By spreading the cost into manageable monthly payments, van finance makes owning a van easier. Whether a reliable work vehicle, an adventuring camper van, or an everyday transporter, Zuto can help you find the best van finance deals for your needs.
Zuto is a credit broker, not a lender. Our rates start from 10.9% APR. The rate you are offered will depend on your individual circumstances. Representative Example: Borrowing £8,000 over 60 months with a representative APR of 19.7% the amount payable would be £204 a month, with a total cost of credit of £4,219 and a total amount payable of £12,219.
Van finance is a way to purchase a van without paying the full price upfront. Instead, you agree to a finance plan that splits the cost of the van, plus any interest, into regular monthly payments.
This option is popular with both individuals and businesses. For tradespeople, a van is often essential for day-to-day work, and finance allows them to secure a reliable vehicle without a large upfront expense. Adventure seekers may also use camper van finance to make the dream of a mobile home more attainable.
Key benefits of van finance:
When it comes to getting a van on finance, There are several options available to you and each type tailors to different needs. Here are the most common van finance options:
Hire Purchase is one of the most straightforward van finance options. You pay an initial deposit upfront followed by fixed monthly payments over an agreed term. At the end of the term, once all payments are made, you will own the van outright.
Learn more about HP car finance
PCP allows you to make lower monthly payments compared to HP because you’re only paying off the van’s depreciation during the agreement, as opposed to the whole value of the van. At the end of the term, you can choose to return the van, exchange it for another, or make a final balloon payment to own it.
Learn more about PCP car finance
With no deposit van finance, you don’t need to pay a lump sum upfront. Instead, the full cost of the van is spread over the monthly payments. This is ideal for those who want to minimise their initial costs.
Learn more about no deposit car finance
A personal loan is another option when purchasing a van. With this type of finance, you borrow the money from a lender (such as your bank) to pay for the van outright. You’ll then repay the lender in monthly instalments. Unlike HP or PCP, you will own the van from day one.
Learn more about getting a personal loan to finance your van
While both options allow you to spread the cost of a van, there are some key differences
| Finance features: | Hire purchase (HP) | Personal contract purchase (PCP) | Personal loan | |
|---|---|---|---|---|
| Requires initial deposit | Optional | Optional | ||
| Car is yours at the end of the agreement | Optional | |||
| Fixed monthly payments | ||||
| Avoid (final) balloon payment | ||||
| Avoid excess mileage charge | ||||
| Secured against an asset (e.g. a car) | ||||
| Support with vehicle issues | ||||
Van finance deals can provide more tailored repayment options, whereas a personal loan offers outright ownership but less support during the loan term.
Curious about how much van finance could cost you? Use our van finance calculator to get an instant estimate. Simply input your details to see your potential monthly payments.
Struggling with a poor credit score? At Zuto, we understand that life happens, and having bad credit doesn’t mean you should miss out on the opportunity to get the van you need. That’s why we specialise in bad credit van finance, helping individuals secure finance deals tailored to their circumstances.
We work with a wide panel of trusted lenders who consider applications from people with all types of credit histories. Our expert team takes the time to understand your situation, so we can find the most suitable finance options available — even if you’ve been turned down elsewhere.
Here’s why Zuto is the right choice for bad credit van finance:
Getting a van on finance with Zuto is simple. Follow these simple steps to get started with your van finance application.
At Zuto, we take the stress out of buying a van. Here’s why customers across the country trust us for their van finance needs:
Ready to find the right van finance deal? Get a quote today with no impact on your credit score.
You can finance almost any type of van, from small city vans like the Ford Transit Connect to larger models like the Mercedes-Benz Sprinter. This includes vehicles for business use, courier vans, and even camper vans for recreational purposes. Whether you’re looking for a brand-new van or a reliable used one, Zuto can help you find the perfect vehicle and financing deal.
Yes, Zuto specialises in helping people secure bad credit van finance. We work with a wide panel of lenders who are experienced in providing finance options for individuals with less-than-perfect credit histories. While the interest rate may vary based on your credit score, our team can help you find the best available deal tailored to your circumstances.
The amount you can borrow will depend on your personal financial situation, including your income, expenses, and credit history. Typically, lenders will consider the cost of the van and your ability to make repayments. Use our van finance calculator to get an idea of how much you might be eligible to borrow.
With a Hire Purchase contract (HP), you pay for the van in monthly instalments, and once all payments are made, you will own the vehicle outright. There’s no large payment at the end of the term.
Personal Contract Purchase (PCP) is similar to HP but with a balloon payment at the end. This final payment is usually larger and gives you the option to keep the van or return it. Personal Contract Purchase typically offers lower monthly payments compared to HP van finance.
Absolutely! Financing a used van is a popular option as these can be more affordable than financing new vans. Zuto works with lenders who accept both new and used vehicles, and we’ll even perform free history and vehicle checks to ensure the van meets our quality and reliability standards.
Van finance agreements typically last between 12 and 60 months, depending on your preferences and financial circumstances. Shorter terms often mean higher monthly payments but less interest overall, while longer terms can reduce monthly costs but increase the total interest paid.
Monthly payments are calculated based on the amount borrowed, the interest rate, and the length of the finance term. Additional factors, like deposit size or balloon payments, can also affect the calculation. Use our van finance calculator to estimate your payments quickly and easily.
Most van finance agreements allow you to settle early, either by paying off the remaining balance in full or through a partial early repayment. Some agreements may include an early settlement fee, but settling early can help you save on interest payments in the long run.
Not necessarily. While some finance options require a deposit, Zuto also offers no-deposit van finance, meaning you can spread the full cost of the van over the monthly payments without needing to pay anything upfront.
To apply for van finance, typically you will need:
Providing these documents helps lenders assess your eligibility and finalise the application quickly.
Find out more about van finance criteria and approval documents.
Yes, Zuto works with lenders who provide finance options for self-employed individuals. You’ll likely need to provide evidence of your income, such as tax returns or bank statements, to demonstrate your ability to make repayments.
The approval process is quick and efficient. Once you submit your online application, you can often receive a decision within minutes. Finalising the agreement and getting your van typically takes a few days, depending on the lender and dealer. But we aim to have you set up and on the road as quickly as possible.
A balloon payment is a larger, one-off payment made at the end of certain finance agreements, like PCP or lease purchase. This payment allows you to own the van outright. Choosing a balloon payment often reduces your monthly payments during the agreement.
Sometimes, yes. Mileage restrictions are common with PCP agreements and lease purchase plans. These limits are agreed upon at the start of the contract. Exceeding the mileage limit may result in additional charges, so it’s important to estimate your usage accurately.
Modifications may be allowed depending on the van finance agreement, but it’s essential to get approval from the lender first. Unauthorised modifications could breach the terms of your contract or affect the van’s resale value.
In the unfortunate event your van is stolen or written off, your insurance should cover the remaining value of the vehicle. However, if there’s a shortfall between the insurance payout and the amount owed on your finance agreement, you may need to cover the difference.
Find out more about what happens if your van is stolen or written off during the finance term.
No, van insurance is not included. You’ll need to arrange separate insurance to cover the vehicle, and comprehensive coverage is typically required as part of the finance agreement's terms and conditions.
If you’re after a quick refresher or you’re completely new to van finance, our glossary can help.
Find out everything you could need to know about financing a van.
Have a question about van finance? You'll find everything you need to know here.
