Overdrive Funding helps Australian tradies access competitive vehicle finance. 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.
Your vehicle is your workshop, your storage and your advertising. For most tradies it is the second biggest purchase the business makes after the tools, and the fit-out often costs as much as a small car on top of the vehicle itself.
What tradies finance
- Dual cab and single cab utes — HiLux, Ranger, D-Max, Triton, Cannon
- Vans — Transit, Sprinter, Transporter, Deliver 9, Staria Load
- Canopies, trays, racking, shelving and toolboxes
- Trailers — box, plant and enclosed workshop trailers
- Second and subsequent vehicles for employees and apprentices
- New, used, ex-fleet, dealer, private-sale and auction purchases
We only finance vehicles located in Australia. See our business vehicle finance page for the full range, rates and how approvals work.
Finance the fit-out with the vehicle
This is the single most useful thing to get right. A canopy, racking and toolbox package can add $10,000 to $15,000 to a ute, and it can generally be financed in the same facility where it is fitted at purchase and appears on the same invoice. Paying cash for the fit-out after settlement drains exactly the working capital you need for materials and wages.
What tradies get caught by
Two things. First, buying the vehicle outright and having nothing left for the three months it takes a new hire to become profitable. Second, taking the dealer's finance because it was in front of you — dealer quotes are presented as a monthly repayment, not a rate, which makes comparison difficult by design.
Rates and deposits
Established ABN (2+ years), new vehicle, full doc
Established ABN, used vehicle, 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 vehicle, full doc | From 6.1% | $0 – 10% |
| Established ABN, used vehicle, 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% |
Low doc (no financials) business vehicle finance is available up to $300k for the right profiles. Deposits generally range from 10% to 30%, with $0 deposit available on stronger applications. Rates are indicative only and subject to lender assessment.
Get a quote
Looking for the best rate on vehicle finance for your business? 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.