Van leasing is a financial agreement between an individual or business and a leasing provider, that allows daily use of a vehicle for personal or business use over an agreed term. During the term of the agreement the individual or business pays a fixed monthly amount and the vehicle is returned back to the leasing provider at the end of the agreement.
As the van is effectively rented from the leasing company, the responsibility of the vehicle remains with the leasing company, so the downside of owning a van, such as road tax tax, depreciation and selling the van is of no concern to the user. Furthermore, a rolling service package can be included in to the monthly payments to cover all servicing, maintenance and breakdown costs. It's an ideal finance method for anyone looking for that all-inclusive van finance package to drive a new or nearly new van at a lower monthly cost.
Van leasing is the option of choice for many who hold an excellent credit rating. The key advantages are that the user gets to enjoy lower monthly payments for a new or nearly new van that can be changed every few years. Those who don't quite have an excellent credit rating can get a similar arrangement with a PCP finance deal.
Apply for Van Leasing today, and receive an instant decision.
Whether you want a van for personal use or for your business, van leasing provides an affordable solution for all budgets and requirements.
Apply Online Today for a no obligation quote.
Why choose Van Leasing?
Hassle free alternative to buying
Drive a newer van without the big upfront cost
Fixed monthly payments for easy budgeting
Tax deductible expenses for businesses
Optional maintenance cover can be included
Unlike other leasing providers, Creditplus offer van leasing finance on nearly new vans as well as brand new vans. Our customers often find this to be very cost effective because a superior model and better equipped van can be included for the same monthly cost.
Creditplus offer leasing deals for both individuals and businesses alike, with our highly competitive personal van leasing (known as Personal Contract Hire) or business van lease (Business Contract Hire) plans to choose from.
Apply for Van Leasing today, and receive an instant decision.
Step 1:
Click or tap on 'Get Started' to complete your details and apply (no impact on your credit profile), and get an immediate decision.
Step 2:
Once you have been approved, one of our experienced consultants will be in touch to discuss your finance options. Please note: we do not currently offer any van sourcing so you will need to find the van yourself and you would like finance for.
Step 3:
Receive your leasing finance package and get your van.
Personal Contract Hire (PCH)
PCH is designed for individuals looking to lease a van for personal use, over an agreed period. Your monthly payments are calculated based on the length of your contract and your annual mileage is agreed upfront. PCH offers a van leasing maintenance option, which covers breakdown, service and maintenance. At the end of the agreement you simply return the van to the lender, with nothing further owing (subject to excess mileage and return conditions).
Business Contract Hire (BCH)
With BCH you enjoy all the benefits of personal van leasing, with the added benefit of tax-deductible expenses. Whether you’re a limited company looking for company van leasing options for employees, or a sole trader looking for a single commercial vehicle lease, we can help you find the right finance solution to drive you and your business forward.
Apply Today to discuss your van leasing options.
You’re looking to finance a Ford Transit valued at £35,335 inc VAT. You opt for a 48-month vehicle leasing agreement with a 10,000 annual mileage limit. You make an initial payment of £1,071 inc VAT (equivalent to 3 monthly instalments), followed by 47 monthly payments of £357 inc VAT.
At the end of the contract, you return the van to the lender with nothing to pay, providing the van is returned in an acceptable condition, and you have not exceeded your mileage limit.
Apply Online Today for your free no-obligation quote.
Terms and conditions apply. Subject to status, application and credit acceptance.
You’re eligible if you’re aged between 18-75 years old and hold a full UK driving licence. Your acceptance for a van lease largely depends on your business or personal credit profile - you can Check Your Eligibility without affecting your credit score, it only takes a couple of minutes to complete and get an instant decision. Want to know more about eligibility? Visit our Eligibility FAQs.
Zero deposit van leasing is unusual and typically only available to businesses or individuals with an excellent credit rating. If you have a less-than-perfect credit score, lenders generally require a deposit equivalent to at least 3 monthly payments. With a deposit you’re paying more upfront, but it is an effective way to lowering your ongoing monthly payments.
A good or excellent credit score is usually required for commercial van leasing, but if you have a less-than-perfect credit score - don’t worry. Hire Purchase (HP) can be a great alternative and is usually more accepting to a wider range of credit profiles. With HP, your payments are still fixed and spread evenly over the contract period, but you have the additional benefit of having no mileage limits and owning the vehicle at the end.
Many VAT registered businesses do not realise that if you lease a vehicle exclusively for business purposes, you are able to claim back the total VAT on the monthly payment. If the van is also used as a private vehicle, you are still able to reclaim at least 50% of the VAT. We recommend you consult your accountant to explain the full tax implications of business contract hire (BCH).
Buying a van means getting a loan or paying for it outright. The benefit is that it belongs to you. But only when the loan is paid in full. When negotiating with cash, you are in a good position to haggle down the price and get a good deal. The downside is that it means all the depreciation, servicing and repair costs, are all yours. Leasing is different, it’s a fixed monthly cost that you spread over time and you have the option to include breakdown, service and maintenance. Lease Purchase gives you the option to own the vehicle at the end of the term, but with business contract hire you never own the vehicle.
Many VAT registered businesses do not realise that if you lease a vehicle exclusively for business purposes, you are able to claim back the total VAT on the monthly payment. If the van is also used as a private vehicle, you are still able to reclaim at least 50% of the VAT. We recommend you consult your accountant to explain the full tax implications of business contract hire.
Definitely. We help companies of all sizes, from a sole trader seeking a single vehicle, to a large corporate looking to lease an entire fleet. To discuss business van leasing in more detail, call us today on 0333 6000 290.
You’re eligible if you’re aged between 18-75 years old and hold a full UK driving licence. Your acceptance for a van lease largely depends on your business or personal credit profile - you can Check Your Eligibility without affecting your credit score, it only takes a couple of minutes to complete and get an instant decision. Want to know more about eligibility? Visit our Eligibility FAQs.
Zero deposit van leasing is unusual and typically only available to businesses or individuals with an excellent credit rating. If you have a less-than-perfect credit score, lenders generally require a deposit equivalent to at least 3 monthly payments. With a deposit you’re paying more upfront, but it is an effective way to lowering your ongoing monthly payments.
A good or excellent credit score is usually required for commercial van leasing, but if you have a less-than-perfect credit score - don’t worry. Hire Purchase (HP) can be a great alternative and is usually more accepting to a wider range of credit profiles. With HP, your payments are still fixed and spread evenly over the contract period, but you have the additional benefit of having no mileage limits and owning the vehicle at the end.
Many VAT registered businesses do not realise that if you lease a vehicle exclusively for business purposes, you are able to claim back the total VAT on the monthly payment. If the van is also used as a private vehicle, you are still able to reclaim at least 50% of the VAT. We recommend you consult your accountant to explain the full tax implications of business contract hire (BCH).
Buying a van means getting a loan or paying for it outright. The benefit is that it belongs to you. But only when the loan is paid in full. When negotiating with cash, you are in a good position to haggle down the price and get a good deal. The downside is that it means all the depreciation, servicing and repair costs, are all yours. Leasing is different, it’s a fixed monthly cost that you spread over time and you have the option to include breakdown, service and maintenance. Lease Purchase gives you the option to own the vehicle at the end of the term, but with business contract hire you never own the vehicle.
Many VAT registered businesses do not realise that if you lease a vehicle exclusively for business purposes, you are able to claim back the total VAT on the monthly payment. If the van is also used as a private vehicle, you are still able to reclaim at least 50% of the VAT. We recommend you consult your accountant to explain the full tax implications of business contract hire.
Definitely. We help companies of all sizes, from a sole trader seeking a single vehicle, to a large corporate looking to lease an entire fleet. To discuss business van leasing in more detail, call us today on 0333 6000 290.
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Jonathan Cross
Martin Dear
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