Choosing finance

Van lease, contract hire or purchase: What kind of finance is right for your company?

Planning the route to your perfect finance plan needs some basic preparation, and you’ll need reliable directions along the way.

With Volkswagen as your guide, you can be sure of finding a payment plan that works with the way you run your business, taking into account the deposit, your monthly budget and the length of the agreement.

Some plans offer significant tax-saving opportunities, so we strongly recommend that you talk to your tax advisor before making a final decision. Your first big choice is whether to hire a vehicle or buy one outright. Use our handy wizard below to see your options.

Please tap to select "YES" or "NO" for each question.

1

Do you want to eventually own your vehicle?

Yes

I want to buy a vehicle that’s right for the long-term future of my business

No

I’d prefer to drive the latest model every few years

Hire

Hiring: what’s right for me?

Does your business demand a new vehicle every few years? Or perhaps you just want to drive the latest model? Our hire agreements could give you just the flexibility you need. If it’s not important to own your vehicle at the end of the agreement, then the next step is to choose between Contract Hire and Finance Lease.

Contract Hire

  • Fixed monthly payments, so you can plan ahead
  • No lump sum at the end of the agreement
  • Change vehicles and drive the latest models
  • Add servicing and maintenance for full peace of mind

Our Contract Hire agreement could be perfect for you if you want to drive your Volkswagen without worrying about its future value or the hassle of eventually selling it.

We arrange a plan of fixed monthly rentals lasting from one year to five years. At the end of the contract you simply hand the vehicle back, subject to mileage and vehicle condition, and start a new agreement on a brand new Volkswagen.

So you can budget ahead for your vehicle’s set monthly costs, and you can add service, maintenance and tyre costs to your agreement. It may even be possible for your business to recover the VAT on these elements, too. We strongly recommend that you take independent tax advice to find the best financial option for you.

Subject to terms and conditions, including mileage and condition of vehicle.

Contract terms:

  • Repayments: between 12 to 60 months
  • Maximum mileage: 200,000 at end of contract
  • Minimum advance rentals: from as little as 1 monthly payment

Finance Lease (full payout)

  • No concerns about ownership
  • Opportunity to share in the sale proceeds at the end of the agreement
  • Choose from: full payout or balloon

Your monthly rental payments will be slightly higher than with the balloon option. There is no final rental payment, which means no risk for you and your business, and a share of the sale proceeds at the end of the contract.

Contract terms:

  • Repayments: from 12 to 60 months
  • Maximum mileage: 150,000 at end of contract
  • Minimum advance rentals: 1 month for new vehicles; 3 months for used vehicles

Finance Lease (balloon)

Our monthly rental payments will be lower than with full payout. You make a final rental payment, which is usually settled from the sale proceeds. The balloon agreement means more affordable monthly payments or a new vehicle more often. You may also receive a rebate of rentals from any excess sale proceeds or a part-exchange allowance agreed with your Van Centre.

Contract terms:

  • Repayments: from 12 to 48 months
  • Maximum mileage: 150,000 at end of contract
  • Minimum advance rentals: 1 month for new vehicles; 3 months for used vehicles

Buy

Buying: what’s right for me?

If you want to own a vehicle that’s right for the long-term future of your business, our purchase agreements could be the best option for you. You can choose between Hire Purchase or Lease Purchase.

Hire Purchase

  • Own the vehicle at the end of the agreement
  • Fixed repayments with no final balloon payment

Hire Purchase is a simple, affordable way to buy your vehicle. Simply agree the term and monthly repayments, and once you’ve made the last payment, the vehicle is all yours.^

Pay a deposit that suits your current cash flow, and repay the balance over a term chosen to meet your desired monthly budget.

^ Subject to payment of the option-to-purchase fee

Contract terms:

  • Repayments: between 12 to 60 months
  • No maximum mileage
  • Deposits from as little as 1 monthly payment
  • No final balloon payment at the end of the agreement

Lease Purchase

  • Own the vehicle at the end of the agreement
  • Reduce your monthly payments

Lease Purchase gives you lower monthly payments than Hire Purchase, by deferring a balloon payment to the end of the agreement. This is generally settled from the sale proceeds or part-exchange allowance agreed with your Van Centre. Lease Purchase is great for small businesses that want to keep control of their cash flow or change vehicles sooner. After you make the final balloon payment you own the vehicle outright.^

^ Subject to payment of the option-to-purchase fee

Contract terms:

  • Repayments: between 12 to 49 months
  • Maximum mileage: 200,000 at end of contract
  • Minimum advance rentals: from as little as 1 monthly payment

Finance offers

Current Offers

Business users only

Images shown are for illustrative purposes only and may show optional equipment.

Servicing Offer

Buy 2 Services for £199^ or 4 Services for £349^ for new vehicles financed through Volkswagen Commercial Vehicle Financial Services.

Regular servicing and maintenance will help you keep your vehicle operating at its best all the time. Purchase your new van through Volkswagen Commercial Vehicle Financial Services, and you can now benefit from great value offer on Pay Upfront servicing.

Buy 2 for £199^ and You'll get
1 Interim Service
1 Full Service

Buy 4 for £349^ and You’ll get
2 Interim Services
2 Full Services

See what's included in our service packages