Spread the cost of a wheel balancer from £1,200 to £12,000 with flexible finance options. HP, lease, or refinance
Yes, tyre balancers 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 £1,200 to £12,000, and most deals are written over 12–48 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
£1k – £12k
Approval Speed
24–48 hours
Often financed alongside a tyre changer
Rates From
5.4% APR
Your estimate
Indicative only. Not a quote and not an offer of finance.
Pre-filled with a typical tyre balancer price. Indicative only, not a quote.
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For UK limited companies with 3+ months’ trading and monthly revenue.
On a purchase price of £4,000: a 10% deposit of £400, then 48 monthly payments of £84 at 5.9% APR representative (fixed). Total amount payable £4,432, 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 |
|---|---|---|
| Hofmann Megaplan ECO Atlas WB49 Wheel Balancer | £1,300 – £2,200 | Entry-Level Wheel Balancer |
| Hofmann Megaplan Megaspin 400-3 Wheel Balancer | £2,800 – £4,500 | Automatic Wheel Balancer |
| Hofmann Megaplan Junior Commercial Truck & Bus Balancer | £6,500 – £11,000 | Commercial Wheel Balancer |
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For UK limited companies with 3+ months’ trading and monthly revenue.
A wheel balancer 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.
Tyre bays, fast-fit chains and dealership workshops are the main buyers, usually alongside a tyre changer on the same finance agreement. Commercial variants are needed where a workshop services trucks and buses, since the wheel sizes and weights involved are well beyond a standard car balancer's rated capacity. Hofmann Megaplan is an established UK supplier across this range, from entry-level handspin units to fully automatic models with laser or sonar measurement. Replacement is generally driven by worn spindle accuracy and increasing average wheel weight, including from EV models with heavier wheel and tyre assemblies, and a secondhand market exists for car balancers in particular.
Some specialist lenders consider businesses with imperfect credit histories. You may need a larger deposit or personal guarantee, but options may be available. Fundably may use a soft credit check for matching, which does not affect your credit score. A hard check may happen if you choose to proceed with a lender.
Explore business funding options through Fundably.
For UK limited companies with 3+ months’ trading and monthly revenue.
See how lenders treat automotive workshop assets
Explore business funding options through Fundably.
Check Eligibility →For UK limited companies with at least 3 months’ trading and monthly revenue.