Van Leasing packages are structured as follows:
Deposit – A minimum deposit of 3 advance rentals is required, however you can choose your initial rental in order to adjust your monthly rentals.
Fixed monthly rentals – Rental terms range from 2 to 5 years.
Final balloon rental option – At the end of the term the van must be sold to pay the final balloon rental.
Our rentals are always calculated using a balloon value based on an average mileage of 20,000 per year.
- Choose to repay over 2 to 5 years
- First year’s RFL (Road Fund Licence) included
- Freedom to fix monthly costs
- No excess mileage fees or damage charges at the end of the contract
- Recoverable VAT and Corporation Tax benefits
- The vehicle appears off your balance sheet as it is owned by the leasing company
- You receive 97.5% of the resale proceeds at the end of the contract (Lenders take 2.5%)
- Current UK resident
- 3 years UK address history
- One completed credit item in past 3 years
- Proof of income
- No current CCJ’s or mortgage arrears
- Full UK driving licence
- Proof of positive trading
- Director can sign as guarantor
All advertised prices are subject to VAT. Deposit can mean initial payment or initial rental depending on the contract type.
A credit search is required on application.