Van leasing no deposit

Zero deposit van leasing means you do not have to pay any amount upfront to get the van, just the 1st months rental. Zero deposit leasing is just like regular van contract hire with the benefit of having the van without any large upfront payment.

There are three main van leasing options van leasing companies offer, these include van business contract hire, which is the most popular type of leasing, then there’s van business finance lease and van hire purchase, whereby you have the option to own the van.

When leasing a van, you are the one responsible for insuring it, and also the one who’s supposed to pay for the cover. It is a condition of the lease agreement that the van stays insured all of the time and that there is no lapse in cover., even if you aren’t using it. This is because until the end of the agreement, you won’t own the vehicle and the funder wants to ensure its asset is secure. Leasing from Crusader Vans has many benefits such as fast and free delivery, road tax, and optional maintenance packages but insurance is not included in your monthly payments.

The best credit score you need to lease a van varies from finance company to finance company. But the minimum for most dealerships is between 620 and 680. If your credit score is above 680, then you will have more chance of getting an agreement from one of the top lenders. On the other hand, if your score is below 620, some funders may not accept you and additional funds may be needed to get to the monthly costs you require.

We have spent years and years building relationships with a whole range of different funders, who are happy to look at customers with all sorts of different credit situations.

Are you looking for a brand new van to transport your business goods but do not want to pay out a large amount of money upfront? Then leasing might be your best option. Van leasing is whereby you pay a monthly fee to drive a van depending on an agreement. Van leasing is similar to renting but for a longer period; you either pay a small initial payment at the beginning or go for no deposit leasing, and pay a monthly fee for the term of your lease. There are basically three main van leasing options offered by most companies, these include van business contract hire, van business finance lease and van hire purchase.

Van business finance lease is whereby you pay a monthly fee to drive a new van but you’re responsible for the van at the end of the contract and will be asked to dispose of the vehicle on behalf of the finance company, van business contract hire is leasing in its purest form and is simply long-term, fixed rental and van hire purchase is offered to individuals who want to own the van at the end of the agreement. The step-by-step process of leasing a van is as follows:

• 1. Choose your Van: Choose the van that best suits your needs, and don’t worry, because at Crusader Vans we have a wide variety of the latest models from small vans to large vans and fridge vans to tippers!
• 2. Choose your lease package: The next step involves choosing the type of lease you require, stating how long you would like to lease and also giving an estimate of how many miles you think you’ll drive over the time of your lease.
• 3. Provide your financial details: we will then require your financial details to pass on to the finance company where they will do a credit check to ensure you are able to afford the rentals. Enquiries will be made with credit reference agency’s and business and personal information may be requested.
• 4. Van Delivery: Once we’ve sorted all the required paperwork, your van will be delivered straight to your door or you can pick it up.
• 5. Enjoy the van for the length of your lease agreement: That’s all there is, you have the perfect transportation for your business. Take out one of our optional maintenance agreements for complete peace of mind and hassle-free driving!
• 6. Return the leased van: At the end of the lease, you can return the van and get a new one or extend!

This depends on the leasing contract, but you may be given the option to buy the vehicle at the end of the agreement although the finance company is under no obligation to do this so it is not classed as a ‘true’ option.

When leasing a van, you might have to spend around £250 per month. Prices can vary and start from as little as £162 + VAT PCM on our Vauxhall Combo Cargo and anywhere up to £399 + VAT PCM on a Transit Custom Limited Carlex Design. At Crusader Vans, we have all types of makes and models and are confident you will find exactly what you need at a price you can afford.

Leasing a van is the best option for medium to long-term usage. However, if you need the van for a very long time, then buying it is the best value for money.

All types of machinery used for business, including vans, are classed as a piece of capital equipment. Because of this, they fall under the governments Annual Investment Allowance for capital expenditure and 100% of the cost of the equipment can be written off against taxable profit, as long as it is used solely for business purposes.