Caravan finance pre-purchase and pre-approved boat loans are available for buyers attending the upcoming Sanctuary Cove Boat Show and Rosehill Caravan Supershow. Autumn is the season for the start of major industry showcase events for some of Australia’s favourites – boats and RVs. A big calendar of events for the marine and RV industries is scheduled across the country and it’s time for serious buyers to get organised.
Major events like the Sanctuary Cove Boat Show and the Rosehill Caravan Supershow offer buyers the ideal opportunity to inspect multiple makes and models in the same place at the same time. A great chance to compare features and make those important buying decisions.
But to be ready to place the order and possibly be first to buy a limited-edition model or take advantage of a show special discount, buyers need to have their financing confirmed. That can be a quick and simple process with either conditional approval or a confirmed pre-approved loan offer.
What is boat and caravan finance pre-purchase?
Boat and caravan finance pre-purchase is the process of arranging a loan before buying the RV or vessel. Loans may even be arranged before the buyer has made their final choice as to which make or model to purchase.
Pre-purchase loans on new models would apply to a Secured Boat Loan or Secured Caravan Loan. These attract the most competitive fixed interest rates, have a fixed term and provide a fixed schedule of monthly loan payments. In sourcing financing prior to purchase, buyers do not compromise on their opportunity to secure their best possible interest rate with Jade. The same rate would apply for that individual whether the loan is arranged before or after a purchase commitment is made.
Conditional pre-approval is one option and can be as simple as having our brokers arrange assessment of application to determine your borrowing capacity at current interest rates. This involves reviewing income, expenses and debts only. For some buyers, knowing the amount they would be approved to borrow is sufficient information to proceed to the purchase. The boat or RV is found, the price confirmed, and the complete loan application then assessed for a specific loan offer.
A pre-approved loan goes to the next stage. The complete loan application is required to be completed with all personal, employment and other details reviewed along with the credit profile. We select the most suitable lender, source the best rates, and arrange the offer based on the loan estimate from the buyer. The offer is valid for a few weeks.
The buyer then has the time to confidently negotiate price with a dealer and place their order. The specific loan amount is finalised by the lender when the supplier invoice is received.
Either options can be ‘must-have’ for a show visitor that is intent on buying or ordering at the event. They know exactly the price range they should be looking at and can specify the options and extras they want on the day, to their finance budget.
Pre-approved loans can be a big time-saver. No need to re-visit a dealer after a show. The entire purchase process can be finalised in the one meeting at the event. Applying follows the same procedures as post-purchase loans and can be started by phone or online with Jade.
Best Timing to Get Caravan Finance Pre-purchase?
The timing for securing pre-approval is quite flexible. Conditional approval with confirmation of borrowing capacity can be sought months out from the show or right up to the last minute. Pre-approved loan offers have a time after which they expire. The best time to arrange a pre-approved loan is 4-6 weeks prior to an industry showcase.
Approval on pre-purchase loans can be received within 24 hours for many applicants. So if you have left it until the last minute, don’t panic. Submit your details for one of our brokers to process your application asap.
Estimating Pre-approved Boat Loans and Caravan Finance
If you do arrive at an event without pre-approval, they are options for you to find out what your boat or caravan loan may cost. Our Finance Calculators are available online to refer to on your phone to get quick repayment estimates. Our teams are also attending many of the showcases to assist buyers with the finance requirements. Keep an eye out for the Jade Finance stand to speak directly with one of our brokers.
Show Time – What’s On?
The Rosehill Caravan Supershow runs from Tuesday April 28 through to Sunday May 3 at Rosehill Racecourse in Sydney. Parking is available on site, there are numerous public transport options, and all the leading RV brands are expected to exhibit.
The Sanctuary Cove International Boat Show will be held on 21st to 24th May at Sanctuary Cove on Queensland’s Gold Coast. Stay across the event website for transport details from the Gold Coast to Sanctuary Cove and for the full list of exhibitors to start your wish list. The show offers a range of hospitality options for an even more exciting visitor experience.
Don’t miss out on buying at upcoming industry showcases. Get boat and caravan finance pre-purchase by connecting with Jade Finance online or by phone.
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.
