Hire Purchase Rates by GVW - November 2026
| GVW Class | New HP Rate | Used HP Rate | Term |
|---|---|---|---|
| 7.5t rigid | From 5.0% APR | From 5.5% APR | 2–5 years |
| 12t rigid | From 5.1% APR | From 5.6% APR | 2–5 years |
| 18t rigid | From 5.2% APR | From 5.7% APR | 2–5 years |
| 26t rigid | From 5.4% APR | From 5.9% APR | 3–5 years |
| 32t rigid (8-wheel) | From 5.5% APR | From 6.0% APR | 3–5 years |
| 44t artic (tractor unit) | From 5.5% APR | From 6.0% APR | 3–5 years |
| Refrigerated (all classes) | Add ~0.3% | Add ~0.3% | 2–5 years |
| Tipper/specialist body | Add ~0.2–0.5% | Add ~0.2–0.5% | 2–5 years |
Rates indicative only. Subject to credit assessment, trading history, asset type, operator licence status and lender criteria. Doulton Money Limited FCA No. 814533. Commercial vehicle finance is not regulated by the FCA. Rates correct November 2026.
Factors That Affect Your HP Rate
- GVW class - lighter trucks (7.5t) attract lower rates than heavier artics
- New vs used - used rates typically 0.4–0.6% higher than new
- Asset age - trucks over 5 years old attract higher rates; some lenders will not finance over 10 years
- Body type - standard bodies (curtainsider, box van) lower than specialist (concrete mixer, skip loader)
- Trading history - 2+ years with filed accounts typically needed for best rates
- Deposit - 10–20% standard; higher deposit can reduce rate and improve approval odds
- Credit profile - clean credit history attracts best rates