van contract hire?

[gray84]

im just about to sort out my van contract hire for the business and got a question if anyone on here can answer it to put my mind to rest. it will be over 3 years and just wanna know will tax or servicing be included in the price? and who will have the v5 me or the lease company(vw commercial)

cheers
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Road bike - 2002 YAMAHA R6(SOLD) 2008 YAMAHA R1(SOLD) 2007 APRILIA SXV 550(SOLD) 2007 SUZUKI GSXR 600
Dirt bike - 1989 HONDA CR80sw(SOLD) 1996 YAMAHA YZ125(SOLD) 2006 yamaha yz250(SOLD)

[SlimRick]

I would imagine they will keep the V5 as you're only leasing the vehicle, not obtaining ownership. As far as tax and servicing - you'd have to read the contract, but if it's not included then both can be clased as tax deductable expenses.

[Faldo]

Don't know about the V5, but when I looked into contract hire for a commercial vehicle it was actually cheaper to buy a brand new van (small van anyway). I bought a pre-reg Partner for £6000 + VAT, paid the VAT as a deposit which was reclaimed within a month, so effectively £0 deposit and £130 a month on HP, with something I can actually sell at a later date.

Some deals include servicing, but from what I read at the time it's cheaper to do the servicing at a main agent rather than pay the leasing company.
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Current: ZZR1400
Previous: ZXR 400 L9, ZX-7R P5, ZZR 400, ZX-7R P6, Bandit 600, GSXR 750 Slingshot, DRZ400, DR650, ZX10R C1H, ZXR 750 L1, ZXR 750 L3, '99 ZX7R P4, KTM 300 EXC, ZX-9R E1, TDM850

[gray84]

ok its a £18k van that they are going to kit out with the franchise name and racking inside and the tax,servicing,breakdown,all parts for £425pm or £395 without servicing,breakdown and tax but after ive claimed the vat back its £361
i know i could prob get it a little cheaper if i bought it ect but in the franchise contract it says the van "should " be no older than 3 years so ill just give it back and get a new one at the end.
____________________
Road bike - 2002 YAMAHA R6(SOLD) 2008 YAMAHA R1(SOLD) 2007 APRILIA SXV 550(SOLD) 2007 SUZUKI GSXR 600
Dirt bike - 1989 HONDA CR80sw(SOLD) 1996 YAMAHA YZ125(SOLD) 2006 yamaha yz250(SOLD)