Motorbike Finance Broker
Ride away on motorbike finance that actually fits your budget, licence and riding plans in Australia. As a motorbike and motorcycle finance broker, we compare loans across banks and specialist asset finance lenders, explain secured vs unsecured motorbike loans in plain English and run a rate challenge so you can see exactly what you’re getting before you sign.
Last updated: 26 November 2025 · General information only, not personal advice. Indicative only; final pricing requires a full application and lender approval.
We compare 35+ lenders for motorbike finance
Updated twice weekly (Wed AM & Fri PM)Pricing for motorbike finance in Australia varies by income type, credit history, bike age and use, LVR and whether the loan is secured against the motorbike or unsecured. We’ll show options from major banks and specialist lenders, then help you pick a path that suits your riding plans and repayments.
Why use a motorbike finance broker in Australia?
A new bike should feel exciting, not stressful. As a motorbike finance broker, we’re not tied to one lender. We compare a panel of banks and non-banks, explain how the fine print works and run a rate challenge so you can see exactly how your repayments stack up before you commit.
We look at more than just the interest rate. Bike age limits, maximum kilometres, residual rules, fees for early payout and insurance requirements all change the true cost of a motorbike loan. We break this down in plain English and structure the loan around how you’ll actually use the bike — daily commute, weekend rides, touring or business use.
If you’re buying through a dealer, we’ll compare their in-house motorcycle finance against independent options. If you’re buying privately, we’ll guide you through checks on ownership, finance owing and condition so you’re not taking on someone else’s problem. Either way, you stay in control while we handle the paperwork, bank conversations and settlement timing.
Types of motorbike finance
Secured motorbike loan. The bike is used as security for the loan. This often gives sharper rates and longer terms, but the lender will have rules about age, kilometres and modifications. Good if you’re buying from a dealer or a late-model bike in good condition.
Unsecured personal loan. No security over the bike. Useful if the bike is older, heavily modified or you want more flexibility around upgrades and sale. Rates can be higher and terms shorter, so we’ll show side-by-side comparisons so you’re not caught out.
Business / asset finance. For ABN holders using the bike for work, we can look at asset finance options so repayments line up with income and business deductions (seek tax advice). Depending on the lender and your paperwork, that might mean full-doc using financials or in some cases streamlined “alt-doc” style options using BAS or bank statements. This is similar to other equipment and asset finance we arrange.
Compare options side-by-side
When we run your quotes, you’ll see the key differences laid out clearly. That includes rate, fees, total interest, break costs and ownership rules if you want to upgrade or sell early. A slightly lower rate isn’t always the best choice if the fees, term or restrictions don’t suit how you ride.
| Feature | Secured motorbike loan | Unsecured personal loan | Business / asset finance |
|---|---|---|---|
| Security | Bike used as collateral | No security over the bike | Bike used as business asset security |
| Typical rate | Often sharper if bike meets age/condition rules | Usually higher but more flexible on bike type | Depends on business strength and documentation |
| Best for | New or near-new bikes from dealers or strong private sales | Older or modified bikes, quick top-ups or debt consolidation | ABN riders using the bike heavily for work |
| Ownership | You own the bike; lender has a registered interest | You own the bike outright | Business owns or uses the bike under asset finance |
| Things to watch | Age limits, early payout fees, compulsory insurance | Higher rates, shorter terms, total interest cost | Business docs, GST and deduction settings (seek advice) |
Used bikes, LAMS and private sales
Many of our enquiries are for used bikes and learner-approved (LAMS) models. Lenders all treat these differently. Some cap age and kilometres; others don’t like heavily modified or track-only bikes. We’ll shortlist lenders that actually suit the bike you’re buying so you don’t waste time on applications that were never going to fit.
For private sales, we’ll step you through ownership checks, finance owing searches and the paperwork needed so funds are only released once everything lines up. That helps protect both you and the seller and makes the handover much smoother.
What we need (docs)
For personal riders: ID, income details (payslips or bank statements), current debts and a summary of your living costs. For the bike itself, we’ll need the ad or quote, VIN, registration status and agreed price. If you’ve had credit issues, we’ll talk through what’s on file and which lenders are realistic.
For ABN riders: ID, ABN details, basic financials or BAS, and how the bike will be used in the business. We’ll keep the paperwork as light as possible while still meeting lender policies, and explain when asset finance might be a better fit than a straight personal loan.
Rates, deposits & terms — what really moves the numbers
Lenders look at your credit history, income stability, existing debts, the bike you’re buying and how much skin you have in the game. A larger deposit, shorter term or cheaper bike can all improve pricing and approval odds. We’ll show you “what if” scenarios — what happens if you put in a bit more deposit, pay the bike off sooner or buy a slightly cheaper model — before you decide.
We can also help you avoid common traps such as very long terms that look cheap now but cost a lot more over time, or balloon payments that don’t match realistic resale values. You’ll see the monthly and total cost figures before you choose a path.
Useful tools & guides
Equipment & Asset Finance Guide
Understand how asset finance works in Australia — including when a bike can be treated as a business asset.
Asset & Equipment Finance Calculator
Estimate repayments by term and loan size. Great for checking what a bike might cost each month before you shop.
Refinance Rate Review Calculator
See whether a sharper home loan rate could free up room in the budget for the bike you want.
What riders say
Motorbike finance FAQs
Do I need a deposit for a motorbike loan?
Some Australian lenders will do zero-deposit motorbike loans if your profile is strong, but a deposit usually helps with approval and pricing. A bigger contribution can reduce your repayments and total interest. When we run your options, we’ll show you the difference in cost with different deposit levels so you can decide what works for your budget.
Can I get finance for a used or private-sale motorbike?
Yes. Many motorbike finance applications in Australia are for used bikes and private sales. Lenders usually want extra checks such as ID, ownership, finance-owing searches and basic condition. We coordinate these checks and manage the paperwork so funds are only released once everything lines up for you and the seller.
What if I’ve had late payments or defaults?
It may still be possible to get motorbike finance if you’ve had late payments or defaults, especially if issues are older or already resolved. The key is to match your situation to lenders whose credit policies are realistic. We’ll talk through what’s on your file, explain the likely options and help you avoid unnecessary enquiries with lenders that were never going to fit.
Can I finance a modified or learner-approved (LAMS) bike?
Every lender has different rules for modifications, LAMS models and bike age or kilometres. Some are comfortable with tasteful mods; others are stricter. We’ll ask about the exact motorbike, year, kilometres and changes, then shortlist lenders that are more likely to accept that bike rather than guessing.
Can I buy a motorbike through my business or ABN?
If the bike is genuinely used for work in Australia, there may be options under business or asset finance. This can change how repayments, GST and deductions work, so it’s important to get advice from your accountant. We’ll map out personal versus business structures, explain the trade-offs and line the application up with the documentation you can provide.
How long does motorbike finance approval usually take?
Simple personal motorbike loans can be approved quite quickly once we have your documents and the bike details. More complex files, self-employed income or business and asset finance can take longer, especially if extra checks are needed. Before you pay a holding deposit or lock in delivery, we’ll give you a realistic timeline based on the lender we are using.
Can I pay the loan out early or upgrade bikes?
Most Australian motorbike lenders allow early payout, but fees and interest calculations vary. Before you sign, we’ll explain how early payout works with each option, including any fees and how interest is calculated, and we’ll try to favour lenders whose rules suit your expected upgrade plans so you have more flexibility later.
What’s the fastest way to start a motorbike finance application?
The quickest way to start is to call us or submit the online form with a rough bike budget, how you’ll use it, and your income details. We’ll run through a short set of questions, give you an outline of likely options and send a simple document checklist so you know exactly what we need to move to approval.
Visit or book a call
Rate Challenge – Mortgage & Finance Brokers
U 63/17 Armstrong St S, Ballarat Central VIC 3350
Suite 334/585 Little Collins Street, Melbourne VIC 3000
- ✓ Open Mon–Fri 9–5 (after-hours by appointment). Video meetings Australia-wide.
- ✓ Motorbike, car, equipment, home and business lending options in one place.
- ✓ Australia-wide support with lenders that understand riders and small business.
- ✓ Email: admin@ratechallenge.com.au
General information only; does not take your personal objectives, financial situation or needs into account. Indicative only; final pricing requires a full application and lender approval.
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