Navigating the World of Scooter Finance

At specially dedicated scooter finance specialists, Bikerloans, we simply aim at offering citizens the best deals, regardless of circumstances. So you have been declined elsewhere? Don’t worry we’re here to ensure that you can secure finance either for a new or used scooter or motorcycle-buying either at a dealers, online or privately-within the UK. We understand everyone situation is different, which is why we have the following flexible finance options for homeowners, tenants, customers living with parents, HM forces members, and self-employed individuals. Lets go over the financing options available, so you can select the ones that are best suited to you.

To get the best scooter finance out there, you should know how much you can afford. We help you achieve the finance you need with competitive rates and flexible terms at Bikerloans. Our financing options are for bikes over 125cc, with a minimum loan of £1,500, covering new and used bikes, with dealer purchases also included. However, the financed motorcycle must be secured against the bike. It must, however, be under 10 years old, and road-legal most of the time. We do have some exceptions for modern classic and prestige models.

There are a couple of key prerequisites for applying for scooter finance. Firstly, an applicant must be age at least 21 years. Secondly, he/she must have done CBT for 125cc machines or possess a full bike license. It should be simple and quick: the deposit is typically only 5%. The maximum permissible loan amount is given at £15, 000 and is made available for three specific durations of time: 24, 36, and 48 months. In addition, actual enrollment in the electoral or voters role increases your chances of being approved but don't worry, because we can still assist some people with poor past redit history.

In 125cc motorcycle finance, our loans cover only motorcycles 125cc and above. This type of finance is also available to clients who prefer to sell privately as opposed to buying from a dealer. Our 125cc motorcycles finance options are ideal for you offering loans starting at £250, no matter if it is a quad bike, an off-road one, or an older lower value motorcycle. It will all fall under our 125cc motorbikes on the finance option. Those are by all means unsecured loans. So that means nothing is going to be secured against it. They will come with a term of 12 to 48 months. Importantly, noting the fact that it is a loan, accessories such as helmets, riding gear, and even training for your CBT or Direct Access course can be incorporated. An unsecured loan does not demand any deposit to buy the bike or scooter of your choice, along with any necessary add-ons. 

Thus an applicant can apply for a 125cc motorbike on finance loan with the only eligibility criteria that he/she must be at least 18 years of age and it will consider all credit histories for application.