Boat Finance Sunshine Coast
Morella Finance helps Sunshine Coast buyers arrange boat finance from $10,000 for new and used boats, including dealer purchases and private sales. I handle the finance application and settlement paperwork so you can concentrate on finding the right boat.
Boat loans from 7.59% p.a. Comparison rate 8.43% p.a.*
Set your budget before you start shopping
Get pre-approved before you spend your weekends inspecting boats. I'll help you work out a purchase budget and repayments that fit around your other commitments, so you know which listings are worth a closer look. Same day pre-approval is possible, depending on your circumstances and the lender.
Allow for fuel, insurance, engine servicing, boat and trailer registration, safety equipment and somewhere to store the boat. A boat kept on a trailer has different costs from one kept at a marina, and an older outboard may need attention soon after purchase. Leave room in your budget for those costs alongside the loan repayments.
If you're planning to launch at Cod Hole boat ramp on the Maroochy River, think about a boat and trailer you can comfortably launch and retrieve. If your plans include coastal trips, consider the equipment, servicing and fuel budget for that use before committing to a larger boat. Send me the advertised price and package details and I'll explain what the finance could look like.
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 a range of recreational boats, subject to the lender's requirements for the boat's age, condition and value. Tell me what you're buying and how you'll use it, and I'll check suitable options from a large panel of lenders, including specialist lenders.
New and used aluminium fishing boats.
Fibreglass runabouts and bowriders for family boating.
Centre console and half cabin boats.
Larger recreational cruisers.
Boat, motor and trailer packages, including agreed equipment.
Refinancing an existing boat loan.
Buying from a dealer on the Sunshine Coast
Start with the marine sales areas around Machinery Avenue in Warana and Lionel Donovan Drive in Noosaville. These give you places to compare boat packages and used listings across the Sunshine Coast. Check what each advertised price includes, particularly the motor, trailer, electronics and any equipment you want fitted before collection.
Once you've chosen a boat, send me the details and the dealer invoice. I'll check the proposed purchase against the lender's requirements, deal with the dealer on the finance paperwork and arrange settlement. If the package changes while you're finalising the purchase, let me know so the loan documents reflect what you're actually buying.
Buying a boat privately
I handle the seller paperwork and lender checks for private boat purchases on the Sunshine Coast.
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 3kW or more must be registered when used on the water. When you buy a registered recreational boat, you must transfer the ownership details into your name within 14 days of purchase. For an in-person transfer through Transport and Main Roads, you'll need the boat registration transfer form, evidence of the boat's origin such as a purchase receipt, and proof of identity.
The registration threshold differs from the licensing threshold. You need a marine licence to operate a boat with engine power greater than 4.5kW, although an unlicensed person can operate under a licensed supervisor who can take immediate control. Queensland does not charge vehicle registration duty on boats or trailers, but you should still allow for registration and transfer costs.
If the purchase includes a registered trailer, its registration must be transferred separately from the boat's. Queensland requires a current safety certificate for registered trailers with an aggregate trailer mass from 751kg to 4,500kg when sold or transferred, unless an exemption applies. Check the trailer's rated mass and ask the seller about the required certificate before agreeing on collection.
One broker from enquiry to settlement
You'll speak with me throughout your application. I explain the options, keep track of the paperwork and follow up with the lender and seller, so you have one person to contact when you need an update. You won't be passed between brokers as the purchase progresses.
Low-doc options are available for eligible self-employed buyers. If you work for yourself, tell me about your circumstances at the start and I'll check which options may suit you. I'll explain the documents needed for the lender we choose.
Morella Finance is based on the Gold Coast and works with Sunshine Coast clients by phone and email. Call 07 2145 8323, Monday to Saturday, 8am to 6pm AEST, for 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.
Yes, subject to lender approval and the boat meeting the lender's requirements. I contact the seller for ownership documents, run the PPSR search and organise the private sale paperwork and settlement.
No deposit options are available, depending on your circumstances, the boat and the lender. I'll check whether you can finance the proposed purchase and explain any amount you need to contribute before you commit.
Queensland does not charge vehicle registration duty on boats or trailers. Registration and transfer costs still need to be included in your budget.
The engine power determines the requirement, rather than the hull size. A marine licence is required above 4.5kW, unless a licensed supervisor on board can take immediate control. Boat registration is required from 3kW.
Yes, I can work with the dealer by phone and email. Send me the boat details and dealer invoice, and I'll handle the finance paperwork and settlement arrangements once the loan is approved.