Boat Finance on the Gold Coast
Buying a boat here usually means one of two things. You've found one at a dealer around Coomera or Hope Island, or you've seen one for sale privately and need the money sorted before someone else buys it. Either way, Morella Finance is a Gold Coast broker who handles the finance from the first call to the day you pick it up.
Boat loans from 7.59% p.a. Comparison rate 8.43% p.a.*
Local broker · Dealer or private sale · Same day pre-approval possible
We arrange loans from $10,000 for new and used boats, trailers, motors and jet skis. Same day pre-approval is possible, so you know your budget before you start negotiating.
Buying from a dealer
Most dealer purchases are simple. Get pre-approved first, choose your boat, and we deal with the dealer's paperwork and settlement. If you're heading to the Sanctuary Cove boat show, get pre-approved beforehand. Knowing your number makes it much easier to decide on the day.
Buying privately
A private sale takes a bit more work, and that's the part we handle for you.
You get pre-approved, then go and look at boats.
Once you've inspected the boat and agreed a price with the seller, send us their details.
We contact the seller for the ownership documents and run a PPSR search to check whether any money is owed on the boat.
If the lender needs one, we arrange an inspection of the boat. Occasionally a valuation is needed too.
We draw up a private sale invoice for you and the seller to sign.
The lender pays the seller directly. If the seller still has finance on the boat, that's paid out at settlement.
Once the funds clear, you collect your boat.
Money owed on the boat isn't a deal breaker. It's paid out as part of settlement, so you get clear ownership.
What you can finance
New and used boats, from runabouts and tinnies to cabin cruisers
The trailer, motor and electronics as part of the same loan
Jet skis and other personal watercraft, through the same process
Refinancing a boat loan you already have
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.
One broker, start to finish
When you call Morella Finance, the person you speak to is the person who handles your loan through to settlement. We compare lenders for you, explain the options in plain English, and keep you updated. You won't be passed around.
Common questions
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.
Yes, and it's worth doing. Pre-approval tells you what you can spend, so you can negotiate knowing your limit.
Yes. We check ownership, search the PPSR and arrange payment to the seller at settlement, so you never have to hand cash to a stranger.
That's common and not a problem. We get a payout figure from the seller's lender and it's paid out at settlement, before ownership passes to you.
Yes. The boat, trailer and motor are usually financed together as one purchase.
We arrange loans from $10,000.
Yes. Jet ski finance on the Gold Coast works the same way as a boat loan, whether you buy from a dealer or a private seller. The trailer can usually go in the same loan. Our jet ski finance page explains how lenders assess personal watercraft.
Yes. If your current boat loan no longer suits you, your broker compares the panel to see whether a refinance makes sense. The lender looks at the boat, the balance owing, and your current income and expenses.