Confused about van finance options?

If you would like a more in-depth analysis of the options available to you please do not hesitate to call us on 01633494651

Although we are able to make suggestions on suitable finance options, finance for business can be complicated and we strongly recommend consulting your accountant to see what is suitable for your business.

VAN Hire Purchase
(simple van finance)

The deposit is equivalent of VAT and RFL

Repayment period from 36 up to 60 months

Monthly repayments are VAT free

VAT deposit reclaimable (VAT registered customers)

100% of interest charges can be offset against taxable profits

Vehicle is an asset on your balance sheet and benefits from writing down allowances

End of the contact period the vehicle is 100% owned by you upon payment of the option fee

All our vehicles are UK MAIN DEALER supplied (not imports) and as such have the benefit of the full warranty, service and back up from the manufacturer. The only difference between ordering through us and a main dealer is the price! If you would like any further information or you would like to proceed with an order you can contact us direct on 01633494645

VAN Finance Leasing

The deposit is the equivalent of 1 – 3 months rental in advance, plus the VAT on the deposit

Repayment period of between 24 and 60 months

VAT is paid monthly, then claimed back quarterly (if VAT registered)

Rentals are 100% allowable against taxable profits

Facility can have a balloon profile, which defers a large payment to the end of the contract - thus reducing monthly rental and aiding cashflow - please discuss this with us.

Vehicle sold or part-exchanged at end of contract with the hirer typically keeping 95% of the sales proceeds (ex. VAT) . A great benefit with this form of van lease

No mileage restrictions apply for this type of van lease, another huge benefit

VAN Contract Hire

The deposit is the equivalent of 1 – 3 months rental in advance, plus the VAT for the deposit

Van Contract Hire is essentially the same as Van Finance Leasing and the possibility of maintenance package, and without the hassle of having to sell the vehicle at the end of the contract

Deposits are anything from 3 rentals upwards

Total budgetary control - fixed costs, as long as you stay within the mileage

Monthly repayments are subject to VAT - VAT recoverable if VAT registered

Rentals are 100% allowable against taxable profits

The deposit is equivalent of VAT and RFL

Fixed maintenance package to include services, repairs, tyres, dependant on contract type optional on van contract hire)

At the end of the contract, simply hand the vehicle back

The vehicle is subjected to an inspection, where any reconditioning costs are charged to the customer - Ideal for VAT registered larger fleet operators.

The contract is mileage sensitive

There will be early termination costs if the contract does not go to the full term