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Tyre Changer Finance

Spread the cost of tyre changers and wheel balancers from £1,500 to £15,000+ with flexible finance options. HP, lease, or refinance, compare rates from 40+ lenders.

Can you finance a tyre changer?

Yes, tyre changers 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 £1,500 to £15,000, and most deals are written over 12–60 months with a deposit of around 10–20%. Decisions typically take 24 hours. Used machines are financeable too, usually with a shorter term.

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2-minute application
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Typical Cost

£2k – £15k

Approval Speed

24 hours

Same-day for < £10k

Rates From

5.3% APR

What would a tyre changer cost per month?

£4,500
10%
60 months
9%
£0

Your estimate

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

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

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Finance options

Hire Purchase (HP)

Rate
From 5.8% APR
Term
12–60 months
Deposit
10–20%
Ownership
Yours at the end
Best for
Garages wanting to own their equipment outright

Finance Lease

Rate
From 5.3% 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 6.0% APR
Term
24–48 months
Deposit
None required
Ownership
Return at end
Best for
Suits fast-fit centres refreshing equipment on a lease cycle. Off balance sheet.

Representative example

On a purchase price of £4,500: a 10% deposit of £450, then 48 monthly payments of £95 at 5.9% APR representative (fixed). Total amount payable £5,010, 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
Snap-on Sun STC5305 Tyre Changer £2,000 – £3,500 Semi-Automatic Tyre Changer
Snap-on SUN SWB100 Wheel Balancer £1,500 – £2,500 Digital Wheel Balancer
Snap-on Tyre Changer & Balancer Package £4,500 – £7,500 Combined Package
Run-Flat & Ultra-Low-Profile Tyre Changer £6,000 – £12,000 Specialist Tyre Changer

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Tax benefits

Tyre changers and wheel balancers are moveable plant and machinery and generally qualify 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.

Market context

Tyre changers and wheel balancers are financed by independent garages, fast-fit and tyre specialist centres, typically bought as a matched package rather than separately, since a garage offering tyre fitting needs both to complete the job. Specialist tyre changers designed for run-flat and ultra-low-profile tyres cost more than a standard semi-automatic changer but have become increasingly necessary as these tyre types become more common on newer vehicles, particularly at dealerships and workshops servicing premium vehicle brands. A busy fast-fit centre will typically finance more than one changer and balancer to run parallel bays at peak times, while a smaller independent garage offering tyre fitting alongside general repair work more commonly runs a single combined setup.

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

Can I finance a tyre changer and wheel balancer together?
Yes, and this is the most common way they are financed, as a combined package on one agreement, since a garage offering tyre fitting needs both machines to complete the job. Financing them together on the same supplier invoice is generally more straightforward and cost effective than financing each machine separately. 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.
Do I need a specialist changer for run-flat or low-profile tyres?
A standard semi-automatic tyre changer can struggle with run-flat tyres and very low-profile, large-diameter wheels found on many newer and premium vehicles. A specialist changer designed for these tyre types costs more but reduces the risk of wheel or tyre damage during fitting, which matters most for garages regularly working on the vehicle types that use these tyres. 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 more than one tyre changer for a fast-fit centre?
Yes. Most lenders will finance multiple changers and balancers to run parallel bays on a single agreement, provided everything is on the same supplier invoice. This is common for fast-fit centres designed to handle several vehicles at once during peak trading times. 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 used tyre equipment?
Yes, most lenders will finance used tyre changers and balancers, typically up to five years old, from an established garage equipment supplier. This is a common way for a new or growing garage to add tyre fitting capability on a tighter budget. It is worth asking the supplier for the equipment's service history and any remaining warranty before you apply, since this can affect both the rate offered and how quickly the lender is willing to approve the finance.
How quickly can I get tyre changer finance?
Most applications are approved within 24 hours. For orders under £10,000, same-day approval is common, which covers the majority of single changer and balancer packages. Multi-bay fast-fit orders may take slightly longer while the lender confirms the full supplier quote. Where a quote mixes new and used tyre changer, 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.

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