Caravan Loan Lingo Explained
While the process of getting your caravan loan in Brisbane is extremely straightforward, it’s important that you understand the details of the type of loan you are applying for. At Buddii, we can help you secure both unsecured and secured loans for your caravan and ensure the option you choose will continue to work for you both now and in the future.
Unsecured caravan loans
This is just like a personal loan. Your lender isn’t going to be asking for any kind of security and provides you with the finance for whatever you wish (it doesn’t necessarily have to be for a caravan). You can use your unsecured loan to buy a caravan or to buy other things such as accessories for your caravan or caravan insurance. The interest rate is going to be higher on this kind of loan because your lender is taking on more of a risk as there is no security.
Secured caravan loans
This kind of loan is ‘secured’ against your caravan, RV or camper trailer. The lender is going to keep a part ownership in your vehicle as security until you have paid off the loan, and if you aren’t able to complete your repayments, your lender may liquidate (sell) your caravan to recoup the balance of the loan. With that said, secured loans do generally offer a lower interest rate than unsecured loans.
Loans for Every Type of Caravan and Camper
No matter what type of home away from home it is that you’re looking for, we can help you obtain the right finance to suit.
We have a large network of trusted Australian lenders who have a range of finance for caravans, campers and RVs, and we do all the legwork to negotiate and secure the perfect loan for your circumstances.
- Flexible caravan loans with various finance terms
- Fixed or variable caravan finance rates
- Can use your loan to cover out of pocket expenses like insurance
- Potential for tax deductions depending on use
Speak to one of our loan broker experts today and take to the great outdoors in your new caravan a whole lot faster.
Finance for Caravans with Buddii
Are you simply itching to get out on the road with your family but have the pesky matter of the finance to take care of? You can wade through all the caravan finance calculator options on the internet and compare rates left, right and centre, but you’ll get there a whole lot faster when you work with our dedicated Brisbane caravan finance experts at Buddii.
We streamline the entire finance process by taking care of all the groundwork, product negotiation, paperwork and application – all you have to do is start planning for your great caravan adventure!
One of the biggest drawcards about having a caravan or a camper is the freedom of being able to set out whenever you want and set up camp wherever you want, without fussing with a tent. We want you to experience the same ease when it comes to your caravan finance, ensuring it will be a benefit to you and not a burden.
Start Exploring with Tailored Caravan Finance Today
Make those dreams a reality sooner with the perfect caravan loan from Buddii. We are committed to comprehensive loan matching and a personalised service from beginning to end to ensure your finance works for you today, tomorrow and well into the future. Contact us today to get started.
