Can You Get Finance for a Second-Hand Caravan in Australia?

Owning a caravan is one of the best ways to explore Australia—whether you’re chasing the coast, camping under the stars, or embarking on weekend getaways. But for many, buying a caravan outright can be challenging, especially if you’re looking at brand-new models.

The good news? Yes—you can get finance for a second-hand caravan. Just like car loans, caravan finance options are available for both new and used caravans, helping buyers hit the road without needing the full purchase price upfront.

In this guide, we’ll cover how second-hand caravan finance works, the benefits of used caravan loans, and what you need to apply.

Can You Get a Loan for a Used Caravan?

Absolutely. Getting a used caravan loan in Australia works much the same way as a car or new caravan loan. Lenders provide the funds upfront, and you’ll repay the loan over time with interest. This means you can purchase the caravan right away and enjoy flexible repayment options suited to your budget.

Benefits of Financing a Second-Hand Caravan

Choosing to finance a used caravan comes with several advantages:

• Drive away sooner – A caravan loan lets you take ownership immediately without having to save the full amount.
• Easier budgeting – Spread the cost into affordable, regular repayments.
• Flexible loan terms – Many lenders offer repayment plans tailored to your income and financial situation.

Types of Caravan Loans: Secured vs Unsecured

When it comes to financing a used caravan, two main options are available:

Secured Loan

• The caravan itself is used as security.
• Usually comes with lower interest rates since lenders have extra assurance.
• If repayments aren’t met, the lender may repossess the caravan.

Unsecured Loan

• No security required, but interest rates are often higher.
• Suitable if the caravan doesn’t qualify as security due to age or condition.

How Much Can You Borrow for a Second-Hand Caravan?

Used caravans generally cost less than new models, but loan amounts depend on factors such as:

• Your income and expenses
• Credit history and score
• The value of the caravan

With the right lender, you may be able to borrow up to $150,000 on a secured caravan loan.

What Do You Need to Apply for Caravan Finance?

Most lenders will ask for:

• Proof of age (must be 18+)
• Proof of income (bank statements, payslips)
• Proof of identity (driver’s licence or passport)
• Caravan details (helpful, but not always mandatory)

Get the Best Caravan Finance Rates in Australia

Ready to hit the open road in your second-hand caravan? As one of the leading caravan finance brokers in Australia, we compare loans from over 50 trusted lenders to secure the best rates and terms for you.

📞 Call us on 1300 CREDIT (1300 273 348) or request a free online quote today and get on the road faster with flexible second-hand caravan finance.