Jet Ski Finance

Common Questions about Jet Ski Finance

• Can I get finance for a second-hand jet ski or one bought from a private seller?

  Absolutely! Whether you’ve found a second-hand jet ski or a great deal from a private seller, we can help. We’ll handle all the checks, like confirming ownership and ensuring there are no outstanding debts, so you can buy with confidence.

• How much deposit will I need to finance a jet ski?

  Good news: many lenders offer 100% finance, meaning no deposit is required. If a deposit is needed, whether for a secured loan or an unsecured loan, it’s usually around 10-20% of the jet ski’s value. We’ll work with you to find the best jet ski loan that suits your budget.

• Are there loans designed specifically for jet skis, or do I use a general loan?

  Jet skis are unique, and so are the loans for them! While many customers opt for recreational vehicle loans, you might also consider an unsecured personal loan if you're looking for more flexibility and don’t want to use the jet ski as security. We’ll connect you with lenders who specialise in recreational vehicle loans, ensuring you get competitive rates and terms tailored to your jet ski purchase.

• Can I include extra costs like a trailer, cover, or safety gear in the loan?

  Absolutely. You can bundle the cost of essentials like trailers, protective covers, or safety gear into your jet ski loan. It’s an easy way to get everything you need for your adventures without juggling separate expenses.

• Does the make, model, or age of the jet ski affect my loan options?

  Yes, these factors can play a role. Newer models usually qualify for lower rates and longer terms, while older jet skis might have some restrictions. Don’t worry, though, we’ll help you find a loan that fits the jet ski you’ve got your eye on.

• Do I need insurance to get a jet ski loan, and how much does it cost?

  Yes, most lenders will ask for comprehensive jet ski insurance before approving your loan. The cost depends on the jet ski’s make, model, and how you plan to use it. We’re happy to guide you through the process and help you find the right coverage.

• What happens if I want to upgrade my jet ski before the loan is paid off?

  Upgrading is easier than you might think! You can trade in your current jet ski and use the value to pay off the remaining loan balance. Alternatively, refinancing might be an option. Let us help you explore the best choice for your upgrade plans.

• Can I pay off my jet ski loan early without extra fees?

  Many lenders allow early repayments, and some might charge a small fee. We’ll make sure you understand your loan terms upfront and help you choose an option that gives you flexibility if you want to pay it off early.

• What happens if I miss a repayment or run into financial trouble?

  Life happens, and if you’re struggling with repayments, the best thing to do is reach out to your lender. Many lenders offer hardship arrangements or temporary changes to your repayment plan. We’re here to support you, so don’t hesitate to ask for help.

• Will my credit report affect my jet ski loan approval?

  Yes, lenders typically review your credit report and history when assessing your application. A strong credit profile can help you qualify for better interest rates and terms, but we work with a wide range of lenders and can often help even if your report isn’t perfect.

• How long does it take to get approved for jet ski finance, and is there a way to speed it up?

  Most approvals take just 24 to 48 hours, provided all your documents are in order. To speed things up, make sure your application is complete and includes details like proof of income, your credit history, and information about the jet ski. Our team will do everything we can to get you on the water as quickly as possible!