At Vanwise, our customers can benefit from a broad range of finance plans to own their commercial vehicle. If you are a business owner, you are likely to take out a Business Contract Hire plan (BCH), which is essentially a lease that requires manageable monthly payments.
Similar to a Personal Contract Purchase plan, a BCH plan requires a low initial deposit, followed by fixed monthly payments. The length of term on a BCH plan is negotiable, but it usually lasts for a period of one to four years. You can enjoy vehicle management included in the package, as well as road tax, and the option to include maintenance. At the end of the van lease, you can trade in the business fleet for an upgrade, or return the fleet and walk away.
The benefits of having a BCH plan are that you can enjoy the latest technologies and designs as you continue to renew your fleet. BCH plans are stress-free and flexible, so you can find one that suits your business and helps you to manage your cash flow. Repayments can also be made as a company expense with low emissions of less than 130g/km, and you can save on tax as you can claim back VAT.
Who this finance option is suitable for
Whether you opt for a small or large fleet, a BCH plan is a suitable option for businesses who are looking for flexibility and easy-to-manage payments.
When carrying out a BCH contract, you will be given a mileage allowance. This ensures that the value of the models does not depreciate more than expected. If the mileage is exceeded, then you will need to pay extra on returning your model with a price-per-mile set up.
We have many van models to choose from, featuring popular brands such as Ford, Citroën and Mercedes-Benz. Browse our pages now to see what you can find.
General Terms and Conditions
Please note you will not own the vehicle outright until all payments are made.
If you default on your finance payments, then the vehicle may be repossessed by the finance provider.
You must be 18 years or older to apply for finance.
Finance is not guaranteed, and any finance application is subject to a credit check and individual circumstances.
The finance provider will have their own Terms and Conditions, please contact them directly for further information.
Contact our team today for more information on our wide range of used vans and available finance options. Feel free to call or enquire online and our specialists will get back to you.