Van Finance & Leasing Options
We work with multiple lenders to find the best finance deal for your business. Whether you want to lease, hire purchase or buy outright — we'll find the right option for you.
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Finance Options
Which Finance Is Right for You?
Every business is different. We offer four flexible finance options so you can choose the one that works best for your cash flow, tax position, and long-term plans.
Contract Hire
Most PopularFixed monthly payments, no balloon payment. Hand the van back when the contract ends. Simple.
Contract hire is the UK's most popular form of van leasing for businesses. You agree a fixed monthly rental over a set period (typically 24-48 months) and an annual mileage allowance. At the end of the contract, you simply return the van — no depreciation worries, no selling hassle. For limited companies, 100% of the rentals can be offset against taxable profits.
Fixed monthly cost
No surprises — budget with confidence
No depreciation risk
The van's future value isn't your problem
VAT reclaimable
Reclaim 50-100% of VAT on rentals
Optional maintenance
Servicing, tyres & breakdown cover
Tax deductible
100% of rentals offset against profits
New van every 2-4 years
Always in the latest model
Quick Facts
Contract Length
24, 36 or 48 months
Initial Rental
3, 6 or 9 months upfront
Mileage
10k - 40k miles per year
VAT
50-100% reclaimable
Example
Ford Transit Custom from £299/mo +VAT
Finance Lease
VAT EfficientTax-efficient with flexibility at the end. Sell, re-finance, or keep renting at a reduced rate.
With a finance lease, you make fixed monthly payments over an agreed term. At the end, there's a balloon payment. You can then arrange for the van to be sold by a third party (with proceeds coming back to you), re-finance the balloon, or continue renting at a reduced "peppercorn" rate. All monthly rentals are fully tax deductible, and you can reclaim 100% of the VAT.
100% VAT reclaimable
On all rental payments
Flexible end-of-term
Sell, re-finance, or keep renting
Lower monthly payments
Thanks to balloon payment structure
Fully tax deductible
All rentals offset against profits
Benefit from residual value
Sale proceeds returned via agent
Off balance sheet
Keeps your accounts cleaner
Quick Facts
Contract Length
24, 36 or 48 months
Balloon Payment
Typically 20-40% of value
Mileage
Agreed at start of contract
VAT
100% reclaimable
Best For
VAT-registered businesses wanting lowest monthly cost
Hire Purchase
Own ItSpread the cost and own the van at the end. No mileage limits, no restrictions.
Hire purchase is ideal if you want to build an asset on your balance sheet. You pay a deposit (typically 10-20%), then fixed monthly instalments over your chosen term. There are no mileage restrictions, so you can use the van as much as you need. You can also claim capital allowances, including the Annual Investment Allowance (AIA).
Own the van at the end
Full ownership after final payment
No mileage restrictions
Drive as many miles as you need
Capital allowances
Claim AIA on purchase cost
Fixed monthly payments
Easy to budget and plan
Build business assets
Appears on your balance sheet
Modify freely
Livery, racking, accessories
Quick Facts
Term Length
24 - 60 months
Deposit
Typically 10-20%
Mileage
Unlimited — no restrictions
Ownership
Yours after final payment
Best For
Businesses wanting to own the van long-term
Outright Purchase
Best ValuePay upfront, no monthly costs, no interest. The van is yours from day one.
Pay the full price and the van is yours from day one. No finance charges, no monthly payments, no mileage limits. We source the very best price through our direct manufacturer relationships — often significantly below list price. Reclaim the VAT on the full purchase if you're VAT registered.
No interest charges
The cheapest way to get a van
Immediate ownership
Yours from the moment it arrives
No monthly commitments
Complete financial freedom
Best manufacturer pricing
We negotiate the best deal
Full VAT recovery
Reclaim VAT on full price
Sell or trade any time
No restrictions whatsoever
Quick Facts
Delivery
As fast as 7 days
Payment
One-off, upfront
Mileage
Unlimited — it's your van
Interest
Zero — no finance charges
Best For
Businesses with cash available wanting best value
Compare Options
Finance at a Glance
Not sure which option suits you? This detailed comparison covers everything you need to know.
| Feature | CHContract Hire | FLFinance Lease | HPHire Purchase | OPOutright Purchase |
|---|---|---|---|---|
| Fixed Monthly Payments | ||||
| Own the Van at the End | ||||
| No Balloon Payment | ||||
| VAT Reclaimable on Payments | ||||
| No Mileage Restrictions | ||||
| Maintenance Packages Available | ||||
| 100% Tax Deductible Rentals | ||||
| Appears on Balance Sheet | ||||
| Lowest Monthly Cost | ||||
| No Upfront Deposit Needed | ||||
| Flexible End-of-Term Options | ||||
| Capital Allowances Claimable | ||||
| Suits Sole Traders | ||||
| Suits Limited Companies | ||||
| Part Exchange Accepted |
Contract Hire
Best for businesses wanting fixed costs
Finance Lease
Best for VAT-registered businesses
Hire Purchase
Best if you want to own the van
Outright Purchase
Best overall value, no interest
Finance FAQs
Common Finance Questions
Can't find what you're looking for? Get in touch and our team will help.
We work with a wide panel of lenders, so we can often find finance for all credit profiles. Whether you have excellent credit, a few blips, or are a new business with limited history — we'll do our best to find a deal that works for you.
Yes. We arrange van finance for sole traders, partnerships, limited companies, and larger fleets. Sole traders may need to provide additional information such as proof of income or bank statements.
In most cases we can get a decision within 24 hours. For straightforward applications it can be as quick as a few hours. We'll keep you updated throughout the process.
This depends on the finance type. Contract hire typically requires an initial rental (usually 3 or 6 months upfront). Hire purchase usually requires a 10-20% deposit. We can tailor the deposit to suit your budget.
Yes, early termination is possible on most agreements, though settlement fees may apply. We'll always be transparent about the costs involved if you need to end early.
This depends on your finance type. With contract hire, you hand the van back. With hire purchase, you own it. With finance lease, you can sell (via an agent), re-finance, or continue at a reduced rate. We'll talk you through the options before you commit.
Yes, maintenance packages are available on contract hire agreements. These cover servicing, tyres, and breakdown cover for a fixed monthly fee — so you know exactly what your van costs each month with no surprises.
Absolutely. We accept part exchanges on all finance types. We'll give you a fair market valuation and put the value towards your new van, reducing your deposit or monthly payments.
Not Sure Which Finance Option Is Best?
Our team will talk you through the options and find the best deal for your business. No pressure, no jargon — just honest advice.
Sion Jones Commercials Ltd (Company No. 16680310) is not FCA registered and does not provide financial services. All finance enquiries are introduced to an FCA-authorised finance broker. Sion Jones Commercials Ltd holds no liability for any finance agreements entered into between the customer and the lender. Finance is subject to status. Terms and conditions apply. Initial Disclosure
