Motorcycle and scooter finance: planning your next ride
Start with the right bike and budget
Describe the motorcycle or scooter, whether it is new or used, the seller and the purchase price. Choose a budget that leaves room for ownership costs, rather than starting with the largest repayment you think you can manage.
Include gear and ongoing costs
Allow separately for riding gear, insurance, registration, servicing and tyres. Ask the seller about the particular model’s service schedule and maintenance history. If accessories are part of the purchase, list them clearly rather than assuming they are included in the finance.
Understand the agreement being offered
Ask whether the loan is secured or unsecured, what fees apply, and what happens if you repay early or sell the bike. Compare the total amount payable as well as the regular repayment. Different providers can offer different structures for the same purchase.
For a used bike, check the asset itself
Consider an independent mechanical inspection and ask what ownership and existing-security checks are needed. Have the year, kilometres and condition available for the finance conversation. Do not treat finance availability as a substitute for checking the purchase.
Prepare a useful enquiry
Provide the bike type, approximate cost, intended use, deposit and timeframe. If the purchase is for deliveries or another business purpose, include that detail so it is not assumed to be a personal-use purchase.
Explore the next step
Motorcycle finance information · Repayment calculator
Enquire About This PurchaseFurther reading: ASIC Moneysmart: comparing car loans and personal loans. For business purchases, see business vehicle and equipment finance. Provider examples do not indicate a lender-panel relationship.