• vans on finance

Van Finance Deals - Vans on Finance

Vans on Finance In North Cheam, Sutton, London

Our Van Finance Deals and Leasing Offers Are On Vans That Are In Stock Now! From £169 A Month


Choosing a new commercial vehicle for your business requires careful consideration. Not only do you need to make a great first impression, but you also have to consider practicality, economy and, of course, affordability.

What is Vehicle Financing?

Vehicle financing or car finance agreement is an agreement between two parts where one lends an amount of money to the other with the purpose of purchasing a car or van. The money will have to be returned with interest over a period of time, as mentioned in the contract.  

Van Finance Deals Available:

Here at Loads of Vans, we aim to make driving away in your new van as simple and affordable as possible. That’s why we offer a range of fantastic finance leasing deals on our vehicles. Choose from Finance LeasingHire Purchase (HP), Business Contract Hire (BCH) or Lease Purchase and benefit from our tailored packages that are designed to suit your needs and budget.

Our finance specialists can talk you through the benefits of each option and advise on which would be the best for your business. Whether it’s a van that you own at the end of the agreement or one you can return at the end of the contract, you can be sure your requirements are catered to. All our vans on finance come with quality assured, meaning you can be certain you’ll drive away happy. Explore our available options and find the best finance for your organization.


  1. Van Finance Leasing

Leasing is one smart way to upgrade to a new vehicle without any hassle. You have all the benefits of ownership, you get your van for less and at the end of the contract you can simply upgrade again to a newer vehicle and keep up with the times for matters such as emissions rules or switching to electric. Usually, it’s over a period between 36 – 72 months with fixed payments and a deposit required. However, there are plenty of van finance options with 0 deposit that you can access. Here are the pros and cons that you must be aware of, before signing a leasing agreement:

van finance lease infographic step by step

PROs of Van Finance Leasing:

CONs of Van Finance Leasing:

  1. A flexible option that allows you to upgrade your van early, depending on the agreed terms. Thus, your fleet will be more cost-effective and you will save some money in the long term.
  2. For the first 3 years, you won’t need an MOT and road tax if your van is brand new, meaning lower costs.
  3. If you choose this agreement you will have an affordable fixed cost per month, with low or maybe no deposit upfront.
  4. The biggest advantage of leasing over buying is that it is tax-deductible and you have the possibility to claim back your VAT.
  5. There is no restriction on how many miles you drive.
  1. If you wish to end your leasing agreement earlier than your contract states, you will have to pay an extra fee.
  2. You don’t actually own the vehicle at the end. Leasing vehicles is the option that suits best those that wish to update with regularity.
  3. A minimum deposit will be required every time you upgrade, that will help lower the monthly fees, but it’s up to you how much will it be.
  4. The vehicle will depreciate over time, so you must sell the vehicle at the end of the agreement for the current market price. 


Do you want to know more about this type of finance deal? Visit our van finance lease page where we go more into detail about this option or watch the video below.

The benefits of this agreement for you:

Should I buy or lease a van?

Of course, leasing a van comes with many benefits, but it’s not always the best solution in some circumstances. That’s why, to help you make the best decision, we compare these two finance options in our article Should You Buy or Lease a New Van?


Van Leasing Offers


  1. Van Hire Purchase (HP)

This financial package allows you to own the vehicle at the end of the agreement. The cost will be spread over a period of up to 60 months, but a minimum deposit will be required representing the upfront VAT and road fund licence. VAT registered companies will be able to reclaim the deposit. The vehicle will be used as security against the van finance. Here are some of the pros and cons that you may want to know before choosing this option:

van hire purchase infographic steps

Hire Purchase PROs:

Hire Purchase CONs:

  1. As opposed to leasing a van, this option won’t limit your mileage, as you will be the van’s owner at the end.
  2. You will pay a fixed amount and you can choose the repayment term that suits you the most.
  3. Like leasing, if your deposit will cover the VAT, it can be reclaimed.
  4. You own the van when the agreement ends, but keep in mind that until then, the finance company is the owner.
  5. The loan can be paid off early, depending on the contract. Some will require a few monthly payments before they give you this possibility.
  1. If for any reason you won’t afford to pay, the finance company could take the van.
  2. Overall, this package can turn out to be more expensive than a leasing deal, due to higher interest rates.
  3. Usually, HP agreements will be registered with credit agencies, meaning that in case you miss, or you are late with your payment, your overall rating could be affected.
  4. As a secured loan, monthly payments are calculated according to your credit rating, thus, in case you have a bad credit record you may not be eligible for deals of lower interest rates.


To find out if this is the right type of finance for you, visit the Van Hire Purchase and have your questions answered.

Is a Hire Purchase worth it? 

In short yes, if you don’t have immediate funds or wish to spread the cost over a certain period. The finance lender is the legal owner until the loan will be fully repaid, transferring the ownership to you after the last payment was made.


  1. Business Contract Hire (BCH)

Similar to hiring a car but for a longer period, van contract hire allows you to hire a van for an agreed period, with a mileage limit and a fixed monthly amount to pay. This is determined by the contract length, the car value and your mileage estimation throughout the contract. It’s a cost-effective way to drive the van you require but maybe not be able to buy right now and at the end of the contract, you simply return it to the lender.

van contract hire infographic how to

Contract Hire PROs:

Contract Hire CONs:

  1. Lower initial costs, allowing you to make use of new vehicles without spending large amounts of money.
  2. Payments are fixed, there are no fluctuations, so you can plan your budget without any worry.
  3. The finance company is dealing with the vehicle maintenance, taking this stress away from you and lowering your costs.
  4. You won’t be affected by the depreciation of the van, as this is supported by the leasing company.
  5. VAT can be reclaimed 100% if your business is VAT registered and up to 50% if the van is used for your own purposes.
  1. You will have to pay extra charges in case you exceed your mileage estimation.
  2. Terminating the contract earlier can come with an expensive cost, keeping you under a fixed contract.
  3. You do not have the possibility to own the car when the contract terminates.
  4. The vehicle needs to be well maintained and you must return it in good condition to avoid damage charges.



To better understand this type of financing and how well it suits you, read more on our Contract Hire vans page.

Is Business Contract Hire a good idea?

Although it comes with a set of benefits and downsides, business contract hire is the most suitable for companies in need of large fleets, due to the fixed low initial rental paid. This way will be easier to plan the budget and more money can be directed to different sectors of the business.


  1. Lease Purchase (LP)

This option is also known as Hire Purchase finance with a balloon payment – low monthly fees plus one final payment to complete the total amount payable. It’s an affordable method to pay for a van, cheaper and more flexible than Hire Purchase (HP) or Personal Contract Purchase (PCP), as you can adjust the monthly fees and the balloon payment accordingly to your budget. However, keep in mind that this package is restricted to a 4-year term.

Lease Purchase PROs:

Lease Purchase CONs:

  1. Great package if you are a non-VAT registered customer and you want to own the van after the final payment.
  2. The initial payment and monthly instalments are low, covering only part of the vans’ value.
  3. It’s mandatory that you own the van when the contract ends after the balloon is paid. Equally, you can choose to extend or refinance the agreement.
  4. VAT is not applied to your monthly instalments.
  5. The value of the van can be deducted from your company’s taxable income, as it will be mentioned on the balance statement.
  1. The balloon payment (final instalment) must be paid in full at the end of the agreement.
  2. The van must be covered by fully comprehensive insurance throughout the contract.
  3. This package does not include any extra services like maintenance.
  4. If you don't make a payment on time, the car or van may be confiscated and auctioned to recover the debt.



 Read our van finance FAQs to make sure you have all your questions answered:


  • Can you buy a van on finance?

For many people, a van loan is a great alternative since it allows one to buy a van without having to pay the whole amount upfront. However, you have to be eligible to obtain a van finance deal.

  • Is it hard to get finance on a van?

Van financing is a process similar to a bank loan or credit card, no matter if you are self employed or you represent an organisation. If you have a good credit history, the lender will determine whether you can afford the payments throughout the contract.

  • Can I get van finance if I’m self-employed?

In short, yes, but there are a few conditions to be met. Your company must be officially registered and at least two years of trading. We discuss this subject in detail in our Van Finance for Self-Employed - Loan & Leasing Guide.

  • Do you pay VAT on van finance?

Usually, a commercial vehicle often requires a minimum deposit equal to the FULL VAT of the van's purchasing price. It can be claimed back if your company is VAT registered.

  • Can I lease a van if not VAT registered?

Yes, you can. You don’t need to be VAT registered to access van deals. There is a wide range of accessible alternatives, each one with different options when terminating the contract, tailored to your company's needs.

  • Can I sell my lease van?

Yes, you have the choice to resell your van after your van finance contract ends. The van might be privately advertised and sold on behalf of the lende.

  • Is it better to Lease or Hire Purchase?

The difference between the two is how much you pay and when you pay it. Overall HP may be more cost-effective when larger monthly payments are affordable to you because the cost will be paid off sooner and less interest as a result.

  • What are the documents and details required for finance?

  1. Your personal details - name, DOB, marital and residential status and address history.
  2. Identity proof – a valid Passport.
  3. Proof of address
  4. UK driving licence (valid)
  •  Is Guaranteed Van Finance Possible?

No matter if you have a bad or good credit rating, the truth is that no company, trader or lender can offer guaranteed van finance. To be able to offer their clients finance for vans, lenders have their own criteria to follow before making a decision. Some of the factors that influence their decision include the deposit paid upfront, your rating and circumstances, and your affordability. To avoid irresponsible lending that could cause more problems for both, lenders will have to make sure you can afford to repay the loan you will get. Therefore, finance for vans can not be guaranteed and we highly recommend you to be aware and consider all the risks you may be exposed to before working with any finance lender.


Why should you choose us?

We have designed our van finance deals and agreements to be as adaptable as possible, making it simple for you to plan your budget and get the best and most suited van for your company, with the option of paying it over a predetermined period. We are one of the oldest and most trusted vans dealerships in London. If your activity requires driving a new or used vehicle, you will find a wide range of options to choose from, as well as different types of finance that can be tailored according to your needs.  

We work with big auto brands like Citroen, Peugeot, Nissan, Volkswagen, Ford, Fiat, Vauxhall and we take pride in our impeccable services.

If you still require more details or information regarding the numerous alternatives and benefits each option has or simply wish to request a finance quote, get in touch with us today and one of our financing members will be more than happy to help you choose the best financing deal for you.


Read more articles about van financing that might interest you: 

Please indicate which methods you are happy for Loads Of Vans to contact you.
Click to adjust your contact channels
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Pop Up