Whether it's for weekend adventures, towing, or just tackling rough Aussie roads, a 4WD opens up possibilities that regular cars can't match. But they also come with a bigger price tag.
Here's what you need to know about financing a 4WD.
Why 4WDs Cost More (And Are Worth It)
4WDs are more expensive than regular cars because:
- More complex drivetrain — transfer cases, locking diffs, low-range gearing
- Built tougher — stronger chassis, suspension, and components
- More capable — designed to handle conditions that would strand a normal car
- Higher demand — Aussies love their 4WDs, keeping prices strong
The flip side is that quality 4WDs hold their value well. A well-maintained LandCruiser or Patrol can be worth serious money even with high kilometres.
Types of 4WD (And What They're Good For)
Full-Size 4WDs
Examples: Toyota LandCruiser 300, Nissan Patrol, Land Rover Defender
Best for: Serious off-roading, heavy towing, remote travel
Price range: $70,000 - $150,000+ (new)
Mid-Size 4WDs
Examples: Toyota Prado, Ford Everest, Isuzu MU-X
Best for: Family duties plus weekend adventures, moderate towing
Price range: $50,000 - $90,000 (new)
Dual-Cab Utes
Examples: Toyota HiLux, Ford Ranger, Mitsubishi Triton
Best for: Work and play, towing, carrying gear
Price range: $45,000 - $80,000 (new)
Compact SUVs (AWD)
Examples: Subaru Forester, Mazda CX-5, Toyota RAV4
Best for: Light off-road, gravel roads, winter conditions
Price range: $35,000 - $55,000 (new)
4WD vs AWD: What's the Difference?
4WD (Four-Wheel Drive): Usually part-time, with low-range gearing for serious off-road work. Can be switched between 2WD and 4WD.
AWD (All-Wheel Drive): Full-time system that's always engaged. Better for slippery roads but not designed for hardcore off-roading.
New vs Used 4WDs
Buying New
- Full warranty (important for complex 4WD systems)
- Latest safety tech
- No unknown history
- Higher price and faster depreciation
Buying Used
- Significant savings (4WDs depreciate less than sedans, but still meaningful)
- Need to check for off-road damage and wear
- Modified vehicles can be harder to finance
- Service history is crucial
Financing a 4WD
4WD finance works the same as regular car finance, but there are a few things to keep in mind:
Loan Amounts
4WDs often cost more, so you'll likely be borrowing more. Make sure your repayments are comfortable — don't stretch yourself too thin.
Loan Terms
Longer terms (5-7 years) keep repayments lower but cost more in interest. For expensive 4WDs, find the balance that works for your budget.
Modified Vehicles
If the 4WD has been modified (lift kits, bull bars, snorkels, etc.), some lenders may:
- Require an engineer's certificate for major modifications
- Not include the value of modifications in the loan
- Be cautious about heavily modified vehicles
Factory-fitted accessories are generally fine. Aftermarket mods can complicate things.
Older 4WDs
Classic 4WDs (older LandCruisers, Patrols, etc.) can be tricky to finance. Most lenders have age limits (e.g., car must be under 12-15 years old at loan end). If you're after an older classic, you may need a personal loan instead of secured car finance.
What to Check Before Buying a Used 4WD
- Service history — regular servicing is essential for 4WD systems
- Off-road damage — check underneath for dents, scrapes, and repairs
- 4WD system — test low range, locking diffs, and all modes
- Rust — especially underneath and in the chassis
- Suspension — worn bushes and shocks are common
- Tyres — uneven wear can indicate problems
- Modifications — are they quality? Are they legal? Are they engineered?
Running Costs
Budget for higher running costs than a regular car:
- Fuel — larger engines drink more, especially off-road
- Tyres — 4WD tyres are expensive, and you need 5 (including the spare)
- Servicing — more complex systems mean higher service costs
- Insurance — typically higher than equivalent sedans
- Rego — based on weight, so usually more expensive
The Bottom Line
A 4WD is a serious investment, but it opens up a world of adventure. Take your time to find the right vehicle for your needs, get it properly inspected, and make sure the finance fits your budget.
Ready to go off-road? Get a 4WD finance quote — we'll find you a competitive rate on your next adventure vehicle.
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