Finance options explained
Business vehicle finance options designed to work with you
We know there are a lot of decisions to make when it comes to choosing the right vehicle for your business. Volkswagen Commercial Vehicles have a selection of vehicle finance options each designed to work with you, choose the best finance package for you with our simple guide. You can also check out our latest offers here.
Contract Hire
Essentially a straightforward rental agreement, Contract Hire is a popular choice thanks to its simplicity and lack of hassle. Find out more below.
Hire purchase
Hire Purchase is still one of the easiest ways to buy a vehicle outright and match the payments to your budget. See if it works for you.
Solutions PCP
Interested in a more flexible form of Hire Purchase with options to buy, return or upgrade? A Solutions Personal Contract Plan could work for you.
Finance Lease
Finance lease offers low monthly rental payments and even the opportunity to make some money back at the end by selling the vehicle. Here's how it works.
Lease Purchase
Lease Purchase is a purchase product suited to customers seeking long-term ownership, whilst looking to reduce their monthly repayments. Discover more below.
Compare vehicle finance options for your business
The table below enables you to compare the features of the different vehicle finance options side-by-side to find the right one for your business.
Solutions PCP | Hire Purchase | Lease Purchase | Contract Hire | Finance Lease | |
|---|---|---|---|---|---|
Term | 18-49 months | 12-60 months | 12-49 months | 12-48 months | 12-48 or 60 months |
Regular monthly payments | ✔ | ✔ | ✔ | ✔ | ✔ |
Final balloon payment | Maybe - depending on option taken at end of contract | ✖ | ✔ | ✖ | Maybe - depending on product type taken |
Possibility to own the vehicle | ✔ | ✔ | ✔ | ✖ | ✖ |
Options at the end of your agreement |
| Finish paying monthly instalments and keep vehicle. | 01 Pay optional final payment and keep vehicle. 02 Part exchange the vehicle for a new one and settle the final ‘balloon’ repayment | Finish paying monthly instalments and hand the vehicle back (subject to fair, wear and tear). No ownership option. |
|
Protected from unexpected depreciation | ✔ | ✖ | ✖ | ✔ | ✖ |
Service, Maintenance & Tyres included | ✖ | ✖ | ✖ | It can be included | ✖ |
Possible excess mileage or damage charges at the end | ✔ | ✖ | ✖ | ✔ | ✔ |
Charges to terminate contract early | ✔ | ✔ | ✔ | ✔ | ✔ |
Payments may be tax deductible for business customers | ✖ | ✖ | ✖ | ✔ | ✔ |
Term
Regular monthly payments
Final balloon payment
Possibility to own the vehicle
Options at the end of your agreement
Protected from unexpected depreciation
Service, Maintenance & Tyres included
Possible excess mileage or damage charges at the end
Charges to terminate contract early
Payments may be tax deductible for business customers
