Skip to main content
✓FCA regulated (Appointed Representative)✓NACFB Member✓60+ lenders searched✓Indicative decisions in as little as 24 hoursSpeak to an expert:0333 772 4864

CW Asset Finance | Vehicle & Equipment Finance Yorkshire

Cost guide

How much does a van cost in the UK?

Real asking prices by body type — and the electric van number that matters more than the purchase price.

The short answer

A Luton with a tail lift runs about £10,000 to £21,000 + VAT. A 3.5t tipper about £16,000 to £20,000 + VAT. A dropside about £10,250 to £19,750, and clean fridge stock from about £7,000.

The body sets the price far more than the badge does — and on an electric van, the purchase price is the less important number.

The used electric van cliff

If you are financing a van, this is the most important thing on this page. Two live listings, same model year, same make, both plus VAT:

VanYearMileageAsking price
Ford E-Transit 68kWh (electric)202319,902 mi£16,490 + VAT
Ford Transit 350 Leader (diesel)202331,216 mi£18,995 + VAT

The electric van has done 11,000 fewer miles and is worth £2,505 less — after costing thousands more to buy. On 2022 Vauxhall Vivaros the picture is the same: the new-price premium has completely disappeared by three years old.

Why this matters on a finance agreement

Residual value is what sets a balloon payment and what you are left with at the end of a term. If a van costs more up front and falls further, both ends of the agreement move against you. That does not make an electric van the wrong choice — running costs and clean air zones push the other way — but it does mean the sums have to be done on total cost over the term, not on the sticker. Ask what residual the funder is assuming before you sign anything.

There is a widely-repeated industry figure suggesting electric vans retain more value than diesel. It contradicts the listings above and we could not verify it in a primary source, so we are not relying on it — but you may see it quoted, and now you know why we have not used it.

New electric vs diesel, and the comparison trap

Almost every published "electric vans cost X% more" figure is built wrong, because it compares a grant-reduced electric price against a full-price diesel.

Ford publishes both fuels in one price list, with no grant applied. On that like-for-like basis the gap runs +1.4% to +24%, and the E-Transit 68kWh Leader is £50,345 against £49,645 for the diesel — near enough parity.

Vauxhall and Peugeot quote electric after the £5,000 grant. Their headline gaps look like +29% to +47%. Grossed back up to compare properly, they are +49% to +63%.

A defensible headline: roughly £5,000 to £10,000 more ex VAT on a mid-size van, and £14,000 to £19,000 before grant on a large one.

The grant, read off GOV.UK today

35% off, capped at £2,500 for vans under 2,500kg gross weight and £5,000 for 2,500–4,250kg. The van must emit 0g CO2/km at the tailpipe and do at least 96km (60 miles) with no emissions. You do not apply — the dealer or manufacturer does, and it comes off your quoted price. GOV.UK notes there are a limited number of grants. Plenty of 2025 articles say this scheme ended; the current GOV.UK page says otherwise, which is why we checked at source. Check again when you buy.

Prices by body type

From UK dealer and trade listings, October 2026.

Body typeRough rangeVAT basisListings
Luton / box with tail lift, 2019–23£10,000 – £21,000+ VAT31
Luton / box, older and high mileage£4,250 – £9,995mostly No VAT—
Tipper, 3.5t single cab, 2019–23£16,000 – £20,000+ VAT24
Tipper, near-new 2023–24£24,199 – £30,497+ VAT—
Dropside, 2020–23£10,250 – £19,750+ VAT19
Refrigerated, clean dealer stock£7,000 – £12,500+ VAT33

These are retail asking prices, not transacted values. Every UK auction and trade source was inaccessible, so there is no hammer-price floor in this data and real money paid will be lower. Crew cab vans and used pickups are deliberately absent — the evidence was too thin to publish, and a thin band is worse than no band.

New van list prices

The cheapest panel van in each range, read off the manufacturers’ own UK price lists. All excluding VAT.

VanEntry modelPrice ex VATBasis
Ford Transit CourierLeader 1.0 100PS£19,632small
VW Caddy CargoC20 Commerce 2.0 TDI 102PS£27,415small
VW TransporterT28 Commerce SWB 110PS£32,980medium
Ford Transit Custom280 L1H1 Trend 110PS£37,030medium
VW CrafterCR30 Commerce MWB high roof£39,145large
Ford Transit350L L3H3 Leader 105PS£51,075large

All figures are on the road, excluding VAT, read from Ford and Volkswagen’s own current UK price lists. Mercedes is deliberately absent: the only Sprinter and Vito list prices we could obtain could not be confirmed as current — one source dated them to late 2025, another found the manufacturer’s "current" brochure folder serving a 2018 document. Rather than publish a figure we cannot stand behind, we have left them out. Ask a dealer.

Against the used tables below, the shape is familiar: a new Transporter at £32,980 ex VAT, a three-year-old one at about £18,975, and a five-year-old at around £15,998.

Length and height cost less than you think, even new

From Ford’s own list: L1 to L2 adds about £1,000, L2H2 to L3H2 about £800, L3H2 to L3H3 about £1,000, and L3H3 to L4H3 about £1,350. A VW Caddy short to Maxi is £1,375. So going a size up within a range is usually a four-figure decision, not a five-figure one — and on the used market, as the table below shows, it barely registers at all.

Panel vans by size

From 81 live UK listings across Auto Trader and Van Monster, October 2026. Plus-VAT listings only, so these are comparable with each other.

Size1 year old3 years5 years7–8 years
Small
Courier, Caddy, Combo, Partner
£13,990 – £18,990£11,990 – £12,899£6,995 – £11,494£4,695 – £6,000
Medium
Transit Custom, Transporter, Vivaro
£15,998 – £28,499£11,275 – £20,989£7,695 – £17,950£5,250 – £15,000
Large
Transit, Sprinter, Crafter
£24,451 – £33,995£17,991 – £20,498£10,995 – £17,499£6,750 – £11,390

The spread inside each row is wide because trim and mileage move the price far more than the badge does. A 2023 Transit Custom ranges from £12,995 at 86,000 miles to £20,989 at 19,899 miles — the same van, same year, £8,000 apart.

What barely matters: wheelbase and roof height

We expected long-wheelbase and high-roof vans to carry a clear premium used. They do not. Like-for-like 2025 Transits came out at £26,495 for an L3 H2 against £24,130 for an L3 H3 — the taller one cheaper. A 2023 Crafter high roof was £20,498 against £20,990 for the non-high-roof. Roof and wheelbase are roughly ±£1,000 of noise. Trim level, engine output, automatic gearbox and mileage dominate — and the single biggest lever is the VAT status below.

What vans actually sell for at trade

Everything above is an asking price. This is what the trade is paying. BCA publishes a monthly average across all used LCVs it sells:

2026BCA averageChange
January£8,569+6.7% on the month
March£8,72724-month high at the time
July£7,934−2.3%
August£8,358+5.3%, sold at 103.4% of guide
September£8,820+5.5%, highest since March 2024

Two things worth taking from that. First, the used van market is rising, not falling — September was up 4.3% year on year and stock was selling above book. Second, that average sits well below the retail asking prices above, which is the normal gap between trade and forecourt rather than evidence anyone is overcharging.

Manheim reported a different pattern over the same period: an average of £9,505 in Q1 falling to £8,489 in Q2, with vans taking around 11 days to sell.

An important caveat on these figures

Neither BCA nor Manheim states the VAT basis of its published averages. We are not going to assume one. Given roughly half the market is margin-scheme stock, a headline average that does not say whether it includes VAT could be out by up to 20% either way. Use these for direction — the market is firming — not to value a specific van.

Eleven vans, as listed

VanYearMileagePriceVAT
Ford Transit T350 single cab tipper202170,129 mi£16,799+ VAT
Ford Transit 350 Tipper Leader202157,645 mi£18,198+ VAT
Isuzu N35 tipper, automatic202320,113 mi£19,999+ VAT
Peugeot Boxer 2.2 dropside 165PS202177,474 mi£10,249+ VAT
Mercedes Sprinter 315CDI dropside202179,349 mi£17,084+ VAT
Renault Master LL35 Luton202339,612 mi£23,549+ VAT
Mercedes Sprinter 314CDI Luton + lift202130,698 mi£27,277+ VAT
Ford Transit 350 Luton + tail lift202287,679 mi£13,995+ VAT
Ford Transit 350 Luton2021121,325 mi£10,950No VAT
Mercedes Sprinter 315 CDI fridge2023122,039 mi£12,450+ VAT
Ford Transit 350 fridge box2022114,014 mi£8,995No VAT

Note the highlighted rows. Those two are No VAT — margin-scheme stock, where there is nothing to reclaim.

"No VAT" vs "+ VAT" is the biggest distortion in van pricing

Roughly half the used van market is sold under the margin scheme and advertised No VAT; the other half is plus VAT. Until you know which, two prices are not comparable.

AdvertisedYou actually payYou reclaimNet cost
£12,000 No VAT£12,000nothing£12,000
£12,000 + VAT£14,400£2,400£12,000

Net cost lands in the same place if you are VAT registered — but the cash you need up front differs by £2,400, and on finance the VAT normally falls due separately alongside your deposit rather than spreading across the term. If you are not VAT registered, the margin-scheme van is genuinely cheaper and the other one is not.

It gets worse on a marketplace, because all three states sit side by side in the same results. On one Auto Trader search we found a 2019 Transit Custom at £31,995 inc VAT, a 2022 at £29,990 No VAT and a 2021 at £15,990 + VAT — three different bases, one page, no way to compare them by eye. Some dealers also add an admin fee on top; one national chain charges £199 plus VAT.

Cap HPI’s published methodology states it plainly: VAT-qualifying van values are inclusive of VAT, and values outside that sector are exclusive of it.

Kitting it out is a four-figure job

A van arrives empty. These are UK supplier prices for the things most trades add before the vehicle earns anything.

ItemUK priceBasis
Ply lining kit£143 – £460ex VAT, supply only
Basic racking, single unit£256 – £280ex VAT, supply only
Vehicle-specific racking kit£454 – £1,178ex VAT, supply only
Roof bars to full roof rack£143 – £500inc VAT
Tow bar, flange + 13-pin£610 – £860fitted, inc VAT
Telematics, per vehicle£9.99 – £15.99 a monthex VAT, hardware and fitting included

Signwriting is the one that varies most: door lettering starts around £120 to £200, a partial wrap runs £590 to £1,500, and a full wrap £1,200 to £4,500 — though suppliers quote these as "from" prices and are inconsistent about whether VAT is included, so treat them as a shape rather than a number.

One thing we are not going to tell you

Almost every price above is supply only. Not one UK supplier we checked publishes a fitting charge for ply lining or racking, and the "£2,500 to £4,000 fully fitted" figures that circulate are blog estimates rather than quotes — so we have left them out. Get fitting quoted separately, and ask whether it can go on the same finance agreement as the van. It usually can.

What would it cost a month?

Check whether your van is No VAT or plus VAT first — it changes the cash you need up front by 20%.

£18,000
48 months
0% · £0

Prime is an established, profitable business with clean credit. Specialist covers newer businesses and credit that needs explaining — the asset itself carries part of the risk, which is why finance is often available where an unsecured loan is not.

Estimated monthly payment
£465
over 48 months
Amount financed£18,000
Total repayable£22,320
Cost of finance£4,320
Equivalent APR11.5%
Get my exact rate

Representative example: on Hire Purchase, borrowing £18,000 over 48 months at a 5.15% flat rate (equivalent to 9.9% APR representative), you would repay around £452 a month; total amount repayable approximately £21,708, of which £3,708 is the cost of finance. This calculator is for illustration only — it is not a quote or an offer of finance, and the rate and repayments you are offered will depend on the asset, term, deposit and your circumstances. CW Asset Finance is a credit broker, not a lender, and will receive a commission from the lender that funds your agreement. All finance is subject to status, affordability and lender approval.

Rates shown are indicative flat rates with the equivalent APR alongside — the two are not the same number. Indicative only and does not constitute a quote or an offer of finance. Subject to status and lender approval.

Common questions

How much does a van cost in the UK?

It depends on the body far more than the badge. From UK dealer and trade listings in October 2026: a Luton or box van of 2019 to 2023 with a tail lift runs about £10,000 to £21,000 plus VAT; a 3.5 tonne single-cab tipper of the same age about £16,000 to £20,000 plus VAT; a dropside about £10,250 to £19,750 plus VAT; and clean refrigerated stock about £7,000 to £12,500 plus VAT. Older high-mileage Lutons start around £4,250, though most of that stock is sold on the margin scheme with no reclaimable VAT. All of these are asking prices, not what vehicles actually sell for.

Is an electric van more expensive than a diesel one?

New, yes — but much less than the headlines suggest, and it depends entirely on whether the price you are shown already has the government grant taken off. Ford publishes both fuels in one price list with no grant applied, and there the gap runs from about 1.4% to 24%: the E-Transit 68kWh Leader is £50,345 against £49,645 for the diesel, which is effectively parity. Vauxhall and Peugeot quote electric after the £5,000 grant, which makes their gaps look like 29% to 47% — grossed back up they are 49% to 63%. A fair headline is roughly £5,000 to £10,000 more on a mid-size van and £14,000 to £19,000 before grant on a large one.

What is the government grant on an electric van?

GOV.UK currently offers a 35% discount on eligible vans, capped at £2,500 for vans under 2,500kg gross vehicle weight and £5,000 for vans between 2,500kg and 4,250kg. To qualify the van must produce 0g CO2 per km at the tailpipe and travel at least 96km (60 miles) with no emissions. Importantly, you do not apply — the dealership or manufacturer does, and the discount comes off the price you are quoted. GOV.UK notes there are a limited number of grants available. Grant schemes change, so check the position at the point of purchase rather than relying on any article, including this one.

Do electric vans hold their value?

On current used listings, no — and this is the number that matters most if you are financing one. A 2023 Ford E-Transit with 19,902 miles was listed at £16,490 plus VAT, while a 2023 diesel Transit 350 with 31,216 miles — considerably more use — was £18,995 plus VAT. The electric van cost thousands more new and is worth less three years on. On 2022 Vauxhall Vivaros the new-price premium has vanished completely at the used end. There is a widely-quoted industry statistic suggesting electric vans retain value better than diesel, but it contradicts what is actually advertised and we could not verify it in a primary source, so we are not relying on it.

Why do some van prices say "No VAT"?

Because roughly half the used van market is sold under the VAT margin scheme — typically ex-private or non-VAT-registered stock — where there is no VAT to reclaim. The rest is "plus VAT", where a VAT-registered business reclaims it on the next return. That makes headline prices genuinely incomparable until you normalise them: a £12,000 "No VAT" van and a £12,000 "+ VAT" van are £12,000 and £14,400 respectively, and only one of them gives you £2,400 back. Cap HPI’s own methodology puts it plainly: VAT-qualifying van values are inclusive of VAT, and the rest are exclusive. Check which you are looking at before you compare anything.

Should I buy new or used?

The honest answer for most trades is used, because the body is what you are buying and a three-year-old Luton body does the same job as a new one. Where new makes sense is warranty, downtime and — on electric — the grant, which only applies to new vehicles. One thing to weigh on finance specifically: with used stock you are often buying at a point where depreciation has already flattened, which can make the end-of-term position more predictable. On a new electric van the opposite currently applies, as the used listings above show. All finance is subject to status, affordability and lender approval.

Where to next

CW Asset Finance is a credit broker, not a lender, and will receive a commission from the lender that funds your agreement. Prices on this page are third-party published asking and list prices, attributed to their sources and correct at the date of retrieval; they are indicative, are not transacted values, and are not a quote or an offer of finance. VAT treatment varies by listing and is reproduced as advertised. Grant figures are from GOV.UK and were correct on 10 October 2026; grant schemes change and should be checked at the point of purchase. All finance is subject to status, affordability and lender approval.