A jetski loan from NOW Finance is designed to help you purchase a new or used jetski without paying the full cost upfront. You borrow a set amount and repay it through fixed monthly instalments over a chosen term, which includes the interest rate and any applicable fees.

With a jetski loan, you could get your jetski sooner while spreading the cost over time. NOW Finance offers jetski loan amounts from $5,000 to $40,000, flexible repayment terms and no ongoing fees, making it easier to find an option that suits your budget.

With NOW Finance, you typically don’t need a deposit to get a jetski loan. You can borrow the full amount needed to purchase your new or used jetski, depending on your income, credit history, and overall financial situation.

However, making a deposit can reduce the total amount borrowed, lower your repayments, and help you pay off the loan sooner.

Yes. Unless you are choosing our unsecured Personal Loan option, your loan is secured by the jetski you are purchasing, we require it to be comprehensively insured for the duration of your loan. Having comprehensive insurance on your boat helps protect you and reduce financial risk if it’s damaged, stolen, or written off. At NOW Finance, insurance isn’t included in the loan, so you’ll need to arrange it separately through your preferred insurer.

Yes, you may be able to use a personal loan to buy a jetski. A personal loan may be a better choice if you want more flexibility in how you use the funds, or if you’d like to use the loan for multiple purposes. Our Car Loan product is designed to make the purchase of a new or used jetski simple, straightforward and quick. While our Personal Loan product is designed with more flexibility in mind, as it can be used for a wider range of purposes, and for up to four purposes with one loan. So if you’re wanting to take out a loan to purchase a jetski, and for example consolidating debt and do some home improvements a Personal Loan may be the way to go.

When you get a personalised quote, if both products are suitable for your needs, we’ll make both options available so that you can compare your options side-by-side and decide what best suits your needs and budget.

Yes, you can get a jetski loan for a second-hand or used jetski. Loan terms may vary depending on the jetski’s age, condition, and value, as we’ll assess these factors when determining eligibility.

A used jetski loan works the same way as a new jetski loan, you borrow a set amount with a fixed interest rate and make regular repayments until the loan is fully repaid.

Yes, you may be able to refinance an existing jetski loan to a new NOW Finance loan to better suit your current financial situation. Refinancing involves replacing your existing jetski loan with a new one, which could offer lower interest rates, different repayment terms, or the option to access additional funds. You might consider refinancing if your credit score has improved, your income has increased, or market interest rates have dropped.

Please note that refinancing involves a new credit assessment and credit check, and eligibility depends on your existing loan balance and our lending criteria. Make sure to review your personal circumstances and the loan terms to ensure refinancing is suitable for you.

With NOW Finance, you can borrow between $5,000 and $40,000 for a jetski loan. The amount you’re approved for depends on factors such as your income, credit history, and the type of jetski you’re purchasing.

We provide flexible loan options for both new and used jetskis, with repayment plans tailored to your budget and financial goals.