How to get a Van Finance Deal

February 1st, 2022

If you’ve never leased a vehicle before, how to get a van on finance can seem complicated and intimidating. It’s the job of leasing companies and brokers to make the process simple and transparent.

We’ve written this so you have a quick guide to the process, and you can make sure you’re getting the best deal you can!

Finding a van leasing company:

The first thing you’ll need to consider is which van leasing company to use for your vehicle finance.

1. Make sure that they’re regulated by the FCA (Financial Conduct Authority) & the BVRLA (British Vehicle Rental and Leasing Association).
2. Choose a van leasing company with plenty of experience. A well-established company should have good industry connections.
3. Check they are offering a variety of finance deals
4. Do they deliver to you? Is delivery free, or are there charges?
5. Ensure the van leasing company you choose has a customer support or aftercare department. It’s useful to know who to get hold of if you happen to encounter any issues during the life of your vehicle.

Choosing a van:

Consider your business requirements. What do you need to carry? Are you looking for a certain load length? Or perhaps you have specialist requirements, e.g., a refrigerated cargo area?

Think about what you need from your van. Any leasing company worth their salt will be able to recommend vehicle options for you.

Finding a good van finance deal:

It’s important that you make sure you choose the right finance deal for you. Know what you need from your business van lease, and how much you’re able to pay upfront and monthly.

There are various financing options available when you’re looking for van finance. For a run down on Finance Lease, Contract Hire, and Hire Purchase – take a look at our Guide to Finance Deals here.

Having your van delivered:

Your leasing company will order your van for you and then liaise with both the van finance company and the dealer to arrange delivery.

Upon delivery you will check over the vehicle and sign for it, at which point you will be the registered keeper of the vehicle. Your job is then to drive your new vehicle! Just keep in mind any servicing schedule or excess damage/mileage charges set out in your finance agreement.

What happens at the end of your van finance deal?

Depending which finance deal you’ve chosen, you’ll have different options available to you at the end of your lease. We will contact our customers as their renewal date draws closer, this way we can chat through their options, and in many cases, order a new van!

If you’d like to read through the options available for each finance type, just read our short article here. Alternatively, Contact Us or call 01179625314 and speak to one of our van finance specialists.