59% of people financed their new vehicle with a bank loan and only 27% leased a vehicle. Thos statistics have changed quite rapidly now. Ever since these statistics were released the amount of people investing in van leasing has rapidly increased and we are now in the realm of an all time high in van leasing. Several market researchers have said that leasing a vehicle is simply so much cheaper than it would be to get a bank loan or even get vehicle finance out from the dealer himself.

OK – It sounds a little too good to be true but you have to ask yourself that when DesRosiers says that 46.8% cent of all new-vehicle transactions were on a lease. There has been a massive influx in people wanting to lease vans and vehicles rather than buy them as it has worked out to be a lot cheaper and more economical. Steady payments into the industry are what the economy needs right now to help it stabilise.

Many people across the UK and many parts of the world have been affected by the infamous credit crunch so that will subsequently mean that people would want to spend less money throughout the month. Monthly payments being as low as possible is the priority really and commercial vehicle leasing companies have reported a good increase in monthly sales compared to last year.
This will then give companies who offer cheap volkswagen van leasing or LDV Van Leasing for example, the edge and could expect to make some real money in this current trend. So, is this too good to be true? Is it really more viable to take a care out on a lease rather than buy it straight up? OK, let’s think about how this could be advantageous. There is a constant warranty on a lease vehcile so you are always benefiting from a van leasing contract rather than a straight up purchase. So, if anything breaks or does not function properly, it will automatically be replaced within no time at all. New car purchases only normally last a year or two at the most and there is far more benefit getting a lease. If you think about it, it is far more suitable to get a van lease as you are much more covered from a point of view of insurance.

There are plenty of advantages into getting a lease rather than a straight purchase and they are worth exploring. I would recommend considering it over buying a new car as you never know how much money you could save yourself!