Motorcycle Loans Adelaide Residents Can Apply For To Buy Motorbikes.
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.
Apply For Motorcycle Loans Online
Every customer would like to be approved for a motorcycle loan in Adelaide with the least amount of effort.
We can help with that!
Once we have received your details, we will check your credit file and give you a call to discuss your options.