Should I Buy or Lease a Pickup Truck?

By Lauren Bagnall
27-01-2022
Should I Buy or Lease a Pickup Truck?

Pickup trucks are great vehicles that serve a range of practical purposes, for individuals and businesses alike. They have great towing capabilities, with various load lengths and payloads suited to all kinds of preferences. If you're considering a pickup truck to fit in with your lifestyle, you may be torn over how to purchase it; do you buy outright, opt for a finance plan or do you look towards a pickup leasing deal? Here at MWVC, we're here to ensure that the decision is easier to make.

At MW vehicle contracts (MWVC) we supply individuals and businesses across mainland UK with car, van and pickup truck lease deals, all of which are affordable and suited to your budget and preferences. Our expert sales team can objectively advise you on the very best vehicle for you, with the best lease deals to allow you to drive a brand new car, van or pickup truck for a fraction of the price. If you're considering whether to buy or lease a pickup truck, here are some points to consider...

Is it for Business or Personal Use?

The beauty of pickup trucks is their practicality. They can be used during the week for work tasks such as loading and unloading, but are comfortable enough that they can aid you in your weekend errands. The double-cab pickup trucks can seat as many passengers as a typical hatchback car, providing convenience for long-distance travel too. So, if you need a business lease deal on a vehicle that can tow and drive on rougher terrain with ease, then a pickup truck is perfect for you.

Pickup trucks are great for trade workers and construction sites alike, with loading beds for transporting heavier materials, tools and machinery as well as a four-wheel-drive for uneven ground. The all-new Ford Ranger is just £299.99* per month ex VAT, perfect if you're on a budget and want to manage your finances. Brand new Rangers can set you back around £30,000, so opting for a vehicle lease deal is a no-brainer.

Consider Depreciation and Finances

The best pickup lease deals can help you avoid the extortionate costs that come with buying a pickup truck outright. When you buy a vehicle, you will not only put yourself thousands of pounds out of pocket, but it will definitely depreciate over time. If you choose to sell your pickup truck a few years down the line, it will not be worth as much as you paid for it initially, making it a bad investment.

If you're a start-up business, small and self-employed, or you're more established, you will want to monitor your monthly outgoings closely to see how your finances are going. Pickup leasing deals can enable you to do this, keeping all monthly rentals in one place. These will never change throughout your leasing contract, giving you peace of mind unlike finance plans, which include interest. Leasing is the most sensible option for any business that needs vehicles, as it can also allow you to drive in the latest models, boosting your reputation.

Keep Up to Date with the Latest Features

As vehicles update each year, so do their external and internal features that make them stand out in a competitive market. From jazzy infotainment systems to better safety features, cars, vans and pickups alike constantly need to be reinventing themselves. Presenting employees with a brand new vehicle for them to drive around in is a great incentive for attracting new candidates, as it saves them from driving an old vehicle that will be more prone to breakdowns and mechanical issues.

Here at MWVC, we pride ourselves in providing the best pickup leasing deals across the country, helping businesses find the best vehicle for them and their budget. The all-new Toyota Hilux is just £267.99* per month ex. VAT, with comfortable interiors and a smooth drive for use in all industries. To find out more, or to discover our latest vehicle leasing special offers, please give us a call on 0116 259 9548, or visit our Facebook page today.

*all pricing correct at time of publishing