Secured Motorcycle Loan
A Secured Motorcycle Loan is also known as a Consumer Bike Loan. This is the most popular method of motorbike finance used to purchase a bike for private use. As the bike is secured against the loan, the interest rates are normally lower than a motorcycle personal loan.
A secured motorcycle loan is a simple loan between you and the lender with regular repayments for a predetermined time frame. Ownership of the bike passes to you at the start of the agreement and the loan is secured against the bike. The interest rate is fixed for the term of the loan. This means repayments remain the same for the life of the loan which makes budgeting easy. A Secured Motorcycle Loan can be paid out at any time. You can also sell the bike at any time during the loan. A Secured Motorcycle Loan is most consumers first choice for motorbike finance.
Motorcycle finance is available for both road registered and unregistered trail bikes.
Advantages of a Secured Motorcycle Loan
- Up to 100% of the purchase price, and even more, can be financed to cover insurance and accessories. A deposit may not be required*
- Fixed interest rate for the term of the loan.
- Regular fixed repayment schedule.
- Terms from 1 to 5 years.
* Conditions apply
Apply for Motorbike Finance
Call one of our friendly AAA Motorbike Finance Experts today to discuss your Secured Motorcycle Loan.
Or make a Quick Loan Enquiry Now. One of our Experience Finance Team will call you shortly.
Protect your bike and your credit rating with motorbike insurance. We offer a range of insurance products. Comprehensive motorbike insurance, extended warranties and motorbike tyre and rim insurance protect your bike. Motorbike loan protection insurance and motorbike gap or shortfall insurance protect your loan and credit rating.
Motorbike Finance Calculator
Use our motorbike finance calculator to estimate your repayments. Fortnightly or monthly repayments are calculated. This calculation is based on your estimate of your motorbike finance amount, term of loan (in years) and an approximate interest rate. Your interest rate will be dependent on your current credit rating.
The following link has some good tips on how to buy a motorcycle.
*The Comparison Rate is calculated on a Secured Loan of $30,000 fixed for a term of 5 years, effective 12/06/2015 and subject to change. WARNING: The Comparison Rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts may result in a different comparison rate.