Wave Engines Pty Ltd

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Outboard Motor Finance

Finance Options for Your Outboard Motor Purchase

Spreading the cost of a new outboard motor may be possible through third-party finance providers. We can connect eligible customers with lenders — contact our team to find out what options may be available to you.

Important: Wave Engines Pty Ltd is not a credit provider and does not offer financial advice. Finance is arranged through independent third-party lenders. Approval, interest rates and repayment terms are determined solely by the lender based on their own assessment. All figures on this page are indicative only. Read all finance documents carefully before signing.

The Process

How Finance Works When Buying From Us

We connect customers with third-party finance providers. Specific steps may vary depending on the lender.

Choose Your Motor
Browse our full range and select the outboard that suits your boat, use case and budget. Use the HP Finder or contact us if you need help choosing.
Enquire About Finance
Contact us to express interest in finance. We'll connect you with a third-party lender. You deal directly with the lender for your application.
Lender Assessment
The lender assesses your application using their own criteria. Approval, loan amount, interest rate and terms are set entirely by the lender.
Purchase & Delivery
Once finance is approved and settled, we process your order as normal. Standard freight and pick-up options apply. Manufacturer warranty is included as standard.
Available Options

Ways to Finance Your Purchase

The following structures are commonly available through third-party lenders. Terms, availability and eligibility vary by lender and individual circumstances.

Most Common
Personal Loan
Unsecured or secured — arranged through your lender

A personal loan is one of the most common ways to finance a recreational outboard motor. You borrow a fixed amount and repay it over an agreed term with fixed or variable interest.

  • Fixed repayments over a set term — typically 1 to 7 years
  • Can be secured against an asset or unsecured
  • Available through most banks and non-bank lenders
  • You own the motor outright from day one
  • Can be arranged independently before purchasing
⚠ Interest rates, fees and approval are determined entirely by your lender. We do not set or influence these. Compare rates from multiple lenders before committing.
Enquire About This Option
Ask Us
Dealer-Arranged Finance
We connect you with our finance partner directly

We can refer eligible customers to a third-party finance provider who specialises in recreational and marine equipment. You apply directly with the lender — we make the introduction.

  • Streamlined referral process for motor purchases
  • Lender experienced in recreational marine finance
  • Contact us first to confirm current availability
  • Approval and terms set solely by the lender
  • We receive no commission that affects your rate
⚠ Availability may vary. Contact us to confirm this option is currently available and to receive a referral to the lender.
Contact Us to Apply
Business
Business / Asset Finance
For ABN holders purchasing for business use

If you hold an active ABN and are purchasing for business purposes, asset finance or chattel mortgage structures may be available through a commercial lender.

  • Structured as chattel mortgage, hire purchase or lease
  • Potential tax treatment advantages — confirm with your accountant
  • Available to eligible ABN holders with trading history
  • Typically requires business financials and ABN history
  • Arranged directly with a commercial lender of your choice
⚠ We do not provide financial or tax advice. Speak with your accountant before applying to determine the right structure for your situation.
Enquire About Business Finance
General Eligibility

What Lenders Typically Consider

Eligibility is determined entirely by the lender. The following reflects common criteria used by consumer and commercial finance providers in Australia. Individual lender requirements will vary.

Criteria Personal Finance Business / Asset Finance Notes
Australian Resident ✓ Required ✓ Required Some lenders also require citizenship or permanent residency
Minimum Age 18 years or over 18 years or over Directors or applicants must meet minimum age requirements
Regular Income ✓ Required Varies Lenders assess income, employment type and stability
ABN Required ✗ Not required ✓ Required Business finance typically requires an active ABN with trading history
Credit History ✓ Assessed ✓ Assessed A poor credit history may affect approval or rates
Minimum Loan Amount Varies by lender Varies by lender Confirm minimum amounts with the lender before applying
Deposit Required May be required May be required Some lenders require a deposit contribution — not universal
Responsible Lending Laws ✓ Applies Partial Consumer credit is regulated under the National Consumer Credit Protection Act. Business credit has different obligations.
Repayment Estimator

Indicative Repayment Calculator

Get a rough idea of repayments based on a loan amount and term. These figures are estimates only and do not represent a finance offer, quote or pre-approval.

This calculator uses a simple interest formula for illustration only. Actual repayments will depend on the lender's rate, fees, loan structure and your individual circumstances. Do not rely on these figures when making purchasing decisions. Seek independent financial advice if required.
Estimated Repayment
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Common Questions

Finance FAQ

The questions our customers ask most often about buying an outboard motor on finance.

No. We are not a credit provider and we do not lend money. We can connect eligible customers with third-party finance providers. The finance relationship is between you and the lender — we are not a party to the loan agreement.
In many cases, yes. Many lenders allow you to apply for pre-approval before you finalise your purchase, giving you a clearer picture of your budget. Contact us and we'll point you to the relevant lender so you can start the process.
We cannot tell you what rate you will receive — that is determined entirely by the lender based on your credit history, income, loan term and other factors. We recommend getting quotes from multiple lenders and comparing comparison rates before committing.
It depends on the lender and your application. Some lenders will finance 100% of the purchase price for eligible customers, while others may require a deposit of 10–20%. This is confirmed as part of the lender's assessment process.
Yes, there are options available to self-employed individuals and ABN holders including personal loans and business asset finance. Lender requirements for self-employed applicants may differ — you may be asked to provide BAS statements, tax returns or bank statements to verify income.
In most cases, a formal application triggers a credit enquiry recorded on your credit file which may temporarily affect your score. Some lenders offer soft-check pre-qualifications that do not affect your score — ask the lender before proceeding.
Early repayment terms vary by lender. Some allow early payout with no penalty while others charge an early termination fee. Ask the lender about this before you sign, and review the loan contract carefully for early payout clauses.
No. Your outboard comes with the manufacturer's standard Australian warranty regardless of how you pay. Finance is a separate arrangement between you and the lender. Your warranty entitlements are the same whether you pay in full or use finance.
Get in Touch

Enquire About Finance Options

Send us a message and our team will get back to you with information about current finance availability or connect you with the relevant lender. We aim to respond within one business day.

Store Address
85 Tope Street, South Melbourne VIC 3205
Email
info@waveengines.com.au
Store Hours
Mon–Fri 8:00AM–5:30PM  ·  Sat 8:30AM–1:00PM
Browse All Motors General Enquiry

Finance Enquiry Form

Fill in the form and we'll get back to you as soon as possible — usually within one business day.

By submitting this form you agree to be contacted by Wave Engines regarding your enquiry. We don't share your details with third parties without your consent. See our Privacy Policy.

Ready to Find the Right Motor?

85 Tope Street, South Melbourne VIC 3205  ·  Mon–Fri 8:00AM–5:30PM  ·  Sat 8:30AM–1:00PM

Browse All Motors Contact Us

Wave Engines Pty Ltd (ABN 74 684 461 023 | ACN 684 461 023) is not a credit provider, credit licensee or financial adviser. We do not offer, arrange or recommend any specific financial product. Any reference to finance options on this page is general information only and does not constitute a credit quote, pre-approval, offer or financial advice.

Finance is subject to lender approval and the lender's standard terms, conditions and eligibility criteria. Interest rates, fees, comparison rates and repayment amounts displayed or calculated on this page are indicative only and are not guaranteed. Actual rates and repayments will differ based on your individual circumstances and the lender's assessment.

Before entering into any credit contract, read all finance documents carefully, compare products from multiple lenders, and seek independent financial or legal advice if required. Credit products are regulated under the National Consumer Credit Protection Act 2009 (Cth) and associated legislation.