How much does a jet ski cost per month to finance?

Monthly repayments on jet ski finance depend on the price, deposit, rate, and term. An entry-level $8,500 jet ski with 10% deposit at 7.5% over three years costs approximately $238 per month. A $15,000 mid-range model with 10% deposit at 8% over five years costs approximately $274 per month.

Are jet skis expensive to maintain?

Annual running costs for a jet ski in Australia typically range from $1,500 to $5,000 depending on usage and location. This includes registration ($120 to $350), insurance ($400 to $1,200), servicing ($400 to $800), fuel ($500 to $2,000), and storage ($0 to $2,400). Saltwater use increases maintenance costs.

Do you need a licence to ride a jet ski in Australia?

Yes. A PWC licence (or boat licence with PWC endorsement) is required in all Australian states and territories except the Northern Territory. Requirements vary by state but generally involve completing a safety course and passing a knowledge test. In NSW, a PWC licence costs $253 for one year or $683 for three years.

How many hours is a lot on a jet ski?

Under 100 engine hours is considered low usage for a jet ski. Between 100 and 200 hours is moderate. Over 200 hours warrants a thorough mechanical inspection before purchase. Well-maintained jet skis can run 300 to 500 hours, but expect increased maintenance costs beyond 200 hours.

Is it cheaper to buy a new or used jet ski?

Used jet skis cost 30% to 60% less than new, depending on age and condition. A 3 to 5 year old jet ski in good condition typically costs $10,000 to $18,000 compared to $15,000 to $30,000 new. However, used jet skis may have higher maintenance costs and shorter finance terms, which can narrow the gap.

What is the most popular jet ski brand in Australia?

Sea-Doo (manufactured by BRP) holds approximately 68% of the Australian PWC market share. Yamaha holds 27% and Kawasaki 5%. Sea-Doo's dominance is largely driven by the Spark range, which offers the lowest entry price in the market.

Can you finance a jet ski in Australia?

Yes. Jet ski finance is available through secured loans, personal loans, and chattel mortgages (for business use). Secured loan rates typically range from 7% to 12% with terms of two to seven years. Most lenders require the jet ski to be under 10 to 12 years old at end of term. Emu Money compares options from over 50 lenders.

How Much Does a Jet Ski Cost in Australia?

Written byClaudia Ainsley

Reviewed byMatt Leeburn

Updated 02 Jul 2026Content was accurate at the time of publication

How much is a jet ski in Australia? A new one costs between $8,499 and $34,999 depending on the brand, model, and engine size. Entry-level sit-down models like the Sea-Doo Spark start from $8,499, mid-range touring models run $15,000 to $22,000, and high-performance models reach $30,000 to $35,000. Used jet skis in reasonable condition range from $5,000 for older units to $26,000 for recent models with low hours. Here is what every price tier looks like in 2026 and what it actually costs to own one.

Why jet ski prices vary so much

Australia has more than 90,000 registered personal watercraft (PWCs), making jet skis the fastest growing powered vessel segment in the country. Registrations grew 28% over five years, with roughly 6,800 new units sold each year (state marine authorities, 2025).

That growth has pushed manufacturers to cover every price point. A first-timer wanting weekend fun on a lake pays a different price to a rider towing wakeboarders in open water or a fisher running 100 km offshore. The engine size, hull design, and feature set drive the gap.

New jet ski prices by brand in 2026

Model	Category	Engine	2026 RRP (ride away)
Spark 90	Entry	900cc, 90 HP	$8,499
Spark Trixx 90	Entry/fun	900cc, 90 HP	$9,999
Spark 120 (3-up)	Entry/family	900cc, 120 HP	$10,699
GTI 130	Recreation	1,630cc, 130 HP	$15,199
GTI SE 170	Recreation	1,630cc, 170 HP	$17,999
GTR 230	Performance	1,630cc, 230 HP	$19,999
GTX 170	Touring	1,630cc, 170 HP	$20,499
GTX 230	Touring	1,630cc, 230 HP	$22,999
Fish Pro Sport 170	Fishing	1,630cc, 170 HP	$21,999
Fish Pro Trophy 230	Fishing	1,630cc, 230 HP	$24,999
RXT-X 300	Performance	1,630cc, 300 HP	$27,999
RXP-X 300	Race	1,630cc, 300 HP	$29,999
Model	Category	Engine	2026 RRP (ride away)
---	---	---	---
JetBlaster	Entry/fun	1,049cc, 100 HP	$10,499
EX	Recreation	1,049cc, 100 HP	$11,499
EX Sport	Recreation	1,049cc, 100 HP	$12,499
VX	Mid-range	1,049cc, 125 HP	$14,999
VX Cruiser HO	Touring	1,812cc, 180 HP	$18,999
FX HO	Premium touring	1,812cc, 180 HP	$22,499
FX SVHO	Performance	1,812cc, 250 HP	$27,999
GP1800R SVHO	Race	1,812cc, 250 HP	$29,999
Model	Category	Engine	2026 RRP (ride away)
---	---	---	---
STX 160	Recreation	1,498cc, 160 HP	$17,999
Ultra 160	Touring	1,498cc, 160 HP	$22,999
Ultra 310X	Performance	1,498cc, 310 HP	$29,999
Ultra 310R	Race	1,498cc, 310 HP	$32,999

Used jet ski prices in Australia

Age/condition	Typical price range	What to expect
1-2 years old, under 50 hours	$16,000 to $26,000	Near-new condition, manufacturer warranty may transfer
3-5 years old, 50-150 hours	$10,000 to $18,000	Good condition, normal wear, most reliable buying window
6-8 years old, 100-250 hours	$6,000 to $12,000	Check for hull damage, impeller wear, electrical issues
9-12 years old, 200+ hours	$3,000 to $7,000	Budget option, expect maintenance costs, harder to finance

Running costs beyond the purchase price

Cost	Typical annual range	Notes
Registration	$120 to $350	Varies by state. NSW: $253/year. QLD: $120/year
PWC licence	$30 to $100	One-off or renewal. Required in all states except NT
Insurance (comprehensive)	$400 to $1,200	Higher for performance models and younger riders
Trailer registration	$100 to $300	Required if towing on public roads
Servicing (annual)	$400 to $800	Oil, spark plugs, impeller inspection, coolant
Fuel	$500 to $2,000	40-80 litres per tank, depending on model and riding style
Storage	$0 to $2,400	Free at home, $100-$200/month for marina or commercial storage
Antifoul/wash (saltwater use)	$200 to $500	Essential if riding in saltwater regularly

How jet ski finance changes the equation

Jet ski price	Deposit (10%)	Amount financed	Rate	Term	Monthly repayment	Total interest
$8,500 (Spark 90)	$850	$7,650	7.5%	3 years	$238	$920
$15,000 (GTI 130)	$1,500	$13,500	8%	5 years	$274	$2,920
$22,000 (GTX 230)	$2,200	$19,800	8%	5 years	$401	$4,280
$30,000 (RXP-X 300)	$3,000	$27,000	8.5%	7 years	$428	$8,920

What affects your jet ski finance rate

Jet ski finance rates typically run 7% to 12% for secured loans. Where you land in that range depends on four things.

Credit score. A score above 650 (Equifax) qualifies for rates in the 7% to 9% range. Between 500 and 650, expect 9% to 12%. Below 500, specialist lenders may still approve but at 12% to 18%.

Deposit. A 10% to 20% deposit improves your rate by 0.5% to 1.5% and signals commitment to the lender. Zero-deposit options exist for strong applicants buying new jet skis from authorised dealers.

Asset age. New jet skis attract the best rates. Used jet skis under five years old are still competitive. Older units (8+ years) may only be financeable on shorter terms with higher rates, because lenders apply end-of-term age limits of 10 to 12 years.

Loan structure. Secured loans (where the jet ski is registered on the PPSR as collateral) are cheaper than personal loans for the same borrower. The security gives the lender a claim on the asset, which reduces their risk and your rate.

A broker who searches across 50+ lenders can find the rate that matches your profile. Not all lenders have the same appetite for recreational marine finance, so the spread between the best and worst offer for the same applicant can be 3% or more.

This article is general information only and is not financial advice.

Frequently asked questions

The cheapest new jet ski in Australia is the Sea-Doo Spark 90 at $8,499 ride away (2026 RRP). It is a two-seater with a 90 HP engine suited to beginners and recreational riders. The next most affordable option is the Sea-Doo Spark Trixx at $9,999.

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