From pavers and rollers to milling machines and asphalt distributors, the right equipment can make or break your paving jobs. But investing in asphalt equipment comes with hefty upfront costs. That’s why more contractors are turning to asphalt paving equipment leasing strategies to stay competitive, maintain flexibility, and preserve cash flow.
Can you lease asphalt paving equipment?
Yes, you can lease asphalt pavers, rollers, and other paving equipment to reduce upfront costs, access new models, and scale efficiently.
New asphalt pavers can cost $100,000 to $400,000+, depending on size and brand. Rather than drain capital, leasing allows you to:
Start jobs immediately with little or no down payment
Upgrade frequently to meet evolving DOT requirements
Bundle maintenance and service into monthly payments
Write off lease payments as business expenses
Adapt to seasonal or project-based workloads
Related: How Equipment Financing Can Boost Your Company’s Cash Flow
Most leasing companies and dealers offer options for:
Asphalt pavers (tracked or wheeled)
Vibratory rollers and compactors
Cold planers/milling machines
Asphalt distributors and tack sprayers
Reclaimers and stabilizers
Sealcoat machines
✅ You can also lease support gear, like trailers, skid steers, or fuel tanks.
Lower monthly payments
Ideal for short-term or seasonal jobs
Equipment is returned or upgraded at end of term
Off-balance-sheet financing (no depreciation tracking)
Higher payments, but you own the equipment at the end
Depreciation and interest may be tax-deductible
Best for long-term use and asset-building
Pay more during busy summer months
Reduce or defer payments during off-season
Helps manage cash flow in cyclical industries
Combine benefits of leasing with long-term equity
Keep equipment at end of lease for $1 or fair market value
Useful for contractors planning future asset ownership
Related: Lease vs. Loan: Choosing the Right Option for Your Equipment
| Equipment Type | Estimated Cost | Lease Term | Monthly Payment |
|---|---|---|---|
| Tracked Asphalt Paver | $250,000 | 60 months | ~$4,150/month |
| Vibratory Roller | $95,000 | 48 months | ~$1,775/month |
| Milling Machine | $180,000 | 60 months | ~$3,200/month |
Most leasing companies require:
Business license and/or EIN
Quote or invoice from the equipment dealer
3–6 months of bank statements
Minimum credit score (usually 600+)
Time in business (startups can still qualify with strong financials)
Choose the right lease structure (operating, capital, lease-to-own)
Align terms with seasonal income
Bundle service and maintenance
Upgrade frequently to stay competitive
Leasing gives paving contractors the flexibility to take on more jobs, manage cash flow, and access cutting-edge equipment—without the burden of massive upfront costs.
Need an asphalt paver, roller, or tack distributor?
Get pre-approved today for a custom leasing plan and start bidding on larger, more profitable projects with confidence.