Posts Tagged ‘leasing’

Renault See Van And Light Truck Sales Rise

Thursday, July 16th, 2009

More sales figures from the motoring industry have been released, this time for van and truck sales. June figures show that the number of trucks being registered are still falling, however, van registrations are improving slightly.

The amount of truck registrations has been falling every month and the latest June figures show the largest month on month decline yet. With 2,761 trucks registered in June, this is a 47% decline in registrations from June last year.

On the other side of the sector, van registrations have seen some improvement. In June the amount of van registrations reached 17,158 units. These level of sales show 40.1% drop in registrations on June last year, however, it’s actually the smallest month on month drop so far. These figures show that the number of vans being sold could be levelling out.

One manufacturer that did particularly well in June was Renault. They saw a 78.5% increase in sales for their range of light trucks and vans during this June. One model in particular that did well was the Renault Trafic van. The Trafic van, which is currently Renault’s best selling van, recently won the first 2009 Security Award.

There are a number of factors that have caused van and truck sales to fall. One is that many companies looking to buy vans are waiting to see if prices fall so that they can get the best bargain. Although the amount of companies buying vans is falling, the amount of van leasing companies buying vans is on the rise, this is because the companies that aren’t buying vans are choosing to lease vans instead.

Many companies are finding that getting out a Renault van lease is working out cheaper in the long run rather than buying a brand new van. So if you are looking for a Renault Trafic lease, you will often get a better deal because you are only paying monthly for the van, rather than paying a bulk sum for a new van.

So although many companies are not buying new vans and trucks, the amount being bought by leasing companies is rising to keep up with demand.

Vehicle Leasing-How To Get Around Added Costs At The Conclusion Of Your Lease

Thursday, July 16th, 2009

From the operators of www.iBuyLessGas.com–dedicated to improving MPG with Ecomates Ethos FR Gas Saver.

$250 to dispose of your vehicle, $1000 for additional miles you put on the clock
and $200 to replace the light bulb and the shabby tires?lease agents
regularly nickel-and-dime consumers when their lease runs out.
Here?s a list of what can elicit those fees, and some steps to take in
self-defense.

Disposition fee: leasing companies charge you if you choose not to buy the
automobile at the end of your lease. This fee is set as reparation for the
expenses of selling, or otherwise disposing of the vehicle. It normally
includes administrative charges; the dealer?s cost to prepare the car for
resale and any other penalties. Make sure this fee is stated clearly in the
contract and is agreeable by you before signing on the dotted line. At
lease-end, you are left in no position to negotiate as the dealer can apply
your refundable security deposit towards this fee.

Surplus mileage charges: Almost all leasing companies will charge a premium
for each mile over the agreed upon mileage stated in your contract. This
penalty can be as high as 25 cents per mile and can add up fast. To
avoid the risk of running thousands of dollars in excess mileage penalties
at the end of your lease, always check the ?per mile? charges in your
contract and be levelheaded about your mileage before you sign any contract.
If you think the limit is not viable given your commutation needs, then
negotiate with the dealer to get a higher mileage or contract for
additional miles.

Excess tear-and-wear charges: Another likely cost at the end of the
lease is any incidental damage done to the car during the lease. This is
deemed any excessive damage done in addition to the normal tear and wear of the vehicle.
Notice the use of the terms ?deemed?, ?excessive? and ?normal?. There is no
standard formula to define what?s ?excessive? and ?normal? and it?s up to
the leasing company to calculate ? or deem ? the damage and determine what
they are going to charge. This leaves you at the mercy of dishonest
leasing agents who set stringent tear-and-wear standards. Make sure you
read the description of these standards, understand them and agree to them.
If your leased vehicle is damaged prior to the end of the lease, you may
find it cheaper to repair the damage yourself than pay the excessive charges
of the leasing agent. In the event of a dispute over the charges at the end
of your lease, get an independent third party to do a professional appraisal
detailing the amount required to repair any damaged parts or the amount by
which tear-and-wear reduces the value of the vehicle.