Get on the water with a boat & jetski finance ninja
Fast finance to get you on the water. Our Finance Ninjas are here to help you drive away today with personalised support, making the financing process quick and hassle-free. Standard credit criteria apply.
For boat financing that's smooth sailing.
Securing a pre-approved* boat loan is a powerful tool that can significantly enhance your car-buying experience. By having a pre-approved loan, you know what you can shop for before heading to the sales yard.
*Approval subject to lending criteria and affordability assessment.
Getting you out on the water faster
Connecting with a Vehicle Finance Ninja is the first step towards securing a competitive loan for your next watercraft.
Tell us what you're shopping for
Contact a Vehicle Finance Ninja to talk about the vehicle you're looking for.
We'll secure your finance
Our team works tirelessly to secure competitive rates to fit your circumstances.
You'll get the confidence to negotiate
You're now in a position to negotiate a great deal on that vehicle.
By understanding the key factors involved and exploring your options, you can find a suitable loan fit for you.
A pre-approved loan means you're ready to purchase when you find the right boat or jet ski. You can negotiate confidently, knowing your financial limits.
Specialised marine finance advice for large boats.
Larger, more expensive boats may require specialised marine finance
Get the right boat with or without a motor.
Smaller vessels can often be financed through general personal loans.
"Thanks to Car Money, I secured the perfect loan for my car quickly and easily! Their team made the entire process seamless and stress-free."
Frequently asked questions
Find answers to your most pressing questions about financing your boat or jet ski with us.
How much can I borrow for a boat or jet ski loan?
The most important factor in determining how much you can borrow is affordability – or how much the repayments will be compared to how much disposable income you have. We work this out based on your current income and expenses.
What interest rate do you charge on marine loans?
Your interest rate is personalised to your circumstances, and you can be sure it will be competitive. Interest rates vary depending on your profile – your credit rating and other factor lenders take into consideration like how well you have paid off loans in the past, whether you are a home owner etc.
What is the loan term for a boat or jet ski loan?
Loan terms depend on two things (1) how long you want the loan for and (2) affordability – how much you can comfortably afford to repay monthly. Once this has been determined, a term of between one and five years is fixed.
How quickly can I get an answer on my loan application?
We aim to provide a response within two hours wherever possible. If your application is urgent, you can call us on 0800 100 050 after submitting your boat or jet ski loan application.
Can I get loan approval before choosing a boat or jet ski?
Absolutely! If you have a specific boat or jet ski in mind, you can include it in your application. However, if you change your choice of watercraft before finalising the loan, we can easily adjust the details.
Can I change the loan amount after approval?
If you need to adjust your loan amount after approval, contact us, and we’ll work to accommodate your request, provided it aligns with your affordability assessment.
What is a Guarantor, and do I need one?
A Guarantor is someone who supports your loan application and agrees to make payments if you cannot. Whether you need a Guarantor depends on your individual financial circumstances and credit profile.
Do you approve marine loans for customers with bad credit?
Yes, we regularly get loans approved for customers with bad credit. The same application process applies.
How do I make payments for my boat or jet ski loan?
You can choose a payment frequency that suits you—weekly, fortnightly, or monthly. Payments can be made via Automatic Payment or Direct Debit for convenience.
What is the minimum age to apply for a boat or jet ski loan?
The minimum age to apply for a loan is 18 years, as this is the legal age to enter into a contract.
Can I pay off my boat or jet ski loan early?
Yes, you can pay off your car loan before the end of the term. Early repayment allows you to save on interest and become debt-free sooner. However, early repayment fees may apply, so be sure to understand what these are before paying off your loan early.
Is there an establishment fee for marine loans?
Yes, there is an establishment fee of up to $450 and an introducer fee of up to $995.
Still have questions?
Ready to unleash the power of our financial ninjas?
Terms:
*Fixed interest rates for vehicle and personal loans range from 9.95% p.a. to a maximum of 29.95% p.a. on a minimum 12 month to a maximum 60-month loan term. The actual interest rate charged to you will depend on your circumstances, the type of lending required, the security provided, and is determined by the lender.
Fees apply, including an establishment fee of up to $450 and an introducer fee of up to $995. Also, lenders may charge a PPSR fee of between $0 and $14. For example: On a loan of $5,000 over 12 months at 10.95% p.a. with Establishment and Introducer fees totalling $495 and a PPSR Fee of $7.39, the total amount to repay is $5,835.93 which is 12 monthly payments of $486.34. Those amounts don’t include ongoing fees, such as Service Fees, charged by the lender. You can find full fee information in the loan contract. We recommend that you check the fees before accepting the loan offer.
Approval is subject to meeting lending criteria, and affordability test applies. Our lender will independently assess whether you are eligible for a loan.
One hour application decision subject to affordability test, the applicant meeting the lending criteria and supplying all the required information to process the loan application.
Same day payout subject to the applicant meeting the above conditions and completing loan documentation by 12pm.