What are the main types of motorcycle finance available in the UK?
Motorcycle financing is a good way to spread the cost of the vehicle over some time. Thus, you can buy the desired bike without paying the full price.
The following types of motorcycle finance are currently available in the UK:
- Personal loan from a bank or financial company. The borrower can take a certain amount of money on credit to buy a motorcycle, repaying it monthly during a certain period
- Hire Purchase (HP) involves paying a deposit and then making fixed monthly payments. It is worth paying attention that in the case of installments, ownership of the bicycle is transferred upon payment of all payments.
- Personal contract purchase (PCP) is similar to an installment plan, but the monthly payment is slightly smaller. After the end of the contract, you can choose to pay a lump sum to take possession of the bike, return it, or exchange it for a new one
- Dealer financing includes individual financing packages adapted to a specific bicycle model (Yamaha, Suzuki, Honda, BMW). Dealers often cooperate with financial companies, offering various promotions and special offers.
- A bank credit card can also be used to buy 50cc, 125cc motorbike .
As an alternative, you can also take out a personal loan. Your possible expenses:
Personal loan calculations for 1 year (example)
| Amount, $ | Rate, % | Accrued %, $ |
| 5,000 | 7.40% | 200 |
| 5,000 | 8.40% | 228 |
| 5,000 | 9.40% | 255 |
| 10,000 | 9.50% | 515 |
| 10,000 | 10.50% | 569 |
| 10,000 | 11.50% | 623 |
| 20,000 | 11.60% | 1,257 |
| 20,000 | 12.60% | 1,365 |
| 20,000 | 13.60% | 1,473 |
| 25,000 | 13.70% | 1,855 |
| 25,000 | 14.70% | 1,991 |
| 25,000 | 15.70% | 2,126 |
How to get a motocross bike on finance?
We offer a short instruction that will help in the process of obtaining financing for a motorcycle.
Step 1: Determine your budget to estimate the acceptable level of monthly payments and other costs associated with buying and maintaining a motorcycle. In addition, it is worth determining the amount you are willing to provide as a deposit.
Step 2: Choose your motorcycle. Financing can be obtained for both a new and a used motorcycle of any model - sports motorcycle, cruiser, or scooter
Step 3: Research and compare financing options to find the best deal for you. On our website, you can use the following catalog of offers from banks and financial companies. Therefore, you can find offers with 0 financing. Be sure to check whether you meet the lender's criteria. Some lenders finance motorcycles with bad credit.
Step 4: Apply for financing online or at the lender's office. Be prepared to provide proof of identity, bank statements, and, if necessary, proof of income.
Step 5: Review the financial agreement, and familiarize yourself with all its terms - interest rate, possible fees, repayment terms, etc.
Step 6: Sign the finance agreement, make a deposit if necessary, take delivery of the motorcycle
Can I get a motorcycle loan with bad credit score in the UK?
Yes, some banks and financial companies issue guaranteed loans for the purchase of a motorcycle to people with a bad credit history or no credit check. However, credit terms will not be so flexible, you should expect higher interest rates and shorter credit terms.
Who offers 125cc motorbikes on finance?
Several dealers and finance companies in the UK offer finance options for 125cc motorbikes. Here are some of the key providers where you can find financing for 125cc bikes:
- Motorcycle Dealerships: Halfords, Fowlers of Bristol, Crescent Motorcycles
- Motorcycle Manufacturers: Honda Finance, Yamaha Finance, Kawasaki Finance
- Specialist Finance Companies: Superbike Loans, The Bike Insurer
- Online Marketplaces: MCN Bikes for Sale, Autotrader Bikes
- Credit Unions offer personal loans that can be used to finance a 125cc motorbike. This can be a good option if you prefer not to use dealer or broker financing.
- Personal Loans from Banks
Are there 50cc motorbike finance offers?
Yes, you can find finance offers for 50cc motorbikes in the UK. Various dealers and finance providers offer tailored finance packages for these smaller, learner-friendly bikes.
BMW motorbike finance in the UK
Financing options for BMW motorbikes in the UK are available through various dealers and financial institutions. BMW offers specific finance plans for their range of motorbikes, and other finance providers also offer tailored solutions.
BMW Motorrad offers in-house finance solutions for their range of motorbikes. This includes new and used models and typically features options such as Hire Purchase (HP) and Personal Contract Purchase (PCP).
Official BMW dealerships across the UK offer finance packages for BMW motorbikes. They can provide bespoke finance solutions based on your requirements.
Specialises in motorcycle finance and offers tailored packages for BMW motorbikes. They work with multiple lenders to find competitive rates.
If you prefer not to go through dealer-specific financing, you can consider personal loans from banks or credit unions. Lenders like Ratesetter and Zopa offer personal loans that can be used to finance a BMW motorbike.
You can see the similar FAQ at the link:
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Details of companies offering the financial services:
Absolute Motorcross
Head office’s address: Unit 1Meadows Rd, Cross Hands, Llanelli SA14 6RA
Contact center: +44 1269-844009
Web-site: https://absolutemotocross.co.uk/
AutoTrader
Head office’s address: 4th Floor 1 Tony Wilson Place Manchester M15 4FN
Phone: +44 345 111 0003
Web-site: https://www.autotrader.co.uk/
Biking Direct
Head office’s address: London
Contact center: 01343-548412
Web-site: https://www.bikingdirect.com/
Black Horse
Head office’s address: Black Horse Limited, St William House, Tresillian Terrace, Cardiff CF10 5BH
Contact center: 0344-824-8888
Web-site: https://www.blackhorse.co.uk/
BMW Motorrad UK
Head office’s address: Bedford Rd, Northampton, Northamptonshire
Web-site: https://www.bmw-motorrad.co.uk/
Cash Compare
Head office’s address: London
Web-site: https://www.cashcompare.co.uk/
CMC Motorcycles
Head office’s address: Derwent Buildings, High St, Clay Cross, Chesterfield S45 9DP
Contact center: +44 1246-860-046
Web-site: https://www.cmcbikes.com/
Colwin Motorcycles
Head office’s address: 25-29 Milton Rd, Sittingbourne ME10 3EX
Contact center: +44 1795-472512
Web-site: https://www.colwins.co.uk/
Completely Motorbikes
Head office’s address: 5 Armston Road, Quorn, Loughborough, LE12 8QP
Web-site: https://www.completelymotorbikes.co.uk/
CreditPlus
Head office’s address: London
Web-site: https://www.creditplus.co.uk/
Dick Lovett
Head office’s address: Vantage Point Cribbs Cswy, Bristol, Bristol, BS10 7TU, United Kingdom
Web-site: https://www.dicklovett.co.uk/
Direct Bikes
Head office’s address: 124 City Road London EC1V 2NX
Contact center: 0345-652-0680
Web-site: https://www.scooter.co.uk/
Doble Motorcycles
Head office’s address: 86-92 Brighton Rd, Coulsdon CR5 2NG
Contact center: 020-8668-8851
Web-site: https://www.doble.co.uk/
Evolution Money
Head office’s address: 9 Portland Street, Manchester
Contact center: 0161-814-9158
Web-site: https://enquiry.clarity-uk.com/
gateway2lease
Head office’s address: Marshall Management Services Ltd Carleton House, 266-268 Stratford Road, Solihull, West Midlands B90 3AD
Contact center: 01299-407-360
Web-site: https://www.gateway2lease.com/
Got Capital
Head office’s address: 131 Finsbury Pavement, London
Contact center: +44(0)203 7500096
Web-site: https://gotcapital.co.uk/
Halliwell Jones
Head office’s address: London
Web-site: https://www.halliwelljones.co.uk/
Hippo Leasing
Head office’s address: Trident Park, Trident Way, Blackburn BB1 3NU
Contact center: 01254-956666
Web-site: https://www.hippoleasing.co.uk/
Holeshot Motocross LTD
Head office’s address: Unit 1 & 2 Penton Building, Stephenson Rd, Salisbury SP2 7NP
Contact center: +44 1722-786251
Web-site: https://www.holeshotmotocross.co.uk/
Honda UK
Head office’s address: Cain Rd, Binfield, Bracknell RG12 1HL
Web-site: https://www.honda.co.uk/
LeaseCar (Central Contracts )
Head office’s address: Central House, Trentham Business Quarter, Bellringer Road, Stoke on Trent, Staffordshire
Contact center: 0344-745-1818
Web-site: https://leasecar.uk/
Leasing.com
Head office’s address: London
Web-site: https://leasing.com/
Leasing Options
Head office’s address: OPTIONS HOUSE, Atkin St, Walkden, Worsley, Manchester M28 3DG
Contact center: 0161 516 2430
Phone: +44 161-703-8744
Web-site: https://www.leasingoptions.co.uk/
Lind Group
Head office’s address: BROOK FARM, FIVE OAK GREEN ROAD, TONBRIDGE, KENT, TN11 0QN
Web-site: https://www.lind.co.uk/
Lings Motorcycles
Head office’s address: 55 Mendham Ln, Harleston IP20 9DW
Contact center: +44 1379-851090
Web-site: https://www.lings.com/
Marshall Motor
Head office’s address: Headway House Crosby Way, Farnham, England, GU9 7XG
Web-site: https://www.marshall.co.uk/
Moneybarn
Head office’s address: Athena House, Bedford Rd, Petersfield GU32 3LJ
Phone: +44 330-555-1230
Web-site: https://www.moneybarn.com/
Nationwide Vehicle Contracts
Head office’s address: London
Contact center: 0345-811-9595
Web-site: https://www.nationwidevehiclecontracts.co.uk/
Norton Finance
Head office’s address: Norton House, Mansfield Rd, Rotherham S60 2DR
Contact center: +44 800-694-5566
Web-site: https://www.nortonfinance.co.uk/
Norton Way Group
Head office’s address: 60-62 West Hill Road, Wandsworth, London, SW18 5HT
Web-site: https://www.nortonway.com/
Refused Car Finance
Head office’s address: Lakeside House, 30 Northumbrian Way, Newcastle upon Tyne NE12 6EH
Contact center: +44 191-718-0000
Web-site: https://www.refusedcarfinance.com/
Select Car Leasing
Head office’s address: Pacific House, Imperial Way, Reading RG2 0TD
Contact center: 0118-920-5130
Web-site: https://www.selectcarleasing.co.uk/
Superbike Factory
Head office’s address: Snape Rd, Macclesfield SK10 2NZ
Contact center: +44 1625-353-012
Web-site: https://superbikefactory.co.uk/
Suzuki UK
Head office’s address: St William House, Tresillian Terrace, Cardiff, CF10 5BH
Web-site: https://bikes.suzuki.co.uk/
Synergy
Head office’s address: 2A Hornbeam Park Oval, Hornbeam Park, Harrogate, North Yorkshire
Contact center: 0330-127-4711
Web-site: https://www.synergycarleasing.co.uk/
The Motorbike Financer
Head office’s address: Riverside, Mountbatten Way, Congleton, Cheshire, CW12 1DY
Contact center: 01625-324444
Web-site: https://www.themotorbikefinancer.co.uk/
What Car?
Head office’s address: London
Web-site: https://www.whatcar.com/
Wigan Yamaha Centre
Head office’s address: Wilcock St, Wigan WN3 4AR
Phone: +44 1942-491491
Web-site: https://www.wiganyamaha.co.uk/
Williams Group
Head office’s address: 2 Vincent Way, Raikes Lane, United Kingdom, BL3 2NB
Contact center: 0161-907-0340
Web-site: https://www.williamsgroup.co.uk/