Wake boats are certainly some of the most exciting machines on water and highly sought-after by many buyers. They offer a wide range of boating activities including tow sports as well as making a great day boat for friends and family. With boats in high demand due to the pandemic over the past 2 years, it’s exciting to see a brand new wake boat hitting the market from one of Australia’s leading manufacturers – Malibu. The new Malibu Wakesetter is reported to be available for buyers from January 2022 – less than a month away. So if a wake boat is on your wish list this summer, Jade Boat Loans puts out the alert that it’s time to get ready to own the new Malibu Wakesetter with a cheap interest rate boat loan.
We take you through the features on the new 2022 Wakesetter 21LX and details of what boat loans we have available to make the purchase a reality.
Malibu Wakesetter 21 LX
According to Malibu, this new boat features a unique characteristic in the hybrid bow design. This incorporates the space provided by a square bow but with the lines of the traditional bow shape. Billed as a perfect all-rounder, the 21LX has comfort, versatility and ability for skiing.
Features and specs include:-
- Standard direct injection engine. Output: 360HP and 400 ft-lbs
- New Command Centre, powered by mOS
- Diamond hull, designed for perfect waves and wakes for surfing, skiing and wakeboarding.
- Surf band, integrated ski pole and Surf Gate.
- Capacity 12 people
- Lenghth 6.4m, beam 2.5m, draft .69m
- Fuel tank capacity 189 litres
- Australian-built
Check out the full specs and details and place your order or express your interest asap. Malibu boats are always in hot demand so to ensure you don’t miss out on your new Wakesetter, let’s talk loans and how we can assist you in owning your new 2022 model.
Wake Boat Loan Options
Some banks and finance companies only offer a generic style of personal secured loan to finance boat purchases. These can be competitively priced in terms of interest rates as you can see from the comparison chart we have posted which compares loans offered by some of our lenders.
But what you will also notice is the specific Secured Boat Loan that we offer. As specialists in marine finance, we do offer specific loans for boats and this covers a wide range of power and sail boats including, wake, tow and ski boats.
Our Secured Boat Loan follows an easy-to-understand and widely-accepted secured finance format. The boat, in this case the Wakesetter 21LX, is put up as security against the loan. Lenders will lodge their interest in the boat with the PPSR and will release this interest when the loan is fully paid.
The loan is repaid in equal monthly instalments, repayments, over the set number of years of the loan term.
We establish this type of loan with a fixed interest rate so our customers are covered against any moves in general lending rates over the term of their loan. If the RBA does increase the official cash rate, the boat loan secured at a fixed interest rate would not be affected.
A fixed loan term of up to 7 years is also established. This fixed term in concert with the fixed interest rate, results in a fixed loan repayment figure. So our customers can head out on their Wakesetter with the peace of mind that their loan is set and fixed for the years ahead.
No deposit finance may be available and is dependent on the application assessment by our consultants and lenders.
Your Wakesetter is going to need a trailer. To make the cost of purchase more attainable, combo boat loans where the price of the trailer and the boat can be combined into the one loan are available. Talk to us about this is achieved as there are a few guidelines to be met.
Applying for a Pre-Approved Loan
With orders open for the new Malibu Wakesetter, keen buyers will want to be one of the first to take delivery. To facilitate that to occur, we recommend applying for a pre-approved loan right now. Stock of the 20LX is expected in January, so now is great timing to lock in your boat loan.
Simply contact us or complete the online application form and we will get straight onto sourcing you a loan quote and processing your application.
Achieving the Cheapest Wakesetter Finance
With a price of around $165,000 being circulated on the new Wakesetter, buyers will no doubt be seeking the cheapest finance available. We can offer a few tips, hints and guidelines for securing the cheapest boat loan.
Ensure your credit score and profile is in good order. Lenders will assess this as part of the application approval process. Good credit scores can attract lower interest rates.
Ensure your personal balance sheet is also in good shape. This reflects borrowing capacity and may affect the opportunity for say a no deposit loan. Reducing other debts is a key aspect of that process.
Engage with a specialist marine lender such as Jade Boat Loans. We have access to lenders that specialise boat loans and can offer the cheapest rates and loans.
Contact Jade Boat Loans on 1300 000 003 for a loan quote for a new Malibu Wakesetter
DISCLAIMER: THE INFORMATION AND SPECIFIC DETAILS CONTAINED IN THE CONTENT OF THIS ARTICLE HAVE BEEN PREPARED AND ARE PRESENTED PURELY AS GENERAL INFORMATION AND NOT INTENDED AS THE ONLY SOURCE OF FINANCIAL ADVICE FOR BOAT BUYERS AND LOAN BORROWERS. FOR THOSE THAT CONSIDER THEY REQUIRE SPECIFIC ADVICE, THEY SHOULD CONSULT WITH A FINANCIAL ADVISOR. LIABILITY IS NOT ACCEPTED IN REGARD TO ERRORS AND MIS-PRESENTED DATA AND DETAILS HEREIN.
