Motorbike Loans
Need a ride sooner rather than later? We understand, and we have the perfect solution for you! Whether you're looking to buy a scooter, a Harley Davidson, or a sports bike, we can help you hit the open road faster than you can say "Kawasaki."
A motorcycle loan is a specialised financing option designed to help you get your dream bike off the dealership floor and onto the road. When financing a motorcycle, opting for a newer model typically results in better interest rates. Newer motorcycles are less likely to break down, easier to service, and often command higher prices at auction compared to older models.
Conversely, lenders may impose higher premiums on loans for older bikes, making the financing costs comparable to those of a new motorcycle, even though the base price of the older model may be lower. However, if you're considering a classic motorcycle, the situation can differ. While some lenders may still view the age of a vintage bike as a liability, others offer specialised financing options for classic vehicles, making it easier for you to secure favorable terms.
Get started with SpeC Finance today and secure your motorbike loan through us!