The opening of the trans-Tasman travel bubble is creating a lot of excitement for many Australians who have been limited to domestic and sometimes local travel and holidays for over a year. But with ongoing issues around the vaccine roll-out, the potential for changes to border arrangements at any time and simple personal preferences, heading across the ditch for a holiday is not in everyone's plans.
One way to make your holiday and travel plans well within your own control and less subject to issues caused by COVID-19 is to create your very own travel bubble – buy a caravan. Buy once and you have a fantastic holiday home on wheels that you can enjoy for many years and you can use to visit fairly much an endless number of destinations at any time of the year. Travel to your own schedule with no worries about flight cancellations or delays. If you have an off-grid caravan model you can choose to stay at free campsites to minimise costs or enjoy the camaraderie and facilities at any number of holiday parks around Australia for a small outlay.
So what’s involved with buying a caravan and most particularly, what’s involved with getting a loan to purchase the caravan? Jade Caravan Finance provides insights to assist you to create your own travel bubble with the purchase of a new caravan.
Buying a Caravan
Caravan is the umbrella term used in many contexts to describe a wide range of mobile and leisure vehicles: traditional caravans, camper trailers, mobile homes, hybrid caravans, slide-ons, fifth wheelers, RVs, campervans and other variations.
Australia has a great caravan manufacturing industry with many companies delivering high quality vehicles to the highest standards. There are standards set by authorities and when selecting a van, buyers should ensure their selection meets the latest regulations. More information here.
You will of course need the correct vehicle to tow the caravan so ensure your vehicle has the correct towing capacity.
Many caravans are built-to-order so you select the floorplan and model you want with whatever selection of finishes, options and accessories the manufacturer offers and place your order. Most manufacturers are represented by dealers around Australia so you can inspect before buying. To assist buyers, there is an extensive calendar of caravan shows hosted in many locations throughout the year which offer a great opportunity to see and compare different makes and models in one place.
Sourcing Caravan Finance
Loans are available to buy caravans and buyers have the choice of either handling the process themselves or engaging the services of a finance broker style lender such as Jade Caravan Finance. We’re specialists in caravan finance and offer many benefits over the DIY approach.
Why should you use Jade as your lender?
Why shouldn’t I get my own loan?
These are not uncommon questions and we happily address them.
There is constant talk in finance advice columns and publications about shopping for your home mortgage. Checking out what lenders are offering to see which is offering the best deal for your requirements. It’s only sensible that you should shop for all major loans including your caravan finance. Survey the market, make calls for quotes, consider all your options to get the cheapest deal.
But who has time these days? Jade has accreditation with multiple banks and lenders so we quickly and easily canvass a very large section of the lending market to source our customers the cheapest deal. You can refer to our caravan finance interest rates to compare lending options to other lenders. So we save you the time of having to source multiple quotes to, hopefully, find the cheapest.
Added to the time involved in sourcing loan quotes yourself, there’s an added complication. With some specialist finance areas such as in the leisure sector and specifically caravan loans, it’s not as straight forward as for more popular sectors such as home loans and car finance. Finding which lenders actually offer caravan finance can be a task itself. You won’t always find a clearly and specifically designed caravan loan product from all banks and lenders. You may have to settle for their general, all-purpose loan.
As a specialist in the sector, we do have a specific Secured Caravan Loan which is designed for the purpose of purchasing all types of new caravans and RVs.
The process involved in sourcing a caravan loan through Jade is simple.
- For starters, you can either arrange your loan before or after deciding on a caravan as we offer pre-approved loans.
- You contact us via phone or online to request a quote and complete the application form.
- You’re assigned a Jade consultant, a fully trained finance professional, who handles the entire process, from quote to settlement.
- So you can get onto selecting your caravan or planning your first travel itinerary while we do the work for you to approve and sign-off on.
What will your loan repayments be?
Good question and key to your travel bubble being an affordable holiday option. Use our caravan loan repayment calculator to work out quick estimates. All you need is the price of the caravan as we offer no deposit finance so 100% of the purchase price can be borrowed (subject to lender approval of course). On the caravan loan interest rate calculator, enter the price of the van, and the number of years you want to repay the loan, and the repayment estimate will be displayed.
Creating your own travel bubble, aka buying a caravan, can be a cost-effective and easy way to holiday and travel with a loan through Jade.
To discuss your requirements, contact 1300 000 003
DISCLAIMER: THE DETAILS AND INFORMATION IN THIS CONTENT ARE PREPARED AND PRESENTED PURELY FOR INFORMATION AND NOT INTENDED IN ANY WAY AS THE SOLE SOURCE OF FINANCIAL ADVICE FOR CARAVAN PURCHASING. IF ADDITIONAL FINANCIAL ADVICE IS REQUIRED, READERS SHOULD REFER TO A FINANCIAL ADVISOR. NO LIABILITY IS ACCEPTED FOR ANY ERRORS, PRODUCT DESCRIPTION VARIATIONS, OR OTHER MISREPRESENTATIONS OF INFORMATION AS PRESENTED.