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Leisure Loans

Life shouldn’t be all work no play. If there’s a specific toy you have in mind like a bike, jet ski or caravan you can take out a leisure loan and enjoy some R&R.
Start your quote

100% free. No impact on your credit score

Leisure loan

Leisure Loans

Life shouldn’t be all work no play. If there’s a specific toy you have in mind like a bike, jet ski or caravan you can take out a leisure loan and enjoy some R&R.
Start your quote

100% free. No impact on your credit score

  Written by 
Savvy Editorial Team

Author

Savvy Editorial Team
Savvy's content writing team are professionals with a wide and diverse range of industry experience and topic knowledge. We write across a broad spectrum of finance-related topics to provide our readers with informative resources to help them learn more about a certain area or enable them to decide on which product is best for their needs with careful comparison. Meet the team behind the operation here. Visit our authors page to meet Savvy's expert writing team, committed to delivering informative and engaging content to help you make informed financial decisions.
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Last updated
March 6th, 2025


Life is to short to not enjoy your free time. Whether you'd like a boat to go fishing, a Harley Davidson to cruise or a caravan for weekend adventures it can be secured with a leisure loan. 

Leisure loans are fairly similar to a car loan. The loan is secured to the asset (such as a boat) that you finance. That means the funds you've been approved for can only be used on that leisure item and your repayments go towards paying it off. Leisure finance is different to a personal loan. That means you can't take your approved finance and spend on whatever your heart desires. 

Types of leisure loans

There's a few different items that are classified as leisure. They are most commonly:

If you're looking to secure finance for a more extreme toy such as a go kart or drag racing vehicle it's more likely to be classed as a personal or even business loan pending how you use it. The good news is Savvy can still assist you with financing for it.

Why compare leisure loans with Savvy?

Have the hard work done for you

Once you tell us about yourself and the loan you're after, we'll compare offers for you and prepare your formal application.

Trusted lender panel

We're partnered with some Australia's leading lenders to bring you a range of competitive offers to compare in one place.

Award-winning service

We're a Platinum Trusted Service Award winner with Feefo and our rating of 4.9 stars our of 5 shows our customers' satisfaction.

Are leisure loans more expensive than car loans?

Yes, leisure finance rates are usually higher than a car loan. As of March 2025 Savvy has car loan rates starting from 5.94%. The best rate available for leisure loans begins at 6.74%.

WHAT OUR CUSTOMERS SAY ABOUT THEIR FINANCE EXPERIENCE

WHAT OUR CUSTOMERS ARE SAYING

5/5
Customer Feedback
Easy to deal with, Daniel kept me updated for all the process
 
5/5
Customer Feedback
Fast result, hassle free, would definitely use again!
 
5/5
Damien is a legend
Best service by far. Damien was the easiest to talk to helpful and very polite.would recommend him to anyone
 
5/5
Great help
Absolutely the best service very quick and easy, Jim from Savy was a great help with getting a bike loan and made the process smooth.
 
5/5
Great service, competitive options
I am very happy to recommend Savvy. I approached Savvy to help me part finance a recent vehicle purchase and I dealt with Patrick who was responsive, courteous, provided sound advice on alternatives, and importantly, listened to my needs. There was no hard sell and nothing was too much trouble in finding the best fit financing deal. I am very happy with the end result and the interest rate and flexible terms that I was able to secure.
 
5/5
Customer Feedback
Good reliable service. We're very helpful. Good experience. Thank you.
 
5/5
Awesome service
Friendly, professional and always looked for best value for money for me
 

Savvy is rated 4.9 for customer satisfaction by 613 customers.
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Have questions about leisure loans?​

Can I find out how much I can spend?

Yes – you can use our online loan calculator to find out a rough estimate of how much a loan will cost long-term and with each repayment. It’s free to use and there’s no obligation to apply.

Yes – if you meet one of our lenders' eligibility requirements, we can help people with bad credit find a leisure finance loan.

Yes! Our financial professionals are here to help. Call us on 1300 974 066 to get your leisure finance process started.

Yes! We help the self-employed, entrepreneurs, and even retirees find leisure finance loans that suit their needs.

What about loans for a jet ski? Or a recreational vehicle?

Savvy finances all types of leisure craft. If it floats or drives, we'll help you find a loan product best suited to your situation and budget among our panel of lenders.

Yes! Savvy specialises in financing boats, jet skis, caravans, and motorbikes bought in private sales.

Yes! We offer pre-approval so you can start your leisure craft purchase the right way.

Helpful guides on leisure loans

Compare Leisure Loans Today

We're here to help you find the most affordable options, so there's no better way to compare leisure loans and rates than right here, all in one place.
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Quantum Savvy Pty Ltd (ABN 78 660 493 194) trades as Savvy and operates as an Authorised Credit Representative 541339 of Australian Credit Licence 414426 (AFAS Group Pty Ltd, ABN 12 134 138 686). We are one of Australia’s leading financial comparison sites and have been helping Australians make savvy decisions when it comes to their money for over a decade.

We’re partnered with lenders, insurers and other financial institutions who compensate us for business initiated through our website. We earn a commission each time a customer chooses or buys a product advertised on our site, which you can find out more about here, as well as in our credit guide for asset finance. It’s also crucial to read the terms and conditions, Product Disclosure Statement (PDS) or credit guide of our partners before signing up for your chosen product. However, the compensation we receive doesn’t impact the content written and published on our website, as our writing team exercises full editorial independence.

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