Are vans the new SUVs?

Once we all drove saloons but then the hatchback came along. Then the people carrier and now the roads are full of families driving SUVs which look like 4x4s are actually MPVs.

So what’s next? Well, although this is highly anecdotal, I seem to have been quoting recently on quite a few Transit-sized vans not just for builders but for drivers that see them as the ultimate family car and, as odd as it might seem at first, it makes a lot of sense.

Vans come in many more guises now and have options for double/crew cabs to seat 5 or 6 people, windows in the back and the kind of toys that car drivers insist on. Add to that the ultimate practicality – no need for bike or roof racks as you can just chuck everything in and head off for the weekend. And they drive very much like cars.

And financially it can make sense too. Fuel economy is now much better although still not as good as a car. There are tax advantages too as, if leasing through the business, all the VAT is reclaimable and there can be low benefit-in-kind tax for the driver (but please discuss with your accountant).

But the biggest advantage could be that running a van might mean that the family can manage with it as the sole vehicle and that could mean a huge saving, not only for the family’s budget but also for the planet. Other than the fact it can’t be in two places at the same time, the van can manage every duty a busy family can ask of it and could, in some cases, replace two cars.

If you’d like to know more about how leasing works and how it could work for you, please get in touch. If you think others would be interested in this post, please share it.

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Matt Spivey

Vehicle Leasing Neva Consultants

Left the corporate world in 2013 after ten years at Vodafone and now specialising in car and van leasing with Neva Consultants.Serial networker and member of BNI Wakefield Wealthbuilders, 4Networking and The TradesHub Academy South Yorkshire.