Cheap van finance: how to get it, plus the best deals

Cheap van finance from £100 per month: see our pick of the best offers on small and medium-sized vans with low monthly payments

BuyaCar team
Mar 18, 2021

Upgrading your van doesn't need to be costly, whether you're looking for a small runaround for city deliveries, or a vast panel van that can cope with bulky loads. As with cars, if you're open to picking up a used van rather than a brand new one, you can save many thousands if you pay cash, or slash your finance costs to far less than you might think.

Prices for used small vans start at less than £100 per month, and under £200 per month is enough for a really sizeable vehicle with a payload of more than 1.5 tonnes. The prices quoted below exclude VAT, which can be reclaimed on vans used commercially.

Cheap van finance with lease purchase

All representative van finance quotes below are based on a lease purchase agreement. Lease purchase, or LP, is one of the most popular ways of purchasing commercial vehicles. It offers monthly payments that are lower than Hire Purchase (HP) finance, with a compulsory final payment. Once you've made this last payment, you own the van outright.

It can be split into three different steps.

  • 1. Deposit The quotes below are based on a 25% upfront payment, but this can be altered to suit your circumstances.
  • 2. Monthly instalments Fixed payments are typically made for between two and four years. The examples below are based on a four-year deal. These are lower than some types of car finance, such as a bank loan or Hire Purchase (HP), because they only cover part of the cost of the van, leaving a large final payment at the end of the contract. Monthly payments may be a little lower than Personal Contract Purchase (PCP) finance because lenders often charge a low rate of interest.
  • 3. Final payment At the end of the agreement you have to pay the final instalment, which is often called the balloon payment. Pay this and the van is yours.

Cheap van finance is available across a range of manufacturers, including Citroen, Mercedes, Renault and Volkswagen. Click below to search all offers currently available or scroll down for our pick of the 10 best cheap van finance deals.

Cheap van finance under £200 per month

1. Ford Transit Custom

Monthly finance from £265*
Payload 1090kg
Fuel economy 43-46mpg

For £200 per month, you can get yourself Ford Transit Custom if you’re willing to put up with the relatively basic models. Not that it should put you off. The Transit Custom is a brillant workhorse with two different wheelbases and powerful diesel-powered engines. It drives very well and is decently comfortable too.

If you’re after a cleaner Transit, a hybrid version has also been developed. But you’ll have to wait to get your hands on one. The Transit Custom is one of the safest vans on the market, too, achieving a Euro NCAP rating of five out of five. Tall drivers and passengers won’t love the lack of legroom though.

2. Mercedes Citan

Monthly finance from £181*
Payload 512kg
Fuel economy Up to 44.1mpg

Mercedes vans hold a certain appeal among drivers because of the greater feeling of quality in comparison to cheaper rivals. Inside, the materials feel a little more durable and less likely to break over time.

The Citan is obviously no Mercedes S-Class - especially as it shares a lot in common with the Renault Kangoo - but the Citan does come in three different lengths, a combi van option offering space for passengers and work gear, plus different seating layouts and trims. There’s a petrol engine on offer and even an automatic gearbox.

3. Citroen Nemo

Monthly finance Limited stock
Payload 660kg
Fuel economy 62.8-68.9mpg

A workhorse of the city, you'll find a Citroen Nemo unloading on virtually every British high street. Drivers love its sizeable load area, economical engine and excellent value for money.

Monthly prices start from just over £100 per month. This seems like good value for a van that has a larger loadspace than a Ford Transit Courier and a greater payload than a Mercedes Citan.

The Nemo has been in production for a number of years and you can tell when you're behind the wheel: the plasticky interior and bouncy ride are some way off the standard of the best small vans. But for the amount of space that you get per pound, the Nemo is still hard to beat.

4. Ford Transit Courier

Monthly finance from £202*
Payload 660kg
Fuel economy 48.7-76.3mpg

For less than £150 per month you’ll struggle to find a full-size Ford Transit, but the smallest vehicle in the Transit range - the Courier - is within budget.

This uses the same mechanical parts as the Ford Fiesta, but it’s bigger than the Ford Fiesta van. Because it’s Fiesta based, it’s one of the best-driving vans on the market and is genuinely car-like. But the Transit Courier offers more than twice the loadspace.

It has three turbocharged engines on offer - two diesels and a petrol - although there might not be many petrols floating around on the used market as petrol power only accounts for around 5% of new van sales.

5. Nissan NV200

Monthly finance Limited stock
Payload 728kg
Fuel economy 53-57mpg

Practicality and dependability are two of the NV200's biggest selling points. It’s also one of the cheapest relatively new vans to finance. 2016 models regularly crop up for around £150 per month, while 2018 models are beginning to appear at around the £200 per month mark for the most basic models.

It’s available in Panel Van, Crew Van (complete with occasional seating in the rear) and Combi (with seats for up to seven people) formats too. Top spec Tekna models come with alloy wheels, cruise control, and a colour reversing camera, but these can get pricey. If you want accessories, it might be better to look elsewhere. But if you want a cheap nearly-new van, this could be the one.

6. Ford Fiesta Van

Monthly finance from £161*
Payload 505kg
Fuel economy 50.4-78.5mpg

Car-derived vans have a lot going for them - they pretty much benefit from all of the positive elements of a supermini (cheap prices, easy maintenance, decent comfort) with the added benefit of having the rear seats ripped out to provide extra loadspace.

This means you can get yourself a small van that offers surprising load space, that is actually like a car to drive. A win-win situation. The payload is also nowhere near as high as with a larger van like a Transit, however, but the Fiesta Van's loadspace is among the highest of the car-based vans.

With a van version of the current Fiesta now available, these previous generation models are more affordable than ever, so if you want a compact, affordable and fun to drive van, then this version of the Fiesta Van could be a wise choice.

Cheap van finance under £450 per month

1. Isuzu D-Max

Monthly finance from £315*
Payload 1128kg
Fuel economy 40.4mpg

If you like the idea of a van with a big open load bed - plus decent four-wheel drive ability - then picking up an Isuzu D-Max is a good idea.

The D-Max is a pick-up truck aimed squarely at people in the trade, rather than outdoorsy lifestyle types. It's generally aimed at people who want a cross between a van and an SUV, and the Isuzu blends these two aspects well. Best of all, for around £300 per month there are D-Max models out there with less than 1,000 miles on the clock. Practically new then.

At that price, you won’t get alloy wheels, but you may also not need AdBlue. The D-Max looks and feels agricultural compared with the most high-tech pick-up and van alternatives, but is that necessarily a bad thing for a tough pick-up?

2. Volkswagen Transporter

Monthly finance from £396*
Payload 993kg
Fuel economy 47.9mpg

The Transporter has been around in different guises for more than 50 years, and it’s become ubiquitous as a serious van offering. People love its ruggedness and dependability, so much so that there are owners’ clubs dedicated to them.

For a £200 per month budget you’ll be able to get a 2017 model with less than 40,000 miles, with the lower powered diesel engine. And for £300 per month you’re looking at a high-specification, low-mileage 2018 model with most of the bells and whistles.

If you’re regularly in a rush, plump for the most powerful engine - the 204hp bi-turbo model. This gets the Transporter from 0-62mph in 8.6secs, rapid for a van. Cab storage isn’t as substantial as some Peugeots and Citroens, but it’s a better product all-round.

3. Citroen Relay

Monthly finance from £304*
Payload 1525kg
Fuel economy 45.6mpg

The Citroen Relay boasts a massive payload of 1525kg. To put that into context, that’s not far off the weight of two city cars.

To get one for less than £200 per month you’ll have to opt for a slightly older model. 2015-registered vans regularly pop up in the price range, some of them with less than 30,000 miles and since vans are built to be tough, these should have plenty of years of life left.

The Relay does offer a great space-per-pound ratio, and the diesel engines are economical and feel punchy too. They are noisy, though, and the suspension does feel a little jarring when there’s not a load in the back to smooth out the ride.

4. Nissan e-NV200

Monthly finance from £492*
Payload 728kg
Electric range 106-174 miles

An electric van for less than £300 per month? No your eyes don’t deceive you. Hunt around and you can find electric e-NV200s for well under £300 per month. In fact, there are some high-mileage 2015 models knocking around for less than £150 per month if you can track one down.

And not only are electric vans better for the environment than their diesel counterparts - with no tailpipe emissions - but they can also save you money. Primarily, because you’re not filling them up with diesel all the time.

Charging the Nissan from empty at night time outside your home is likely to cost roughly £2, and would give you roughly 106 miles of range. You’d need to spend (roughly) eight times that to get 100 miles of diesel.

Pre-2017 Nissan e-NV200s have an official range of 106 miles, however, post-2017 vans have a range of 174 miles, making them far more usable.

Apart from the near silence you’ll be travelling in, there’s very little that's different to driving a normal van. This electric model is automatic, too, and because it has fewer parts than a diesel or petrol van, there’s also less to go wrong and maintenance should cost you less.

*Representative PCP finance - Ford Fiesta:

48 monthly payments of £192
Deposit: £0
Mileage limit: 8,000 per year
Optional final payment to buy car: £2,923
Total amount payable to buy car: £11,926
Total cost of credit: £2,426
Amount borrowed: £9,500
APR: 9.9%

BuyaCar is a credit broker, not a lender. Our rates start from 6.9% APR. The rate you are offered will depend on your individual circumstances.


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