With one of the largest lending panels in Australia, it is easy to offer you the best caravan loans
Online caravan loan application; easily upload and sign documents directly from your phone or computer.
Our massive lending panel allows us to find you the best caravan loan rates.
We care about you, so we make sure we don't impact your credit score.
With our fintech platform, we match you with a lender and pre-approve your caravan loan in minutes.
Our team of more than 150 caravan finance brokers work with you until your caravan loan finance is settled.
Your caravan finance questions answered
Yes, with Ausloans, you can easily get approved for a second hand caravan loan. Used caravan finance can be an excellent option if you are looking to hit the road without having to pay a premium price. With our 40+ lender panel, we have plenty of options to find a used caravan loan that suits your needs.
Don't worry, at Ausloans we offer no deposit caravan finance, which means 100% of the purchase price is included in the caravan loan package. So, if you don't have the funds upfront to buy the caravan of your dreams, you still have the chance of getting your caravan loan approved depending on your specific circumstances.
Yes, most of the time we require comprehensive insurance on your caravan. Our team of asset finance brokers can help you arrange comprehensive insurance if you wish.
Can I get approved for caravan finance if I have poor credit?
Yes, you can get approved for a poor credit caravan loan. At Ausloans we believe in assessing your circumstances and finding a solution that best suits you, so if you have bad credit or you are currently on Centrelink we might be able to help you. To assist bad credit caravan finance applicants or Centrelink caravan loan applicants, we created 1800Approved, an established car finance brand specialising in credit rehabilitation for mid and subprime lending for both consumer and commercial applicants.
Different options allow you to manage your finances well. Depending on your plans, you can pay off your loan early, have a varying interest rate so you can take advantage of rate cuts, or choose to pay a lower monthly repayment with a lump sum at the end of the loan term.
Fixed Interest Rate – With this type of loan, your monthly payment is fixed for the entire term of the loan. This is perfect for those who are budget conscious and wants to know exactly what they need to pay month after month.
Balloon Payment – This means you pay a lump sum at the end of the loan term and you also have the option to refinance the lump sum in case you do not have ready money for it. One of the main advantages of having a balloon payment is that your monthly repayments are low.
Early Loan Termination – If you have extra money, you may want to pay off your loan early to save on interest payment and to free yourself from the burden of paying month after month. Lenders may charge an early termination fee though so make sure to ask about this option if early loan termination is a possibility for you.
Additional Payments – This is one of the best features many of our lender partners provide. When you pay more every month you can actually save on your interest payments and pay off the caravan loan early.
Buying a new or used caravan have their own advantages and disadvantages
Money is not the only factor when deciding whether to buy new or used. First-time buyers may find it better to buy a used one in order to decide whether a caravan is really fit for their lifestyle. The built-in features are also something to consider.
Secured Caravan Loan – In a secured caravan loan, the caravan serves as a security for the loan and the lender can repossess and sell it in case you default on the loan. Interest rates are usually lower if the loan is secured.
Unsecured Caravan Loan – This is the opposite of a secured loan. The caravan is not tied to the loan and therefore cannot be taken if you fail to make repayments. Lenders will go after you and recover their losses through other legal means. Interest rates are higher if a loan is unsecured.
Representative example: Based on a $30,000 loan with an 84-month term for a borrower with excellent credit history at a comparison rate of 4.99% p.a. the estimated total amount payable per month is $444. Interest rates range from 4.99% p.a. (comparison rate 6.97% p.a.) to 12.37% p.a. (comparison rate 20.30% p.a.). Rates are subject to change depending on the rates offered by lenders in our Lending Markets. Ausloans Finance Group credit criteria and terms and conditions apply.
Ausloans Finance Head Office: 1/33 Ereton Drive Arundel QLD