Contract hire is a great way to finance an electric van.
You pay a deposit upfront of say 3-12 payments in advance and pay more or less just for the vehicle deprecation. Unlike say lease purchase the vat is paid on the monthly instalments.
Is this method tax deductible ?
Yes 100% spread out over the term
Can I end the contract early ?
Yes you pay 50% of whats left in many cases
Is there a credit check on contract hire?
Yes in all cases and often its harder to pass on contract hire. Electric Van Finance Lease is slightly easier to pass