Finance Lease

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Finance Lease

Our finance lease option provides you with maximum flexibility. You still gain the benefits of ownership and can take advantage of the equity built up in the vehicle while paying minimum deposit.

Thanks to the flexibility offered by finance lease, your deposit can be worked out depending on your budget. Rather than on the initial cost of your new vehicle, VAT is charged on the deposit and monthly payments. This option is ideal for companies to manage the administration and depreciation of the vehicle.

Combine with our range of van maintenance and servicing packages for stress-free fleet management.

Ask our Finance and Sales teams today for more information.

Finance Lease Explained: Step-By-Step

Choose what you pay to adjust your monthly rentals and to suit your needs.

A deposit of six advanced payments plus VAT.

Fixed monthly rentals for a period of 24 to 60 months.

Option to add a balloon payment to the end of the agreement: paid off by the sale of the van (this is the estimated residual value of the van at the end of the agreement based on the average mileage at 20,000 miles a year).

Think this is the one for you? Head on over to our finance application form to fill it in or check out our contact our team to learn more.

Finance Lease Advantages

Fixed monthly payments
Rental periods between 24 and 60 months
Maximum flexibility and low deposit
No mileage restrictions
No need to be VAT-registered
Option for balloon payment

Finance Lease Company Benefits

VAT-registered companies can claim back VAT on monthly payments
Payments can be offset against taxable profits
You will receive 97.5% of the resale proceeds at the end of the contract (lenders take 2.5%)

Requirements For Finance Lease

3 Years address history
UK resident
Full UK driving licence
No current CCJ or mortgage arrears
One credit item in the last 3 years
Proof of income

Requirements for Business Applications

Director can sign as guarantor
Proof of trading

Apply Now

Check Out Our Van Finance Guides

What’s the difference between finance leases and hire purchase? How can new businesses get finance? These are just some of the topics we’ve covered in our series of educational finance blogs. Break through the unnecessary jargon and help make your van finance journey as smooth as possible.

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