How do motorbike loans work?
It’s simple: a lender pays for the bike, you ride it home, and you repay the loan in regular instalments. On a secured loan, the bike acts as the lender’s security until the last repayment.
Our job is to find the right lender out of 60+ for your motorbike loan — whether it’s a first scooter for city parking or a big adventure bike for the Great Ocean Road.
- 1
Pick your bike, or your budget
Know the exact model, or just want to know what you can spend? Either is a fine place to start.
- 2
Enquire in about 2 minutes
Tell us about the bike, your income and your plans. Enquiring won’t affect your credit score.
- 3
We match you with a lender
We search our panel and explain the option that fits, including how the repayments look.
- 4
Settle and ride
Once you’re approved, the lender pays the dealer or seller. Depending on the lender, that can happen quickly.
Is a motorcycle loan the same as a car loan?
Close, but not identical. Both are usually secured against the vehicle, yet lenders treat bikes as their own category — the bike’s age, how it’ll be used and your licence status can all come into play.
| Riding style | Common finance route | What a lender may ask |
|---|---|---|
| City commuter or scooter | Secured loan, or a smaller personal loan | Purchase price and your income |
| Adventure or touring bike | Secured motorbike loan | Bike age, plus any luggage or accessories |
| Cruiser | Secured motorbike loan | Dealer invoice or private sale details |
| Dirt or enduro bike | Secured if registered; personal loan if off-road only | Whether it’s road-registered |
| LAMS bike for learners | Secured loan or personal loan | Your licence status and insurance quote |
Weighing up whether to use the bike as security? Our guide to secured vs unsecured loans lays out the trade-offs.
Can I finance riding gear and accessories?
Often, yes. Plenty of riders roll their kit into the same loan so the bike is road-ready on day one — it depends on the lender and how the dealer invoices it.
- Helmet and intercom unit
- Armoured jacket, pants, gloves and boots
- Panniers, top box and tank bag
- Crash bars, bash plate and hand guards
- A dealer service plan or extended warranty
Can I finance a bike from a private seller?
Yes, many lenders finance private sales. They’ll want to confirm the bike exists, is roadworthy and has no money owing on it before they pay the seller.
Before you hand over a deposit:
- Run a PPSR search on the VIN to check for finance owing or a write-off record
- Match the VIN and engine number to the rego papers
- Look through the service history and ask why they’re selling
- Take it for a ride — or bring a mate who knows bikes
Can learners get motorbike finance?
Yes — learner and provisional riders can apply, as long as they meet the lender’s usual criteria. The catch is the bike: learners are generally limited to LAMS-approved models, so check your state’s list before you commit.
Expect to show a driver licence for ID, and your insurer will ask about your rider licence and experience. Newer riders can face higher premiums, so build that into the budget.
What you’ll need
- Driver licence, plus your rider licence or learner permit
- Payslips from the last few months, or business tax returns
- Bank statements
- Bike details: make, model, year and VIN
- Dealer quote or private seller contact details
- An insurance quote for the bike
- Details of your existing debts
Who it usually suits
- Over 18 and living in Australia
- Regular income from a job, your own business or casual work
- A budget that covers repayments, insurance, tyres and servicing
- A bike that meets the lender’s age and condition rules
- Imperfect credit considered case by case
