Spread the cost of commercial vehicles from £15,000 to £150,000+ with flexible finance options. HP, lease, or refinance — compare rates from 40+ lenders.
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📊200+ lenders
🇬🇧UK-based advisors
Typical cost range
£15,000 – £150,000
Average: £45,000
Finance available
HP · Lease · Refinance
From 4.8% APR
Approval speed
24–48 hours
Same-day for < £50k
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Finance Options for Commercial Vehicles
Hire Purchase (HP)
RateFrom 5.2% APR
Term12–60 months
Deposit10–20%
OwnershipYours at the end
Best for: Businesses wanting to own the vehicle outright
Finance Lease
RateFrom 4.8% APR
Term12–60 months
DepositNone required
OwnershipReturn or buy (balloon payment)
Best for: Tax-efficient — claim 100% of payments against profit
Operating Lease
RateFrom 5.5% APR
Term24–48 months
DepositNone required
OwnershipReturn at end
Best for: Flexible fleet management. Off balance sheet.
Popular Commercial Vehicle Models & Costs
Ford Transit£30,000 – £50,000Large Van
Mercedes Sprinter 516£40,000 – £60,000Chassis Cab
Isuzu N75£35,000 – £55,000Light Truck
Renault Master£28,000 – £42,000Large Van
Tax Benefits of Commercial Vehicle Finance
Commercial vehicles qualify for Annual Investment Allowance (AIA), letting you deduct the full purchase cost from taxable profits in year one — up to £1,000,000. For HP, you claim capital allowances on the asset. For leases, the full payment is typically deductible from profits.
UK Commercial Vehicle Market
The UK light commercial vehicle market recorded over 356,000 new registrations in 2024. Electric commercial vehicles now account for 8% of new registrations. The average UK business fleet has 12 commercial vehicles.
Frequently Asked Questions
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