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Motorcycle Finance

Motorcycle Loans

From learner-approved bikes to touring machines, sportbikes to cruisers, we finance every type of motorcycle. New and used bikes, scooters, and electric motorcycles all eligible. Skip the dealer finance and save.

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Motorcycle Loan Calculator

New and used bike finance

Loan amount$15,000
$3,000$80,000
Interest rate7.99% p.a.
6.00% p.a.15.00% p.a.
Loan term5 years
1 year7 years
Monthly repayment
$304.07
Total interest
$3,244
Total repayment
$18,244
Principal 82.2%Interest 17.8%
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Estimates only. Actual rate and repayment depend on your lender, loan structure and credit assessment.

Motorcycle Loans at a Glance
  • Finance all motorcycle types: sports, touring, cruiser, adventure, naked, scooter, and electric
  • Secured loans 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

Motorcycle Finance Options

Financing a motorcycle works similarly to financing a car, with a few key differences. Motorcycles typically have lower values, faster depreciation, and higher insurance risk, which affects the finance options available and the rates offered.

Bike TypeTypical Value RangeBest Finance OptionRate From
New Sport/Touring (Ducati, BMW, etc.)$15,000 - $50,000+Secured loan6.49%
New Commuter/Naked$5,000 - $15,000Secured or unsecured6.99%
New Scooter$3,000 - $10,000Unsecured (low value)8.99%
Used Bike (under 5 years)$5,000 - $25,000Secured loan7.49%
Used Bike (5-10 years)$3,000 - $15,000Unsecured recommended8.99%

Secured vs Unsecured for Motorcycles

The choice between secured and unsecured finance is particularly important for motorcycles because of their faster depreciation compared to cars. Here are the key considerations:

  • Secured loans offer lower rates (1-2% less) but the bike is used as collateral and must meet age/value requirements
  • Unsecured loans offer more flexibility, any bike, any age, and no repossession risk
  • For bikes under $5,000, unsecured is usually better as the admin costs of secured finance eat into the rate saving
  • For new bikes over $10,000, secured finance delivers meaningful savings
  • Consider gap insurance for secured loans on new bikes, as motorcycle depreciation is rapid in the first 1-2 years

Types of Bikes We Finance

We finance every category of two-wheeled and three-wheeled motorised transport:

  • Sport bikes, Yamaha R1, Kawasaki Ninja, Ducati Panigale, Honda CBR, Suzuki GSX-R
  • Touring, BMW R 1250 GS, Honda Gold Wing, Harley-Davidson Road Glide
  • Cruiser, Harley-Davidson, Indian, Yamaha Bolt, Honda Shadow
  • Adventure, BMW GS series, KTM Adventure, Triumph Tiger, Suzuki V-Strom
  • Naked/Standard, Yamaha MT series, Ducati Monster, Triumph Street Triple
  • Scooters, Vespa, Honda PCX, Yamaha NMAX
  • Electric motorcycles, Zero, Energica, LiveWire (green rate discounts may apply)

Application Process

1
Apply Online
Tell us what bike you want and your budget. Quick 5-minute application.
2
Find a Broker
Know your rate and budget before visiting dealers. Same-day pre-approval.
3
Choose Your Bike
Shop from dealers or private sellers with confidence. Negotiate on price alone.
4
Ride Away
Settlement and PPSR registration (if secured). Pick up your bike and hit the road.
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No asset security needed
No Deposit Car Loans
100% financing

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?
As at May 2026, secured motorcycle rates on the broker panel start from around 6.99% p.a. for new bikes with clean credit, with used-bike rates from around 7.49% p.a. Rates run roughly 0.50–1.00% above equivalent car loans because motorcycles depreciate faster and lenders price the higher write-off risk. Unsecured motorcycle loans start from around 8.99% p.a. Major banks tend to be conservative on bikes; specialist motorcycle financiers often beat them on like-for-like applications.
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.
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From learner bikes to touring machines. Competitive rates

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