Market Report: Van Finance
www.motortrader.com/surveys/market-report-van-finance-23-06-2017
“Vans and other vehicles being used for commercial purposes are not well-suited to PCP finance due to the mileage limits that are imposed within PCP agreements. Vans will usually cover significantly more miles than vehicles used for domestic purposes only. This will affect their minimum guaranteed future value and therefore result in huge additional charges at the end of a PCP agreement,” she said.“We have seen a gradual increase in the use of vans and other commercial vehicles for social and domestic purposes, as useful vehicles for home improvements and decorating, camper vans and for transportation of sporting equipment for motorcross and watersports. Consumers are increasingly seeing the value of commercial vehicles as they are well-built, designed to endure and highly practical.”
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