Used truck finance comes down to one number lenders care about most: the truck's age at the end of the loan term. Here's how the rules work.
The end-of-term age rule
Most lenders cap the truck's age at the end of the loan, commonly around 12–15 years for many trucks (heavy prime movers can go older). So a 7-year-old truck on a 5-year term is usually straightforward; a 12-year-old truck may need a shorter term.
Rates and conditions on older trucks
Older or higher-kilometre trucks can attract a slightly higher rate, a shorter term, or a deposit — but they're very financeable, including private and interstate sales. Specialist and non-bank lenders are often more flexible than the majors here.
We know which lenders finance which ages and conditions, so we match your truck to the right one. Get an obligation-free quote on your used truck today.
Ready to compare cheap rates?
Free quote in minutes, decisions in 24–48 hours. No credit-score impact to enquire.