Marine Finance and Boat Loans in Perth
Frontline Car Loans arranges boat finance for Perth buyers purchasing new or used boats, jet skis, and other recreational watercraft. From fishing tinnies to cruisers and ski boats, we compare over 30 lenders to find competitive marine finance tailored to your needs.
What Types of Watercraft Can Be Financed?
We arrange finance for a wide range of watercraft including aluminium fishing boats, fibreglass runabouts, ski and wakeboard boats, cruisers, cabin cruisers, deck boats, jet skis and PWCs, inflatable RIBs, and sailboats. Trailers and marine engines can often be included in the finance package.
Boat Loan Options in Perth
Secured marine loan: Your boat (and trailer if applicable) serves as security for the loan. This typically gives you access to lower interest rates. Lenders will usually require the boat to be comprehensively insured for the term of the loan.
Personal loan: For smaller or older boats that may not qualify for secured finance. Fewer restrictions but generally higher interest rates.
Business marine finance: If you use your boat for charter, fishing commercially, or other business purposes, business finance structures may allow you to claim tax deductions on interest and depreciation.
Key Considerations for Boat Finance
Lenders apply age restrictions to marine finance, similar to car loans. Most lenders will finance boats up to 10-15 years old at the time of purchase. Fibreglass boats tend to have better resale value and may attract more favourable finance terms than aluminium boats of equivalent age. Hull insurance is generally mandatory during the loan term.
Can I Include the Trailer in My Boat Loan?
Yes. In most cases the trailer and even motor can be included in the finance package, provided they are being purchased at the same time as the boat. This simplifies your finance into a single repayment covering the complete package.
Get a Boat Finance Quote in Perth
Call Frontline Car Loans on 1300 857 130 or submit a free quick quote online. Our marine finance specialists will compare rates from 30+ lenders and find the best deal for your new boat purchase.