Mercedes-Benz Vans Finance Options.

Business Finance Options for Vans

Hedin Automotive London Ltd's lineup of quality New Mercedes-Benz Vans and Approved Used Mercedes-Benz Vans all come with competitive finance options for you to choose from.

Our range of finance and leasing solutions makes it simpler than ever for your business or fleet to take on a new Mercedes-Benz Van. From Hire Purchase to Personal Contract Plan - all the information you need is here.

Agility (Personal Contract Plan)

We offer a versatile financing approach for acquiring a vehicle over a specified period. Upon reaching the agreement's end, you have the freedom to choose from the following options:
• Procure another Mercedes-Benz model.
• Obtain ownership of your van by settling the Optional Purchase payment (balloon) along with an Option to Purchase Fee of £10.
• Return the vehicle to us.

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Hire Purchase for business

This product provides a simple pathway to ownership. It enables you to distribute the total ownership expenses of your Mercedes-Benz over a predetermined period.

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Operating Lease

An ideal solution for individuals seeking to enjoy driving one of our vehicles for a predetermined duration, featuring consistent monthly payments, all without the responsibilities of ownership. With this option, you enter into a lease agreement for a set period, paying a fixed monthly rental fee (subject to potential changes in VAT rate).

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Contract Hire

Contract Hire offers you the opportunity to experience the pleasure of driving a Mercedes-Benz without the obligations of ownership. Under this arrangement, you lease your vehicle for a predetermined period and pay a fixed monthly rental fee (subject to potential changes in VAT rate). This rental encompasses the cost of your vehicle's Vehicle Excise Duty (VED) throughout the duration of your agreement.

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Hire Purchase for business Frequently Asked Questions

What is Business Hire Purchase?

Business Hire Purchase is a financing option that allows businesses to acquire a Mercedes-Benz vehicle while spreading the cost over a fixed period. With this option, the business hires the vehicle with an agreed-upon deposit and then pays fixed monthly installments. Once all payments, including any interest, are made, ownership of the vehicle transfers to the business.

What are the benefits of Business Hire Purchase for businesses?

Business Hire Purchase offers several benefits for businesses, including predictable monthly payments, the ability to budget effectively, and the opportunity to own the vehicle outright at the end of the agreement. Additionally, the interest rates are typically fixed, providing stability and peace of mind throughout the term.

Is a deposit required for Business Hire Purchase?

Yes, typically a deposit is required for Business Hire Purchase agreements. The amount of the deposit may vary depending on factors such as the value of the vehicle and the specific terms of the agreement. It's advisable to discuss deposit options with the finance provider to find a solution that aligns with your business's financial situation.

Can VAT be reclaimed on Business Hire Purchase agreements?

Yes, in most cases, businesses can reclaim the VAT on the purchase price of the vehicle if it's solely used for business purposes. However, it's essential to consult with your tax advisor or accountant to ensure compliance with VAT regulations and to understand any specific conditions that may apply.

Contract Hire for business Frequently Asked Questions

What is Business Contract Hire?

Business Contract Hire is a popular financing option for businesses that allows them to lease Mercedes-Benz vehicles for a fixed period at a fixed monthly rental cost. Unlike ownership, the business does not take ownership of the vehicle, but rather pays for its use during the lease term. At the end of the agreement, the vehicle is returned, subject to mileage and condition terms.

What are the key advantages of Business Contract Hire for businesses?

Business Contract Hire offers several benefits for businesses, including predictable monthly payments, minimal initial outlay, and the ability to budget effectively without the financial commitment of ownership. Additionally, businesses can potentially benefit from VAT reclamation on the monthly rentals if the vehicle is used solely for business purposes.

Are there mileage restrictions with Business Contract Hire?

Yes, Business Contract Hire agreements typically come with mileage restrictions. Exceeding the agreed-upon mileage limit may incur excess mileage charges at the end of the lease term. It's essential for businesses to estimate their annual mileage accurately to avoid unexpected costs and penalties.

Can additional services be included in a Business Contract Hire agreement?

Yes, businesses can often opt to include additional services such as maintenance, servicing, and breakdown cover in their Business Contract Hire agreement for added convenience and peace of mind. These services can be bundled into the fixed monthly rental cost, providing businesses with a comprehensive vehicle management solution.

Found a finance path to suit your needs? View our range of selected Approved Used Mercedes-Benz Vans available to order today with your preferred finance option.

Got a Question?

Discuss our finance options further by contacting us.