Van Finance
In Worksop, Nottinghamshire
At Automotives in Worksop, Nottinghamshire, we understand that buying a used van outright isn’t always the most practical option. That’s why we offer a range of flexible finance options to help you spread the cost of your next van in a way that suits your budget. As a family-run, FCA-approved van dealer and garage, we’re committed to making the vehicle buying process as straightforward and transparent as possible – and that includes your finance package.
Whether you’re a sole trader, small business, or private buyer, our knowledgeable team is on hand to guide you through the process of securing affordable van finance, with clear information, no pressure, and competitive terms.
Finance Options Made Simple
We work with a limited number of carefully selected finance providers, each authorised and regulated to deliver safe, responsible lending. Our panel of lenders allows us to offer tailored finance solutions that meet a range of credit profiles and financial circumstances.
Popular finance options include:
- Hire Purchase (HP) – Fixed monthly payments with ownership at the end
- Personal Contract Purchase (PCP) – Lower monthly payments with flexibility at the end of term
- Business van finance – Tailored solutions for sole traders, partnerships, and limited companies
You can choose the right finance term and deposit to suit your cash flow and operational needs, with clear terms and no hidden fees.
Commission Disclosure Statement
In the spirit of full transparency, we want you to understand how we are remunerated when introducing you to a lender. Typically, lenders may pay us a commission for the introduction, which is usually calculated as a percentage of the amount you borrow. The amount of commission can vary depending on the lender, but it does not affect the total amount you pay under the finance agreement. All rates, fees, and repayments are determined by the lender directly.
Some lenders may also provide financial support to our business, such as marketing assistance or staff training, but again, this has no impact on the finance terms you are offered as a customer.
Why Finance Your Next Van with Automotives?
Choosing to finance your next van with Automotives in Worksop comes with a number of advantages:
- FCA authorised and regulated – for your peace of mind
- Friendly, knowledgeable staff to guide you through the process
- Flexible repayment terms tailored to your needs
- A range of trusted lenders with competitive van finance rates
- No impact on your finance terms from any commission we receive
- Quick and straightforward application process
- Full transparency with no hidden charges
We’re here to support you throughout the entire journey, from selecting your van to finalising the finance agreement, and beyond.
Apply for Van Finance Today
At Automotives, we aim to make the process of financing your used van simple, safe, and stress-free. You can apply for van finance online via our secure application form or visit us in person at our garage in Worksop, Nottinghamshire to speak with our finance specialists.
Let us help you drive away in the right van – with a finance plan that works for you.
Hire Purchase (HP)
A simple way of financing that gives you the certainty of a fixed interest rate, and fixed monthly payments throughout the agreement. The initial deposit and repayment period can be structured to help meet your budget and the length of time you expect to keep the car. You can trade-in your existing car and put this towards the initial deposit, or if you wish, just put down a cash deposit.
After paying the initial deposit you make regular monthly payments to cover the amount borrowed plus any interest and fees
The interest rate is fixed which means you'll know exactly how much you will repay throughout the term of the agreement
Once all of the payments have been paid the car is yours
Features and Benefits
- Fixed monthly repayments
- Low Deposit
- Ownership of Car
- Budget with confidence
- Freedom, no mileage restrictions
- Ability to settle the loan early
Personal Contract Purchase (PCP)
Similar to a Hire Purchase agreement but with additional flexibility since part of the cost is deferred until the end of the agreement which may give you the benefit of lower monthly payments. The deferred amount is known as the Guaranteed Future Value (GFV) sometimes known as Optional Final Payment.
What happens next?
At the end of your PCP agreement, you then have a number of options.
- Option 1 - Part-exchange your vehicle-use any equity above the Guaranteed Minimum Future Value as an initial deposit on your next purchase.
- Option 2 - Keep your vehicle-simply pay the Guaranteed Minimum Future Value to retain ownership.
- Option 3 - Refinance the final balloon payment.
- Option 4 - Return your vehicle and have nothing further to pay, subject to vehicle condition and within the agreed mileage terms. (Subject to terms and conditions).
Features and Benefits
- Flexible deposit
- Low fixed monthly payments
- The choice at the end of the agreement
- No need to worry about depreciation
- Potential lower payments than a standard HP agreement or Conditional Sale