Motorcycle Loans For New & Used Motorcycles.
Houston Finance can arrange secured motorcycle loans and unsecured motorcycle loans for Adelaide residents looking at purchasing new or used motorcycles.
Secured Motorcycle Loans
Most motorcycle loans Adelaide people apply for are secured motorcycle loans, which means that the lender will take the motorcycle as security over the performance of the loan.
Secured Motorcycle Loan Features
- Secured motorcycle loans are available with repayments paid over a period of up to 60 months (5 years).
- Repayments can be paid monthly, fortnightly or weekly with a choice of payment methods convenient to you.
- The first years premium for comprehensive motorcycle insurance; which is required by law, extended motorcycle warranty and loan protection premiums can be added to the loan.
- Secured motorcycle loans have a fixed interest rate; interest is calculated on the unpaid balance daily. You are able to make extra payments, reducing the loan term and overall cost of the loan.
- No deposit motorcycle loans are possible, although often adding a deposit strengthens the motorcycle loan application.
Unsecured Motorcycle Loans
Most unsecured motorcycle loans are for used motorcycles that are older than 10 years old, or for rare motorcycles bought by motorcycle enthusiasts. If you’re looking at an unsecured motorcycle loan, because there is less security for the lender, your credit file will need to show a good credit history, with no defaults.
Unsecured Motorcycle Loan Features
- Unsecured motorcycle loans are available with repayments paid over a period of up to 84 months (7 years).
- Repayments can be paid monthly, fortnightly or weekly with a choice of payment methods convenient to you.
- The first years premium for motorcycle insurance, extended warranty and loan protection premiums can be added to the loan.
- Unsecured motorcycle loans have a fixed interest rate; interest is calculated on the unpaid balance daily. You are able to make extra payments, reducing the loan term and overall cost of the loan.
- No deposit motorcycle loans up to $40,000 are possible, although adding a deposit reduces the amount borrowed, lowering your repayments.
2 ways to Apply For Motorcycle Loans
Fast Way
The fastest way to get an answer for finance is to complete our easy application form online. You even have the ability to attach files from your computer.
Easy Way
The easy way to apply for finance is to request a call back. Leave some details and we’ll call you back to complete the loan application over the phone.