The Hino 338 is a Class 6 medium-duty truck that earns its spot by being reliable, fuel-efficient, and well-suited to the kinds of hauling operations that do not need a full-size semi on the route. Landscape supply, light demolition, utility spoil, grocery-chain-style distribution runs that happen to need a dump body. Hino builds it to Toyota standards, which means the maintenance intervals are predictable and the drivetrain holds up to commercial cycles without drama.
For dump truck operators looking at medium-duty options, the 338 competes on reliability and total cost of ownership rather than raw power. Landscaping operations run it for topsoil and mulch delivery. Municipal fleets use it for light public works where driver CDL requirements complicate larger trucks. Light demolition crews move debris in dump bodies that fit the chassis rating.
Hino 338 transactions typically run $55,000 to $90,000 for used units and can push higher on newer spec. New trucks price according to current market. Minimum transaction $50,000. Application-only up to roughly $400,000. Three months of bank statements plus application covers most deals. Funding in about one to two weeks.
Hino 338 Specs Relevant to Financing
The Hino 338 runs a GVW of approximately 25,500 to 30,000 pounds depending on configuration. Powertrain is Hino's J08E diesel, a proven inline-six common in their medium-duty lineup. The J08E has a reputation for longevity when maintained on schedule, which matters to both operators trying to minimize downtime and lenders evaluating residual value.
Dump bodies on the 338 chassis run 9 to 11 feet, consistent with its Class 6 rating. The chassis accommodates both steel and aluminum bodies. Hydraulic systems for the dump mechanism are standard fare, and most 338 dump trucks in the market come with a single rear axle configuration appropriate for the GVW range.
The Hino brand's Toyota backing means there is a nationwide dealer and service network, which helps lenders because the truck can be serviced and maintained anywhere. Nationwide serviceability is a real lender consideration on less common brands; Hino does not have that problem.
Used Hino 338 trucks trade regularly in the secondary market. Landscapers, small construction companies, and municipalities buy them. That buyer diversity supports residual values and makes lenders comfortable advancing on used units with verifiable maintenance history.
Financing a Hino 338 Step by Step
The process starts with your application and supporting documents. For a Hino 338 purchase priced roughly $60k–$90k, three months of bank statements and a completed credit application covers the documentation requirement for most deals. If the transaction is larger or the credit profile is non-prime, we may ask for additional information, but we tell you exactly what is needed upfront.
New dealer purchases move fastest because the dealer handles title and insurance coordination on their end. Used purchases from dealers take a similar path. Private-party deals add one step: confirming title and processing the purchase agreement before we fund. Either way, the target is one to two weeks from application to keys.
Loan versus lease is the first structural decision. A loan builds ownership and equity. A TRAC lease on commercial trucks offers a specific structure for vocational equipment that can reduce monthly payments while preserving a purchase option at term end. We explain both structures before you commit.
Credit Profiles We Work With
Not every Hino 338 buyer has pristine credit. Some are first-time commercial truck buyers building their history. Some have had a rough stretch in the business cycle. Some are newer operators who have not established deep business credit yet. All of those situations can still result in a financed deal.
B and C credit financing is available for operators with scores in the non-prime range. The complete credit picture matters more than the score alone. Time in business, current revenue against the proposed payment, and the asset quality all factor into approval. The Hino 338's moderate transaction size is an advantage in non-prime credit situations because the payment is lower and easier to support with moderate revenue.
Operators entering the hauling business for the first time can explore startup financing options. These programs often work with operators who have industry experience even without a long business credit file.
Other Trucks in the Same Weight Class
The Hino 338 competes most directly with the Hino L6, which is a newer heavy-medium platform in the Hino lineup. If the 338's specs match your routes today but you want to see the L6's capabilities, we finance both.
Across brands, the Ford F-650 and Ford F-750 cover similar territory. Some operators prefer the Ford for dealer network familiarity; others prefer Hino's diesel efficiency and quieter cab. Financing terms between brands are comparable, so the truck choice can be made on operational merit rather than financing constraints.
The Isuzu FTR is another alternative in the medium-duty commercial dump space. Isuzu and Hino are both Toyota-connected brands with similar reputations for reliability and serviceability. If you are shopping all three, we can generate financing scenarios across the board.
For the broader segment, our medium-duty dump truck financing page covers all the options in this class without locking you into a specific brand.
Operators who eventually outgrow medium-duty capacity and need to move to a Class 8 tandem axle truck can cross into the tandem axle dump truck segment when the route and payload demands justify the jump. We finance that transition too, and if you have equity in a 338 at that point, a refinance or sale-leaseback can fund part of the upgrade without draining operating capital. The medium-duty foundation you built with the 338 becomes the launching point for scaling the operation.
Hino 338 Financing Questions
Is the Hino J08E diesel acceptable to commercial lenders?
Yes. The J08E is a known and respected engine in the medium-duty commercial space. Lenders are familiar with it and comfortable with it as part of the collateral description.
Can I finance a Hino 338 dump truck with an older body?
Older bodies reduce the combined collateral value but do not automatically prevent financing. If the body needs replacement, consider pricing a new body installation as part of the purchase and rolling it into the financed amount for a cleaner deal.
I want to buy my Hino 338 from a private seller out of state. Can that work?
Yes, with some additional paperwork. We need the signed purchase agreement, title information with the selling state, and an out-of-state registration plan. It is more steps but a fully workable transaction.
Does Hino's dealer network coverage affect financing?
Positively. Nationwide dealer and service availability is something lenders factor into residual value assessment. Hino's Toyota-backed service network is a point in the truck's favor during credit review.
Apply for Hino 338 Financing
Reliable truck, practical price point, real lender acceptance. The Hino 338 is a straightforward deal and we know how to close it fast. B and C credit considered. Funding in about one to two weeks. Get your application in today.
