FAQs
RV Loan FAQs
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No deposit loans for leisure vehicles can be approved, subject to lender assessment of the individual application.
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Secured finance products use the goods being financed as the collateral. Subject to individual lenders and applications, buyers may not be required to provide additional security.
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All types of recreational vehicles can be financed with either a secured or unsecured lending product. This includes caravans, campers, motorhomes, campervans, and other variants.
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Loans are approved primarily on the strength of the applicant’s financials and credit profile. The same loan products, rates and features should apply for a loan for an applicant for all model types.
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No. With no collateral against the credit, unsecured products attract higher rates than secured products.
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Applications for RV loans can be approved based on an estimated loan amount prior to purchase.
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Terms on caravan financing is dependent on the lender and the specifics of the application. Up to 7 years can be offered.
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Online financing calculators do not have the ability to discern between varying user credit profiles. Different rates may apply to different calculator users. Calculator estimates do not include charges applied by lenders.
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Most new models are financed with a secured lending product. Used RVs are assessed for suitability as collateral for secured loans by lenders. Where not accepted, buyers can consider and unsecured credit facility.
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Yes. Many RVs on the market are fully imported or imported in part and finished in Australia. These vehicles can be financed in Australia.

