Jet Ski Loans

Your new jetski within reach

Get out on the water sooner with our vehicle loans up to $45,000.

Loans as they should be

  • Borrow up to $45,000 for a new or used vehicle
  • Simple online application
  • Loan terms from 24 to 60 months
  • No early repayment fees
  • Two weeks conditional pre-approval
  • Fast finance – funds typically disbursed within 24 hours of approval

Learn more about our jet ski loans

Jet Ski Loans with Rapid

Imagine this. It’s a perfect day and all you want to do is be out on the water zipping around. However, jet skis are often priced between $5,000 and $25,000 or more. This is why many buyers look for flexible jet ski finance to make the dream happen. A Rapid secured vehicle loan may help you finance the purchase of a registered jet ski or personal watercraft.

At Rapid, we help everyday Australians finance the purchase of a registered jet ski or personal watercraft, with fixed repayments that make it easier to budget. When you apply for a Jet Ski Loan with Rapid, you are applying for our secured vehicle loan product, which can be used to finance the purchase of a registered jet ski or personal watercraft. All applications are subject to our credit eligibility criteria and approval.

Apply online today and let our team assess your application against our lending criteria and responsible lending obligations.

Make a Splash with Easy Jet Ski Financing

There’s nothing like owning your own jet ski to take out whenever you want to, but the upfront costs and maintenance costs can be a roadblock. That’s where Rapid’s jet ski loans come in. 

Instead of waiting for that bonus, or pulling from your savings, you can spread the cost over fixed repayments over an agreed loan term.

Whether it’s for summer adventures, exploring coastal waterways, or simply upgrading your current ride, our secured vehicle loans may be used for eligible watercraft. 

Jet Ski Loan Options for New and Used Models

Every rider and every budget is different. That’s why we offer flexible jet ski loan options for both new and used models. Whether you’re buying your first personal watercraft or upgrading to something faster, we’ve designed our application process to be straightforward. 

You might choose a new jet ski for warranty coverage and newer features – or opt for a used jet ski to lower the upfront purchase price.

You can also use your secured jet ski loan to cover additional costs like safety equipment, trailer purchases, registration fees and licensing, servicing, insurance, and accessories. 

With Rapid, you can borrow between $5,000 and $45,000 with flexible loan terms from 24 to 60 months, subject to approval. Fixed interest rates and consistent repayments and no fees for early payout can make it easier to budget.

Am I Eligible for a Jet Ski Loan?

At Rapid, we’re focused on helping real people with real plans, subject to an eligibility assessment. We know not everyone has a perfect credit history. And that’s okay. We look at your whole financial picture, not just your credit score, every application is assessed individually against our lending criteria and responsible lending obligations.

To be eligible for a jet ski loan with Rapid, you need to be at least 18 years old, an Australian citizen or permanent resident, provide information about your income and financial circumstances, and be buying a registered, seaworthy jet ski – new or used. 

What Documents Do I Need to Apply?

Applying for jet ski finance with Rapid is simple. You’ll need to provide a valid ID, evidence of income , details of expenses and existing loans, information about the vehicle you are using as security, and the purchase details of the jet ski you want to buy. 

Once submitted, we’ll assess your application promptly – often within one business day – and, if your application is approved and all requirements have been met, transfer the funds directly so you can finalise your purchase. We know life moves fast – so our application is online, mobile-friendly, and designed to make the application process more convenient. Having these documents ready can help speed up the process and get you out on the water sooner.

How It Works

1. Apply Online

Get started with our simple online application and be on your way in just a few clicks! Our secure online platform keeps your information safe.

2. We’ll Get In Touch

Your application will be reviewed and one of our friendly loan consultants will be in touch soon! We’re here to help.

3. Receive Funds

We take our commitment to being fast seriously! If you applied in the morning and were approved, your funds could be available the very same day.

Why go with Rapid for your loan?

Designed for Simplicity

Our auto and personal loan products are designed to make borrowing simple, with flexible options for loan amount, loan term and repayment frequency.

Fast Online Application

Our online application takes just minutes, and our secure online portal makes it easy to upload your supporting documents quickly and conveniently.

Real People, Ready to Help 

Our dedicated Customer Service team is here to help. From application through to settlement, we’re committed to making every interaction easy to understand and supportive.

50,000 Customers and Counting

We’ve helped more than 50,000 customers access finance. Our experienced team understands that life isn’t always straightforward and is here to support you throughout the process.

Explore Our Other Loan Types

Boat Loans

For feeling the wind in your hair

Motorhome Loans

For when it’s time to hit the open road

Motorcycle Loans

For the times you want to rev your engine

Used Car Loans

For when its time for that new car smell

Jet ski loan questions

Can I take out a loan for a jet ski?

Yes. A Rapid Jet Ski Loan is our secured vehicle loan product, which may be used to finance the purchase of an eligible registered jet ski or personal watercraft.

Purchasing a jet ski outright can represent a significant upfront cost. A secured loan allows eligible borrowers to spread the purchase price over an agreed loan term with fixed repayments.

Before applying, it’s worth taking a look at how it works and gathering the information you’ll need, so we can assess your application as efficiently as possible.

Is it hard to get a jet ski loan?

Every loan application is different. When you apply, we’ll assess your application against our lending criteria and responsible lending obligations, taking into account factors such as your financial circumstances, income, credit history and ability to meet your repayment obligations.

Having your supporting documents ready before you apply can help make the assessment process more efficient. If your application is approved and all requirements have been met, we’ll arrange for your funds to be transferred. In many cases, approved applicants receive their funds within one business day, although timeframes may vary depending on your financial institution.

Can I still get a jet ski loan if I am self-employed?

Yes. If you’re self-employed or work as a subcontractor, you may still be able to apply for a Rapid Jet Ski Loan.

As part of the application process, we’ll ask you to provide information about your income and financial circumstances. Depending on your situation, this may include recent tax returns, bank statements or other supporting documents. Because this is a secured vehicle loan, you’ll also need to provide details of the asset being used as security.

Do I need a good credit history to finance a jet ski?

A strong credit history may improve the loan options available to you, but a less-than-perfect credit history doesn’t automatically prevent you from applying.

Every application is assessed individually against our lending criteria and responsible lending obligations. Depending on your circumstances, we may also require a co-borrower. Before applying, it’s important to read your loan contract carefully so you understand your loan terms, repayments and any applicable fees and charges.

Can I finance a second-hand jet ski?

Yes. Rapid secured vehicle loans may be used to finance eligible new and used registered jet skis or personal watercraft.

Whether you’re purchasing from a licensed dealership or a private seller, we’ll assess your application and, if approved, arrange the funding so you can complete your purchase.

What’s the repayment term for jet ski loans?

Rapid offers loan terms ranging from 24 to 60 months, subject to our lending criteria and the approved loan structure.

Your repayment schedule, loan term and interest rate will be explained before you accept your loan agreement. You can also make additional repayments or pay out your loan early without incurring early repayment fees.

Do I need a boating license to apply?

No. You don’t need to hold a boating licence when you apply for a Rapid Jet Ski Loan. However, most Australian states and territories require a personal watercraft licence before you can legally operate a jet ski.

Be sure to check the licensing requirements that apply in your state or territory before taking your jet ski out on the water.

What could my interest rate be on jet ski finance with Rapid Loans?

The interest rate available to you will depend on your individual circumstances and the outcome of our lending assessment. Factors such as your financial circumstances, the amount you borrow and your approved loan term may all be taken into account.

Rapid secured vehicle loans have fixed interest rates, so your repayments remain the same throughout the life of your loan. If you’d like to learn more about the interest rates that may apply to your circumstances, our team will be happy to explain the available loan options before you apply.

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