Loans for Campervans in New Zealand
Make that driving holiday a reality with our quick guide to finance for motorhomes. Taking to the open road and exploring NZ from Cape Reigna, to Slope Point is a dream for most. But before you strap in and get started, with the most important before-you-go plan, financing your new RV with a quick look at finance for motorhomes.
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Motorhome Finance in NZ
The world of RVs and campervans is as varied as our NZ landscape; from full-on luxury RVs to classic second-hand VW campervans, there’s no right or wrong choice. But there is a right way to finance your motorhome choice. Let’s dive right into RV finance and discover why loans for campervans might be the key to a dream driving trip.
Private loans or finance for motorhomes allow you to make the right choice without compromising your dream RV experience. Choosing the right motorhome really makes a huge impact on how enjoyable your driving holiday is. We recommend researching how many people it can sleep, storage, and all the bells and whistles. A great place to start is Trademe.co.nz, where you’ll find an array of second-hand campervans for sale.
Know the Value of your Caravan
From there, you can get an idea of the rough cost and requirements you’ll need, and then you can look at finance for motorhomes. Researching before you plan to buy lets you understand the investment and repayments required for your RV Loan. Just like campervans, loans for campervans come in all amounts and sizes. It’s great to be knowledgeable as this increases your negotiating power.
When doing your research, we recommend you inspect the vehicles in person; the photos on sites like Trademe are great, but going inside different RVs will give you a great idea of how the space feels and what works for you.
RV Finance: Driving Your Dreams
RV Finance or motorhomes loans offer support for your road trip dreams in so many ways, but in our mind, the top three reasons to consider loans for campervans would be:
- They give you increased buying power: Campervan loans are designed to allow buyers to afford a top-notch vehicle that may have been unattainable otherwise. This enables you to explore a wider range of destinations and create lasting memories while on the road.
- Versatile repayment choices: Finance for Motorhomes offers flexible repayment terms that accommodate your individual financial circumstances. You have the freedom to select a repayment plan that aligns with your budget and lifestyle.
- Safeguard your savings: Opting for RV finance when purchasing a campervan allows you to safeguard your savings for other purposes, such as emergencies, retirement, or alternative investments. By keeping your savings intact, you can experience a sense of security, knowing that you have a financial safety net.
Get a Motorhome loan from Alternate Finance, and you’ll receive up to 36 months to make affordable loan repayments. When consolidating debt, we’ll give you a low interest rate in comparison to what you’re paying currently, and we’ll roll all debt into one simple payment. The low interest rate ranges from 13.95% to 26.98% p.a.
For more details, including early repayment conditions, our loan terms and conditions, establishment fees and default interest rates, please view our rates and fees webpage by clicking here.
If you want to get a loan for a motorhome from Alternate Finance, it’s important to get an understanding of our terms and conditions. When you apply for loans designed for consolidating debts, you’re agreeing to Alternate Finance having permission to store and collect your information. Alternate Finance will endeavour to keep all information on this website accurate and up to date, in regards to your finance, but if you spot any inaccuracies, please let us know in writing and we’ll rectify it within a reasonable timeframe. For further detailed information about consolidating debts, please follow this link.
Your details are data protected when applying for a loan, as we have end-to-end encryption on all of our web forms. All loan information you provide will be treated confidentially and you can have confidence that your loan application will remain secure.
Get a Motorhome loan from Alternate Finance, and you’ll receive up to 36 months to make affordable loan repayments. When consolidating debt, we’ll give you a low interest rate in comparison to what you’re paying currently, and we’ll roll all debt into one simple payment. The low interest rate ranges from 13.95% to 26.98% p.a.
For more details, including early repayment conditions, our loan terms and conditions, establishment fees and default interest rates, please view our rates and fees webpage by clicking here.
If you want to get a loan for a motorhome from Alternate Finance, it’s important to get an understanding of our terms and conditions. When you apply for loans designed for consolidating debts, you’re agreeing to Alternate Finance having permission to store and collect your information. Alternate Finance will endeavour to keep all information on this website accurate and up to date, in regards to your finance, but if you spot any inaccuracies, please let us know in writing and we’ll rectify it within a reasonable timeframe. For further detailed information about consolidating debts, please follow this link.
Your details are data protected when applying for a loan, as we have end-to-end encryption on all of our web forms. All loan information you provide will be treated confidentially and you can have confidence that your loan application will remain secure.
RV Loan Calculator
Did You Know?
Tip #1 Life on the Road: Do your research
It's essential to understand the specifics of the motorhome you want to purchase, such as its intended use and the layout that suits your life on the road. It's always smart to hire a few campers first, just so you can understand what you like about each of them. Once you know what you want, start tracking campers in a spreadsheet and their prices. You'll get an average price for what you're looking to buy, and assume you can negotiate up to 10% of it's price.
Tip #2 Pre-Owned or New Motorhomes?
While used motorhomes are more affordable, it’s essential to consider the vehicle’s condition, history, and ongoing maintenance costs. Campers generally have a lot of KMs racked up on them, so run the vehicle past your trusty mechanic first for a compression test and an experienced eye and WOF check. The good thing about buying second hand is that if you buy low, you may be able to sell it for a similar price, in the not too distant future. Lastly, do a vehicle check to make sure there's no money owing on second-hand vehicles, otherwise you'll become liable for that debt.
Tip #3 Exterior Check
Pay special attention to the exterior and underneath the vehicle, looking for signs of corrosion or structural damage. Often, you'll find that damage in vehicles has been panel beaten and resprayed professionally, so look for colour blemishes, uneven exterior where things may have been bogged, and give special attention around seals & windows. Below the vehicle, look for impact damage. Anything you find is excellent negotiating leverage.
Tip #4 Function Vs Fashion
We know some of them to look amazing, but if it doesn't include all the parts you need, i.e. toilet, storage space, a shower, or a place to chill that isn't your bed, then don’t get swept away by good looks. You also have to imagine all the items you want to take with you, and whether the camper will look as good once it's all packed up and ready to go. You won't want to be in a cramped space.
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Frequently Asked Questions
Can I get finance for motorhomes if I am buying privately?
At Alternate Finance, our campervan loans provide loans for campervans and motorhomes, even if you buy privately. This means you can negotiate as a cash buyer. Chat with us and get pre-approval for your loan and then start browning the pre-loved RV market with a secure budget in mind.
What do you need to apply for a Campervan Loan?
How long are loans for campervans taken out for?
How do I do a vehicle check on a second-hand vehicle?