Cheap Van Leasing Deals Under £250

There are many advantages to leasing a van, besides the tax incentives.

You get to drive a brand new, reliable commercial vehicle, potentially improving the visibility and reputation of your business. You get to set the length of your cheap van lease deal, as well as the size of your predicted annual mileage, helping you to enjoy fixed cost motoring. You avoid the expense of vehicle depreciation, you can free up capital to use in other projects, and all van lease contracts automatically come with your road tax paid and breakdown cover included.

While you enjoy low monthly payments in comparison to buying outright, when you lease a van, you don’t own the vehicle. You will be charged if you exceed the mileage limit stipulated in your contract. And you might also face additional charges if the van is returned in poor condition.

However, you can also choose a cheap Finance Lease package with Select Van Leasing. It differs from traditional Contract Hire in that you can pay a balloon settlement at the end of your contract in order to ultimately operate the vehicle.

Hit the ‘Enquire’ button on a deal you like the look of to receive a personalised Finance Lease quote.

Select Van Leasing is a proud member of the BVRLA (British Vehicle Rental and Leasing Association). And it’s the BVRLA which sets out ‘fair wear and tear’ guidelines for the industry. The rules for light commercial vehicles offer more leeway than with a cheap car lease, because it recognises that vans have to work harder for a living.

You may be able to return a cheap lease van with minor superficial damage, but heavier damage - such as to the interior door lining, bulkheads or interior wheel arches - will need to be repaired before you return the vehicle at the end of your contract.

Whether you’re buying or leasing a van, you’ll need to take out your own insurance policy. And with a cheap van lease you’ll need a fully comprehensive insurance policy, which covers you against damage to your van, damage to someone else’s vehicle, or against injury - regardless of who was at fault for the accident. 

The cheapest vans to lease are typically small or medium sized vans from manufacturers such as Nissan, Peugeot, Ford and Vauxhall.

While small vans are obviously more compact than larger commercial vehicles, you still have the flexibility of choosing a cheap van lease in a variety of wheelbases, heights and trim levels.

With a cheap van lease, the rough rule of thumb is that the shorter your contract and the lower your annual mileage, the more affordable your monthly leasing fee will be.

You can also increase the size of your ‘Initial Payment’, which is the amount you pay up front at the start of a lease contact. Unlike a traditional deposit, the Initial Payment is not something that’s returned to you at the end of your deal, but it does help to lower the cost of your fixed monthly fee.

If you have an accident in a leased van, you face roughly the same scenario as if you owned the vehicle. You need to contact your insurance provider as well as the lease company, whose accident management team will then ensure the vehicle goes to the right place to be repaired.

If the vehicle is written off, the person leasing the low cost van would be responsible for any shortfall in price difference between the insurance pay-out and how much is still owed to the finance provider. However, anyone can take out GAP (Guaranteed Asset Protection) Insurance to guard against negative equity issues.