Asset · Equipment Finance

Tractor finance
for Australian
farmers

Finance for compact tractors, utility tractors, large 4WD tractors, and implements. We compare 50+ lenders, including rural specialists who understand how farming and lifestyle properties work.

Pre-approval in as little as 24 hours
🌾
Hobby farm and commercial pathways available
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50+ lenders compared in one application
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Implements and attachments can be bundled
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Free · No impact on your credit score
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Lenders compared
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Australian team

At EasyAsset, tractor finance is one of our core rural specialisations. Whether you are financing a compact hobby farm tractor, vineyard or orchard tractor, utility farm tractor, or a large 4WD articulated unit, we work with rural-specialist lenders who understand how Australian farming and lifestyle properties operate. We help clients navigate chattel mortgages for tractors, seasonal repayment loans, hobby farm finance, low-doc primary producer loans, and tractor and implements bundles every day. From a 25hp Kubota on a lifestyle block to a 400hp John Deere on a broadacre farm, we can finance it.

Finance options

Which type of tractor finance suits your situation?

The right structure depends on whether you are a commercial primary producer or a lifestyle property owner, your GST position, and whether you want to own the tractor outright. Here are the main options.

Chattel mortgageMost popular

You own the tractor from day one. Claim depreciation and interest as tax deductions. Best for GST-registered primary producers using the tractor primarily for business purposes. The most common structure for commercial farmers.

Finance lease

Lender owns it, you use it. Fixed lease payments, fully deductible as business expenses. Good for operations that prefer to upgrade to newer equipment at end of term. Works well for larger tractors where residual values matter.

Commercial hire purchase

Hire now, own at the end. Fixed repayments over the term, ownership transfers on final payment. Interest is deductible. A solid middle ground for established farming operations that want a fixed payment and eventual ownership.

Seasonal repayment loan

Repayments aligned to farm income. For commercial farmers who earn in seasonal cycles. Repayments are structured around your income calendar, such as post-harvest, rather than fixed monthly amounts. Available through rural-specialist lenders on our panel.

Hobby farm and personal finance

For lifestyle property owners without ABN or primary producer status. Hobby farmers and lifestyle block owners who are not registered for GST or running a commercial operation can still access tractor finance through consumer or personal loan pathways.

Tractor and implements bundle

Finance tractor and attachments together. Front loaders, slashers, ploughs, spray units, and three-point linkage implements can often be bundled into the same facility as the tractor, giving you one loan, one repayment, and one settlement.

Typical scenarios

3 typical tractor finance scenarios

From a compact hobby tractor on a lifestyle block to a large 4WD on a broadacre farm, here is how the numbers typically look across different buyer types.

Hobby farm
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$22,000
Kubota B2350 compact tractor with front loader — used
TypePersonal / hobby farm
Term5 years
Rate (est.)9.5% p.a.
DepositNone required
Approval pathPersonal income
Estimated monthly repayment
~$460
approximately $106 per week
Lifestyle block or hobby farm owner
No ABN or primary producer status required. Assessed on personal income. Implements bundled into same loan.
Commercial farm
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$95,000
New Holland T5.110 utility tractor — new
TypeChattel mortgage
Term5 years
Rate (est.)7.9% p.a.
DepositNone required
Approval pathLow or full doc
Estimated monthly repayment
~$1,928
or seasonal lump sums post-harvest
Mixed farm, livestock, or horticultural operation
GST input tax credit claimed upfront on next BAS. Seasonal repayment option available. Depreciation and interest deductible.
Large operation
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$380,000
John Deere 8R 370 4WD row crop tractor — new
TypeChattel mortgage
Term7 years
Rate (est.)7.4% p.a.
Deposit10%
Approval pathFull doc
Estimated monthly repayment
~$5,620
or structured seasonal repayments
Large broadacre or cropping enterprise
Full financials. GST input tax credit over $34,500 claimed upfront. Structured to align with grain income cycle.

Indicative repayments only. Actual rates depend on your profile, lender, and product. Speak to our team for a tailored quote.

Repayment calculator

Estimate my repayment

Adjust the sliders to estimate your repayments. Speak with our team for an exact quote based on your profile.

Loan amount $150,000
Loan term 5 years
Interest rate 7.9% p.a.
Repayment frequency
Estimated repayment
$3,034
per month
Loan amount$150,000
Total interest$32,057
Total repayable$182,057
Number of repayments60
Get an exact quote →
Indicative only. Actual repayments vary based on lender, credit profile, and fees.
Structure recommender

Not sure which structure is right for your situation?

Answer 4 quick questions and our recommender will suggest the best tractor finance structure for your situation, instantly, with no phone call needed.

Find your ideal tractor finance structure

4 questions · Takes about 30 seconds · Instant recommendation

Question 1 of 4

How would you describe your primary use of the tractor?

New vs used

New versus used tractors: what changes with finance?

Both are financeable and both are extremely common in Australia. The right choice depends on your budget, how hard the tractor will be worked, and whether you need implements bundled in.

New tractors
Used tractors
New tractorsLower rates
Better rates and longer termsNew tractors attract lower interest rates and terms up to 7 years. Lenders view them as lower risk, and manufacturer warranty included in the purchase further reduces lender concern about mechanical failure.
Instant asset write-off advantageEligible primary producers may write off the full purchase cost in year one under current ATO rules. This is particularly powerful for high-income years and can substantially reduce the effective after-tax cost.
Implements can be bundled at purchaseBuying new from a dealer makes it straightforward to bundle front loaders, slashers, and other implements into the same finance facility at the point of sale.
Manufacturer finance programs availableJohn Deere Financial, Kubota Finance, and New Holland Financial offer manufacturer-backed finance programs that EasyAsset can compare against our lender panel to ensure you get the best available deal.
Used tractorsBroader range
Well-maintained older tractors are absolutely financeableA 15-year-old tractor in excellent condition with 2,000 hours is very different to a 15-year-old machine with 8,000 hours. Lenders focus on condition and hours as much as age.
Hours of use are the key metricFor used tractors, hours of use matter more than model year. Most lenders have hour limits rather than age limits. A tractor with under 3,000 hours is generally strong.
Grey imports and Japanese compact tractorsJapanese compact tractors imported as grey market machines are common in Australia. Not all lenders will finance them. We work with lenders familiar with Japanese imports who understand compliance status requirements.
Pre-purchase inspection strengthens your applicationFor older tractors, an independent mechanical inspection report demonstrates due diligence to the lender and protects you from buying a machine with hidden issues.
Tax benefits

Tax benefits of financing a tractor in Australia

Tax treatment for tractor finance differs significantly depending on whether you are a commercial primary producer or a hobby farmer. Here is what applies to each.

01
Interest deductions for primary producers
Commercial primary producers can deduct the interest component of chattel mortgage repayments as a business expense, reducing taxable farm income across the full loan term. Combined with depreciation this materially reduces the real after-tax cost of the tractor.
02
Instant asset write-off for eligible primary producers
Under current ATO rules, eligible primary producers may write off the full cost of a new or used tractor in the year of purchase. This is a significant advantage in high-income years and can be combined with Farm Management Deposit strategy to optimise your tax position across seasons.
03
GST input tax credit for GST-registered primary producers
GST-registered primary producers claim the full GST on the tractor purchase on their next BAS. On a $95,000 tractor that is over $8,600 back in your cash flow immediately rather than spread across 5 years of repayments.
04
Hobby farmers and lifestyle property owners
Hobby farmers generally cannot claim business tax deductions on a tractor used for non-commercial purposes. However, if the property generates any assessable income, partial deductions may be available. Your accountant can advise on the specific treatment for your property and usage pattern.
05
Depreciation on tractor and implements
Both the tractor and financed implements are depreciable assets for primary producers. Bundling implements into the same finance facility ensures all assets are treated consistently from a depreciation standpoint from the time of purchase.
Eligibility

Who qualifies for tractor finance in Australia?

Tractor finance is accessible to commercial farmers, agricultural contractors, hobby farmers, and lifestyle property owners. The pathway differs depending on how you use the tractor.

Commercial primary producers with ABN
Farmers and graziers with an active ABN and primary producer status have access to the full range of business finance structures, including chattel mortgage, seasonal repayment loans, and low-doc facilities.
Hobby farmers and lifestyle property owners
Buyers without commercial primary producer status or ABN can still access tractor finance through consumer loan or personal finance pathways. Some specialist rural lenders cater specifically to hobby farm and lifestyle block buyers.
Seasonal and variable income accepted
Rural-specialist lenders understand that farm income is not monthly and consistent. Many accept seasonal income patterns and averaging across years. Low-doc pathways using bank statements and BAS are available for farmers without current tax returns.
Older tractors and high-hour machines
Well-maintained older tractors with low hours are regularly financed. Lenders look at condition and hours rather than model year alone. A 20-year-old tractor in excellent condition with 1,500 hours is often approvable.
Agricultural contractors and viticulturists
Contracting businesses, orchardists, viticulturists, and horticultural businesses all qualify under primary producer finance. Specialist tractors for vineyards and orchards are financed regularly.
No property security required
Tractor finance is asset-secured in most structures. You do not need to put your farm or lifestyle property on the line. The tractor itself is the collateral.
How it works

Pre-approved in 4 simple steps

1

Submit your details

Fill in the quick form above. No credit check, no commitment. Tell us what tractor you need, whether you are a commercial farmer or lifestyle buyer, and if you have implements to bundle. Takes about 2 minutes.

2

We match you to lenders

A specialist matches you to the best lender from our panel of 50+ based on your situation — primary producer pathway, hobby farm structure, or tractor and implements bundle.

3

Get pre-approved

Pre-approval in as little as 24 hours, so you can confirm your order with the dealer or private seller before the tractor is sold to someone else.

4

Settle and get to work

We handle the paperwork. Funds go directly to the seller and the tractor is yours. If implements are bundled, all items settle together under one facility.

Get a free quote →
No credit check · Takes 2 minutes · Pre-approval in 24 hours
FAQ

Tractor finance FAQ

What types of tractors can EasyAsset finance?+
We finance all tractor types: compact tractors, utility tractors, row crop tractors, orchard and vineyard tractors, 4WD articulated tractors, and hobby farm tractors. Both new and used, from all major brands including John Deere, Kubota, New Holland, Case IH, Massey Ferguson, Fendt, and Deutz-Fahr. Implements and attachments can often be bundled into the same facility.
Can I finance a tractor as a hobby farmer or lifestyle block owner?+
Yes. Hobby farmers and lifestyle block owners can access tractor finance, though the pathways differ from commercial primary producers. Without an ABN or primary producer status, the loan is treated as a personal or consumer loan. Some lenders specialise in hobby farm and lifestyle property equipment.
Can I bundle tractor implements and attachments into the same finance?+
Yes. Front loaders, slashers, ploughs, balers, spray units, and other three-point linkage implements can often be bundled into the same finance facility as the tractor, under one loan with one monthly repayment.
Can I finance a grey import or Japanese compact tractor?+
Some lenders will finance grey import tractors, but not all. It depends on the lender, the compliance status of the tractor, and whether it has been formally imported and registered. EasyAsset works with lenders who are familiar with Japanese compact tractor imports.
Can I finance an older or used tractor?+
Yes. Used tractors including older machines are commonly financed in Australia. Most lenders focus on condition and hours of use rather than model year alone. A well-maintained older tractor with low hours is often approvable. We work with lenders who understand the long working life of farm tractors and are flexible on age caps.
Why do Australian tractor buyers choose EasyAsset?+
We specialise in agricultural and rural equipment finance, comparing 50+ lenders in a single application including those who understand tractor depreciation, hobby farm pathways, older equipment, grey imports, and implements bundling. Our team knows which lenders offer seasonal repayments for commercial farmers and which cater to lifestyle property buyers.
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