Contract Hire on Transit Connect

[Jammez]

Hi Folks

Looking to replace my wife's 61 plate Transit Connect. We bought the current one at 18 months old using a loan but looking at the contract hire costs with maintenance they're working out a better way to do it.

Ford have offered £264 + VAT with 8 months upfront for a LWB 210 Trend with full maintenance over 48 months and 20,000 miles. With the original purchase cost, maintenance, tax & tyres the current one has cost around £15k + vat over the 5 years & is worth around £2500k so not much in it.

For an extra few quid she'll get a brand spanky new van and no hassle. So I'm convinced it's the way to go but what I don't know is where is the best place to go for a vehicle, this quote is from Ford so I 'm assuming there's probably better deals out there.

Anyone have any recommendations or comments on whether the deal is competitive?

Cheers

James

[Mammasaid]

Take a look here;

https://www.contracthireandleasing.com/business/va...

[Jammez]

Thanks, that's a helpful site for comparison. I'll do a bit of research

Cheers

[Mammasaid]

See if the dealer will match the best deal on there, usually can save a couple of hundred on admin fees that way.

[eldar]

Depends what it'll be used for, when handed back repair costs could be significant if it has had a hard life.

[Mammasaid]

eldar said:

Depends what it'll be used for, when handed back repair costs could be significant if it has had a hard life.

There's hard and what's on the BVRLA commercial lease guidelines, you'd be amazed how much damage is deemed acceptable, especially in the load area.

https://direct.leaseplan.co.uk/Media/Default/PDFs/...

[Jammez]

Other half has a lingerie business so it's not likely to get too damaged - mostly boxes of lacy things!