Is Hire Purchase (HP) known as something else?

Conditional Sale (CS) is very similar to HP, the main difference is that at the end of the agreement you need to make a purchase payment (generally very small) in order to take ownership, whereas with Conditional Sale, on the final monthly payment the van automatically becomes your property.

HP Van Finance

Our HP van finance solutions allow you to spread the cost of your van over several months, making it perfect for those on a budget or those who want to own their van outright.

Affordable, flexible, and tailored to your needs.

At We Finance Any Van, we’re all about making your daily life easier. Say goodbye to clunky vans and hefty upfront costs. With our Hire Purchase (HP) plans, you can secure a reliable, high-quality van without the financial strain of paying everything upfront.

Our accessible van finance options bring you closer to owning the van you want. Plus, our specialist lenders use a soft search tool to assess your fit, so there’s no risk to your credit score. With us, the process is smooth and straightforward.

Simply submit an online application and our friendly team will be in touch.

Haven’t found a van that ticks all your boxes? We have a wide range of new and used vehicles to choose from, including some big-name brands.

Find yours today!

What you can expect from our HP van finance service:

Fixed monthly payments
All applications considered
No mileage restrictions
No impact on your credit score
FCA-authorised van dealers
No deposit required
Comprehensive support throughout the process

Make van buying a breeze with our Hire Purchase van solutions – apply today.

Why choose us for HP van finance?

We put you first.

We Finance Any Van understands that van finance can be complex, especially for first-time buyers or those facing financial difficulties. Our expert team is here to simplify the process.

Personalised approach

We consider your individual situation when creating a Hire Purchase agreement, from selecting the van to tailoring a loan that suits your budget.

Tailored repayments

Adjust your repayment terms to fit your needs—whether you prefer higher payments for a shorter term or lower payments over a longer period. We’ll handle the details for you.

Experienced team

Whether this is your first time applying for finance or you’re experienced, our team offers specialised guidance and support to ensure a smooth process.

Find a finance solution that works for you today.

If you need a van but can’t afford to buy it outright, Hire Purchase might be the right choice.

Let’s face it, vans can be expensive. And with other financial commitments to think about, not everyone will have the means to pay for a van in full and all in one go – whether new or used.

That’s why more and more people are turning to Hire Purchase van finance.

As a more affordable and manageable solution, it will give you access to a van that you deserve without breaking the bank. So you can enjoy both the everyday convenience of owning a vehicle and financial peace of mind.

Key considerations:

Budget: Ensure the van you choose fits within your budget. Higher-end vans come with higher costs.
Credit Score: A good credit rating can improve your chances and terms. We review all applications, but financial stability helps.
Deposit: While not required, a deposit can reduce your monthly payments.

Hire Purchase: How does it all work?

There’s a lot of unnecessary faff when it comes to van finance. Our process is straightforward and designed with you in mind.

Find Your Van: Choose from our selection or visit local dealerships.
Submit an Application: Complete our quick online form.
Start Payments: Make fixed monthly payments until your agreement is fulfilled.
Enjoy Ownership: Once the term ends, the van is yours—no final lump sum needed.

Calculate your monthly payments here and stay on top of your finances.

Hire Purchase Van Finance

Straight forward van finance with the benefit of no mileage restrictions and you own the van at the end.

What is Hire Purchase van finance?

Hire Purchase (HP) van finance allows you to spread the cost of a van over several months with fixed payments. Terms typically range from 24 to 60 months.

What happens during the loan term?

During the loan term, the van is technically owned by the lender. However, you are free to use it for your daily activities, whether that’s running errands, transporting goods, or commuting.

What happens at the end of the agreement?

Once you’ve made all the payments and met the lender’s requirements, the van becomes fully yours.

What are the minimum and maximum payment periods for HP?

The payment period for HP typically ranges between 24 and 60 months.

Can I get out of my HP Agreement?

Yes, you can. Finance companies are required to allow early settlement. You can request a “settlement figure” (or redemption statement) from the finance company, and upon payment, you will own the van outright.

Is Hire Purchase (HP) known by another name?

Yes, Hire Purchase is sometimes called Conditional Sale (CS). The key difference is that with Conditional Sale, you must make a small final payment to own the van, whereas with HP, ownership is transferred to you automatically after the last payment.

Can I use "Voluntary Termination" under a Hire Purchase Contract?

Yes, you can. Voluntary Termination (VT) is an option if you’ve paid off more than half of what you owe at the start of the agreement. Provided you meet this condition, you can terminate the contract under the Credit Consumer Act 1974 and return the van.

Is HP a better choice than PCP van finance?

It depends on your needs. Hire Purchase (HP) is suitable for those who want to own their van outright eventually. Personal Contract Purchase (PCP), on the other hand, is ideal for those who prefer to switch vehicles frequently. PCP offers the option to return or part-exchange the van at the end of the term.

What about the monthly payments?

With HP, you pay the full cost of the van in fixed monthly payments. With PCP, you only pay for a portion of the van’s value, which can lower your monthly payments. If you decide to keep the van at the end of a PCP agreement, an additional final payment will be required.

Can I choose any van with a hire purchase agreement?

Generally, yes. You can choose from a broad range of vans, but specific terms and restrictions may vary by lender. There might be limitations on the van’s type, age, and mileage. It’s a good idea to discuss your options with your lender.

I have a bad credit history - can I still get approved for Hire Purchase?

Yes, you can. While a poor credit rating might affect your approval chances, Hire Purchase remains a viable option. Our experienced lenders are open to working with individuals who have less-than-perfect credit histories. At We Finance Any Van, we specialise in helping those with bad credit secure Hire Purchase finance.

If you have a low credit score or an incomplete credit history, our team is here to help you find the right finance solution for your needs.

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About Us

If you are looking for Van finance, you are in the right place!

We have years of experience in van finance, a very extensive lending panel & a team set up to get you the van you want at the best finance rate possible. If you have already found a van and just need the finance – great! If you need help finding a van then we are there for you as well – in fact, we have access to over 100,000 vans.

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