Hire Purchase


Our Hire Purchase package is all about simplicity. If you prefer to own the van at end of your agreement, then Hire Purchase is most definitely the best option for you.

After paying a deposit, you simply hire the vehicle until your final monthly payment – which point you acquire ownership of the van.

There are no mileage or damage restrictions with a Hire Purchase agreement; however you are responsible for the vehicle’s servicing and maintenance.

The Hire purchase package is split as follows:

Deposit: Usually the full VAT (20%) of the vehicle’s value, although you can choose to pay more to reduce your monthly payments.

Fixed monthly payments: Choose your repayment term, from 2 to 5 years.

Other Details

Capital cost of van can be written-down utilising the standard writing-down allowances, unless using the Annual Investment Allowance (AIA). Finance subject to company status.

DISCLAIMER
All payments advertised are subject to VAT. Deposit can mean initial payment or initial rental depending on the contract type. Customers are subject to credit searching by the finance company on application.