Overdrive Funding arranges competitive UD 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.
UD sits within the Volvo Group and has a long Australian history, offering Japanese engineering with access to Volvo's parts and service infrastructure. That combination gives UD a supply and support position better than its market share alone would suggest.
UD models we finance
- Quon — heavy duty prime movers and rigids
- Croner — medium duty distribution and vocational
- Condor — medium to heavy rigid applications
- Tipper, pantech, crane truck and vocational bodies
- Ex-fleet and ex-lease units
- 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 UD resale means for your rate
UD residuals are steady rather than spectacular. Volume is lower than Isuzu, Hino or Fuso, so the used market is thinner and lenders have less data — which tends to show up as a slightly wider spread between lender quotes rather than as a barrier.
Volvo Group backing is a real advantage on an older unit. One of the questions a lender implicitly asks about any ageing truck is whether it can be kept on the road economically, and access to an established parts and service network answers that.
Who finances UD trucks
UDs are financed by general freight and distribution operators, tipper and construction businesses running Quon, waste operators, and regional carriers. The Croner is a common step-up for businesses outgrowing light duty.
UD 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 UD finance
Low doc (no financials) finance is available on UD 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 UD?
Because UD volume is lower, used stock is less plentiful and pricing can be sharper than equivalent Isuzu or Hino units — often a genuine value opportunity. Just be realistic that a thinner market cuts both ways: you buy well, and you may sell into a smaller pool.
Get a quote
Looking for the best rate on UD 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.