Rotary piling rigs cost from around £450,000 to £1,800,000 new, so almost every UK piling contractor finances rather than buys with cash.
Yes, piling rigs 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 £350,000 to £1,800,000, 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.
Typical Cost
£350k – £1800k
Approval Speed
24–48 hours
Same-day for straightforward deals
Rates From
5.4% - 9.9% per annum
Your estimate
Indicative only. Not a quote and not an offer of finance.
Pre-filled with a typical piling rig price. Indicative only, not a quote.
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Check EligibilityOn a purchase price of £750,000: a 10% deposit of £75,000, then 48 monthly payments of £15,821 at 5.9% APR representative (fixed). Total amount payable £834,408, including the deposit. The rate you are offered depends on your business and the asset.
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 |
|---|---|---|
| Bauer BG 12 | £550,000 - £750,000 | Rotary Piling Rig |
| Bauer RG 16 | £700,000 - £950,000 | Rotary Piling Rig |
| Bauer RG 25 | £900,000 - £1,300,000 | Rotary Piling Rig |
| Junttan PM Series | £450,000 - £650,000 | Piling and Pile-Driving Rig |
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Check EligibilityA piling rig 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 piling rig 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.
Piling rigs are bought exclusively by specialist piling and foundation contractors, because the cost and the skill needed to operate and maintain one rule out ownership by general contractors. Given the value involved, financing is close to universal in this sector; few businesses have the cash reserves to buy a rig outright without affecting their ability to bid for work. Replacement is driven by the mast, kelly bar and undercarriage reaching the point where refurbishment costs approach the price of a newer rig, and the used market is genuinely global, with UK contractors buying and selling rigs internationally depending on project demand.
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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