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

Jemma Pudwell

15 February 2024

We have used Jase from AAA Finance twice in the last 12 months, and he has been great to deal with. Communication was great, he was very proactive especially if anything may come up and were very quick in getting it all sorted in the best possible way to suite our situation. Highly recommend and will use Jase again in the future.

Ryan Smith

14 February 2024

Just finished my process with Ray from AAA finance. The man is unbelievably genuine and taught me so much throughout the process. This wasn't just about securing my finance and Ray showed that through immaculate service. Ray has educated me and shed light onto future projects only confirming where I'll be taking my business in the future. Absolutely phenomenal and wouldn't even consider using anyone else. Thanks again Ray!

Wayne Roby

29 January 2024

AAA were awesome at helping me out of a tight situation (and with bad credit file) ! they were friendly and quick to respond. i would highly recommend them

Ree PAPMS

23 January 2024

Jason was professional, organised and very helpful in regards to the loan for camper van. I am very grateful to have spoken to someone who managed the process so easily, flexibly and was able to provide solutions. Thank you

Emily Dimitriou

10 December 2023

Jason has been absolutely wonderful to deal with and we couldnt be happier with his service. Top notch 😊

Katherine Menadue

15 November 2023

I have just secured a loan through AAA Finance and Insurance to invest in an emerging business O2 for life. The whole process was simple and quick. Ray Wilson was excellent, available at all times to help with any queries. I would strongly recommend Ray and his business for any finance requirements.

Breanna Carr

26 October 2023

They are so easy to talk to, answered every question I asked no matter what question it was and they were just great.

Christopher Dyke

17 October 2023

Getting finance is a big step to take and can be a bit daunting. AAA Finance makes the process so easy, which is the reason why I am a repeat client having now purchased multiple vehicles through using their service. You get genuine service from an honest team and assured you are looked after. Give them a go once, it’s all you’ll need!! Thanks AAA Finance!!

Marissa Carr

12 October 2023

Ray has been absolutely amazing. Thank you