The countdown to the Sydney Boat Show is on in earnest and buyers wanting to get the jump on the crowds will be doing their pre-show research. Checking out what is due to launch and be unveiled at the event and sourcing as much info as possible to be in a position to place an order on the day. Those extremely savvy buyers will also be arranging their marine finance before the event to stay, potentially, one interest rate rise ahead of the RBA.
The Sydney International Boat Show has been one of the biggest marine industry events for a very long time and after two COVID-interrupted years, it’s great to see this iconic show return in great form. And with new event managers after a major BIA announcement back in December 2021. The industry body announced a partnership with Mulpha Australia to deliver the Sydney and other BIA shows. This is the company that runs the extremely successful Sanctuary Cove International Boat Show. So attendees can expect some of the luxury inclusions that are a trademark of Sanctuary Cove to be offered at the Sydney event.
Many manufacturers use these major events to unveil new models and from what has been announced so far, the Sydney show will not disappoint in that regard. We take a look at just a few of the new models that have been announced as being launched at the show and explain how you can be ready to place your order with a pre-approved boat loan.
Arvor Boats Launch Quicksilver Models
Arvor Boats will launch several models at the Sydney event including the Quicksilver 875 Sundeck. An 8 metre cruiser with reportedly the largest sundeck area in its relevant category. For boat owners who love to bring their friends and family along, this could be ideal for sun lovers and entertaining.
The 875 has a 3m beam, 0.6m draft and bridge clearance of 2.16m which makes it ideal for cruising many local waterways. Maximum horsepower is 500hp with a twin engine and 400hp with a single and fuel capacity is 450 litres. Enough power for water-skiing and other tow sports.
The Sundeck is approved for up to 10 people and provides sleeping accommodation for 4 persons.
The console design provides easy access to the foredeck via the starboard side and the Sundeck has plenty of stable deck area to move around and enjoy. The seating in the cockpit area converts conveniently to a sun lounge or it can convert to a dining space and there is direct access to the water to enjoy water sports.
Below in the cabin comfort is well catered for with seating, a dining area a shower and a marine toilet. Quicksilver offers storage options so speak to the Arvor dealer about what you require in your Sundeck.
While being unveiled at the end of July in Sydney, details of the Quicksilver Sundeck are already available so prospective buyers can start making enquiries. And start arranging finance.
Brand New Fleming Yacht
Sydney-based Fleming Yachts Australia represent this brand locally and will be displaying the Fleming 55, a new model, at the Sydney Boat Show. The pre-show teaser says this is a first of its kind for the Australian market as it has a design layout featuring two cabins.
The original 55 model dates back to the 80s but has evolved over the decades in both functionality and design with many upgrades and improvements. This is a pilothouse motor yacht design with a deep keel to provide stability. Luxury and comfort are well attended to, to make those long cruises enjoyable for all aboard. What does the brand-new Fleming 55 feature? Some might have to wait until the boat show while the astute buyer will be getting in ahead and contacting the broker for more information ASAP.
Staying Ahead of Interest Rate Rises
While getting in quick with orders for new boats can ensure faster delivery times and secure any models that have limited availability, when it comes to securing marine finance or leasing, the current race is against rate rises.
Our marine finance lenders, as with banks and lenders in other markets, will be responding to the rises in the cash rate as determined by the RBA. The RBA acted in both May and June with significant rate hikes and further rises in coming months have been flagged by RBA Governor Philip Lowe.
The key timeframe for those seeking boat finance or boat leasing is that the Sydney International Boat Show is from 28 July to 1 August and the RBA August meeting is scheduled for Tuesday the 2nd. Buyers who wait to make buying decisions after viewings at the show and then apply for finance or leasing may risk a higher interest rate. Applying for, confirming and committing to a boat loan or lease before the August RBA meeting can ensure a boat loan or lease at our cheaper interest rates available in July.
Interest rates on marine finance vary across the market. Using Jade Boat Loans to secure your loan not only saves you time in trying to find which lender is offering the lowest rate to meet your particular application specifics, but it also provides access to specialist lenders that may not be so easy to find.
The Secured Boat Loan is the best-suited finance product for recreational boat buyers acquiring new vessels. To see the effect of higher interest rates on repayments for a Quicksilver Sundeck or a Fleming 55 or any other new boat, simply use our Boat Loan Calculator and vary the rates.
That variation in repayments could be the motivation to get moving on applying for your boat loan and securing your dream boat ASAP.
Contact Jade Boat Loans on 1300 000 003 for cheaper interest rate marine finance
DISCLAIMER: THE INFORMATION AND SPECIFIC DETAILS CONTAINED IN THE CONTENT OF THIS ARTICLE HAVE BEEN PREPARED AND ARE PRESENTED PURELY AS GENERAL INFORMATION AND NOT INTENDED AS THE ONLY SOURCE OF FINANCIAL ADVICE FOR BOAT BUYERS AND LOAN BORROWERS. FOR THOSE THAT CONSIDER THEY REQUIRE SPECIFIC ADVICE, THEY SHOULD CONSULT WITH A FINANCIAL ADVISOR. LIABILITY IS NOT ACCEPTED IN REGARD TO ERRORS AND MIS-PRESENTED DATA AND DETAILS HEREIN.
