Lendus.

Jackhammer Finance

Jackhammers and demolition hammers cost from around £300 for a light electric breaker to £3,500 for a heavy hydraulic handheld unit, usually bought outright or bundled with other tools.

Can you finance a jackhammer?

Yes, jackhammers 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 £300 to £3,500, and most deals are written over 12-84 months with a deposit of around 10-20%. Decisions typically take 24–48 hours. Used machines are financeable too, usually with a shorter term.

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Typical Cost

£300 – £4k

Approval Speed

24–48 hours

Same-day for straightforward deals

Rates From

6.4% - 11.9% per annum

What would a jackhammer cost per month?

£900
10%
60 months
9%
£0

Your estimate

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

Pre-filled with a typical jackhammer price. Indicative only, not a quote.

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Finance options

Hire Purchase (HP)

Rate
6.9% - 11.9% per annum
Term
12-84 months
Deposit
10-20%
Ownership
Yours at the end
Best for
Businesses that want to have a breaker on hand for every job without hire delays

Finance Lease

Rate
6.4% - 10.9% per annum
Term
12-84 months
Deposit
None required
Ownership
Return or buy (balloon payment)
Best for
Businesses that want to spread the cost of several small power tools together; payments are usually deductible as an operating expense

Operating Lease

Rate
7.4% - 11.9% per annum
Term
24-60 months
Deposit
None required
Ownership
Return at end
Best for
Businesses that want to keep the jackhammer off balance sheet and upgrade regularly

Representative example

On a purchase price of £900: a 10% deposit of £90, then 48 monthly payments of £19 at 5.9% APR representative (fixed). Total amount payable £1,002, 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
Electric Breaker, 5-10kg class £300 - £600 Light Electric Jackhammer
Petrol Demolition Hammer, 10-13kg class £900 - £1,600 Petrol Jackhammer
Cordless Demolition Hammer, SDS-Max class £1,200 - £2,200 Cordless Jackhammer
Hydraulic Handheld Breaker, 20-28kg class £1,800 - £3,000 Heavy Handheld Breaker

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Tax benefits

A jackhammer is treated as plant and machinery for tax purposes, so it qualifies for the Annual Investment Allowance (AIA), letting a business deduct the full cost from taxable profits in the year of purchase, up to the current £1,000,000 annual limit. Companies buying new, unused equipment may also qualify for full expensing, a 100% first-year deduction against Corporation Tax. These allowances apply where you own the asset, so they are available under a Hire Purchase agreement. Under a Finance Lease or Operating Lease you do not own the jackhammer outright, so allowances are not claimed directly; instead the payments are generally deducted as a business expense against profits. Always confirm treatment with your accountant before committing to a structure.

Market context

Jackhammers are bought by demolition contractors, groundworkers and general builders who need to break concrete, tarmac or masonry regularly enough that owning beats repeat hire fees. Because the individual cost is low, most businesses buy outright or finance a jackhammer as part of a wider small power-tools package rather than as a standalone asset. Replacement is driven by wear to the piston and chuck from repeated impact use rather than age, and there is an active used and refurbished market since these tools are simple to service and widely available secondhand.

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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

Can I finance a used jackhammer?
It's uncommon to finance a single used jackhammer on its own, since the value is usually below most lenders' minimum finance amount. The practical route is to include it within a broader small-tools or plant finance package, which brings the total above the threshold and is how most contractors fund tools at this price point. Whatever the age of the jackhammer, a clear paper trail showing how it has been maintained and used will always work in your favour when negotiating price and terms.
What term suits a jackhammer's working life?
Jackhammers in daily use typically need replacing every 3-4 years as piston wear reduces impact energy. A shorter finance term matched to that cycle avoids paying for a tool past the point where repair costs exceed its value. Getting the term broadly right for a jackhammer matters more than chasing the lowest possible monthly payment, since a mismatch either strains cashflow early on or leaves you paying for a machine that has already become expensive to keep running.
Is a jackhammer eligible for Annual Investment Allowance?
Yes, a jackhammer is plant and machinery and qualifies for AIA when bought under Hire Purchase, though given the low cost most businesses simply expense it in year one regardless of funding method. AIA becomes more relevant when it's financed as part of a larger tools package. It is worth confirming the treatment with your accountant at the point of purchase, since claiming the allowance in the year you buy the jackhammer rather than spreading relief over several years can make a real difference to that year's tax bill.
What happens at the end of the agreement?
Under HP the jackhammer is yours once paid off. Given the low value, Hire Purchase is by far the most common structure for a tool like this, since there's little practical benefit to a lease on such a small asset. Which option suits best usually comes down to whether you expect to keep using this exact jackhammer for years to come, or whether you are likely to want a newer or different-specification machine within a few years.
Do I need a deposit?
Many lenders waive the deposit on a standalone jackhammer given the low amount. Where it's financed as part of a wider small-tools package, a 10-20% deposit is more typical, consistent with standard plant finance terms. If cash is tight when the jackhammer is needed, ask the lender whether the deposit can be reduced in exchange for a marginally higher rate; this is often negotiable, particularly for an established trading business.

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