Boating enthusiasts from outside Queensland will no doubt be relishing the opportunity to once again attend the Sanctuary Cove Boat Show this year. While this very popular event on the boat show calendar did go ahead in 2021, most interstate and international visitors were unable to attend due to Queensland’s border closures. This iconic boat show will be held from 19 to 22 May on Queensland’s Gold Coast within easy reach of the GC, a short drive from Brisbane and not far over the NSW border. With the countdown now on, now is the time to get organised with travel and accommodation plans to attend the Sanctuary Cove Boat Show and for keen buyers, get that pre-arranged boat loan.
Pre-arranged finance is a smart strategy for attendees at all types of shows and expos when they have a clear intention of placing their order on the day. But the current supply and demand issues in the boating sector may add to the significance of having finance confirmed prior to inspection.
Supply chain issues and lockdowns in some states slowed production for some local and overseas manufacturing facilities over the past few years. Add to that the surge in demand for boats as Australians could not travel as usual, and it created the perfect storm for some makes and models being hard to land. Having a boat loan in your back pocket when attending a show can place you ahead in the queue for delivery as you can be in a position to commit to the sale on the day.
In the lead-up to this iconic event, we update on what to expect at Sanctuary Cove along with our tips and hints guide for all show and expo attendees.
Sanctuary Cove Show Exhibitors
The full list of exhibitors is yet to be released but a number of big names have been revealed for some of the premier on-water spaces. Brands such as Maritimo, Riviera, Horizon, Princess Yachts, Whitehaven and Palm Beach will be there with their latest luxury yacht collections.
Yachting enthusiasts will also be well catered for with Beneteau and Eyachts such some of the brands on display as well as multi-hulls from Lagoon. The trailer boat brigade can check out the Stejcraft, Zodiac and Quintrex ranges for starters and the PWCs will be displaying both on and off the water.
We look forward to news of which brands will be debuting at Sanctuary Cove but for now, news has it that the Riviera 78 will be launching prior to the event.
Keen buyers are strongly advised to try and contact representatives prior to the show to set an appointment time for an inspection and purchase discussion. With 50,000 attending this event over the several days, there can be strong competition to see popular craft up-close.
Boats and displays are not the only attractions at the show. The agenda includes entertainment, hospitality as well as educational sessions. Paul Burt with his cooking demonstrations and Shimano Fishing Tank Show always attract a good audience.
Prepare with Pre-approved Boat Loan
The best advice for keen buyers attending a boat show is to get a pre-approved boat loan. As we highlighted above, big crowds, some limited supply, strong demand – buyers need to give themselves an edge on getting their order in first. An edge that a pre-approved boat loan can provide. It also provides an opportunity to take advantage of show specials which may be available only for the duration of the event.
Jade Finance offers pre-approved boat loans for our personal loan and commercial finance products. For recreational, private boat buyers, the Secured Boat Loan will be the most suitable type of loan.
For those that have never arranged a loan before buying a boat, rest assured, it is straight-forward, obligation-free and identical in format to a loan applied for after purchase. The one thing that is a question mark on a pre-approved loan is the exact details of the boat and precise dollar figure of the loan amount. Answers which can only be known after the purchase deal is completed.
So for the purpose of confirming a pre-approved boat loan, the loan amount is estimated around what the buyer intends to pay for the boat. An indication of the boat is also usually provided so the lender knows what vessel they may be accepting as security against the loan.
When estimated a loan amount, remember to include an additional wriggle-room amount to cover extras you may want such as safety gear, upgraded electronics, bimini, extra covers or upgraded motor.
Your Jade Finance consultant sources quotes and on your approval of the quote, proceeds to the application approved stage. Then you know your finance is confirmed to a certain amount. The offer is valid for a set timeframe. If you decide not to buy, the offer will simply expire.
If the purchase price and hence loan amount varies from the estimate provided for the pre-approved application, these amendments are made prior to a final offer being confirmed.
General Boat Show Tips
- Book tickets well ahead and check out any coronavirus restrictions or conditions of entry.
- Have the Jade Finance Loan Calculator accessible on your smart phone to quickly compare what we can offer with any finance offer made to you by another party at the show.
- Add our Jade Finance phone number 1300 000 008 into your contacts for quick calls for quick quotes.
Apart from the Sanctuary Cove Boat Show and other major events such as Sydney in July-August, there are many smaller outdoor lifestyle expos where boat manufacturers will be exhibiting. Being organised with a pre-approved boat loan regardless of the size of the show or the size of the boat you are buying can be very advantageous.
Contact Jade Finance 1300 000 008 for a pre-approved boat loan
DISCLAIMER: NO LIABILITY IS ACCEPTED IF ERRORS OR MISREPRESENTATIONS ARE FOUND IN THIS ARTICLE. THE ARTICLE IS PREPARED AND PRESENTED FOR GENERAL INFORMATIVE PURPOSES AND IS NOT INTENDED TO BE THE SOLE SOURCE OF INFORMATION FOR MAKING FINANCIAL DECISIONS. THOSE REQUIRING GUIDANCE AND ADVICE SHOULD CONSULT A FINANCIAL ADVISOR.
