As a major lender in the marine lending market, Jade Boat Loans stays across what’s happening in many areas of the boating industry. One industry news item which caught our attention was a reported surge in orders for some boats as many Australians have embraced ‘staycations’ in response to the COVID-19 pandemic.
This was not ‘news’ to us as we flagged this trend in earlier blogs. With international travel off the agenda for now and interstate borders in an unpredictable open-closed state, many Australians are having to rethink their holiday plans and many are turning to boating to enjoy staycations. Vacations at home aboard their new boats.
Owning a boat offers endless vacations and in all states there are many waterways, both inshore and offshore to explore. Depending on what boat you purchase, the cost of owning a boat may represent an extremely attractive cost alternative to hotel accommodation, air fares and other vacation expenses. Purchase your boat with a cheap Boat Loan package and you can spread your ‘vacation costs’ over the term of the boat loan with our cheap monthly repayments.
There will be some ongoing and recurring running expenses and this will vary depending on the boat you purchase. For trailer boat owners you essentially need a boat, licence, trailer, vehicle to tow your boat and a safe place to store your boat and you’re ready to enjoy a great time on the water. For larger power boats and most sailing yachts, you’ll need a licence and a mooring or marina berth but you won’t need a trailer or vehicle capable of towing.
Choosing Your Staycation Boat
There are many high quality boat manufacturers right here in Australia and it’s great to see buyers supporting local manufacturers. With the second wave of COVID-19 causing manufacturing shutdowns in some industry sectors, if you are planning to buy a new boat, it may be advisable to get your order placed asap in case the manufacturer faces supply chain or other disruptions.
The trailer boat market is probably the largest segment of the market and offers especially new boat owners a great entry level to boating.
A half cabin cruiser or cuddy cabin is a great option for those wanting to take the family out either for day trips or for overnighters. They usually include some berths, a toilet and many have a small galley kitchen. Stessco, Stacer and Quintrex are just some of the highly respected brands offering great ranges of half cabin and small cabin cruisers which can be transported on a trailer.
A dedicated fishing boat may be your choice of boat. While many are designed and built for different types of fishing – blue water, inland waterways, inshore – most will quite adequately handle double duty as the family runabout.
While relatively easy to transport to your destination of choice, many trailer boats are also easy to operate, moor with an anchor and many can be run up onto a beach. When buying, ensure you do have a high quality anchor!
For those wanting to accommodate more people or cruise for longer periods, like a 2 week boating vacation, check out the range of Riviera, Sunrunner, Bayliner, Haines Hunter and many more. Read our articles on choosing a boat to ensure your boat checks all your boxes.
While browsing the boat manufacturer websites, use our Jade Boat Loans calculator to get a quick estimate on possible monthly repayments and see how the advertised sale price equates to our cheap boat loans.
Getting a Cheap Boat Loan
Like any time away, you don’t want your boating staycation expenses to blow out by signing up to an expensive boat finance package. Jade is your leisure boat finance broker that has the connections to source you a cheap boat loan offer on any boat you are considering.
We can act quickly on arranging your loan so you can get your order placed for your new boat. When contacting Jade Boat Loans you will be assigned your consultant so you have the on direct contact point to streamline the process.
To get started, we offer either our pre-approved boat loan process or the post-sale boat loan process. Both deliver the same high quality service and cheap loan outcomes.
- Pre-approved boat loans are arranged prior to you committing to a purchase with a seller. You simply contact Jade Boat Loans before looking at boats or before signing a sale contract or even right now. We will process your application based on your estimated spend.
- If you’ve already decided on your boat and agreed to a deal with the seller and then you contact Jade Boat Loans, we will provide you with a quote, then on acceptance of that quote, we can provide fast approvals and assist you with the paperwork to streamline the entire process.
With your cheap boat loan arranged through Jade Boat Loans with our better interest rates and personalised service, you will be set to enjoy your boating staycations for many years to come.
So don’t wait, get organised now so you’ll be staycationing on your own boat for the next holiday period.
If you are in lockdown or are required to self-isolate due to COVID-19, that should not affect your Jade Boat Loans application process as we offer a contactless service.
For a cheap staycation boat loan speak with a Jade Boat Loans consultant 1300 000 003 and get started on your loan application process.
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