Help & Advice

Will a finance company cover the VAT on a van purchase?

Hi, when purchasing a van on finance is it possible to have the VAT put on the finance or does it have to be paid as a deposit? Thanks

Dean


Answer

Hi Dean, thank you for your question. Unfortunately all van finance lenders will not finance the VAT on a van so that needs to be covered by yourself by way of cash deposit or part exchange. Do you have a deposit and is it a new or used van you're after? Regards, Rachel

Answer correct as of September 2016

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Best available rate
Total repayment
Total cost of credit

Best available rate

Total repayment

Total cost of credit

We compare products from 18 of the UK's top lenders to get you the best deal.

Hitatchi

Representative example. Excellent Credit

Borrowing £7,500 over 48 months with a representative APR of 16.8%, an annual interest rate of 16.8% and a deposit of £0.00, the amount payable would be: £211.25 a month, with a total cost of credit of £2,640 and a total amount payable of £10,140.

CarFinance 247 is a broker and not a lender