Editor's choice: LendingClub personal loans
- Less strict eligibility requirements
- Quick turnaround time
- High Trustpilot rating
Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
There are a number of lenders that cater to the love for high-speed water sports by offering specialized loans designed for purchasing both new and used jet ski models. With competitive rates and flexible repayment methods, there are multiple ways you can finance your next jet ski purchase.
Most jet ski manufacturers offer financing either directly or through major banks. But those aren’t your only options. You can also pay for your new or used jet ski through a personal loan, credit card or by building up your savings.
You can use most personal loans to cover the cost of any legitimate personal item, including that new jet ski. You can typically find a lender offering between $2,000 to $100,000 with repayment terms ranging from one to seven years.
Some lenders may even be able to have you approved immediately and the loan settled the next day. With years of experience providing loans to consumers for a variety of large purchases, lenders know which terms will fit your circumstances and preferences.
Not interested in spending the time looking for a personal loan before you buy your jet ski? You can typically get financing through the manufacturer, which often have deals with major banks to help them provide financing. Manufacturers sometimes offer promotional rates that could be more competitive than your typical personal loan.
These aren’t necessarily loans, however. Yamaha, for example, offers financing through a Yahama Credit Card issued by WebBank in addition to loans that Synchrony Bank funds. Keep in mind that you’ll have to meet the lender’s credit requirements to qualify, which could be more rigid than other types of personal loans. You also won’t have the advantage of comparing your options to see if you can find a better deal.
Buying a jet ski on the cheaper end of the spectrum? Don’t need full financing? You might want to consider putting part of your jet ski expenses on a credit card. If you have good enough credit and can pay off your jet ski within a year or so, you might want to consider applying for a new credit card that has a 0% APR introductory period to get interest- and fee-free financing. Just be sure to pay it off before the introductory period is up — once it ends, credit card interest rates can be higher than other types of financing.
The cheapest way to buy a jet ski is to simply save up and pay for it upfront. You won’t have to pay any interest or fees, spend time applying for financing and you’ll own your jet ski outright. Consider setting up a high-interest savings account that you deposit funds into each month until you have enough to cover your jet ski costs.
A new jet ski can set you back anywhere between $5,000 and $20,000. The price depends on the manufacturer and model. On top of the price, you might have to pay a destination charge to cover the delivery of your new jet ski. These can cost around $300 to $500 and depend on your dealer.
You should also consider title fees and licensing, which vary from state to state. You can find more information on costs and requirements by visiting you local DMV website.
We’ve gathered some of the most popular jet ski prices to give you a better idea on how much you might need to spend to get the personal watercraft of your summer dreams.
Depending on the model, Kawasaki Jet Skis typically range from around $10,000 to $18,000. The company recommends a destination charge of $390 for most vehicles.
|Model||Cost of jet ski|
|Jet Ski STX-15F||$9,699|
|Jet Ski SX-R||$9,999|
|Jet Ski Ultra LX||$11,199|
|Jet Ski Ultra 310X||$15,299|
|Jet Ski Ultra 310X SE||$15,799|
|Jet Ski Ultra 310R||$16,299|
|Jet Ski Ultra 310LX||$17,999|
This manufacturer offers more than 10 models of jet skis, which it calls wave runners. These range from vehicles designed for every day fun to professional racing and can cost between around $6,500 and $15,500.
|Model||Cost of jet ski|
|VX Cruiser HO||$11,299|
|FX Cruiser HO||$13,799|
Sea-Doo personal water crafts (PWC) are slightly less expensive, ranging from around $5,000 to $13,000.
|Model||Cost of jet ski|
|GTI Limited 155||$12,499|
With so many lenders offering loans for jet skis, it is good practice to compare the features before deciding on the right one for you. Different options will appeal to different borrowers depending on their circumstances, but here are a few things to look for:
Jet skis aren’t a cheap investment. Before you dive into a new loan, weigh the pros and cons of financing your purchase.
Even when you’re sure you want to buy a jet ski and know exactly what model you want to get, you should still know a few of the downsides before agreeing to a loan.
Use the comparison table above to help narrow down your choices. Once you decide on a lender, click Go to Site. Be prepared to answer questions about the following items:
When it comes to paying for a new jet ski, you have several options, including borrowing from the manufacturer or taking out a personal loan. If you’re not in a rush, the cheapest way to pay for a jet ski is to save up and pay without borrowing, but comparing your financing options may benefit you in the long run by allowing you to build your credit.
Compare 6 lenders to find one that’s a good fit for your needs.
The PPP wasn’t made with sole proprietors and independent contractors in mind. Here are other options that can help.
A lender who primarily offers loans to underserved small business owners.
Some PPP borrowers can get another round of funding through community lenders — though not all can qualify.
First Draw loans are now available through nonprofit lenders, with Second Draw loans following shortly behind.
Wise Loan may be an expensive choice, but it’s upfront about its costs.
Ways to protect your assets and what you need to know about marital debt.
Which type of car insurance policy fits your car and driving needs?
This West Coast bank offers term loans and a lending program for underrepresented business owners.
Three local lenders to explore before heading to the dealership.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.