Truck Finance Australia | Calculator, Rates & Eligibility
AUSTRALIA’S TRUCK FINANCE SPECIALISTS

Commercial Truck Finance
Australia

Compare commercial truck finance for new and used rigids, prime movers, trailers and fleets. Assess chattel mortgage and lease pathways by truck age, seller, deposit, business profile, term, balloon and total cost before authorising a lender application.

1300 134 596
New + used
Truck pathways
Dealer + private
Seller types assessed
Australia-wide
Remote service
No fee
Charged to you

Estimate Repayments, Then Check Lender Fit

Repayments are only one part of the decision. Truck age, seller, deposit, business history, financial evidence and credit profile can all change the lenders, rates and terms available.

Truck finance repayment calculator

No signup
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Balloon due

Illustrative principal-and-interest estimate only. It excludes establishment, broker, PPSR, documentation and other fees and is not a quote or approval. Change the example rate to stress-test the repayment.

Prepare the application before it is submitted

BusinessABN and entity, trading history, industry, contracts and existing commitments.
FinancialsBAS, bank statements, tax returns or other evidence required by the selected lender.
TruckAge, kilometres, condition, specification, fitout, valuation and expected end-of-term age.
TransactionDealer or private seller, invoice, deposit, term, balloon, intended business use and settlement timing.
Have these ready

Driver licence, ABN/entity details, truck invoice or listing, requested amount and seller details. Do not send bank statements or tax documents until the broker confirms which lender pathway is being assessed.

1Define the purchase

Truck, fitout, seller, price, deposit and required date.

2Check policy fit

Assess applicant, evidence, asset age and transaction type.

3Compare written terms

Rate, fees, repayments, balloon or residual and total payable.

4Authorise submission

Submit to an agreed lender, then complete asset and seller checks.

Finance Calculator by Truck Model

Model examples use a fixed 6.69% p.a. assumption, five-year term, no fees and no balloon for like-for-like illustration. They are not current advertised rates or quotes. Confirm the truck price and test the actual quoted rate.

Isuzu

View all Isuzu models →

Hino

View all Hino models →

Fuso

View all Fuso models →

Heavy Truck Brands

What Determines a Truck Finance Rate?

A headline rate is not enough. Compare fees, financed amount, balloon or residual and total amount payable using the same transaction assumptions.

Pricing factor What a lender may assess What to compare
Applicant strength Trading history, financial evidence, credit profile and existing commitments Whether the quoted tier matches the submitted information
Truck and seller Age, kilometres, condition, specification, valuation and dealer or private seller Age-at-end-of-term limits and any valuation or deposit requirement
Structure and term Loan or lease, requested term, balloon or residual and repayment frequency Scheduled repayment and total payable over the complete term
Fees and security Establishment, documentation, PPSR, broker or other fees and guarantees Comparison rate where applicable and every fee in the written offer

Use the estimator above to test a rate scenario. An actual rate can only be established after a lender assesses the application and transaction.

Why Finance Your Truck Through AFA?

Commercial Finance Specialists

We specialise exclusively in commercial asset finance — trucks, equipment and machinery. Not personal loans. Not home loans. Our brokers know commercial lending.

Broad Lender Panel

We assess relevant lenders whose current policy fits the applicant, asset, seller and requested transaction. We do not compare every lender or product in the market.

Application Requirements Explained

We explain the required information before submission. Assessment and settlement timing depends on the lender, application, truck and seller checks.

Australia-Wide Service

Finance for businesses in every state and territory. Regional and remote operations are welcome. See our transaction and fleet guidance for truck finance in Tasmania and Hobart.

Finance for Owner Drivers & Sole Traders

Own your own truck, run your own freight or delivery work. Whether you’re starting out or upgrading, AFA matches owner drivers with lenders that understand new ABNs, low-doc applications and sole trader tax structures.

  • Newer ABNs may be considered under narrower lender policy
  • Evidence can include contracts, BAS, bank statements or tax returns
  • Truck age, seller and requested amount affect policy fit
  • A deposit may be required depending on the complete scenario
Owner driver finance guide →

Tax Benefits of Financing a Truck

Tax treatment depends on the business, structure, asset use and current rules. Confirm the position with an accountant before relying on a deduction or GST credit.

  • GST credit — may apply to the creditable business-use portion
  • Interest — eligible business-use amounts may be deductible
  • Depreciation — method and eligibility depend on current rules
  • Depreciation rules — thresholds and eligibility vary by income year, turnover, asset cost and use
Full tax benefits guide →

Truck Finance FAQs

We arrange finance for all major truck brands sold in Australia — including Isuzu, Hino, Fuso, Kenworth, Volvo, Scania, Western Star, Mercedes-Benz Trucks, DAF, UD Trucks and more. New and used vehicles are both eligible.

There is no universally best structure. A chattel mortgage can suit operators wanting ownership from settlement, while lease structures can suit different cash-flow and replacement objectives. Compare total cost, end-of-term obligations and eligible tax treatment for the business.

Some eligible established businesses may be considered without a deposit. A deposit can be required because of trading history, credit profile, truck age, seller, asset type or requested amount.

Assessment and settlement timing depends on the lender, application completeness, asset and seller checks.

Owner drivers may be eligible, but an active ABN alone does not establish approval. Lenders can assess trading history, contracts, financial evidence, credit history, deposit, truck and seller. See our owner driver guide →

Rates vary with truck age and type, seller, term, deposit, ABN age, financial evidence and credit profile. Use the calculator for indicative scenarios, then compare the actual rate, fees, balloon and total amount payable in a written offer. See the truck finance rates guide →

Newer trucks can qualify for broader lender policy and longer terms. Older or specialised vehicles may require valuations, deposits or shorter terms. Compare warranty, condition, kilometres, downtime risk and total acquisition cost. Read the full new vs used truck finance guide →

Trailer units, body fitouts, refrigeration equipment, toolboxes and other accessories may be included if the lender accepts the complete asset, supplier and invoices. Confirm ownership, installation timing and tax treatment before settlement.

An active ABN is generally required for business-purpose truck finance, but an ABN alone is not approval. Lenders may also assess trading history, financial evidence, contracts, credit history, deposit, truck and seller.

A balloon payment is an optional lump sum at the end of your loan term. Setting a balloon — typically 10–30% of the truck’s price — reduces your regular repayments during the term. At the end you can pay it from cash flow, refinance it, or sell the truck and use the proceeds. Unlike a finance lease, a chattel mortgage balloon has no ATO minimum residual, so you can set it at 0% if you prefer to own the truck outright. See the balloon payment guide →

GET STARTED TODAY

Ready to Finance Your Truck?

Prepare the truck, seller and business details needed to review relevant lender pathways. No lender application or credit enquiry is made without your authorisation.

Prepare Your Truck Finance Enquiry

Send the transaction details for review. Enquiring does not itself create a lender submission.

No lender submission without authorisation · Relevant panel options only

Reviewed by David Blackman — Specialist Asset & Equipment Finance Broker, 20+ years banking & fleet experience. Last reviewed: 8 August 2026.

This page is general information only — not tax, legal or credit advice. Confirm tax treatment with your accountant. See the ATO on GST credits and Moneysmart (ASIC).