caravans & rvs

Chris Reid Jul 3, 2023

We've compiled an article completely centered around the frequently asked questions we get about caravan finance. If you've never financed a caravan or are well versed in the ins and outs of caravan finance and would like a refresher, we have you covered. If you have a query about caravan finance that's not covered in this article, please feel free to give us a call on 1300 955 600 and our friendly team can assist you with your question.

 

What is the best way to pay for your caravan?

 

Now we know what you're thinking, hmm I wonder if the finance company writing this article will suggest finance as the best option. The thing is finance may not be the best option for you but it could work perfectly for another person. It all depends on your financial situation, your goals and your preferred budgeting method. We break down all the major pros and cons in our full article. Here's a quick summary:

 

Cash

  • Upfront payment in full means no ongoing monthly repayments/ no credit checks
  • If it fully depletes your savings, you're left with no emergency/rainy day funds
  • Purchase may be significantly delayed due to budgeting/saving

 

 Redrawing on your mortgage

  • Easy to secure
  • No additional outgoings: you just continue to pay your mortgage as you were previously
  • Completely at the discretion of your lender whether you're able to access your redraw

 

Financing

  • Budgeting is a breeze
  • Keep your savings in your account for better cash flow and be covered 
  • You have a monthly repayment

 

Why should I use a caravan finance broker?

 

Whether it's your first caravan or second or third, figuring out how you'll be securing the funds is a significant decision. If you're tossing up between going to the bank or using a caravan finance broker, we've put together some key benefits of using a broker which you may not have been aware of.

Below is a short version:

  • Access to a multitude of lenders
  • It's a faster, more straightforward process
  • Proven experience with caravans
  • Personalised service
  • Continued support after financing is secured

  

How to get the best price for your caravan?

 

We've been in the caravan finance game for over 20 years and as a result know many of the tried and tested tactics to get the best price for your caravan. Not only will these tips help you get a better sale price, they'll assist in making the whole buying process a lot smoother. Below is a short summary of our full article on this topic:

  • Tip 1. Walk in well researched 
  • Tip 2. Timing can be crucial
  • Tip 3. Be willing to walk away
  • Tip 4. Avoid frustration 
  • Tip 5. have your finances in order

 

Get your obligation-free quote today

 

Backed by two decades of industry experience and an overwhelming amount of positive customer reviews, discover how Stratton Finance brokers can help you finance your new caravan today.

Looking for more information?

We've made it easy for you to find everything you need here.

EXCEPTIONAL, as good as Customer Service gets

I’ll keep this simple, if you want the BEST advice, the BEST service and the BEST product for your c... Product Review

Can't Recommend Highly Enough!!

Have purchased two vehicles through Stratton Finance and each time the service has been fantastic. S... Product Review

Stratton Finance A++

I've purchased 3 vehicles using Stratton and every time it has been hassle free. Not hidden nasties ... Product Review

Meet our partners

We partner with industry leaders to streamline the process, ensuring we get the keys in your hands more swiftly and efficiently.

Pepper Money

RateSetter

AMMF

Liberty

Westpac

ANZ

Latitude

Redbook

Thorn Group

Bank of Queensland

Carsales

Get Capital

Carconnect

Finance1

Capital Finance

Angle Finance

Moneyplace

Metro Finance

Let's get started

Obligation free and no impact to credit score