Representative example: borrowing £5,595 over 4 years with a representative APR of 33.4%, an annual interest rate of 33.4% (Fixed) and a deposit of £0.00, the amount payable would be £198.73 per month, with a total cost of credit of £3,944.04 and a total amount payable of £9,539.04
We have quite a few bikers at CarFinance 247, so we understand the passion!
When you choose us to arrange your motorbike finance for you, you’re then in the position to go looking for a bike knowing how much you can spend, and with the confidence of having your motorcycle loan already in place.
So you can take your pick from any reputable dealership in the UK.
With all circumstances considered, we can usually find a suitable motorbike finance deal to suit you in no time.
How to finance a motorcycle
Our motorbike finance application process is simple.
Just tell us how much you want to borrow and our account managers will do the rest.
Our online application form is simple to use. Just make sure you select the bike option before filling out your personal details.
In most cases you’ll get a decision in minutes, then all you need to do is find that bike!
Do I need a deposit for motorbike finance – and is there motorbike finance for bad credit?
If you can’t lay your hands on the cash for a deposit, don’t worry. We have lenders that can offer 0% deposit on motorbike finance, subject to approval.
We work with a range of trusted lenders, so we can find a finance to suit you and your individual circumstances.
Even if your credit history’s less than perfect, we have access to a number of lenders that can offer motorbike loans and finance.
No credit check motorbike finance
In order to access motorbike finance, lenders do need to run a credit check. However, your credit report is not the only thing that has a bearing on their decision as to whether or not you’ll be accepted for finance – and it’s still possible to finance a motorbike even if you have a less than perfect credit score.
Credit checks are still a necessary part of the process, although you will only be subject to a full credit check once you’ve accepted your no obligation quote and proceeded through with your application.
The initial credit check that’s carried out at the start of the application won’t even leave a mark on your credit file – so you won’t be penalised for checking if you’ll be accepted for your chosen amount in principle.
You can work out your chosen amount through our straightforward motorbike finance calculator.
Using our motorbike finance calculator
With us, you calculate your finance for a motorbike in order to get an idea of your budget.
Simply enter the amount and the calculator does the rest. We’ll break down your budget into monthly repayments based on the best available rate.
You can even adjust the calculation based on your credit score – across bad, fair, poor and excellent.
Why not give it a try today!