Triumph Motorcycles has announced pricing of the new Enduro models due in June, enabling buyers to secure finance prior to purchase through Jade Bike Loans. The release of pricing allows prospective buyers to start configuring their machine and estimating their loan commitments to assist with buying decisions – choosing between the 250cc TF 250-E or the 450cc TF 450-E. Having the ‘ride away from’ price available also allows buyers to secure their finance before the machines arrive in Australia and be ready to buy and take quick delivery.
Enthusiasts of this UK brand are sure to be impressed with these new Enduros which, while designed to dominate in off-road riding and competition, are completely ‘road legal’. Making these a possible great option for both the weekday commute and the weekend fun.
Choose Your New Triumph Motorcycles Enduro Model
Buyers after one of these new Enduros have the choice of the 250 or the 450. Both include Brembo brakes, a lightweight spine frame of aluminium, KYB suspensions, the latest tech, Michelin and DID tyres, and dual engine maps.
Both models include ergonomic features which optimise rider comfort including an intuitive layout of the controls, adjustable handlebars and a non-slip cover for the seat. The styling is inspired by racing with sleek bodywork, impressive graphics and integrated lighting.
Triumph describes the 450 as delivering the power and torque for max performance in competition environments. And the 250 as providing the power and torque suited for technical riding, with lightweight agility. The company provides a tool on their website to configure bikes to individual preferences. The decision will depend on riding style, capabilities and preferences. For some buyers, price may place a part. The ride away pricing on the 250 starts at $18,290 and the 450 at $19,690.
Triumph Motorcycles Finance Options
When financing a new motorbike, lenders typically accept the machine as the loan collateral. Allowing buyers to finance with a Secured Motorbike Loan. A loan product which attracts lower interest rates than unsecured loan and a number of key benefits.
When securing a loan through Jade, buyers will have the most competitive fixed interest rates available sourced for them by our brokers. Lenders offer rates based on individual application assessments of the financials and the credit score. The fixed rate will not change over the term, providing certainty for our customers.
Terms are also fixed, and we negotiate the most suitable repayment period to best meet individual preferences. This delivers a fixed repayment schedule which remains the same until the final payment is made.
The amount a buyer is approved to borrow – their credit or borrowing limit, is determined by lenders, following the application assessment. Some buyers may be approved to borrow the full purchase price of their Enduro, eliminating the need for a deposit. Where a trade-in is available, this can be used to reduce the loan amount required and reduce repayments.
The decision around collateral is also determined by lenders. Some buyers will only need to provide the new machine, while others may need to provide additional assets or possibly a personal guarantee. Your Jade broker will be handling lender discussions and will work to negotiate the most workable outcome.
How to Estimate Calculate Triumph Motorcycle Loans
While have the pricing on the new Enduros is a great place to start, when financing is required to make the purchase the loan repayment can be a more helpful figure for many buyers. Using our Finance Calculator, buyers can quickly convert the purchase pricing - $18,290 and $19,690, into repayment estimates.
The calculator allows for the loan amount and repayment term to be changed to get estimated repayments with different loan configurations. While you configure your machine you can also be configuring your loan preferences.
Note how changing the term will reduce the repayments. Reducing the loan amount with a deposit, will also reduce the payments. For example, borrowing the full price of a 250, $18,290 round up to say $19,100 to allow for extras, over 5 years at say 6.75%, provides an estimated monthly payment of $376.00 with total interest payable of $3457. But over a 4 year term the repayments are $455pm with only $2748 total interest payable.
Make a deposit and reduce the loan to say $16,800 and over 5 years the repayments drop to just $331 per month. These are estimates and you will need a quote from our brokers to confirm your rate, but the calculator provides a very useful tool for making some important buying decisions.
Securing Pre-Purchase Triumph Finance
For Triumph enthusiasts who want to be one of the first to own a new Enduro, consider arranging your loan now – before the machines are even available for sale. Pre-approved finance attracts the same interest rate, same loan products and same approval criteria as when a loan is secured after the purchase. Simply connect with us online or by phone and one of our brokers will take you through the application and source your best loan offer based on your estimated loan amount. Conditional approval is secured and when the purchase is completed and you know the exact loan needed, the offer is amended accordingly.
Be one of the first to ride away on a new Triumph Motorcycles Enduro – apply for pre-approved finance by contacting Jade Bike Loans on 1300 000 003.
DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA IS PRESENTED PURELY FOR GENERAL INFORMATIONAL PURPOSES FOR MOTORBIKE BUYERS AND THOSE SEEKING MOTORCYCLE LOANS. THIS IS NOT INTENDED AS THE SOLE SOURCE OF INFORMATION FOR FINANCIAL DECISIONS. IF SPECIFIC ADVICE IS REQUIRED AROUND FINANCIAL DECISIONS, READERS SHOULD SEEK THEIR OWN FINANCIAL ADVISOR.