Specialist

Truck Finance and Leasing

For buying and refinancing trucks for commercial use

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truck finance and leasing

Clifton private finance

We specialise in sourcing truck and commerical vehicle finance & leasing in the UK

 

High quality truck finance and leasing solutions for UK & international clients.

  • Finance from £25,000 for business purchases, & from £50,000 for individuals
  • Competitive vehicle finance that often outperforms in-house car dealer offers
  • Flexible finance options which includes: Personal loans, Personal contract Purchase (PCP), Hire Purchase, Lease Purchase
  • Tailored bespoke service
  • Refinance options
  • Flexible repayment periods
  • Finance available on new, used and auction bought trucks
  • Business owners - Refinance existing assets to free up your company's liquid capital
  • Business owners - Cashflow matched repayments
  • Asset finance for trucks

We can deliver enhanced, bespoke or exclusive terms through our market knowledge.  

Call us on 0203 900 4322 to discuss your requirements.

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Truck Finance and Leasing

Trucks serve as the backbone of industry and commerce, providing essential transport solutions for businesses across the UK. From construction sites to long-haul deliveries, the versatility of trucks makes them indispensable in various sectors.

This guide is designed to give you a comprehensive overview of the financial aspects of truck finance and leasing, ensuring that your business has the resources it needs to thrive. Here’s what you can expect from this guide:

Choosing the right finance or lease agreement for your truck is essential for maintaining operational efficiency and meeting the demands of your industry. Let’s ensure your fleet is ready to roll out.

Different Options Available for Truck Finance and Leasing

In the UK, truck financing and leasing options provide businesses with the flexibility to manage their fleets effectively. Whether you’re looking to expand your operations or upgrade your vehicles, understanding the financial routes available is key. Here’s an overview of the most common financing methods for trucks, and commercial vehicles:

When selecting a financing or leasing option, it’s crucial to align your choice with your business’s specific needs and financial situation. Each method offers distinct advantages and considerations that can impact your operational efficiency and long-term planning.

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Popular Truck Models & Types Available for Finance in the UK

In the dynamic landscape of UK industries, trucks of various types and models play a pivotal role. They are not just vehicles but critical assets that drive the economy forward. Below is a curated selection of popular truck models available for finance in the UK, reflecting the diverse applications they serve across different sectors:

 
Vehicle TypeModelApproximate Price Range in UK
General Haulage Trucks Volvo FH £85,000 - £140,000
Construction Trucks MAN TGS £75,000 - £130,000
Long Haul Trucks Scania R-Series £90,000 - £150,000
Distribution Trucks DAF CF £60,000 - £110,000
Refrigerated Trucks Mercedes-Benz Actros £80,000 - £140,000
Flatbed Trucks Iveco Stralis £70,000 - £120,000

Please note that these prices are indicative and can vary based on the vehicle’s condition, mileage, features, and current market trends. It’s recommended to consult with dealers or financial services for the most accurate and detailed pricing information.

Trucks like the Volvo FH and Scania R-Series are renowned for their reliability and efficiency, making them ideal for long-haul operations. The MAN TGS and DAF CF are versatile workhorses suited for construction and distribution roles, respectively. For temperature-sensitive cargo, the Mercedes-Benz Actros provides state-of-the-art refrigerated transport solutions, while the Iveco Stralis is a robust choice for flatbed transport needs.

When exploring financing options for trucks, it's a good idea to consider the total cost of ownership, which includes maintenance, insurance, and any necessary modifications for specific applications.

Tax Considerations for Truck Finance in the UK

Navigating the tax landscape for truck finance and leasing in the UK is crucial for the fiscal health of your business. Here’s a guide to understanding how different finance options can influence your tax situation:

It’s important to note that specific tax and regulatory exemptions exist for certain types of commercial vehicles. For example, vehicles used primarily for agricultural or construction purposes may have different tax treatments, such as eligibility for red diesel or exemptions from certain tests. However, standard commercial vehicles used across various industries typically do not qualify for these specialised exemptions and are taxed accordingly.

Maintaining and Insuring Your Truck: A Financial Perspective

Maintaining and insuring a truck in the UK is an integral part of managing your fleet’s finances. The type of finance or lease agreement you choose will determine who is responsible for these aspects.

Understanding these financial responsibilities is key when choosing the best finance or lease option for your truck. It’s important to align your choice with your business’s operational needs and financial planning. Consulting with a finance specialist, such as us at Clifton Private Finance, can provide you with bespoke advice to navigate these decisions effectively.

What Happens at the End of a Gritter Truck Asset Finance Plan?

As your asset finance term for a truck approaches its end in the UK, you’ll be presented with a set of strategic choices:

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Using a Finance Broker to Help

Finding the best deal for truck finance can be challenging. Especially if you are not familiar with the different options, terms, and conditions. That’s why using a finance broker can help you get the best deal and the most suitable option for your purchase. At Clifton Private Finance, we can help you: 

At Clifton Private Finance, we are a leading finance broker in the UK, and we specialise in commericial vehicle finance. We have access to multiple asset finance lenders, and we always compare the best options to offer you bespoke finance solutions that suit your needs and budget. We can also help you with any type of commericial vehicle - from minivans to gritter trucks, and specialised vehicles depending on the business.

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If you want to buy a truck on finance, contact us today and speak to one of our expert advisers. We will be happy to answer any questions you may have, and provide you with a free, no-obligation quote. We look forward to hearing from you soon. 


Call us today to discuss your requirements on 0203 900 4322

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