BuyVansCheaper.co.uk is able to offer a wide range of finance packages to suit every budget. Whether you need a hire purchase over 5 years with VAT only as deposit or a 3 year contract hire package with full maintenance, our experienced advisors will be able to help choose the package thats right for you and your business.
Any van that you see on BuyVansCheaper.co.uk, as well as the the thousands that we dont have advertised, can all be financed through our extensive list of funders. Over our 5 year trading period we have established a wide range of funding providers including:
Hire Purchase
The principle behind Hire Purchase is that of eventual ownership of the asset that you are financing. Time periods usually range from 3,4 & 5 years with deposits starting from with the VAT only down. The finance company pays for the vehicle initially with the customer making payments over a specified time period. These payments have no VAT element because the VAT has all been paid at the beginning.At the end of the term and once all payments have been made, ownership of the vehicle is transfered to the customer.
FInance Lease
Finance Lease works as a cheaper alternative to Hire Purchase by using a smaller deposit and so keeping more cash in your bank account. Deposits range form as little as £500 + VAT with payments made each month over a specified period. VAT is payable on these payments but can be reclaimed for VAT registered businesses. At the end of the period the customer is asked to sell the vehicle and they are allowed to kepp the sales proceeds.
Contract Hire
Contract Hire follows the same principles as Finance Lease but has the oppurtunity of a maintenance package. This will cover all costs throughout the specified term but does have mileage limit and damge clauses. At the end of the period the vehicle is simply handed back. This is a particularly good finance package for businesses looking for accurate cost forecasting with limited risk.
For more information on the different finance packages available or to have a consultation with one of our experienced advisors please give us a call on 0800 955 5055 or contact us by email.
Any van that you see on BuyVansCheaper.co.uk, as well as the the thousands that we dont have advertised, can all be financed through our extensive list of funders. Over our 5 year trading period we have established a wide range of funding providers including:
- Commercial Vehicle Finance Ltd
- Lex Vehicle Partners
- Arval
- Lombard
- ING
- Santander
Hire Purchase
The principle behind Hire Purchase is that of eventual ownership of the asset that you are financing. Time periods usually range from 3,4 & 5 years with deposits starting from with the VAT only down. The finance company pays for the vehicle initially with the customer making payments over a specified time period. These payments have no VAT element because the VAT has all been paid at the beginning.At the end of the term and once all payments have been made, ownership of the vehicle is transfered to the customer.
FInance Lease
Finance Lease works as a cheaper alternative to Hire Purchase by using a smaller deposit and so keeping more cash in your bank account. Deposits range form as little as £500 + VAT with payments made each month over a specified period. VAT is payable on these payments but can be reclaimed for VAT registered businesses. At the end of the period the customer is asked to sell the vehicle and they are allowed to kepp the sales proceeds.
Contract Hire
Contract Hire follows the same principles as Finance Lease but has the oppurtunity of a maintenance package. This will cover all costs throughout the specified term but does have mileage limit and damge clauses. At the end of the period the vehicle is simply handed back. This is a particularly good finance package for businesses looking for accurate cost forecasting with limited risk.
For more information on the different finance packages available or to have a consultation with one of our experienced advisors please give us a call on 0800 955 5055 or contact us by email.