VAN FINANCE DOESN'T NEED TO BE COMPLICATED.
At Hawkstone Commercials we work closely with a number of van finance providers to find you the best rates available. We compare a variety of van finance products to ensure you get the best deal when acquiring your new van. We have access to some of the leading van finance companies in the UK and will compare the market to find you the best deal.
Need more help? Visit our sister website - Hawkstone Motor Finance
Finance Lease ExplainedA lease is essentially a long-term rental agreement, offering exclusive use of a van for a set period at a fixed monthly price. As a business, this is the most cost efficient method of funding the vehicles as it takes advantage of the tax and vat regulations to reduce the whole life running cost of your vehicles and is supported by the buying power of the finance company, to assist in reducing the cost even further.
The greatest cost of running any new van is depreciation, and many new vans will lose more than half their initial value after the first three years of ownership. Leasing a van allows you to avoid any unexpected costs by offering a fixed monthly payment for the term of the lease.
At the end of the term you will usually find a balloon payment which is a portion of the cost of the vehicle and pre-determined at the start of the agreement based on your expected annual mileage.
For more information about a finance lease, please call our team on 01656 47 00 55.
Hire Purchase Explained
A simple way of financing that gives you the certainty of a fixed interest rate, and fixed monthly payments throughout the agreement. The initial deposit and repayment period can be structured to help meet your budget and the length of time you expect to keep the van.
After paying the initial deposit you make regular monthly payments to cover the amount borrowed plus any interest and fees. The interest rate is fixed which means you'll know exactly how much you will repay throughout the term of the agreement. Once all of the payments have been paid the van is yours.
Benefits include fixed monthly repayments, low deposit options, ownership of the van, no mileage restrictions and the ability to settle the agreement early.
For more information about a hire purchase, please call our team on 01656 47 00 55.