Using a personal loan to buy your new caravan or campervan
A personal loan is a great way to get your hands on a new caravan or campervan without putting up any security against the loan. It’s a simple and easy method of financing that could help make those dreams of long weekend trips to the mountains a reality.
How it works
When you secure a personal loan, you have full control over the purchase of your caravan or campervan. Once you agree to the repayment terms, your lender will then put some money in your account, and you can go out and buy the camper of your dreams. The best thing however, is the fact that you take full ownership of the vehicle from the moment of purchase as the lender will not hold it as security for the loan.
- Flexibility – You can pay your loan off over 12 to 120 months (one to ten years)
- Interest rates – Opt for either fixed or variable
- Deposit – Use cash or trade-in your old caravan
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