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.
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.
What can you buy with a leisure loan?
Looking to purchase that dream boat? After the best marine finance rates to beat the banks? Savvy has access to some of the most competitive marine financing options in the market.
At Savvy, we can finance close to any motorbike on the market for sale. Harley Davidson, Yamaha, Suzuki, BMW, Honda, road bike, dirt bike or whatever it may be – we can help you out!
With Savvy’s quick & easy caravan finance solutions, you can be rest assured that finance through Savvy will place you with one of the most competitive interest rates available to you on the market.
Looking to finance your jet ski? Talk to Savvy today. We can finance most types of jet-skis with no fuss and manageable repayments for your needs.
Why compare leisure loans with Savvy?
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Read more about leisure finance
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.
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.
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.
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.