Operators planning to bid on lots in the crane auction by Manheim Auctions closing on 23 September 2026 can source crane truck finance from Jade Truck Loans. Auctions can present great opportunities to acquire vehicles and equipment at great prices. The upcoming auction of crane trucks to be held by Manheim is a liquidation auction which may present even greater opportunities for quality machinery purchases as everything would typically need to be sold. Reserves may be lower at liquidation sales!
The auction is being held at Manheim Newcastle with online bidding open and closing on 23 September. With the clock ticking, operators interested in making a bid to expand their fleet should be actioning financing plans while browsing the lots online.
To provide operators with the confidence to bid at auctions, we offer a pre-purchase finance approval service. Loan approval is arranged before the purchase is made. Consider the lots and place a call to Jade Truck Loans to start your application for crane truck finance.
Major Crane Auction – 66 Lots
Prospective buyers can review the lots up for sale at the event webpage. Lots include two 2019 models of the Grove GMK all terrain with varying specs, 2010 and 2011 models also from Grove, a 2012 Tadano all terrain crane truck model ATF 220G and a Liebherr LMT 1055-3 model year 2011.
Accessories up for sale include a crane cage, storage box for lifting equipment, bow shackles and slings, lever hoists and chain binders.
In addition to the cranes, a range of trucks are included in the sale. Vehicles from big names like Freightliner, Iveco, Isuzu and Kenworth are available to bid on now. There are even a few HiLux vehicles and a Nissan Navarra on the lot listings.
To be confident to place a bid and know how high you can go when the action heats up, you will want to know that you have secured financing.
Used Crane Truck Finance Options
Used trucks of all makes and models may be financed with the operator’s choice of asset financing facilities, where considered acceptable loan collateral by the lender. Most good quality second-hand vehicles bought at auction will be acceptable as finance security. Business owners can select from Truck Lease, Chattel Mortgage, Commercial Hire Purchase and Rent-to-Own Truck Loans. The same loan features, including tax deductions, apply for new and used truck loans, but rates and loan conditions can vary.
Different rates typically apply to used compared with new truck finance, and the amount approved for the loan may be less with used models compared with new. This may mean not all buyers at the Manheim crane auction will be approved to borrow the full purchase price. A deposit may be required, a possibility which may need to be kept in mind when bidding.
While rates and loan amounts will need to be individually quoted to suit the financials and credit profile of the business, operators can work up rough loan estimates using our Truck Finance Calculator with our current new vehicle loan rates. This may provide a guide to bidding limits but applying for pre-purchase finance approval is highly recommended when buying at auction.
Securing Finance for Major Crane Auction
When planning to buy vehicles at an auction, especially an online event, knowing a finance application has been approved and knowing the upper limit of the loan, is an essential requirement for most buyers, providing them with a limit to bid to and confidence to buy.
Applications for crane truck loans may be submitted for approval prior to a purchase. Two options may be sought – conditional approval or a firm offer.
Conditional approval is the lender approving an application for finance for a used vehicle without full specifications provided. The business financials and credit history are assessed and the operator is provided with conditional approval for a loan limit.
The ‘conditional’ reference means the loan details are conditional on the details of the vehicle which is to be financed. Where an operator is not 100% sure which vehicle they may bid on, conditional approval may provide confidence to bid with the loan limit known. The specifics of the loan including any possible variation in the interest rate, are finalised when the details of the successful bid are known.
To obtain a pre-purchase confirmed loan offer, the operator will need to provide specific details on the vehicle they intend to bid on. The auction house has provided extensive detail on each lot with photographs which can be included with the application.
Based on the vehicle details and business financials documents provided, lenders assess the application and may provide a loan offer which is valid for a set time period, which covers the timing of the auction.
With the auction now live, submit your crane truck finance application now and start bidding.
To secure affordable crane truck finance to bid on lots in the Manheim crane auction, connect with a Jade Truck Finance Broker 1300 000 003.
DISCLAIMER: THIS INFORMATION IS ISSUED PURELY FOR THE PURPOSE OF GENERAL INFORMATION PROVISION. IT IS NOT TO BE TAKEN AS THE ONLY SOURCE OF INFORMATION FOR BASING FINANCIAL DECISION-MAKING. THOSE REQUIRING FINANCIAL GUIDANCE AND ADVICE SHOULD CONSULT WITH THEIR FINANCIAL CONSULTANT OR ADVISOR. NO LIABILITY IS ACCEPTED FOR ANY MISREPRESENTATION OF POLICIES, DATA OR ERRORS IN THIS CONTENT.
