When essential garage equipment is needed, or your workshop is ready for an upgrade, draining your cash reserves and paying the full upfront cost isn't your only option.

In a world of EVs and ever-advancing ICE cars, garages need to have the equipment in-house to be able to meet the demands of modern vehicles, as well as more demanding customer expectations.

At Shire, we help UK garages finance equipment so any investment can be spread over an agreed period. Whether it's one ageing asset that's slowing down your work or you're looking to invest in several pieces of equipment, speak to the team about the finance options available to you today.

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What garage equipment can you finance?

Garage equipment finance can be a useful route when an essential asset such as a vehicle lift needs replacing or when a business wants to upgrade the capabilities of its workshop to meet the demands of modern vehicles.

With Shire you can finance equipment including vehicle lifts, diagnostic equipment, compressors, and much more.

Vehicle lifts

Diagnostic equipment

Compressors

MOT equipment

+ more

Not everything we finance is always listed, but if it makes business sense, we’ll finance it. Get in touch with the team today to discuss financing essential equipment for your garage.

Replace your equipment without paying the full cost upfront

Buying equipment outright can make sense when your garage has large reserves of cash for the investment and using it up won’t restrict other priorities. However, finance provides another option when the equipment needs replacing, but you’d rather avoid committing to the entire purchase price immediately.

By spreading the cost through agreed payments, your equipment investment is easier to plan against your other ongoing expenses.

The right choice, be it purchasing or garage equipment finance, depends on the equipment and the circumstances of your business, meaning the total finance cost and terms should still be considered before proceeding.

Already know what your garage needs?

Speak to our team about the equipment you’re looking to replace or upgrade and discuss the options available.

Get in touch
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Finance one replacement or plan a wider garage equipment upgrade

Every garage is different, and so are the problems it's facing. Finance from Shire is designed to work for you no matter what sort of garage equipment finance you’re after.

Sometimes, for instance, the investment starts with one piece of equipment that isn't performing as it did a few years ago, which is slowing down how many jobs can be completed in a day. Financing that one replacement can remove the need to delay a purchase because it's simply too expensive.

Other garages may reach a point where several assets bought all at once need attention at the same time. In that situation, finance can help to overhaul a lot more equipment.

No matter the proposed purchase, our experts at Shire can discuss what it is you’re looking for and if finance can help.

What happens when you enquire?

1

Tell Shire what you're looking to do

2

Discuss the appropriate finance route

3

Move the purchase forward

Replace or upgrade your garage equipment today.

Speak to our team about what your garage needs and discuss the finance options available.

Get in touch

Garage equipment finance FAQs

Finance can support many of the assets needed to operate or upgrade a modern garage, including vehicle lifts, MOT equipment, diagnostic systems and compressors. Shire’s team is more than happy to have a discussion about other assets if they are not listed here.
Yes, used or refurbished garage equipment can be considered for finance. Factors such as the asset’s age or expected working life can influence the available finance options, among other things. The best thing to do is get in touch with Shire and give our team as much information about the proposed purchase as possible so they can assess whether it's suitable for finance.
The time to arrange garage equipment finance will depend on a number of factors, including its value, your business, and the information needed to assess the application. Accurate details from the outset can help avoid unnecessary delays, and Shire will explain the process and keep businesses informed as the application progresses.
This depends on the type of finance agreement chosen. While some options are designed to lead to ownership once all required payments are made, others will work differently
It helps to have details of the equipment, the cost of it, and the supplier providing it. Shire will also need information about your garage and may request supporting financial documents for the proposed investment.
Yes, Shire can discuss finance for a single replacement or a wider workshop upgrade involving several assets, which could be useful if multiple pieces of equipment need replacing or you wish to expand the services your garage can offer.