Van: Rent To Buy
: A portion of your payment goes toward the rental cost, while another portion builds your "equity" in the vehicle.
Unlike a standard rental where you return the vehicle, or a contract hire where you simply "lease" it, rent to buy is a path to legal ownership. rent to buy van
Van Contract Hire Explained Is It Right for Your Business? - Vansdirect : A portion of your payment goes toward
: You will almost always pay more in total than if you had purchased the van with cash or a low-interest bank loan due to the higher "effective interest" built into the rental price. - Vansdirect : You will almost always pay
: You do not legally own any part of the van until the final payment is made. If you miss payments, the provider can repossess the vehicle, and you may lose all previous "equity" payments.
: It allows you to get on the road and start earning immediately without a massive upfront capital investment.