New vs Used Van Leasing: Which is Right For Your Business?

Choosing your next van for your business is a big call, and one you need to get right. Whether you go for a new or used van comes down to what matters most to your business, such as cost, reliability, availability, or specification.

A new van is generally better if you’re covering higher mileage and need a vehicle that’s built to your exact specifications. You’ll also get a new manufacturer’s warranty, providing peace of mind throughout your agreement. 

A used van, on the other hand, is better if you’re working to a tight budget but still need something practical and readily available. 

In this guide, we compare both new and used van leasing to help you decide which is right for your business.

Both new and used van leasing initially work the same way: you pay an initial rental fee and then make fixed monthly payments for the contract term. However, there are plenty of differences to consider: 

New van leasing is best suited to businesses that are seeking modern technology and the freedom to choose their own specifications. 

A new van will align with your business if: 

• You cover a lot of miles - You spend a lot of time on the road and want a van with the latest drive technology and safety features. 
• You’ve got specific requirements - You need a particular payload, load length, or configuration to carry your tools and equipment. 
• You manage a growing fleet - You want consistent specifications and equipment for all your vans. 
• You’re after an efficient electric van - You’re an urban business looking for modern electric technology to help you save money on fuel and running costs.

Used van leasing is ideal for businesses prioritising affordability and accessibility over vans with the latest technology. 

Used van leasing could be the right choice if: 

• You’re a tradesperson - You want to keep monthly outgoings low while getting a reliable and practical van for everyday jobs. 
• You run a small business - You want an additional van but don’t want to increase your spending. 
• You need a van quickly - Your old van is off the road and you need a vehicle quickly to keep your business moving. 

All used vans leased through Nationwide Vehicle Contracts are no more than five years old, have no more than 80,000 miles on the clock, and have been quality checked before delivery. 

Whether you opt for new or used depends on your business priorities. 

If you’re interested in a specific configuration, want modern technology and the reassurance of a full manufacturer’s warranty, then a new van makes sense. 

If you want to reduce your monthly outgoings, are flexible on make and model, and want to get on the road quickly, a used van is the one for you. 

Ready to find your next van? Nationwide Vehicle Contracts has been around since 2002 and has helped to arrange over 180,000 lease agreements. Browse our new or used van lease deals today, or get in touch with our expert team.