Owning a van is an essential part of everyday life for many businesses, whether it is having a pickup for the weekend, or running a fleet of vans for your business, we have a number of finance packages to help you fund it.

Hire Purchase:

This is basically a loan secured on the vehicle. Just put the VAT down as deposit (you can put down more if you require) then pay off the balance over a fixed period (from one to five years). When you have paid the final monthly instalment you own the vehicle. You can offset the depreciation against tax, with 40% in the first year, then 25% a year thereafter.

We pride ourselves on offering very competitive interest rates from just 3.99% flat rate for businesses, and our ability to give you a same day decision.

If you would like to request a no obligation finance quotation please contact our finance department on 01179 68 68 69. We will give you a quick decision, and endeavour to beat any other finance package that you have been offered.

Finance Lease:

This allows you to keep your monthly payments low by paying a balloon payment at the end of the lease to own the vehicle. Just put down three payments as deposit (you can put more if you require), then pay your monthly payments for the length of the agreement. At the end you are required to pay a balloon payment to own the vehicle. VAT is paid on each payment so there is no large VAT payment upfront. 100% can be offset against tax.

If you would like to request a no obligation finance quotation please contact our finance department on 01179 68 68 69. We will give you a quick decision, and endeavour to beat any other finance package that you have been offered.

Contract Hire:

Contract Hire is a popular choice amongst companies seeking to remove assets from their balance sheet, eliminate the financial risk associated with disposing of their vehicles and benefit from the convenience of a full maintenance service (optional) all at a fixed monthly cost. Contract Hire also allows companies to reclaim 100% of the VAT on the servicing element of the rental cost, and 50% of the VAT on the finance rental cost.

There is a wide choice of financial arrangements available to companies when sourcing a vehicle, but the continued growth in the Contract Hire market suggests that this funding method will remain the preferred choice for companies in the future.