Overdrive Funding arranges competitive Scania truck finance for Australian businesses. We compare 80+ banks and specialist lenders, negotiate the deal and manage everything from start to finish — new or used, from dealers, private sellers or auctions anywhere in Australia.
Scania has built its Australian position on fuel efficiency, driveline longevity and driver comfort — a combination that appeals to operators running serious kilometres where a percentage point of fuel burn compounds into real money across a year.
Scania models we finance
- S Series — flagship linehaul prime movers
- R Series — linehaul and heavy haulage
- G Series — vocational, tipper and regional work
- P Series — distribution and urban applications
- XT range — construction and heavy vocational
- New, used, ex-fleet, dealer, private-sale and auction purchases
We only finance trucks located in Australia. See our truck finance options for the full picture, or compare used truck finance if you are weighing new against second hand.
What Scania resale means for your rate
Scania residuals are respectable but the buyer pool is narrower than the Japanese light-duty brands or Kenworth. That is not a problem — it simply means fewer lenders have deep data on the asset, so appetite varies more between lenders than it does for a mainstream truck.
This is precisely where comparing the market earns its keep. On a European prime mover, the spread between the sharpest and the least competitive lender is typically wider than on a high-volume Isuzu, because lenders that understand the segment price it properly and lenders that do not price defensively.
Who finances Scania trucks
Scanias are financed by interstate linehaul operators, refrigerated and express freight, bulk and tanker haulage, and increasingly by construction operators running the XT range. Fleets focused on fuel burn and driver retention are the core buyer.
Scania truck finance rates
Established ABN (2+ years), new truck, full doc
Established ABN, used truck, low doc (no financials)
Newer ABN (under 12 months)
Prior credit issues or specialist lending
| Borrower profile | Indicative rate | Typical deposit |
|---|---|---|
| Established ABN (2+ years), new truck, full doc | From 6.1% | $0 – 10% |
| Established ABN, used truck, low doc (no financials) | 7% – 10% | 10% – 20% |
| Newer ABN (under 12 months) | 9% – 12% | 10% – 30% |
| Prior credit issues or specialist lending | 12% – 15% | 20% – 30% |
Rates are indicative only and subject to lender assessment, asset age, term and your individual circumstances.
Low doc Scania finance
Low doc (no financials) finance is available on Scania trucks up to $500k for the right profiles, assessed on your ABN, GST registration, credit profile and the truck rather than tax returns or financial statements. It typically sits in the 7% to 10% range for an established business buying used. See our low doc truck finance guide.
New or used Scania?
Used Scanias in Australia are typically ex-fleet linehaul trucks with high kilometres but excellent maintenance. High kilometres alone should not scare you — a well-serviced highway truck is often in better mechanical condition than a low-kilometre unit that has spent its life in stop-start urban work. Lenders vary in how they weigh this.
Get a quote
Looking for the best rate on Scania truck finance? You're in the right place. Speak directly with Simon and our team for a free, no-obligation quote, or get a free quote online. Our service is completely free. We're paid by the lender only after a deal settles, so there's no cost to you—even if you choose not to proceed.