Considerations
Not paying a deposit may conserve your cash reserves, but before you commit – consider the possibilities first:-
- Even a small 10% deposit on a $40,000-$100,000 leisure goods can represent a significant amount of cash to pay up front. No deposit finance frees up your cash for other purposes.
- However, if you do pay a non-refunded deposit to the seller or if requested by the lender, you are reducing the overall size of your caravan loan. By reducing the amount borrowed, you reduce your monthly repayments over the same loan term or reduce your loan term. You can pay off your caravan faster.
These are important considerations that your Jade consultant can discuss with you directly.
No deposit caravan finance is a possibility with us.
Speak with a Jade Consultant to discuss no deposit finance for your caravan. Call 1300 000 003.