Category Archives: Bike Loans

2022 Trends Shaping the Motorbike Industry Bike Loans

Trends that Make “Now” the Best Time to Buy a Motorbike

There are many advantages of owning a motorbike rather than a car, especially if you live in an urban centre. With a car, you’ll have to spend more time in traffic, not to mention the higher maintenance costs of motorcar ownership. On the flip side, a motorbike enables you to easily maneuver through heavy traffic, providing quicker access to your destination. Besides, we are in 2022, an age when motorcycle trends make motorcycle ownership pretty viable. 

2022 Trends Shaping the Motorbike Industry

The motorcycle industry has undergone tremendous changes over the years, thanks to technological advancements. Today, it’s not uncommon to find electric motorcycles, making fuel-powered options gradually trail off in dim memory. Motorbikes were quite expensive when they first hit the market. However, increased competition in the industry has made them more affordable. If you’re still sceptical about investing in a motorbike today, here are some 2022 motorcycle trends to nudge you on. 

Electric bikes

With increasing concerns about fossil-fuel-induced climate change, more and more companies are making electric motorbikes. Improved battery technology has reduced charging durations and extended battery life. There are many E-bike options today, and it’s easy to find a user-friendly and affordable bike at a highly competitive price. 

E-bikes contribute to the green initiative. They also come in sleek designs with advanced technology and safety features. Although it will take years before traditional petrol-powered options are phased out, E-bikes will significantly impact the industry in the coming years.

Liquid-cooled Motorbikes

Riding under the scorching summer sun can significantly heat your motorcycle engine, but that’s a challenge that liquid-cooling technology solves. Liquid-cooled motorbikes alleviate the heat, ensuring extended engine lifespan, fuel efficiency, reduced engine noise, and enhanced ride quality and comfort. 

Revved-Up Stability and Control

Improved safety and control features, such as Motorcycle Stability Control (MSC), side view assist, and Anti-lock Braking Systems (ABS), have become commonplace in the motorcycle industry in 2022. Inclement weather, such as heavy rains and snow in the southern states, can make it challenging for motorcyclists to control their bikes. With the new stability and control features, they can brake on an instance or make abrupt evasions without causing an accident. 

Signals and Light Functions

Unfortunately, motorcyclists have been more likely to get into accidents because other drivers can barely spot them. In fact, Statista found out that there were 229 motorcycle fatalities in Australia in the year ending 30 April 2021. So while motorcyclists wear reflectors to make them more visible, these accidents still occur. See our article on tips to stay safe on your Motorbike.

However, new technologies to enhance safety are rapidly encroaching on the industry. For example, bikes today feature LED illumination that adds to bike aesthetics and ensures safety on the road. In addition, the lights can be synchronized to a smartphone, making traffic signals and even adjusting the intensity using a mobile app. 

Purchasing a New Motorcycle vs. a Used Motorcycle

If you’re planning to invest in a motorbike, you can purchase a new one or a used one. Dealers have both new and certified used motorbikes, but risks are involved if you decide to buy a second-hand motorcycle from a private seller. 

Reliability and Longevity Considerations

Purchasing a new bike has many upsides. It’s more reliable and has zero mileage. The fact that you’re the first owner makes it more valuable. It also means you get a warranty that you can claim if you notice any quality or craftsmanship issues with the bike. However, it is critical to understand that a new motorbike will be costlier. That’s why you must be picky about the dealer you approach. If possible, do your homework, compare prices, and find out what other people say about particular dealers. 

A used motorcycle is cheaper because it has stacked up miles on the road. But the previous owner must have strong reasons to want to sell it. The chances are that it might have some underlying issues, and thus, it might require maintenance and repairs. That’s not to say that purchasing a used bike is a bad option, but it would be best to weigh its reliability, overall conditions, and features to ensure it fits the bill and suits your needs. 

Financing a Motorbike

Although financing a motorcycle may be different from a car, there are similarities in the most critical aspects. The bottom line is that whether you’re buying a car or a motorbike, you’re basically financing a means to make getting around more convenient. 

A lender will typically check your credit score. If you have a bad credit score, you might want to improve it before approaching a lender for a loan. You can improve your credit score by:

  • Paying off your credit card debt
  • Reducing your credit utilisation
  • Limiting your requests for new credit
  • Consolidating your debts.  

Lenders will see you as a risk when you have bad credit, forcing you to settle for a more expensive loan.

Where to Get Motorcycle Loans?

Ezilend of course! Choosing a finance broker can help you get the best possible deal from a range of lenders.

Partner with Elizend and Secure a Loan Hassle-Free

Are you looking for a loan to purchase a motorcycle or any other product or equipment you need? Ezilend provides tailored loan processes with support from seasoned loan consultants backed by an extensive network of lenders in Australia. Therefore, you can expect the lowest rates in the country. Contact us today to speak with a loan expert and get started on your loan application process.

Buying Your First Motorcycle: A Beginner’s Guide

Thousands of motorcycles are sold each year in Australia, with off-road motorcycles being the most popular type. Aussies like the excitement and unrivalled independence that only a two-wheeler can provide.

Whether you’re seeking adventure or something to get you from one point to another, purchasing your first motorbike is a big choice. You will never forget your first motorbike. One day, you’ll tell your friends about it at parties.

You can choose which bike is appropriate for you by matching your needs with the make and model.

Here Are Things to Consider Before Purchasing Your First Motorcycle:


Should I buy a new or used motorcycle? Most people want to get a new bike for their first bike, which is absolutely understandable. A new motorbike ensures dependability, cutting-edge technology, and outstanding performance. However, when it comes to purchasing a new motorbike, you have a lot of alternatives.

On the other hand, a second-hand bike isn’t a terrible option. It may be a decent option if you are new to driving. Furthermore, a used motorbike is less expensive and provides fantastic value.

There are several tradeoffs with both new and old motorcycles. First, you need to decide which one is best for you and helps you the most. Here are tips for buying a second-hand motorcycle.


Motorcycles come in a variety of shapes and sizes in Australia. One of the things to consider before purchasing your first motorbike is what kind you require. Each type of motorbike is best suited for a unique purpose and road conditions. Therefore, you must select one depending on your riding goals.

Do you want to travel to the outback, cross some rivers, and tackle the sand dunes? Then a nice dirt bike is just what you’re looking for. Off-road riding on a dual-sport motorcycle is also a fantastic option. It provides more racing abilities. On the other hand, a sports bike makes more sense if you want something quicker, more powerful, and more appropriate for road racing.
Other bikes include touring and cruiser bikes, suitable for long travels. Finally, the Café Racer is an old-school lightweight motorbike for riding in an urban setting.


After you’ve decided on the sort of motorbike you want, go to a dealership and look at the various types and models. An essential thing to remember while looking for a motorcycle is to acquire a feel for it. Inquire with the dealer about the possibility of taking a test drive.

Size, weight, and seating posture should also be checked. The ideal motorcycle for you will be tall enough to stand with your feet flat on the ground. It should be something you can readily handle in terms of weight. If you run out of fuel along the route, the motorbike should be light enough to be pushed to a nearby gas station.

Further, specific motorbikes, particularly sport bikes, feature seats that allow you to lean forward. While this is wonderful for quick rides, it causes pressure on your back while driving for lengthy periods. If you’re comfortable with it, you should go for it. If not, choosing a motorbike that allows you to sit upright is the safest option. The standard or naked bike is an excellent illustration of this.


Another factor to consider is your ability. Don’t settle for a too fast and strong bike for you as a novice rider. For the time being, stay in your lane.

Until you have honed your abilities and become a more skilled rider, riding a motorcycle with a 500cc engine or less is preferable. It will assist you in learning rapidly and reducing the likelihood of unintentional incidents. In addition, you may quickly trade in your bike for a high-performance variation whenever you’re ready to accelerate on the road.


For all road users, including motorcyclists, safety must always be a top concern. As a result, before purchasing your first motorbike, you should consider a motorcycle training course. This course is designed to make you and other drivers on the road safer.

No matter what sort of motorbike you pick, a refresher course will polish your abilities and keep you safe.


Motorcycle insurance is required in addition to the motorcycle itself. It is necessary for most Australian states and territories, so think about it before purchasing your first motorbike.

The sort of coverage to choose is one item to consider when it comes to motorcycle insurance. Liability insurance is the most basic type of insurance. In the case of an accident, it safeguards both you and your machine. It also covers personal harm and property damage caused by your negligence in an accident.


When you include the cost of insurance, clothing, stamp duty, and fuel, your purchase might have a long-term financial impact. As a result, you should not make an impulsive purchase; otherwise, you will find yourself in a financial bind.

Before you buy your first motorbike, you should consider your budget. This will help you determine your options and select the best motorcycle for your budget.


A motorbike is a significant investment that typically necessitates taking out a loan. A pre-approval loan allows you to acquire financing for your motorbike before you hit the dealer, allowing you to drive a better deal. Ezilend provides you with negotiating strength and confidence.

Obtaining financing for your bike should be an exciting experience. It should be devoid of intimidating processes and loan jargon. Instead, it ought to be all about you.

Our goal is to make our loan procedures more personal, whether you’re a first-time borrower or a seasoned borrower. With our short application form, you will get a pre-approved loan quickly. We can also provide you with customised motorbike loan rates to suit your budget. Get a pre-approved loan for your first motorcycle by contacting us or calling Ezilend at 1300 850 447.

Why Should I Finance a Used Motorbike?

Buying a brand-new motorbike is a big step, especially if you’re a first-timer. Financing a pre-owned vehicle might be the better option. Here are a few things to consider when asking yourself why should I finance a used motorbike.

Tips for Purchasing a Used Motorbike

Take time to prepare by putting in your due diligence. The steps you should follow are:

1. Check your credit

See where your creditworthiness stands. By knowing what your credit history looks like and getting pre-approval you will know the maximum amount you can borrow, what the repayments will be and the applicable interest rates – if your credit rating is good you will qualify for better loan conditions.

2. Calculate your budget

Review your income and establish how much you can realistically turn over to a loan every month. Take into account registration, insurance, and potential maintenance expenses as part of your budget analysis.

3. Check out pricing

Compare prices to get an idea of the bike you can afford versus your idea of a dream ride.

4. Test drive

You have to test drive as many models as you can stand. Drive on various road conditions where-ever possible. This is a crucial step for the first-timer.

5. Get the bike checked

Never buy a bike on seller boasting. Get your own inspection performed. You never know what a life saver this process can be!

6. Get accident and maintenance records

Having the history of the motorbike will provide insight into what to expect from the vehicle. You need these records even if you have to pay for them.

7. Negotiate

Approaching a lender, be ready to talk about the best loan terms and purchase price. Get a solid upfront deal to make loan repayments affordable.

Financing: Pros & Cons

If you aren’t in a position to pay for a motorbike up front, you don’t have to put off your dream. Financing is a great way to get out on the road sooner. But this option may not be for everyone. Here is some information for deciding if financing is right for you.


  • Pre-owned motorbikes will depreciate slower than a brand-new ride. New vehicles loose value as soon as they are driven off the lot and the depreciation drops rapidly over the first few years. The owner of a new vehicle ends up paying more for the loan than the vehicle ends up being worth.
  • Despite the previous point, motorcycles still retain greater value than other vehicles. A rare or well-maintained vehicle can go up value.
  • Your motorbike financing gives you access to transportation. If you don’t have time to save and need to secure transport for, say, commuting to work, financing is the way to achieve your goal. It allows you to get a bike now and pay back over some time.
  • Having a loan and repaying it responsibly builds your credit. A positive payment history turns into a respected credit profile, boosting your creditworthiness and makes you eligible for better credit opportunities.


  • Carefully examine financing terms. Interest and fees can be costly.
  • In some circumstances, Annual Percentage Rates may be higher for pre-owned than new motorbikes.
  • If you have difficulty repaying the loan, you hurt your credit or risk losing the bike, particularly if you do not contact your lender and discuss your options, openly and honestly.


Be practical. Financing a pre-owned motorbike shouldn’t put you in unnecessary debt, especially if this is your first ride. Temptation is always going to lead you to that shiny beauty, but you want to keep the purchase smart. Follow the tips here, find a solid lender, and you’ll do just that.

Five tips for buying a second-hand motorcycle

Are you looking to get a motorbike? Here we share a few tips to help get you on the right track when looking at second-hand bikes.

Five tips for buying a second-hand motorcycle

1. Research First

Before any major purchase decision, you should always research what you are buying and how it matches your needs. Whether a car, boat, caravan or motorbike, the choices are endless, and so is the availability of information.

But what are you looking for when doing your research on a second-hand motorbike before purchase? You need to decide what type of bike you are looking for – a road bike or dirt bike – or a something can be both on-road and off-road. Is the motorcycle being used for work or pleasure? Consider where you live and what would constitute average use for your motorbike given your circumstances and riding ability.

Once you narrow down what you are interested in, you need to discover the various models available. Check out the forums to see what people enjoy about the various bikes you are interested in getting and where they have experienced issues. It is handy to learn what could go wrong with it and whether the manufacturer has issued any recalls or safety notices.

Investigate replacement parts – both availability and cost along with service costs, so you know what the ongoing investment will be to maintain the bike.

2. Investigate the bike history and review the online photos

Once you have decided to check out some bikes from online sales websites, gather the details of the bikes you are very interested in and put the information into . You can check if there is any finance attached to the bike, or if it has been stolen or written off.

Once you are satisfied that the bike is legitimate, have a good look a the photos to make sure everything looks in good working order. If you notice any damage in the images or broken parts have been mentioned in the advertisement – investigate what it would cost to repair. You are then in an excellent position to decide if the asking price is reasonable or if you have some negotiating room.

3. The second-hand bike inspection

When you have decided things are lining up nicely and it is time to inspect and test ride the bike, ask the seller not to start the motorbike before you arrive. When you start the bike from cold, if there are any tell-tale signs of engine trouble, you should be able to hear this from the very get-go.

Inspect the bike’s alignment, the sprockets and forks’ condition, and the tyres’ grip. Ask the seller when the bike was last ridden. If the bike has been in storage for some time – tyres and the engine may exhibit signs of deterioration. For example, if the tyres are worn or cracked and require replacement, you could be up for a further $500.

Ask to see the motorbike’s service history and ask if the seller has the original user manual. Are there any other accessories that have been fitted or modified on the bike? Are these legal and have they been modified correctly? Be sure you are satisfied with the overall safety of the bike before you think about riding it.

4. The Test Ride

Once you are satisfied with the bike’s overall appearance and history, ask to take it for a test ride. You will soon know when riding the bike if there are issues with the gearbox, brakes or clutch. If you think something is not right, talk to the seller about the roadworthiness and have the matter investigated before purchasing.

During the test ride, think about how you feel on the bike and if this is what you were expecting. Are you comfortable in the ride position? Does the motorcycle handle how you expected it to?

5. Motorbike Finance, Approval and Purchase

Your final decision will be – Is this the bike for you? Once you have negotiated the best deal and – of course – have your finance sorted (get this done first so you know what you can afford), you should be ready to make a final offer.

If you need finance for your motorbike purchase, get started early – contact us at Ezilend and get pre-approval today. Pre-approval makes the process of finding your perfect second-hand bike all that more simple.