This car finance calculator is for illustration purposes only. The interest rate that you receive from your motor finance provider, or the fees they may charge, can vary significantly depending on your personal circumstances. If you have poor or bad credit you are deemed to be a higher risk to the lender, hence the reason for higher monthly payments. New Look Loans is a finance broker and arranges finance with lenders on our client’s behalf. New Look Loans does not provide loans and cannot directly calculate the exact cost of your loan. This tool is only a rough indicator to help users check potential affordability. Credit is subject to the discretion of the lender, is subject to status and is not guaranteed.

Representative Example

Borrow £7,000 with £0 deposit over 48 months with a representative APR of 35.9%, monthly payment would be £256.42, with a total cost of credit of £5,308.16 and a total amount payable of £12,308.16. New Look Loans is a credit broker and not a lender. Warning: Late repayment can cause you serious money problems. For help go to www.moneyhelper.org.uk

Motorbike Finance FAQs

If you’re looking to purchase a motorbike but don’t have the cash to pay for it upfront, motorbike finance may be a good option for you. Here are some frequently asked questions about motorbike finance to help you make an informed decision.

Motorbike finance is a type of finance that allows you to purchase a motorbike and make payments over a set period of time. There are various types of motorbike finance options available, such as personal loans, hire purchase agreements, personal contract purchase, and 0% finance deals.

We provide finance for all types of motorbikes including:

  • Mopeds: With engine sizes up to 50cc, these low-powered bikes are ideal for short distances and city commuting.
  • Superbikes: High-performance sport bikes with engine sizes typically ranging from 600cc to 1000cc, designed for speed, handling, and aggressive riding.
  • 125cc Motorbikes: Popular among beginners and commuters, these lightweight bikes offer manageable power and fuel efficiency.
  • Small Motorcycles: Covering engine sizes from 51cc to 125cc, these bikes cater to various riding styles and preferences, including commuters and entry-level riders.
  • Medium Motorcycles: With engine sizes between 126cc and 400cc, these bikes offer a balance of power and handling, suitable for city commuting, touring, and leisure riding.
  • Large Motorcycles: Featuring engine sizes from 401cc to 650cc, these versatile bikes are ideal for experienced riders who enjoy touring or sport riding.
  • Extra Large Motorcycles: Ranging from 651cc to 1000cc, these high-performance bikes cater to riders seeking speed, power, and advanced features for sport riding or long-distance touring.
  • Super Large Motorcycles: With engine sizes of 1001cc and above, these powerful bikes are designed for skilled riders who want the ultimate in performance and capabilities.

We offer finance for all motorbike makes including the following and many more:

  • Aprilla
  • BMW
  • Ducati
  • Harley-Davison
  • Honda
  • Kawasaki
  • KTM
  • Suzuki
  • Triumph
  • Yamaha

To apply for motorcycle finance, you will need to provide personal and financial information to the lender. This may include your income, employment status, and credit history. The lender will use this information to determine whether to approve your application and what interest rate to charge.

The time it takes to get approved for motorbike finance depends on the lender and your financial situation. Some lenders may be able to provide instant decisions, while others may take several days to process your application.

The amount you can borrow for motorbike finance depends on your financial situation and the lender’s criteria. Generally, lenders will consider your income, credit history, and the value of the motorbike when determining how much you can borrow.

Before applying for motorbike finance, you should consider how much you can afford to repay each month and what type of finance is best for your financial situation. You should also think about the length of the contract and any additional fees, such as early repayment charges or excess mileage fees. It’s important to be realistic about what you can afford and not to overstretch yourself financially.

By understanding your options and being prepared, you can find the best motorbike finance option for your needs and enjoy the freedom of the open road.

When it comes to choosing the right motorbike finance option, it is important to consider your individual circumstances. Think about how much you can afford to repay each month and how much you can put down as a deposit.

You should also consider the length of the contract and any additional fees, such as early repayment charges or excess mileage fees. Take the time to research different lenders and deals to find the option that best suits your needs and budget.

At the end of the day, motorbike finance can be a great way to make purchasing a motorbike more affordable. By choosing the right option for you, you can enjoy the freedom of the open road without breaking the bank.

Yes, it is possible to get a motorbike on finance with bad credit. However, it may be more difficult to get approved and you may need to pay higher interest rates and provide a larger deposit than someone with a good credit score. There are various types of bad credit motorbike finance options available, such as personal loans, hire purchase agreements, and personal contract purchase finance deals. It’s important to shop around and compare deals from different lenders to find the best option for your financial situation. Additionally, before applying for bad credit motorbike finance, you should consider how much you can afford to repay each month and be prepared to pay higher interest rates.

Yes, it is possible to get approved for motorcycle finance with bad credit. However, you may need to pay higher interest rates and provide a larger deposit than someone with a good credit score.

Poor credit motorbike finance is a type of finance that is available to people with bad credit. It includes personal loans, hire purchase agreements and personal contract purchase finance deals.

To improve your chances of getting approved for bad credit motorbike finance, you should check your credit score before applying and shop around for the best deal. You should also be prepared to pay higher interest rates and provide a larger deposit than someone with a good credit score.

Before applying for bad credit motorbike finance, you should consider how much you can afford to repay each month and how much you can put down as a deposit. You should also think about the length of the contract and any additional fees, such as early repayment charges or excess mileage fees. It’s important to be realistic about what you can afford and not overstretch yourself financially.

By understanding your options and being prepared, you can get approved for bad credit motorbike finance and enjoy the freedom of the open road.