Business Vans - Rent, Hire, Lease or Buy?

The key takeaways

• Rent and hire are the same term and can be used interchangeably
• Hiring/renting business vehicles is good for scalability and reduced maintenance, but there is no ownership
• Buying business vehicles gives you full ownership and potential long-term cost savings, but with high upfront costs and a lack of flexibility
• Leasing provides predictable monthly payment and gives you access to the latest vehicle models, but there are mileage restrictions and potential extra costs involved
• UK businesses should be prioritising sustainable vehicle options - Northgate provide a range of

electric vehicles to hire in support of this

 

Understanding whether to rent, hire, lease, or buy commercial vehicles is crucial in aligning your business' operational needs and financial strategies. 

This guide explores the scenarios where renting is most beneficial. It also delves into the advantages and drawbacks of hiring, evaluates the long-term impacts of leasing, and assesses the financial implications of buying your business vans. 

Our full guide is rich with detailed comparisons, practical advice, and strategic recommendations to empower your decision-making process. 

Download our guide to help you make an informed, strategic choice that aligns with your needs.

 

 

What this guide covers

• When renting is the best option
• The pros and cons of renting business vans
• When hiring is the best option
• The pros and cons of hiring business vans
• When leasing is the best option
• The pros and cons of leasing business vans
• When buying is the best option
• The pros and cons of buying business vans

 

 

Who this guide is for

This guide is tailored for a variety of industries and sectors that utilise business vans for their operations, aiming to provide valuable insights to:

• Logistics and Delivery Services
• Construction and Trades
• Retail and E-commerce
• Event Planning and Catering
• Healthcare and Pharmaceuticals
• Field Services
• Non-Profit and Community Organizations
• Film and Production Companies
• Florists and Horticulture Businesses
• Educational and Research Institutions
• And more

This guide offers strategic insights beneficial for decision-makers across these sectors, helping them to navigate the complexities of van acquisition and management to align with their business objectives and operational demands.

 

 

What questions the guide will answer

Interested in learning what this guide will explore? Here are a few questions which the guide will seek to answer:

• Is it better to hire or buy business fleet vans?
• What is the most cost-effective decision in the long run?
• What option is best for my area of business?

 

 

Our vehicle hire options

We offer a wide range of long term vehicle hire options which can suit even the most diverse needs of your business. Below, you’ll find our range of flexible options to help you discover which most aligns with your business needs. 

Flexible Hire: Hire business vans for your fleet for 3 months or more with the flexibility of returning your fleet once no longer needed. Servicing, maintenance and breakdown cover are included as standard.

12Months+: With enhanced flexibility, our 12Months+ option boasts better rates with a shorter commitment. It includes standard servicing, maintenance and breakdown assistance, and better rates when choosing longer terms. 

VanHire+: Designed to be tailored to the needs and preferences of your business, our VanHire+ option is a comprehensive package which comes with valuable extras. From unique damage allowances and telematics Control packages, in addition to our standard servicing, maintenance, and breakdown cover - all you need to do is add fuel and insurance to get going. 

We Buy, You Rent: You can get a fair market price for your current vehicle, all while exploring the advantages of renting* with Northgate. Discover the reliability and flexibility of a new fan, all without the complexities of full ownership.

*Terms and conditions apply.

 

 

Why Choose Northgate?

Choosing Northgate for vehicle hire means that you’ll receive great benefits which ensure your fleet meets the reliability and flexibility your business needs.

Loan Vehicles: Our loan vehicles help to minimise downtime when things go wrong - perfect for dealing with special circumstances or when things need fixing.

Comprehensive Service and Maintenance: Our inclusive service and maintenance coverage within your van hire package guarantees peace of mind throughout your journey

Incorporated Road Fund Licence: Your van hire agreement also includes the Road Fund Licence - helping you benefit from added cost-efficiency throughout your rental term.

24/7 Nationwide Breakdown Recovery: Our round-the-clock nationwide breakdown recovery service is readily available, helping you travel in confidence at all times.

Mobile Support: Our mobile assistance is just a call away, prioritising convenience in your van hire experience.

Extensive Nationwide Service: Access a wide fleet and network, with over 50,000 vehicles and 67 branches nationwide.

 

 

What our Customers Say About Northgate

Interested in what our satisfied customers are saying about our services? Explore our customer testimonials, and discover why we’re the preferred choice for dependable and customisable fleet vehicle hire.

 

"We have been impressed by the service we receive from Northgate and are pleased to develop our working relationship further, achieving a cleaner, greener fleet much quicker than we anticipated. We are looking forward to seeing what other Northgate products we can add to our operations, to help us maintain operational and environmental efficiencies."

Council Transport Manager

 

 

Contact Northgate for Vehicle Hire

Contact Northgate to meet your commercial vehicle hire needs. We’re on call to help you discover the right vehicles for your business. From flexible terms and reduced rates to comprehensive service packages; choosing Northgate ensures a convenient and cost-effective fleet vehicle hire experience.