I'm Taking the plunge this year (sooner the better) and going self employed, however iv relied on my company van for too long and haven't got one of my own
So this has to be my starting point.
The first big problem is my insurance, my quotes are between 2.5-3k
My options seem to be either buying a van for around £1000 cash and insuring upfront leaving me around 4k out of pocket, with risk of extra costs with breakdowns etc but no overheads as such
Or buy a new vivaro on hp £2700 deposit and £320pcm for 5 years and this includes £2500 clashback which I could pay my insurance with
This leaves me £2700 out of pocket but an added overhead of £320pcm
But I have a valuable asset with warranties and a year to pull money together for next years premium.....
Please help guys this has been tearing me apart for months now and I just need to forget about doing it or jump in head first....
I appreciate any input.