With finance of all types hard to come by you will find fewer van leasing deals obtainable than there had been just a few of years ago.

Go back towards the beginning of 2008 and there had been hire buy offers, van contract hire offers and van leasing deals advertised all over the location. The average van purchaser has had to think again, because the hurdles that he has to jump through to get the credit to purchase a utilized van have been set increasingly higher.

Your typical van purchaser – a tradesman – let’s say, a builder or plumber used to be able to get a deal for about a couple of hundred pounds a month to drive around in a new van – the price of going out for a couple of meals a month. Now with these van leasing offers tougher to obtain he is turning towards the utilized marketplace.

There’s a down side to this – namely the costs of utilized vans are rising as the demand increases. In a double whammy effect the supply of newish used vans is set to dry up. The bottom fell out with the new van market at the middle of 2008. This means that the number of vans registered because this time is 50% of the numbers registered in previous many years. As we approach 2011, the supply of two-year-old vans will probably be terribly low. It’s difficult to know what to recommend, as the London van users alo need to consider the imminent Low Emmissions Zone legislation that currently only applies to trucks. Should you purchase a van that is too previous you will not be able to drive it in London soon.

My advice? Do not hold out. Should you can’t afford a brand new van or cannot get the necessary credit score for 1 then get your self a late model used sooner rather than later. Make sure it’s post 2002, but ideally a 2006/2007 model – prior to everybody catches on.

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