Financing Options

Only vans have negotiated with the top commercial vehicle finance companies and are delighted to offer the following options:

View Finance Examples Online

Use our online calculator to enter a finance amount and view example lease purchase
and hire purchase monthly payments and deposits.

Lease Purchase

A lease purchase arrangement allows you to own a new vehicle with small deposits and flexible monthly payments.

Benefits / Details

  • Deposits are usually 3 monthly rental amounts, but can be any amount you wish
  • VAT is added to payments then claimed back through standard VAT cycle
  • All payments are 100% allowable against taxable profits
  • Repayment periods are flexible up to 60 months
  • Agreements can utilise a final balloon payment to defer large payments to the end of the agreed period
  • No limited mileage clauses
  • Van sold or exchanged upon completion of the agreed period, you receive 95% of sales proceeds

Hire Purchase

This is a simple method of purchasing a new van with fixed monthly repayments.

Benefits / Details

  • Small initial deposits, VAT is the minimum deposit allowable, any amount above this is also acceptable
  • Monthly payments are VAT free
  • VAT deposits are reclaimable
  • Interest charges are offset against taxable profits
  • Repayment periods are flexible up to 60 months
  • Ownership of vehicle is passed over to you upon completion of the agreement
  • New vehicle is a company asset and can benefit your balance sheet from writing down allowances

View Finance Examples

Use our online calculator to enter a finance amount and view example lease purchase
and hire purchase monthly payments and deposits.

 

Our Complaints Procedure

If you are unhappy with any aspect of our service you can see our indepth complaints procedure here: Only Vans Finance Complaints Procedure

We accept all major debit / credit cards

© 2016 Only Vans Ltd - Holly House, Melton Bottom, North Ferriby, Hull, East Yorkshire, HU14 3HU
Tel: 01482 633 112 - Email: sales@onlyvans.co.uk

Company Number: 6376155 | VAT Number: 248 0256 12