How long does van contract hire last?
Here at Vansdirect, we offer van contract hire and leasing terms that last between two and five years, in which you are required to make rental payments every month.
You choose the length of this contract, depending on how long you'd like to commit to a contract hire van. Just keep in mind that contract length is one of the factors that directly influence the size of the fixed monthly rentals.
In addition to the length of contract you choose, you also choose your expected annual mileage and how many rental payments you wish to pay up front. The initial rental payment is usually between one and twelve months.
Do I need to return the van at the end of contract hire?
No matter how long your contract, you must always return the vehicle at the end of a contract hire agreement. This gives you the freedom to upgrade on your van every few years, ensuring you're always driving the latest models and also, by driving a newer van you are less likely to experience costly breakdowns and maintenance events.
Depending on the terms of your contract, however, you could be liable to pay extra fees and charges. For example, if you exceeded the agreed annual mileage limit, then you'll be subject to a charge.
Always read the finer details of your contract to ensure there are no surprises at the end of the agreement. We will always make sure you are fully aware of all the conditions of an agreement before you commit.
How much does van contract hire cost?
The monthly rentals for Contract Hire are calculated based on the initial rental payment, the annual mileage cap, and the length of the contract.
The initial rental is the payment you make at the start of the contract. You can choose to pay as little as three monthly rentals in one lump sum, or up to 12 monthly rentals upfront. The subsequent monthly rentals are then calculated based on the remaining amount. A higher initial rental will result in lower monthly payments.
When you request a Van Contract Hire quote, it will be presented in the format of '3+35' for example. This means the upfront cost is three monthly rentals, followed by 35 fixed rentals until the end of the contract. For example, if the Contract Hire van costs £200 per month, you'd pay £600 as an initial rental, followed by £200 per month for 35 months.
Both the annual mileage cap and the contract length also play a role in determining the cost of the monthly rental. If you plan to drive more in your Contract Hire van, you'll need a higher annual mileage cap. This will increase the monthly payments. Exceeding the agreed annual mileage will result in an additional charge at the end of your contract, calculated based on pence per mile.
What contract hire vans are available at Vansdirect?
Whether you're eyeing up a small van contract hire for local business use or want to hire a large van for a national business fleet, you can find the best van contract hire deals with Vansdirect.
Maybe you want to browse the benefits of a new Fiat Ducato and its always impressive cargo space. Or perhaps you'd prefer a Peugeot Partner that makes easy work of driving in and around the city centre. You might even want to start thinking about the future with a contract hire of an electric van.
Just take a look at our collection of van deals to find your favourite contract hire van
How do I apply for van contract hire?
If you've seen a van contract hire deal you want to explore further or want to ask about business contract hire vans, get the ball rolling by enquiring with Vansdirect. All you need to do is fill in your details on the enquiry form and we will be in touch to quote and with information on your next steps.
Got more questions about our van contract hire and leasing options? Get in touch with us today and a member of our team can help you with any queries and advice you on your next purchase. Or, if you're ready to start shopping, browse our new vans in stock.
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