Finance your bike purchase
Are you planning to buy a bike? There are different ways to source for the fund needed for the purchase, and one of such ways is to use motorcycle finance. It is simple, straightforward, and highly effective. We offer competitive finance packages tailored to meet each biker’s needs, and no matter how unique your conditions are, we can always find you a suitable finance deal. At Motorcycle Room, we understand the motorcycle finance is not something that most lenders offer, that is why we have gone the extra mile for you by getting access to some of the best lenders that offer this form of financing, and we make sure that we have a good relationship with them which we use to help you secure a good finance product when you need it. In simple terms, if you are looking for where to borrow money that you can use to buy a motorcycle, we are your best bet.
The lenders who usually offer bike finance are very sceptical as this is not a common form of finance, and the rates on loan might be a little higher than necessary. But when we handle your motorcycle finance on your behalf, we make sure that you get a deal that will benefit you and is suitable for your financial position.
Why Use Us
As a dealership, using us to get the bike finance that you need usually means you can sort out all your transactions in one place. The lender already has a relationship with us, and you don’t need to bother with all the extra documents linking the lender to the seller. To make it even better, your options are not restarted since we are not the one offering the finance, we only connect you with our lending partners.
Range of options
When you are borrowing to purchase, you need to make sure you are getting the best deal. We believe this, which is why we give our clients access to several lenders. We partner with different lenders who offer different forms of finance, and we make sure any deal you get is the best. If a lender is not offering a favourable deal, we have many other alternatives for you to try out. The same way we have an extensive range of lenders is how we also have an extensive range of finance products. Each lender has the finance products that are unique to them, and we make sure you weigh all your options before reaching an agreement.
Fast and Smooth Process
Finance does not have to be a rigorous process, and we make sure of that by simplifying it for our clients. All you have to do is submit certain documents which show your ability to repay the loan, and we are as good as done. We even help clients fast track the process to get the finance within a week and acquire what they want instead of spending days and weeks dealing with administrative bottlenecks.
Every term of the loan is tailored to favour you and be suitable for your condition. From the repayments to the interests, everything is competitive, and the options mean you can choose what works best for you.
What to consider before getting a loan
Our financial experts will make sure you consider all the following;
You need to make sure the repayment will not burden you. We help you to determine this with a loan calculator will help you a lot in this situation.
This is usually the cost of the loan on the long term, and it is what determines if the loan or financial product is worth taking. The form of loan you take will determine the interest rate to an extent. An unsecured loan generally has a high-interest rate while a secured one will have low interest. But other factors may come into play, and it is up to you to make sure the interest on the loan you’re getting is not too high that you’ll end up with bad debt.
Some lenders require deposits for certain types of loan. This is especially common with hire purchase and where you have to pay upfront, you should make sure your deposit is not exorbitant. This shows the importance of saving before you even think of buying the bike.
DISCLAIMER. THIS INFORMATION IS ONLY AVAILABLE AS A GENERAL GUIDE ON THE GOVERNMENT POLICIES. IT IS DERIVED FROM THE OFFICIAL AUSTRALIAN GOVERNMENT SOURCES. WE DO NOT BEAR ANY RESPONSIBILITY FOR THE COMMENTARY AND ANALYSIS OF THIS PUBLIC DOMAIN INFORMATION NOR ANY LIABILITY FOR HOW THE FACTS ARE INTERPRETED. IT IS RECOMMENDED THAT YOU SPEAK WITH AN ACCOUNTANT OR FINANCIAL ADVISOR TO GET PRECISE INFORMATION AND ADVICE ON YOUR SITUATION.
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