Van Finance

Van Contract Hire

Van contract hire: fixed monthly rental, hand back at term end. Independent broker. Compare contract hire from multiple providers. No obligation enquiry.

Independent brokerWhole of marketNo obligation

Get Indicative Terms

Get indicative terms - free, no obligation

First name *

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Business name (if applicable)

Type of van - make, model, approximate year

New or used?

Finance type preference

Approximate van value or budget (£)

Preferred term

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Doulton Money Limited · FCA No. 814533 · No obligation enquiry

What happens next

Fill in the form. It takes about 2 minutes.
We'll email you back with any additional questions, then match you with the right specialist for your situation.
A specialist independent broker will contact you to discuss your situation and present options.

Contract hire is the simplest van funding option for businesses that want a predictable monthly cost and no residual value risk. You pay a fixed monthly rental, use the van for the agreed term and mileage, and hand it back at the end. No ownership, no depreciation risk, no large end-of-term settlement. It suits fleet operators and businesses that want to keep vehicles off their balance sheet.

How Van Contract Hire Works

Agree a term (typically 2–4 years) and annual mileage allowance
Fixed monthly rental throughout - no interest rate fluctuation
You are responsible for insurance and routine maintenance (unless a maintenance package is included)
Van is handed back at term end in fair condition within agreed mileage
Excess mileage charges apply if you exceed the agreed mileage
Damage beyond fair wear and tear may be charged at end of term

Get Indicative Terms 0204 6211776

FAQs

Frequently asked questions

What happens if I exceed my mileage on contract hire?

Excess mileage is charged at a pence-per-mile rate agreed at the start of the contract. For commercial vans this is typically 5–15p per mile depending on the vehicle and term. If you know you will exceed your mileage, it is usually cheaper to increase the annual allowance at the start.

Can I include maintenance in a contract hire deal?

Yes. Many contract hire providers offer a "fully maintained" option that includes servicing, tyres and sometimes MOTs. This simplifies fleet administration and fixes another variable cost.

Is contract hire better than hire purchase for a business?

It depends on your priorities. Contract hire gives lower monthly costs and no ownership risk. HP gives you ownership, no mileage restrictions and capital allowance benefits. We'll help you compare the total cost of each option for your specific van and usage.

Can I cancel a contract hire agreement early?

Early termination charges on contract hire can be significant - sometimes 50–100% of remaining payments. It is a long-term commitment. We'll make sure you understand the early exit terms before you sign.

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Doulton Money Limited t/a Doulton Bridging Finance. FCA No. 814533. Company No. 14303203. 20 Wenlock Road, London N1 7GU. Commercial vehicle finance is not regulated by the FCA. Finance subject to status and credit assessment.