Van Lease Purchase
Take ownership of the van with technically no deposit and write the van go down in one swift stroke. Lease Purchase and hire purchase are really the same product but lease purchase often has a balloon.
Lease Purchase Deposit
VAT upfront as a a minimum so this is favoured by a VAT registered business as it can be reclaimed. There are a few funders that will delay the VAT by up to three months.
A larger deposit can be placed by this method also
Lease Purchase Final Payments
A final payment is set in two ways and it really depends on the funder. Either a very large final payment based on the residual value of the van. This is mostly done by manufacturer finance companies and the mileage is often considered.
Or cheaper deals are often available