Frequently Asked Questions
Got questions about van leasing? Find answers to the most common queries below, or contact our experienced team for personal advice.
Leasing Basics
Van leasing is essentially a long-term rental agreement where you pay a fixed monthly amount to use a brand new van for a set period (typically 2-5 years) and agreed mileage. At the end of the contract, you simply return the van. It's popular because it offers fixed monthly costs, no depreciation risk, and access to newer, more reliable vehicles.
Contract Hire: You lease the van for a fixed period and mileage, then hand it back at the end. You never own the vehicle. VAT-registered businesses can reclaim 50% of VAT on rentals and 100% on maintenance.
Finance Lease: Similar monthly payments, but at the end you have options - sell the van and keep a portion of the proceeds, or extend the lease. Better suited for businesses wanting more flexibility or higher mileages. 100% of rentals can be offset against taxable profits.
Our team can advise which option best suits your business needs.
Lease Purchase (also known as Hire Purchase) is a way to finance a van where you pay monthly instalments and then a final balloon payment at the end, after which you own the vehicle outright. This is ideal if you want to eventually own your van but spread the cost over time.
Yes, we offer Personal Contract Hire (PCH) for individuals who want to lease a van for personal use. The main difference is that VAT is included in the quoted price (you can't reclaim it), and the contract is in your personal name rather than a business name.
Costs & Payments
Typically, you'll pay an initial rental of 3, 6, or 9 months' worth of your monthly payment upfront. A higher initial payment reduces your monthly costs. We can tailor quotes to your preferred deposit level - some deals are even available with just 1 month upfront.
Our business lease prices are shown plus VAT (as VAT-registered businesses can reclaim a portion). Personal lease prices include VAT. All our quotes clearly state whether VAT is included or excluded.
Your monthly lease payment covers the use of the vehicle and road tax for the contract duration. You'll need to arrange your own insurance and pay for fuel. Optional maintenance packages (covering servicing, tyres, and wear items) can be added to your lease for an additional monthly cost.
Yes! We're confident in our pricing and offer a price match guarantee. If you find a genuine like-for-like quote cheaper elsewhere, send us the details and we'll do our best to match or beat it. We work with multiple funders to secure the most competitive rates.
During Your Lease
If you exceed your contracted mileage, you'll be charged an excess mileage fee (pence per mile) when you return the van. These rates are agreed at the start of your contract. If you think you'll go over your mileage, contact us - it's usually cheaper to increase your mileage allowance during the contract than pay excess charges at the end.
When you return your leased van, it will be inspected against BVRLA Fair Wear and Tear guidelines. Normal usage marks are acceptable, but damage beyond reasonable wear (e.g., dents, scratches, interior damage) may incur charges. As a BVRLA member (Membership Number 1988), we follow their official guidelines. We can provide you with the Fair Wear and Tear guide so you know exactly what to expect.
Lease agreements are legally binding contracts, so ending early usually incurs termination charges. However, circumstances change and we understand that. If you need to end your lease early, contact us and we'll work with the funder to find the best solution for your situation.
Delivery & Collection
Yes! We offer free delivery to anywhere in mainland UK. Your new van will be delivered directly to your home or business address at a time that suits you.
Delivery times vary depending on whether the van is in stock or needs to be ordered from the manufacturer. In-stock vehicles can be delivered within 1-2 weeks of credit approval. Factory orders typically take 8-16 weeks, sometimes longer depending on the manufacturer and specification. We'll always give you an accurate estimated delivery date with your quote.
At the end of your Contract Hire agreement, the van is collected from your premises free of charge. It will be inspected against Fair Wear and Tear guidelines. Many customers choose to order their next van from us before the current lease ends to ensure seamless continuity.
About Vehicles 2 Lease
V2L Limited is a credit broker, not a lender. We work with a panel of funders and manufacturers to find you the best deal on your van lease. All our new vehicles are sourced from UK main dealers and come with full manufacturer's warranty. We're authorised and regulated by the Financial Conduct Authority (FCA Reference: 659121).
Vehicles 2 Lease was established in 2008 and has grown to become one of the leading suppliers of commercial vehicles in the UK. As a family-run business, customer care remains at the heart of everything we do. We're proud members of the BVRLA (British Vehicle Rental and Leasing Association) with Membership Number 1988.
Our office is located at Fernhill Depot, Todd Street, Bury, BL9 5BJ. We serve customers throughout the UK with free nationwide delivery.
Still Have Questions?
Our experienced team have REAL commercial vehicle knowledge and are happy to help
Monday – Friday: 8:30am – 5:00pm