MOTIVE FINANCE
Got Questions?
What Impacts Your Caravan Loan Rate?
Jan 2, 2025
Caravan Loans Explained in Plain English 👇
Thinking about buying a caravan? Maybe for family trips. Maybe to hit the road and live free. Either way, you’re probably asking: “What’s this gonna cost me each week?”
Fair question. But there’s no one-size-fits-all answer.
Your rate depends on a few key things. It’s not random. Lenders look at the stuff below 👇
🧠 Your Credit Score
Good score = sharper rate.
Bad score? Still possible.
But rates might sit higher.
If we know your score early, we’ll match you to the right lender.
📆 ABN Age (If You’re Self-Employed)
Just started the ABN last month? Most lenders want 3+ months.
Longer = better. Banks trust time in business.
💳 Loan History
Had a loan before and paid it off? That helps.
Lenders love it. We use it to get you a better deal.
🏠 Do You Own Property?
Owning a home helps.
Even if the van’s not tied to it.
It shows stability. That earns trust. And better rates.
🚐 How Old Is the Caravan?
New vans usually get better rates.
Older vans? Still doable — just might cost a little more.
(Some lenders don’t care about age. We work with them.)
Quick Recap:
What impacts your caravan loan rate?
Credit score
ABN age (if you have one)
Any loan history
Property ownership
Age of the caravan
We look at the whole picture. Then we find the best lender — without hurting your credit score.
🚀 Want to see your rate?
Takes 5 mins. No docs. No pressure. No credit hit.