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High Reach Demolition Finance

Spread the cost of a high reach demolition excavator from £150,000 to £550,000+ with flexible finance options. HP, lease, or refinance, compare rates from 40+ lenders.

Can you finance a high reach demolition?

Yes, high reach demolitions 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 £150,000 to £550,000, and most deals are written over 36-84 months with a deposit of around 15-20%. Decisions typically take 3–5 working days. Used machines are financeable too, usually with a shorter term.

200+ UK lenders
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Typical Cost

£150k – £550k

Approval Speed

3–5 working days

Longer for bespoke conversion orders

Rates From

5.8% APR

What would a high reach demolition cost per month?

£300,000
10%
60 months
9%
£0

Your estimate

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

Pre-filled with a typical high reach demolition price. Indicative only, not a quote.

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Finance options

Hire Purchase (HP)

Rate
From 6.3% APR
Term
36-84 months
Deposit
15-20%
Ownership
Yours at the end
Best for
Established demolition contractors

Finance Lease

Rate
From 5.8% APR
Term
36-84 months
Deposit
None required
Ownership
Return or buy (balloon payment)
Best for
Tax efficient; claim payments against profit

Asset Refinance

Rate
From 6.6% APR
Term
24-60 months
Deposit
None required
Ownership
Release capital tied up in an owned machine
Best for
Contractors wanting to release capital from an existing high reach machine

Representative example

On a purchase price of £300,000: a 10% deposit of £30,000, then 48 monthly payments of £6,329 at 5.9% APR representative (fixed). Total amount payable £333,792, 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
Cat 385/390 High Reach Conversion £250,000 - £450,000 (specification class, price not independently verified) High Reach Excavator Conversion
Hitachi ZX870 40m High Reach Demolition Excavator, Kocurek Conversion Example listed at £298,500 40m High Reach Demolition Excavator
Volvo EC750 High Reach Demolition Excavator £300,000 - £500,000 (specification class, price not independently verified) High Reach Demolition Excavator
Ultra-High Reach 70m Conversion, Kocurek £400,000 - £550,000 (specification class, price not independently verified) Ultra-High Reach Demolition Excavator

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Tax benefits

High reach demolition excavators are plant and machinery and qualify for capital allowances in the ordinary way. UK specialists such as Kocurek typically convert an existing base excavator with a telescopic or fixed high reach boom rather than building a bespoke machine from scratch, and suppliers will often value and quote the base machine and the boom conversion separately. It is worth asking your accountant whether itemising the base machine and conversion separately on your finance agreement makes a practical difference to how the allowances are tracked, particularly if you might later separate the two, for example replacing the base machine while reusing a boom conversion.

Market context

High reach demolition excavators are bought by demolition contractors working on tall structures where a ground-level excavator or a demolition robot cannot reach the top, such as multi-storey buildings, chimneys, and industrial structures being taken down in a controlled, top-down sequence. The safety driver is similar to demolition robots and shotcrete robotic sprayers: keeping the operator and the point of demolition contact well clear of a falling or unstable structure, using boom reach rather than proximity to do the work, which is a working practice change rather than a claim about cost. Because UK specialists like Kocurek generally convert an existing large excavator base machine, working pin heights and reach vary considerably by base machine size, and the used market reflects both the base machine's own resale value and the specialist conversion work.

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.

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Frequently asked questions

What is a high reach demolition excavator, and how is it different to a standard excavator?
A high reach demolition excavator is a standard large excavator, typically in the 25 to 85 tonne range, fitted with a telescopic or extending boom conversion by a specialist such as Kocurek, giving working pin heights well beyond what the standard boom on that machine would achieve, in some cases up to around 70 metres. This lets a demolition contractor work on tall structures from ground level, using boom reach instead of scaffolding, a crane, or working at height on the structure itself.
Is the base excavator and the high reach boom conversion financed together or separately?
Most lenders finance the complete converted machine as a single asset on one agreement, since that is how it is typically bought and sold as a package. Some contractors do keep the value of the base machine and the boom conversion itemised separately in their own records, since this can be useful if you later want to replace or upgrade the base machine while reusing a working boom conversion, though this is a business decision rather than a standard finance product feature.
What working pin height do I need for my demolition contracts?
Working pin height depends on the height of the structures you typically demolish, and specialists like Kocurek offer a range of reach and base machine combinations to suit different structure heights. This is a specification question best answered by discussing your typical contract profile with a demolition equipment specialist, since choosing a boom significantly taller than you generally need adds cost without adding useful capability for most of your work.
Is used high reach demolition equipment available to finance?
Yes, used high reach demolition excavators do come to market, as shown by listed examples such as a used Hitachi ZX870 40m Kocurek conversion. Lenders finance used high reach machines in a similar way to new, though given the value involved, an independent valuation covering both the base machine condition and the boom conversion is generally expected before finance is agreed.
How quickly can I get high reach demolition finance?
Most applications are approved within 3 to 5 working days once a full supplier or seller quote is available, reflecting the higher value of this equipment compared with a standard excavator. Bespoke conversion orders, where the base machine and boom are being built to order rather than bought as a complete used machine, typically take longer given the manufacturing lead time involved.

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