Jet skis have long ceased to be an exotic type of technology. Now you will not surprise anyone with such a transport that perfectly copes with movement on water.
Not only professional sportsmen use jet skis, but also ordinary outdoor enthusiasts who prefer to receive their portion of adrenaline not playing a computer game, but in real conditions of conquering water element. This water sport is becoming more accessible and popular, and in order to start practicing it, you need to purchase a jet ski. And what to do if there is not enough money to buy it, but you want to enjoy your own jet ski right now? In this case, you can take out a jet ski loan.
How do jet ski loans work?
A non-targeted loan is attractive because there are almost no restrictions on the use of bank funds. When filling out an application, the bank may ask the borrower to indicate the purpose of the loan, but will not keep track of what exactly the allocated funds have been spent on.
It is a type of loan, in granting of which funds are allocated to the borrower by the bank for a specific purpose. Very often, upon receipt of this type of loan, the client pays the initial amount. For example, you can get in the store any selected product. The borrower pays a small amount of its value, and the rest is financed by the bank. Money is transferred to the store’s account, and the client pays the allocated amount with the accrual of certain percent for the use of funds.
You should keep in mind that the bank almost never grants a targeted loan personally to the client. It is transferred immediately to the seller’s account. With this type of loan you can purchase a jet ski.
The annual interest rate of this type of lending is one of the lowest. Often it depends on the amount of the loan itself.
You can get a personal loan for various needs using credit cards – by connecting the overdraft service on a salary card or by opening a credit line on the current card.
How can I apply for a jet ski loan?
The process of applying for a loan always begins with filling out an application. There are two ways to do this:
- Through a bank branch. This option is already outdated, but many customers still prefer to visit personally the bank to apply. This is somewhat inconvenient, because you need to wait in line, spend time on a trip to the office, and adapt to the mode of work of the department. But there is an opportunity to get answers to all questions of interest here and now.
- Online. With the advent of the Internet, applying to the bank has become easier and faster. To do this, you do not even need to leave the house, it is enough to have a phone or a computer connected to the network. It takes literally 15 minutes to send an application, and you can submit it at any time of the day or night, no need to adjust.
After sending the application, it remains only to wait for a preliminary decision and to start processing if the answer is positive. It takes from several days to several weeks to consider the application, depending on what type of loan the citizen wishes to receive. The average review period is 3-10 days.
Thus, the procedure for obtaining a loan involves passing certain stages. The larger the amount issued by the bank, the more thorough the verification, therefore, more time is required.
How much does a jet ski cost?
The price range for jet skis is quite wide and depends on the class, type and manufacturer. Most companies offer both simple economy options and exclusive powerful ones. However, the characteristics of vehicles for the same amount may be different.
Kawasaki – from $10,000 to $18,000;
Yamaha – between $6,000 and $15,500;
Sea-Doo – from $5,000 to $13,000.
What should I pay attention to when looking for jet ski financing?
In most cases, banks have additional payments and commissions. Before applying for a loan, it is recommended to analyze the loan conditions offered by the organization. Do not be too lazy to find out about related payments and about the interest rate to avoid inaccuracies and troubles in the future. It is also important to learn about the methods of repaying a loan and the possibility of early repayment, for which an additional commission is usually charged.
What to pay attention to when choosing a jet ski?
In order not to be mistaken with the choice of a jet ski, it would be most reasonable to connect an expert to this process, that is, a person who knows all the features of the machine and its design for sure. If this is not possible, you just need to remember the most basic rules for choosing a jet ski. The main thing – you should select the vehicle for yourself. This means that its size, weight, shape and dimensions should ideally suit the person who will operate the water technology.
You should also pay attention to the complete set of a jet ski. It should have large viewing mirrors, which cannot be dispensed with if the jet ski will be used in conjunction with a trailer. Mirrors are needed in order to be able to control everything that happens behind, and to ensure the safety of passengers.
When buying a jet ski, you will have to consider many different factors. Since you will use the machine mainly in the summer, you need to think in advance about where you will store it for the remaining time. The room for a jet ski must be well ventilated; you must also ensure that there is no excessive humidity in it.
You will also need a special cover for the jet ski – it will help protect the machine from dirt, dust and scratches, in addition, you cannot do without a cover when transporting technical equipment to the place of its operation. Jet ski transportation is also an extremely important point. To do this, you definitely need a special trailer.
What I need to buy in addition to a jet ski?
It’s not enough just to buy a jet ski and a cover for it; you will need many other accessories and items that will make the use of water technology more comfortable and safe.
Corrosion inhibitor – a special universal composition that will help protect the jet ski from rust and protect against the adverse effects of saltwater. This tool is simply necessary so that the jet ski after a couple of months of use does not turn into a rusty trough.
Life jackets – even if the driver of the jet ski and its passengers are masters of sports in swimming, you still can’t do without this device. You need to buy immediately as many vests as how many people will ride on a watercraft at the same time. Each lifejacket must be of high quality and well tailored, have reliable fastenings, fit in size and have light weight.
Flushing hose – despite the fact that the jet ski is constantly in the water, it is necessary to regularly remove sand, algae, and dirt from it. In addition, seawater itself is an aggressive environment, and if you do not rinse it off, a jet ski simply will not last long. For washing, it is recommended to use clean warm water, the pressure should be medium, so as not to damage the paint on the machine.
Candles – it’s not worth saving on them, so it’s better to buy quality ones from a reliable manufacturer.
Oil – it is necessary to change it regularly, then the vehicle will work perfectly. It is better to buy 20 liters of oil immediately, since its maximum daily consumption is one liter. It is recommended to give preference to the same brand of oil, so as not to reduce the available characteristics of the jet ski and not to subject it to breakdowns and malfunctions.
A jet ski is an assembly that is useful for many purposes: it can be used both on the farm and for entertainment or tourism purposes. It is important to choose a model that is suitable for the characteristics, and purchase it from an authorized dealer of the company – so you can count on free service and originality of spare parts. Also, our website provides detailed information about boat loans and home improvement loans. Webmoneyloans is always ready to help you.