Buy a van on Finance
Are You Looking to Buy a Van on Finance
Whether you’re looking to buy a van for personal use or are a business getting a fleet onto the road, having the right van is essential. Vans are costly, but being held back by financial constraints needn’t be a concern with the van finance deals available from Citroen Van Sales.
Your van can be held responsible for distribution, operation, transporting tools, team and so much more. Chances are, it will be utilised all throughout the day, every day. With this in mind, your van might need to be high tech, large, a brand new model or simply qualify as a higher investment. If money has become a blocker in fulfilling these plans, the option to buy a van on finance could be the next step for you, whether it’s through van hire purchase, van finance lease or van contract hire.
If you would like a more in-depth analysis of the options available to you please do not hesitate to call us on 01633494651
Van Finance Deals From Citroen Van Sales
Citroen Van Sales offers the best van finance deals on your new or pre-registered van. If you buy a van on finance, whether through van hire purchase, van finance leasing or van contract hire, our experienced team can advise you on the best option based on the information you provide.
There are many reasons you might be looking to buy a van on finance. That’s why we provide the very best van finance deals; we understand that choosing the ideal vehicle to propel your business or day to day life forward should be straightforward and cost-effective. We offer a variety of vans on finance tailored to fit all budgets and needs, accompanied by a selection of financing options to select from.
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
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
Van Hire Purchase
This is ideal for VAT-registered companies eventually looking to own the van outright. Van hire purchase is a financing arrangement where ownership transfers to the company or individual upon completion of all payments, including the final purchase payment. This plan enables deferral of part of the vehicle’s capital cost to a residual or final rental payment at the end of the agreement, reflecting the vehicle’s anticipated market value at that time. This traditional van HP deal is favoured by those aiming to own their leased vans eventually rather than give it back to the dealership.
Van Finance Lease
Buying a van on finance through lease is ideal for both VAT-registered and non-VAT registered companies that wish to manage their vehicle administration and have the asset appear on their balance sheet. It offers VAT advantages, allowing the lessee to either cover the full cost over the lease period, plus interest, or opt for reduced monthly payments during the lease term, ending with a final payment reflecting the vehicle’s expected resale value.
Van Contract Hire
Our contract hire van finance deals are favoured by both VAT-registered and non-VAT-registered companies, predominantly ones looking to reduce initial expenses without sacrificing financial control and flexibility. This is achievable with our VAT-advantageous financial package. With a single, consistent monthly rental payment, we handle all risks, including depreciation and disposal costs, for a predetermined duration and mileage. The package also covers the Road Fund License and offers the option to add roadside assistance, maintenance, and a replacement vehicle provision as additional services.
Although Citroen Van Sales are able to make valuable suggestions on suitable van finance options, finance for a business can be complicated and we strongly recommend consulting your accountant to see what is suitable for your business.