Guide

Finance Options

Find the best way to fund your next van with a clear, simple guide to every option.

Crusader Vans
Crusader Vans

Financing Your New Vehicle

Financing your new vehicle can be very confusing. Below you will find a brief overview of the differences between the main finance options. If you would like a more in-depth analysis of the options available to you please do not hesitate to contact us and one of our friendly team will go through Van Finance Explained!

Although we are able to make suggestions on suitable finance options, finance for business can be complicated and we strongly recommend consulting your accountant to see what is suitable for your requirements.

Contract Hire

Designed for businesses that want certainty over costs, this approach involves an initial rental followed by fixed monthly payments for a set period and mileage. At the end of the agreement the vehicle is returned to the finance company, with no need to worry about depreciation or resale. Maintenance can also be added to cover servicing, tyres and repairs, giving you greater control over your budget.

Find Out More

Finance Lease

Ideal for businesses that want flexibility, this option involves paying fixed monthly rentals over an agreed term without committing to ownership. At the end of the lease you can return the vehicle, extend the agreement, or arrange to sell it on behalf of the finance company. There are no mileage restrictions during the lease, and costs can be kept predictable with road tax and breakdown cover included.

Find Out More

Hire Purchase

If you are looking for a straightforward way to own a vehicle without paying the full cost upfront, hire purchase could be the answer. An initial deposit, at least the VAT, is followed by monthly repayments over 12 to 60 months, after which the vehicle is fully yours. VAT can often be reclaimed, the vehicle counts as a business asset and you can benefit from capital allowances.

Find Out More

Lease Purchase

Suited to those who want eventual ownership, this arrangement combines fixed monthly payments with a final balloon payment at the end of the contract. An initial deposit is usually required, often covering the VAT, after which you make regular instalments until the balance is cleared. Once all payments are made the vehicle is yours, giving you a valuable business asset with the benefit of spreading the cost.

Read More

We're Here to Help

Whatever you're looking for, we're just a phone call away. Our friendly, expert team is here to make the process simple, guide you through your options, and help you find the right solution — no pressure, just honest advice.

Contact Us
Back to top