Truck Finance Melbourne
Morella Finance helps Melbourne business buyers arrange truck finance from $10,000 for dealer purchases and private sales. Whether you're replacing a delivery truck or adding a prime mover, I compare suitable options and handle the finance paperwork so you can keep your attention on work.
Set your budget before you shop
Get a borrowing budget sorted before spending your weekend looking at trucks. Tell me what your business does, how you'll use the truck and what repayments would fit your cash flow, and I'll work through suitable options with you. Same day pre-approval is possible, depending on your circumstances and the lender.
Allow for more than the advertised price. Fuel, tyres, servicing, insurance, registration and tolls all need room in the budget, along with any immediate repairs or body work. If you're buying used, keep some working capital available for downtime and maintenance rather than putting every spare dollar into the purchase.
A truck hauling containers from the Port of Melbourne has different demands from one delivering goods around Dandenong South or Laverton North. Let me know about the loads, distances and payment cycles involved. I'll recommend a finance structure, such as a chattel mortgage, and discuss the term, deposit and any final balloon payment before you commit.
Commercial Finance Repayment Calculator
Estimate your repayments. Adjust the sliders to match your situation.
Monthly repayment
$1,409
per month
Weekly
$325
Total repayment
$67,637
Estimates only. Your actual rate depends on your profile and lender. Get a real comparison.
Get my quoteAbout the starting rate
6.00% p.a. is a starting point for estimating repayments only. It is not a quote, not an offer of finance, and not a rate available to every applicant. Your actual rate depends on the lender, the asset, the loan term, the loan amount and your circumstances. Adjust to model scenarios.
What you can finance
Morella Finance arranges finance for new and used trucks bought for business use by ABN holders, including owner drivers and businesses adding to an existing fleet. Send me the truck's age, price and specifications so I can check which lenders will consider it.
Light trucks for trade work and local deliveries.
Pantech and curtain side trucks for freight and distribution.
Refrigerated trucks for temperature controlled deliveries.
Tippers for construction, landscaping and material transport.
Prime movers for heavier freight work.
Trucks with fitted work bodies, including trays and service bodies.
Buying from a dealer in Melbourne
You can compare truck stock around Dandenong South, including the Princes Highway area, along the Hume Highway in Somerton, and around Boundary Road in Laverton North. These areas give you places to start when looking at different sizes, body types and used stock.
Once you've found a truck, send me its details and the dealer invoice. I'll check the purchase against the lender's requirements, deal with the dealer on the finance paperwork and coordinate settlement. You stay involved in choosing the truck and agreeing on the price, while I handle the loan arrangements.
If the truck needs a body fitted or you're waiting on delivery, tell me early. I'll work through the proposed timing with the dealer and lender so you know what needs to happen before funds can be released.
Buying a truck through a private sale
If you've found a truck through another operator or a private advertisement, I handle the seller's finance paperwork through these steps.
Get pre-approved, then go and look at the truck.
Once you've inspected it and agreed on a price, send me the seller's details.
I contact the seller for ownership documents and run a PPSR search to check whether money is owed on the truck.
If the lender requires an inspection, I arrange it. Occasionally a valuation is needed too.
I prepare a private sale invoice for you and the seller to sign.
The lender pays the seller directly. Any existing finance is paid out at settlement.
Once the funds clear, you collect the truck.
Money owing on the truck isn't automatically a deal breaker. It is paid out at settlement so you receive clear ownership.
Victoria rules and paperwork
When buying a Victorian registered truck, you must notify VicRoads within 14 days of purchase. You'll generally need a roadworthy certificate unless an exemption applies, and VicRoads specifies a certificate issued less than 30 days before the sale for the standard transfer process. Check the certificate date before agreeing on collection.
Victoria charges motor vehicle duty when a vehicle is registered or transferred, unless an exemption applies. Goods carrying trucks fall within the non-passenger vehicle category, and the duty treatment differs for new and used vehicles. Duty uses the higher of the purchase price and market value, so allow for it when setting your total purchase budget.
If you're transferring the truck into a company name, you cannot finalise that transfer through a myVicRoads business account. It needs to be finalised at a VicRoads Customer Service Centre, and the company needs a VicRoads customer number. Tell me the purchasing entity early so the finance documents and invoice use the correct details.
One broker from enquiry to settlement
You speak with me throughout the loan, without being passed between staff. I compare options across Morella Finance's large panel of lenders, including specialist lenders, then explain the proposed repayments and requirements in plain English. Low-doc options are available for eligible self-employed buyers.
Morella Finance is based on the Gold Coast and works with Melbourne clients by phone and email. Call 07 2145 8323, Monday to Saturday, 8am to 6pm AEST, to talk through a purchase or request a free quote. Asking for a quote doesn't affect your credit file.
FAQs
Yes. Contact me before shopping in Dandenong South, Somerton or Laverton North, and I'll help establish your budget. Same day pre-approval may be possible, depending on your circumstances and the lender.
No deposit options are available, subject to lender approval and the truck being suitable. I'll check what's available for your business and explain the repayments so you can decide how much cash to retain for operating costs.
Yes, subject to the lender accepting the truck and purchase. An interstate registered vehicle cannot simply have its registration transferred into Victoria, so you'll need to arrange Victorian registration. Tell me where the truck is located before agreeing on collection.
Generally, a roadworthy certificate is required to transfer a registered truck unless an exemption applies. Confirm the certificate's timing with the seller before settlement, and consider a separate mechanical inspection to assess its condition for your work.
Yes, Morella Finance can help with truck refinancing from $10,000, subject to lender approval. Send me the truck details and information about the existing loan, and I'll compare suitable options and handle the payout paperwork if you proceed.