Can Renting a Van be Cost-Effective for your Organisation?

Updated: Mar 23

Whether you are just starting up your own business, or if you are an established business in 2022 trying to find ways to cut costs after what has been a very unpredictable year for businesses up and down the country from north to south, we at Stone Van Hire may have a solution that could allow you to limit your company expenditure and save money by long term van hire.

Hiring a van can have many benefits for a wide variety of occasions in your domestic life, from moving home to picking up a dining table, but have you ever considered one for your organisation / business? With a ruck of positives to this approach, cost-effectiveness is one which keeps rising to the top of the list. Let’s have a look at just why this could be a good enough reason to ditch the company car and opt for long-term van rental instead.

Monthly Budgeting

When renting a long term van from Stone Van Hire or any other van hiring organisation, there will most likely be an upfront monthly rental fee. Compared to paying a large sum outright for the cost of purchasing a vehicle, this monthly cost will allow you to plan your months budget and opt out of the vehicle hire, saving you money when you need it most, you also have no fees which may pop up, which we move onto next...

Fees for Maintenance

Any maintenance carried out on the van, from servicing and MOTs, to part replacements and even deep cleans, will most likely be the responsibility of the rental company. It is important to always check the contract before renting a vehicle in case you are liable for any costs whilst the van is in your hands.

Ulez Compliance

Due to the recent ULEZ expansion, there are a wide range of vehicles of who’s drivers are responsible to pay a charge if they aren’t compliant with the Euro 6 regulations. Vehicles available for rent will most likely have been matched to the new restrictions to ensure that their new drivers face no barriers of where they are able to take the vehicle upon their time of rent.

Tax Reliefs

In the UK, organisation owners are entitled to 100% VAT relief on all rental vehicles, including Van Hiring, meaning that if you use yours solely for business purposes, you will not be subject to the payment of vehicle tax, ace right?

At Stone Van Hire in partnership with NVP Vehicle Rentals, we have a wide range rental vans available for singular or long-term hire. To find out more information, or book to hire a van in Stoke-on-Trent get in touch with a member of our team by calling 01785 815241

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