom is such an attractive lease
Truck leasing is a common and popular option among business owners. Varied financing methods are available for those who are interested in leasing a van. Financial leasing is a particular type that is rapidly gaining popularity among business owners looking for a truck to lease.
What in the world is a financial lease?
Financial leasing is used as a payment mode for companies to pay for assets such as vehicles. The company can acquire vehicles and use them during the lease period. This commercial agreement is characterized by the following:
• The company or client, the lessee in legal terms, can choose a vehicle of their choice.
• The leasing company goes out and buys that particular vehicle for the lease.
• The company takes care of and assumes responsibility for the maintenance of the vehicle.
• The company or the lessee is obliged to pay monthly rent for the lease period in exchange for the property.
It is usually found that the monthly rent is determined taking into account the following:
• The price of the vehicle initially less taxes such as VAT or those that correspond.
• The lease period
• The residual value of the vehicle plus applicable interest.
It should be noted that, in such an agreement, the finance company retains legal ownership of the vehicle for the duration of the finance lease.
A financial lease comes with its own sets of advantages:
• Capital outflow remains within means and at a minimum
• The monthly budget remains accurate and true.
• You can also make agreements with interest rates that are fixed
• One can recover a large part of the VAT or other applicable taxes according to the laws of the country.
• As an option, the vehicle can also be replaced in the event of vehicle failure.
Why you want to opt for a Ford Transit Custom
Fuel economy is rapidly gaining ground for van manufacturers as a valuable marketing tool. As fleet operators attest, Bluemotion, Econetic, Ecoflex and other keywords that signify new vigor in fuel economy find many takers.
CO2 emissions have also forced the van leasing community to take a closer look at these types of vans, most notably the Ford Transit Custom DCIV.
The engine, along with sophisticated state-of-the-art out-of-the-box features, are distinctly superior to the fuel-saving features of other conventional trucks.
There is also a dearth of new technology, such as throttle control that greatly reduces fuel consumption. Tires, brakes and other components are also spared some of the torture.
Driving in urban scenarios is done with ten percent less fuel consumption in the Econetic model that features a standard start and stop. Some models also feature a seventy-mph switchable speed limiter, a unique and innovative engine calibration, an optimized gearbox that has a six percent longer final drive ratio, and the like.
However, Transit’s Econetic has struck a chord with the van leasing community that other van manufacturers would be eager to investigate and replicate.