£ + VAT
The full deposit will be drawn from your bank via direct debit within 7 days of signing the finance agreement or if you prefer by bank transfer prior to delivery.
Finance Admin Fee:
A.P.R %
£200.00
+ VAT
The finance company charges a £200 administration fee. This is paid with the deposit or separately via direct debit 7-10 days after the agreement is signed.
Contract Lengths - Months
The Longer the contract term the lower the monthly payment. The van will depreciate more in the early years so its cost effective to keep the van 3-5 years subject to the milage you do! If you’re not sure how long you want to keep the van you can add a year, you don’t have to keep the van the full term simply trade in or settle early as required.
Annual Mileage
Selecting the correct mileage is important as this dictates the end of term balloon payment. If you underestimate the mileage, you could find you owe more than the van is worth.
Final Balloon Payment
You have the option not to have a balloon payment (this is known as Full Pay Out Lease) at the end of the agreement you retain 97.5% of the vehicles value.
(More Info)
Initial Deposit
The initial deposit is 3-12 monthly payment or pay a set amount by selecting CASH DEPOSIT. The maximum deposit is 50% of the sale price.
You have the option to remove or reduce the final balloon payment. Tick ‘Modify balloon payments’ then adjust the slider. A lower balloon payment will increase the monthly payments but reduces interest charges. The lower balloon payment means you could change the van early or have more equity at the end of the term.