trucks · Equipment & asset finance
Concrete agitator finance
Agitators are almost always bought against a plant contract. We look at the agreement, then structure the finance so the repayment fits your cubic metre rate.
What is concrete agitator finance?
Concrete agitator finance is funding for a truck fitted with a rotating drum that carries wet concrete, secured against the vehicle. Agitators are usually bought by owner-drivers contracting to concrete plants in Australia, and lenders will normally want to see the cartage agreement behind the purchase.
The agitator owner-driver model is well established in Australia. A concrete plant contracts drivers who own their trucks, pays per cubic metre delivered, and provides the work and often the livery. It is a predictable way to run a truck, but margins are tight and utilisation depends entirely on how busy the plant is, which follows the construction cycle. Drivers usually carry fuel, tyres, servicing and insurance themselves, so the true cost per load is higher than it first appears.
That makes finance structure important. A term that lines up with the expected contract period, and a repayment sized on conservative rather than peak volumes, protects you when construction slows. Lenders will look at the agreement, your driving history and your credit file. Where you already own a truck outright, a sale and leaseback can release capital for a second unit, but compare the total cost carefully before going that route.
Concrete agitator finance at a glance
| Typical price range | $90,000 – $400,000 |
|---|---|
| Finance term | Up to 84 months |
| Useful life | About 15 years |
| New or used | Used agitators come out of plant fleets regularly and are readily financed; new builds are typical where a specific drum size or livery is required by the plant. |
| Indicative rates (Chattel mortgage) | 6.9% – 14.5% p.a. · rate history |
| Finance structures | Chattel mortgage (recommended), Truck finance, Equipment loan |
How lenders assess concrete agitator finance
Because agitator work is contracted, lenders treat the cartage agreement as a key part of the application. An owner-driver with a signed agreement from a recognised concrete supplier is a much stronger proposition than a speculative buy. Drum condition, blade wear and the chassis under it drive valuation, and lenders know agitators work hard in a corrosive environment. Deposits of 10 to 20 per cent are common for first-time owner-drivers. Age limits usually require the truck to be under 15 years at term end.
Before you buy
- Inspect the drum internally for blade wear and build-up — reblading a drum is a significant cost and takes the truck off the road.
- Check chassis and cross-member corrosion carefully, since concrete and washdown water are hard on steel.
- Confirm the drum capacity and livery requirements with the plant you will contract to before committing to a build.
Commonly financed
Kenworth T359 agitator · Isuzu FVZ 260-300 agitator · Iveco Acco agitator · Mack Metro-Liner · Hino 700 Series FS agitator
Estimate concrete agitator repayments
- Number of repayments
- 60
- Balloon at end of term
- $49,000
- Total interest (est.)
- $69,353
- Total repaid (est.)
- $314,353
This calculator provides an estimate only and does not account for fees, charges or the specific terms a lender may offer. It is not financial advice or an offer of finance.
Key terms
What is concrete agitator finance?
Concrete agitator finance is a secured loan or lease used to buy a concrete agitator truck, with the vehicle as security. Terms usually run 48 to 84 months and lenders commonly ask to see the cartage agreement with the concrete plant.
What is an agitator owner-driver?
An agitator owner-driver owns and operates their own concrete truck while carting exclusively or primarily for one concrete supplier under a cartage agreement. The driver carries the vehicle and running costs and is paid per cubic metre or per load delivered.