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Finance Lease is a flexible leasing option, much like Contract Hire it's based on a fixed contract period, set mileage and initial payment giving you a fixed monthly cost.
The vehicle is not returned to the funder though and needs to be sold to a third party at the end of the contract, this means there is no end of contract charges should the vehicle be damaged or over agreed mileage.
Most agreements have a final balloon payment due, this is set by the funder to be in line with the projected residual value, should the resale value be lower than the final payment due, you will be liable for the difference, should it be higher you will retain any profit.
A very popular way to lease commercial vehicles due to its flexibility and ability to negate end of contract charges associated with contract hire.
Sarah Ward
"We have used Vanaways on two occasions now and the customer service has always been great. I contacted them as our team grew and withing 2 weeks we had the vans in our yard. Quick and efficient service all round. Tyler in the delivery department kept me up to date throughout the process. Would certainly recommend."
Charlie B
"I recently bought a new Ranger Platinum from Vanaways. I dealt with Chris Baxter who helped make the whole process really straight forward and kept me up to date. I would highly recommend and look forward to further business! Many thanks"
Michael Orimogunje
"Vanaways is really great, from contacting them up to the delivery can't be smoother than it was. These guys are professionals and I believe the best in the industry. Thanks to Philip Jones, Ross Davies, Jihad Khan and one or two individuals I had contact with throughout the process. I recommend Vanaways and will use them again."
John Owens
"Fantastic service from start to finish. Liam took the time to listen to the vehicle that I wanted. Within 2 weeks the right vehicle was sourced and delivered Joe was on point with work out the logistics and taking care of my part ex with exception customer service Thank you both"
Stal
"Staff here are so courteous & helpful, genuine in how they talk rather than that dreaded ‘business speak’. Reception and offices are modern & relaxing to be in, very cool music in background too! Some place just give you the basics - but I found Vanaways completely charming throughout, really appreciated thank you."
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