Motorbike Loans

A bike loan is a personal loan used to finance the purchase of a new or used motorcycle. You borrow what you need, then repay it over time in regular, easy instalments. At Ezilend, we work with a panel of Australia’s top lenders to get you on two wheels with the best possible rate. Let’s get you riding!

If you’re buying a newer motorcycle, you may be able to take out a secured loan that uses the bike as security. This generally means a lower interest rate for you. Older bikes often need an unsecured loan — slightly higher rates, but more flexibility to cover gear, helmets, and accessories too. Either way, Ezilend will find the right fit.

Motorcycle finance rates currently start from around 5.67% p.a. for secured loans, with most borrowers paying between 7% and 14% depending on their credit profile, the bike’s age, and whether the loan is secured. We’ll shop our lender panel to find you the sharpest rate available for your situation.

Interest rates for motorcycle loans are a bit higher on average than car loans, because lenders factor in the higher risk of write-offs in accidents. That said, competitive rates are absolutely available — especially for new or near-new bikes with a strong borrower profile. Ezilend will do the legwork to find you the best deal.

Yes! New and used bikes are both financeable — though most lenders will not offer a secured rate on bikes over 7 years old, moving them to unsecured pricing. If you’ve got your eye on a classic or an older model, don’t stress — we work with lenders who have options for all types of bikes.

An unsecured personal loan offers greater flexibility, allowing you to use the funds not only to buy the bike but also to cover related expenses such as helmets, riding gear and accessories. Just let us know what you need covered and we’ll factor it in.

Absolutely — and we highly recommend it! Pre-approval gives you a firm budget so you know exactly what you can spend before you fall in love with a particular model. Ezilend’s process is fast, paperless, and won’t affect your credit score. Get approved, then go find your dream ride!

The basics: proof of identity, proof of income, details of your existing debts, and some information about the bike you want to buy. Our online application takes just minutes and one of our friendly brokers will take it from there. Easy!

Fixed rate loans keep your repayments the same throughout the life of the loan, while variable rate loans can change during the term. Fixed is great for budgeting certainty; variable can work in your favour when rates drop. Your Ezilend broker will help you choose based on your situation.

Yes — most lenders will require comprehensive insurance before approval, which makes sense for everyone involved. And of course, registration and CTP insurance are mandatory by law on Australian roads. We’ll make sure everything is in order before settlement day so you can ride out with confidence! 🏍️