Australia provides a wide array of land and sight that you can explore. However, whether individually or with family, you will need a road vehicle that allows you to relish the experience. As such, you will need a caravan or motorhome. Well, if you are considering making an outright purchase, you might find it challenging. This is due to the high cost of purchase associated with a caravan.
At i-Fund, we recognise the unique circumstances that you find yourself. As such, we provide viable options that allow you to make the necessary purchases without bearing the strain of a lump sum payment.
Our financial services allow us to connect you with various lenders capable of providing the necessary caravan finance that you need. We have a team of experts in the finance industry. As such, we can deliver to meet your funding needs.
Our caravan finance cut across the following caravan type.
i-Fund – delivering cost-effective financing options to your doorstep
If you are looking to complete the purchase of a caravan, whether old or new, various financing options are available. These options include:
Personal Contract Purchase
Our hire purchase financing option allows you to acquire the caravan that you need for hire. In turn, you commit to a monthly repayment over time. The idea is that we will enable you to break the lump sum payment into a smaller sum that you can pay over an extended period at your convenience. Then once you complete the payment, we transfer ownership of the caravan to you.
We also offer the opportunity to acquire the caravan of your choice through a personal contract purchase. With this financing option, we offer flexibility and lower repayments requirement compared to the hire purchase option.
We connect you to a willing dealer. In turn, you agree to pay an initial deposit which kickstarts the finance process. You then commit to monthly payment over a while.
The difference, however, is that in this option a large part of the repayment sum is waitlisted to the final repayment sum. Although this is optional, once you make it, you gain ownership of the caravan.
We offer the chattel mortgage option for your caravan financing. We provide the full purchase price needed to purchase the preferred caravan. In return, you buy the vehicle and grant the lender a right over the caravan through a mortgage. This functions as security.
You then commit to regular repayment over a period. Then as soon as you complete the repayment, the mortgage right gets extinguished, and you own the caravan outrightly.
Our asset lease option allows you to lease a wide range of caravan that you need. In turn, you commit to payment with an option to either own them or return them after the period has lapsed.
The idea is that we allow you to use the caravan for as much as you require. You can then purchase them if you need to. Alternatively, you can upgrade them or sell them based on your preference.
We possess various competitive advantages that make us desirable for your caravan financing needs. So, you are rest assured you are making the right choice; here is what set us apart.