Electric van finance

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:

1. You pay a deposit on the van and borrow the rest of the money from us through a Hire Purchase agreement. 
2. You make regular, fixed instalments - weekly or monthly - to pay off the finance. 
3. You are charged interest on these instalments, meaning you end up repaying more than you borrowed initially. 
4. 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.  

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."

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:

• 98% would recommend us to their friends and family
• We've been voted the UK's No.1 motor finance lender on Review Centre
• We've earned Feefo's Platinum Trusted Service Award five times in the last six years
• We've approved more than 200,000 customers for finance