FAQs

No deposit financing for RVs is available, subject to individual lender approval of the borrowing limit.

Secured credit products allow the goods being financed to be the collateral for the credit. Subject to lender approval, no additional collateral is usually required. 

Interest rates on RV loans are individually offered based on the credit and application assessment by lenders. 

All sized motorhomes can be financed with secured and unsecured credit products. The specifics of the applicant are the most contributors to rates, terms and conditions in any offer. 

A secured credit product uses the RV as collateral. Unsecured credit products do not use the goods under finance as collateral. Some lenders will request applicants provide collateral with other assets. 

Conditional approval of credit applications can be obtained prior to purchase. The specific details of the RV and the exact loan amount are finalised after purchase. Pre-approval is valid for a specific, set time period only.

The credit term offered to an individual is subject to their creditworthiness, the amount requested, the collateral, and other considerations. Up to 7 years may be offered on secured consumer credit.   

Calculators provide estimated repayments without taking account of the user’s credit profile or the fees applied by the lender. Quotes allow for both these and therefore may be higher than estimates. 

Used motorhomes can be financed with secured credit where accepted as suitable collateral or with unsecured credit where not accepted as collateral. 

The age and condition of the motorhome is assessed for suitability as collateral for a secured loan. Where it is not, an unsecured option may be considered. Secured credit offers lower rates than unsecured and can be preferred.