Our guide to Van Leasing, Contract Hire Vans and other Van Finance options give you information you need to choose the right van finance options for you.
Click here to see our range of Van Leasing and Contract Hire Deals available.
Van Leasing
This facility provides the customer with all the benefits of ownership with minimum deposit and maximum flexibility.
- Deposits are usually the equivalent of three rentals, but can be any amount whatsoever
- Repayment period normally up to 48 months
- VAT is paid monthly, then claimed as normal if VAT registered
- Van Lease Rentals are 100% allowable against taxable profits
- Facility can have a balloon profile, which defers a payment to the end of the contract - thus reducing monthly rental and aiding cash flow
- Lease Vans sold or part-exchanged at end of contract hirer benefits from 95% of sales proceeds (ex. VAT)
- Ideal for non-VAT registered business users looking for low initial deposit and maximum flexibility
- Periods up to 60 months
Click here to see a summary of van leasing.
Van Hire Purchase
If ownership is a priority, Van Hire Purchase is a cost-effective route to purchasing your new or used van:
- Flexible Repayment period – normally up to 60 months.
- Fixed Monthly Repayment aids your budgetary control and cash flow.
- Monthly repayments are VAT free
- VAT deposit reclaimable (VAT registered customers)
- All of the interest charges can be offset against taxable profits.
Click here to see a summary of van hire purchase
Contract Hire Vans
A comprehensive, fixed cost solution where use of your van is important, but without the responsibilities of ownership. Van Contract Hire is essentially an operating lease with a full maintenance package.
- Deposits are anything from 3 rentals upwards.
- Total budgetary control - fixed costs, as long as you stay within the mileage.
- Contract Hire Monthly repayments are subject to VAT – then claimed back if VAT registered.
- Contract Hire Van Rentals are 100% allowable against taxable profits.
- Fixed maintenance package to include all services, repairs, tyres, dependant on contract type.
- At the end of the contract hire period, you simply hand the van back.
- The van is subjected to an inspection on return where any reconditioning costs are charged to you.
Click here to see a summary of contract hire.
The new MAXUS School Minibus Finance Programme
We have a dedicated finance programme for the MAXUS School Minibus designed for maximum affordability and utter simplicity.
- Guaranteed finance for all state schools in the UK*
- Very high acceptance rate for other organisations
- Nothing to pay for six months
- Spread your payments with four easy annual instalments
- New MAXUS School Minibus models only
Click here to request further information.
Outright Purchase/Cash
Total flexibility; the customer retains fleet policy and has no contractual obligations to LDV.
Click here to see a summary on outright purchase
Click here to see our range of
Van Leasing and Contract Hire Deals available.
