Car transporter and vehicle carrier finance covers open multi-car transporters, enclosed vehicle carriers, race car transporters and roll-back recovery carriers. This specialist asset class benefits from dedicated broker expertise - not all lenders have appetite for vehicle carriers.
Types of Vehicle Financed
- Open vehicle carriers (2 to 9 car capacity)
- Enclosed car transporters (prestige and classic car specialists)
- Race car transporters (enclosed with living quarters)
- Roll-back and slide-bed car transporters
- Rigid and artic car transporter combinations
Rate Guide - October 2026
| Vehicle Type | Rate Range (APR) | Term | LTV |
|---|---|---|---|
| New open transporter (6-9 car) | 5.5-8% | 3-5 years | 90% |
| Used open transporter (under 5yr) | 7-11% | 2-4 years | 80% |
| Enclosed/prestige transporter | 7-12% | 3-5 years | 80% |
| Race car transporter | 9-14% | 2-4 years | 70% |
| Adverse credit | 12-16% | 2-3 years | 65% |
Key Lenders
Close Brothers - broad appetite for open and enclosed transporters, competitive rates for established operators.
Shawbrook - useful for used and older vehicles where mainstream lenders decline.
Aldermore - strong for adverse credit and businesses entering vehicle transportation.
Worked Example - 6-Car Open Transporter
| Detail | Figure |
|---|---|
| Asset | 2023 Lohr 6-car open transporter, 26t GVW |
| Purchase price | £95,000 |
| Deposit (15%) | £14,250 |
| Amount financed | £80,750 |
| Finance type | Hire Purchase |
| Term | 48 months |
| Rate | 7.5% APR |
| Monthly payment | approx. £1,950 |