Choose wisely and you can make your money go further – choose unadvisedly and costs could soar. That’s why LDV offers four
van finance options so you can choose the option that suits you.
Outright Purchase/Cash
Total flexibility; the customer retains fleet policy and has no contractual obligations to LDV.
Click here to see a summary on outright purchase
Van Finance Lease
This facility provides the customer with all the benefits of ownership with minimum deposit and maximum flexibility.
- Deposits are usually the equivalent of three rentals, but can be any amount whatsoever
- Repayment period normally up to 48 months
- VAT is paid monthly, then claimed as normal if VAT registered
- Rentals are 100% allowable against taxable profits
- Facility can have a balloon profile, which defers a payment to the end of the contract - thus reducing monthly rental and aiding cash flow
- Vehicle sold or part-exchanged at end of contract hirer benefits from 95% of sales proceeds (ex. VAT)
- Ideal for non-VAT registered business users looking for low initial deposit and maximum flexibility
- Periods up to 60 months
Click here to see a summary of finance lease.
Hire Purchase
If ownership is a priority, Hire Purchase is a cost-effective route to purchasing your new or used LDV:
- Flexible Repayment period – normally up to 60 months.
- Fixed Monthly Repayment aids your budgetary control and cash flow.
- Monthly repayments are VAT free
- VAT deposit reclaimable (VAT registered customers)
- All of the interest charges can be offset against taxable profits.
Click here to see a summary of hire purchase
Contract Hire
A comprehensive, fixed cost solution where use of your commercial vehicle is important, but without the responsibilities of ownership. Contract Hire is essentially an operating lease with a full maintenance package.
- Deposits are anything from 3 rentals upwards.
- Total budgetary control - fixed costs, as long as you stay within the mileage.
- Monthly repayments are subject to VAT – then claimed back if VAT registered.
- Rentals are 100% allowable against taxable profits.
- Fixed maintenance package to include all services, repairs, tyres, dependant on contract type.
- At the end of the contract, you simply hand the vehicle back.
- The vehicle is subjected to an inspection on return where any reconditioning costs are charged to you.
Click here to see a summary of contract hire. 
