UK Motorbike Finance Brokers
Motorbike finance is not widely known about, and can be difficult to obtain. At New Look Loans we have ensured all of our sales staff are fully trained, so that they can answer all of your questions and support you whilst you choose your new bike.
We provide a professional service from start to finish; we will keep you informed and supported at every step of your financial journey. At New Look Loans, we work tirelessly to find the most suitable finance package for our customers. As a responsible bike finance broker, we try to tailor the agreement to your needs and circumstances.
New Look Loans work with some of the largest motorbike finance companies in the UK and have built our reputation by providing bike finance packages tailored to our customers’ circumstances. Our lenders adjust the monthly or weekly payment term to suit you. Monthly payment terms range from 12 months (1 year) to 60 months (5 years). Simply let us know how long you would like to repay your finance for, what deposit you would like to put down or if you are unable to place a deposit down and allow us to find the best finance package, from the right lender, for you.
You can choose your new or used motorbike from any reputable motorbike dealership in the country. You can buy your bike from any part of the UK, and we can arrange your finance for you at your chosen dealership. Alternatively, we can recommend a reputable motorbike dealer in your area. The process is straightforward, allowing you to get your new bike in good time and hassle free.
Even if you have bad credit, been refused bike finance in the past or have been declined for motorbike finance elsewhere, please ask New Look Loans to try and source a motorbike finance deal for you.
All staff at New Look Loans are SAF approved and can competently place you with the best finance packages to suit your personal circumstances.
Choosing the Right Motorbike Finance
When it comes to purchasing a motorbike, many people turn to finance to help spread the cost. But with so many options available, it can be tough to know where to start. Below, we will guide you through the different types of motorcycle finance and help you choose the right option for you.
Personal Loans for Motorbike Finance
If you’re looking to buy a motorbike outright, a personal loan is a popular choice. This type of finance allows you to borrow a set amount of money that you can use to purchase your motorcycle. You then make monthly repayments to pay back the loan, with interest.
Personal loans can be a good option if you have a good credit score, as you will be able to access better rates. However, if you have a poor credit history, you may struggle to be approved for a personal loan or may be offered higher interest rates.
Hire Purchase Agreements
Hire purchase agreements, or HP, are a common form of motorbike finance. With HP, you pay an initial deposit, and the rest of the cost is spread over a set number of months. Once you have made all the repayments, the motorcycle is yours to keep.
HP can be a good option if you don’t have a lump sum of cash to put down as a deposit. However, it’s important to remember that you won’t own the motorbike until you’ve made all the repayments. If you miss any repayments, the lender may repossess the motorcycle.
Personal Contract Purchase
Personal Contract Purchase, or PCP, is a form of motorbike finance that allows you to pay a deposit, followed by a series of monthly repayments. At the end of the contract, you have the option to make a final payment and keep the motorcycle or return it to the lender.
PCP agreements can be a good option if you like the idea of being able to upgrade your motorcycle regularly, as you can simply take out a new contract once your current one ends. However, it’s important to consider the additional costs involved in returning a bike, such as any excess mileage or damage fees.
0% Finance Motorbike Finance Deals
Some dealerships offer 0% finance deals, which allow you to spread the cost of a motorbike over a set number of months without paying any interest. While this can be an attractive option, it’s important to remember that you may be limited in your choice of a motorbike, and you’ll need a good credit score to be approved.
Motorbike Finance FAQs
Bad Credit Motorbike Finance
If you have bad credit, you may think that getting approved for motorbike finance is out of the question. But don’t worry – there are still options available to you. Below, we’ll guide you through the different types of bad credit motorbike finance and help you get approved for the right option.
Bad Credit Personal Loans
If you have bad credit, you may still be able to get approved for a personal loan to purchase a motorbike. However, you should expect to pay higher interest rates than someone with a good credit score. You may also be required to provide a guarantor, who will agree to make repayments if you are unable to.
It’s important to shop around for the best deal, as some lenders may offer more favourable terms than others. You should also check your credit score before applying, as this can help you understand what kind of rates and terms you can expect.
Bad Credit Hire Purchase Agreements
If you’re struggling to get approved for a personal loan, a hire purchase agreement may be a good alternative. With HP, you make an initial deposit and then make monthly repayments over a set period of time. Once you’ve made all the repayments, the motorbike is yours to keep.
While some lenders may be hesitant to approve someone with bad credit for HP, others may be more willing to take a chance. You should be prepared to pay higher interest rates, and you may need to provide a larger deposit than someone with a good credit score.
Bad Credit Personal Contract Purchase
Personal Contract Purchase, or PCP, may also be an option for bad credit motorbike finance. PCP allows you to make an initial deposit, followed by a series of monthly repayments. At the end of the contract, you have the option to make a final payment and keep the motorcycle or return it to the lender.
Again, you should expect to pay higher interest rates if you have bad credit. You may also need to provide a larger deposit than someone with a good credit score. However, PCP can be a good option if you like the idea of being able to upgrade your motorbike regularly.
Choosing the Right Bad Credit Option for You
When it comes to bad credit motorbike finance, it’s important to choose the right option for you. 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 choosing the right option for you, you can get approved for motorbike finance and enjoy the freedom of the open road.
Poor Credit Motorbike Finance FAQs
Motorbike Finance Calculator
Our motorbike finance calculator is a great estimation tool to see what you could afford to borrow. Simply use the sliders to see an example of what your monthly payments could be. Rates will differ based on your credit rating. Amounts proposed are an estimate, credit is subject to status and is not guaranteed.
Apply For Motorbike Finance
Our online finance application form is quick & easy to complete. You can rest assured that we will make every possible effort to help you obtain the motorbike credit you deserve. We will treat your motorbike finance application in the strictest confidence and maintain your privacy at all times.

Why Choose Us?
All Credit Histories
We specialise in all credit histories including those who have previously struggled gaining credit or may have a poor credit history. If you are looking to buy a new or used motorbike and you have a bad credit motorbike finance rating, apply online using our easy to complete motorbike finance application form.
Choose Any Motorbike
You can choose to deal with any reputable motorbike dealer in your local area or we can recommend a reputable motorbike dealer to you from our approved dealer network. Then simply leave it to us to find you a fantastic finance option with affordable monthly repayments, tailored to your circumstances!
Finance For You
We tailor credit for all of our customers based upon their circumstances. Our skilled staff try to source the best finance option for you, first time, and are there to support you throughout your finance agreement. Rest assured we will make every possible effort to help you obtain the motorbike credit you deserve.
Get in Touch
If you have any queries please get in touch on 01482 459066 or fill in the form below