Motorbike Loans Made Simple

You’ve spotted the motorbike of your dreams. But your bank account can’t quite stretch to cover the price tag. That’s when a motorcycle loan comes in. A lender will offer you the money to make the purchase, and then you’ll repay it plus interest and fees over a period of time.

Approval subject to responsible lending inquiries.

At Motor Vehicle Finance, we know that you’ll want to get on your new bike as quickly as possible, so our team will be doing everything they can to get the lending sorted pronto.

How long it takes depends on things like how busy lenders are and whether we have all the information we need for your application at the outset. In some cases, we can get a loan turned around in a day.

Lenders aren’t all the same, and it 's important that you get one that’s a good fit for your situation and circumstances. Our panel of lenders includes Avanti Finance, Heartland, Oxford Finance, Marac, Finance Now, Geneva Finance, UDC, Gem Finance and Community Financial Services.

What you will be charged in interest for your motorbike loan will vary according to your credit history and the security your lender has on the loan, as well as other factors. If they use your motorbike as security, you might get a lower interest rate. In general, interest rates for motorbike loans are likely to range from 7.95% p.a. to 29.95% p.a. To find out what sort of interest rate you might get, complete our application form here.

Approval subject to responsible lending inquiries.

It’s always a good idea to get an idea of the overall cost of any loan that you’re thinking about taking out.

At Motor Vehicle Finance, you’ll be charged an establishment/introducer fee as well as lender fees.

It might be a good idea to check out our disclosure statement, which you can find here, or look for more detailed information about lender fees here.

To give you an indication, if you had a loan of $5000 over 12 months at 10.95% p.a. with establishment and introducer fees of $495 and a PPSR Fee of $7.39, the total amount to repay would be $5,835.93 which is 12 monthly payments of $486.34.

Many riders buy pre-owned motorbikes. Finance eligibility depends on each lender’s criteria for age, condition and value.

If you’re wondering what loan repayments might be at different borrowing amounts, terms and rates, our handy calculator can show you different scenarios.  Note: The figures produced by the calculator are a guide only — your actual interest rate, fees and repayments will be determined after your application is assessed. For more see 'Loan Information' section below.

Not necessarily. Lenders will sometimes offer no-deposit lending for motorbikes, subject to approval and normal lending criteria. You can put in an application here to see what could be possible.

Our team are expert at helping Kiwis refinance existing motorbike finance.

Quick tip before you start: Make sure you are clear on what you want to achieve with vehicle refinance and the implications, for example: (a) do you want to reduce your current repayments, (b) do you want to review your interest rate and total cost of debt, or (c) other refinance objectives… In a nutshell, when refinancing your motorbike loan, it is important to be clear on what you want to achieve and any implications of making a change from one lender to another. We’re here to help you make a good choice for your needs.

Savings aren’t guaranteed and refinancing or consolidating can extend the term. Approval subject to responsible lending inquiries. See Loan Information below.

Yes, it’s sometimes possible to get a loan with bad credit responsible lending inquiries. We can help you to look at your options.

When you start an application, we run a soft credit inquiry to size up your options. Soft inquiries don’t change your credit score. If you proceed with a lender, the lender will run a full credit check, which creates a credit inquiry on your file and may affect your score. Applying with multiple providers may lead to multiple inquiries.