Question 1

How does vehicle sourcing work?

Accepted Answer

As direct partners with bookatestdrive.com.au, we connect you with their expert team who have access to exclusive vehicle stock across Australia. Simply open the app, select or describe the vehicle you're after, and submit an enquiry. Their team will source options, negotiate competitive pricing, and present you with the best deals — all at no cost to you.

Question 2

Is there a cost for vehicle sourcing enquiries?

Accepted Answer

No, there's absolutely no cost and no obligation. You can enquire freely through the app. Our partner earns from the deal itself, so their incentive is to find you the best vehicle at the best price. You only pay if you decide to proceed with a purchase.

Question 3

What credit score do I need for caravan finance?

Accepted Answer

Credit requirements vary by lender, but our partner bookatestdrive.com.au works with multiple lenders to find options for various credit profiles. Even if you've had credit challenges in the past, there may be options available. The best approach is to chat with their team to understand your specific situation.

Question 4

Can I finance a used caravan?

Accepted Answer

Yes, financing is available for both new and used caravans. Used caravan finance typically has slightly different terms and rates compared to new, but competitive options are available. Age restrictions may apply to older caravans, typically up to 15-20 years old depending on the lender.

Question 5

What documents are required for finance approval?

Accepted Answer

Generally, you'll need proof of identity (driver's licence, passport), proof of income (payslips, tax returns for self-employed), bank statements, and details about the caravan or vehicle you're financing. The bookatestdrive team can guide you through exactly what's needed for your application.

Question 6

How long does finance approval take?

Accepted Answer

Pre-approval can often be obtained within 24-48 hours for straightforward applications. Full approval typically takes 2-5 business days once all documentation is submitted. The timeline can vary based on your circumstances and the lender's requirements.

Question 7

Are there any hidden fees I should know about?

Accepted Answer

Reputable lenders disclose all fees upfront, including establishment fees, monthly account fees, and early termination fees. Our partner ensures full transparency on all costs before you commit. Always review the loan contract carefully and ask questions about any fees you don't understand.

Question 8

Can I pay off my caravan loan early?

Accepted Answer

Most caravan loans allow early repayment, though some may have early termination fees. Fixed-rate loans may have break costs, while variable-rate loans typically have more flexibility. It's worth checking the specific terms of your loan or asking about early repayment options before signing.

Question 9

Do you offer caravan finance as well as vehicle finance?

Accepted Answer

Yes! Through our direct partnership with bookatestdrive.com.au, finance is available for caravans (both new and used), tow vehicles, and equipment or accessories. Their team works with multiple lenders to find competitive caravan loan rates and flexible terms tailored to your situation — whether you're buying your first caravan or upgrading your current setup.

Question 10

How much can I borrow for a caravan?

Accepted Answer

Caravan loan amounts typically range from $10,000 to $250,000+ depending on your income, credit history, and the caravan's value. Lenders generally finance up to 100% of a new caravan's purchase price and up to 80–90% for used caravans. Our partner bookatestdrive.com.au works with multiple lenders to find the best caravan loan amount and terms for your situation — simply submit an enquiry for a personalised assessment.

Question 11

What are current caravan loan rates in Australia?

Accepted Answer

Caravan loan rates in Australia currently start from around 5.99% p.a. for secured loans, though rates vary based on the lender, loan term, caravan age, and your credit profile. Fixed and variable rate options are available with terms up to 7 years. Our partner compares rates across multiple lenders to find the most competitive caravan finance rate for your circumstances.

Caravan & Vehicle Finance Made Simple