Pre-planning for 2024 TruckShowX – options for low/zero emission truck finance

With the next Brisbane Truck Show scheduled for next year – 2025, operators can look to attending TruckShowX in May in Victoria. While it may seem some way off, we all know how business can ramp up quickly as the year rolls on and suddenly you’re in a rush to get things done. Start the pre-planning now by securing accommodation, tickets at a early bird pricing and considering the options for low emission and zero emission vehicle financing.

Many operators across multiple industry sectors are now seriously looking at what is involved in decarbonisation of their fleet. According to the HVIA this increased interest in zero emission vehicles and the technologies emerging in the sector was highlighted at the 2023 Brisbane. Interest which motivate the HVIA to establish an event focussing on advice and insights into what is required to support the shift to a low/zero emissions transportation sector.

For those planning that shift, this is shaping up as a must-attend to source the information necessary to make key business decisions for their operation.

What is TruckShowX

Staged by the HVIA, this is a first for the Australian trucking and transport sector. The first event focussing on low and zero emissions transport. The format will include presentations with insights from global leaders in the field and case studies featuring Australian operators that are considered leaders in the area of decarbonisation.

In addition to the presentation segment of the program event will be an expo-style showcase of vehicles and technologies. Attendees will have the opportunity to drive these ZEV vehicles on the drive day.

The content of the presentations from operators who adopted these new technologies early – hydrogen, renewal diesel, battery, will provide insights on operational aspects as well as what is required in regard to skills, training, maintenance, service and infrastructure.

Event Details – Ticketing, Accommodation

This event will be over two days – 13 and 14 May 2024, at the Cape Schank Resort on the Mornington Peninsula in Victoria.

Registration is now open via the event website. Attendees can book their tickets and follow the link to book accommodation on-site  at the RACV Cape Schanck Resort in the tickets section of the event website.

This is sure to be a popular event and accommodation may be limited. So get in now and plan a great trip to Victoria this May to start your journey to decarbonising your operations.

In addition to the business sessions, a social program is planned with opportunities for networking.

What to Expect – Early Details on TruckShowX Showcase

Some details have been released as to the content and presenters. These include Hyzon Motors re hydrogen fuel cell vehicles and Revora’s ZEV refrigerated truck. Stay across the website for more details on presentations as they come to hand.

Open Discussions on Low Emission Vehicle Financing

While February is too early to get approval for pre-approved vehicle funding for May-June purchases, it is never too early to open discussions with one of our brokers around the options and how we can assist. Any decision to acquire new vehicles can be a major one and extremely dependent on the funding. When the acquisition is for new technology based vehicles, operators may have many questions around financing options.

Our highly experienced brokers are available to have those initial discussions and quell any doubts or queries regarding financing low and zero emissions vehicles.

In regard to funding products, the same asset acquisition funding products are used for financing both traditional diesel and emerging technology vehicles. As specialists in heavy vehicle credit, our brokers stay across industry developments to ensure they can match buyers of these vehicles with lenders that will make the best offers.

The selection of funding products includes Chattel Mortgage, Heavy Vehicle Leasing, Rent to Own and Commercial Hire Purchase. Standard tax deductions are available and operators may explore if they are eligible for any programs offered by state or Federal government for investment in low emission assets.

For operators looking to work up budgets for acquisition a few months in advance, our current interest rates may be used as a guide. Being mindful that the RBA has several meetings regarding the cash rate before May. RBA cash rate meetings for 2024 are now 6 weekly rather than monthly and will cover 2 days of discussions rather than the previous one. The first meeting for 2024 is 5-6 February.

New Operator Low Emission Truck Financing

Acquiring a low or zero emissions vehicle could be a great starting acquisition for an operator moving in to working for themselves as a sole trader or with a pty ltd set-up. Getting approved for funding as a new operator can be a challenge. Our brokers work with new operators to source workable no doc Truck Loan credit through our specialist lenders.

Discussions around financing for zero and low emissions vehicles can be opened with an online contact or phone call.  

Contact Jade Truck Loans on 1300 000 003 to open discussions around heavy vehicle finance ahead of TruckShowX in May.

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.