Lendus.

Ambulance Finance

Spread the cost of ambulances from £55,000 to £95,000+ with flexible finance options. HP, lease, or refinance – compare rates from 40+ lenders.

Can you finance a ambulance?

Yes, ambulances are financed as a standard asset purchase, usually on hire purchase or a lease, with the machine itself acting as the security. UK prices typically run £55,000 to £95,000, and most deals are written over 24–72 months with a deposit of around 10–20%. Decisions typically take 24–48 hours. Used machines are financeable too, usually with a shorter term.

200+ UK lenders
2-minute application
No credit check to apply
FCA-regulated brokers

Typical Cost

£55k – £95k

Approval Speed

24–48 hours

Same-day for < £75k

Rates From

4.8% APR

What would a ambulance cost per month?

£75,000
10%
60 months
9%
£0

Your estimate

Indicative only. Not a quote and not an offer of finance.

Pre-filled with a typical ambulance price. Indicative only, not a quote.

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Finance options

Hire Purchase (HP)

Rate
From 5.2% APR
Term
24–72 months
Deposit
10–20%
Ownership
Yours at the end
Best for
Private ambulance and patient transport providers wanting to own the vehicle outright

Finance Lease

Rate
From 4.8% APR
Term
24–72 months
Deposit
None required
Ownership
Return, refinance the balloon, or buy at the end
Best for
Tax-efficient, covering the medical conversion as well as the base van

Contract Hire

Rate
From 5.6% APR
Term
24–60 months
Deposit
None required
Ownership
Return at the end
Best for
Providers wanting the fleet and its conversions kept modern under one agreement

Representative example

On a purchase price of £75,000: a 10% deposit of £7,500, then 48 monthly payments of £1,582 at 5.9% APR representative (fixed). Total amount payable £83,436, including the deposit. The rate you are offered depends on your business and the asset.

What buyers actually specify

Guide prices for sizing a finance agreement, not quotes. Manufacturers in this market mostly price on application, so where a current UK list price could not be confirmed the row describes a specification class rather than naming a model. Your supplier quote is what the agreement is written against.

Machine or specification Guide price Type
Ford Transit Ambulance/PTS Conversion £55,000 – £80,000 Patient Transport
Volkswagen Crafter Ambulance Conversion £62,000 – £90,000 A&E/Emergency Conversion
Iveco Daily Ambulance Conversion £58,000 – £85,000 Patient Transport
Mercedes-Benz Sprinter Ambulance Conversion £65,000 – £95,000 A&E/Emergency Conversion

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Tax benefits

The medical conversion, whether a patient transport fit-out or a fully equipped emergency conversion, is invoiced with the base vehicle and both qualify together as plant and machinery, so the full cost is normally deductible under the Annual Investment Allowance in year one, up to £1,000,000. VAT on hire purchase is generally due upfront on the combined invoice; finance lease and contract hire spread it across the rentals instead, which matters here given how significantly a conversion can add to the base van's price.

Market context

Ambulances outside the NHS fleet are bought by private ambulance and patient transport service providers, event medical cover companies, and care providers moving patients between appointments, care homes, or hospitals. Buyers typically finance the base van and its medical conversion together as a single asset, since the fit-out (stretcher mounts, oxygen supply, patient monitoring points) can cost as much as or more than the chassis itself. Replacement is often driven by the condition and compliance of the medical equipment and conversion as much as by vehicle mileage, particularly where the provider is registered with and inspected by a healthcare regulator.

Bad credit?

Several of our 200+ lenders specialise in businesses with imperfect credit histories. You may need a larger deposit or personal guarantee, but options exist. Checking your options here does not affect your credit score, because we do not run a credit search to match you. A lender will run their own checks only if you decide to apply.

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Frequently asked questions

Can I finance a used ambulance?
Yes. Most lenders will finance a used ambulance up to around 8 years old at the start of the agreement, and some will go older case by case. Rates on used equipment typically run 0.5–1% higher than new because residual values are less certain. The condition of the medical conversion, not just the base vehicle, is central to the valuation. An independent inspection or valuation is common for older or higher-value vehicles before the lender confirms terms.
What deposit do I need for ambulance finance?
For hire purchase, most lenders ask for 10–20% deposit. Finance lease and contract hire agreements often need no deposit at all, since the lender keeps an interest in the ambulance throughout the term. Putting down a larger deposit reduces your monthly payments and can unlock a better rate, but it isn't compulsory on most deals; it's a trade-off between cash flow today and the total cost of the agreement.
How quickly can I get ambulance finance approved?
Straightforward applications for a ambulance under £75k are commonly approved within 24–48 hours, and same-day decisions are possible once paperwork (bank statements, accounts, proof of ID) is in. Larger or more complex deals, multiple units, or first-time applicants without a strong trading history usually take longer, sometimes 5–7 working days, while the lender reviews the business case and, for higher-value assets, arranges an inspection.
Do I need to have been trading for a minimum period?
Most mainstream lenders look for 2+ years of trading history before offering standard rates and terms on ambulance finance. Newer businesses aren't automatically excluded, but they may be asked for a personal guarantee from a director, additional security, a higher deposit, or a shorter term to offset the extra risk. Start-ups sometimes do better going through a broker who can match them to a lender that specialises in newer businesses.
Does the finance provider need to know about CQC registration or similar?
Most lenders will ask what the ambulance is used for and, where relevant, whether your organisation is registered with the Care Quality Commission or equivalent regulator, since that affects both how the vehicle is used and how well the business is expected to perform financially. Being registered, or having an application in progress, generally supports an application rather than complicating it, as it demonstrates a legitimate, regulated operation rather than an informal one.

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