Financing Options
Only vans have negotiated with the top commercial vehicle finance companies and are delighted to offer the following options:
View Finance Examples Online
Use our online calculator to enter a finance amount and view example lease purchase
and hire purchase monthly payments and deposits.
Lease Purchase
A lease purchase arrangement allows you to own a new vehicle with small deposits and flexible monthly payments.
Benefits / Details
- Deposits are usually 3 monthly rental amounts, but can be any amount you wish
- VAT is added to payments then claimed back through standard VAT cycle
- All payments are 100% allowable against taxable profits
- Repayment periods are flexible up to 60 months
- Agreements can utilise a final balloon payment to defer large payments to the end of the agreed period
- No limited mileage clauses
- Van sold or exchanged upon completion of the agreed period, you receive 95% of sales proceeds
Hire Purchase
This is a simple method of purchasing a new van with fixed monthly repayments.
Benefits / Details
- Small initial deposits, VAT is the minimum deposit allowable, any amount above this is also acceptable
- Monthly payments are VAT free
- VAT deposits are reclaimable
- Interest charges are offset against taxable profits
- Repayment periods are flexible up to 60 months
- Ownership of vehicle is passed over to you upon completion of the agreement
- New vehicle is a company asset and can benefit your balance sheet from writing down allowances
View Finance Examples
Use our online calculator to enter a finance amount and view example lease purchase
and hire purchase monthly payments and deposits.
