Fridge Van Hire Purchase

Fridge Van Hire Purchase

Are you looking for a simple finance package which gives you the option to own your new van while making fixed monthly payments in the process? Then fridge van hire purchase is most definitely the option you!
Your hire purchase package will involve an upfront deposit followed by fixed monthly payments,unlike other finance packages you have the opportunity to purchase the vehicle at the end of your agreement.
There are no mileage restrictions with a refrigerated hire purchase agreement, however you are responsible for the vehicle servicing and maintenance.

How it works

The deposit is normally full vat plus 10% of the vehicle value, although you can choose to pay more to reduce your monthly payments.
Fixed monthly payments: terms between 24 & 60 months.
Small option to purchase fee at the end of the agreement to transfer ownership of the vehicle to you, the customer

Benefits of Fridge Van Hire Purchase

  • Ownership of the vehicle
  • Fixed Interest rate
  • Low deposit – VAT only
  • VAT deposit reclaimable
  • Flexible payment period – from 24 up to 60 months
  • VAT free monthly payments

Information required to assist the finance application:

  • UK resident
  • Full UK driving licence
  • No current CCJ or mortgage arrears
  • Proof of income

For Business Applications:

  • Director can be guarantor
  • Proof of trading