BVRLA: Van leasing is beneficial for small businesses
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Posted by Glyn Jones
Van leasing is financially beneficial for small businesses in the current economic climate.
This is the opinion of Toby Poston, head of communications at the British Vehicle Rental and Leasing Association (BVRLA).
"In certain economic times, many businesses are confident enough to rent a van to take on new work ... but they don't feel ready to invest thousands in buying a vehicle outright," he explained.
Renting or leasing a vehicle gives fleets the ability to fix costs and have use of a van for an agreed time period or mileage.
This in turn enables businesses to "free up cash flow to be spent elsewhere", such as investing in growth or paying down debts.
What is more, renting vans allows fleets to escape fluctuations in vehicle prices and depreciation.
Last month the BVRLA predicted that the introduction of new Low Emission Zone standards in London on 3 January 2011 would also cause many fleet operators to turn to van rental and leasing to avoid the costs of retrofitting their vehicles. 
