Free Finance Tool
Plant & Machinery Finance Calculator
Instantly calculate monthly payments, total interest and cost per hour for excavators, telehandlers, forklifts, tractors, HGVs and any equipment.
Enter Finance Details
Input the purchase price and terms to see monthly payments & cost per hour.
UK Plant Finance Rates 2026
Typical APR (good credit)6.5–8.5%
Common term lengths48–72 months
Typical deposit10–30%
VAT treatmentUsually financed & reclaimed
Rates vary by credit, lender & asset type. Always compare quotes.
Manage All Your Equipment Finance
Compare quotes, track payments, depreciation, fuel & maintenance costs — all in one place.
- Save & compare multiple finance deals
- True cost per hour/km
- LOLER/MOT/service reminders
Financing Plant & Machinery in 2026 – What You Need to Know
With excavators, telehandlers, forklifts and dumpers often costing £50,000–£300,000+, choosing the right finance deal is critical for cash flow and profitability.
Current UK Plant Finance Rates
- Typical APR: 6.5–8.5% (hire purchase / finance lease)
- Common terms: 48–72 months (60 months most popular)
- Deposits: 10–30% (15–20% keeps payments manageable)
- VAT: Usually financed upfront, reclaimed quarterly by VAT-registered businesses
Quick Comparison Tips
- Always calculate cost per operating hour — monthly payments look different when spread over 800 vs 2000 hours/year.
- Bigger deposit = lower interest — but don’t tie up all working capital.
- Include VAT in finance if cash flow is tight — reclaim later.
- Compare total amount payable, not just monthly figure.
- Check balloon payments or residual values if offered.
Want to go beyond one-off calculations? FleetBolt lets you save multiple quotes, track actual payments, depreciation, fuel & full ownership costs — all linked to compliance reminders.
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