Lendus.

Luton Van Finance

Spread the cost of Luton vans from £25,000 to £45,000+ with flexible finance options. HP, lease, or refinance – compare rates from 40+ lenders.

Can you finance a luton van?

Yes, luton vans 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 £25,000 to £45,000, and most deals are written over 12–60 months with a deposit of around 10–20%. Decisions typically take 24–48 hours. Used machines are financeable too, usually with a shorter term.

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Typical Cost

£25k – £45k

Approval Speed

24–48 hours

Same-day for < £50k

Rates From

4.8% APR

What would a luton van cost per month?

£33,000
10%
60 months
9%
£0

Your estimate

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

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

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Finance options

Hire Purchase (HP)

Rate
From 5.2% APR
Term
12–60 months
Deposit
10–20%
Ownership
Yours at the end
Best for
Removal firms and delivery businesses wanting to own the van outright

Finance Lease

Rate
From 4.8% APR
Term
12–60 months
Deposit
None required
Ownership
Return, refinance the balloon, or buy at the end
Best for
Tax-efficient, and can include the tail lift on the same agreement

Contract Hire

Rate
From 5.5% APR
Term
24–48 months
Deposit
None required
Ownership
Return at the end
Best for
Always driving a modern Luton without owning the resale or tail lift maintenance risk

Representative example

On a purchase price of £33,000: a 10% deposit of £3,300, then 48 monthly payments of £696 at 5.9% APR representative (fixed). Total amount payable £36,708, 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 Luton £30,000 – £42,000 Luton with Tail Lift
Mercedes-Benz Sprinter Luton £34,000 – £48,000 Luton with Tail Lift
Iveco Daily Luton £32,000 – £46,000 Luton with Tail Lift
Peugeot Boxer Luton £26,000 – £38,000 Luton Van

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Tax benefits

A Luton van, including a factory or dealer-fitted tail lift, qualifies for the Annual Investment Allowance, so the full invoice cost can normally be deducted from taxable profits in year one, up to £1,000,000. VAT on HP is generally due upfront; on finance lease or contract hire it's spread across the rentals and recovered as you pay. If the van is also used privately by an employee, a benefit-in-kind charge is likely to apply, so it's worth restricting private use in policy if the van is meant to be work-only.

Market context

Luton vans are the standard choice for removal companies, furniture and white goods delivery, and event or exhibition businesses that need maximum load volume on a 3.5-tonne chassis and a tail lift to load heavy or awkward items without a ramp. Because the over-cab box and tail lift both add weight, payload is tighter than on an equivalent box van, which is a common reason buyers upgrade to a 7.5-tonne alternative once volumes grow. Replacement decisions often centre on the tail lift's hydraulics and electrics as much as the chassis, since a failed tail lift can put the vehicle out of action for the work it was bought for.

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 luton van?
Yes. Most lenders will finance a used luton van 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. An independent inspection or valuation is common for older or higher-value vehicles before the lender confirms terms.
What deposit do I need for luton van 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 luton van 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 luton van finance approved?
Straightforward applications for a luton van under £50k 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 luton van 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.
Can the tail lift be included in the finance, or does it need separate cover?
If the tail lift is fitted before the van is invoiced to you, whether by the dealer or a bodybuilder, it's normally included in the same finance agreement as the van with no extra paperwork. Retro-fitting a tail lift to a van you already own or lease is a separate transaction, and some lenders will finance it on its own or as an addition to an existing agreement. Either way, check the tail lift's service and inspection requirements (LOLER thorough examination) are covered in your running costs, since they're a legal requirement, not optional.

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