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Finance

Whether you buy a bike with cash or go down the Hire Purchase or PCP route, you'll need to finance your motorcycle. Whether it's new or used, a private sale or from a dealer,  we'll help you work out the best option to help you fund a new bike.

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What happens at the end of my motorbike PCP agreement?

Published: 13 August, 2019

All good things come to an end even though, when you sign your motorcycle PCP agreement, you’re probably only thinking of the good things that are about to get going. When your PCP term finishes, you have three choices: Pay…

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Motorcycle Financing Guide

Published: 03 June, 2019

Every way to finance your new motorcycle Twenty-five years ago, pretty much the only way you could buy a motorcycle was with cold-hard-cash. A lot has changed and now more motorcycles are bought with finance than any other method. In…

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What is Voluntary Termination?

Published: 26 March, 2019

Need A Release From Your Finance Agreement?  How Can Voluntary Termination (VT) Help? Just because it is easy to obtain finance for your next bike purchase, it doesn’t necessarily mean you should.  In a matter of minutes, you can be…

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Can I buy a used motorcycle on finance?

Published: 26 March, 2019

Yes, it’s not just new motorcycles and scooters that are available with finance packages like HP and PCP. You can spread the cost of a used motorcycle with monthly payments and the most common options are HP and PCP. Most…

What is Total Amount Payable (TAP)

What is Total Amount Payable (TAP)

Published: 26 March, 2019

These days it is easier than ever to finance your new motorbike purchase. Whether you are buying new or used, looking to pay a deposit or to spread the cost of your finance over a fixed period, there is an…

Representative APR vs Exact APR

Representative APR vs Exact APR

Published: 26 March, 2019

Know Your Interest Rates – Representative APR vs Exact APR If you are thinking of purchasing your next motorbike using a loan or other finance agreement, be sure that you understand all of the financial jargon before you sign on…

Understanding The Optional Final Payment

Understanding The Optional Final Payment

Published: 26 March, 2019

If you are thinking about purchasing your new bike on a personal contact purchase (PCP) agreement, you will need to take note of the optional final payment amount. This is the figure that reflects how much you will need to…

Motorcycle Residual Values

Motorcycle Residual Values

Published: 26 March, 2019

If you are planning on buying a new bike on finance, it is important to find out much it will cost you, should you decide to keep it at the end of the term.    This is called the “Residual Value”…

What is motorcycle GAP insurance?

What is motorcycle GAP insurance?

Published: 26 March, 2019

GAP stands for Guaranteed Asset Protection and it is a financial product you can buy which will cover any shortfall from the insurance company payout should your financed motorcycle or scooter be stolen and not recovered or written off. How…

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Motorcycle finance – watch out for the early upgrade offer

Published: 26 March, 2019

People are wary of finance and for good reason – often it’s helping you buy something that you otherwise couldn’t afford to buy outright. But most of us are happy paying a bit more, for the privilege of being loaned…

DSC 0094 456x305 - What happens to my motorcycle finance agreement if I die?

What happens to my motorcycle finance agreement if I die?

Published: 26 March, 2019

Who’s planning on dying? Not us! As motorcyclists we have a lust for life but we’re all too familiar with the potential to shuffle off this mortal coil. Despite what your friends and family might think, you’re not planning on…

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Motorbike Finance: How To Navigate Negative Equity

Published: 26 March, 2019

If you purchased your bike using finance, certain circumstances can burst the bubble of your easy repayment dreams.  Dealerships promote the use of finance as an easy way to buy your bike,  as well as the opportunity to upgrade or…

Motorbike finance GFV and GMFV explained

Motorbike finance GFV and GMFV explained

Published: 26 March, 2019

What is GMFV and GFV with PCP motorcycle finance? Unfortunately, motorcycle finance is littered with acronyms. There are so many it would be easy to become a bit blasé but if you’re looking at PCP finance, there’s one you should…

Motorbike finance: What is APR?

Motorbike finance: What is APR?

Published: 26 March, 2019

APR stands for Annual Percentage Rate of charge. Essentially it’s a figure that shows you the annual cost of borrowing – it’s what you’ll pay on top of the money you borrow – whether it’s a bank loan, a PCP…

What is a 0% or interest-free finance deal?

What is a 0% or interest-free finance deal?

Published: 26 March, 2019

The motorcycle industry is catching up with the car industry when it comes to finance offers. You’ll see lots of dealers talking about Hire Purchase (HP) and Personal Contract Purchase (PCP) finance. More and more manufacturers are now offering 0%…

IMG 2800 458x305 - Choosing: Motorbike Hire Purchase (HP) or Personal Contract Purchase (PCP)

Choosing: Motorbike Hire Purchase (HP) or Personal Contract Purchase (PCP)

Published: 26 March, 2019

The Best Way To Buy A New Motorbike: HP or PCP The vast majority of motorcyclists use some kind of borrowing to buy a new motorbike, and motorcycle manufacturers are keen to make finance as easy and flexible as possible….

What is Hire Purchase (HP) motorcycle finance

What is Hire Purchase (HP) motorcycle finance

Published: 26 March, 2019

Hire Purchase finance is a loan, secured against your motorcycle, which you pay off in monthly installments and when you’ve finished your finance term, the motorcycle belongs to you and is yours to do what you want with. How does…

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How To Finance Your Motorbike With Bad Credit

Published: 26 March, 2019

If you are in the market for a new motorbike but know that your credit rating is suffering from previous mishaps, there are still ways to obtain your new set of wheels using a finance package.  The payoff, however, is…

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What is a finance deposit contribution?

Published: 26 March, 2019

A deposit contribution is often mentioned when a manufacturer is offering a new motorcycle finance package. Is a deposit contribution the same as a discount? The short answer is no but the slightly longer answer is: it can be. How…

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Can I end my motorcycle PCP early?

Published: 26 March, 2019

You never know what the future has in store and often you’ll want or need to settle your PCP motorcycle finance before the end of the term. Terminating the agreement and settling early is entirely possible but it’s likely it’ll…

credit cards21 500x305 - Should I Use My Credit Card To Buy My Next Motorbike?

Should I Use My Credit Card To Buy My Next Motorbike?

Published: 26 March, 2019

With credit card companies offering favourable deals, and 0% balance transfers, is it preferable to pay for bigger purchases, like a new motorbike or scooter on your credit card? Hire purchase agreements and lease agreements are usually tied to the…