Leisure Loans

Compare competitive leisure finance for boats, caravans, camper trailers, motorbikes and more with Savvy today.

No obligation. It won't affect your credit score.
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, updated on August 24th, 2023       

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Leisure finance made easy

Dreaming of owning a boat? Perhaps you want to experience the open road, camping in a caravan? Maybe carving through the wind on a motorbike gets your heart racing. Whatever your dream, make it a reality with Savvy. We can help you find and compare competitive and affordable loan solutions for all types of leisure vehicle.

Trusted brand

Savvy knows leisure finance. Our team of consultants scour the market for the best deals on leisure finance tailored to your profile, finding the best solution for you from our wide and diverse panel of lenders.

With decades of experience, you can rest assured you’re getting expert guidance through the entire process. Feeling curious? Contact us today. There’s no obligation to apply.

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Have questions about leisure loans?

Can I find out how much I can spend?

Yes – you can use our online loan calculator to find out a rough estimate of how much a loan will cost long-term and with each repayment. It’s free to use and there’s no obligation to apply.

What about loans for a jet ski? Or a recreational vehicle?

Savvy finances all types of leisure craft. If it floats or drives, we'll help you find a loan product best suited to your situation and budget among our panel of lenders.

Can I still get leisure finance if I have bad credit?

Yes – if you meet one of our lenders' eligibility requirements, we can help people with bad credit find a leisure finance loan.

I want to buy a boat or caravan from a private seller – can I still apply?

Yes! Savvy specialises in financing boats, jet skis, caravans, and motorbikes bought in private sales.

I want to talk to someone, is that possible?

Yes! Our financial professionals are here to help. Call us on 1300 974 066 to get your leisure finance process started.

I’ve found my perfect craft – can I get pre-approval?

Yes! We offer pre-approval so you can start your leisure craft purchase the right way.

I’m self-employed, can I get approved for a leisure finance loan?

Yes! We help the self-employed, entrepreneurs, and even retirees find leisure finance loans that suit their needs.

Read more about leisure finance

Should I buy a new or used caravan?

One of the more important questions when buying a caravan is whether to buy a new or used one. Buying used is often the go-to choice for many holidaymakers, since they are usually cheaper. However, older caravans may not have all the features of newer models. If you're willing to sacrifice them for your budget, you can still have a great holiday. Additionally, although newer caravans may be expensive, they're likely to last longer and have a higher resale value if you decide to upgrade.

What motorbike should you buy?

The motorbike you purchase must go through a few rounds of questioning before you settle on a type. A chopper might be great for an occasional cruise, but not necessarily for everyday commuting. You should ask yourself how experienced you are as a rider and if your licence is open to buy a higher-powered bike. You should also look at your budget – how much can you spend? Once you know that, determine the engines and chassis that suit your lifestyle. This gives you a shortlist to start looking.

Your to-do list before applying for a leisure loan

Before applying for a leisure vehicle loan, you need to do your homework. You'll need to ask three pressing questions: What is your budget? What are your main sources of income? What does your credit history say about you? These all show a prospective lender you're a low risk. You should also get payslips and residential histories together to further prove you're in good financial standing. Having a strong profile can save you a lot on a leisure finance loan interest rates.

Boat – better to lease or buy?

Many people believe boats are too expensive to buy and opt to lease them instead. But which option is better? The answer is different according to your preferences. Leasing means you're renting the boat from a financier, resulting in lower upfront costs, repayments and maintenance costs. However, at the end of the term, you must hand the boat back. Boat ownership gives you more options, but you must take on all the costs associated such as maintenance and insurance.

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