Secure your dream caravan and start your finance application today
Caravans are extremely popular with UK residents, thanks to their versatility and the level of comfort they offer, but purchasing one outright can be costly.
That’s where caravan financing comes in, where the initial cost of the vehicle is covered by a lender and paid back by you in manageable monthly repayments, allowing you to spread the cost and secure the perfect caravan for an affordable price. As we specialise in hire purchase agreements, we will help secure your dream caravan on suitable terms you can afford.
At Auto Finance Online, we work with a larger panel of lenders than anyone else in the leisure vehicle industry, which means we’re able to secure the very best finance options for you, even if you have bad or poor credit. We’ll take care of everything to make the process completely stress-free, from matching you with your dream caravan to negotiating the lowest possible interest rates – starting from just 9.9% APR.
How much will you have to pay?
When purchasing a caravan on finance, you need to make sure you’ll be able to afford the monthly instalments. Our handy finance calculator for caravans will tell you exactly how much your monthly loan repayments are likely to cost based on:
- The amount you’d like to borrow
- The length of the loan
- Your credit rating (don’t worry – this won’t be affected by using the calculator!)
Don’t forget that paying off your loan isn’t the only cost you’ll have to consider when buying a caravan. As you plan your budget, remember to factor in the cost of:
- Servicing
- Insurance
- Site fees
- Road tax
Not sure how much you can afford to spend on monthly repayments? We recommend speaking to a trusted financial professional to make sure you don’t get in over your head. The Auto Finance Online team can point you in the right direction if you need some help – just give us a call on 01625 460454.
How does it work?
Securing your dream caravan with Auto Finance Online is simple. Using our calculator, we’ll help you decide on the best finance package for you.
1. Get a quote
Once you’re happy with your caravan finance quote and have submitted your application, we’ll get back to you with our decision within an hour.
2. Choose your caravan
Now for the fun part! As a leading leisure vehicle finance broker, we have relationships with some of the UK’s top dealers, but you’re also welcome to buy from any reputable dealer of your choice. No matter which caravan you choose, we’ll communicate with the dealership on your behalf to offer competitive rates and prices – we’ll even handle the boring paperwork!
3. Drive
We’ll get you in your caravan as quickly as possible and with no fuss at all. You could be driving away within hours of finding your ideal caravan – it really is that easy.
Why choose Auto Finance Online to finance your caravan?
Personalised support
Your designated finance expert will be by your side throughout the process to secure the best rates on your behalf and assist with any issues or queries you may have.
A 5-star service
We make caravan financing quick and simple – but don’t just take our word for it! We have an ‘Excellent’ Trustpilot rating with more than 6,000 positive reviews.
The best possible caravan finance deals and rates
Our large panel of lenders make it possible for us to secure the best finance deals and lowest interest rates to suit you.
Ready to get this show on the road? Secure your caravan finance with Auto Finance Online
Take the first step towards securing your dream caravan by applying online via the form below or heading straight to our finance application page.
Touring caravans are a great option for families or couples looking to travel in style. To help you learn more about caravans, you can explore the different options available and the benefits they offer in our blogs.
- The Best Caravan Makes and Models
- Campervan vs Motorhome? Which Ones For You
- Caravan vs Motorhomes, Which One to Buy
If you have any questions at all, we’d love to hear from you. Get in touch online or give us a call directly on 01625 460454.
Not sure if a touring caravan is the best option for you? Take a look at the other types of leisure vehicles we finance before submitting your application:
Frequently Asked Questions
Find the answers to all your caravan finance questions.
Am I eligible for caravan finance?
Most people over the age of 18 are eligible to apply for caravan finance. You don’t need to be in full-time employment to secure finance (in fact, many of our customers are retired or self-employed), but you will need to demonstrate to the credit provider that you can afford to repay the loan in full.
What caravan finance options are available, Hire Purchase or Personal Contract Purchase?
Hire Purchase (HP) is the main type of finance we offer. You’ll typically have up to 15 years to repay the cost of your motorhome at a fixed rate, and once the vehicle is paid off in full, it’s yours to keep.
How can I get my caravan loan approved?
Taking the time to boost your credit score in the months leading up to submitting your finance application could improve your chances of being accepted.
Pay off your credit card debts so the balances are low and continue to make any existing regular loan and credit card repayments on time, this will improve your credit score and prove to potential lenders that you’re capable of repaying their loan.
Can I get caravan finance with bad credit?
You may be able to secure caravan finance with low or bad credit, even if you’ve been rejected before. This is because we work with a large panel of lenders who specialise in helping customers with all types of credit circumstances.
Do I have to pay a deposit for caravan finance?
No, you don’t need a deposit to secure your finance, but if you choose to pay one you could reduce the term or duration of the finance agreement. The caravan dealer, however, may ask for a deposit to secure your chosen vehicle and remove it from sale.
This is standard practice because there’s typically lots of preparation to be done to make a show caravan ready for a new owner. Fortunately, when you choose finance with us, we can transfer funds to the dealer the same day, so there’s no need to worry about finding the money.
Can I get finance to buy a caravan from a private seller?
Securing finance for a private sale is possible, and we work with lenders who may be able to support this. However, it can sometimes involve more complexity than purchasing through a dealership.
