Motorcycle Loans

Yes, you may be able to refinance an existing motorcyle loan to a new NOW Finance loan to better suit your current financial situation. Refinancing involves replacing your existing motorcycle loan with a new one, which could offer lower interest rates, different repayment terms, or the option to access additional funds. You might consider refinancing if your credit score has improved, your income has increased, or market interest rates have dropped. Please note that refinancing involves a new credit assessment and credit check, and eligibility depends on your existing loan balance and our lending criteria. Make sure to review your personal circumstances and the loan terms to ensure refinancing is suitable for you.

With NOW Finance, you can borrow between $3,000 and $60,000 for a motorcycle loan. The amount you’re approved for depends on factors such as your income, credit history, and the motorcycle you’re purchasing. We provide flexible loan options for both new and used bikes, with repayment plans tailored to your budget and financial goals.

Yes. Unless you are choosing our unsecured Personal Loan option, your loan is secured by the motorcycle you are purchasing, we require it to be comprehensively insured for the duration of your loan. Having comprehensive insurance on your motorcycle helps protect you and reduce financial risk if it’s damaged, stolen, or written off. At NOW Finance, insurance isn’t included in the loan, so you’ll need to arrange it separately through your preferred insurer.

Yes, you can get a motorcycle loan for a second-hand or used motorcycle. Loan terms may vary depending on the motorcycle’s age, condition, and value, as we’ll assess these factors when determining eligibility. A used motorcycle loan works the same way as a new motorcycle loan, you borrow a set amount with a fixed interest rate and make regular repayments until the loan is fully repaid.

NOW Finance offers motorcycle loan amounts from $3,000 to $60,000 for almost any type of motorcycle. There are some restrictions on the value and age of the motorcycle that we can offer a loan for. If you’re unsure if we can offer a motorcycle loan for the type of motorcycle you’re looking to purchase, get in touch with our customer service team who can assist you with finding an option that may suit.

With NOW Finance, you typically don’t need a deposit to get a motorcyle loan. You can borrow the full amount needed to purchase your new or used motorcyle, depending on your income, credit history, and overall financial situation. However, making a deposit can reduce the total amount borrowed, lower your repayments, and help you pay off the loan sooner.

A motorcycle loan from NOW Finance is designed to help you purchase a new or used motorcycle without paying the full cost upfront. You borrow a set amount and repay it through fixed monthly instalments over a chosen term, which includes the interest rate and any applicable fees. With a motorcycle loan, you could get your motorcycle sooner while spreading the cost over time. NOW Finance offers motorcycle loan amounts from $3,000 to $60,000, flexible repayment terms and no ongoing fees, making it easier to find an option that suits your budget.