What is a Secured Boat Loan?

A Secured Boat Loan is also known as a Consumer Boat Loan. This is the most common boat finance option to buy 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.

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 and individual profile.

BOAT LOAN CALCULATOR

Apply for a Secured Boat Loan

Contact our AAA Marine Finance Experts now to get out on the water as soon as possible! Call: (07) 5493 1222 to get a quick over the phone application. Or Contact Us online. We offer a quick approval process and can organise Pre Approved Boat finance. Most boat finance is approved within 24 hours.

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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 wide range of different boat insurance products to help protect and cover your new boat. We also offer gap insurance and loan protection insurance to help you protect the boat loan and your credit rating.

Useful link | Maritime Safety Queensland

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

**Conditions apply

John Shanahan

3 May 2023

We worked with Jason to arrange finance for our Austrack van. Jason's service, knowledge and understanding was fantastic. Great outcome and can't wait to get into our van! Thanks Jase.

Robbie Amhaz

10 March 2023

I Have been with AAA for many years now and they have always been my go too broker for personal loans. Peter & Jason always go the extra mile for me as a client and their rates & fees are competitive. We recently purchased a brand-new car and AAA got us the loan we wanted and at the right interest rate. Excellent service and industry knowledge. Thanks Again Robbie Amhaz

Paul Mansell

18 August 2022

These guys go above and beyond. I would recommend them to anyone.

Wayne Jones

27 July 2022

Warwick provided a very simple platform to execute our business with him,nothing was a issue and he was very prompt getting back to us or returning calls,highly recommend AAA Finance

Corey

11 July 2022

The team at AAA made the finance application process incredibly smooth and stress-free, handling all of the otherwise difficult paperwork with the lender and seller. We have used them multiple times now and have never been disappointed!

Lyndon D

9 December 2021

We had Jaime as our broker and wow! She did such a great job. 10/10 customer service! Answered every question, gave us all the advice we needed. Can’t fault anything at all. Thank you Jaime !

Bianca Bloomfield

9 November 2021

These guys were fantastic ! - Jaime was prompt, professional and kept me in the loop while the finance boxs were ticked in the background. This was all done very quickly and they were super competitive in the market, which was awesome, when there was additional requirements she was straight on the phone-Highly recommend !!

Larna Kerswell

14 October 2021

Warwick at AAA Finance was so easy and great to deal with. He was patient and helpful with us every step of the way. We would recommend them to anyone looking around for finance. Thank you so mauch Warwick and AAA Finance.

Donna Joy

23 September 2021

I was very happy with the excellent service given by Sam Sharpe. He was helpful, polite and easy to understand. Thanks Sam 😃