Motorbike Finance for a
New or Used Motorbike
We guide you every step of the way so that you can get your motorbike sooner.
- Personal loan advice
- 1-1 broker time to answer any questions
- Super fast loan approval turnaround
Speak to an expert
Get The Right Loan For Your Motorbike
Buying a motorbike is an exciting time, but it’s important to evaluate your options.
A motorbike loan is a specific type of personal loan that you can use to buy a new or used motor vehicle when your savings won’t cover the total cost upfront.
When you take out a motorbike loan, you will need to make regular repayments over a fixed term towards the lump sum you borrowed (referred to as principal), as well as interest accrued. The interest rate will take effect from the time you take out the loan although there are more to car loans than interest rates.
Prime Loans can help you:
- Check how much you can borrow
- Guide you through your options
- Get the loan in less than 2 weeks
Motorbike finance options for you
Get in touch to learn which loan is suitable to your needs.
Consumer Loans
Chattel Mortgage
Commercial Hire Purchase
Novated Lease
We work with the largest panel of lenders in the country
We negotiate better rates with more than 35 lenders for you.
Looking To Finance A Motorbike?
Buying a motorbike is an exciting step, whether it’s for daily use or weekend riding. With different loan options, rates, and terms available, it’s important to choose a structure that suits your budget and lifestyle.
We’ll help you compare lenders, understand your options, and set up a loan that works for your situation now and into the future.
Access to 35+ Lenders
Personalised Broker Advice
Fast Approvals & Competitive Rates
Trusted by Clients Across Australia
Our clients choose Prime Loans because we simplify the loan process, provide honest advice, and deliver real results.
Frequently Asked Questions
Am I eligible for a motorbike loan?
You are eligible for a motorbike loan if you:
- are 18 years or older
- are an Australian resident
- have a regular income be
- looking to borrow more than $5,000
Can I choose between a variable rate loan for a motorbike loan?
Car loans are all structured as fixed rate loans.
Is insurance and warranty included in the motorbike loan amount?
That depends on the lender. Some lenders will allow you to include these in the loan amount.
How does pre-approval work for motorbike loans?
Pre-approval means your loan is approved before you find the motorbike you’d like to buy.
This means you will have a budget to work towards and can have a peace of mind knowing what you can borrow and afford.
Once you find the motorbike you’d like to purchase, Prime Loans will arrange for the funds to be drawn and payment to be made.
What documentation do I need to apply for a loan?
PAYG Applicants will need:
- a copy of your drivers licence (front and back)
- your last 2 pay slips
- a recent rates notice (if you own property)
- a copy of the contract for sale for the car
Self Employed applicants will need:
- a copy of your drivers licence (front and back)
- a recent rates notice (if you own property)
For commercial applicants will need:
- a copy of your drivers licence (front and back)
- a recent rates notice (if you own property)
- recent financials (for the business and individual)
What are the benefits of going through a broker for my motorbike?
Your broker has access to a variety of different lenders. As such, they are not only able to find you the best deal, but a loan solution that meets your circumstances.
A broker works for you, not a motorbike dealership or a particular lender leaving you with someone who is making sure you get the best loan unlike dealers who generally focus on clearing out their stock.
Can I get a motorbike loan if I am self-employed?
Yes, there are loans specific tailored to the self-employed.
You may also be able to claim part of the car’s costs, including loan interest, as a tax deduction.
For purchases less than $20,000, you can immediately claim the full value back as a tax deduction within the same year.
For purchases over $20,000, you can still claim a deduction over time using the general small business pool.
Can I get a motorbike loan if I have a poor credit history?
Yes, there are lenders who can assist you if you have a poor credit history.
Speak to Prime Loans for more information.
How long will my motorbike loan take to be approved?
You could have your finance approved in as little as 2 days.
Sometimes, depending on the circumstances of the transaction, the loan approval process can take longer.
Do I need a deposit for a motorbike loan?
You do not need a deposit to take out a motorbike loan, although it may increase your chances of getting the loan and reduce your repayments.
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