Finance Lease explained

Finance lease is the most flexible option with minimum deposit and the benefit of full ownership.

  • Rental are 100% tax deductible
  • Low deposit - normally 1-3 monthly payments
  • Monthly payments plus Vat - Reclaimable if vat registered
  • No mileage restriction
  • No condition stipulation
  • Option to have a balloon payment - will bring monthly payment down by offsetting an amount to the end of the agreement
  • Vehicle part exchanged or sold at the end of the agreement with the hirer retaining 99% of sale proceeds
  • Secondary rental available for £10 plus vat per year

Not Vat registered? This is a great way to finance your van with a low deposit and maximum flexibility.

Hire Purchase

The traditional way to finance your new purchase.

  • Low deposit - Vat only (reclaimable in full if vat registered)
  • Fixed monthly payments
  • Vat free monthly payments
  • 100% of interest charges can be offset against taxable profits
  • Ownership at the end of the agreement - once agreement is paid you can sell the vehicle and keep 100% of sale proceeds
  • Repayments up to 60 months
  • Easy to settle agreement early

Very popular if ownership is important and you keep the vehicle long term

Contract hire

Financing your van using contract hire is a comprehensive, fixed cost solution where the use of the commercial vehicle is important without the responsibility of ownership

  • Rentals 100% tax deductible
  • Complete budgetary control
  • Low deposit - 1 payment upwards
  • Maintenance package available - To include service, repairs, tyres and wear and tear (dependant on contract type)
  • Mileage restrictions apply - Be careful!
  • At the end of the contract simply hand back and start again
  • Depreciation not your concern - finance provider to take risk
  • Fixed monthly payments

Ideal if ownership is not your priority but low monthly payments are

Got a question? Contact us now on 0870 1299 777 or