Van Financing Options

Elevate your business’s operational efficiency with our bespoke van financing solutions, exclusively designed for the UK’s diverse business landscape.

What is Finance Lease?

Finance Lease is a rental agreement which enables businesses to lease a vehicle with 100% tax efficiency. All rentals are offset against any turnover therefore reducing the amount of tax payable year on year.

During an agreement, you become the ‘lessee’ with the finance lender becoming the ‘lessor’. The ‘lessor’ will purchase the asset and lend it to the ‘lessee’ during the lease term.

There are many bonuses to Finance Lease, this plan offers flexibility to customers who may not have the funds to purchase a van or vans outright. It offers the luxury of fixed monthly payments, low up- front costs and tax advantages for eligible companies.

At Universal Vans we offer finance lease for personal and business vehicles, our team will work closely with you to find the best finance lease deal available that suits your budget.

The Easiest Way to Finance Vans

There are many bonuses to Finance Lease, this plan offers flexibility to customers who may not have the funds to purchase a van or vans outright. It offers the luxury of fixed monthly payments, low up-front costs and tax advantages for eligible companies.

The risks and rewards of the asset lie with you during the time of the agreement and once the rental payments which cover the assets original cost are completed, the lessor will have recouped its investment.

Once the contract has been fulfilled, the asset is either sold or a secondary lease period can be agreed with the provider.

Every Used Vehicle Comes With a 6 Month Warranty

At the end of the lease

What happens at the end of the primary finance lease period will vary and depends on the actual agreement but the following are possible options:

When the asset is sold, the customer may be given a rebate of rentals which equates to the majority of the sale proceeds (less the costs of disposal) as agreed in the lease contract.

If the asset is retained, the lease enters the secondary period. This may continue indefinitely and will come to an end when the lessor and lessee agree, or when the asset is sold.

The secondary rental may be much lower than the primary rental (a ‘peppercorn’ rental) or the lease may continue on a month by month basis at the same rental.

Can't Find What You're Looking For?

We’re here to help. We offer a free consultation service where our experts will guide you through the selection and financing process. Use our contact form or call us on:

0117 369 2222

Contract Hire

What is Contract Hire?

Contract Hire (CH) is one of the most popular ways of leasing a car or a commercial vehicle. Its main difference with Contract Hire agreements is that it applies to businesses, rather than private individuals.

At the start of the agreement, you pay a deposit – normally the equivalent of six, nine, or 12 monthly instalments – followed by a set payment each month.

We work with many businesses and customers across the whole of the United Kingdom and are able to offer New and Used Vans with a long term lease option (2-5 years).

At the end of the term, the vehicle goes back to the finance company and any damage must be fixed or you may well be billed for the damage at a retail cost.

If you go over your pre-agreed mileage allowance during your Contract Hire agreement, an Excess Mileage Charge will apply. This charge is calculated per mile and is detailed on your quote and order form.

What’s the difference between PCH and PCP?

With both PCH and PCP, you pay an initial sum followed by monthly payments.

PCH has some similarities with Personal Contract Purchase (PCP), another form of car finance.

But with PCH you’re only ever renting the vehicle, whereas with PCP you’re actually paying off the depreciation of the car.

The major difference, however, comes at the end of the agreement.

At the end of a PCH contract, you simply give the car back to the finance company.

With PCP, on the other hand, you’re given the option of taking ownership of the vehicle. You do this by paying what’s commonly known as a balloon payment.

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

Hire Purchase

How does Hire Purchase work?

Customers put down an initial deposit and then make monthly payments for a fixed period – typically two to five years. At the end of which they become the legal owner of the vehicle, once all payments and fees have been paid.

The more deposit you put down on a Hire Purchase deal, the lower your monthly payments are and vice-versa. With Hire Purchase, it may also be possible to become owner of the car earlier than agreed by making a lump-sum payment for the remainder of the loan.

What are the advantages of Hire Purchase?

Hire Purchase deals allow consumers/businesses to spread the cost of buying a vehicle rather than having to find all the cash upfront. The risk for a dealer or manufacturer in offering Hire Purchase is mitigated to some extent by the fact that they can repossess the vehicle if the borrower can no longer make their monthly repayments

Because the loan is secured against the car, this means that interest rates can be lower and that people with poor credit records have a better chance of being able to sign up for such a deal.

Unlike with PCP deals, Hire Purchase does not require a large final payment to be made to become owner of the car. And Hire Purchase agreements do not tend to impose annual mileage restrictions in the way that PCP or leasing deals do.

Are You Looking For a Finance Lease Deal?

We work with many businesses and customers across the whole of the United Kingdom and are able to offer New and Used Vans with a long term lease option (2-5 years).

We have a range of Small Vans, Medium Vans and Large vans available, depending on your preference and needs we will strive to find you the perfect van that matches your budget.

Are you a new business owner, a courier, a tradesman, a fleet manager or own a business and need a van to help with your daily operations? Look no further than Universal Vans for the best finance lease deal.

If you would like to speak to our team directly then please call us on 0117 369 2222 and we would be happy to help you find a new or used van. Or fill out our online contact form here and a team member will be in touch.

To learn more about our team and what we do, visit our about us page.

We are always happy to meet new clients

Our address

Universal Van Solutions Ltd
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

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