Motorbike finance calculator
Representative xx.x% APR
Looking for motorbike finance? Use our quick calculator to help you work out
your monthly payments.
Calculate monthly motorbike finance payments
Calculate monthly motorbike finance payments
Calculate monthly motorbike finance payments
The world of motorbike finance can be a confusing one – but we’re here to help simplify things. Use our motorbike finance calculator to help you decide whether motorbike finance could be a good option for you, without affecting your credit rating. The calculator will give you a good idea of what your monthly payments could look like based on how much you’re looking to borrow.
Don’t worry, you’re not committing to anything; this tool is simply a useful guide to help you figure out a budget that suits you best before you complete a full application for car finance.
The world of motorbike finance can be a confusing one – but we’re here to help simplify things. Use our motorbike finance calculator to help you decide whether motorbike finance could be a good option for you, without affecting your credit rating. The calculator will give you a good idea of what your monthly payments could look like based on how much you’re looking to borrow.
Don’t worry, you’re not committing to anything; this tool is simply a useful guide to help you figure out a budget that suits you best before you complete a full application for car finance.
The world of motorbike finance can be a confusing one – but we’re here to help simplify things. Use our motorbike finance calculator to help you decide whether motorbike finance could be a good option for you, without affecting your credit rating. The calculator will give you a good idea of what your monthly payments could look like based on how much you’re looking to borrow.
Don’t worry, you’re not committing to anything; this tool is simply a useful guide to help you figure out a budget that suits you best before you complete a full application for car finance.
Compare your motorhome finance options
Motorbike loans
A motorbike loan is a type of finance that allows buyers to buy a vehicle outright. The buyer borrows a lump sum of cash up front and then makes monthly payments over a set period (which will vary according to the agreement type).
A motorbike loan is a type of finance that allows buyers to buy a vehicle outright. The buyer borrows a lump sum of cash up front and then makes monthly payments over a set period (which will vary according to the agreement type).
A motorbike loan is a type of finance that allows buyers to buy a vehicle outright. The buyer borrows a lump sum of cash up front and then makes monthly payments over a set period (which will vary according to the agreement type).
Hire purchase
Hire purchase is an instalment payment plan with regular monthly payments that allows you to have use of the motorbike while you’re paying for it. You hire the motorbike for the duration of the agreement, while you’re paying for it, with the option to purchase it at the end.
Personal contract purchase
Personal contract purchase (PCP) is another popular type of vehicle finance. Rather than borrowing a loan equal to the total cost of the motorbike, as you do with HP, your PCP loan covers only the estimated reduction in value of the vehicle, plus any fees and interest charged for hiring.
Personal contract hire
Personal contract hire, also known as PCH, is essentially a form of long-term rental and is a popular way to 'lease' a motorbike. Typically, you pay an initial rental up front – often between 1-12 months – and agree to lease the motorbike for a set period. At the end of the agreement, you return the motorbike and settle any further charges (e.g. excess mileage and/or unreasonable wear and tear) that may apply.
What is the best motorbike financing option for you?
What is the best motorbike financing option for you?
What is the best motorbike financing option for you?
Personal Motorbike loan
Personal Motorbike loan
Personal Motorbike loan
Personal Contract Purchase
Personal Contract Purchase
Personal Contract Purchase
Hire purchase
Hire purchase
Hire purchase
Personal contract hire
Personal contract hire
Personal contract hire
Typical length of agreement:
Typical length of agreement:
Typical length of agreement:
Usually 1-7 years
Usually 1-7 years
Usually 1-7 years
Usually 1-5 years
Usually 1-5 years
Usually 1-5 years
Usually 1-5 years
Usually 1-5 years
Usually 1-5 years
Usually 1-4 years
Usually 1-4 years
Usually 1-4 years
Initial deposit required?
Initial deposit required?
Initial deposit required?
No
No
No
Usually but not always
Usually but not always
Usually but not always
Usually but not always
Usually but not always
Usually but not always
Usually but not always
Usually but not always
Who owns the car?
Who owns the car?
Who owns the car?
You, although you will still need to repay the debt
You, although you will still need to repay the debt
You, although you will still need to repay the debt
The lender or finance company unless an optional final balloon payment is made
The lender or finance company unless an optional final balloon payment is made
The lender or finance company unless an optional final balloon payment is made
The lender or finance company until final repayment plus option-to-purchase fee is made
The lender or finance company until final repayment plus option-to-purchase fee is made
The lender or finance company until final repayment plus option-to-purchase fee is made
The lender or finance company, always
The lender or finance company, always
The lender or finance company, always
Mileage restrictions
Mileage restrictions
Mileage restrictions
No
No
No
Yes
Yes
Yes
Sometimes
Sometimes
Sometimes
Yes
Yes
Yes
Motorbike finance thats actually simple
Motorbike finance thats actually simple
Motorbike finance thats actually simple
Fast application - money
in your account next
working day
Your motorbike, your rules, its yours from day one.
Shop online or
in a dealership
Excellent rated,
dedicated UK team.
Rates from 10.9% APR, representative 14.9%
Representative Example: Borrowing £10,000 over 60 months with a fixed interest rate of 14.7% per annum and a representative APR of 14.9%, your monthly repayment would be £232.53. The first payment would be £282.53, which includes a £50 opening fee. The total cost of credit would be £3,900.00, making the total amount payable £13,900.00. The representative APR includes all interest and fees.
Our ‘representative APR' means at least 51% of our customers are offered this rate. It’s a good way to compare lenders. Remember your rate will depend on lots of things like your credit score, so it might be higher or lower than this.
Rates from 10.9% APR with an APR 14.9%
Representative Example: Borrowing £10,000 over 60 months with a fixed interest rate of 14.7% per annum and a representative APR of 14.9%, your monthly repayment would be £232.53. The first payment would be £282.53, which includes a £50 opening fee. The total cost of credit would be £3,900.00, making the total amount payable £13,900.00. The representative APR includes all interest and fees.
Our ‘representative APR' means at least 51% of our customers are offered this rate. It’s a good way to compare lenders. Remember your rate will depend on lots of things like your credit score, so it might be higher or lower than this.
Rates from 10.9% APR with an APR 14.9%
Representative Example: Borrowing £10,000 over 60 months with a fixed interest rate of 14.7% per annum and a representative APR of 14.9%, your monthly repayment would be £232.53. The first payment would be £282.53, which includes a £50 opening fee. The total cost of credit would be £3,900.00, making the total amount payable £13,900.00. The representative APR includes all interest and fees.
Our ‘representative APR' means at least 51% of our customers are offered this rate. It’s a good way to compare lenders. Remember your rate will depend on lots of things like your credit score, so it might be higher or lower than this.
FAQs
FAQs
Can I buy a used motorbike on finance?
Yes! With an unsecured personal loan, you can choose a new or used bike from just about anywhere.
Can I buy a used motorbike on finance?
Yes! With an unsecured personal loan, you can choose a new or used bike from just about anywhere.
Can I buy a used motorbike on finance?
Yes! With an unsecured personal loan, you can choose a new or used bike from just about anywhere.
What credit score do you need to finance a motorbike?
There’s no such thing as a minimum credit score that will guarantee you credit. But it’s certainly true that the better your credit score, the better your chances of being approved for a loan.
What credit score do you need to finance a motorbike?
There’s no such thing as a minimum credit score that will guarantee you credit. But it’s certainly true that the better your credit score, the better your chances of being approved for a loan.
What credit score do you need to finance a motorbike?
There’s no such thing as a minimum credit score that will guarantee you credit. But it’s certainly true that the better your credit score, the better your chances of being approved for a loan.
Do I need a deposit for motorbike finance?
No deposit needed! With an unsecured personal loan, you can finance your motorbike without putting down a deposit.
Do I need a deposit for motorbike finance?
No deposit needed! With an unsecured personal loan, you can finance your motorbike without putting down a deposit.
Do I need a deposit for motorbike finance?
No deposit needed! With an unsecured personal loan, you can finance your motorbike without putting down a deposit.
Is motorbike finance different from car finance?
Motorbike finance is quite similar to car finance, but we understand the specific needs of riders and tailor our services to make the process as smooth as possible.
Is motorbike finance different from car finance?
Motorbike finance is quite similar to car finance, but we understand the specific needs of riders and tailor our services to make the process as smooth as possible.
Is motorbike finance different from car finance?
Motorbike finance is quite similar to car finance, but we understand the specific needs of riders and tailor our services to make the process as smooth as possible.
Read next
Read next
Motorbike finance
Motorbike finance
Looking for motorbike finance? Get a quick, personalised quote in minutes without any impact on your credit score with Oodle Car Finance.
Looking for motorbike finance? Get a quick, personalised quote in minutes without any impact on your credit score with Oodle Car Finance.
Is it hard to get vehicle finance?
Is it hard to get vehicle finance?
Ever wondered about car finance but worry that it is hard to get? We’ve got you covered.
Ever wondered about car finance but worry that it is hard to get? We’ve got you covered.
What checks are done for finance approval?
What checks are done for finance approval?
When you apply for finance, the finance company will run some checks.
When you apply for finance, the finance company will run some checks.
NEWS Aug 2024: FCA announcement on discretionary commission arrangements (DCAs)
Oodle customers are not impacted