PX Your Van Guide
Focus on price to change or how much your monthly payment changes.
You can play about with a PX figure, but you cannot play about with a price to change or a monthly figure. A vehicle price can be inflated to give you an inflated price for your old vehicle but this is senseless.
Hopefully we all have the common sense and intelligence to see through deals that give you £2000 minimum PX for your old van even if its been used to store chickens….you’re just paying too much for your new van.
Every PX deal we physically send an agent to check the vehicle condition.
If you have misdescribed your vehicle then its going to unravel pretty unquickly.
e.g mileage, condition, spare keys, service history, vehicle interior.
This will slow down delivery by at least a week while we have to redo the finance application. In some cases a fresh finance application can get rejected, as sometimes its a different underwriter who spots something the there didn’t.
Most customers ask one question first which is “how much” and of course we cant answer that without knowing .
All that really matters is how much your payments change, and how much deposit you have to find.
Many finance companies won’t stop this automatically.
There are instances where settlements are paid off and customers are still paying for their old van a year later, and it can take months for you to recover these payments.
The discounts of a scrappage are never greater than the deals we offer anyway. These are deals where politicians think they are doing a great job by taking older vehicles off the road. A scrappage scheme is never as good as the deals we offer anyway compared to selling your van yourself.
Best Ways Of Van Finance
At Swiss we have literally most funders on the market and will introduce you to the best value. Our aim is to help you grow your fleet
and become your natural choice to replace vehicles.
– Van Hire purchase – VAT down and VAT deferred . HP is a great way to actually buy a van. If your VAT registered claim the whole VAT amount back within three months.
– Van Leasing
Small deposits from one payment in advance to 50% of the van price. Its 100% tax deductible so great fir new start companies that have start up costs. Is the favourite way for many manufacturers so often attracts the greatest discounts. Its more flexible than contract hire.
– Lease Purchase
Not all manufactures support this method so often pre registered vans are the way to go. This is because you take ownerships automatically and they worry it will affect residual values. Ask us first as often you cant get a private plate on this method. Its very much like HP but more suited to VAT registered companies as they can claim the VAT back of course. If you are flat rate VAT this is the one for you.
– Van Contract Hire
Great for larger fleets that want to control costs but its seldom sold to smaller users as its quite restrictive. Many ask for it because they have asked for it in the past. Some mistakenly think there is no credit check check but there is.