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Finance Offers

Providing you with flexible, affordable finance options for you and your business. 

In today’s fast-paced business environment, we understand its crucial to have reliable and efficient vehicles that suits your business needs, it could be one van or a fleet of commercial vans. We also know each business have different preffered funding methods to suit your business, this could be an outright-purchase, business/personal contract hire, finance lease or even hire purchase. 

 

Contract Hire

With contract hire vans, it usually covers your road fund licence for the term and also warranty. If you decide that you’d like maintenance added, this covers you for servicing and sometimes tyres too! You also have the benefit of driving a brand new van, sometimes the most recent face-lift model without worrying about selling the vehicle, or wondering how much it’ll be worth in 3 years time. You’ll pay an initial rental upfront, which can be selected by you, usually anything from 6-12 months upfront, then you can select your lease term between 12-60 months and set your annual mileage at the start, which in some cases depending on the lender you may have an option to adjust the mileage during the term, and then simply return the van at the end, with any excess mileage charges and potential fees and choose your next van.

  • Pros to Contract Hire 
  • Choose your initial rental upfront
  • No worries about the value of the vehicle during the contract
  • Fixed cost rentals
  • Road Fund Licence included
  • Choice to add maintenance packages
  • Quick delivery vans

Finance Lease

Typically you hire the vehicle over a period of your choice. This can be anything from 1 to 5 years. You can choose to add a maintenance package which includes servicing and in 'some' cases, tyres so your fleet of vans can be driven stress free. 

  • Buying a brand new van means that you'll have the benefit of the manufacturers warranty. 
  • It enables you to pay the VAT monthly instead of one large upfront payment. 
  • Choose your initial rental, this can be a small initial rental plus monthly payments with a balloon payment at the end. 
  • 100% of the VAT can be claimed if its a van* (We do however, encourage you to speak to your accountant)

At the end

You do not own the vehicle, but you can choose to enter a rental agreement and pay a peppercorn rental to keep the vehicle, or you can sell the vehicle. 

If the vehicle is worth less than the final balloon payment, the deficit would be required to be covered by you. 

No damage or mileage costs, but like with any vehicle the value will be based on the condition, mileage and servicing records.