Lendus.

Utility Vehicle Finance

Spread the cost of farm utility vehicles from £9,000 to £35,000+ with flexible finance options. HP, lease, or refinance, compare rates from 40+ lenders.

Can you finance a utility vehicle?

Yes, utility vehicles 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 £9,000 to £35,000, and most deals are written over 12–60 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

£9k – £35k

Approval Speed

24–48 hours

Same-day for < £100k

Rates From

5.0% APR

What would a utility vehicle cost per month?

£18,000
10%
60 months
9%
£0

Your estimate

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

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

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Finance options

Hire Purchase (HP)

Rate
From 5.4% APR
Term
12–60 months
Deposit
10–20%
Ownership
Yours at the end
Best for
Farms wanting to own the utility vehicle outright

Finance Lease

Rate
From 5.0% APR
Term
12–48 months
Deposit
None required
Ownership
Return or buy (balloon payment)
Best for
Tax-efficient, spreads the cost of a daily-use farm vehicle

Operating Lease

Rate
From 5.8% APR
Term
24–48 months
Deposit
None required
Ownership
Return at end
Best for
Farms wanting a cabbed, all-weather vehicle without a large upfront cost

Representative example

On a purchase price of £18,000: a 10% deposit of £1,800, then 48 monthly payments of £380 at 5.9% APR representative (fixed). Total amount payable £20,040, 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
Polaris Ranger 570 £9,500 – £14,000 Side-by-Side Utility Vehicle
Kubota RTV-X1110 £21,500 – £26,000 Diesel Utility Vehicle
Can-Am Defender HD10 £16,000 – £24,000 Side-by-Side Utility Vehicle
Kubota RTV-X1140 Cab £26,000 – £35,000 Cabbed Diesel Utility Vehicle

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Tax benefits

Farm utility vehicles qualify for Annual Investment Allowance (AIA), letting you deduct the full cost from taxable profits in year one, up to £1,000,000. HP gives access to capital allowances; lease payments are fully deductible from farming profits where used for business purposes.

Market context

Utility vehicles, sometimes called side-by-sides or UTVs, have become a common alternative or addition to a quad bike on livestock, dairy, and mixed farms, offering a cab and load bed for stock checking, fencing, and feeding tasks in all weather. Buyers range from a smaller petrol side-by-side on a family farm through to a diesel cabbed model used daily on a larger livestock unit, and because they're used year-round rather than seasonally, replacement tends to follow hours and general wear rather than a fixed cycle. The used market for the well-known Kubota, Polaris, and Can-Am ranges is active, supported by strong dealer networks and parts availability across the UK.

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

What's the difference between a quad bike and a utility vehicle for finance purposes?
A utility vehicle, sometimes called a side-by-side or UTV, offers a cab and load bed rather than the saddle seating of a quad bike, and the two are financed in the same way, through hire purchase, a finance lease or an operating lease. The choice between them comes down to how the farm plans to use it, a UTV suits stock checking, fencing and feeding tasks in all weather thanks to its cab, while a quad remains cheaper and more manoeuvrable for some jobs, which affects the amount financed rather than the finance structure itself.
Can I finance a used utility vehicle?
Yes, used utility vehicles can be financed, and the used market for the well-known Kubota, Polaris and Can-Am ranges is active, supported by strong dealer networks and parts availability across the UK. Lenders will want to see the vehicle's hours, since it is typically used year-round rather than seasonally and replacement tends to follow hours and general wear rather than a fixed cycle. A vehicle bought through an established dealer with service records is generally easier to finance.
Do I need a road-legal specification to finance a utility vehicle?
No, road-legal specification is not a requirement for finance itself, lenders will finance both an off-road farm specification and a road-legal model in the same way. Whether you need road-legal registration depends on how you plan to use the vehicle, for example if it will travel on public roads between fields or holdings, which is a road traffic and licensing question for you to confirm separately from the finance. It's worth telling your broker which specification you're buying so the quote and any attachments are financed correctly.
Can a utility vehicle be financed alongside a trailer or attachments?
Yes. A utility vehicle is commonly financed together with a trailer or attachments such as a sprayer unit or feed hopper on the same agreement, provided the supplier's quote sets out each item clearly. Financing them together as one facility is usually simpler than separate agreements, since the lender assesses one specification and one delivery schedule rather than several smaller purchases spread over time, which suits farms setting up a UTV for a specific job from day one.
What deposit is typical for a utility vehicle?
Hire purchase typically asks for a deposit of around 10 to 20% of the vehicle's cost, with the balance spread over the agreed term and ownership passing to you at the end. A finance lease or operating lease usually needs no deposit, since the lender's security is the vehicle itself, which some smaller farms prefer given the vehicle's relatively modest cost compared with other farm machinery. The deposit level also depends on whether the vehicle is new or used and your farm's trading history.
What happens if I want to sell or upgrade the utility vehicle before the agreement ends?
The vehicle remains the lender's security until the agreement is settled, so it cannot be sold or part-exchanged without first clearing the outstanding balance, usually done from the sale or part-exchange proceeds. This is a common consideration given how many farms replace a UTV on hours and general wear rather than a fixed cycle, and most lenders will provide a settlement figure on request and roll any shortfall into a new agreement for a replacement vehicle.

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