Van Leasing firms have stated that nearly 9 out of 10 vans that they will lease out will be speed limited.

The reform will take three years to launch. Operators will improve the fuel consumption, image and care considerations of the van.

The head of the specialist commercial vehicle unit for a leading van leasing firm, said that the 70 percent of the customers who approached them asked for speed limiting technologies in their vans.

He stated that this number was only likely to rise on account of fuel economy, company policies and reduced insurance rates.

The use of a van speed limiter is only likely to increase in the near future as it is a sensible choice for the leasing firms as well.

This is because with Engine Control Units (ECU,)a speed limiter, they can cut down on their van insurance premiums.

Speed limiters can be a very eligible consideration when deciding on the van insurance premium amount.

From the client’s perspective, the use of a speed limiter, can exhibit responsible corporate behaviour. This promotes fuel efficiency thus saving money.

From the perspective of those companies that lease their fleet of vans, the switching cost to speed limiters will be minimal.

The upper speed limits of vans can now be regulated using the simple device , which will have no effect on the residual value of the van.