Choose wisely and you can make your money go further – choose unadvisedly and costs could soar. That’s why we offer a range of
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.
The new MAXUS School Minibus Finance Programme
We have a dedicated finance programme for the MAXUS School Minibus designed for maximum affordability and utter simplicity.
- Guaranteed finance for all state schools in the UK*
- Very high acceptance rate for other organisations
- Nothing to pay for six months
- Spread your payments with four easy annual instalments
- New MAXUS School Minibus models only
Click here to request further information.
*Commercial Vehicle Finance, in partnership with LDV Group Ltd, have an automatic finance agreement acceptance policy for state schools in the UK. For other applications, finance is subject to status. Guarantees and indemnities may be required. Business users only. Finance provided by Commercial Vehicle Finance Ltd, Northern Cross, Basing View, Basingstoke, Hampshire, RG12 4HL.
