
Buy or lease your business vans?
The practical trade-offs between ownership, contract hire and keeping cash available.

Straightforward guidance on buying, leasing, running costs, company cars, vans, electric vehicles and fleet renewal.
Browse the guidesPlanning a renewal?FleetsUK looks at the everyday choices that affect how well your business vehicles work and what they cost. Insurance matters, but it is only one part of running a fleet.
Buying or leasing: look at use, mileage and replacement plans.
Running costs: compare the whole cost, not just the monthly payment.
Insurance: review it when your vehicles, drivers or use change.

The practical trade-offs between ownership, contract hire and keeping cash available.

What employers should compare before choosing how to provide or fund a vehicle.

A simple way to think about depreciation, finance, fuel, servicing, tax and downtime.

Range, charging, payload, routes and the importance of matching the vehicle to the job.

Why age alone is a poor replacement rule and what to monitor instead.

What to review before you simply repeat last year’s vehicle and insurance arrangements.

Compare reliability, capital cost, history and downtime risk.

Use repair history, downtime and resale value rather than age alone.

Match the vehicle to routes, payload, charging and whole-life cost.

Include depreciation, downtime and administration as well as fuel and finance.
Adding vans, taking on new drivers, starting delivery work or replacing several vehicles can all change the risks. It can be a good time to check whether the existing fleet cover still suits the business.
Prudent Plus Limited are an introducer appointed representative of Seopa Ltd (FCA FRN: 313860). Seopa Ltd, trading as Quotezone, provides the insurance comparison service and we receive a commission for any policies purchased, at no additional cost to you. We do not offer financial advice.