Perhaps you’ve had a taste of vanlife by renting a campervan for a holiday. Possibly observed others enjoy the flexibility and versatility of holidaying in a campervan while you were restricted to hotel-style accommodation. Others enjoying changing locations on a whim or with the weather. If you’ve made the decision to live the idyllic life that campervan can offer, then it’s time to consider getting a cheap campervan loan.
VanLife is enjoying a significant surge in popularity. Campervans have well and truly moved on from the mattress in the back of a kombi. Today’s models are fitted with luxury inclusions and with interior décor which suits the lifestyle. Companies and individuals are restoring older vehicles to new levels of glamour while leading manufacturers are presenting new models and converting vehicles to specifically suit today’s market.
Whatever your way into living the idyllic life offered with these types of RVs, we have a number of low rate financing options to consider.
Makes, Models of New Campervans to Consider
Volkswagen is a name almost synonymous with these types of vehicles. Their current California model is built for great outdoor adventures with plenty of comfort and luxury features.
A new name to watch for is the Dream Drive collection. An upmarket Japanese brand of conversions, based on the trusty Toyota Hi Ace. Geelong’s Davey Group are the people to see about this KumaQ model which are important from Japan.
This model has a 4-wheel drive set-up, a 2.8 litre turbo diesel engine, and great inclusions. Such features as woollen insulation in the walls, cabinetry made from marine ply in black, and a 4 person dinette which can convert to make additional sleeping accommodation are just some inclusions to note.
Other leading manufacturers to consider include TRAKKA, Jayco and of course Winnebago for large mobile homes. Campervans can be manufactured with a chassis and engine from a number of vehicle manufacturers.
One of the big attractions of this type of RV is the driveability. They can be driven with a normal driving licence and are can be easy to manoeuvre and park. No separate towing vehicle is required such as with traditional caravans and campers and these RVs can take owners to many special locations. Travellers can opt for holiday parks or free camp sites, depending on the bathroom and other set-up of their particular model.
They really do offer a lot freedom and flexibility and may be in a price range which is makes the VanLife a reality.
Cheap Campervan Loan Options
There are two lending products that may suit buyers of these types of RVs. As to which one is the most suitable will depend on aspects of the vehicle itself.
Where a new or quality second hand model is being purchased fully set-up and ready to go, the Camper Trailer Financing would generally be the most suitable option. With this product, the van forms the collateral for the funding. That decision is up to individual lenders, but new models and most quality used models would be considered acceptable collateral.
We arrange these products with our best fixed interest rates and over a fixed term to suit our customer. With fixed term and fixed rates, buyers have a fixed repayment schedule. A format which provides certainty and confidence for budgeting holiday and other expenses.
Another scenario may be an individual looking to purchase a used vehicle or model to renovate and refurbish. When doing up your own vehicle, you may be seeking funding for the vehicle purchase only or funding for the purchase price of the vehicle and the money to cover the restoration and renovation costs.
This is the type of scenario where an Unsecured Personal Loan may be more suitable as the vehicle would not be required as collateral. The rates are higher than for a secured product, but we have access to lenders that make highly competitive offers on this type of funding.
To compare secured with unsecured options, use our rate comparison chart or our financing calculator. To talk through your options, feel free to speak with one of our brokers for a no-obligation discussion or request a quote.
Tips to Get Best Interest Rates, Best Loans
To get the most out of the vanlife experience, buyers will want to get the least on their interest rate offer. Using our brokers to source the best offer from across our large lender market, allows buyers to quickly and reliably, identify the lowest rates to suit their profile.
Applicants should be aware that lenders will review the credit score and profile with good ratings typically receiving the lowest rates and may be approved for higher credit limits and more workable loan terms.
If you’re ready to live the vanlife, add even more relaxation and enjoyment to your travels with low rate RV financing through Jade.
For low rate campervan finance contact Jade Caravan Finance or apply online for fast 24 hour approval.
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.