Motorcycle Finance
Motorcycle Loans from 6.49% p.a.
Comparison rate 7.35% p.a.* on a $15,000 secured motorcycle loan over 5 years.
Motorcycle Loan Calculator
New and used bike finance
Loan Amount
$15,000
$3,000$80,000
Interest Rate (p.a.)
7.99%
6.00%15.00%
Loan Term
5 years
1 years 7 years
Monthly Payment
$304.07
Total Interest
$3,244
Total Repayment
$18,244
Principal (82.2%)Interest (17.8%)
Principal: $15,000
Interest: $3,244
This calculator provides estimates only. Actual rates and repayments may vary based on your circumstances and lender requirements.
Motorcycle Loans at a Glance
- Finance all motorcycle types: sports, touring, cruiser, adventure, naked, scooter, and electric
- Secured loans from 6.49% p.a. for new bikes, unsecured options available for older or lower-value bikes
- Loan amounts from $3,000 to $80,000+ for prestige and touring motorcycles
- Used bike finance for motorcycles up to 7-10 years old with select lenders
- No deposit options available for new motorcycles with good credit
WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees, or other loan amounts might result in a different comparison rate. Comparison rates are based on a secured loan of $30,000 over 5 years for vehicle finance and $50,000 over 5 years for equipment finance, as required under the National Credit Code.
Motorcycle Loan FAQs
Can I get a loan specifically for a motorcycle?
Yes, motorcycle loans are a standard product offered by many lenders on our panel. They work the same way as car loans — you can get a secured loan (bike as security) or unsecured personal loan. Some lenders have motorcycle-specific products, while others treat them under their general vehicle finance category. Minimum loan amounts are typically $3,000-$5,000.
What interest rates can I expect for a motorcycle loan?
Motorcycle loan rates typically start from 6.49% p.a. for secured loans on new bikes with good credit. Used motorcycle rates start from around 7.49% p.a. Rates are generally slightly higher than car loans because motorcycles depreciate faster and carry higher insurance risk. Unsecured motorcycle loans start from around 8.99% p.a.
Can I finance a used motorcycle?
Yes, used motorcycles can be financed through secured or unsecured loans. For secured finance, most lenders accept bikes up to 7-10 years old at the end of the loan term. Older bikes, vintage motorcycles, or low-value bikes under $5,000 may need unsecured finance. Our brokers find the best option for the specific bike you want.
Do I need a deposit for a motorcycle loan?
Not necessarily. Some lenders offer 100% financing for new motorcycles with good credit. For used bikes, a deposit of 10-20% can help you get a better rate. Higher-value bikes (over $20,000) are generally easier to finance without a deposit than cheaper ones.
Can I finance motorcycle gear and accessories?
Some lenders allow you to include the cost of essential riding gear (helmet, jacket, boots, gloves) and accessories in the loan, particularly for new bike purchases. This is more commonly available from motorcycle dealer finance, but our brokers can also find lenders who accommodate this.
Get Your Motorcycle Financed
From learner bikes to touring machines. Competitive rates from 6.49% p.a.