What is Van Lease Purchase?

You can lease a van with a lease purchase contract, where you pay an initial payment or deposit at the beginning of the arrangement and then will be required to pay monthly instalments until the full value of the vehicle is paid. It is essentially the same as van hire purchase, except you have the option of a balloon payment at the end of the period – this lowers the monthly cost but requires you to pay a lump sum at the end of the contract.



The initial payment or deposit can be any amount although a minimum of all the VAT on the purchase price must be paid – although the larger the deposit, the lower the amount you borrow. The repayment period is from 12 months up to 60 months.


Things To Know

Monthly repayments are VAT free as the VAT has already been paid. 100% of VAT deposit is reclaimable for VAT registered customers. 100% of interest charges can be offset against taxable profits. The vehicle is an asset on your balance sheet and benefits from writing down allowances. End of the contract period the vehicle is 100% owned by you once all payments have been made.

Van Lease Purchase Pro’s and Con’s


Simple Method Of Vehicle Finance


Vehicle Owned On Completion Of Payments


Capital Allowances Available


If VAT Registered, Vat Reclaimable In 1st Quarter


Lower Payments Due To Deferred Final Payment


On Balance Sheet Finance


You Retain The Residual Value Risk


Large Deposit


Inflexible End Of Term Options


Reserved For Commercial Transactions

Why Crusader Vans?

Crusader Vans have supplied over 8000 vehicles to customers nationwide, we also have developed strong relationships with some of the UK’s best-known manufacturers – meaning that you can take your vehicle most places for servicing and repairs.


We have an experienced dedicated team that will keep you up-to-date on any changes on legislation and best practices, we can supply you with a wide range of vehicles from panel vans, tippers, Luton vans and double cabs to refrigerated vehicles. At Crusader Vans you can be assured that your interests take priority to us so if you have any questions contact us at 01825 573 774 email: [email protected]

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