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Tyre Fitting Machine Finance

Spread the cost of a garage tyre changer from £1,500 to £12,000+ with flexible finance options. HP, lease, or refinance, compare rates from 40+ lenders.

Can you finance a tyre fitting machine?

Yes, tyre fitting machines 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 £12,000, and most deals are written over 12–48 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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Typical Cost

£2k – £12k

Approval Speed

24 hours

Same-day for under £10k

Rates From

7.0% APR

What would a tyre fitting machine 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 fitting machine price. Indicative only, not a quote.

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Finance options

Hire Purchase (HP)

Rate
From 7.5% APR
Term
12–48 months
Deposit
10–20%
Ownership
Yours at the end
Best for
Garages and forecourt tyre bays wanting to own the machine outright

Finance Lease

Rate
From 7.0% APR
Term
12–48 months
Deposit
None required
Ownership
Return or buy (balloon payment)
Best for
Tax-efficient for a new garage bay or forecourt tyre service

Refinance

Rate
From 8.0% APR
Term
12–36 months
Deposit
None, releases equity
Ownership
Retained throughout
Best for
Releasing cash from an existing changer to fund a wheel balancer

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
Semi-Automatic Tyre Changer £1,500 – £4,000 Semi-Automatic Tyre Changer (specification class)
Fully Automatic Tyre Changer £4,000 – £8,000 Fully Automatic Tyre Changer (specification class)
Leverless Tyre Changer, low-profile/alloy specialist £7,000 – £12,000 Leverless Tyre Changer (specification class)

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Tax benefits

A tyre fitting machine usually qualifies for Annual Investment Allowance (AIA), letting a business deduct the full cost from taxable profits in the year of purchase, up to £1,000,000. HP agreements allow capital allowances to be claimed by the business making the payments. Lease payments are generally deductible against profits as a business expense rather than qualifying for AIA directly.

Market context

Tyre changers are bought by independent garages, forecourt tyre and service bays, and fast-fit tyre centres fitting and replacing tyres as a core or additional service. Finance is used because moving from a basic semi-automatic changer to a fully automatic or leverless machine, needed to handle the low-profile and larger alloy wheels increasingly common on modern cars without damaging them, is a meaningful step up in cost that many independent garages would rather spread than fund outright. Replacement is driven mainly by clamping and mechanical wear from daily use and by wheel sizes and tyre profiles on the road changing over time, which can leave an older machine struggling with wheels it wasn't designed to handle safely. The used market is reasonably active for semi-automatic machines, though buyers should check clamps, seals and hydraulics carefully, since a worn changer risks damaging alloy wheels and tyres, which quickly becomes a costly and reputation-damaging problem for a garage.

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

Do I need a leverless tyre changer for modern cars?
Not necessarily, but low-profile tyres and larger alloy wheels are more prone to damage on a standard changer, so garages doing a lot of work on newer or premium vehicles increasingly favour leverless machines to avoid costly wheel damage claims. If your customer base is mostly older or standard vehicles, a fully automatic changer without leverless capability is usually sufficient and considerably cheaper to finance.
Can I finance a tyre changer and wheel balancer as one package?
Yes, this is the most common way garages and forecourt tyre bays equip a bay, since the two machines are used together for every tyre job. Financing them as a single agreement against one supplier quote is simpler than two separate agreements, and suppliers often price the pair more favourably than buying each machine separately.
What deposit is typical for tyre changer finance?
Hire purchase deposits are usually 10–20%. This is fairly standard, widely used garage equipment, so lenders are often flexible on deposit even for newer businesses, though a personal guarantee is common without an established trading history. Established garages usually find more favourable terms available. Garages with an established trading history and a clear need for the equipment, such as replacing a machine that's failed, typically find lenders more flexible on the deposit required.
How quickly can I get tyre fitting machine finance approved?
Most applications under £10,000 are approved within 24 hours, and same-day approval is common. This matters for garages replacing a failed changer, since a tyre bay without a working machine quickly loses trade to a competitor down the road. Having your supplier's quote ready when you apply, rather than requesting one afterwards, is usually what determines whether approval comes back the same day or takes a little longer.

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