Caravan Finance

Search providers for free

Fill in one form & let us do the rest

Immediate results with no obligation

In Partnership With


When looking to get a caravan, it might be worth considering caravan finance. There are a range of different finance options that can help you purchase a caravan, splitting repayments up into manageable, regular amounts.

Forces Compare can help you find a variety of different finance options. We’ve partnered with Quick Car Finance, one of the leading car finance companies in the country, who offer no obligation quotes, no arrangement fees and no deposit options.


What Types of Caravan Finance Can I Get?

There’s a variety of different loans you can get to finance the purchase of a caravan. As different borrowers will have different needs, it’s best to explore all the available options before deciding on the loan that’s right for you. Below is a list with some of finance options you can find through us:


  • Personal loans
  • Hire purchase (HP)
  • Personal contract purchase (PCP)


Each of these loan types can help you to finance the purchase of a caravan, with varying eligibility criteria and repayment plans.


Personal Loans

Personal loans can be an effective way of financing the purchase of a caravan. These are a type of unsecured loan, meaning you won’t have to use a valuable asset as collateral.

Due to the nature of this loan, applicants will often need a good credit score as well as other credit-worthy credentials, showing that they are capable of making repayments. It’s therefore important to understand what your credit score is and the requirements of each financial product you look into before applying.


Hire Purchase

Hire purchase (HP) is another type of finance commonly used in both caravan and motorhome finance. With hire purchase, borrowers will have to make an initial deposit as well as monthly repayments. At the end of the repayment period, the borrower will then have the option of purchasing the caravan as their final fee with the lender. This is known as the “Option to Purchase”, and once paid will mean the borrower now owns the caravan outright.


Personal Contract Purchase

Personal contract purchase (PCP) is another great option for those seeking caravan finance. With this type of finance, borrowers will make monthly payments up until the end of their contract, as well as an initial deposit.

Once the contract is over, borrowers can either return the caravan to the providers, or pay what is known as a balloon payment, after which they will own the vehicle outright.

Whilst this option can lower the cost of monthly payments on caravan finance, it means the borrower will not automatically own the vehicle, and will need to pay a balloon payment in order to do so.


What Is The Eligibility Criteria For Caravan Finance?

As there are a variety of different ways to finance the purchase of a caravan, the eligibility criteria for this may vary considerably. The following qualities can help to boost your chances of approval:


  • Holding a good credit score
  • Being employed
  • Having a stable, regular income
  • Having a good history of borrowing


Whilst those listed above may help to improve your chances of success, lenders can still consider those without these qualities, some considering bad credit as well as those who are freelance or self-employed. Ultimately, the requirements for caravan finance will vary depending on the lender, the loan type, the details of the borrower and their application.

You can find caravan finance options that consider a range of credit histories, simply click the “Apply Now” button below for a no obligation quote with our trusted partner.