Frequently Asked Questions
If you have a query about leasing a van, please have a read over the points below. If you don’t find what you are looking for, please give us a call and we will be happy to walk though any additional queries you have.
For most business or personal customers, the more popular forms of van finance are the following:
- Finance Lease
- Contract Hire
- Hire Purchase
- Personal Contract Purchase (PCP) – NOT AVAILABLE FOR COMMERCIAL VEHICLES
Not all commercial vehicles can be done on a personal finance agreement and you may find certain limitations on personal commercial finance. If you are not sure what contract best suits you or would like to know more, please contact one of our sales team.
Yes, all of our finance applications involve a credit check and are subject to credit approval.
Most funders we have on board require the credit score to be good in order to be accepted for finance. However, if you have been declined previously or you are worried that you might be denied the finance then please speak to our sales team regarding this and choose the best option for you. Depending on the information provided we may ask for the following:
- Last 3 months business or personal bank statements
- Any accounts or tax returns you can provide
If the finance is accepted on a business application, then the finance company might then ask for a director’s guarantee. A director’s guarantee is a personal guarantee meaning that if the company was unable to pay the debt, the director(s) would become liable to meet the obligations of this debt instead.
Maintenance is optional in our finance lease and contract hire agreements, this is an added payment to your monthly payments.
For info on what is included in a maintenance package please contact one of our sales team.
We can fit a wide range of optional extras. Please ask our sales team for a cost on any extra you need and we will do our best to assist with this.
Vinyl sign writing can be fitted on any agreement, however we do advise to remove the sign writing at the end of a contract hire agreement.
This is dependent on which agreement and finance provider you are with. However the v5’s registered keeper does not provide proof of ownership of the vehicle. Please speak to one of our sales team if you have any questions regarding this.
This is dependent on which agreement and finance provider you are with. However the v5’s registered keeper does not provide proof of ownership of the vehicle. Please speak to one of our sales team if you have any questions regarding this.
Please contact Vehicles4Business sales team and they will go through your options with you.
With most business and personal contracts we provide you will NOT own the vehicle at the end of the agreement. We do however provide certain finance agreements (Hire Purchase and PCP) where you can have the option to purchase the vehicle at the end.
Before proceeding with any finance application or quote please speak to our sales team regarding which option is the best for your circumstances.
No, our shortest term contract we provide is 24 months and we can arrange finance up to 60 months.
Yes, we can do a quotation without a deposit but this would be subject to approval with the funder if required.
On new vehicle sales the delivery will be free of charge to a mainland UK address or you are more than welcome to collect from our premises. On used vehicle sales there will be charge depending on your delivery address, but you may collect the vehicle for free from our premises.
Most new and used vehicles will be driven to the required mainland uk address. If required, we can arrange off shore deliveries as well but please speak to one of our sales team regarding this and they will be happy to help.
Yes, we are happy at Vehicles4Business to look at anything with wheels.
This depends on which contract you choose. If you choose a contract hire then the road tax is included for the duration of the contract. Finance lease will include the road tax for the first year, then it will be down to the customer or business to pay for the remaining years (however some finance companies will invoice you direct for the next year.) If you would like to discuss this in anymore detail please contact one of our team.
The business or individual are responsible for insuring the vehicle once the vehicle has been delivered. In some cases you may be required to provide an insurance cover note for the van prior to delivery.
Finance companies will require the policy to be fully comprehensive, the hirer who are obtained the finance must be the main policy holder or a named driver on the insurance certificate.
There is no excess mileage charge on a finance lease (none maintained contract) or hire purchase, excess mileage is always charged on a contract hire contract. We will advise what the excess mileage charge will be on your requested quotation.
Vehicles 4 Business Ltd is registered in England and Wales. Registered Number – 666886.
Registered Office and Trading Address: Unit 10 Peaks Place, Bolton, BL1 8AS.
Authorised and regulated by the Financial Conduct Authority.
Vehicles 4 Business Ltd are a credit broker not a lender.
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