Finance the Komatsu 980E-4, the largest truck in Komatsu's haul truck lineup at 360-ton class. Structured financing for new, used, refinance, and sale-leaseback. Get a quote.
Gross payload of 360 short tons per cycle is what the Komatsu 980E-4 delivers, making it one of the highest-payload haul trucks in production and the top of Komatsu's rigid-frame truck line. At operations where mine plan optimization calls for maximum payload per truck to reduce cycle frequency on a fixed haul road, the 980E-4 justifies its cost premium over the 930E through fewer trucks, fewer operators, and lower fuel burn per ton hauled. That operating efficiency case is compelling. Financing it requires matching a large-ticket electric-drive asset to lenders who have done this work before and understand both the asset and the operational context that drives its value.
We structure Komatsu 980E-4 financing for new acquisitions, for used units available through mine fleet rotations and auction channels, and for sale-leaseback or refinancing of machines already in the fleet. Deals at this price point are not volume business for us; they are relationship transactions that we approach with preparation and precision.
What Makes the 980E-4 Different to Finance
The 980E-4 sits above the 930E in Komatsu's product hierarchy and above the Cat 797F's payload class in some comparative frameworks, though the specific payload, engine, and configuration details differ across these machines. The 980E-4 carries Komatsu's SSDA18V170 engine, an 18-cylinder diesel, paired with the Komatsu-GE electric drive system that has been refined across prior 980E generations. Gross horsepower is in the range of 3,500, suited to the machine's loaded weight and the grade profiles of major open-pit operations.
The secondary market for the 980E-4 is narrow compared to the 930E and the Cat 793. Fewer units have been built and deployed globally, which means fewer comparable sales transactions for lenders to use as residual value benchmarks. That narrower comparables pool requires lenders to rely more heavily on appraisal methodology and less on arms-length market data. We work with appraisers who have specific large mining haul truck experience rather than general equipment appraisers who may not have appropriate depth in this category.
Component rebuild cycles on the 980E-4 follow the pattern of other large electric-drive trucks: engine, alternator, and traction motor intervals are the primary planned maintenance events. The machine's size means these are significant capital expenditures when they come due, and lenders on a large-balance loan want to understand where the machine sits in its rebuild cycle at the time of financing.
Where 980E-4 Operations Are Concentrated
The 980E-4 is deployed primarily at large-scale open-pit copper and gold operations where maximum payload per cycle has been identified as a production optimization lever. In North America, the large copper mines in Arizona's copper belt, including operations nearSafford, AZand in the Morenci district, represent the scale of operation where the 980E-4 makes operational sense. These are billion-dollar operations with mine plans measured in decades, and the financing conversation reflects that institutional scale.
Coal operations in the Powder River Basin and gold producers in Nevada's largest open-pit operations also run machines in this payload class. The mine plan economics that justify a 360-ton truck require both a long production horizon and sufficient haul distances where cycle time reduction (through fewer trucks) saves more than the acquisition premium.
Internationally, the 980E-4 sees deployment in Chilean copper mining, in Australian iron ore, and in Canadian oil sands. While our primary financing geography is North American operations, we have structured deals that involve internationally sourced used units being brought into domestic deployment, and we can speak to the cross-border transaction complexity involved.
Forcopper mining operationsevaluating this truck class against alternatives, and foropen-pit mining operationsmore broadly, the 980E-4 represents a specific strategic position in the haul fleet that has financing implications distinct from mid-tier trucks in the same general category.
Financing Terms at This Scale
New 980E-4 transactions are among the largest single-unit mining equipment deals. Financing terms from our financing team at this level typically run five to seven years for strong institutional credits, with potential for longer amortization when the mine's reserve life is well established and the operator's financial depth supports the extended commitment. Down payment requirements vary by credit profile and deal structure; we discuss the options with each operator based on their specific situation rather than applying a blanket rule.
Sale-leaseback on a paid-off 980E-4 is a significant liquidity event. A truck at this payload class appraised at market rates can produce working capital that funds meaningful mine development or fleet additions elsewhere in the operation. The lease payments replace the ownership cost while the machine stays in service. We structure sale-leaseback on large mining haul trucks with the same precision we apply to the original financing, because both transactions represent material decisions for the operation.
Operators consideringbonus depreciation financingon a 980E-4 purchase should work through that question with their tax advisor before committing to a loan versus lease structure. At the acquisition cost of this machine, the first-year depreciation treatment can be a meaningful factor in the effective cost of capital comparison between structures.
For operators with multiple large trucks in their fleet, a portfolio refinancing that aggregates several assets may produce better overall terms and simplify the debt management structure. We evaluate portfolio transactions specifically and can identify when bundling assets improves the aggregate deal rather than just adding administrative convenience.
Start the 980E-4 Financing Conversation
The 980E-4 warrants a direct conversation before the formal application. Tell us about the machine, the operation, the proposed transaction, and your timeline. We will tell you what is realistic for your specific situation and what the deal will require. Expect a substantive response within one business day of a complete inquiry.
See ourfull Komatsu financing programsacross the haul truck and equipment product line, and review theKomatsu 930E financingpage if you are evaluating payload class alternatives for your fleet.