Skip to main content
Sion Jones Commercials
5.0 Google Rating
Own the Van

Hire Purchase Vans

Spread the cost and own the van at the end. No mileage limits, no restrictions. Build an asset on your balance sheet while claiming capital allowances.

Get a Hire Purchase Quote 01656 502099

Term Length

24 - 60 months

Deposit

10 - 20%

Mileage

Unlimited

Ownership

Yours at the end

How It Works

Hire Purchase in 4 Steps

01

Choose Your Van

Pick your make, model, and spec. We source the best price through our manufacturer network.

02

Pay Your Deposit

Typically 10-20% of the van's value. A larger deposit means lower monthly payments.

03

Fixed Monthly Payments

Spread the remaining balance over 24-60 months. Fixed payments, easy to budget.

04

Own It Outright

After the final payment, the van is yours. No balloon, no hand-back — it's on your balance sheet.

Benefits

Why Choose Hire Purchase?

Full Ownership

The van is yours after the final payment. Sell it, trade it, keep it forever — your choice.

No Mileage Limits

Drive as many miles as you need. There are no mileage restrictions or excess charges.

Capital Allowances

Claim AIA (Annual Investment Allowance) and offset the full van cost against taxable profits.

Fixed Monthly Payments

Know exactly what you're paying every month. No variable rates, no surprises.

Build Business Assets

The van appears on your balance sheet — building the asset value of your business.

Modify Freely

Add livery, racking, accessories — it's going to be your van, so make it work for you.

FAQ

Hire Purchase Questions

What is hire purchase?
Hire purchase (HP) is a finance agreement where you pay a deposit followed by fixed monthly instalments. Once you make the final payment, you own the van outright. There are no mileage restrictions and you can modify the van as you wish.
How much deposit do I need?
Typically 10-20% of the van's value, though this can vary depending on the lender and your credit profile. A larger deposit reduces your monthly payments.
Can I claim capital allowances?
Yes. With hire purchase, the van is treated as your asset for tax purposes. You can claim capital allowances including the Annual Investment Allowance (AIA), which allows you to deduct the full cost from your taxable profits in the year of purchase.
Are there mileage limits?
No. Unlike contract hire and finance lease, hire purchase has no mileage restrictions whatsoever. Drive as many miles as you need.
Can I modify the van?
Yes. Since you will own the van, you are free to add livery, racking, accessories, or any modifications you need for your business.

Compare Finance Options

Contract Hire

Most popular, no balloon

Finance Lease

Lowest monthly cost

Outright Purchase

Best value, zero interest

Ready to Own Your Next Van?

Spread the cost, build your assets, and own the van outright. Get a no-obligation hire purchase quote today.

Get Your Quote Call 01656 502099

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

SJC Automotive Group