Find your perfect van

The van finance options available to you are van leasing, van contract hire or van hire purchase purchase. All agreements require a deposit. The only way to own your van is to choose a hire purchase agreement. After paying your deposit you pay a fixed amount for the duration of your agreement after which the van is yours to keep.

Contract Hire offers a convenient way of getting a van, with non-maintained or fully maintained deals available. A fully maintained deal covers warranty repairs, servicing and tyres. Again, the deposit is paid then you pay a monthly installment until the end of your term – at which point you just return the van.

If you want a flexible payment schedule, payments deducted to reduce taxable profits and the ability to renew your van every few years, then van leasing (finance lease) is for you. You pay a deposit, then monthly repayments for the duration of your agreement followed by a balloon payment at the end.

A balloon payment is effectively a final payment, required at the end of your lease agreement. A balloon payment is used to reduce the monthly cost and is equal to the predicted residual value (what the van is worth at the end of your term, calculated based on age and projected mileage) of the van. To cover the balloon payment you are legally required to sell the vehicle.

With a van hire purchase agreement, there are no mileage restrictions. On contract hire, your monthly price is calculated based on your mileage requirements. Be careful not to understate your mileage as going over will result in additional charges. For van leasing (finance lease) agreements, projected mileage is used to calculate your balloon payment, so going over your specified mileage could result in you being out of pocket when it comes to selling your van.

The deposit amount varies depending on the van finance type. Van hire purchase deals require a 20% deposit (equal to the VAT) and is reclaimable if you’re VAT registered. Lease and contract hire deals usually require a deposit equal to six monthly payments in order to buy at our advertised prices. We do accept a lower deposit equal to three monthly payments however this will affect the monthly price.

Our terms range from 2 to 5 years. Our pricing is normally based on two years for contract hire, four years for lease and five years for hire purchase.

Unfortunately we are unable to accept vehicles in part exchange.

Yes, we do have a range of new vans in stock that can be purchased outright and our prices are extremely competitive. Also – bear in mind that some of our vans do come out cheaper when purchased on a finance contract. You can discuss your requirements with our sales agents and they will be able to give you all of your options.

This question gets asked in many different ways, so we’re going to address them all.

The first, is bad credit. All van finance agreements – we can supply vans to both private and business customers – are subject to a credit check, which you will need to pass to be approved. To help you work out your eligibility, finance companies will look for the following things: 3 year address history, one credit item in the past three years, UK residency, Full UK driving licence, proof of income and no current CCJ’s or mortgage arrears. For business users, you’ll also need proof of positive trading and a director that can sign as a guarantor.

Sole traders and new businesses frequently ask if their status makes them ineligible for finance. Being a sole trader or a new business doesn’t mean you can’t get van finance. Finance companies will be looking for the things mentioned above and as long as you have them, there shouldn’t be a problem.

Finally, another one is not being VAT registered. Again, this won’t affect your eligibility – it just means you’ll not realise the tax benefits that would come with being registered.