Van Buyers: Latest ANCAP Van Safety Ratings

For commercial van operators that spend many, many hours a day in their vehicles, two key buying decisions will typically be around safety and productivity. The van must provide a safe working and operating environment and at the same time must deliver both goods to customers and a benefit to the business bottom line. To assist the buying decision, new commercial van buyers have latest ANCAP van safety ratings and a range of cheap van finance options to consider.

Latest ANCAP Van Safety Update

In mid-February, ANCAP released a second set of comparative results which are the result of an evaluation of the performance and the availability on a number of commercial vans of active safety systems. The release of these results coincides with a surge in demand for vans driven by the increase in online buying and home delivery needs caused by the pandemic.

ANCAP is the nations’ ‘independent voice’ when it comes to vehicle safety. It assesses a range of vehicles based on a comprehensive set of testing criteria to deliver their ratings. This latest release follows the first report in December 2020 and has updated reports on Merc’s Vito and the Daily by IVECO. The assessment updates acknowledge spec upgrades which have been introduced since the previous assessment.

A number of other vans are also included in the February 2022 report – the Hyundai Staria-Load and the LDV Deliver 9. In total the report provides the latest summary of the collision avoidance spec and capabilities for 16 vans.

According to ANCAP CEO, Carla Hoorweg, the analysis add value to operators beyond the ANCAP star ratings as it shines a light on active safety performance. Ms Hoorweg said that due to frequent use of their vehicles and the increased ‘on-road exposure’, especially in urban areas and interaction with pedestrians and other road-users, it was essential for operators to have an awareness of the crash avoidance capability of their vehicle and its active safety systems.

The assessment included Advanced Driver Assistance Systems across a number of vans currently on the market to assist buyers.

It’s important to note that ANCAP’s Commercial Van Safety Comparison does not replace or amend the existing safety rating for a vehicle as assessed by ANCAP. It is undertaken and intended as a ‘parallel consumer program’ for buyers to easily compare the active safety features available in the  van market.

The full list can be reviewed on the ANCAP website but we’ll report some of the notable results:-

  • Hyundai Staria-Load received Platinum – 90% score for crash avoid.
  • LDV Deliver 9 – 27% and Bronze as assessed with only modest active safety tech.
  • Update Merc Vito, HiAce and Ford Transit all achieved Gold in crash avoidance performance.
  • Vito was elevated from Bronze in December 2020 to Gold in 2022 due to the inclusion of new systems.
  • IVECO Daily increased its rating from Not Recommended to Bronze with the addition of driver monitoring system, autonomous emergency braking and seat belt reminder.

While manufacturers are clearly working hard to upgrade safety systems and performance in their vehicles, it can be challenging and somewhat confusing for buyers to actual make informed comparisons of models on this basis. This ANCAP report should be of great assistance for buyers where safety is a very high priority.

Combining Safety with Productivity – Cheap Van Finance

Safety is a high priority for commercial van operators, but productivity is also extremely important. Purchasing a van with a high safety rating with cheap finance, such as an ABN holder car loan, may assist operators to contain outgoings and achieve improved productivity and increased profitability.

Securing cheap finance starts with sourcing the cheapest interest rate loans while being mindful of the benefits which can be realised with specific loan types.

We offer the full choice of loan types for van buyers:-

  • Chattel Mortgage
  • Lease
  • Commercial Hire Purchase

The benefits to be realised from each finance product need to be assessed in the context of the individual objectives and structure of the business buyer. These include the approach to the balance sheet, how GST is handled, when and how tax deductions can be claimed and will be dependent on the accounting method implemented.

The interest rates vary as can be seen when comparing business financing car rates. Chattel Mortgage attracts the cheapest interest rate and is also most suitable for those considering temporary full expensing. Interest rates also vary across the lender market. To achieve the cheapest interest rate and as such the cheapest van finance, buyers can be greatly assisted by our broker-style service with our quick access to multiple lenders.

To further assist van buyers, we provide a car finance calculator. This self-serve tool allows buyers to immediately receive loan repayment estimates on any number of vans they are considering just by entering the purchase price/loan amount and preferred loan term.

Owning one of the safest vans on the market can be achieved with cost-effective finance to ensure your working environment is both safe and productive.

Talk with Jade Car Loans 1300 000 003 for a quote on finance for one of the safest vans on the market

DISCLAIMER: IN REGARD TO MISREPRESENTATIONS AND ERRORS CONTAINED IN THE MATERIAL AS PRESENTED, LIABILITY IS NOT ACCEPTED. THE DETAILS AND CONTENT IS PROVIDED FOR CAR BUYERS AND INDIVIDUALS AND BUSINESS SEEKING FINANCE PURELY AS GENERAL INFORMATION. THIS IS NOT PROVIDED AS THE ONLY SOURCE OF FINANCIAL INFORMATION. ANYONE THAT CONSIDERS THAT NEED FINANCIAL ADVICE ABOUT THEIR SPECIFIC REQUIREMENTS SHOULD SEEK THEIR OWN FINANCIAL ADVISOR.