AAA FINANCE & INSURANCE: Experience and focus on customer service

Secured Boat Loan

A Secured Boat Loan is also known as a Consumer Boat Loan.  This is the most common boat finance option to purchase a boat or watercraft for recreational use. It is a simple loan agreement between you and the lender with regular repayments for a predetermined time frame.  The boat finance is secured against the boat and the ownership of the boat is in your name.  With a secured boat loan the interest rates are lower than a personal unsecured boat loan.  The interest rate is fixed for the term of loan.  This means that repayments remain the same for the life of the loan making it easy to budget for.  A Secure Boat Loan can be paid out at any time.  The boat can also be sold at any time throughout the loan.

Advantages of a Secured Boat Loan

  • Up to 100% of the purchase price can be loaned.
  • More than 100% of the purchase price can be loaned to cover insurance and accessories. This means that a deposit may not be required.**
  • Competitive fixed interest rate.
  • Regular fixed repayment schedule.
  • Terms from 1 to 7 years available.

Apply for boat finance

Call our AAA Marine Finance Specialists today to get on the water tomorrow!  Call (07) 5493 1222 for quick over-the-phone application.  Or make a Quick Loan Enquiry Now.  We offer a quick approval process can also organise pre-approved boat finance.  Most boat finance is approved within 24 hours.
Secured Boat Loan | Boat Finance

Boat Insurance

Boat insurance is a must to protect both your asset and your loan.  AAA Finance and Insurance offers a range of boat insurance products to protect your new boat.  We also offer gap insurance and loan protection insurance to help protect your boat loan and your credit rating.

Boat Loan Calculator

Use our boat loan calculator to estimate your monthly repayments. You will need to estimate your boat loan amount, loan term in months and your interest rate.  AAA Finance and Insurance will get you the lowest interest rate possible.  Your interest rate is based on your credit history.

Useful link | Maritime Safety Queensland

Maritime Safety Queensland has compiled relevant information for new boat owners.


*The Comparison Rate is calculated on a Secured Loan of $30,000 fixed for a term of 5 years, effective 12/06/2015 and subject to change. WARNING: The Comparison Rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts may result in a different comparison rate.

**Conditions apply