Boat Finance Brisbane
Morella Finance helps Brisbane buyers arrange boat finance from $10,000 for dealer purchases and private sales. Whether you're buying new or used, I handle the lender application and settlement paperwork so you can concentrate on choosing the right boat.
Boat loans from 7.59% p.a. Comparison rate 8.43% p.a.*
Set your budget before you start shopping
Getting pre-approved before you visit a dealer or inspect a private boat gives you a clearer price range. Tell me what repayment you would be comfortable with, whether you have a deposit and what sort of boat you're considering. I can compare options across a large panel of lenders, including specialist lenders.
Leave room for fuel, insurance, engine servicing, safety equipment and boat and trailer registration. Storage matters too, whether that's space at home, paid storage or a marina berth at Manly Boat Harbour. A boat for Brisbane River outings from Colmslie Reserve may come with different running costs from one you keep in the water.
Same day pre-approval is possible, depending on your circumstances and the lender. I'll explain any conditions, including checks on the boat, before you commit to a purchase. Use the calculator below as a starting point, then ask me for a quote based on your budget and the boat you're considering.
Marine Finance Repayment Calculator
Estimate your repayments. Adjust the sliders to match your situation.
Monthly repayment
$967
per month
Weekly
$223
Total repayment
$57,998
Estimates only. Your actual rate depends on your profile and lender. Get a real comparison.
Get my quoteAbout the starting rate
6.00% p.a. is a starting point for estimating repayments only. It is not a quote, not an offer of finance, and not a rate available to every applicant. Your actual rate depends on the lender, the asset, the loan term, the loan amount and your circumstances. Adjust to model scenarios.
What you can finance
Morella Finance can arrange finance for new and used boats, with the boat's age, condition and value considered by the lender. Send me the listing or quote so I can check which options suit the purchase.
Aluminium fishing boats and larger trailer boats
Fibreglass runabouts and family day boats
Cabin boats and recreational cruisers
Sailing boats and yachts
Boat, motor and trailer packages
Refinancing an existing boat loan
If you're comparing packages, check exactly what each price includes. Let me know about the motor, trailer and any included equipment so the finance application reflects what you're actually buying.
Buying from a dealer in Brisbane
For boat shopping around greater Brisbane, look around Manly Road in Tingalpa and the Pacific Highway corridor through Slacks Creek. These areas have boat sales businesses and give you places to compare used boats and new packages. Check availability before travelling, particularly if you want to inspect a specific model.
Once you've chosen a boat, send me the details and dealer invoice. I deal with the dealer on the finance paperwork and settlement, including confirming the purchase details and any lender requirements. You have one person to contact about where the loan is up to.
If the package changes after your first quote, send me the updated invoice. Adding a different motor or trailer can change the amount you're borrowing, so I'll check the revised figures before the loan documents are finalised.
Buying a boat privately
I can organise the finance paperwork and lender checks for a private boat purchase in Brisbane.
Get pre-approved, then go and look at the boat.
Once you've inspected it and agreed on a price, send me the seller's details.
I contact the seller for ownership documents and run a PPSR search to check whether money is owed on the boat.
If the lender requires an inspection, I arrange it. Occasionally a valuation is needed too.
I prepare a private sale invoice for you and the seller to sign.
The lender pays the seller directly. Any existing finance is paid out at settlement.
Once the funds clear, you collect the boat.
Money owing on the boat isn't automatically a deal breaker. It is paid out at settlement so you receive clear ownership.
Queensland boat rules and paperwork
In Queensland, boats with an engine of three kilowatts or more must be registered when on the water. When you buy a registered recreational boat, you must transfer the ownership details within fourteen days. For an in-person transfer, take the completed Queensland regulated ship registration transfer form, F3521, proof of purchase and proof of identity to Transport and Main Roads.
Queensland vehicle registration duty does not apply to boats or trailers, although registration and transfer fees still need to be budgeted for. If the boat comes with a registered trailer, its registration must be transferred separately. Registered light trailers with an aggregate trailer mass over 750 kilograms and up to 4,500 kilograms generally need a current Queensland safety certificate when sold or transferred, unless an exemption applies.
You need a recreational marine driver licence to operate a boat with engine power greater than four and a half kilowatts, unless operating under the permitted supervision arrangements. The supervising licence holder must be on board and able to take immediate control. Queensland also requires owners and operators to keep the boat safe, carry the correct safety equipment and know how to use it.
One broker from enquiry to settlement
You'll speak with me throughout the loan, so you won't need to repeat your plans to different people. I compare lender options, explain what information is needed and keep you updated while the purchase moves towards settlement.
Low-doc options are available for eligible self-employed buyers. Let me know how you earn your income at the start so I can check suitable options and explain the lender's requirements.
Morella Finance is based on the Gold Coast and works with Brisbane clients by phone and email. Call 07 2145 8323, Monday to Saturday, 8am to 6pm AEST, to talk through your boat purchase or request a free quote. Asking for a quote doesn't affect your credit file.
FAQs
Rates on our panel start from 7.59% p.a. (comparison rate 8.43% p.a.)*. The rate you're offered depends on your credit history, the boat's age and the loan term. Tell us what you're buying and we'll compare lenders to find you the best rate we can. The comparison rate example and warning are at the bottom of this page.
No deposit options are available, subject to your circumstances, the boat and lender approval. I can compare those options with using a deposit so you can see how the repayments change.
Yes, existing finance isn't automatically a deal breaker. I obtain the relevant ownership and payout information, and any existing finance is paid out at settlement.
You must transfer the ownership details within fourteen days of purchase. If a registered trailer is included, it needs its own registration transfer.
A registered light trailer with an aggregate trailer mass over 750 kilograms and up to 4,500 kilograms generally needs a current safety certificate for a sale or transfer, unless exempt. Check the trailer's rated mass rather than judging it by the boat's size.
Yes, Morella Finance can help you compare refinancing options for an existing boat loan. I'll check the payout amount, the boat's details and the proposed loan costs so you can decide whether changing loans is worthwhile.