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There are a few options available to help you finance a jet ski, but how do you find the right one? Lenders can offer loan tailored to jet ski purchases as well as secured or unsecured personal loans.
Each of these options comes with benefits and drawbacks. This guide will take you through your options so you can find the right one for you.
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Borrow funds of up to $250,000 to finance your boat purchase and choose from both secured and unsecured loan options.
To find the right loan for you, pay attention to and compare the following features:
The cost of a jet ski varies greatly depending on elements such as the model, age, hours ridden and whether it is new or used. At the lower end, a used jet ski could set you back as little as $2,000. A higher end new jet ski could cost upwards of $17,000.
You then need to add the costs of licencing, maintenance and gear into the upfront cost.
Use the comparison table on this page to sort through your options and find the right one for you. You can click through to each lender's review page or website to check the eligibility criteria and documents that will be required to complete your application.
Eligibility criteria differ so it's important to check this before you apply. Most lenders will require you to be over 18 and earning an income. If the loan is secured there may also be requirements regarding the jet ski you want to finance.
While most lenders will require you to have good credit, there are some lenders that will consider you if you have negative marks on your credit file. Keep in mind that these loans will be higher in cost and you may be required to meet additional criteria. For example, you will need to supply three months of your bank statements on application.
You can compare a range of bad credit jet ski loan options below.
The loans below allow you to borrow cash for a short period when you may need the emergency money.
Depending on your credit worthiness and suitability there is a wide range of options in the marketplace for you to finance your jet ski. Remember to compare the options available to you before applying with any of the lenders on this page.
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