Lathe Finance
Spread the cost of CNC and manual lathes from £8,000 to £300,000+ with flexible finance options. HP, lease, or refinance — compare rates from 40+ lenders.
⚡60-second enquiry
🔒No credit check
📊200+ lenders
🇬🇧UK-based advisors
Typical cost range
£8,000 – £300,000
Average: £55,000
Finance available
HP · Lease · Refinance
From 4.6% APR
Approval speed
24–48 hours
Same-day for < £75k
Get Lathe finance quotes
Tell us what you need and we'll match you with lenders who specialise in manufacturing.
No credit check · No obligation · Free, instant comparison
Finance Options for Lathes
Hire Purchase (HP)
RateFrom 5.0% APR
Term12–72 months
Deposit10–20%
OwnershipYours at the end
Best for: Machine shops wanting to own the lathe outright
Finance Lease
RateFrom 4.6% APR
Term12–72 months
DepositNone required
OwnershipReturn or buy (balloon payment)
Best for: Tax-efficient — claim 100% of payments against profit
Operating Lease
RateFrom 5.3% APR
Term24–60 months
DepositNone required
OwnershipReturn at end
Best for: Upgrade to latest turning technology. Off balance sheet.
Popular Lathe Models & Costs
Mazak QT-250MSY£65,000 – £100,000CNC Turning Centre
DMG Mori NLX 2500£80,000 – £140,000CNC Lathe
Colchester Tornado A90£35,000 – £55,000CNC Lathe
Haas ST-20Y£45,000 – £70,000CNC Turning Centre
Tax Benefits of Lathe Finance
Lathes qualify for Annual Investment Allowance (AIA), letting you deduct the full cost from taxable profits in year one — up to £1,000,000. HP agreements allow capital allowances. Lease payments are fully deductible.
UK Lathe Market
The UK turning and machining sector is worth £4.5bn. CNC lathes account for 85% of new lathe sales in the UK. Multi-axis turning centres with live tooling are the fastest-growing segment.
Frequently Asked Questions
Asset Finance Calculator
Coming soon — pre-populated with Lathe average cost of £55,000