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If you are considering leasing a van it is important that you look at the vans lease terms carefully. Sometimes the devil really is in the detail and you what can first appear as a really good deal can turn out to be completely wrong for you after reading the small print. There are a number of areas of the contract that will be deserving of particular attention before you sign anything. Here we will examine some of the most important things to look for in regards to vans lease contracts.

Vans Lease Terms what happens if I need to end the lease early?



We just can't tell what is going to happen in the future. If you are purchasing a van for your business then what happens if the business goes bust before you have reached the end of the lease. Some leasing contracts can be quite expensive to buy yourself out of and you need to be aware of this before committing yourself. Unfortunately there are probably not many (if any) leasing contracts that don't have at least some penalties for breaking the contract early, but you do need to consider this.

Vans Lease Terms what is the penalty in regards to the millage limit?



Almost all van leasing contracts will have a millage limit and you will need to know what this is before signing any contract. This can make a huge difference to whether or not you are getting a good deal so make sure you understand this part of the contract fully especially if you expect to be using the van a lot. Different leasing companies will have different millage limits and different amounts will be charged for going over this limit. This means that even though you are getting a very reasonable monthly payment schedule you could still lose out badly if they hit you with a huge bill for excess millage at the end of the contract. If you don't expect to be using the van too much then this probably won't be too much of a problem, but if you expect heavy usage you should try and get either a high millage allowance or a low penalty rate.

Vans Lease Terms the policy in regards to damage to the car



This is another area where you could be hit with a huge bill if you are not careful. Some leasing companies have been known to charge top rate for a new paint job just because a car had a couple of scratches. Make sure that you know the exact policy in regards to any damage like dents and scratches. Vans Lease Terms can you purchase the vehicle at the end of the lease?

If you reach the end of the lease and you decide that you would like to keep the van will you be able to purchase it? Some leasing companies are willing to sell their vehicles at a very reasonable price and you should investigate this in the beginning.


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