VanInsurance Leasing In partnership with Vanaways

Contract Hire

Advantages

  • With a fixed monthly cost, contract hire makes budgeting easy. 
  • Flexible initial payments mean small initial outlay.
  • Low risk as it removes the uncertainty surrounding the future value.
  • If you’re VAT registered you can claim back 50% of the finance element and 100% on the service element.
  • Ability to run brand new vehicles, reducing potential issues and downtime.
  • Reduced fleet administration.

Disadvantages

  • The contract is for a fixed period; it can be expensive to terminate (usually 50% of the remaining rentals).
  • There is no option for the company to own the vehicle.
  • Based on a pre-determined annual mileage, going over mileage will mean you are charged an excess mileage charge. You are however able to change your contract should your circumstances change.
  • You must look after the vehicle and return it in a well maintained condition otherwise you will be charged for any damage over and above that stated in the ‘Fair Wear and Tear Guide’

Contract Hire is a simple and effective way to fund any number of vans. Contracts range from 24 to 60 months and are tailored to your requirements with bespoke initial payments and contracted mileages available.

With small initial rentals and fixed monthly costs, Contract Hire makes budgeting simple.

You have no risk on the residual value at the end of the contract, simply hand the van back and start again. Maintenance and recovery can also be included within the agreement.

Contract Hire is a simple and cost-effective way to fund any number of vehicles, not suitable for businesses that want to own the vehicle or use them in a manner that will cause large amounts of damage.

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Vanaways Reviews

   
Steve Brown

Steve Brown

22 May 2026

"From start to finish vanaways uk nailed it love my new van from Jack selling me it to Ellie looking after my every wish perfectly done am so pleased will definitely use them again"

Lisa Partington

Lisa Partington

29 May 2026

"We cannot fault the service we have received from everyone we have dealt with at Vanaways and will definitely by contacting you again when we come to replace our next vehicle……. On the whole, Customer service, these days, I have found to be quite disappointing and frustrating – I wish more companies showed the care and attention to detail that you guys have shown… you have restored my faith in Vehicle sales teams!! I would not hesitate in recommending you and wish all of our suppliers were are easy to deal with as you have been!! Thankyou especially to Shina and Sophie...."

Simon Grave

Simon Grave

18 July 2026

"An absolutely brilliant company to deal with. Every part of getting my new vehicle was easy. Great communication process and always kept updated at every stage. Big thank you to Jacob and also everyone else who I spoke to and can’t remember their names, all great to deal with. Thank you"

John Owens

John Owens

14 April 2026

"Fantastic service from start to finish. This is the second vehicle we have had from Liam.Liam took the time to listen to the vehicle that I wanted, sourced exactly what I wanted. Within 2 weeks the right vehicle was sourced and delivered Joe was amazing kept me up to date with the progress, the van was delivered this morning early. highly recommend these guys for vehicles Thank you both"

4.8 out of 5 from 509 reviews
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