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Guaranteed Van Finance         0800 376 7000


HIRE PURCHASE

Hire Purchase allows you to buy the van you want yet spread the cost to fit your budget.  Simply choose your van, decide how much you want to pay as a deposit (minimum deposit e £99.00) and then use direct debit to pay the monthly instalments.  You own the van at the end of the agreement.

The features include:

Cash flow – you needn't pay the full amount today.  Hire Purchase allows you to pay monthly meaning that your use the rest of your money on other things.

 Repayment period flexibility – you choose the term that's right for your and your budget.

Fixed monthly repayments – your new van will cost the same every month meaning that you can plan your finances.

Deposit – with a minimum of only £99.00, Hire Purchase couldn't be easier.

VAT free monthly repayment – The VAT can be claimed back immediately, there's no VAT to pay on the monthly payments....

Tax advantages – ...but, if you're VAT registered, you can reclaim the VAT.

Tax relief – you can claim 100% tax relief on all interest charges.

Company asset – because your new van is an asset, you can be offset it against your taxable profits.

Ownership – at the end of your agreement, you'll own the van.

No mileage restrictions – you drive your van as much, or as little, as you want.

Equity – you own the equity in your van.  Any value above and beyond the settlement figure is yours.  If you've finished the repayments, the value is yours.  You can use this as a deposit against your next cheap new vans.

 
FINANCE LEASE

If you're VAT registered, using a Finance Lease is a flexible and tax efficient way to buy your next cheap new van without breaking the bank.  You choose the van but the finance provider retains ownership.  You simply lease it for the agreed period and, at the end of this term you either;

 1. Sell the vehicle to a third party and use the proceeds to pay off any balloon payment.  If there's money left over, you keep most of it (typically 95%); or

 2. Pay a one-off secondary rental and continue to use your van for a further 12 months.


The features include:

Cash Flow – you can use your van immediately whilst allowing payments to be made on a monthly basis, providing your business with better cash flow.

Repayment period flexibility – you choose finance period that's right for you and you business (12 to 60 months).

Fixed monthly repayments – enjoy peace of mind knowing that your monthly repayments are fixed for the whole term of the agreement.

Low deposit – you choose the deposit.  Pay a little more and reduce the monthly cost.

Low monthly repayments – by varying the deposit or by choosing and varying a terminal rental (a balloon payment payable at the end of the agreement) you can make your cheap new van even cheaper.

Tax advantages – if you're VAT registered, you can reclaim the VAT payments made within the monthly payments.

Tax relief – you can offset your cheap new van's monthly repayments against taxable profits (100% for a van & 50% for a car)

Mileage restrictions – only an estimation is used if choosing to finance your new van with a terminal rental.  If you choose not to use a terminal rental, you can enjoy total piece of mind with no restrictions.

Equity – Upon sale of the vehicle at the end of the term, the customer retains approximately 95-98% of the equity in the vehicle once the balloon payment has been paid (% dependant upon finance provider).
CONTRACT HIRE  

Financing your new van using Contract Hire is the easy option to enjoy peace of mind and fixed cost motoring.  A low deposit and low monthly repayments make this the ideal way to finance your new van.  What's more, with Contract Hire your tax disc is automatically renewed at no extra cost.  You can also remove the van from your balance sheet, avoid the issue of depreciation, avoid slipping into  negative equity and, at the end of the term you can hand the vehicle back for a brand new one or simply walk away.

Because the rental amount is set in line with the van's depreciation, Contract Hire is often more cost effective than choosing to buy your van outright or on a Hire Purchase agreement.  Of course, you could pay that little bit more and enjoy the added convenience of full maintenance and servicing at a fixed monthly cost.

Contract Hire Finance features include:

Cash flow – by using Contract Hire the van isn't on your balance sheet.  This way you don't need to worry about cash flow or the problem of depreciation and negative equity.

Repayment period flexibility – You can use Contract Hire over a 2 to 5 year period; you choose what's right for you.

Fixed monthly rentals – make for peace of mind motoring.  For a small additional monthly cost you can also choose to benefit from a maintenance package that could cover the costs of road side recovery, servicing, repairs and tyres (various maintenance packages available).

Low deposit – why pay a large deposit when you could merely pay the equivalent of 3 monthly rentals.  In some cases even a zero deposit is possible.

Tax advantages – monthly rentals include VAT which, if you're VAT registered, you can simply reclaim every quarter.

Tax relief – you can offset the monthly rentals against profits: 100% for vans and 50% for cars.

Mileage restrictions – you choose the mileage that's right for you and your business.  However, don't worry if you need to do more than you initially asked for; any excess mileage will simply be charged at the end of the term (the pence per excess mile charge will be clearly indicated on the your finance agreement).

Depreciation – drive with peace of mind knowing that your new van's depreciation is the risk of your finance provider.

Optional maintenance packages – with Contract Hire you can simply choose to pay a little extra a month to cover any costs associated with servicing, road side recovery, repairs and tyres.  Why worry about unexpected costs?

Road Fund Licence included – your tax disc will be delivered to your door - no hassle, no fuss.

 
GAP INSURANCE

Your normal comprehensive vehicle insurance will pay out in the event of a total loss by accident, fire or theft. But the payout is at market value. In any finance plan there is a period where the balance of finance outstanding will be greater than the market value of the vehicle. GAP insurance closes the gap between these two values and ensures that you are not left to pay out even more in a time of potential strain on your business.
PAYMENT PROTECTION

A payment protection plan covers your finance repayments in the event of unforeseen eventualities such as sickness, accident and unemployment, protecting your future and giving you peace of mind.