Lendus.

Body Shop Equipment Finance

Spread the cost of a full body shop fit-out from £10,000 to £200,000+ with flexible finance options. HP, lease, or refinance, compare rates from 40+ lenders.

Can you finance a body shop equipment?

Yes, body shop equipments are financed as a standard asset purchase, usually on hire purchase or a lease, with the machine itself acting as the security. UK prices typically run £10,000 to £200,000, and most deals are written over 12–60 months with a deposit of around 10–20%. Decisions typically take 24–48 hours. Used machines are financeable too, usually with a shorter term.

200+ UK lenders
2-minute application
No credit check to apply
FCA-regulated brokers

Typical Cost

£10k – £200k

Approval Speed

24–48 hours

Same-day for < £75k

Rates From

5.5% APR

What would a body shop equipment cost per month?

£50,000
10%
60 months
9%
£0

Your estimate

Indicative only. Not a quote and not an offer of finance.

Pre-filled with a typical body shop equipment price. Indicative only, not a quote.

Compare body shop equipment finance rates from 200+ lenders

Check Eligibility

Finance options

Hire Purchase (HP)

Rate
From 6.0% APR
Term
12–60 months
Deposit
10–20%
Ownership
Yours at the end
Best for
Body shops wanting to own their equipment outright

Finance Lease

Rate
From 5.5% APR
Term
12–60 months
Deposit
None required
Ownership
Return or buy (balloon payment)
Best for
Tax efficient; claim 100% of payments against profit

Operating Lease

Rate
From 6.3% APR
Term
24–48 months
Deposit
None required
Ownership
Return at end
Best for
Suits body shops refreshing equipment on a lease cycle. Off balance sheet.

Representative example

On a purchase price of £50,000: a 10% deposit of £5,000, then 48 monthly payments of £1,055 at 5.9% APR representative (fixed). Total amount payable £55,640, including the deposit. The rate you are offered depends on your business and the asset.

What buyers actually specify

Guide prices for sizing a finance agreement, not quotes. Manufacturers in this market mostly price on application, so where a current UK list price could not be confirmed the row describes a specification class rather than naming a model. Your supplier quote is what the agreement is written against.

Machine or specification Guide price Type
Chassis Alignment & Measuring Bench £15,000 – £35,000 Chassis Bench
Spot Welder for Body Repair £4,000 – £10,000 Spot Welding
Dent Pulling & Panel Repair Station £5,000 – £12,000 Panel Repair
Full Body Shop Equipment Package £60,000 – £150,000 Complete Body Shop

Ready to compare body shop equipment finance? 2 minutes, no credit check.

Check Eligibility

Tax benefits

Body shop equipment such as chassis benches, spot welders and panel repair tools is moveable plant and machinery and generally qualifies for Annual Investment Allowance, letting the cost be deducted from taxable profits in the year of purchase. HP agreements let you claim capital allowances directly; lease payments are deducted as a running cost instead. Fixed structural elements such as a spray booth or ventilation ducting are treated differently, as they become part of the building; see spray booth finance for that element of a body shop fit-out.

Market context

Body shop equipment covers structural repair equipment, chassis alignment and measuring benches, spot welders and dent pulling stations, distinct from the spray booth and paint mixing equipment used later in the repair process, and is typically financed and specified as its own package. Chassis alignment benches, which measure and correct structural damage to a vehicle after a collision, represent the largest single investment in most body shop equipment packages, and the required accuracy and vehicle coverage of the bench is often driven by insurer approval schemes, since many insurers require repairers to hold a specific accreditation and equipment standard to be approved for their referred work. Spot welders and other joining equipment increasingly need to handle a wider range of modern vehicle materials, including high-strength steel and aluminium, which has pushed many body shops to invest in equipment capable of working on both rather than steel-only equipment as vehicle construction has changed.

Bad credit?

Several of our 200+ lenders specialise in businesses with imperfect credit histories. You may need a larger deposit or personal guarantee, but options exist. Checking your options here does not affect your credit score, because we do not run a credit search to match you. A lender will run their own checks only if you decide to apply.

Compare rates from 200+ lenders, takes 2 minutes.

Check Eligibility

Frequently asked questions

Is body shop equipment financed separately from the spray booth?
Yes, typically. Structural repair equipment, chassis benches, welders and panel repair tools, is financed as its own package. A spray booth is usually a larger, fixed structural installation financed separately, often partly as equipment and partly as an unsecured loan depending on how it is built into the premises. Most body shops run both as related but separate finance agreements.
Does insurer approval affect what equipment I need?
For many body shops, yes. Insurers often require an approved repairer to hold specific equipment, such as a chassis bench meeting a stated accuracy standard, and relevant accreditation, to be eligible for referred repair work. This is a commercial and insurance industry requirement rather than a finance one, but it commonly shapes the specification a body shop chooses to finance.
Can body shop equipment handle both steel and aluminium repairs?
Increasingly, yes, but not all equipment does both by default. Aluminium repair requires dedicated, contamination-free tools and welding equipment separate from steel repair equipment, so a body shop planning to work on mixed-material vehicles should confirm with the supplier whether a machine handles both or whether separate aluminium-specific equipment is needed. A specialist broker comparing quotes across multiple lenders can usually confirm which product and rate best fits your specific circumstances within the same working day.
Can I finance body shop equipment for a leased premises?
Yes. Most body shop equipment, benches, welders and panel tools, is freestanding or bolted for stability rather than fixed to the building, so it is financed the same way regardless of the property arrangement. It is worth confirming floor loading and any anchoring needs with your landlord before a chassis bench installation. Keeping a copy of the relevant lease clause to hand when you apply can also speed up the lender's review, since a short remaining lease term relative to the finance term is one of the more common causes of delay on this type of application.
How quickly can I get body shop equipment finance?
Most applications are approved within 24 to 48 hours. For orders under £75,000, same-day approval is common. Full body shop packages running into six figures may take 3 to 5 working days while the lender reviews the full specification. Where a quote mixes new and used body shop equipment, or covers more than one site, it is sensible to allow a little extra time while the lender reviews the full specification before releasing funds.

Related equipment finance

More professional services finance

See how lenders treat professional services assets

Guides and resources

Ready to finance your body shop equipment?

Compare rates from 200+ lenders. No credit check.

Check Eligibility →
Check Eligibility, 2 min, no credit check