Van Finance in Ireland: A Comprehensive Guide for Buyers

Ireland’s roads are bustling with vans of all shapes and sizes, from compact urban runabouts to larger commercial vehicles. Whether you’re an entrepreneur launching a business, a tradesperson expanding operations, or a fleet manager updating vehicles, financing a van is often the most practical and cost-effective option. In this blog, we’ll explore the types of vans available, the fuel efficiency of newer models, and why financing a van can be cheaper than renting one in the long term.

Van Finance: Types of Vans in the Irish Market

When it comes to vans, there’s no one-size-fits-all solution. The type of van you choose depends on your business needs, the load you need to carry, and your budget. Here’s a breakdown of the most common types of vans available in Ireland:

1. Small Vans

Small vans, like the Ford Transit Connect, Volkswagen Caddy, or Renault Kangoo, are ideal for businesses operating in urban areas. Compact yet versatile, they offer enough cargo space for light loads while being easy to manoeuvre in tight city streets.

Key Features:

Load space: Typically 2-3 cubic metres

Fuel efficiency: Up to 60 mpg (miles per gallon) on newer models

Ideal for: Couriers, small-scale delivery services, or tradespeople carrying light tools

2. Medium Vans

Medium vans, such as the Ford Transit Custom, Volkswagen Transporter, or the Renault Trafic, are the perfect middle ground. They provide more cargo space without being too bulky, making them suitable for a wide range of businesses.

Key Features:

Load space: Around 5-7 cubic metres

Fuel efficiency: Newer models achieve 40-50 mpg

Ideal for: Tradespeople with larger toolkits or businesses delivering medium-sized goods

3. Large Vans

Large vans, including the Mercedes-Benz Sprinter, Ford Transit, or Peugeot Boxer, are designed for heavy-duty tasks. These vehicles are capable of carrying substantial loads while maintaining a comfortable driving experience.

Key Features:

Load space: Up to 17 cubic metres

Fuel efficiency: Typically 25-35 mpg for newer diesel models

Ideal for: Logistics, removals, or businesses needing substantial cargo capacity

Fuel Efficiency and Eco-Friendly Options

Modern vans have come a long way in terms of fuel efficiency. Diesel remains the dominant fuel type for vans in Ireland, but petrol and hybrid options are increasingly available. Electric vans, such as the Renault Kangoo ZE or the Maxus eDeliver range, offer zero-emissions alternatives with ranges of up to 400km, making them ideal for urban operations and reducing environmental impact.

 

Key Benefits of New Vans:

Lower running costs due to improved fuel efficiency or electric power

Compliance with emissions standards, avoiding future penalties

Tax benefits, such as reduced vehicle registration tax (VRT) for electric vans

Why Financing a Van Is Cheaper Than Renting Long Term

When it comes to acquiring a van, one of the biggest questions is whether to rent or finance. While renting might seem convenient, it often becomes significantly more expensive over time compared to financing.

1. Cost Comparisons

Renting: Rental costs can range from €150 to €300 per week for a medium-sized van. Over a year, this adds up to between €7,800 and €15,600.

Financing: Monthly repayments for a financed van typically range from €300 to €600, depending on the loan term and interest rate. Over the same year, this amounts to €3,600 to €7,200—less than half the cost of renting.

2. Ownership Benefits

When you finance a van, you’re investing in an asset that you’ll own outright once the repayments are complete. Renting, on the other hand, offers no return on investment.

3. Flexibility and Customisation

Financed vans can be customised with business branding, shelving, or additional features to suit your needs—something typically not allowed with rented vehicles.

4. Tax Deductions

Van financing can offer tax advantages, as businesses can often claim back VAT on repayments and offset depreciation against taxable income.

Conclusion

Van finance in Ireland is a smart choice for businesses looking to balance affordability with functionality. Whether you need a small van for urban deliveries, a medium van for versatile cargo, or a large van for heavy-duty logistics, the Irish market offers a variety of options with excellent fuel efficiency. Financing a van not only saves money compared to long-term renting but also provides the flexibility and benefits of ownership.

If you’re ready to explore van finance options, reach out to Vendor Finance today to find the right solution to drive your business forward. Vendor Finance can provide a wide range of funding options for van buyers for van finance in Ireland. Whether its new or used we have tailored solutions to suit your business needs.

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