Trusted Financial Support
About PACCAR Financial
Finance Solutions Tailored for Your Business
PACCAR Financial has been a dedicated partner to Kenworth and DAF owners for over 45 years. Our experienced team provides innovative finance solutions tailored to meet your unique business needs. Whether you operate 1 or 100 trucks, PACCAR Financial will identify the right balance of finance products, term options and monthly payments for your business. We are committed to the trucking industry and your continued success.
“Throughout [our] history PACCAR Financial have been a key pillar in our long term success through good times and bad. We utilise both the Kenworth and DAF product right across all lines of business it makes up more than half of our overall prime mover fleet, so approximately 80 units overall with 25 units on order over the next 12 months we utilise the majority of the PACCAR range depending on the application.”
How To Finance
CHATTEL MORTGAGE
Flexible contract term ranging from 12 to 60 months
A residual value (balloon) may be applied to the loan enabling the monthly repayments to be tailored to a budget (max. 30%)
Fixed interest rates/monthly repayments
Deposit (either cash or trade-in) may be applied to the loan
A customer who is registered for GST can claim the GST contained in the dealer invoice as an input credit on their next Business Activity Statement (BAS)
No GST is charged on the monthly repayment or the contract balloon amount
Depreciation and interest may be claimed as a tax deduction
*We recommend you seek independent tax advice in respect of the finance product selected.
HIRE PURCHASE
Choice of term (loan length) ranging from 12 to 60 months
A residual value (balloon) may be applied to the contract enabling the monthly repayments to be tailored to a budget (max. 30%)
Deposit (either cash or trade-in) may be applied to the loan
Depreciation and interest may be claimed as a tax deduction
A customer who is registered for GST can claim the GST contained in the Hire Purchase agreement as an input credit on their next Business Activity Statement (BAS)
Since 1 July, 2012 Hire Purchase agreements have been a fully taxable supply, with GST payable on all components of the supply, including interest.
*We recommend you seek independent tax advice in respect of the finance product selected.
OTHER SERVICES
USED TRUCKS
PACCAR Financial finances quality used Kenworth and DAF products. Contact your local finance manager for more information.
REPAIR & MAINTENANCE
PACCAR Repair and Maintenance offers you an agreed price for the repair and maintenance needs of your truck, giving you full predictability of operating costs.
ENGINE RE-FINANCE
Looking to re-power your Kenworth or DAF truck? PACCAR Financial has got you covered. We offer customers finance for engines as part of their existing truck finance, saving you expensive downtime. Whether it’s during the term or at the end of your contract, PACCAR Financial can approve finance quickly to get you back on the road sooner. Don’t let engine issues slow you down, trust PACCAR Financial to keep you moving forward.
TRAILER FINANCE
PACCAR Financial offers you an extensive range of finance options to assist you when buying trailers. You may combine your loan to finance trucks with trailers and bodies. Ancillary equipment such as cranes, hydraulics, refrigeration units etc. can also be included. Speak with your Regional Finance Manager for details