Commercial Van Leasing
- Sourced
- Leased
- Delivered
What Is Commercial Van Leasing?
At Universal Vans we have worked with many businesses across the whole of the UK to find them the perfect van for their operational needs, we offer a variety of vans from small, medium or large vans and offer great van lease deal options to suit all different budgets.
Benefits of Leasing a Van
Continued Benefits
Here at Universal Vans, we have years of experience working with customers who require a van for their business. If you have any queries or questions and need any further guidance, please reach out to our expert team on 0117 369 2222.
Every Used Vehicle Comes With a 6 Month Warranty
Types of Vans Available
Who Can Lease a Van?
Access to commercial van finance may also be available depending on individual circumstances and credit checks. Our team is on hand to answer any questions you may have about van finance and you can even apply directly here.
Warranty
Enjoy piece of mind with a full manufacturers warranty on all new vans
Fast UK Delivery
We offer fast UK delivery so you can enjoy your new vehicle right away
Price Promise
We ensure you get the most competitive quote on the market
Convenience
We save you time by sourcing, financing and delivering your new vehicle
Leasing vs Buying: Key Differences
Leasing is great for all types of businesses, especially those with large fleets of vans that need updating or for adding new vans to their operations, if you are a fleet manager and need some more guidance then we have a guide you can read here.
Nationwide Delivery
Why Choose Us?
We are able to work with businesses across the whole of the UK and have budget friendly options available for all different types of businesses. Contact our team today for your commercial van leasing needs.
Frequently Asked Questions
What Are The Main Types Of Commercial Van Leases?
The two most common forms of commercial van leasing are Business Contract Hire and Finance Lease.
With Business Contract Hire, the finance company retains ownership and is the registered keeper of the van, and at the end of the hire period, you will hand the van back. Mileage will likely be limited, with excess mileage and damage charges applying at the end of the contract.
Finance Lease is a long-term rental agreement that will allow you to use the van for a fixed period and mileage, whilst paying regular payments, with a final balloon payment at the end of the contract. You/your business will assume the risks and rewards of vehicle depreciation, and you’ll be responsible for selling the van at the end of the contract.
Am I Eligible For Van Leasing?
Your eligibility for van leasing will depend on a variety of factors. The team here at Universal Vans will be able to run these checks before you lease a vehicle.
What Are The Advantages Of Van Leasing?
There are many advantages to commercial van leasing, including lower upfront costs, fixed and predictable monthly payments and the ability to upgrade your van to a newer model every few years.
Choosing van leasing also removes the hassle of dealing with depreciation, plus allows you to sign up for additional maintenance packages, which can reduce unexpected repair costs and administrative burden.
A van lease will also provide you with flexibility, allowing you to choose a lease duration and mileage to suit your needs.
Can New Drivers Lease A Van?
What Is The Difference Between New Van Leasing, Contract Hire, And Purchase Hire?
New van leasing and contract hire have their similarities; however, they have key differences.
With both, you will lease a van over a set period, whilst paying monthly instalments.
With a lease, you will have the option to pay a balloon payment at the end of the term, and then sell the van on behalf of the finance provider. You will receive a percentage of the sale proceeds. You can also choose to extend the term of the lease.
Contract hire comes with a fixed cost, fixed period loan that is linked to or secured on the purchase of a vehicle. At the end of the agreement, you’ll be able to pay an option to purchase fee, allowing you to take ownership of the van.
Can I Lease A Van As A Sole Trader Of A New Business?
What Happens At The End Of The Lease Term?
At the end of a lease term, you will have three main options: return the van, purchase it, or trade it in for a new model.
Before you return your vehicle, make sure to check the van for any major scratches, dents or excessive wear. Clean the van inside and out, and remove personal items, too.
How Does Van Leasing Work?
Van leasing is a long-term rental agreement where you pay a monthly fee to use a new van for a set lease period.
Can I Sign Write A Lease Van?
Company decals and liveries can be applied to vehicles under a finance lease and hire purchase finance, as you will own the van at the end of the lease period.
If you wish to apply decals to a van which is under a contract hire lease, you must ensure that the company decals are removed at the end of the lease. Failure to remove these decals will result in a charge.
Do You Provide Short-Term Van Leasing Agreements?
Here at Universal Vans, we offer flexible van leasing agreements, allowing you to choose an option that suits you best.
How Long Do Van Leasing Agreements Typically Last?
Van leasing agreements typically last between 2 and 5 years. Common terms include 24, 36 and 48 months. The period of your lease agreement will be key in determining your monthly payments, with longer leases typically resulting in lower monthly costs.
Can I Modify My Van?
A van which is under a finance lease or hire purchase finance can be modified in any way you wish, as you will own the van at the end of the lease period.
If your van is under a contract hire lease, modifications must be removed before the end of the lease period. Failure to remove these modifications will result in an additional charge at the end of the term.
Who Is Responsible For Van Repairs And Upkeep?
The manufacturer’s warranty will cover the cost of repairs resulting from faults which develop during the warranty period and are covered under the terms of the warranty.
You will also have the option to arrange a maintenance and service package alongside your van lease contract, reflected in your monthly payments.
Without a maintenance package, you will be responsible for general wear and tear, including tyres, brakes and servicing.
Are There Taxable Benefits Of Van Leasing?
If your business is VAT registered, you will have the option to reclaim VAT paid towards a commercial vehicle as a taxable benefit.
What Happens If I Miss A Payment On My Van Leasing Agreement?
Missed payments towards your van leasing agreement can result in extra interest charges. Failure to keep up with payments can also result in the van being repossessed by the lender.
Do We Offer A Maintenance Package?
We have access to a wide range of vehicle-related services, including service and maintenance packages.
What Happens If I Exceed The Agreed Mileage?
If you exceed the stated mileage as agreed in your lease contract, you may face excess mileage charges. It’s best to overestimate your mileage.
If you have predicted that your mileage is going to change, let us know as soon as possible.
Do I Have To Collect My Van?
We can deliver your van to you. We offer free, fast UK delivery so that you can enjoy your new vehicle right away.
Can You Deliver To My Address or Place Of Work?
Your vehicle can be delivered, free of charge, directly to a place of your choosing in mainland UK.
How Long Will It Take For My Vehicle To Be Delivered?
We offer fast UK delivery, so that you can enjoy your new van right away. We’ll make sure that you’re kept in the loop when it comes to delivery times, so that you know exactly when your van will arrive.
I’ve Ordered My Van, What Happens Now?
Once you have ordered your van, we will organise the delivery of your van within 2 weeks of it arriving with us.
What Happens At The End Of My Commercial Van Lease?
What Counts As ‘Fair Wear And Tear’?
Fair wear and tear will cover natural deterioration that occurs to your vehicle over time through reasonable, normal use. Damage is deterioration that happens as a result of a specific event, neglect, or misuse.
Will I Be Charged For Excessive Damage or Wear and Tear?
Excessive damage, beyond wear and tear, will incur a cost.
Can I Purchase The Van At The End Of My Lease?
If you wish to purchase your van at the end of your lease, some agreements may offer a purchase option.
We are always happy to meet new clients
Here at Universal Vans we specialise in supplying, financing and delivering new and used vans across the whole of the UK.
For all your personal or commercial van leasing deals contact us directly on 0117 369 2222.
Our address
Unit 7, Unity Court
Broadmead Lane
Keynsham
Bristol
BS31 1FU
Opening Hours
Monday to Friday: 08:30 – 17:30
Saturday: 10:00 – 13:00
Sunday: Appointment Only