New & Used Boat Loans
We can provide boat loans for new and used boats, whether you're purchasing privately or through a dealer. We offer both secured and unsecured loans for boat purchasers.
Current Boat Finance Rates
New Boat Finance Rate*: from 6.95% (comparison rate: 8.49%)
Used Boat Finance Rate*: from 6.95% (comparison rate: 8.49%)
New Boat Finance
New boat finance search can be a headache and stressful because you need to look through various companies and their comparison interest rates, and then choose the most convenient yet affordable loan. If you’re shopping for a new boat, make sure you avoid dealer's finance. There are plenty of reasons for avoiding dealership finance options,
- Higher interest,
- Hidden fees
- Reduced Bargaining Power
- Third Party Bank or Finance Company, which you never met
BoatLoans.com.au is completely different from other companies. We provide tailor boat finance solutions to our customer.
If you have an idea of what you’re after we can set you up with a pre-approved boat loan so you have the confidence of knowing what you can afford. You’ll also be in a better position to negotiate on price with the dealer.
Used Boat Finance
We provide used boat finance, not just for dealership sales, but also private boat sales too. When you arrange finance with us for a private boat sale we’ll also check to make sure there are no outstanding loans on the boat and perform other important checks to make sure your purchase is protected.
Contact us about used boat loan rates and conditions.
Secured Boat Loans
This is the most popular type of boat loan as they attract the cheapest rates and are offered by a larger number of our lending partners. The boat being purchased is used to secure the loan and does not impact on any of your other assets.
Unsecured Boat Loans
These types of marine loans are available through a limited number of financiers and interest rates are normally much higher than a more traditional secured boat loans.
Boat Insurance & Extended Warranties
Insurances can be financed as part of your loan. Ask our consultants about the following insurance products which are available for your protection:
- Comprehensive Marine Insurance
- Consumer Loan Protection.
- Gap Cover or Security Shortfall Insurance
- Boat/Motor Extended Warranty Cover
Balloon or residual payments are available to approved applicants to reduce normal monthly payments. By setting a larger final payment on your loan your regular monthly payments can be reduced to meet your current situation.
Buying A Boat? Read Our 4 Part Series "The Beginner's Guide To Boat Shopping"
- Part 1: Boat Research
- Part 2: Boat Brokers VS Private Sellers - The Pros & Cons
- Part 3: Boat Shopping - The First Inspection
- Part 4: Boat Test Drive - Try Before You Buy
*The interest rate of 5.85% is available to approved applicants. The comparison rate of 6.69% is based on a 5 year secured fixed rate loan of $50,000. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Applications for finance are subject to normal credit assessment. Conditions, fees & charges apply. Aussie Pty Finance Ltd, Australian Credit Licensee (# 383762).
