Question 1

Who can lease a van or pickup truck?

Accepted Answer

To be eligible to lease a van or pickup truck you need to be at least 18 years old, hold a full UK driving licence and pass the appropriate credit checks.

Question 2

How does van and pickup truck leasing work?

Accepted Answer

Van and pickup truck leasing works a bit like a long-term rental, giving you exclusive access to drive a new van or pick-up truck for a set period, in exchange for fixed monthly payments. You will also need to cover an initial rental payment upfront, which may be the equivalent of 1 to 12 monthly payments.
The important thing to know about leasing is that you don't own the vehicle and will be required to return it. You may be able to extend your lease or have the option to lease a brand-new van or pickup truck, but you will not have the option to buy the vehicle you are leasing.

Question 3

What happens at the end of a lease agreement?

Accepted Answer

At the end of your lease, you must hand the vehicle back to the leasing company. At the time of collecting the vehicle, the leasing company will check the van is within the agreed mileage limits and inspect it to ensure it is not damaged. Don't worry, they don't expect it to be in perfect condition – general wear and tear won't result in any additional costs.
Be sure to perform a thorough check of the vehicle before it's due to be returned so you have enough time to make any repairs outside of fair wear and tear. Any damage outside of fair wear and tear could result in you being charged additional fees. In addition, any excess mileage could result in additional costs.

Question 4

What kind of credit score do you need to lease?

Accepted Answer

As a lease is a financial agreement, you will need to have a good credit score to get approved. Before applying, it would be worth checking your credit score. If you have any doubts, feel free to speak to our team on 0330 303 9055 and they can support you before making an application.

Question 5

Do I need to arrange insurance?

Accepted Answer

Very few lease contracts include insurance, so you'll need to arrange this yourself. When leasing, you will need to take out fully comprehensive insurance on your vehicle for the duration of the contract.
When you take out an insurance policy, you'll need to let the insurance provider know that it's for a lease van and share the terms of the lease, alongside the name of the vehicle's 'registered owner' (normally the lease company) and the names of any additional drivers. You may also want to consider 'gap insurance'. Gap insurance protects against any difference there might be between the insurance company pay-out if your vehicle is written off and the amount left to pay on your lease.

Question 6

Is there a charge for exceeding your annual mileage?

Accepted Answer

If you exceed your annual mileage, you may need to pay an additional charge. Typically, this is a few extra pence for each mile you go over your agreed-upon limit, depending on the terms of your agreement.
It's often possible to extend your mileage allowance part-way through your lease, so if you think you may exceed your contractual limit, speak to your leasing company to find out if you could avoid unexpected excess mileage fees at the end of your contract.

Question 7

What's the difference between personal and business leasing?

Accepted Answer

Business leasing (otherwise known as Business Contract Hire or BCH) operates similarly to Personal Contract Hire, with the distinction being that you lease the vehicle on behalf of your company rather than for personal use.
To qualify for a business lease, the agreement must be with a VAT registered company, and the vehicle can be used by employees for both personal and business purposes. As a result of business leases only being available to VAT registered companies, the cost often works out significantly cheaper than Personal leasing as the company can claim the VAT back. This is why all our business lease prices are quoted excluding VAT.

Question 8

What are the pros and cons of leasing?

Accepted Answer

Leasing is a popular way to get a new van or pickup truck, but you need to make sure it's right for you. Here are some advantages and disadvantages to keep in mind when making your decision.
Pros:

The initial payment is usually low.
You'll typically incur lower monthly payments versus other forms of finance (e.g. Personal Contract Purchase, Hire Purchase).
The lease payments include road tax and the manufacturer's warranty will often last for most of your lease.
You don't have to worry about the van's depreciation.

Cons:

You'll never own the vehicle.
You'll face penalties for excess mileage or damage outside of 'fair wear and tear.'
Most contracts include fees for terminating your lease early.
You may have to pay more for specific colours or trim levels.

Question 9

How does Autotrader make money from leasing?

Accepted Answer

Autotrader owns a vehicle leasing broker, Vanarama. As a regulated broker, Vanarama works with a selected group of funding partners to find you the best lease deal. Vanarama has different commission arrangements in place with their panel of funders which vary according to the volume of business transacted and them maintaining high levels of customer service. This is reflected in the monthly lease rate that you pay for your vehicle.

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Looking for something specific?

Filter by options

Peugeot Expert

Peugeot Partner

Volkswagen ID. Buzz Cargo

Ford Transit Custom

Peugeot Boxer

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Ford Transit Custom

Peugeot Expert

Ford Ranger

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Need help or have a question?

Leasing with Autotrader

Find your deal

Order your lease vehicle

Get your free delivery

Van And Pick-up Truck Leasing FAQs

Van Leasing Fair Wear And Tear

What Happens At The End Of A Van Lease?

How Does Van Leasing Work?

addWho can lease a van or pickup truck?

addHow does van and pickup truck leasing work?

addWhat happens at the end of a lease agreement?

addWhat kind of credit score do you need to lease?

addDo I need to arrange insurance?

addIs there a charge for exceeding your annual mileage?

addWhat's the difference between personal and business leasing?

addWhat are the pros and cons of leasing?

addHow does Autotrader make money from leasing?

Leasing with Autotrader

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