Tractor unit finance for standalone cab purchases is a common requirement for owner-drivers who already own a trailer, subcontract drivers building their own asset base, and small hauliers replacing a single unit within a fleet. Financing a tractor unit without a trailer requires lenders who understand the standalone asset value of modern cabs.
Who Finances Standalone Tractor Units?
- Owner-drivers acquiring their first or replacement cab
- Small hauliers purchasing an additional unit to expand capacity
- Subcontractors transitioning from employment to owner-driver status
Tractor Unit Finance Rate Guide - October 2026
| Unit Type | Rate Range (APR) | Term | LTV |
|---|---|---|---|
| New tractor unit (main brands) | 4.5-7% | 3-5 years | 90% |
| Used unit (under 3yr, low mileage) | 6-9% | 3-5 years | 85% |
| Used unit (3-6yr) | 7-11% | 2-4 years | 80% |
| Used unit (6-10yr) | 9-13% | 2-4 years | 75% |
| Adverse credit / start-up | 11-14% | 2-3 years | 65% |
Popular Tractor Units for Finance
Volvo FH, DAF XF, Scania R-series and Mercedes-Benz Actros are the most commonly financed tractor units in the UK. All have strong residual values and broad lender appetite. MAN TGX and Iveco S-Way are also readily financeable through our panel.
Worked Example - Used DAF XF Tractor Unit
| Detail | Figure |
|---|---|
| Asset | 2020 DAF XF 480 tractor unit, 580,000km |
| Purchase price | £55,000 |
| Deposit (15%) | £8,250 |
| Amount financed | £46,750 |
| Term | 36 months |
| Rate | 8.5% APR |
| Monthly payment | approx. £1,490 |