We hear you! The past nearly two years of living in the COVID-19 world has been tiresome and many are ready for a change as soon as restrictions and health orders permit. Getting out of lockdown with the wind in your sails, the aroma of salt air invigorating your senses and nothing ahead but the horizon can be more than just a dream. Having a real, out-to-sea change can be a definite possibility with the ideal yacht purchased with the ideal yacht loan.
While the sail versus power boat debate will continue in perpetuity, there are clear advantages offered by sailing when it comes to getting a long way away, easily and relatively inexpensively. Yachts are the preferred craft of choice for those seeking long distance touring. In the current scenario, that could involve heading up or down the coast and hopefully in the near future, beyond state borders.
With less need to refuel and with just the wind as the primary source of power, yachts can travel long distances with ease and provide the ultimate enjoyment. Yacht builders cater for the comforts required with luxurious inclusions on the latest models.
If you’re hankering to really get away from it all, when permitted, then perhaps it’s time to get organised and purchase a yacht suited to inter-state destinations. Our boat loan products cover yachts of many sizes and types and our cheap interest rates, combined with the expertise of our consultants, have the proven ability to make even the most luxurious yachts truly affordable.
Securing Your Ideal Yacht Loan
Before checking out some of the latest yachts on the market, checking out your loan options can be advisable. Knowing your finance options, what your repayments may be and what loan amount you would be approved for, prior to engaging in purchase discussions with the yacht broker can be extremely helpful.
By engaging with us prior to purchase to arrange pre-approved finance, buyers can gain a better indication of what is within their buying power. When a pre-approved yacht loan is secured, buyers can be in a better position to negotiate on price and place their order without delay. With global supply chain issues currently impacting many sectors, having finance arranged and being able to order on the spot can be key to taking delivery sooner.
The most suitable loan for most new yacht buyers is our Secured Boat Loan. A versatile and straightforward finance product where the lender accepts the yacht as security against the loan and the borrower repays the loan in equal monthly instalments.
No deposit loans are available for many borrowers so the full purchase price can be included in the loan. This may also include a range of accessories and options offered by the yacht builder to customise your yacht to suit your requirements.
At Jade, we arrange Secured Boat Loans at our cheap interest rate which is fixed for the full term of the loan. The loan is also fixed so repayments remain constant and unchanged over that time. A factor which can provide peace of mind when you’re enjoying an extended sailing trip. This loan product suits many new yachts from leading manufacturers both in Australia and from overseas.
Interest Rates on Yacht Loans
While not all lenders offer specific yacht or boat loans, as a key lender in marine finance, Jade Boat Loans does. Our interest rates on our yacht loans are established to specifically suit the market, not simply as a generic consumer loan which could apply to a range of goods.
By sourcing loans for our customers from across a wide range of banks and lenders, our consultants have the access and the expertise to achieve the cheapest yacht loan interest rates on the market. To assist buyers to get a rough idea of what repayments may be on yachts they are considering, we have prepared an Interest Rate Comparison Calculator. By entering the loan amount and preferred loan term, a monthly repayment estimate is instantly displayed.
With information on repayment estimates attained, it’s time to check out the market and start narrowing down the wish list to specific yachts that suit your plans.
Yachts to Consider
One of the first decisions for those planning extended and long distance sailing touring is single or multi-hull. Key yacht builders to consider in the single hull category include Beneteau, Oceanis, Hanse, Bavaria, Jeanneau and Dufour. In the multihull category, names like Lagoon, Dufour and Sunreef.
Consideration also needs to be made to the ease of sailing the vessel of choice. If planning to sail single or double-handed, attention needs to be made to ease of handling. The Sunreef 74 for example, is designed to be sailed by two people with the sails handled from the helm.
When selecting your yacht, ensure all the necessary, plus more, safety equipment is installed. If required, include extra items when ordering so your Jade consultant can include the cost in the overall yacht loan.
As Australia edges towards those vaccination targets that signal more freedoms, now could be the time to activate your out-to-sea plan with a new yacht purchase. Speak with us about pre-approved yacht finance to streamlined the process.
Contact Jade Boat Loans on 1300 000 003 for new yacht finance
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 MISPRESENTED DATA AND DETAILS HEREIN.
