Of the various finance methods of Van Finance available, Hire Purchase is perhaps the best known, and more traditional way of funding your new van, and most people understand this type of finance agreement.
Deposits are low, and repayment terms are available up to 5 years with fixed monthly payments. For those customers that are VAT registered, the VAT deposit is reclaimable in the next VAT quarter.
- Low Deposits
- Flexible Repayment period up to 5 years
- Fixed Monthly Repayment which aids budgetary control and cashflow
- VAT deposit reclaimable (VAT registered customers)
- 100% of interest charges can be offset against taxable profits
- Easy early settlement
Once the final payment has been made to the finance company and the agreement is complete, ownership of the vehicle passes to you.
Should you want to settle the outstanding finance early, requesting a settlement figure from the finance company and paying outright with cash will settle the agreement and ownership then passes to you, or alternatively, part exchanging the old vehicle for your next new vehicle, again a settlement figure is requested from the finance company, and the supplier of your new vehicle will then settle the outstanding finance on the old vehicle, and will calculate the new finance figures accordingly.
Should the settlement figure be less than the market value of the part exchange, the difference can then be used as part or all of the deposit on the new van, whilst if the settlement is more than the market value of the part exchange, the difference can be added to the new finance agreement, but the deposit will then need to be paid in full.
We ordered a ford custom quadrant sport - apart from being more competitively prices than ford direct the vehicle is top notch and gets more attention than cars in our fleet, Darren and Matthew great to deal with.
Really friendly and informative. Always answered any of my questions. Advised me of the pros and cons of the different finance packages and how they pass through the company accounts. Couldn't have been any more helpful.
Excellent communication the van was good value for money I would definitely use Quadrant again..
Very very helpful. Van arrived on time . In excellent condition. Polished inside and out . Many thanks will use you again.
We have got two Q Sport transit vans from Quadrant and the service we received on each purchase was excellent.
Friendly helpful service, would recommend.
Retrofit Installations found Quadrant Vehicles a pleasant company to deal with. Kelvin kept us informed every week of the progress on the purchase of our vehicles and informed every step of the way on delivery.
Retrofit Installations would be happy to recommend Quadrant Vehicles to anybody who is looking to purchase a new vehicle.
Christine Lockton-Roberts - Director - Retrofit Installations
Great price and excellent service from start to finish!! We have already been back for a second van and there will be more. Huge thanks to everyone at Quadrant.
Matthew at J R Davies Engineering Services
I have purchased 2 new vans recently from Quadrant Vehicles and my initial doubts about dealing with a company over the phone/email for such a transaction were quickly removed by the friendly and efficient manner of their sales team. I am very happy with my new vans and the service I received as well as getting a very competitive price. I will not hesitate to use Quadrant Vehicles again when I buy my next commercial vehicles.
Mr P.Hide - Winchmore Hill - London
Just a quick note to thank you for the service you gave during the purchase of my new Ford Transit. After ringing many Ford dealers and other van sales companies, I came across Quadrant Vehicles, and not only did you save me £4000 from other prices I was being quoted, but you also gave me advice on which was the best way of financing the vehicle, which was a great help! As promised, the van was delivered within 10 days of my order, and I must say your delivery driver, Merv was very professional and showed me around the vehicle. All in all I am 100% satisfied with your service, and would not hesitate in buying a second van from Quadrant Vehicles.
Mr Kevin Edwards - KJ Plumbing & Heating
Quadrant Van Specialists
With over 40 years experience in supplying new and used commercial vehicles, Quadrant Vehicles can offer you great prices along with a great service.
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