Motorbike Finance To Suit Your Budget

Affordable Motorbike Finance

Rates from 10.9% APR. Representative APR 22.45%

 

Representative Example: Borrow £6,000 with £1,000 deposit over 48 months with a representative APR of 22.45%, the monthly payment would be £153.29, with a total cost of credit of £2,357.76 and a total amount payable of £7,357.76. Car Loans UK is a broker not a lender. This is an example only, all finance subject to status. Lender fees may apply.

Compare Motorbike Finance

If you’re looking to get a motorbike on finance. It’s a good idea to be aware of all of the different options available for financing the purchase of the bike when you compare motorbike finance. As with all financial commitments you make, it is vital that you consider the cost and affordability of the credit options. Especially given the extended timeframe that the motorbike finance is likely to take to pay off.

Affordable Motorbike Finance

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Find out how much you could borrow

 

Representative Example: Borrow £6,000 with £1,000 deposit over 48 months with a representative APR of 22.45%, the monthly payment would be £153.29, with a total cost of credit of £2,357.76 and a total amount payable of £7,357.76. Car Loans UK is a broker not a lender. This is an example only, all finance subject to status. Lender fees may apply.

How Does Car Finance Work?

Car Finance

The Initial Deposit

This step isn’t always required. Although, placing down a deposit when completing a car finance agreement is highly recommended.

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Repayment Plans

Depending on the agreement that has been put in place for example HP, PCP & CS, your repayment plan may vary.

Car Finance

Contract Completion

Upon completion of your contract, you will then have a number of different options available to you. Which we will state below.

Frequently Asked Questions

The decision as to who is accepted for motorcycle finance will ultimately rest with each individual lender. Notably applicants must be over the age of 18, and have reasonably good credit. At the same time, you should also be able to prove you have the means to make your monthly payments. It is often the case that people with steady, full-time employment are the most likely to be considered.

In addition to your basic personal details such as your name and address. You should be able to provide employment details. Also details of any expenses such as other credit or finance plans you are currently paying off and your bank details. And finally, you will need to provide the details of the motorcycle, scooter or moped you are intending to buy.

When a credit check is carried out on your behalf, some agencies will check your details against the electoral roll. Therefore, it is important that you are on the electoral roll. In order that you maximise your chances of success in applying for credit.

Check, double check and sleep on it!

Purchasing a motorcycle using finance is a long term commitment. Because your payment terms are likely to last for around 5 years, so it is vital that you are able to make the payments for each of the 60 months over which this agreement will run.

Before committing to a plan, read all of the documentation that you are sent. Specifically any details regarding the late payment of any instalment. Therefore nobody should enter into any credit agreement expecting to miss payments. Sometimes life gets in the way and it is best to avoid any nasty surprises, should the worst happen.

Once you are happy with the details of the credit, take some time to really consider if it is the best option for you. Sleeping on any big decision and looking at it in the cold light of the morning. Is a great way to make sure you are making the right call when it comes to your motorbike finance deal.

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Car Loans UK is a trading style of BMG FG (UK) LTD, a company registered in England and Wales. (Company number: 12382512, Registered Address: 4th Floor, Kingsgate, Wellington Road North, Stockport, Cheshire, SK4 1LW. We act as a credit broker and not a lender and are authorised and regulated by the Financial Conduct Authority for consumer credit FCA no.928674. Car Loans UK can introduce customers to a limited number of finance providers based on overall credit profile and we receive a commission for such introductions, this will not impact the rate you are provided. We do not charge a fee to the customer for arranging the finance. This is a fixed payment or percentage, but can vary by lender. Further information is available on request. Written quotations on request. All finance subject to terms and status Data Protection Registration No.ZA766848.