Private Sale Caravan Loans

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Private Sale Caravan Loans


Not every bank or broker is happy in providing secured funding to purchase private sale caravans or camper trailers as there is always a risk of fraudulent activity and risk to the lender, however if you follow a few simple steps, you can safeguard any potential risks in purchasing a private sale caravan. 

When buying through a licenced caravan dealer, they have to adhere to Government conditions in order to operate and remain in business, so must provide some form of guarantee on the caravan, proof of ownership, ensure no finance commitment is owing and have an operating licence. If there is any fraudulent activity, it is easier for a lender to contact a dealer directly rather than a private seller.

Unlike an unsecured personal loan where the lender advances the funds directly to you, if the lender is wanting to take security over the van through a secured caravan loan , they will ask for additional information from the seller so as to determine ownership, condition of the caravan, and where to advance the funds upon settlement.

Typical conditions required by lenders for private sale car loans are:

Image result for tick  Registration Papers

Image result for tick  Drivers Licence

Image result for tick  Proof Of Vendors Bank Details

Image result for tick  Photos Of The Caravan or Camper Trailer

Image result for tick  Private Sale Invoice or Purchase Agreement

Image result for tick  Visual Inspection Report

Image result for tick  Safety Certificate or Roadworthy Report

Image result for tick  Payout Letter From Financier

(If the caravan is under a current finance arrangement)


Both the Driver’s Licence and Registration Papers will ensure proof of ownership and lenders will only advance the funds to the owner, so proof of bank details need to be in the sellers name as well. Obtaining photos and a visual inspection ensures the caravan is as described and ensures the correct manufactured year and model.

If the caravan being purchased is an older mode, some lenders will request an independent safety and gas inspection to ensure there are no major issues that may arise after purchase.

The lender will also ask for supporting documentation from your broker who will conduct a Personal Property Security Register or PPSR search to ensure the caravan is not an economic repairable write off, under current financial arrangement or stolen. The PPSR report also shows the correct identifiers.

Other factors to allow for when purchasing a private sale caravan are that there is no guarantee or warranty should a mechanical issue arise after delivery. You cannot simply call the seller and ask them to fix the van. For this fact only, you should organise an independent inspection through a motoring body such as RAC or an industry recognised caravan inspection station to ensure the caravan is in sound condition.

On road costs are not included in the sale price and need to be taken into consideration. Depending on the price of the caravan and what state you live in, you need to account for Government Stamp Duty after purchase.

This may sound like a lot of work, but with a few simple checks and processes this can ensure not only the lender has protection, but also you as a buyer. Should you have a pro active broker, they will liaise with the seller and organise the necessary checks for you making the private sale caravan loan process much easier.


iCREDIT can help you find, compare and choose a private sale caravan loan that’s suitable to your needs and affordability criteria. Our professional finance brokers ensure you are adequately protected throughout the private sale purchase.

Contact us on 1300 350 118 or to discuss your private sale caravan or camper trailer loan comparison needs.



This article contains information on private sale caravan loans.
This information provided is a guide only. It should not be treated as financial advice and does not take into account your personal circumstances, financial needs or loan requirements. If you have any specific questions about financial matters or government legislation, you should consult an appropriately qualified professional or government department. iCREDIT endeavours to ensure the information is accurate at time of publication, however cannot guarantee the ongoing accuracy this information.