By leasing a van with Vansdirect, you’ll get to choose from a huge range of brand-new vans… and all for less than you think.
From small vans to large vans, electric vans to pick-up trucks, Luton vans to crew vans, financing a new van by leasing is not only a cost-effective and convenient way into driving a new van, it comes plenty of benefits too.
Put very simply, van leasing is an arrangement where you pay a fixed monthly fee while driving your new van.
You’ll pay an initial rental at the beginning of the leasing term before reverting to a fixed monthly fee for the term of your lease. You can adjust the size of the monthly payments depending on the length of your lease with longer terms reducing the monthly cost.
Once you have chosen the new van you want to lease, you’ll have the flexibility to calculate how much to pay each month balanced against the term of a rental agreement.
This is typically between two and five years, with a longer term a way of ensuring a more manageable and affordable monthly fee, while a shorter agreement will generally result in higher monthly rental payments.
Once you have paid an initial rental you’ll pay the fixed agreed amount each month thereafter.
At the end of the van leasing agreement, you will have two options: You can include a final balloon payment and then sell the vehicle on behalf of the finance provider, while receiving a percentage of the proceeds, or you can choose to continue using the vehicle by extending the lease term.
Van leasing opens the opportunity to drive a brand-new van of your choosing for a monthly fee. This monthly fee is tailored to what you are able to pay over a period that suits you.
A fixed monthly fee allows you to spread your payments over the term of your agreement. With no risk of encountering any unexpected tariffs, van leasing ensures you can budget your monthly outgoings with confidence. Better still, there are early repayment options should you wish to shorten the timeframe of your lease.
Monthly payments are an ideal way to ensure large sums of capital are retained to invest in your business rather in the full purchase of a new van
By leasing a new van, you won’t have to worry about submitting your vehicle for an MOT during the first three years of your agreement and have the reassurance of receiving full manufacturer warranty. Road tax is also included in the monthly payment you agree at the start of the lease.
You are legally required to sell the vehicle, with the proceeds of the sale used to cover a final balloon payment, or you can extend your lease. By selling the vehicle at the conclusion of your lease, the proceeds will cover the final balloon payment on your lease. If you sell the van for more than the cost of the balloon payment, you are eligible to receive 97.5% of the remaining proceeds. Alternatively, cover the balloon payment and make a secondary rental agreement to continue using your van for another 12 months.
If your business is VAT registered, you can reclaim all VAT paid on a commercial vehicle as a taxable benefit.
You won’t be charged extra should you exceed the mileage allowance you receive at the start of your lease, but it may affect the value of the van when it comes to paying the final balloon payment.
You won’t pay any costs for excess wear and tear sustained during your lease, but it may affect the value of the van when it comes to paying the final balloon payment.
Your insurance premiums may rise as you won’t legally own the vehicle during the period of your lease.
Lease a van with Vansdirect and you’ll receive:
For added peace of mind, Vansdirect’s guaranteed maintenance plans will keep your van driving as new through the duration of your lease and can be incorporated within your monthly fee.
Packages include 24-hour helpline assistance, breakdown assistance, tyre replacements, mechanical checks and warranty claim bookings.
Vansdirect also offers a range of optional extra services to make owning a van as satisfying as possible, including: