Van Leasing


What is van leasing?

In simple terms van leasing is a contract between an individual or business and a finance company. You make an initial deposit and pay a fixed number of rentals over the remaining period (up to 60 months). At the end of the finance lease you will not own the van, you can either enter into a further ‘secondary’ period of hire or dispose of the vehicle retaining the majority of the proceeds.

Van leasing is ideal for companies who want to manage the administration and depreciation of their vehicle, with no mileage restrictions or any potential end of contract charges.

Benefits of van leasing:

• Fixed monthly rentals make budgeting easier
• Rental period between 24 and 60 months
• You will pay VAT monthly but this can be claimed back if your business is VAT registered
• Corporate tax benefits (subject to VAT status)
• Maximum flexibility and a low deposit required for non-VAT businesses
• No mileage restriction
• Option to include a deferred sum/final ‘balloon’ payment to keep monthly costs low

Whether you want to keep monthly costs low or adjust the deposit amount, our team of experts can tailor a finance package to suit you and your business.

For more information on our flexible van lease deals contact us now on 0845 021 1111.

DISCLAIMER
All advertised payments do not include VAT. Depending on the type of contract, deposit can mean either initial payment or initial rental. Finance approval is subject to credit searching by the chosen finance company on application.