Why financing a boat is better than purchasing outright.

You’ve made the decision and want to buy a motor boat, fishing boat, sailboat or jetski. The next step is to think about how you’re going to finance it. Many people are under the impression that buying a boat will put a huge dent in your savings, but this is actually not the case.

Financing your boat through a reputable boat financer like 360 Boat Finance is a very affordable option that will allow you to get your boat out on the water straight away, while often paying considerably less or no more than you would for a new car loan.

Financing your boat is both a reasonable and realistic option, and here’s why it’ll work out so much better for you.

You’ll have more cash flow.

Paying in small repayments either weekly, fortnightly or monthly means you won’t be handing over a large lump sum and will have more of your own money over time to enjoy yourself. You won’t have to dip into your savings to buy the boat of your dreams. Instead, you’ll barely notice the repayments as you continue to go about your daily life and you’ll still be able to easily afford those little luxuries like nice restaurants and weekend trips away.

Here at 360 Boat Finance we can offer you the possibility and flexibility to personalise your loan in line with what you can afford, so you can choose the term of your loan, the frequency of your repayments and whether you’d like to factor in any extra repayments or balloon payments. This means that your loan can be tailored to suit your lifestyle and you’ll have more cash flow, allowing you to keep more of your own money in your pocket.

It’s affordable.

Financing a boat doesn’t have to cost an enormous amount of money. With our easy repayment schedules and competitive interest rates, it couldn’t be a simpler or more affordable time to buy a boat. Take a look at our finance calculator to get an idea of what you’d be paying with one of our easy, affordable boat finance loans. Our flexible loan terms and repayment schedules give you the ability to sign up for only what you can afford, so you won’t ever be struggling at the end of the month to meet your repayments. Instead, it’ll be a simple process that you’ll barely even notice as you spend your time enjoying your new boat.

You can afford to buy the best.

Choosing to finance your boat means you’ll be able to afford a lot more than you could if you had chosen to pay outright. You can choose a loan amount of whatever you need up to $250 000, and can then pay it off in easy and affordable repayments so you won’t have to hand over a lump sum and put a large dent in your savings. You’ll have more money in your pocket and you’ll be able to buy a bigger, newer or more powerful boat, a trailer, and better equipment to go along with it so your boating experience can be the very best. You’ll be able to afford all the necessary safety gear and any extra accessories you may want, so you’ll be able to enjoy everything your boat has to offer. You won’t have to hold back or settle for less than the best, because boat financing gives you the freedom to get what you want (and more) without blowing your budget.

Beautiful day with speed boat

You can get out on the water faster.

Financing your boat also means you can take it with you as soon as you’ve bought it, and get it out on the water straight away. Don’t delay your enjoyment, knowing your boat is locked up in a yard somewhere until you can afford to pay it off. With effective boat financing you’ll be able to take to the sea and start exploring straight away, or maybe you want to work on your jetski, water skiing and wake boarding skills, or become a fishing pro. You’ll be able to sail up the coast on the adventure you’ve always dreamed of, or just away into the sunset on your brand new boat, without the stress of payment weighing on your mind.

It’s much easier than you think to own a boat and enjoy everything it has to offer. Owning a boat is a lifestyle choice, and it’s one you won’t want to give up in a hurry once you’ve experienced it. So don’t put it off anymore! You don’t have to be deterred by the costs involved, and you don’t have to worry about how you’re going to afford the loan repayments. Boat financing is a fantastic and viable option if you’re looking to buy a new or used boat, and 360 Boat Finance can offer flexible repayment options that will make it easier than ever.