A picture of a man sat in the driving seat of a van

Can I Buy A Van If I am A Sole Trader? - (Case Study)

A local window Cleaner in Bristol contacted us last Month. Extremely nervous as he had never purchased a new vehicle before. Matt had been let down by his old Vauxhall Vivaro that he had been running for 11 years and spent a fortune on, to keep it roadworthy.

He wanted to know what his options were, as he is a sole trader and didn't want to put down a huge deposit which he was lead to believe was the complete VAT on the vehicle.

We took some time understanding his business, what he did, what he needed to carry, and the space that would be needed for his water tanks and equipment.

The question was positioned to Matt. Would you like the opportunity to place down a small deposit and have a comfortable monthly rental, with the option to get a newer van in 48 months time?

 


He had no idea this was possible, and when Van Source ran some numbers, he said the monthly payments were cheaper than he had previously on his old van when he had an HP agreement.

With a 3 years warranty, NO MOT's for the 1st three years and a way to spread the VAT over the term, so the deposit was low, there was only two questions he needed to answer...

"What colour do you want" and "What is the address for the van to be delivered to?"

Zenith Finance sorted his funding and he was good to go!

It is now safe to say we see him in and around the city, driving his new Silver Peugeot van. It was that simple.

Thanks for your business Matt, it has been a pleasure.

Team Van Source UK.

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