Best EOFY 2023 construction equipment deals

While inflation and interest rate rises have affected spending habits of late, tradies or fleet owners are still going all out buying new equipment or vehicles, especially in the rush towards June 30, 2023, when the temporary full expensing measure is scheduled to end.

From July 1, the limit will be cut right down to $20,000, which is a massive reduction. While you can still purchase and claim a deduction on your assets post June 30, if your purchase is over the threshold, you will have to do it over several years instead of in one go.

What that means is, best get in quick and get your purchase in before June 30 to claim it all right away and increase your cashflow. Good news is, most dealers have decent levels of stock right now.

We scoured the web for the best tax time earthmoving machinery deals, and here’s what we found:

Caterpillar is running a series of finance deals across its small to medium equipment range, including mini excavators, wheel loaders and skid steers.

For mini excavators, the company is offering 4.99 per cent finance over 60 months for a number of models including the 313, 315, 317.

A 4.79 per cent (over 48 months with a 20 per cent deposit) finance offer is also available for customers looking to buy the following mini excavator models: 300.9, 301.5, 301.6, 301.7, 301.8, 302, 302.7, 303, 303.5, 304, 305, 306, 307.5, 308, 309, 310.

The same 4.79 per cent finance offer applies to select Cat tracked and skid steer loaders:

Skid Steer Loaders: 216, 226, 232, 236, 242, 246, 262, 272
Compact Track Loaders: 239, 249, 259, 279, 299, 289

Those looking to purchase wheel loaders can take advantage of Caterpillar’s 6.45 per cent finance offer for 60 months. This applies to the following models: 950, 962, 966, 972, 980, 982.

To be eligible for the offers above, customers must purchase and have the machine delivered before June 30, 2023.

For more information, visit Caterpillar Australia’s website.

Bobcat Australia is running offers across its construction and agriculture range covering tractors, telehandlers, tracked/skid steer loaders and excavators.

From now until June 30, finance offers for Bobcat equipment include:

Track and skid steer loaders – 3.99 per cent finance on all new track loaders and selected skid steer models. Eligible models include S590, S66, S650, S76, S770 and S850. Offer is available on a 36-month term and minimum 10 per cent deposit.

Related: Bobcat T76 compact-track loader review

Excavators - $3000 factory rebate on E17 (1.7-tonne) and E20 (2-tonne) excavators. A 3.99 per cent finance offer is available across the entire range of new Bobcat excavators, based on a 36-month term and 10 per cent deposit.

Tractors - $500 factory rebate on CT1025, CT2035, CT2040, CT4045 and CT4055.

Telehandlers – 3.99 per cent finance across the entire range including TL30.60, TL35.70, TL38.70HF, TL43.80HF and T40.180. Offer available on 36-month term and 30 per cent minimum deposit.

Visit Bobcat Australia's website to find out more.

Komatsu is offering a 4.79 per cent over 48 months finance offer on its Komatsu PC138US-11 or PC138USLC-11 excavator.

The machine will come equipped with 3D Machine Guidance, Payload, a Factory fit retrofit kit, 3-year Smart Construction Support subscription, 3-year Smart Construction Pilot access, technology advisor support, standard quick hitch, 4-year/8000-hour premium warranty and 2000-hour Komplimentary servicing.

To be eligible for the offer, customers will have to purchase the machine by June 30, 2023, and the unit will have to be delivered by July 31, 2023.

Visit Komatsu Australia's website for more info.

A 5.99 per cent finance offer is available on selected Kobelco mini excavators, namely the SK28SR-6, SK30SR-6 and SK35SR-6. The offer is over 36 months and no deposit.

Kobelco is also offering 2.99 per cent finance over 36 months and no deposit on its SK17SR mini excavator.

Customers will also get a standard 4-year/4000-hour full machine warranty with their mini excavator purchases.

To be eligible for the finance offers, customers need to have purchased the machines by June 30, 2023.

Go to Kobelco Australia's website to find out more.