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Key Takeaways
- Ute finance rates in Australia start from around 5.99% per annum for established ABN holders with clean credit in 2026.
- ABN vehicle finance unlocks better rates and tax benefits than personal car finance for utes used in business.
- Low doc ute finance available up to $300,000 — ABN, licence and bank statements only.
- All ute brands financed: Ford Ranger, Toyota HiLux, Isuzu D-Max, Mitsubishi Triton, BYD Shark, GWM Cannon and more.
- Used utes from private sellers, dealers and auction all supported.
- Ute finance deals: We guarantee the best deal available in the market and our services are free — we're paid a "referral fee" by the lender after settlement, no cost to you.
The ute is the most popular work vehicle in Australia. For businesses buying utes under ABN, the finance options and tax benefits are compelling. This guide covers how to get the best ute finance deal in Australia in 2026.
Ute Finance Rates in Australia 2026
Business ute finance rates in Australia currently start from around 5.99% per annum for established ABN holders with clean credit financing new vehicles. Rates for used utes, short trading histories and adverse credit are higher.
Established ABN holder, new ute, clean credit
Established ABN holder, used ute (under 5 years)
New ABN or short trading history
Adverse credit
| Applicant Profile | Indicative Rate Range | Notes |
|---|---|---|
| Established ABN holder, new ute, clean credit | 5.99% – 7.5% | Best available rates from top-tier lenders |
| Established ABN holder, used ute (under 5 years) | 6.5% – 9% | Depends on age, km and condition |
| New ABN or short trading history | 8% – 12% | Low doc specialist lenders |
| Adverse credit | 11% – 16%+ | Specialist lenders, deposit helpful |
ABN Ute Finance vs Personal Car Finance
If you are buying a ute for business use under your ABN, business vehicle finance is almost always a better option than personal car finance. Key advantages include:
- Better rates — business lenders compete on commercial vehicle finance in a way that consumer lenders do not
- GST input tax credit — if you are GST-registered, you can claim the GST component of the purchase price in your next BAS
- Tax deductions on depreciation and interest to the extent of business use
- Instant asset write-off eligibility depending on the purchase price and ATO thresholds
Which Ute Brands Can Be Financed?
- Ford Ranger and Ranger PHEV
- Toyota HiLux and LandCruiser 70 Series
- Isuzu D-Max
- Mitsubishi Triton
- Mazda BT-50
- Volkswagen Amarok
- BYD Shark 6 (electric ute)
- GWM Cannon and Cannon Alpha
- LDV T60 and Deliver 9
- Nissan Navara
- Kia Tasman
Low Doc Ute Finance Under ABN
Low doc ABN ute finance allows eligible ABN holders to borrow up to $300,000 for vehicle purchases without tax returns or BAS statements. You need your ABN, driver's licence and recent bank statements. Ideal for tradies, sole traders and business owners who want a fast, simple approval.
Fleet Ute Finance
Businesses buying multiple utes benefit from fleet vehicle finance — a single application covering multiple vehicles, often at better rates due to volume. Fleet finance can cover all vehicles under one facility, making it simpler to manage and refresh the fleet.
How to Get the Best Ute Finance Deal
At Overdrive Funding, we compare 80+ lenders to find the most competitive ute finance deal for your profile. Our service is free. Compare ute finance rates today or call Simon for a free rate comparison.