Electric van finance
- Hire Purchase loans of £2,000 - £15,000
- Option to repay over 18 - 61 months
- Immediate decision on your approval
- Over 300,000 customers trust us with their vehicle finance
Representative 29.9% APR

Average Customer Rating

How does electric van finance work?
Our Hire Purchase loans are designed to offer an affordable way for you to get the electric van you need, on terms that suit you. With this type of finance, the loan is secured against the vehicle until it's been paid off. Here's how it works:
- You pay a deposit on the van and borrow the rest of the money from us through a Hire Purchase agreement.
- You make regular, fixed instalments - weekly or monthly - to pay off the finance.
- You are charged interest on these instalments, meaning you end up repaying more than you borrowed initially.
- Once your electric van finance agreement is paid off, the vehicle is legally yours
Just so you know... a deposit may not be required. It will depend on the cost of the van and your credit limit.

What are the benefits of this type of electric van finance?
Craig, our Head of Underwriting, is on hand to talk you through why Hire Purchase could be the most suitable option for you:
"One of the main advantages of Hire Purchase is that because of the fixed instalments, you know exactly how much you'll be paying every week or month. This makes it easier for you to plan with certainty, and there are no nasty balloon payments at the end of the term. We can offer electric van finance on a variety of makes and models, too. And it might be that we can lend to you without needing a deposit. In that case, you'll have more money to squirrel away, or to put towards other costs such as road tax and insurance."
How to apply
Our electric van finance application process is as simple as one, two, three!
Check your eligibility for electric van finance
Take a look at our fixed and flexible criteria, to see if you qualify for finance with us:
Fixed Criteria
- Aged 21+
- UK resident
Flexible Criteria
- 18 - 61 month terms
- No deposit required
- Age of the van
How much does electric van finance cost?
How much does electric van finance cost?
We can't give you a precise answer immediately, because it will all depend on how much you're borrowing and over what period of time. But, you can use our van finance calculator tool to get an idea of how much you agreement might cost overall. It's free, quick and simple, and there's no obligation to apply afterwards.
Ready to drive electric?
Check out your options and make the switch to electric with a quick, no-obligation quote.
Hire Purchase pros and cons
Not sure if a Hire Purchase agreement is the right way for you to go? We've laid out the positives and negatives to help you decide:
- Fixed interest rate
- Simple to arrange
- No deposit required
- Flexible terms (18 - 61 months)
- No annual mileage restrictions
- Fixed monthly (or weekly) repayments
- You own the van once the final payment's been made
- Customers are protected under the Consumer Rights Act (2015)
- Finance is subject to status
- You don't own the van until the final payment's been made
- The interest charged on your instalments means you pay back more than you borrowed
- The van's at risk of repossession if you don't keep up with repayments
- Not suitable if you plan on paying off your finance agreement within six months

Why choose First Response Finance for electric van finance in the UK?
We've been doing this for more than 20 years, so you can count on us as an auto finance provider you can trust. We take the time to get to know you, so that we can offer an agreement that suits your needs. And that's something our customers value, as you can see:
We're here to help you understand van finance...
Electric van finance FAQs
Apply for electric van finance today
We're a highly trusted, award-winning motor finance provider, and you can get a quick, free quote in a matter of moments.
This page was last reviewed in April 2025.
First Response Finance is a responsible vehicle finance lender, and all decisions are made in the best interests of the customer; based on credit scores, status, and income at the time of application. We'll never approve an application if we believe you might struggle with repayments.
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