Generated by All in One SEO Pro v5.0.1.1, this is an llms-full.txt file, used by LLMs to index the site. # MotorBike Finance & Motorcycle Loans | Jade Talk to Jade Bike Loans for a great deal for motorcycle finance Australia wide, fast same day approval low interest rates and online calculators to calculate different repayments. Over 80+ different lenders for cheap secured motorbike financing. ## Posts ### [Importance of a Good Credit Score for Motorbike Finance](https://www.jadebikeloans.com.au/blog/bike-loan-tips/importance-of-a-good-credit-score-for-motorbike-finance) **Published:** August 31, 2026 **Author:** Publisher **Excerpt:** A good credit score is important when applying for motorbike finance as the score and report can impact the interest rate, loan amount and application approval. **Content:** A good credit score is important when applying for motorbike finance as the score and report can impact the interest rate, loan amount and application approval. The interest rate is integral to the cost of motorbike finance and that means the real cost of buying your machine. With several rate rises from [the Reserve Bank](https://www.rba.gov.au) this year and another not being ruled out by the markets, plus costs of living impacting most budgets, the monthly outlay for a new machine will be the priority for buyers. Central to achieving that objective is getting the [best motorbike finance rate](/motorbike-loan-interest-rates). Key to getting the best possible interest rate is having a good credit score. Most people are aware that credit scores exist but may not know their current rating and may have no idea of how it is calculated. Many people might think their score is pretty much out of their control. That may be only partly true. You do have at least control over the elements that contribute to your score and there may be ways that you can improve yours before you apply for finance. If you’re considering buying a new machine and applying for a motorbike loan, now may be the time to work on improving your credit score. We explain how you may approach this and how it may pay dividends. ## What is a Good Credit Score? Credit scores are based on the entries in the credit report. Anyone who has applied for or taken out finance or held an account with a company will have a credit report and score. Reports are compiled by Credit Reporting Agencies – Experian, Equifax and Illion. Reports contain information submitted by banks, finance companies, credit card companies and companies that charge customers for services. These include businesses such as energy companies and telcos. Information that is submitted to the agencies includes loan applications even if the loan is not taken out, existing and past loans, loan and bill payment history, credit card limits and payments, loan defaults, bankruptcy and similar events. Under the Comprehensive Credit Reporting system introduced in 2018, both negative and positive information is reported. Having access to both negative and positive information provides lenders and credit companies with a more comprehensive view of a loan applicant. Using a formula, the agencies calculate a score based on these entries. Depending on the agency’s system, scores range from 0 to 1000 or 0 to 1200. For 0 to 1000 systems, a good score may be considered above 500 or 625 and very good in the 700s. On the 0 to 1200 system, good is in the higher 600s and very good mid 700s to mid 800s. Excellent is in the higher 20% approximately. ## How Good Credit Score Affects Loans Credit scores are an assessment of creditworthiness and very important when applying for finance. They provide lenders with information on how creditworthy the individual is and the risk of approving a loan to that person. Lenders and credit companies access reports from the credit reporting agencies as part of the application assessment process when the applicant signs their agreement for their information to be accessed. A credit report and scores affect the interest rate offered, loan amount approved and, in a worst-case scenario, the score can determine if an application is accepted or rejected. The effect on interest rates is based on the risk factor. When surveying rates across the lender market, note that most will advertise their best rate for new goods for good credit applicants. There can be variations in the credit scores that lenders will accept to approve loan applications. We assist by matching applicants with lenders that best suit their profile as a first step towards being offered the best possible rate. Applicants with a score below a lender’s accepted threshold can expect to be offered a higher rate. This will impact both the monthly loan payment and the total amount of interest that accrues on the loan over the finance term, effectively adding to the cost of buying a motorcycle with finance. To see exactly how the interest rate impacts the monthly payment and the total interest, work up some combinations on [our Motorcycle Finance Calculator](/finance-calculator). Scores can also affect the amount approved for the loan. This may then flow through to how much the buyer needs to make a deposit on their motorcycle. Lenders will be looking at the size of the loan in total and also as a percentage of the price of the machine when the motorcycle is used as collateral for a [Secured Motorcycle Loan](/secured-motorcycle-loans). ## Achieving a Good Credit Score If you have a good credit score you’ll want to keep it or try to improve it to very good or excellent. If you are in the less than good category, there may be actions you can take to improve your score. The objective will be to build up the positive entries in your report and minimise the negative. Paying bills and meeting loan payments on time is very important. If many of your regular bills are by automatic direct debit, keep a note of when the funds are due to come out of your account and make sure there is sufficient funds on that day. Address your credit card limit. Not the balance, how much you currently owe, but the limit, how much you are approved for. Lenders can consider the limit on credit cards as potential debt and as a negative. If you don’t need as much as you have, contact the credit card company and have the limit reduced. Reducing debt levels may contribute to a better score. If planning to apply for a new loan, consider finalising any existing loans first. While a good credit score will be a major contributor to achieving a good interest rate, with our access to a large lender base, we assist all buyers to achieve their best possible rates on motorcycle finance. **With or without a good credit score, buyers can contact Jade Bike Loans to source their most competitive interest rate motorbike finance. Call [1300 000 003](tel:1300000003).** *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.* **Categories:** Bike Loan Tips --- ### [Limited Edition Motorcycles Are Coming. Get Motorbike Finance to Confidently Pre-Order and Secure Yours.](https://www.jadebikeloans.com.au/blog/bike-buying-articles/limited-edition-motorcycles-are-coming-get-motorbike-finance-to-confidently-pre-order-and-secure-yours) **Published:** August 17, 2026 **Author:** Publisher **Excerpt:** Limited edition motorcycles from Honda and Ducati are reportedly coming to Australia and keen buyers can apply for conditional motorbike finance approval now. **Content:** Limited edition motorcycles from Honda and Ducati are reportedly coming to Australia and keen buyers can apply for conditional motorbike finance approval now. For enthusiasts, that means being on the first row of the grid and ready to be the first to ride away on the latest model. When models are due for release in small quantities, manufacturers typically provide the opportunity for those interested to register their interest – let them know they may buy the machine. Some may even offer the chance to pre-order. Neither is necessarily an obligation as buyers should be able to change their minds when the bike arrives and they see the specs. Having that option may be particularly important if exact pricing is not revealed with the pre-arrival news. While some are happy to estimate the price of these machines to see if they can afford one, others will want greater assurance before registering their interest, especially when financing is required. That assurance can be available by having your loan application assessed and obtaining a decision on your borrowing limit before making any commitment or lodging an expression of interest. ## Limited Edition Motorcycles Due Honda has two special models coming to Australian dealerships – the CB1000GT and a CRF-450RX to celebrate David Walsh winning the Finke Desert Race this year. The CB1000GT is a sports tourer, 4-cylinder, with plenty of equipment included as standard. The final specs, accessories and pricing will be available closer to launch. For now, interested buyers can register an expression of interest with their dealer or on [the company website](https://motorcycles.honda.com.au/ "the company website"). The special Finke-celebration machine is reported to include exclusive components and special graphics. Pricing is so far quoted around $16,399 with that including more than $3500 in accessories. Find out more and how you may secure yours at your local dealership or at Honda’s website. For Ducati fans, get ready; the new Desmo 250 MX is coming to Australian dealerships. A price estimate we sourced, but not confirmed as final, is just under $15,000. This is a handy figure to work up loan estimates with [our Motorcycle Finance Calculator](/finance-calculator "our Motorcycle Finance Calculator") or when applying for pre-purchase finance. Availability in Australia and the exact pricing is yet to be confirmed; check with your local dealer or the [Ducati Australia](https://www.ducati.com/au/en/home "Ducati Australia") website. While not in the limited edition motorcycles category, new brands to expect this year are VOGE and QJMOTOR. These are Chinese motorcycle manufacturers which are reportedly coming into the Australian market. ## What is an Expression of Interest? An expression of interest is pretty much what it implies: a buyer expresses their interest in purchasing certain goods. In some markets such as business and real estate, the expression may take the form of a formal document containing a range of details and even a bid, if required. With motorcycles, these expressions are typically far less formal. They usually involve prospective buyers registering that they could be interested in purchasing when the model is available. These expressions are usually made on the brand’s website and may only involve providing contact details. By letting the brand know your interest, you may be updated as the release date nears with exact specs, pricing and other information. An expression of interest may also provide the buyer with the opportunity to be first to buy limited stock. It also provides the manufacturer with prospective buyers lined up. An obligation does not typically apply to this type of arrangement unless a non-refundable deposit is requested. ## What is Conditional Approval Motorbike Finance? Those wanting to express interest or proceed to place a holding deposit on a limited edition motorcycle before release will usually want to know they are in a position to make the purchase. For many, that means being approved for motorcycle finance. This can be arranged with conditional loan approval. Conditional loan approval is when a loan application is approved by a lender before the purchase is made. It is ‘conditional’ as rates, financials, loan amount required and other factors may change between the time the loan application is assessed and the loan is required. Lenders can assess applications based on current financials, credit score, and an indication of the motorbike they intend to purchase. Based on that information, they provide the applicant with approval for a certain loan limit – their borrowing capacity. The applicant then may have the confidence to proceed to express interest or even pre-order a limited edition model and ensure they don’t miss out. ## How to Finance Limited Edition Motorcycles If you are ready to express interest or start talking to a dealer about one of the upcoming models from Honda or Ducati, consider applying for finance first. [Our Secured Bike Loan](/secured-motorcycle-loans "Our Secured Bike Loan") is suited to new machines as lenders readily accept new machines as the loan collateral. With the loan secured, lenders offer their most competitive rates on this type of credit product. Our rates are fixed as are the repayment terms, and applications can be made online or by phone with one of our brokers. **To apply for motorcycle finance to secure limited edition motorcycles from Honda and Ducati, contact Jade Bike Loans on [1300 000 003](tel:1300000003).** *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.* **Categories:** Bike Buying Articles --- ### [With Jimmy Barnes performing, now is definitely time to prepare for Phillip Island MotoGP](https://www.jadebikeloans.com.au/blog/industry-news/with-jimmy-barnes-performing-now-is-definitely-time-to-prepare-for-phillip-island-motogp) **Published:** August 3, 2026 **Author:** Publisher **Excerpt:** The Phillip Island MotoGP, the Australian Motorcycle Grand Prix, to be held 23-25 October 2026 the last at this location as the event moves to Adelaide in 2027. **Content:** The Phillip Island MotoGP, the Australian Motorcycle Grand Prix, to be held 23-25 October 2026 the last at this location as the event moves to Adelaide in 2027. If 3 days of thrilling motorcycle racing wasn’t enough motivation to get moving to attend this year’s Australian Motorcycle Grand Prix, consider that it is the final event at the Island and Jimmy Barnes is headlining the entertainment. Yes, this year is shaping up as an even bigger event than usual and one that motorcycle enthusiasts won’t want to miss. Tickets are now on sale! Time to prepare with accommodation, tickets, travel plans and why not get a new machine to ride to this landmark event. Creating an unforgettable memory to last a lifetime. With our competitive [interest rates](/motorbike-loan-interest-rates "interest rates") on Motorcycle Finance, buying a new machine could be extremely affordable. Check out the event details, buy your tickets and get a quote on a motorcycle loan to select a machine to match your loan payments. ## Phillip Island Moto GP Details There is action across the three days. Friday October 23 is scheduled practice sessions for all three classes. Saturday October 24 starts with practice for all three classes followed by the qualifying sessions. The top class starts its two qualifying sessions at 10.50am followed by the other classes. At 3pm the real deal starts – racing gets underway with the 13-lap sprint race with all Aussies no doubt cheering on local rider Jack Miller. Later it’s Barnsey time! Saturday tickets also include entry to the Jimmy Barnes concert. Sunday 25 October the MotoGP bikes warm-up before the main events get underway. The 3s then the 2s will race for their trophy. At 3pm the top class machines hit the track for final 27 laps of the Island for this amazing event. A range of [accommodation options](https://www.motogp.com.au/travel/accommodation "accommodation options") are available on the Island or stay in Melbourne and catch the event bus to the track. ## Australian Motorcycle Grand Prix Ticketing Options A range of [ticketing options](https://www.motogp.com.au/tickets "ticketing options") are available for attendees. The Island Pass provides great value and the chance to take in the action both on and off the race track. Activities are planned over the 3 days for the entire family, food and bar outlets are available and there is the essential merchandise to check out. Make sure you grab a final memory of the peak class racing at this iconic racetrack. Grandstand tickets vary in price across the different stands and for the Stoner Pavilion and Doohan Pavilion. Some of the special tickets including Trackside Club and Paddock Pass tickets appear unavailable or sold out at this stage. But stay in touch with the event website and quickly secure your tickets. ## Ride to Phillip Island MotoGP on New Machine What better way to farewell the event from the Island but participating in the [Homecoming Ride](https://www.motogp.com.au/event/homecoming-ride "Homecoming Ride"). Traditionally led by Casey Stoner and over the years has included other Australian sporting greats such as motorcycling enthusiast Kieren Perkins. This is a fan favourite and how would it feel to be taking part on a new machine. Before selecting which make and model you want to buy, if you’re going to need financing to make it happen, first consider your financing options and opportunities. The most popular loan for new motorcycles is our [Secured Motorcycle Loan](/secured-motorcycle-loans "Secured Motorcycle Loan"). This credit facility allows the machine to be used as the collateral for the financing. With the lenders having the loan secured with the collateral, they offer their best rates on secured credit products. We source the most competitive fixed rates over a fixed term to provide a fixed monthly schedule of repayments. The rate and the repayments do not change even if the RBA announces changes to the cash rate. To help decide what model works with your budget, convert motorcycle prices to estimated loan repayments. Use the price as the loan amount for calculating estimates. While you may not be approved to borrow this full amount, the estimates can show the difference the price makes to the loan. Whether considering a Harley-Davidson, KTM or Honda, the calculator can provide estimates for all brands and models. ## Apply for a Motorcycle Loan Online While you’re buying tickets to the Motorcycle Grand Prix online, you can also start your motorcycle loan application online with Jade Bike Loans. Provide us with a few details to get started, your Jade broker will advise the specific documents and details required for the application. Applications for loans can be made before or after a purchase is made. Buyers can receive a decision regarding their application approval prior to buying to provide confidence to buy within their finance limit. Join the Homecoming Ride on your new motorbike – apply today! **Ride to the Phillip Island MotoGP on your new machine – apply for the financing to make it happen with Jade Bike Loans on [1300 000 003](tel:1300000003).** *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.* **Categories:** Industry News --- ### [Looking to save on a new machine? Difference with new and used motorbike finance](https://www.jadebikeloans.com.au/blog/uncategorised/looking-to-save-on-a-new-machine-difference-with-new-and-used-motorbike-finance) **Published:** July 6, 2026 **Author:** Publisher **Excerpt:** Used motorbike finance can differ from new model loans and buyers looking to save on buying a machine should compare all features and details of the loan types. **Content:** Used motorbike finance can differ from new model loans and buyers looking to save on buying a machine should compare all features and details of the loan types. Trying to save a few dollars on everything we buy is a major focus at the moment. The high rate of inflation has caused significant hikes in the costs of living, any saving can be a win for the weekly budget. While finding specials in the supermarket is one thing, a major purchase with financing presents a totally different scenario. Many aspects need to be considered. When it comes to buying a motorcycle, many buyers may look to buying second-hand to save rather than buying new due to the lower price tags. But if they require a loan to make that purchase, they need to look closely at the details of the finance as much as the price tag. While the smaller loan usually required for a second-hand compared with new machine can mean smaller payments, other issues should be considered. Loans for used motorbikes and new models can differ with the interest rate, loan amount allowed, the lender’s range of credit products, credit score requirements, and the collateral requirements. Within the credit product options available to second-hand buyers there can also be variations. These differences may be clearly obvious with the product description, may require closer evaluation of the fine print, terms and conditions, or may not be detailed until a quote is requested. In the quest to ensure that a second-hand machine does present a genuine savings, buyers may also look at the costs of ownership over the projected ownership period. For example, the additional maintenance and repair costs that may be required on a second-hand bike compared with a new machine under warranty. To assist buyers with initial planning, we provide an overview of the key details to watch for when seeking and comparing loans for used motorbikes. ## Key Differences with New and Used Motorbike Finance One of the main differences with financing a new compared with a second-hand machine can be the collateral requirements for the loan. New goods are generally readily acceptable to lenders as loan collateral. For many buyers, the machine can be the only collateral that they need to offer. Second-hand goods require consideration by lenders for collateral suitability. Good quality, recent used models will generally be acceptable, but possibly not as the only collateral required. This may depend on the value of the machine which may differ from the price being paid. Lenders look at the value of goods in relation to the loan amount and the interest that will accrue on the loan when considering collateral requirements. This value-price ratio may also create differences in the amount that lenders will approve for borrowers. The personal financials and credit score also affect the approved loan limit. A larger percentage of the purchase price may be approved for new compared with second-hand machines. The interest rate offered on loans for new and second-hand goods can also differ. Higher rates may apply to used motorbike loans. Rates may also vary with either fixed or variable rates, fixed rates do not change over the fixed term providing certainty for borrowers. Variable rate loans will change with [Reserve Bank](https://www.rba.gov.au "Reserve Bank") decisions. ## Comparing Used Motorbike Finance Options When it comes to the credit products available to finance a second-hand motorbike, the type of loan can depend on the options offered by individual lenders. Loans will primarily be secured or unsecured, but there can be variations in the specific features of different loan products. Lenders determine the features for their specific credit products and their own approval criteria. [Secured Motorbike Loans](/secured-motorcycle-loans "Secured Motorbike Loans") use the machine as the collateral for the loan. Lenders may offer a specific secured loan for motorbikes or a general personal secured loan which can be used for a range of goods. Insurance is required on the motorcycle. [Unsecured Personal Loans](/unsecured-personal-loans "Unsecured Personal Loans") do not require collateral and can be used for machines which are not accepted as collateral such as collectibles, older models and restoration projects. Insurance is not required as the machine is not being used as collateral. Secured loans are the preference for most buyers as they offer a much lower interest rate than an unsecured loan and may allow for a higher loan limit. Many unsecured loan products will have a maximum loan limit. The [interest rate](/motorbike-loan-interest-rates "interest rate") on secured loans is typically fixed. Unsecured loans may have a fixed rate but typically have a variable rate which is subject to change. Buyers should also check the terms available from different lenders on their loan products. Is the term long enough to deliver you a monthly repayment you can afford? ## How to Save on Used Motorbike Finance To save on a loan for a second-hand motorcycle, buyers can seek the best possible interest rate. This may be achieved by using a broker to cover many lenders quickly and without affecting their credit score. Improving the credit score and financial position may also attract a better rate. Lenders will be looking at the value of the bike compared with the loan requested when assessing applications. Making a larger downpayment to reduce the loan required may result in a better outcome. Use our [Finance Calculator](/finance-calculator "Finance Calculator") to see how different loan amounts and different interest rates deliver different monthly payments to plan your purchase. **To save on used motorbike finance, contact Jade Bike Loans on [1300 000 003](tel:1300000003 "1300 000 003") for the best rates, most suitable lender and expert advice on sourcing your best loan option.** 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. **Categories:** Uncategorised --- ### [Rates on hold, but still lender variations. How to compare motorbike finance rates](https://www.jadebikeloans.com.au/blog/bike-loan-tips/rates-on-hold-but-still-lender-variations-how-to-compare-motorbike-finance-rates) **Published:** June 22, 2026 **Author:** Publisher **Excerpt:** To compare motorbike finance rates after the RBA rate hold, buyers may use an online loan calculator and a broker to source the best rate for their profile. **Content:** To compare motorbike finance rates after the RBA rate hold, buyers may use an online loan calculator and a broker to source the best rate for their profile. Buyers planning to buy a new machine with finance and other variable loan holders sighed with relief after the [Reserve Bank](https://www.rba.gov.au "Reserve Bank") (RBA) June cash rate decision. The decision to keep the cash rate steady and, as a result, the rate on most loan products, on hold was widely welcomed following three consecutive rate increases. But even though the cash rate remains steady, in the consumer credit market, including motorcycle loans, there are still variations across the market. Buyers may find different rates on similar credit products from different lenders as lenders do set their own rates. Different rates can also apply to different types of credit products. While it was a reprieve that the RBA did not announce a further rate rise, buyers may still need to do some work, or at least be diligent, to find their best motorcycle loan rate. With the online tools available and access to expert motorbike loan brokers, that ‘work’ does not need to be tiresome or time consuming. ## Motorbike Finance Rates Scenario While borrowers are not offered the cash rate for loans such as for motorbikes, lenders do use the cash rate as a basis for setting their own rates. To get an understanding of the current rate scenario and what could be ahead, staying across the RBA’s decisions can be a start. At its June meeting the board of the RBA made the decision to keep the official cash rate on hold at 4.35%. Key reasons for the RBA’s decision were the ongoing high rate of inflation and uncertainties in the Middle East. In response to the RBA decisions, most lenders will also hold their lending rates steady. Buyers who think they may do better by holding off their purchase until rates are cut, may get direction from what analysts and economists are saying. According to reports, there doesn’t appear to be universal agreement with economists as to what is ahead for interest rates. Some think we could see another rate increase from the RBA this year, while others see rate cuts as the RBA’s next move, but possibly not until 2027. RBA Governor Michele Bullock said that if the rate of inflation does not react as the Board expects, then they might ‘have more to do’. That could mean another increase, the next decision will be on 11 August. In this somewhat confused outlook, buyers may need to simply find their best possible loan rate when they want to make their purchase. ## Compare Motorbike Finance Rates With rates varying across the market, buyers can use our [Motorcycle Finance Calculator](/finance-calculator "Motorcycle Finance Calculator") to make comparisons rather than making multiple applications to compare. Multiple applications pose the risk of damaging the credit score. Using the calculator is a quick and easy way to see the monthly repayment estimate and total interest based on different rates. Gather advertised rates from lender websites to use to compare with our best rates. Leave the loan amount and term the same, while entering different rates and noting the different repayment results. You may or may not be offered the best rate advertised, but the calculator provides and easy way to see how different rates compare in terms of payments on your loan. ## Considering Loan Features and Options The calculator is great to use as a guide but may not reveal which lender and which credit product is your best option. In addition to comparing the rate being offered, buyers should also look at all features of the credit product. Is it a secured or an unsecured loan? With our [Secured Motorbike Loan](/secured-motorcycle-loans "Secured Motorbike Loan") the machine is used as collateral and fixed rates apply. Unsecured loans have higher rates which may be variable and as such, subject to change. Does the credit product have a loan limit that suits the amount you want to borrow? Some lenders offer a generic personal loan for motorbikes which may have a maximum loan amount and may have a variable rate. Do the terms offered deliver a monthly repayment that suit your budget? The terms along with the loan amount and the rate determine the payments, if the term offered is short, the payments will be larger than with a longer term. Do you have the option of making extra payments and owning your machine earlier? This can be an attractive option and is included with our loans. Are there any special terms and conditions that you don’t meet or don’t suit you? Check the details to ensure you are eligible. ## Finding the Cheapest Motorbike Finance Rates Finding the right credit product from the right lender can be key to getting the best possible interest rate. Lenders have varying criteria with making rate offers and different credit products can suit different buyers. That is where we can help you. We have connections with a large lender base, we know the criteria used by lenders to approve applications, and we’re across the credit products on the market. Our brokers quickly match buyers with the right lender and loan and negotiate on the lowest rate. **To easily compare motorbike finance rates and secure your best possible offer, contact Jade Bike Loans on [1300 000 003](tel:1300000003 "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. **Categories:** Bike Loan Tips --- ### [Get pre-approved Honda motorcycle finance for upcoming new Honda CRF450R](https://www.jadebikeloans.com.au/blog/bike-loan-tips/get-pre-approved-honda-motorcycle-finance-for-upcoming-new-honda-crf450r) **Published:** June 8, 2026 **Author:** Publisher **Excerpt:** The new Honda CRF450R is due for release in Australia in late 2026 with buyers able to secure pre-approved Honda motorcycle finance through Jade Bike Loans. **Content:** The new Honda CRF450R is due for release in Australia in late 2026 with buyers able to secure pre-approved Honda motorcycle finance through Jade Bike Loans. News of a new model release from a leading brand is a sign to riders to get organised. To be prepared to be one of the first to ride away on the latest machine. Currently, that news is the arrival of the new Honda CRF450R this year. The sign for buyers? Apply for pre-approved Honda motorcycle finance to be confident to submit an expression of interest for the new model. While an expression of interest is not a complete obligation to purchase, buyers will want to be confident that they can proceed with the purchase should they decide to do so. For most, that will require knowing that they have been approved for sufficient financing to make their purchase. With the opportunity to be one of the first to own the latest Honda, get across your financing opportunities. ## Honda Motorcycle Finance Options The [Secured Bike Loan](/secured-motorcycle-loans) is the most popular type of loan for new motorbikes. This credit product offers a simple format loan and, the most affordable interest rates. Lenders readily accept new machines as the loan security. Most buyers won’t need to put other assets up as collateral. Simple! With the loan secured by the machine, lenders offer their best rates on this type of credit. We source the [best fixed rates](/motorbike-loan-interest-rates) in the market. The rate is fixed for the entire term of the loan. Providing peace of mind for borrowers that their rate and payments won’t change when [the Reserve Bank (RBA)](https://www.rba.gov.au) and their lender change their rates. This can happen with a variable rate loan. The terms are also fixed and negotiated to best achieve our customer’s preference. With fixed rates and fixed terms, the repayments are also fixed in equal monthly instalments. Simply make those payments and when the last one is finalised, you own the machine. If you would like to own the machine sooner, additional payments are permitted with minimal early payout fees applicable. ## Pre-Approved Honda Motorcycle Finance What are pre-approved loans? A pre-approved loan is a finance application that is conditionally approved with a lender offer, before the purchase of the goods has been made. The applicant is provided with their borrowing limit based on rates at the time of application and their estimated payments at current rates. Any offer is valid for a set time period, with no obligation. If the offer is not taken up, it lapses. These applications can be made well ahead of the purchase. In some cases, before the price of a new machine has been released. As is the case with the Honda CRF450R. The specifications and pricing are yet to be released. With buyers possibly unsure of exactly how much they may need for their loan, they make an estimate for the pre-approval application. With models in the Honda range, buyers may derive their estimate from pricing on current models. The conditional aspect refers to the offer may change as it may be subject to the final loan amount required and interest rates at the time the details are finalised. For example, if applying for a pre-approved motorbike loan now for the new Honda CRF450R due later this year, interest rates could change in that time. There will be several RBA decisions before expressions of interest open and before the new machines are available for delivery. At the moment, it appears that the markets consider that there should not be further rate increases in the near future. But as we have recently seen with the unexpected Middle East crisis, nothing can be ruled out completely. If inflation starts falling, the RBA should at least keep rates on hold. There appears to be less chance of a rate cut this year. The take-out for those considering pre-approved finance, the rate quoted at the time could be at least close to what you will be offered when the loan is finalised. Use our [Motorbike Finance Calculator](/finance-calculator) for loan estimates and to decide if the new CRF is in your affordability zone. Use current Honda 450 prices as a guide to pricing, allowing for the usual new model increases and any deposit you plan to make. Use our current interest rates for estimating purposes. The calculator will automatically generate monthly payment estimates. Vary the loan amount to allow for different pricing and deposits and see how that affects the repayments. Change as many values as you like until you arrive at a combination that works for you. Then contact us and apply for pre-approved financing. ## What’s new with the Honda CRF450R? While the specifications of the new machine have not been released by [Honda](https://motorcycles.honda.com.au/ "Honda"), some details have been reported and reveal the biggest overhaul in 10 years of this much-loved model. Riders can expect a more powerful and lighter engine and improvements focussing on stability, power deliverable and rider experience. **For pre-approved Honda motorcycle finance for the new Honda CRF450R contact Jade Bike Loans on [1300 000 003](tel:1300000003).** *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.* **Categories:** Bike Loan Tips --- ### [Know What You're Really Getting. Motorbike Discounts and Deals Explainer.](https://www.jadebikeloans.com.au/blog/bike-buying-articles/know-what-youre-really-getting-motorbike-discounts-and-deals-explainer) **Published:** May 25, 2026 **Author:** Publisher **Excerpt:** Motorbike discounts during EOFY sales can take many forms with price cuts, cashbacks, finance deals, run-out model clearances and extra gear included for free. **Content:** Motorbike discounts during EOFY sales can take many forms with price cuts, cashbacks, finance deals, run-out model clearances, and extra gear included for free. End of financial year sales are highlighted on many buyers’ calendars, offering the chance to get that machine you’ve been eyeing with a price reduction. But with so many different types of offers and deals available, buyers should be well informed on what each means and which one offers them the best value. The [ACCC](https://www.accc.gov.au "ACCC") is the regulator of competition and fair trading and can be a useful source of information. To get you quickly across what the offers and deals mean, we provide this explainer. ## Straight Motorbike Discounts A discount should be just as it says – a percentage or dollar amount off the recommended retail pricing. The discount may apply to all models from a brand or on certain models only. For brand-wide discounts, buyers will need to check with their dealer on the availability of stock at the discounted price. As with all advertised prices, if it is advertised as ‘from’, request details on what extras may increase the price. Use [our Finance Calculator](/finance-calculator) for quick repayment estimates to compare models, discounts and to see if that discounted price works for your budget. ## Motorbike Discounts on Run-Out and Clearance Sales Many sales events are advertised as clearance or run-out sales. For those new to sales, that means the deal is offered only on certain models. These events allow dealerships to clear their existing stock to make way for new model releases. The sale may take the form of a price discount or other offer. Clearances may be for a brand or from a dealership only. As the sale only applies to the current stock, the stock may be limited and so may your choices. Some dealerships may only have a small quantity of these machines. Buyers should ensure that, despite the reduced price, the model on sale is the right machine for their riding. If the price is exceptional, it may be worth making some compromises to realise the savings. With stock limitations, buyers are advised to arrange their [Secured Bike Loan](/secured-motorcycle-loans) first with pre-approved financing. With the loan approved ahead of time, buyers can be quick to commit and ride away with the new machine at the great price. ## Free Gear and Extras A sale or promotional event may not actually offer a discount on the price but adds value to the deal with extras included at no extra charge. Whether this represents a savings for the buyer will depend on the individual. Do you really want or need, say, $500 worth of merchandise or other extras? If not, it could be worth looking around to other motorcycle brands to see what deals they are offering on comparative machines. EOFY is a very popular time for sales and there are sure to be many to cover. ## Motorbike Discounts with Cash Back Cashbacks are quite common across many consumer markets. As described by the ACCC, this is a form of discounting. Buyers do get money back after they purchase the goods. But the process for claiming that money may not be straightforward. The dealer usually does not instantly give you the $500, $1,000 or whatever the cash back offer is, directly in cash or into your bank account. These offers usually involve the buyer sending in their claim to the manufacturer to claim their cash back. If purchasing the motorcycle with financing, buyers will still need to source a loan for the full price, not the price less the cash back. When they receive the cash back, it may be used to make extra loan payments if the loan secured allows additional payments. The advice for buyers from the ACCC is to look into the process to claim the cash back, how long it is expected to take, and always check any expiry date. You may need to make the claim within a set timeframe after which the offer may expire. ## Dealer Finance Offer Quite a common offer that appears, not only during sales but at other times, is dealer finance. These offers typically advertise a low rate of interest. While such offers may appear attractive, buyers are advised to consider the details closely. Consumer Credit is regulated by [ASIC](https://www.asic.gov.au "ASIC") and rules and regulations apply to lenders offering loans to consumers. Is the low interest rate fixed or variable? Is the rate advertised for the complete motorcycle loan term? If not, what rate comes into effect, and when? What are the repayment terms? Do you meet the eligibility criteria? What are the terms and conditions? Buyers can take advantage of our online Motorcycle Finance Calculator and our access to a large lender base to compare any dealer offers with [our current rates](/motorbike-loan-interest-rates). Our rates are fixed and will remain unchanged over the complete fixed repayment term. If working through the details of dealer finance to obtain specific figures to compare with our rates is too difficult, call us and one of our brokers will quickly do the computations for you. Buyers are welcome to connect with Jade without a referral to source a no obligation quote for comparison purposes. There are sure to be some great discounts and deals on offer over the sale season. Be ready to secure the deal that suits you with the right financing, personally sourced to suit your requirements. **For a quick quote on models with motorbike discounts, contact Jade Bike Loans on [1300 000 003](tel:1300000003).** *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*. **Categories:** Bike Buying Articles --- ### [Preparing to buy a motorbike in EOFY sales and securing the latest models](https://www.jadebikeloans.com.au/blog/bike-buying-articles/preparing-to-buy-a-motorbike-in-eofy-sales-and-securing-the-latest-models) **Published:** May 11, 2026 **Author:** Publisher **Excerpt:** Preparing to buy a motorbike in a sale or a new model release can involve securing finance to confirm the amount the buyer is approved to borrow and repayments. **Content:** Preparing to buy a motorbike in a sale or a new model release can involve securing finance to confirm the amount the buyer is approved to borrow and repayments. With the financing confirmed before approaching a purchase, buyers know how much they can borrow and therefore how much they can spend on a machine. Key information to guide buyers to their ideal and most affordable machine. Buyers can easily get caught up in the excitement and hype generated at sale time. Signage advertising huge discounts and special deals can be very enticing. But a motorcycle is a major purchase. Buyers need to keep a level head and consider all aspects of the machine, the deal and their financing. - Despite the discount, is this the right machine for you? - Even after the discount, does the purchase price represent affordable loan payments? - Is now the right time for you to buy a motorbike? With many EOFY sales already starting to appear across consumer goods sectors, if you’re in the market to buy a motorbike, now is the time to prepare and plan, starting with your motorcycle loan. ## Preparing to Buy a Motorbike with Finance The way to be fully prepared to purchase is to have your finance arranged and confirmed first. This may sound like the opposite way to approach a purchase, but it can be a very astute approach. Whether wanting to take advantage of a sale event or being first to ride away on the latest model, having the financing locked in with a pre-approved loan before looking at machines, can provide significant benefits. You may be eyeing off a specific model or possibly a great discount. But can you afford the purchase price? More significantly, will you be approved to borrow the amount you need to buy it? You may have a figure in mind of what you would like to borrow to buy the machine. But it is up to lenders to determine your borrowing capacity or loan limit. Lenders assess individual financials in determining the borrowing limit. Knowing how much they are approved to borrow allows buyers to confidently consider machines within their borrowing limit. This can assist in narrowing down the search and possibly saving time finding the ideally priced machine. Knowing their limit, buyers can also be quick to say yes and capture those limited offers and first release models. Pre-approved loans are simply loans that are approved before, or pre, purchase of the goods. That may even be before the machine has been selected. Buyers can apply for financing at any time. The same application approval criteria, interest rates, loan features and other details are applicable regardless of when the application is made. How long does the process take? Will pre-approval hold up your buying plans? Not with Jade. We can provide many applicants with approval of their loan application within 24 hours. What information will a pre-approved loan provide you? Conditional loan approval, approval before the final purchase, provides buyers with their borrowing limit and loan payment estimates based on an estimate of their loan. The amount you can borrow will be based on your financial position and the loan-to-value ratio of the machine. Good credit applicants may be approved to borrow a higher amount of the purchase price, such as no deposit finance. The interest rate on conditionally approved [Secured Bike Loans](/secured-motorcycle-loans) is based on the rate current at the time of application. The offer made with pre-approval is valid for a set time, possibly 30 days. If not used it expires. The specifics of the loan are finalised when the buyer has the deal done on the machine and the exact purchase price and loan is required is known. Buyers can also use our [Finance Calculator](/finance-calculator) to plan their financing. Purchase prices can quickly be converted to loan repayment estimates. This is a great way to see how advertised interest rates and bike prices actually relate to loan repayment estimates. When using the calculator, deduct any deposit you have saved from the purchase price and use that figure as the loan total. ## Tips to Buy a Motorbike at Sales Events Securing a pre-approved loan places buyers in an ideal position at sale time. But they should check any deals closely. Ensure it is a genuine discount or deal and that it represents true value for you, at this time. Even though the price may be reduced, is it the right machine for you and is the price in your affordability zone. Currently, buyers can take advantage of sales events that have already been launched. [KTM](https://www.ktm.com/en-au/powerdeals/power-deals-au.html) have a sale event running with savings across a range of models. Only for a limited time, so you’ll need to be quick and/or check with your dealer on availability and timing. Keep an eye out for more sales as the end of financial year approaches. The same preparation and pre-approved finance can be useful when a new model is launched. Buyers can be quick to capture the first units. Keep an eye out for new models such as the latest from [CFMOTO](https://www.cfmoto.com.au/), the 800MT-ES, which you should see in dealerships later in May. Use the estimated pricing of $18,500 when estimating loan payments with the Finance Calculator. **To be prepared to buy a motorbike at EOFY sales, contact Jade Bike Loans on [1300 000 003](tel:1300000003) for a pre-approved loan.** *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.* **Categories:** Bike Buying Articles --- ### [How to Save When Buying a Motorbike with Finance. Tips for cutting the cost of your purchase.](https://www.jadebikeloans.com.au/blog/bike-buying-articles/how-to-save-when-buying-a-motorbike-with-finance-tips-for-cutting-the-cost-of-your-purchase) **Published:** April 27, 2026 **Author:** Publisher **Excerpt:** When buying a motorbike, buyers can look to save on the price with dealer and maker discounts and on their finance with lower interest rates and other actions. **Content:** When buying a motorbike, buyers can look to save on the price with dealer and maker discounts and on their finance with lower interest rates and other actions. The recent fuel crisis appears to be attracting buyers to motorcycles. The [FCAI](https://www.fcai.com.au/strong-first-quarter-growth-in-motorcycle-sales/) reported strong sales in the sector from January to March this year compared with the same quarter of 2025. The sales were led by scooters and off-road models. While FCAI Chief Executive Tony Weber said it was too early to say whether the sales increase was as a result of the fuel crisis, it is expected that interest in motorbikes as an alternative form of transport would increase. It appears unsurprising as there are sure to be many buyers considering the switch from four to two-wheeled transport with the high cost of fuel, as we discussed in a recent blog post. For buyers, the strong sales may present an issue with securing lower prices. With sales strong, will there be any need for dealers and manufacturers to discount prices? Are there any deals to be found? If not, how can buyers reduce the cost of their purchase? We discuss some of the ways that buyers may save when buying a motorbike, both on the price of the machine and with their loan. ## Current Discounts and Special Offers The end of financial year sales will be coming up soon, but some manufacturers already have special offers available. [Yamaha Motorcycles](https://www.yamaha-motor.com.au/buying/offers/2026/january/dark-side-savings) has offers available, while stocks last, with a deal running from January through to the end of June this year. Honda also recently had a promotional offer with a $400 discount that ended on 30 April 2026. So manufacturers appear to be regularly running campaigns on selected models. Buyers may do well to cover off on numerous makers to find the most affordable, and possibly widen their scope of preferred brands to consider alternatives. It could mean a savings on the purchase price. ## Buying a Motorbike with Cheaper Finance While buyers may have to wait for the next big sale season — EOFY — to get a price discount, there are ways that buyers requiring finance can save on their loan. One of the keys to cheaper motorcycle finance is securing [the lowest possible interest rate](/motorbike-loan-interest-rates). To secure that very important lowest rate, buyers should consider two perspectives – the lender and their own buyer side. Interest rates on loans for motorcycles can vary considerably across the market. Some lenders may offer a general personal loan for a range of goods which would include motorcycles. Other specialist sources, such as Jade Bike Loans, offer [a loan tailored for the purpose](/secured-motorcycle-loans). Rates are offered individually as they are based on the financials and credit profile of the applicant and specifics of the loan requested. To find which lender will offer them the best rate at any particular time, buyers may have to request multiple quotes. This process can impact their credit score. A faster and more reliable approach, and one that does not impact the credit score, is to use a finance broker. We have connections with 80+ lenders and quickly cover the market to find customers their most suitable lender, loan and their best rate, ensuring the cheapest possible loan is secured. From the buyer’s perspective, issues to consider are the financial position and credit score. Reducing debt levels can improve their balance sheet and contribute to a better rate. If there are errors on the credit report, fixing these before applying is highly recommended. Rates represent risk — specifically the risk assessment of lenders extending funds to that individual. In addition to the credit score and financials, lenders will be looking at how much the buyer wants to borrow. Specifically, the amount of the loan compared with the price or value of the machine. A lower ratio of loan to value can present a lower risk and attract a better rate. This may be achieved by making a larger downpayment on the machine to the dealer. Buying a second-hand machine can present a good way to secure a machine at a lower price. But buyers should be aware that rates and loan conditions can be different for used motorcycles. In addition, maintenance and repair costs may be higher on the used machine over the first few years of ownership. Request quotes on both options to assist with your decision. ## Prepare when Buying a Motorbike We provide a [Finance Calculator](/finance-calculator) tool to assist buyers to prepare for their purchase. This tool is used to calculate estimated loan payments based on the figures entered by the user. Different models at different prices can be compared. Repayments on different loan amounts can be calculated to assist with deciding on the down payment. The ultimate preparation can be to apply for finance before buying. With conditional loan pre-approval, you’ll know how much you are approved to borrow, have rate and repayment quotes, and can select a machine to suit your finance. **For help to save when buying a motorbike with finance, contact Jade Bike Loans on [1300 000 003](tel:1300000003).** *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.* **Categories:** Bike Buying Articles --- ### [How AU EU Free Trade Agreement May Impact Motorcycle Price](https://www.jadebikeloans.com.au/blog/industry-news/how-au-eu-free-trade-agreement-may-impact-motorcycle-price) **Published:** April 13, 2026 **Author:** Publisher **Excerpt:** The AU EU Free Trade Agreement is the agreement between the European Union and Australia to remove most of the trade tariffs on both imports and exports. **Content:** The AU EU Free Trade Agreement is the agreement between the European Union and Australia to remove most of the trade tariffs on both imports and exports. With so much attention, both by Government and in the media, of the fuel situation and Middle East crisis, this deal may have gone unnoticed for many people. As the deal represents increased opportunities agricultural producers, buyers in many other markets may have missed the announcement. The removal of tariffs applies to many imports from Europe including motor vehicles and equipment related to transport. That should include motorbikes from Euro manufacturers including some of the big names such as BMW and Ducati. That means, prices should come down. In commenting on the effect of the agreement on the car market, Tony Weber from [the FCAI](https://www.fcai.com.au "the FCA") which also represents motorbike manufacturers, welcomed the development. Mr Weber said it brought Euro-sourced motor vehicles in line with imports from Asian markets. The agreement should be good news for those considering a Euro-sourced machine in the near future. It may also bring higher-end models within the affordability zone of many other buyers. Broadening the market for riders to obtain these sought after brands. ## What is the AU EU Free Trade Agreement? Countries impose tariffs on goods being imported into their market, according to their own policies. These policies may be to protect their own industries. Many countries seek free trade arrangements with key markets to provide greater opportunities for their own producers. Australia and the European Union have had tariffs on both sides. Australia imposes a tariff on imports of around 5% on many goods. The EU has tariffs and other restrictions on imports from Australia, many to protect their own agricultural sector. In 2018 negotiations commenced between the two markets to establish a free trade agreement (FTA). After 8 years, these negotiations came to fruition at the end of March 2026 with final details and an implementation date to be announced. Essentially, most tariffs on Euro sourced products imported into Australia will be removed. Producers exporting to the European Union market will see many trade barriers removed. For Australian buyers, they may expect that approximately 97% of goods from the European market will see a price reduction with the tariff removal. ## Effect on Motorcycle Prices Tariffs are applied on the importer and the import price at the point of entry to a country. For motorcycles, this means the importer would be subject to paying the approximately 5% tariff. The total cost would be incorporated into the price offered by dealers. Buyers are not charged these tariffs on top of the purchase price. Buyers can expect that pricing on Euro brand machines will be reduced by the amount of the tariff reduction. These may apply to models from manufacturers such as Husqvarna. Aprilia, Ducati, [Moto Guzzi](https://www.motoguzzi.com "Moto Guzzi") and BMW Motorrad. Any savings which will be appreciated by buyers. The removal of the tariff and any resultant price cuts would apply to new stock coming into the Australian market after the FTA is fully implemented. The Australian Government has not yet released this date. Buyers should not expect to see pricing on current models already in dealerships and with wholesalers to change. The FTA would not affect second-hand machines. ## EU Free Trade Agreement and Motorcycle Finance Removal of tariffs on motorcycles imported from the European Union would not change motorcycle finance. Loans are not subject to trade tariffs. The features and format of loan products, specifically a [Secured Motorcycle Loan](/secured-motorcycle-loans), are set by lenders, with some similarities. [Interest rates](/motorbike-loan-interest-rates) will also not be affected by the FTA. Lenders set their own rates based on the cash rate which is set by the Reserve Bank. The assessment process for determining rate offers to individual applicants would remain unchanged. If inflation were to fall significantly on the back of reduced prices for EU imports, this may result in the RBA announcing a cut to the cash rate. But a fall in inflation may be the result of changes in many prices. While the rate offered and the loan required will not change with the FTA, what may change is how much is required for a loan on EU imported machines. Lower prices may mean buyers will need to borrow less to make their purchase. To get loan estimates based on guesstimates of new pricing after the FTA comes into effect, use our Finance Calculator. If you are wondering if you may be able to afford a Euro brand motorcycle if the prices were to come down, apply for conditional loan approval. This approval is given prior to the purchase and provides buyers with their borrowing power – how much they can borrow, and a loan quote. The quote is subject to finalising after the sale and based on interest rates at that time. **To take advantage of potential lower motorcycle prices on some brands after the EU Free Trade Agreement comes into effect, [contact Jade Bike Loans on 1300 000 003](tel:1300000003) for a finance quote.** *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.* **Categories:** Industry News --- ### [With increase in interest rates, should you buy new or used? Compare New and Used Motorbike Finance](https://www.jadebikeloans.com.au/blog/bike-buying-articles/with-increase-in-interest-rates-should-you-buy-new-or-used-compare-new-and-used-motorbike-finance) **Published:** March 4, 2026 **Author:** Publisher **Excerpt:** With lending rates recently increased and more increases possible, buyers can compare new and used motorbike finance rates and conditions for their best option. **Content:** With lending rates recently increased and more increases possible, buyers can compare new and used motorbike finance rates and conditions for their best option. Interest rates are key to the cost of loan repayments, the total loan payable and the overall acquisition cost of the machine. With the market rates increase with the recent decision by [the Reserve Bank (RBA)](http://www.rba.gov.au "the Reserve Bank (RBA)") buyers may be considering their options. The outlook for future RBA decisions appears to trend towards further rate increases in coming months. This is based on Australia’s inflation rate and the situation in the Middle East has further added to the prospect of a rate rise. Rates on consumer loans for motorcycles will still vary across the market and Jade continues to be well-placed to secure highly competitive rates with our extensive market coverage. But for buyers seeking their most affordable loan, opting for second-hand rather than new may be the solution. How do the numbers stack up? While the price of a second-hand machine will generally be less than a brand-new model, buyers requiring financing need to consider how the loans compare. ## Compare New and Used Motorbike Finance Features First, consider the type of loans required for second-hand and new motorcycles. These are [Secured Motorcycle Loans](/secured-motorcycle-loans) and [Unsecured Personal Loans](/unsecured-personal-loans). Secured loans are the preference for most buyers as they attract lower rates and potentially better terms and conditions than unsecured loans, with most buyers not required to provide extra collateral. But the machine needs to be accepted as loan collateral for a Secured Motorcycle Loan. New machines are generally readily accepted as loan collateral, as are quality, recent second-hand models in good condition. The amount approved for a second-hand motorcycle loan as a percentage of the purchase price may be less than the amount approved for a new motorcycle. While the price may be less for second-hand, buyers may require a larger deposit than for a brand-new model. Lenders will be considering the LVR – loan-to-value ratio. The value of a second-hand machine purchased from a dealer may actually be considered less than the price paid. Why? Lenders may assess the value as resale value which may be determined by wholesale not retail pricing. While this will be the process for both new and second-hand machines, the variations with second-hand machines may be greater than on new models. The features of consumer lending products vary across the market. Lenders can have upper and lower limits for their specific loan products. We assist by selecting the lender from our large lender base with the criteria to match the buyer’s profile and loan requirements. The terms may vary for latest model and second-hand motorcycle loans. Lenders consider the value of the machine at the end of a term when determining the loan conditions they will offer. A brand-new machine may be seen as retaining a higher value over a longer period. The age and condition of second-hand machines are considered by lenders. A trade-in may be used to reduce the price and therefore the loan required on both new and second-hand. Riders may consider selling their current machine privately rather than trading in as often better prices can be realised through a private sale. Dealers will be offering a wholesale value as they will need to on-sell the machine and will be putting a mark-up on the price they pay to acquire it. ## Compare New and Used Motorbike Finance Rates Rates on loans for brand-new and second-hand motorcycles can vary, with better rates for newer machines. The best rates advertised by consumer credit lenders will be for new goods. [Rates are different](/motorbike-loan-interest-rates) for secured and unsecured loans. Secured loans offer lower rates as the lender has the machine as collateral should the borrower default on the loan. Unsecured loans do not require collateral, hence the interest rate is higher. Rates on secured loans are fixed so the rate and repayment will not change over the fixed term. Rates on unsecured loans are often variable. This means they may change with RBA and lender rate changes. With rate increases strongly tipped by the markets, an unsecured loan may result in higher repayments early in the repayment term. Individual rate offers will depend on the size of the loan, the percentage of the loan compared with the value or price of the machine, and the buyer’s credit score and financials. Buyers can request a quick quote on both machines being considered for a rate to use in repayment comparisons. With your individual rate quote, you can use [our Finance Calculator](/finance-calculator) to work up figures on different models to compare and make your buying decision. The calculator is also useful for varying loan amounts to see how repayments change to help with deciding on the deposit. ## Compare Ownership Costs While not related to the financing, buyers may also consider the additional costs and ongoing expenses of ownership. Consider the difference between registration and insurance on new vs second-hand, and the annual servicing and maintenance costs. While the second-hand model may have a lower price tag, the overall cost of ownership over a loan term may negate some of those savings. **For quotes to compare new and used motorbike finance, contact 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.* **Categories:** Bike Buying Articles --- ### [Fuel situation have you thinking 2 rather than 4 wheels? Assess Your Motorbike Loan Options](https://www.jadebikeloans.com.au/blog/bike-buying-articles/fuel-situation-have-you-thinking-2-rather-than-4-wheels-assess-your-motorbike-loan-options) **Published:** March 3, 2026 **Author:** Publisher **Excerpt:** Car owners may consider their motorbike loan options to switch to two rather than four wheels in the current fuel shortage and price hike situation. **Content:** Car owners may consider their motorbike loan options to switch to two rather than four wheels in the current fuel shortage and price hike situation. Motorbikes can be more economical on fuel than cars, a prospect which may be extremely attractive in the current situation. Enabling owners to continue to meet their commitments with the work commute and getting to personal engagements. Plus, bikes are easier to park which can be a major advantage in big cities where parking comes at a premium. Car owners may choose to buy a motorcycle to use for commuting and solo travel and keep the car for when extra passengers or loads need to be transported and for longer trips. The fuel situation may also have current bike owners considering switching to an electric model to ease the stress of fuel issues and realise even more benefits. Especially keeping those road trips and weekend rides on the agenda. Whether switching from four to two or from petrol to electric, the financing is going to need to be workable and affordable. Despite the Reserve Bank lifting rates at its February and March meetings, competitive rates on motorcycle finance are achievable through Jade. We cover off on your finance options and how to get fast approval to accelerate your purchase process. ## Unsecured and Secured Motorbike Loan There are essentially two types of consumer loans for financing goods such as motorbikes – secured and unsecured. A major difference is the collateral for the finance. With a [Secured Motorbike Loan](/secured-motorcycle-loans), the machine is accepted by the lender as the collateral. Many buyers will not need to provide additional assets as finance security. As the name implies, an [Unsecured Personal Loan](/unsecured-personal-loans) does not require collateral. As lenders have no security for recouping outstanding monies if the borrower defaults, unsecured loans have higher interest rates than secured loans. Most buyers of new models and good quality second-hand machines will be opting for a secured loan. This type of credit can be used for all types and brands of motorcycles including electric models. The interest rate is fixed as is the repayment term. Providing a set number of fixed monthly repayments for easier budget management. How much a buyer is approved to borrow – no deposit or a percentage of the purchase price, will depend on the lender and loan applicant. Lenders assess applications for the applicant’s borrowing capacity – how much they are prepared to lend to that individual at a certain interest rate. A lower rate increases the borrowing capacity. Insurance is required for goods purchased with secured loans. Policy rates will vary with lenders and the machine details. ## New vs Used Motorbike Loan If purchasing a motorcycle as a second form of transport to a car, or if buying with a close eye on your budget, then you may be drawn to the second-hand market. Prices are lower and good quality used motorcycles can be available. There can be differences between loans for new and used motorcycles. First, the lender must accept the machine as suitable collateral if seeking secured finance. Most quality used machines will be acceptable collateral. The percentage of the value or purchase price which a lender will approve for the finance can be less on a used compared with a new machine. Interest rates can also vary. If considering both new and used, request finance quotes for both to assist with your purchasing decision. ## Motorbike Loan Interest Rates Interest rates vary with lenders, with credit products and for individual applicants. The financials and credit score of the applicant is key to achieving the best possible rate. To assist buyers, we find them their best possible rate from across a large lender selection. Not only saving them time, but saving negative impacts on their credit report by requesting quotes from multiple lenders. A lower percentage of loan compared with the value of the machine can deliver a lower interest rate. For buyers, that means considering their downpayment. Make a larger deposit and not only reduce the loan required and the monthly commitments, but also potentially be offered a lower rate. Lower rates also mean lower payments. Review [our latest rates](/motorbike-loan-interest-rates) for planning purposes and use our Motorcycle Finance Calculator to get estimates to establish your budget and set purchase price targets. ## Electric Motorbike Market Electric motorcycles are not e-bikes or e-scooters. These are motorcycles with an electric motor. According to reports, demand for these models in Australia has not been high. But there are a number of less well-known brands offering riders this option. Researching the market is strongly advised. Brands like [Zero](https://australianelectricmotorco.com/zero/), Evoke and Energica and Melbourne-based [Savic Motorcycles](https://www.savicmotorcycles.com/ "Savic Motorcycles") are some to look for. These machines require less servicing which may reduce overall ownership costs. There are downsides which buyers should research when considering the different makes and models. These may include long charging times and of course range. The range issues may be overcome by simply planning longer stops on a road trip. For those wanting an electric ride for daily commutes only, this may present a very astute budget decision. Also check licence requirements for electric motorcycles in your state and what models are LAMS approved for new riders. Riders may need to be more aware and take greater caution when riding an electric machine in pedestrian areas. Pedestrians and even drivers may not hear the quiet engine! ## Fast Motorbike Loan Approval If you’re wondering how you are going to fill your motor vehicle tank this week to get to work or how you’re going to budget the higher prices, getting onto two wheels could be a high priority. We can help you out by having your finance application approved within 24 hours, for most buyers. For even more convenience, submit your application for conditional approval before you start test-riding and be ready to ride out of the dealership on your new wheels asap. **For fast motorbike loan approval at competitive rates, contact Jade Bike Loans on [1300 000 003](tel:1300000003).** *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.* **Categories:** Bike Buying Articles --- ### [What is ASIC? How does ASIC affect motorbike loans?](https://www.jadebikeloans.com.au/blog/bike-loan-tips/what-is-asic-how-does-asic-affect-motorbike-loans) **Published:** March 20, 2026 **Author:** Publisher **Excerpt:** ASIC is the Australian Securities and Investment Commission, an independent body that regulates Australia’s consumer credit and other financial service sectors. **Content:** ASIC is the Australian Securities and Investment Commission, an independent body that regulates Australia’s consumer credit and other financial service sectors. The Commission regulates not only the consumer lending sector, but also the corporate sector and other areas of the financial service industry. Businesses obtain ABNs through ASIC, and the Commission regulates many of the activities of Australian business operators. The Commission is independent of the government with the commissioners appointed not by the government, but by the Governor-General. This is in line with other statutory bodies. [The Commission](https://www.asic.gov.au) has a range of duties and roles in the consumer credit sector – the financial sector which encompasses personal loans for goods such as motorcycles. Regulating lenders as well as providing education for consumers via the very informative [Moneysmart](https://www.moneysmart.gov.au) website. Buyers seeking loans may be wondering, in its regulatory role, what effect will ASIC have on their motorcycle finance? We explain. ## What is ASIC Impact on Bike Finance ASIC is not a bank or lender. Buyers requiring finance do not contact the Commission to obtain a loan. The Commission does not provide credit or accept or review loan applications. The Commission’s role is to regulate the consumer lending sector by issuing Credit Provider Licences to companies that do provide finance. It also set the guidelines by which lenders – banks, finance companies and brokers, must operate in regard to loans for consumers. Consumer finance includes loans to individuals such as our [Secured Motorbike Loan](/secured-motorcycle-loans) and Unsecured Personal Loans. All providers of loans for motorbikes must be a Licensed Credit Provider with their licence number displayed. These licences are issued by the Commission. If offered credit say by a dealer or other non-bank company, ensure they have a credit provider licence. Licences can be checked on the ASIC website. The Commission sets the requirements for consumer credit applications – the eligibility and the documentation required to apply for loans such as for a motorcycle. It also sets guidelines for lenders in approving loans. Specifically, that a lender must not offer credit to an individual that is deemed unsuitable for that person. In addition to the guidelines and requirements set by ASIC, lenders will have their own criteria for certain loans and interest rates. ## ASIC Motorbike Loan Requirements When applying for a loan for a motorcycle and other goods, extensive detail and documentation is required to be provided. These criteria are included in the National Credit Code which falls under the National Credit Act. Applicants must meet certain eligibility criteria. These are set by ASIC and include:- being over the age of 18 years; providing accepted forms of identification; having Australian citizenship or holding an acceptable visa; having residential address; and employment or source of income. A range of documentation is required to verify the details. These include payslips, income tax returns, bank statements, identification such as passport, driver’s licence, Medicare card and similar. When assessing applications, responsible lenders must abide by the guidelines which, as noted above, include not approving a loan which is not suitable for the applicant. If a person has a loan application rejected, it may be due to not meeting the requirements that the lender must follow. While there may seem like a lot of documentation and detail to provide when applying for a loan, the ASIC rules and guidelines are in place to protect consumers. ## What is ASIC Effect on Interest Rates The Australian Securities and Investment Commission is not responsible for Australia’s official cash rate and the interest rates offered by lenders. The Reserve Bank sets the cash rate. Lenders set their rates for their different loans based on the cash rate, their funding costs and guidelines. Rates offered to individual applicants will be determined by the lender’s assessment of the loan application and the review of the credit score and report. The Commission may be seen to have an indirect effect on interest rate offers with the guidelines set for lenders to approve loans. Loan offers which are unsuitable to individuals must not be made. If a loan at a certain rate does result in payments which are not deemed workable for that applicant, the loan at that rate will not be approved. ## What is ASIC Effect on Your Individual Loan? Jade Bike Loans is a licensed credit provider, and we abide by the Responsible Credit Guidelines as set by ASIC. By using our broker services, applicants not only have their best interests addressed, but are provided with expert advice and guidance with their loan application. Buyers can trust us to ensure that their finance is secured at the best possible rate and that all relevant rules and regulations have been met. **For details on what is ASIC impact on your motorbike loan, contact Jade Bike Loans on [1300 000 003](tel:1300000003).** *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.* **Categories:** Bike Loan Tips --- ### [Does RBA rate rise mean motorbike finance interest rates are going up? Can buyers still get good rates?](https://www.jadebikeloans.com.au/blog/bike-loan-tips/does-rba-rate-rise-mean-motorbike-finance-interest-rates-are-going-up-can-buyers-still-get-good-rates) **Published:** February 16, 2026 **Author:** Publisher **Excerpt:** Motorbike finance interest rates may increase from some lenders with the RBA cash rate rise but buyers can seek help from a broker to find their best offer. **Content:** Motorbike finance interest rates may increase from some lenders with the RBA cash rate rise but buyers can seek help from a broker to find their best offer. The Reserve Bank (RBA) decides on what is known as Australia’s cash rate. This is the rate of interest that banks and other lenders are charge on overnight borrowings. The cash rate is not the rate of interest on consumer and other types of loans. Banks and non-bank lenders are not required by law or other regulation to change their lending rates in line with RBA cash rate decisions. Lenders set their rates based on their own analysis of the market, interest in lending to a certain sector, and their funding costs. Changes to motorbike finance rates will vary across the lending market following a decision by the RBA. The rate offered on loan products and to individual buyers will vary across the market. Buyers looking to secure a good rate on a motorcycle loan may face the prospect of having to contact multiple lenders. To make that process faster and not impact their credit score, buyers can use a finance broker to find their most suitable and cheapest motorbike loan offer. We provide this explainer to assist buyers understand the current rate market, how RBA decisions impact motorcycle loans and the ways buyers can still get a good loan rate. ## RBA Decisions and Motorbike Finance Interest Rates At its 3 February meeting, the Monetary Policy Board of [the RBA](https://www.rba.gov.au "the RBA") announced it was raising the official cash rate by 0.25% to 3.85%. When the Reserve Bank announces a cash rate rise, it can create confusion for buyers seeking loans in many markets, including for a new motorcycle. This may have been intensified with the February decision as it was only in August last year that the RBA actually cut the cash rate. At that time the markets were expecting further rate cuts to follow. Unfortunately, what did follow was a surge in the rate of inflation, which is a key indicator of economic activity, watched closely by the RBA. The Governor of the Reserve Bank, Michele Bullock, said in the February Monetary Policy statement that inflation rate would likely remain higher than the 2-3% target for some time. Ms Bullock also noted uncertainties globally and domestically which the Board was taken into consideration. The next Monetary Policy decision will be announced on Tuesday 17 March. The RBA will be closely watching the inflation and employment statistics released by the [Australian Bureau of Statistics](https://www.abs.gov.au "Australian Bureau of Statistics") in the lead-up to that meeting. When the RBA changes the cash rate, lenders in the home loan market, especially the major banks, typically pass on that change – up or down, to their mortgage customers very quickly. In other markets, such as personal loans for goods such as motorcycles, rate changes can be varied. On the back of their analysts’ forecasts, lenders that are expecting a cash rate change may alter the rates they are offering before the decision is announced. Other lenders may make changes to the same or a lesser degree than the RBA decision and some leave their pricing of some products the same to hold a competitive edge. To find out which lender is offering the best rate on a personal loan for a motorcycle, buyers will need to cover off on as much of the market as possible. Being mindful that the rate advertised will be for new machines and for buyers that have a good credit score. To obtain the exact rate a buyer will be offered requires requesting a quote or conditional approval. Applying for the same loan from numerous lenders can have a negative impact on the applicant’s credit report. Alternatively, loan seekers can engage the services of a finance broker that has accreditation with many lenders in the consumer lending market. Brokers, such as our Jade experts, can quickly match buyers with lenders and find the best offer without the process impacting the buyer’s credit report. ## Tips for the Best Motorbike Finance Interest Rates It is extremely important to secure the [best possible rate](/motorbike-loan-interest-rates) when taking on finance. The rate determines the total interest to be paid on the loan which adds to the cost of the purchase of the motorcycle. A higher rate can mean higher monthly payments and potentially a longer time to repay the loan. Using [our Finance Calculator](/finance-calculator), buyers can easily see how the interest rate affects the amount due each month and the total interest on the loan. To ensure they secure their best rate, buyers can improve their financial position by paying off other debts and reducing expenses. Possibly cancel monthly subscriptions which are not being fully utilised. This may improve the credit score and prospects to be offered a lower rate. Buyers can also give consideration to how much they are planning to borrow. Lenders will determine the borrowing power but borrowing a smaller percentage of the overall price of the machine, lowering the loan-to-value ratio, may mean a better rate. Buyers can also use our expert services with connections and leverage with lenders to ensure they secure their best rate. Review our latest rates as a guide to the possibilities. **For the best motorbike finance interest rates, contact Jade Bike Loans on [1300 000 003](tel:1300000003).** *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.* **Categories:** Bike Loan Tips --- ### [Interested in Electric Motorbikes? Models, Deals and Finance Options Available](https://www.jadebikeloans.com.au/blog/bike-buying-articles/interested-in-electric-motorbikes-models-deals-and-finance-options-available) **Published:** February 21, 2025 **Author:** Publisher **Excerpt:** Electric motorbikes are available in Australia from Zero and Kawasaki and can be financed with secured and unsecured loans through Jade Bike Loans. **Content:** Electric motorbikes are available in Australia from Zero and Kawasaki and can be financed with secured and unsecured loans through Jade Bike Loans. BMW discontinued its electric model but still offers a scooter. Other manufacturers such as Zeeho and FONZ have electric motorcycles and reports have news that several others coming to market in the not so far off future. Availability of charging facilities and purchase price have been major obstacles to the take-up of electric vehicles – both two and four wheels, in Australia. The FCAI reported just 429 of the just over 94,000 two-wheel machines sold in 2024 were electrified models. But with costs of living and environmental issues of significance to many riders, these eco-friendly and economical models may be worth considering. Especially with some of the current deals available through Zero Motorcycles and affordable Kawasaki pricing. An eco-friendly machine can be affordable and buyers requiring finance should also take into consideration their loan and savings on maintenance and fuel when doing their sums. Even where the pricing is above a petrol option, with our competitive rates an electric model may be an affordable alternative. ## Available Electric Motorbikes Brands, Models [Zero Motorcycles](https://www.zeromotorcycles.com.au/ "Zero Motorcycles") is a Californian brand which produced its first prototype in 2006 and embraces technology and innovation in developing their machines. The range includes naked street, adventure, dual sport and all-terrain models. Kawasaki offers models which are seen as equivalent to their 125cc petrol models – the [Ninja e-1](https://www.kawasaki.com.au/en-au/motorcycle/electric/ev/ninja-e-1 "Ninja e-1") and Z e-1. The Ninja is a well-known commuter model, and the e variant features no clutch operation, a number of options for charging and two lithium-ion batteries which can be easily removed. Both these models are available at what could be considered good value at below $11,500 ride away. The brand is due to introduce two new models into their Australian range soon. ### Zero Electric Motorbikes Deals As at February 2025, Zero is running a run-out model promotion with significant savings to be found on 2023 and 2024 models. A $1200 savings is available on the 2023 S model, reduced to just under $12k. Similar savings are offered on other 2023 S and DS models including the DS Power Plus now available at $16,750. Even greater price reductions are being offered on 2024 models. The S reduced by $2500 to just under $28k and FX models reduced by $5,000. Bringing the FXE and FX models in under the $20k mark and the SR/F just under the $40k price point. Run out sales are always while stocks last. If these machines and the pricing appeal to you, contact Zero to confirm availability and contact us to arrange your financing. Loans can be pre-approved so buyers can be ready to buy on their first test ride and avoid missing out on models with low stock availability. ## Loans for Electric Motorbikes The same credit products can be used to finance both petrol and electric-powered motorcycles. The same interest rates, terms and conditions apply. Most buyers requiring finance for new motorbikes will select a [secured loan](/secured-motorcycle-loans). This format is straightforward as the machine is accepted as collateral for the loan, with many buyers not needing to put up other assets as loan security. With the security locked in, this type of loan attracts better interest rates than an unsecured product. We source you most suitable lender to deliver a fixed interest rate, fixed term and fixed repayment loan to best meet your requirements. Some lenders have offered special deals and ‘green loans’ for electric cars in the past. Where any special offers are available on electric motorcycles, our brokers will source the most affordable option for your consideration. With more than 80 lenders in our lender panel, we are well-placed to be across the latest lender offers on eco-friendly machines. ## Comparing Electric Motorbikes – Price with Finance The prices of the different EV models vary considerably from around the $12k mark right up to $40k, with a number of Zero models priced in the mid-$20k range. What may be a deciding factor in the purchase for many buyers is the loan repayments. How much more per month would it cost to buy the higher priced model? Buyers can use our [Finance Calculator](/finance-calculator) to estimate their loan repayments based on the price of as many machines as they want. Use the price as the loan total for guide purposes. Your specific approved loan amount will be dependent on the lender’s assessment of your application and credit score. Simply change the loan total entered to compare monthly repayment estimates on a different priced machine. While all decisions around taking on finance are based on personal situations, financials and circumstances, when buying an eco-friendly machine, take into account any savings you may realise compared with buying a petrol-powered model. **To secure affordable finance on electric motorbikes, contact 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.* **Categories:** Bike Buying Articles --- ### [Who is eligible for a motorbike loan?](https://www.jadebikeloans.com.au/blog/bike-loan-tips/who-is-eligible-for-a-motorbike-loan) **Published:** February 2, 2026 **Author:** Publisher **Excerpt:** To be eligible for a motorbike loan, buyers must meet the Consumer Credit Laws regulations which include being over 18, having employment and documentation. **Content:** To be eligible for a motorbike loan, buyers must meet the Consumer Credit Laws regulations which include being over 18, having employment and documentation. All lenders offering loans to consumers must abide by these [ASIC](https://www.asic.gov.au "ASIC") regulations when assessing finance applications. That includes banks, finance companies, brokers and dealers offering loans through their finance partner. When taking on consumer credit, buyers should check that the lender is a licensed credit provider. The credit provider number should be displayed by the lender. Before considering that purchase, buyers can check that they are eligible for financing. They can even apply for their finance before the purchase so they are assured that they not only meet the criteria but are approved for the amount required for the purchase. ## Eligible for a Motorbike Loan? Checklist To be eligible to apply for a personal loan in Australia, applicants will need to be 18 years of age or over and have identification, be an Australian citizen or hold permanent residency and meet financial criteria. The financial eligibility requirements include having employment or income with verifiable documents to prove that income. These documents are typically payslips, tax returns and bank statements. Lenders may request documents for several months or even a year. Documents proving residency including place of residence is required. Financial details on expenses are also required for the application. These expenses will include regular living expenses, utilities, phone, subscriptions, rent, debts and current loans. Credit limits are taken into consideration when lenders assess applications for credit ratings. The limit, not what is current charged to the card, is assessed as potential debt. On the asset side, details of savings and other goods of value considered assets should be provided. Identification can be provided with an Australian driver licence, passport or other acceptable forms of ID such as birth certificate or Medicare card. Holding a full driver or motorcycle licence is not an essential requirement. If you are self-employed, tax returns for several years will be required with the ATO Notice of Assessment. If you are a business operator seeking commercial credit for a motorcycle you will need an ABN, ID and provide business financial documentation. To be eligible for business finance the motorcycle will need to be for use in the business operation under [ATO](https://www.ato.gov.au "ATO") rulings. Credit scores are checked by lenders for both individuals and business. A good credit score is generally required to be eligible for a motorbike loan. Good scores attract better rates but applicants with less than good credit scores may also be approved for finance. We have a large selection of lenders and match customers with the most suitable lender. When applying for a motorbike loan through Jade, your broker will assist you with completing your application form and advise all the documents you need to provide. ## Are learner riders eligible for a motorbike loan? Learner riders that meet ASIC and lender criteria can be approved for motorcycle finance and can proceed to purchase a LAMS approved model. Most manufacturers offer LAMS approved models in their range. If the learner rider does not meet the criteria as they are under 18 or are over 18 but do not have all the documents required, options are available to get finance for a motorcycle. A very popular option for young and learner riders is to arrange a loan guarantor. A guarantor is a person who guarantees a loan for another person. The guarantor must meet all the criteria and be approved by the lender. Typically, young loan applicants will ask their parents or guardians to go guarantor for their finance. The role of the guarantor carries responsibilities which the individual should consider before agreeing to the arrangement. These responsibilities including paying out the loan should the applicant not be able to do so. To qualify for a guarantor loan, the loan applicant must still be over 18 years of age. Guarantor loans can provide benefits for younger people. They can provide the opportunity to start building their credit rating by making finance payments on time and allow them to purchase their own machine. When taking on secured finance, insurance of the machine will be required. Insurance premiums for learner riders may be higher than for experienced and older riders. Learner riders that are under the age of 18 will not be eligible for consumer credit and will need another person to take on a loan in their name for them. ## Eligible? How to apply for a motorbike loan If you meet the eligibility criteria then it’s time to apply for a [motorcycle loan](/approval). Buyers have the choice of applying for their finance before or after they have committed to a purchase. Getting approved prior to purchase can offer the additional benefit of knowing how much you are approved to borrow. Buyers can also use our [Finance Calculator](/finance-calculator) to get estimates of loan repayments as a guide to the pricing of machines they can afford. To start the application process, have your documents and ID ready to provide to our brokers. Applications for Secured Motorcycle Finance where the machine is being offered as collateral for the machine, details of the machine will be needed. When applying for finance before buying, an indication of the machine to be purchased can be provided. We handle everything with lenders once we have your details. Applications can be made online or by phone. Conditional approval is often received within 24 hours and buyers can proceed to finalise their purchase. **To confirm if you are eligible for a motorbike loan, contact 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.* **Categories:** Bike Loan Tips --- ### [Can I get a motorbike loan with no deposit?](https://www.jadebikeloans.com.au/blog/bike-loan-tips/can-i-get-a-motorbike-loan-with-no-deposit) **Published:** January 5, 2026 **Author:** Publisher **Excerpt:** A motorbike loan with no deposit may be approved for applicants with good credit scores, strong financials, subject to individual lender approval guidelines. **Content:** A motorbike loan with no deposit may be approved for applicants with good credit scores, strong financials, subject to individual lender approval guidelines. Borrowing the full purchase price of a motorcycle is appealing to many buyers. Allowing a machine to be purchased without dipping into savings which they may want to preserve for other purposes. While the downpayment or not may be a personal preference and will vary for different buyers. Some buyers will plan towards their purchase and save regularly to have a significant downpayment ready when it’s time to buy. For some buyers, saving is not a realistic possibility with the cost of living pressures or where a machine needs replacing unexpectedly. Some buyers may have a machine to trade-in which can be used to lower the purchase price. As the value of the machine would be considered at the higher pre-trade-in price, lenders may view the trade-in as a deposit. But a loan may still be required for the full purchase price. Loans without a downpayment are possible but will depend on meeting lender criteria and knowing which is the right lender. By choosing Jade to source their finance, buyers have access to a large lending market and experts that know the lender criteria and can select the most suitable lender. A lender that may approve your finance for 100% of the machine’s purchase price. While there can be positives to buying without a downpayment there may also be downsides which should be considered with this major financial decision. ## Eligibility for Motorbike Loan with No Deposit To be eligible for consumer credit, whether with or without a down payment, buyers will need to meet standard criteria which include ID, employment and providing documents to verify income, expenses, debts, residency and other details. Not all buyers and not all machines may be eligible for finance of 100% of the purchase price. Lenders will be looking at the loan-to-value ratio when approving loans where the machine is the finance collateral such as [Secured Motorcycle Finance](/secured-motorcycle-loans). That is, the amount of the finance compared with the value of the machine. Prospects can be better for new machines compared with second-hand. The value of a used machine may be less than the purchase price, especially when dealer charges are added. Under [ASIC](https://www.asic.gov.au "ASIC") Consumer Credit Laws, lenders cannot approve loans which they deem unsuitable for the borrower, or they deem the borrower cannot accommodate. Finance for the full purchase price of a machine may be considered unsuitable for the buyer. Having a good credit score may be essential for approval of a larger loan amount that covers the complete purchase. Refer to directives on [Moneysmart](https://www.moneysmart.gov.au "Moneysmart") for ways to improve your credit score before applying for motorcycle finance. While a good credit score may mean getting approved without a downpayment, it may also mean a better interest rate. ## Impacts of a Motorbike Loan with No Deposit A key positive of being able to get finance for a motorcycle without a downpayment may be convenience. It may enable buyers to make their purchase when they want rather than having to wait to save a suitable downpayment. If your machine has broken down and you need a new one for transport immediately, it may be a case of necessity rather than preference. But the full impact should be considered. Finance on the full purchase price will mean a larger loan is required. This means higher monthly repayments than if a downpayment is made to reduce the finance required and it will take longer to own the machine. The higher finance total means more interest will accrue over the term compared with what would accrue on a smaller loan. That interest adds to the acquisition cost of the machine. Meaning – your machine is costing you more with no downpayment finance. An issue which may be relevant if you choose to sell the machine before the end of the finance term. The higher finance total may also attract a higher interest rate as lenders may consider the loan a higher risk. A higher finance total may also have a negative impact on the individual’s credit score. This may come into play when applying for other loans in the future. ## Deciding Between Deposit and No Deposit Motorbike Loan How do you decide if no down payment finance is right for you? Buyers can start by using our [Finance Calculator](/finance-calculator). Calculate repayment estimates and total interest based on different finance amounts. These estimates may provide an indication of affordability to handle a loan on the full purchase price and assist in selecting a machine within an affordable price range. Key to your decision may be subject to the lender. Engage with a Jade broker before committing to your purchase. We can select you the most suitable lender and source loan offers prior to purchase. Providing essential information on which to make your buying decision. 100% finance is possible for many buyers. To find out if it is available for you, connect with Jade. **To find out your options for a motorbike loan with no deposit [contact Jade Bike Loans](/contact-us) 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.* **Categories:** Bike Loan Tips --- ### [Is there a best time to apply for a motorcycle loan?](https://www.jadebikeloans.com.au/blog/bike-loan-tips/is-there-a-best-time-to-apply-for-a-motorcycle-loan) **Published:** November 26, 2025 **Author:** Publisher **Excerpt:** Scheduling the best time to apply for a motorcycle loan based on personal circumstances or RBA rate decisions may assist in securing a better finance outcome. **Content:** Scheduling the best time to apply for a motorcycle loan based on personal circumstances or RBA rate decisions may assist in securing a better finance outcome. Buyers may choose to source finance before they select their machine or after they have confirmed pricing with the dealer. They may choose the timing based on personal financial circumstances. Astute buyers may follow the finance markets and schedule their finance application after the Reserve Bank has cut the cash rate. Enthusiasts may follow the used motorbike market and time their new machine purchase to capitalise on good resale prices on their existing machine. What is the best time for you? We provide a few points to put in the mix when you are deciding the ideal timing to purchase your machine with finance. ## Best Time to Apply for a Motorcycle Loan – Interest Rates Riders requiring finance for a new machine will be wanting the best possible interest rates. Rates on consumer loans vary with lenders and will vary over time. Lenders can make changes to their lending rates in line with the timing of [Reserve Bank](http://www.rba.gov.au "Reserve Bank") cash rate decisions. Lenders are not compelled to change their rates when the RBA announces a cash rate cut. Many will cut rates on certain lending products to remain competitive in the market. Some lenders may ‘move early’ by changing their rates in anticipation of an upcoming RBA decision. Following the market, and particularly what is happening with the RBA, may provide insights into timing their application for the best rate offer. At its November meeting, the RBA was expected to announce a rate cut. But the surprise jump in inflation resulted in a hold on the cash rate. The prospects for the next rate cut are unclear. ## Better Buying with Best Time to Apply for a Motorcycle Loan Should you apply for finance before or after you’ve decided on your machine and agreed to a price with the dealer? Most buyers will typically find the machine and then consider their finance options. Scheduling the process of applying for finance before buying may contribute to a more streamlined purchasing experience. Applying before buying can provide buyers with important information which allows them to ensure the price of the machine they select is in line with their finance commitments. Applications for pre-approved financing on [Secured Motorcycle Finance](/secured-motorcycle-loans) can be submitted and approved about 4-6 weeks prior to purchase. Applicants are provided with conditional approval, their borrowing capacity, and a finance quote. Providing a clear indication of their repayments and a target purchase price for the machine they can realistically afford. This may speed up the purchase process by avoiding time test riding and checking out machines outside the budget. Buyers that have a machine to trade-in on a new model may keep an eye on the resale market for the ideal time to buy. Ensuring they receive the best price on their existing machine as a downpayment on the new model. Checking out what similar machines are selling for on used bike sales platforms may provide a useful guide. Depending on the machine and the dealer, private sales often attract better prices than trade-ins. By increasing the return on the existing machine, buyers may reduce the amount required for the finance. This can be a positive in reducing repayments and potentially reducing the interest rate offered. ## Personal Reasons for Best Time to Apply for a Motorcycle Loan Personal circumstances can be a major driver for deciding the ideal timing to purchase a new machine with finance. The obvious consideration is when you can afford it! But buyers may look to other aspects of the process of taking on finance. Lenders will be assessing income, debts and liabilities, and credit profile in determining the borrowing limit, interest rate and finance offer. If you are in line for a pay rise in the near future, waiting until after that comes into effect may improve the finance offer. Reducing liabilities can also be addressed. Paying off other loans improves the personal balance sheet. Timing the finance application in line with when those liabilities are finalised or reduced, may result in a better finance offer on the new machine. ## Securing Your Best Motorcycle Loan – at all times! If doing the research to determine your ideal finance application time is not for you, leave it to your Jade broker to find you the most affordable motorbike finance. We’re across lending markets and will always find buyers the right lender for the best rates and most affordable finance. Pre-application estimates can be obtained using [our Finance Calculator ](/finance-calculator)and our current interest rates. Applications may be submitted pre or post purchase, online or by phone for prompt attention and quick quotes. Providing buyers with the necessary finance information to make their purchase decisions. **If now is the best time to apply for a motorcycle loan for you, contact 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.* **Categories:** Bike Loan Tips --- ### [How can riders get lowest motorbike finance rates with no RBA cut in November?](https://www.jadebikeloans.com.au/blog/bike-loan-tips/how-can-riders-get-lowest-motorbike-finance-rates-with-no-rba-cut-in-november) **Published:** November 14, 2025 **Author:** Publisher **Excerpt:** To secure the lowest motorbike finance rates, riders can consider their loan amount, their personal finances, and engage a broker for extensive market coverage. **Content:** To secure the lowest motorbike finance rates, riders can consider their loan amount, their personal finances, and engage a broker for extensive market coverage. While these steps can be taken whenever a loan is required, they may be even more relevant now, with no recent cut to the cash rate from the RBA. The Reserve Bank left the cash rate on hold for November 2025. The lending markets typically follow RBA decisions. Meaning most lenders may also leave their consumer finance rates on hold, for now. But while there may not currently be rate reductions across the market, riders can still find lower rates with variations in the rates for motorcycle loans from different lenders. When could we see across the board rate cuts? We provide an update on the latest decision by [the Reserve Bank](http://www.rba.gov.au "the Reserve Bank") and tips on what riders can do to ensuring they are securing their best rate on a new motorcycle loan. ## November RBA Monetary Policy Decision At its meeting on 4 November, the Reserve Bank Monetary Policy Board announced the decision to hold the cash rate at 3.6%. While a November rate cut was initially expected by the markets, the release of the September Quarter Inflation figures cast doubt on that. The results revealed an increase in heading inflation to 3.2% with underlying inflation increasing to 3%. These are key indicators for RBA Monetary Policy decisions with the Board’s target 2-3%. While Michele Bullock, Governor of the Reserve Bank, said that there were temporary factors behind the surprise jump in inflation, the expectations are now that inflation will not start easing until next year. Ms Bullock said that while the Australian economy had recovered well, especially from the high inflation rates of a few years ago, both the domestic and global outlook were uncertain. No indication as to when rates may be cut or what the 9 December decision may be was provided. This is standard. The next meeting to decide the cash rate will come on Tuesday 9 December. But the commentary from analysts generally, points to no cuts until next year and possibly not as early as February. Rather than hope for changes in the lending market, riders requiring finance for a new machine can consider ways to achieve lower rates. ## How to get lowest motorbike finance rates? Consider loan amount. It can be considered a myth that buying a higher priced machine will attract a higher loan interest rate. That is not the necessarily the case. It is not the price of the machine as such, but the amount of the loan compared with the price that may affect the rate offer. A loan on a [top of the range Harley-Davidson](https://www.harley-davidson.com/au/en/index.html "top of the range Harley-Davidson") may attract as competitive rates as a loan for an entry-level KTM model. Key to the rates is how much the borrower requires for the loan, the lender, and their personal financial position. Let’s look at how the loan amount is a factor. Lenders will assess the application to determine how much they are prepared to extend to that individual, the borrowing capacity. This amount may relate to any type of motorcycle. The buyer usually decides how much of the purchase price they need to borrow. That is, how much they have available for a down payment with a cash deposit or their trade-in. The higher the percentage of the loan compared with the value of the goods being financed, the higher the risk to a lender. The higher the risk, the higher the rate – in general terms. Riders can target a lower interest rate by making a larger deposit or by selecting a lower-priced model. Allowing their available deposit to go further in reducing the amount required for the loan and potentially increasing the possibility of a better rate. ## Address Financial Position Credit scores and financials are integral to being approved for loans and to the rate offered by lenders. Before submitting a loan application, buyers can address their current financials and look for ways that they may improve their balance sheet – their assets to liabilities ratio. That is, what you earn and own compared with what you owe. This may be achieved by finalising existing loans and by reducing credit card limits. While the balance outstanding on a credit card may be for example only $200, lenders look at the limit on the card. For example, if the limit is $5,000, that is treated as a potential debt. Reducing that limit reduces the potential debt. ## How to find lender with the lowest motorbike finance rates Consumer finance rates vary across the lending market. Most lenders will display their latest rates on their website. Making it easy for buyers to get an indication of what is available. But those rates are only indicative. The rate offered to an individual applicant can vary from the best rate advertised. Buyers need to request a quote or apply to get their specific rate. In applying to many lenders to obtain options for comparisons, individuals face the prospect of potentially negative impacts to their credit score. An issue which can affect their ability to be offered the best rate. Using a finance broker averts that issue. We have access to over 80 lenders to cover in finding individuals their best rate, without any impact to the credit score. We focus on securing the most competitive rates – check out [our current rates](/motorbike-loan-interest-rates) and use [our Finance Calculator](/finance-calculator) for a guide to how those rates deliver affordable payments for your purchase. While buyers may have to wait a while for RBA action to reduce rates, competitive rates can be sourced by contacting Jade. **Don’t wait for the RBA to cut rates. Get your lowest motorbike interest rates by contacting Jade Bike Loans on 1300 000 003 for possible solutions.** *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.* **Categories:** Bike Loan Tips --- ### [What are the new NSW motorcycle rider regulations?](https://www.jadebikeloans.com.au/blog/industry-news/what-are-the-new-nsw-motorcycle-rider-regulations) **Published:** November 3, 2025 **Author:** Publisher **Excerpt:** New NSW motorcycle rider regulations will come into effect over coming years with new novice rider licence conditions and enhanced training and testing pathways. **Content:** New NSW motorcycle rider regulations will come into effect over coming years with new novice rider licence conditions and enhanced training and testing pathways. The reforms followed a Motorcycle Safety Roundtable held by Transport NSW and with information from the Motorcycle Graduated Licencing Scheme evaluation and research on rider training pathways. [The roundtable](https://www.transport.nsw.gov.au/roadsafety/what-we-do/nsw-motorcycle-safety-roundtable-2025 "The roundtable") was held in April to address concerns around the increase in motorcycle fatalities in the state. The event was a collaboration with road safety experts from NSW and other states, rider trainers and government agencies, who shared their knowledge on best practices on motorcycle safety. The attendees discussed a range of issues across several areas of safety. These included protective gear, education, training, licensing, motorcycle safety and road infrastructure. Issues focussing on initiatives to save lives and prevent serious injury. The outcomes of the event are several reforms which Transport for NSW is developing and that will be brought in over the coming years. While these reforms are not yet law, new riders and those in the process of starting training to get their licence, may benefit from the knowing the key areas for safety highlighted by the group. ## Why are there new NSW motorcycle rider regulations? The reason why the new reforms are required is to address the high number of fatalities involving novice riders. In announcing the reforms, Transport for NSW highlighted that learner riders are approximately 7 time more likely to be in a fatal crash than fully licenced motorcycle riders. They also not that the first months that a learner rider has their licence poses the highest fatality risk. The reforms coming out of the roundtable will focus on enhancing the training of riders and the testing pathways and applying new conditions on novice rider licences. ## Training and Testing Changes The reforms planned by Transport for NSW in the training and testing area include enhancing the pre-learner and learner phases. The objective being to better prepare riders for the risks of riding on the road. New online learning and testing is planned to enhance riders’ knowledge of the road rules, perception of hazards and increase awareness of safety risks specific to motorbike riding. A modernised Rider Knowledge Test will be offered online. The department says this follows the success of the launch of online Driver Knowledge Tests for motor car drivers in 2024. The pre-learner course will be extended. This will increase the amount of training time that novices spend with instructors before they can get a learner licence. On-road coaching sessions in small groups will be introduced at the learner phase. This is intended to provide learners with more supervised and personal on-road experiences. An optional learner’s journal will be available to support learners to gain on-road experience. The journal would assist learners to assess their level of skill and encourage self-reflection. The Motorcycle Operator Skills Test would be replaced with a more comprehensive assessment on-road, in real environments. Testing pathways for learners in areas that are not serviced will remain as is, with riders in these areas continuing with the kerbside test. The changes will also include a review of set fees for rider training. Government subsidies for novice rider training would continue. ## Changes to Novice Rider Licence Conditions A key element of the planned reforms is the wearing of mandatory safety gear. The Department notes that despite the benefits of reducing the risk and severity of injury, many riders are still not wearing appropriate safety gear. The reforms will include mandatory wearing of motorcycle gloves for P1 and P2 licence holders. The gloves must be compliant with the European Standard EN13594. Learner riders will also be required to wear high-vis vests while riding. This is seen as allowing them to be better seen by road users to assist in avoiding crashes. While the reforms are yet to be formalised and enacted into law, new riders, and those planning to start training, may benefit from being aware of what authorities consider are important safety issues. Novices can start by voluntarily implementing some of the reforms to increase their own safety. ## Novice and Learner Rider Gear and Safety Tips Transport NSW provides links to [Motocap](https://www.motocap.com.au/ "Motocap") to assist all riders to select their gear. This site provides information on safety ratings for helmets, gloves, pants and jackets. The Department also directs riders to [Ride to Live](https://ridetolive.nsw.gov.au/ "Ride to Live") for safety tips. Anyone considering getting their rider’s licence in NSW can find information on how to apply for rider’s licence in NSW at the [Service NSW website](https://www.service.nsw.gov.au/services/learner-rider-licence "Service NSW website"). ## Motorcycle and Gear Loans for Novice Riders If purchasing a motorcycle as a new rider finance is available with a [Secured Motorbike Loan](/secured-motorcycle-loans). To be eligible, applicants must be over 18 years of age and have income and employment. Where an applicant does not meet lender approval criteria, we may assist with how to get a loan with a Guarantor. If purchasing a machine with finance, it can be advisable, wear possible, to purchase safety gear in the same package so the cost can be covered by the loan. Riders looking to upgrade their gear or purchase new gear, may speak with us about an [Unsecured Personal Loan](/unsecured-personal-loans). **For details of motorbike loans for novice and learner riders, contact Jade Bike Loans on 1300 000 003 for possible solutions.** *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.* **Categories:** Industry News --- ### [What is the best motorcycle loan - variable or fixed rate? Why the best finance is not all about the interest rate.](https://www.jadebikeloans.com.au/blog/bike-loan-tips/what-is-the-best-motorcycle-loan-variable-or-fixed-rate-why-the-best-finance-is-not-all-about-the-interest-rate) **Published:** September 22, 2025 **Author:** Publisher **Excerpt:** To secure their best motorcycle loan, buyers should consider securing the lowest interest rate, the repayment term requested, and the amount they want to borrow. **Content:** To secure their best motorcycle loan, buyers should consider securing the lowest interest rate, the repayment term requested, and the amount they want to borrow. Achieving the ‘best’, most suitable finance involves not just focusing on the interest rate on its own, but taking into account the other components of the loan and personal situations and objectives. What is considered the ‘best’ finance can vary with individual buyer objectives. For some buyers, getting the lowest interest rate to ensure the cheapest overall purchase will be their aim. For some, it will be getting the longest possible term to pay off the bike, so the monthly repayments are the lowest possible. While for others, the ‘best’ outcome will be borrowing the complete purchase price to avoid making a deposit. While the same types of credit products and individual assessment apply to all brands – Suzuki, [Honda](https://motorcycles.honda.com.au/ "Honda"), [BMW](https://www.bmw-motorrad.com.au/en/home.html#/filter-all "BMW"), KTM, etc, loan offers vary for new and used models, and for different buyers based on their credit profile. Rates, terms and the loan amount all impact a motorbike finance offer for all types of machines and all buyers. ## Best Motorcycle Loan – Interest Rate Considerations The current rate market could be seen as heading lower as the [Reserve Bank](http://www.rba.gov.au "Reserve Bank") has announced a number of cash rate cuts recently. That may have buyers wondering if their ‘best’ option is to opt for a variable rather than a fixed rate loan. Variable rates are subject to change when the lender adjusts their rate on that credit product. This typically occurs when the RBA announces a cash rate change or when the lender’s analysts forecast changed economic conditions. When taking on a loan with a variable rate, borrowers may be faced with either lower or higher rates over the term of their loan. While the current market may appear to forecast several more rate cuts in the next year, buyers need to consider what may transpire over the full 4, 5, 6 years of their motorcycle finance term. Should economic conditions change and require the RBA to increase rates, variable rate loan holders may be faced with higher rates and higher repayments. Fixed rates do not change over the loan term. The rate locked in at the start of the term remains unchanged until the finance is finalised. Repayments also remain unchanged. Most [Secured Bike Loans](/secured-motorcycle-loans) have a fixed rate, but some lenders may offer loans for motorbikes with a variable interest rate. These can be Unsecured Personal Loans which have a higher rate than a secured, fixed rate loan. The rate determines the amount of interest accrued over the loan term which then affects the total cost of the machine. With rates varying across the market, refer to [our current rate chart](/motorbike-loan-interest-rates) to see the variations. ## How the Term May Deliver the Best Motorcycle Loan So, you want as long as possible to pay off your new machine? Yes, a longer term will deliver lower monthly repayments, but it will take longer to own your machine, and a larger amount of interest may accrue on the loan. Adding to the actual purchase cost. To see the effect of loan terms on repayments and total interest payable, use our [Finance Calculator](/finance-calculator). By varying the term and keeping all other amounts the same, you can how repayments do change, but so does the total interest. If your ‘best’ finance is with repayments that suit your income, use the calculator to determine your ideal loan term. ## How Loan Amount Contributes to Best Motorcycle Loan How much you borrow, in total and as a percentage of the motorbike, affects the finance in a number of ways. First, the amount in dollars that you can borrow will be determined by the lender as your borrowing capacity. This is determined when the lender assesses your individual income/expenses situation and credit profile. Secondly, the lender looks at the value of the machine compared with the loan amount when determining rates and approving applications. A higher loan to value ratio can present a higher risk proposition to a lender and they may offer a higher interest rate. By lowering the amount you borrow by making a deposit, you will lower your repayments, own the bike sooner, and could be offered a better interest rate. ## Services to Help You Secure Your Best Motorcycle Loan If all those issues and considerations are putting you out of your comfort zone or sounding like taking more time than you have to spare, don’t worry, our brokers are available to find you your best motorbike finance. Our services include handling all aspects of the finance from your initial enquiry through to settlement and you riding out of the showroom. Connect with us online or by phone. Brief us on your objectives, provide the necessary details and documents on your finances, and we’ll find you the best rates and negotiate to best achieve the repayments and credit limit to meet your objectives. **Simplify the process of getting your best motorbike loan, contact 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.* **Categories:** Bike Loan Tips --- ### [Realising the Dakar Rally Dream: Cheap off-road motorbike loans](https://www.jadebikeloans.com.au/blog/bike-loan-tips/realising-the-dakar-rally-dream-cheap-off-road-motorbike-loans) **Published:** April 23, 2022 **Author:** Publisher **Content:** The annual [Dakar Rally](https://www.dakar.com/en/) is a rugged event for both motorbikes and cars and the 2022 competition lived up to expectations. Australia had several competitors in the bike field including legend Toby Price chasing another win. But reports have that he was given points and time penalties after stage 4 with a speeding ticket! Exceeding the speed limit when riding through built-up areas not in the desert. Fellow Aussie rider Daniel Sanders posted great results with several stage wins to continue the impressive Aussie track record in this tough competition. If the 2022 Dakar Rally is inspiration for you to hit the dirt, it’s time to talk cheap off-road motorbike loans. Most likely you’re not planning to compete in events like the Dakar Rally but there is plenty of fun to be experienced on an off-road bike. Enjoyment which is increased no doubt for those that manage to purchase their bike with a cheap motorbike loan. The off-road motorcycle segment has been extremely popular during the COVID-19 pandemic period in Australia and buyers have some great makes and models to select from. Jade Bike Loans assists riders to secure the ride of their choice, both enduro and motocross models with cheap off-road bike loans. Let’s have a look at the options in bikes and loans. **Off-Road Motorbikes – Selected Favourites** Despite the pandemic causing supply issues in many markets, motorcycle makers still managed to land a great selection of new models into the Australian market in 2021. Why not check out some of these for your purchase:- - Husqvarna TE 300i: Described by the manufacturer as perfect for exploring new ground and for going where very few have gone previously. A two-stroke, easy to manage machine with developments which further enhance the class-leading performance of this motorbike. You get – electronic injection, impressive power and torque and smooth delivery of the power. What will it cost you? [Find out more](https://www.husqvarna-motorcycles.com/en-int/models/enduro.html) and input the dealer RRP into our [Bike Loan Calculator](/finance-calculator) to work out what it will cost you in bike repayments. - Yamaha WR450F: An enduro machine that produces bulk power, transmitting it to the ground in what Yamaha describes as a controllable manner. The new models sports an aluminium bilateral beam frame so your machine will feel lighter. Making tight turns easier and improving stability over the bumps and while in the air. Check out if this is the bike for you at the [Yamaha site](https://www.yamaha-motor.com.au/products/motorcycle/off-road/enduro/wr450f) and before heading into a dealership for a test ride, [call us](https://www.jadebikeloans.com.au/approval "Bike Finance Easy Quick Quote") for a pre-approved bike loan so you’re ready to place your order. - Honda CRF250R: A name synonymous with legendary machines and this latest model incorporates a number of big improvements to the engine. Improvements which give the machine more power and more torque in the mid-range. As riders know, that means making this motorcycle much easier for fast riding. The mid-range being key to tackling jumps, whoops and through berms and deep loam. If [this Honda](https://motorcycles.honda.com.au/en/models/offroad/competition/crf250r) has your name all over it call us for a quick quote to ensure the loan repayments also meet your approval. - GasGas EC: The brand ridden by Aussie Dakar competitor Daniel Sanders so definitely worth inclusion on the possibles list for off-road motorbike buyers. - KTM 890 Adventure R: This new model boasts a new engine which has greater capacity and additional performance. KTM describe this machine as seriously travel-capable and ready for those extreme off-the-beaten-track escapes. Machine is ready but are you? Head to our Bike Loan Calculator and start crunching the numbers to work out the affordability of this bike with your budget. **Securing an Off-Road Motorbike Loan** Interest rates across lending markets have been at historic lows for some time. So securing your motorbike loan now at our [cheap interest rates](/motorbike-loan-interest-rates), can ensure you enjoy those cheap rates for the years of your loan. Our Secured Bike Loan is the most widely used loan for new bike buyers, including off-road models. The same loan type applies to all types of motorcycles which makes that a very easy choice. The loan follows the universal format for a secured consumer loan – the lender accepts the motorbike as security/guarantee against the loan and the borrower repays the loan in equal monthly instalments. What differentiates our loans from being a stock-standard offering is our better interest rates guarantee and our personalised approach to securing the best loan for each individual customer. By engaging Jade as your lender you are assigned a consultant who handles the entire process. That means a professional lending expert with connections to a wide range of banks and non-bank lenders working to source you the cheapest loan. How good is that? Good because it ensures that you are presented with the cheapest off-road bike loan that meets your individual requirements. So enough of the looking and thinking, 2022 is time to make your move. Select the bike you want, speak with us about a loan and make your version of a Dakar dream a reality. **For cheap off-road bike loans contact Jade Bike Loans at 1300 000 003** *DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE 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.* **Categories:** Bike Loan Tips --- ### [What to do re motorbike loan when bike is written-off or stolen?](https://www.jadebikeloans.com.au/blog/bike-loan-tips/what-to-do-re-motorbike-loan-when-bike-is-written-off-or-stolen) **Published:** April 25, 2022 **Author:** Publisher **Content:** Unfortunately there are situations which result in a motorbike being written-off or lost. This may be a result of theft, accident or as was seen in the east coast floods of early 2022, a motorcycle may be lost or damaged beyond repair in a natural disaster. If the motorbike is under finance, owners will need to take certain actions in regard to their motorbike loan when a bike is written-off. As a quick guide for motorcycle owners facing this scenario, we’ve prepared this information in an easy to follow format of FAQs. It is important that the appropriate actions be taken so as not to risk the credit rating being impacted negatively. **Who should I contact first?** The insurance company that holds the policy on the bike should be the first call. When a bike is purchased with finance, the lender will require the borrower to also take out an insurance policy. The insurer will advise their individual processes for lodging an insurance claim. **What if I’ve lost my insurance policy paperwork?** Most insurers will not require policy holders to have their paperwork. They have your records and will typically go through some identity checks to validate you are the rightful policy holder. It is important to keep your details up to date with insurers. **How do I claim on the bike insurance?** The insurer will advise you of their processes to lodge an insurance claim. Many offer online claims services. During disasters there can be some delays due to the volume of claims. The [Insurance Council](https://insurancecouncil.com.au/) may be able to assist with general enquiries also. **Will the insurance cover the gear I had in saddlebags?** The specific inclusions in an insurance policy will depend on what the policy holder agreed with the insurer when the policy was taken out. Contents in saddlebags may or may not be covered. Extras and options where were purchased at the same time as the bike and included in the motorbike loan may be included. Speak with the insurer. **How does the insurance get paid?** When a bike has finance owing on the loan, then the lender (loan balance) will need to be paid out from the insurance monies. The lender will have registered their claim on the [PPSR](https://www.ppsr.gov.au/). The insurer will usually arrange to pay what is owed directly to the lender. Any additional funds over and above what is owed is paid to the policy holder. **What do I do about my motorbike loan?** It is important that you contact your lender to advise what is happening. The lender has a claim over the bike. [Jade Bike Loans](/why-jade-bike-loans) is accredited with many lenders. If we arranged your loan you need to contact the bank or finance company rather than ourselves. However, if you are one of our customers, our team can answer any queries you may have. **Do I still need to make motorbike loan repayments?** Yes. Borrowers have an obligation to continue to meet their motorbike loan repayments even if the motorcycle is subject to an insurance claim. Unless alternative arrangements are made with the lender. In times of natural disasters and scenarios such as the COVID-19 crisis, banks and lenders offer loan assistance with deferment or pausing of repayments. Contact your lender to discuss the options available to you. Failing to make repayments where no other arrangements in place poses a risk of loan default and negative impacts on the credit profile. **Can I apply for a new motorbike loan before insurance is finalised?** Yes. You can start the process of replacing your lost bike with a new machine with a [new motorbike loan](https://www.jadebikeloans.com.au/approval "Bike Finance Easy Quick Quote") while the claim is being processed. Speak with one of our Jade Bike Loan consultants to apply for a new loan and advise them of the circumstances with the existing loan and insurance claim. If you think you may receive funds through the insurance, you can use those funds to make additional payments on the [Secured Bike Loan](/secured-motorcycle-loans) at a later date. **I rely on my bike for transport, how fast can I get a new bike loan to buy a new bike?** By sourcing your motorbike loan through Jade Bike Loans you are assured of a fast, streamlined process. Quick quotes, fast loan application approvals and we’ll assist with finalising settlement between our lender and your motorcycle dealer. Preparing your details and financials ahead of time can assist to expedite the process. **Will claiming the bike under insurance affect credit profile and rating?** Under normal circumstances, making an insurance claim on a bike under finance should not impact the individual’s credit rating. Ensuring the loan repayments continue to be made while the claim is being processed or agree to an arrangement with the lender to pause payments during the claim period can be important. **For the new motorbike loan, will I be offered the same rate of interest that I was offered for my current loan?** The new bike loan application will be assessed and quoted on your current circumstances and the interest rate currently available for motorbike loans. If your current loan was secured at a time when rates were higher than when you applied for the new loan there is a possibility the interest rate may be lower. If your financial situation has changed since the previous loan application, a different rate may apply. Refer to our [Compare Rates](/motorbike-loan-interest-rates) chart for the current motorbike loan interest rates to use as a guide. **For a quote on a motorbike loan, contact Jade Bike Loans at 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Loan Tips --- ### [Are there advantages in paying off a motorbike loan early?](https://www.jadebikeloans.com.au/blog/bike-loan-tips/are-there-advantages-in-paying-off-a-motorbike-loan-early) **Published:** September 3, 2025 **Author:** Publisher **Excerpt:** Paying off a motorbike loan early is finalising a loan prior to the scheduled fixed term date, which may be done with extra payments, lump sum, or refinance. **Content:** Paying off a motorbike loan early is finalising a loan prior to the scheduled fixed term date, which may be done with extra payments, lump sum, or refinance. There are numerous reasons why riders may choose to pay out their loan before the conclusion of the term – both financial and personal. The action may deliver advantages depending on how the process is carried out. But there can also be costs involved. [Secured Motorcycle Loans](/secured-motorcycle-loans), which are the most popular credit option for financing new and most second-hand bikes, typically have a fixed loan term. Repayments are scheduled monthly over that term. To pay out the loan early, the borrower finalises all the repayments ahead of the end of that fixed term. The final payout would include any monthly payments left, the interest that would apply, and the break fees charged by the lender. ## “Why riders would consider paying off a motorbike loan early” If loan payments have been established to suit the borrower, why would they want to finalise a loan before they have to? There can be personal and financial reasons. The borrower may have accrued the available funds to finalise the loan and has a preference to own their machine outright as soon as possible. Possibly they didn’t have those funds to make a deposit when purchasing the machine and taking on the finance. But now the funds are available, and the opportunity presents to wholly own their prized ride. An objective which may be a personal preference or a key life objective. When lenders accept a machine as collateral for a loan, they register their interest in the goods with the Personal Property Securities Register, [PPSR.](http://www.ppsr.gov.au "PPSR.") When the borrower finalises all monies owed on the loan, the lender releases their security hold on the goods, and the borrower has complete unencumbered ownership of the goods. Extra funds may have become available to the borrower through an inheritance, gift or windfall. The borrower may choose to utilise the funds to pay down their debts – in particular their motorbike loan. Reducing debt and/or being debt-free, can improve the individual’s personal balance sheet. Placing them in a better position when planning to apply for finance for other purposes. Less debt can also improve an individual’s credit score. A wage increase may result in having extra in the budget each month. The borrower may decide a sensible way to utilise that extra is to put more towards their motorcycle loan. Secured loans do allow for extra payments to be made. The borrower can choose to so as an option. The rider may be upgrading to a new model and prefers to finalise the existing loan to be ready to sell or trade the existing machine with the new purchase. Where financial circumstances change, individuals may need to review their current loan obligations and consider their options to improve their situation. Where motorcycle finance payments have become onerous with a changed financial position, the rider may look to refinance the loan to seek a better rate or more workable payments. This would entail finalising the existing loan. ## Costs and advantages of early loan payout Depending on individual loans and the timing of the payout, borrowers may realise several benefits from finalising finance prior to the end of a fixed term. Financially, there can be a savings of interest accrued on the loan. Interest is charged at a fixed percentage over the repayment time of the loan. By repaying the full amount before the end of the term, less interest may be accrued. With less total interest accrued, the finance effectively is cheaper and so is the cost of buying that motorcycle. For many riders, a key advantage of repaying finance ahead of time is owning their machine outright much sooner. This may be a personal goal, or it may strategic. Borrowers looking to apply for other loans may benefit by having what is known as a better personal balance sheet – more assets, less liabilities. Lenders review assets and liabilities when assessing new finance applications. Having less debts and more assets may contribute to a better offer on new loans. Where the finance is finalised outright rather than through refinance, the process may ease budget pressure. Allowing more income for other purchases and purposes. In addition to interest saved, there may be a saving on insurance premiums. When a motorcycle is financed with secured credit, lenders insist the machine be fully insured over the finance term. When the finance is finalised, the security hold is lifted. Insurance is not essential. While many riders will opt to insure their machine, it does become a choice when the machine is no longer under finance. While there can be advantages there are also the costs of finalising finance ahead of time to consider. Lenders charge break fees when loans are settled before the scheduled end of a fixed term. For consumers, these fees may be minimal but may vary with lenders. The fees may be a combination of a flat charge plus a percentage of the finance outstanding. Loans may be finalised at any time during the term. The timing, eg months or years early, may determine the amount of interest saved and the costs incurred. ## Ways to pay off motorbike finance early Loans can be finalised in several ways – making regular extra payments over the time, paying the outstanding debt from cash funds, or refinancing the balance owed with a new loan. When finalising with cash or refinance, the lender should be contacted to obtain what is known as the payout figure. This will be the total that needs to be paid to finalise the loan at that time. The lender will provide a timeframe for how long that figure is valid. If not finalised within that timeframe, the payout figure can change when another repayment is made, or interest accrues. To finalise with cash funds, borrowers simply make the required payout figure payment to the lender. If extra payments are made at various times during the term – an option with secured finance, the full amount due will be reduced and the loan will be finalised prior to the end of term. If you have made extra payments over the term, contact the lender to find out how much is still owing. Refinance is another option for finalising loans ahead of time, but this does involve taking on a new loan. The new loan encompasses all outstanding amounts with a new finance arrangement. When refinancing, the bike is assessed as used, used goods rates apply at the [current rates](/motorbike-loan-interest-rates). **For quotes on refinance options when paying off a motorbike loan, contact 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.* **Categories:** Bike Loan Tips --- ### [Yamaha Motorcycles the top selling brand in a steadier market     ](https://www.jadebikeloans.com.au/blog/industry-news/yamaha-motorcycles-the-top-selling-brand-in-a-steadier-market) **Published:** August 4, 2025 **Author:** Publisher **Excerpt:** Yamaha Motorcycles is the top selling motorbike brand on the Australian market across the brands reporting sales to the FCAI for January-June 2025. **Content:** Yamaha Motorcycles is the top selling motorbike brand on the Australian market across the brands reporting sales to the FCAI for January-June 2025. Yamaha finished the 6-month period with the biggest number of new machines sold, ahead of Honda, Kawasaki and KTM. Not all brands report their sales figures to the Federal Chamber of Automotive Industries (FCAI) for inclusion in the data. Notably Royal Enfield and CFMOTO do not report their figures. The excluded brands aside, it may not be surprising that [Yamaha](https://www.yamaha-motor.com.au/products/motorcycle/road "Yamaha") is such a popular brand and has been for a long time. Yamaha offers both road and off-road models to suit many riders and riding experiences. Off-road machines for fun, adventure, working on the land and motocross. The road collection has a range of riding styles covered with supersport, touring and heritage models. The affordable price range is also sure to be popular with buyers. With selected models, including the 2024 XSR700 currently on [stock clearance](https://www.yamaha-motor.com.au/buying/offers/2025/july/super-stock-clearance "stock clearance"), and with our highly competitive finance rates, you could be riding a top selling machine with very workable repayments. ## FCAI Reports Yamaha Motorcycles as Top Seller The [FCAI](http://www.fcai.com.au "FCAI") reported the sales for new motorbikes from manufacturers that choose to report for the first six months of the year as remaining steady. Just over 42,500 machines were sold with almost equal numbers of off-road and road models sold. The off-road market increased 3.35% on 2024 figures while road models dropped slightly, 1.9%. According to the Chief Executive of the FCAI, Tony Weber, the new motorbike market is steady. Mr Weber said that the market offered a wide range of options for buyers with strong competition. Yamaha was the best-selling brand for the reporting period. ## Yamaha Motorcycles Finance Private buyers requiring finance to make their purchase have large consumer lending market to select from. Banks, finance companies, brokers and dealers all have loans for motorbikes. Some, such as Jade will have specific Motorcycle Loans while others will offer more generic Personal Loans. There can be differences with the types of loans offered by lenders. These differences can be in the amount a lender will approve for a personal loan, the terms offered, the rate of interest and if the interest rate is variable or fixed. Dealers will typically offer loans only through their one finance partner with no choice of lender. Brokers, including Jade, find buyers the most suitable loan product and best rate offer from across their vast lender selection. Using a broker to source the loan does not slow down the financing process. Our brokers respond quickly to all requests for quotes and applications. Many applicants can receive their approval within 24 hours. A [secured format loan](/secured-motorcycle-loans) is the most popular type of finance for new machines. This type of loan can be used to finance all new Yamaha models – road and off-road. Lenders accept the machine as the collateral or security for the loan. Each application is assessed individually, and lenders use their own criteria for determining if a borrower needs to provide additional assets as security. With the machine as loan security, lenders offer their best rates on secured loans for new goods. Our rates are fixed and will remain unchanged over the fixed term. Repayments are made in equal fixed monthly instalments. Additional payments are allowed. If additional payments are made and the loan is finalised prior to the end of the fixed term, minimal early payout fees apply. While interest rates are offered based on individual application assessments, buyers can use our current rates as a guide to work out payment estimates. Compare estimated payments on different priced models using our [Finance Calculator](/finance-calculator). ## New Rider Finance Opportunities Many new and young riders can be drawn to a Yamaha as their first bike. But they may face issues when it comes to securing affordable finance to make the purchase. Under Australian Consumer Credit Laws, individuals must be over the age of 18 years, have employment and income and provide financial documents as part of the application process. Many young people may also not have built up a credit profile if they have not borrowed money or had a credit card. New and young buyers that do not meet the approval criteria may consider a guarantor. A guarantor is usually a family member who guarantees the loan made by a younger person. We can assist young buyers with this process which may result in an affordable Yamaha loan. ## Tips for Affording a Best-Selling Motorcycle Cover off on alternatives if offered dealer finance, especially with interest rates. Interest rates and loan features and benefits vary with lenders. A better deal may be available to you through another lender. Consider making a larger deposit and reducing the loan required. Not only will the repayments be less, but a smaller loan amount compared with the value of the machine may result in lenders offering a lower interest rate. Credit ratings are critical to being offered the best interest rate. Ensure yours is as good as it can be before applying. Consider the term of the loan. The term affects the monthly repayment and the total interest payable on the loan. Many buyers may try to get the longest repayment term possible to get the lowest monthly payments possible. But a longer term may attract a higher total interest over the term, which goes towards the real cost of the machine. Consider applying for finance before buying the machine. Knowing how much you are approved to borrow can provide vital information to select the Yamaha model in the corresponding price range. Use our broker services to simplify the entire process of securing your most affordable Yamaha Motorcycles finance. **For affordable finance on a new model from Yamaha Motorcycles contact 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.* **Categories:** Industry News --- ### [Planning to ride to the Phillip Island Motorcycle Grand Prix on a new machine? Consider your finance options now.](https://www.jadebikeloans.com.au/blog/bike-loan-tips/planning-to-ride-to-the-phillip-island-motorcycle-grand-prix-on-a-new-machine-consider-your-finance-options-now) **Published:** July 21, 2025 **Author:** Publisher **Excerpt:** Riding to the Phillip Island Motorcycle Grand Prix on a new machine may be a very affordable, aspiration when buyers secure low rates on motorcycle finance **Content:** Riding to the Phillip Island Motorcycle Grand Prix on a new machine may be a very affordable, aspiration when buyers secure low rates on motorcycle finance. Many enthusiasts ride to the Island each year for this iconic event. If you aspire to joining your friends and others for that experience, now is the time to start planning. While we can secure loan approval within 24 hours for many applicants, tickets and accommodation to the event will be selling fast. Get onto not just making plans but enacting your plan now! ## Phillip Island Motorcycle Grand Prix – Event Details This year’s [Motorcycle Grand Prix at Phillip Island ](https://www.motogp.com.au/ "Motorcycle Grand Prix at Phillip Island ")will be held on 17-19 October with a packed track schedule across the 3 days. Friday action starts at 9am with Moto 3 practice, followed throughout the day with practice sessions for Moto 2 and GP classes. Saturday morning till around 10.30am is also practice sessions and then comes qualifying sessions for all classes. At 3pm on the Saturday is the 13 lap Sprint race for the GP class. Sunday starts with a warm-up session for the GPs followed by the Moto 3 and 2 races before the GPs take to the track for the main event at 2pm. Many attendees like to stay as close as possible for quick access to the action and to fully immerse in the experience. [Accommodation](https://www.motogp.com.au/travel/accommodation "Accommodation") is available on the Island including opportunities to stay close to trackside. Options include camp sites, holiday houses and other types of accommodation. Staying on the Island is extremely popular but not unlimited. Camp sites especially get snapped up quickly. Get in fast and secure your booking. Hopefully you will be riding to the Island on your own, new machine. But if you choose to stay on the mainland and leave the ride at your accommodation, or if you are flying in from interstate, shuttle services are available from a number of key locations. Check the event website for travel details. ## Get Tickets for Phillip Island Motorcycle Grand Prix A range of ticket options are available with sales already open. But tickets to the best vantage points are usually sold out early. No time to waste, consider what is still available and purchase yours asap. There are 7 Grandstand and Pavillion ticket options available. Check the position on the track to decide where you would like to take in the action. Most options cover the three days. Then there are the options to elevate your experience! The Island Pass is flexible and affordable and includes access to the Fan Forum and Expo. An upgrade to the consider is the Trackside Club and view the action from Gardner Straight. Amenities in this area include a marquee, cash bar and nearby food outlets. Pick up a Paddock Pass for access to areas where you may meet riders and key personnel. Up the ante even further with a ticket to The Clubhouse, located at Turn 10. Features of this area include a marquee, great views, access to food outlets, cash bar, as well as all the Island Pass inclusions. Prices vary for the different options. Select the one that suits your budget and the experience you are seeking. With accommodation and tickets sorted, now for how you will get there? If riding is your plan, is your machine up to the journey? Enough luggage space for your gear? Possibly it’s the ideal time to upgrade your machine and ride in style. Consider our affordable loan options to make that a reality. ## Motorbike Loan Options – New Models Our highly competitive interest rates, sourced for you from across our vast lender selection, may make new motorbike financing completely within your budget. [Secured Motorcycle Loans](/secured-motorcycle-loans) attract the best rates from lenders as the machine is used as the collateral for the loan. With the loan secured, lenders may also be more accommodating in approving higher loan limits. Limiting the deposit required by buyers – leaving funds available for the Phillip Island experience possibly. Buyers looking for a great deal on a new machine may find some end-of-year clearance models at discounted prices still available. ## Used Motorbike Loan Options If a new machine appears beyond your budget, a good quality second-hand machine may suit your requirements and your budget. Secured loans can be approved for used bikes where consider acceptable collateral. Most good condition used models will be acceptable as loan security. Buyers should expect a different interest rate and possibly a lower credit limit on used machine finance compared with financing a new model. But with the price reduction, a second-hand machine may present a very affordable prospect. To compare repayment estimates on a new with a used model, use our [Finance Calculator](/finance-calculator). **To acquire a new machine to ride to the Phillip Island Motorcycle Grand Prix, contact Jade Bike Loans on 1300 000 003 for affordable, low rate finance.** *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.* **Categories:** Bike Loan Tips --- ### [Benefits of new motorbike finance compared with used bike loans](https://www.jadebikeloans.com.au/blog/bike-loan-tips/benefits-of-new-motorbike-finance-compared-with-used-bike-loans) **Published:** July 10, 2025 **Author:** Publisher **Excerpt:** New motorbike finance may offer benefits to buyers compared with financing a second-hand machine, in lower rates, larger loans, and collateral requirements. **Content:** New motorbike finance may offer benefits to buyers compared with financing a second-hand machine, in lower rates, larger loans, and collateral requirements. Yes, we acknowledge that the price of new machines will be higher than the price of used models and that would mean lower monthly loan payments. And, with costs-of-living a high priority for many Australians, saving even a few dollars with major purchases can be important. But are you across the advantages in loans for new bikes over financing used goods? While we provide affordable loans on both new and used machines, the benefits realised with new model loans may be significant to the purchase decision. To assist buyers to decide which way to go, we elaborate on these benefits and provide an easy way to compare different loan options on the machines you are considering. ## New Motorbike Finance – Better Interest Rates All types of motorcycles from all leading brands – Harley-Davidson, [BMW Motorrad](https://www.bmw-motorrad.com.au/en/home.html#/filter-all "BMW Motorrad"), KTM, [Suzuki](https://suzukimotorcycles.com.au/ "Suzuki"), Triumph and others, are financed with the same loan products. New machines are typically financed with a [Secured Motorbike Loan](/secured-motorcycle-loans). Second-hand machines may be financed with a Secured Loan if the machine is accepted as suitable collateral. If the machine is not accepted as suitable collateral, the bike may be financed with an Unsecured Personal Loan. With new machines typically considered acceptable loan collateral, lenders offer their best rates on financing new consumer goods. Rates displayed by lenders will usually be for new goods, unless they state otherwise. The difference in rates on new and used goods may be significant. Any small percentage variation is reflected in lower monthly payments, less interest accrued over the term of the loan, and subsequently, the total acquisition cost of the motorcycle is lower. To see how much a higher interest rate affects repayments and total interest over the term of the loan, use our [Finance Calculator](/finance-calculator). Calculate estimates based on different rates and note the difference. While lenders across the market predominantly offer lower rates on new compared with used motorcycles, rates will vary with different lenders and with dealer financing. Rates will also vary with the credit profile of the loan applicant. Using our brokers to find your best rate from the most suitable lender can expedite and simplify the process of securing your best and most affordable motorcycle loan. ## Loan Condition Differences – Used v New Motorbike Finance There are a number of other variations between financing new and used motorcycles that buyers may also like to consider. One is there can be a difference in the amount that lenders will approve for the loan. When approving the total loan amount, lenders will be reviewing the credit profile of the applicant to determine the borrowing capacity. But also looking at the value of the machine compared with the loan amount requested. Loans on new motorcycles may be approved with a higher limit. A higher loan amount compared with the purchase price then impacts how much deposit is required to make up the difference. Some applicants may be approved for borrowing the full purchase price of a new motorcycle, i.e. no deposit finance. Having to find less cash for a downpayment may suit many buyers. We touched briefly on loan collateral requirements above, but this is worth elaborating on. New motorcycles are generally accepted as loan security. Many buyers will not be required to offer other assets in addition to the machine being financed. The same situation is not always the case with a used machine. Additional collateral may be required. This may pose an issue for asset-poor buyers. Insurance requirements should also be considered. All goods used as security for finance need to be insured. Getting quotes on different machines may assist with those buying decisions. ## Comparing New Motorbike Finance with Used Bike Loans Using our [Finance Calculator](/finance-calculator) presents a quick and easy way to compare estimates on loans for different machines. For new machines, head to the manufacturer’s website to see price guides being shown. Note the conditions which apply to ride-away pricing. Some offers may only include 6 months rather than 12 months of rego. Rego may also differ from state to state. Note if you need to allow for dealer delivery costs on top of the price guide and if the model is actually in Australia yet. If it is a few months away, the price may be higher when it arrives, depending on the exchange rate market. For second-hand machines, use the price as the loan amount. Enter the loan amount, our latest interest rates, your preferred term to repay the loan, and the monthly payment estimates will be displayed. The results are subject to lender approval of the loan amount and individual rate offers. But provide a useful guide for making finance comparisons and supporting buying decisions. ## Added Benefits of Buying a New Motorcycle Apart from the potential finance benefits, buyers may also consider other benefits they may realise by buying new rather than second-hand. Maintenance and servicing costs may be significantly lower with warranties on new machines which may be limited on a used model. Fuel efficiency may be better with the new engines being developed by manufacturers. Safety and tech features may also be better, which may contribute to more comfortable and safer riding. **To assist with making your buying decision, contact Jade Bike Loans on 1300 000 003 for a quote on new motorbike finance.** *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.* **Categories:** Bike Loan Tips --- ### [RBA rate decision coming up. How will the decision affect your motorbike loan interest rates?](https://www.jadebikeloans.com.au/blog/bike-buying-articles/rba-rate-decision-coming-up-how-will-the-decision-affect-your-motorbike-loan-interest-rates) **Published:** June 23, 2025 **Author:** Publisher **Excerpt:** Motorbike loan interest rates on Personal Secured Finance are set by individual lenders, with changes typically made in line with Reserve Bank rate decisions. **Content:** Motorbike loan interest rates on Personal Secured Finance are set by individual lenders, with changes typically made in line with Reserve Bank rate decisions. At its 29 May meeting, the Board of the [Reserve Bank (RBA)](https://www.rba.gov.au "Reserve Bank (RBA)") cut the cash rate by 0.25 basis points. Their next Monetary Policy meeting and decision is coming up on 8 July. The financial markets are strongly tipping that we will see another rate cut. For riders in the process of planning a new machine purchase with finance, that July decision could have an effect on their finance if applying after any rate change announcement. While the RBA does not set the interest rate charged by individual lenders, its decisions do have an impact across all lending markets. The RBA Monetary Policy Board makes decisions on the cash rate which is the overnight borrowing rate for banks, not the rate that individual borrowers are offered on different forms of finance. The cash rate does however, essentially set the benchmark foundation from which lenders set their specific rates on their finance product portfolio. What could the effect of any July rate cut on your loan? We explain. ## How Motorbike Loan Interest Rates are Set Consumer credit interest rates are set by banks, finance companies and other lenders individually. Each will set their advertised rate for their different loan products based on the cash rate, their own funding and other costs, and often taking into account the forecasts of their analysts. That is why there are variations across the consumer credit market on loans for motorcycles and other goods. The lender advertised rate will be for loans on new goods for borrowers that have a good credit rating. Second-hand goods can attract a different rate than new. Borrowers with a less than good credit rating will be offered a different rate. Rates are offered to individual borrowers by lenders, based on the lender’s risk assessment of the application. They will be reviewing the financial position of the borrower, their income and expenses, their credit profile and the amount of the loan relative to the value of the motorcycle. While all lenders in the consumer credit market must adhere to the Consumer Credit Laws and Regulations as established by ASIC, individual approval criteria does vary across the sector. This is why a rate offer from one lender can be different from a rate offer from another lender. A key reason why having access to a large lender selection through Jade can be highly beneficial in securing the best motorbike loan interest rates. ## RBA Decision Effects for Motorbike Loan Interest Rates If you currently have a [Secured Motorbike Loan](/secured-motorcycle-loans) with a fixed interest rate, any RBA decision to change the cash rate will not affect your loan. A fixed interest rate means the rate is fixed and unchanged from the time the loan is arranged to the time it is finalised. RBA decisions will, however, typically lead to lenders changing their advertised rates on their finance products. In the home loan market, banks often change their rates the day after an RBA decision. In the consumer credit market, rate changes are also usually made following these decisions. Whether it is for the full amount of the RBA cut, say the full 0.25%, or less, is up to individual lenders. Consumer credit is a highly competitive sector in the lending market. Lenders will want to remain competitive with attractive rates to attract borrowers. Buyers planning to take on finance for a new machine can work up estimates on what a rate change may mean for their loan, using our [Finance Calculator](/finance-calculator). Start by working up repayment estimates using our current advertised interest rate as a guide, and the loan amount you anticipate you may need to buy your machine. Note that result and then carry out another calculation with an interest rate that is say 0.25% less than our current rate. Note the difference in the monthly repayments. While the monthly difference in securing a lower rate may seem relatively small, when this is factored over the full term of the loan, it can be a significant savings. Highlighting the importance of always securing your best rate offer, regardless of the current rate market. ## Securing the Best Motorbike Loan Interest Rates While the market waits for the 8 July decision and any ensuing consumer loan rate changes, buyers can consider a few issues which may deliver them a better rate offer. Your credit rating is very important to a loan offer and getting approved. Credit profiles are built up over time, so it is important to stay on top of paying bills on time and meeting other loan commitments. In the short-term, you may consider paying off any other loans and reducing any high credit card balances. Having a better personal balance sheet may be seen as a positive by lenders. Also consider the amount you intend to request for your loan. The lower the loan relative to the value of the machine, can be seen positively by lenders. Consider how much deposit you can afford to reduce the loan required. **To secure your best motorcycle loan interest rates, contact Jade Bike Loans on 1300 000 003 for your finance sourced from a large lender base.** *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.* **Categories:** Bike Buying Articles --- ### [Review Loans for Triumph Motorcycles New Speed Triple](https://www.jadebikeloans.com.au/blog/bike-buying-articles/review-loans-for-triumph-motorcycles-new-speed-triple) **Published:** June 9, 2025 **Author:** Publisher **Excerpt:** Triumph Motorcycles recently released the new Speed Triple RX in Australia in limited numbers so buyers should secure their finance to be ready to buy. **Content:** Triumph Motorcycles recently released the new Speed Triple RX in Australia in limited numbers so buyers should secure their finance to be ready to buy. Limited edition models are always in high demand. Buyers that are ready to say ‘yes’ with their finance locked in, can have a better chance of riding out of the showroom on their prized new machine. The new Speed Triple RX is in that category. With limited units to be available worldwide, afficionados of this [classic UK brand](https://www.triumphmotorcycles.com.au/ "classic UK brand") can quickly apply for their motorcycle loan online through Jade Bike Loans. A number of loan options are available at highly competitive rates and our quick service will ensure you have your finance approval answer asap. Consider the machine, consider your loan options, and start applying. ## Triumph Speed Triple RX Specs The new [Speed Triple 1200 RX](https://www.triumphmotorcycles.com.au/motorcycles/roadsters/speed-triple/speed-triple-1200-rx "Speed Triple 1200 RX"), while built on the same platform as its predecessor the RS, the RX is racier and comes with exciting features. The Smartec suspension is controlled electronically to allow for ideal comfort and poise. It includes the Ohlins mechatronic damper to deliver more precision control. The RX also features rearsets and clip-ons to allow for more racier, aggressive positions to focus on the track ahead. The engine is the 1160cc triple and then there’s the appearance – new colours, striking bodywork. What’s not to say, ‘I need that machine’? Well, there is the price to consider. Ride-away pricing is advertised at $34,490, which is a great figure to use in our [Finance Calculator](/finance-calculator) to get quick loan estimates. The Speed Triple is now in showrooms, so be quick to review your loan options and secure your financing. ## Loans for Triumph Motorcycles The most popular loan for new motorcycle buyers is the [Secured Bike Loan](/secured-motorcycle-loans). This offers buyers a simple format and competitive interest rates. The machine is used as the collateral for the loan. Depending on lender approval and the strength of the application, many buyers will not need to put up other assets as loan collateral. The full purchase price may be included in the loan with no deposit bike finance, but that will be dependent on the individual application. Extras such as accessories and any optional packs may also be included in the loan when purchased at the same time. With the lender securing the loan with collateral, the best available rates apply with new goods. We ensure a fixed rate which does not change over the fixed term. These fixed elements deliver a fixed repayment schedule. The entire outlay is included in the repayments, so there is no lump sum payout to make at the end of the loan. Another option for buyers to consider is a Salary Sacrificing Motorbike Loan. While salary sacrificing is most commonly associated with cars, this finance product, known as Novated Lease, can be used for other goods including motorbikes. The machine does not need to be used for any work-related purpose to be eligible for Novated Lease. Buyers will need to get approval from their employer as a Novated Lease involves the employer taking on the finance for the machine while the employee sacrifices a part of the salary to cover the payments and other expenses. The employer gets the finance payments and expenses as tax deductions while the employee may slip into a lower tax bracket and pay less income tax. While paying less tax may be attractive, salary sacrificing may also be a great option for those that struggle with budgeting and having funds available each month for their bike payments. Their employer would be handling all that for them. Payments may also be lower than with personal loans as the interest rates on business finance may be lower than personal loan rates. ## Interest Rates on Motorcycle Loans Interest rates will be a major consideration when taking on finance for the new RX Speed Triple. Lenders, including Jade, display their best rates for new machines and for buyers that have a good credit rating. While we cover off on a huge lending market to secure the best rates for our customers, there are some ways that buyers may contribute to getting a better rate. Having strong financials is key to being offered the best rate. Look at what other debts you have, including those pesky credit card balances, and consider if you can pay anything off before applying for a new loan. Consider the amount you are requesting in your loan. While borrowing the full purchase price may appear convenient and an attractive option, lowering the loan may attract a better rate. With a better loan to the value of the goods ratio, lenders may assess the application as lower risk and offer a better rate. Consider making a deposit and using your current machine as a trade-in. Considering dealer finance to get organised quickly? Consider Jade first. The dealer typically only works with one finance company and won’t be checking out rates and deals from other lenders for you. We do. Compared with dealer finance, we may offer more highly competitive interest rates. **With stocks limited, no time to waste. Contact Jade Bike Loans on 1300 000 003 to apply for Triumph Motorcycles finance on the new Speed Triple.** *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.* **Categories:** Bike Buying Articles --- ### [Will RBA rate cut change my motorcycle loan?](https://www.jadebikeloans.com.au/blog/industry-news/will-rba-rate-cut-change-my-motorcycle-loan) **Published:** May 28, 2025 **Author:** Publisher **Excerpt:** The May RBA rate cut decision will not impact existing fixed rate motorbike loans, may affect those with variable rate loans, and should lower new loan rates. **Content:** The May RBA rate cut decision will not impact existing fixed rate motorbike loans, may affect those with variable rate loans, and should lower new loan rates. Improving the possibilities of riders considering a new machine with finance achieving a lower interest rate loan as lenders respond to the Board’s decision. This could be the opportunity many have been waiting for and at a great time with the possibility of value prices with the usual mid-year sales period. But those new to taking on finance should appreciate that the cash rate as addressed by the RBA which now sits at 3.85% is not the interest rate offered by lenders on various types of loans. The cash rate as set by the RBA is an overnight borrowing rate for banks and lenders. Lenders use this rate as a basis to set their own rates, which then allow for their own borrowing costs, expenses and other factors. Rates offered to individuals also depend on the individual credentials of the borrower. For those considering holding off on their purchase in anticipation of further cuts, reviewing what the Reserve Bank (RBA) Board said when announcing the decision could be useful intel. For riders with existing bike loans and those considering applying for new finance, we provide an explainer of what this latest RBA rate cut means for their loan. ## Effect of RBA Rate Cut on Existing Loans For riders with an existing loan which has a fixed interest rate, they will see no change to their loan rate or repayments as a result of the latest RBA decision. These types of loans will typically be [Secured Motorbike Loans](/secured-motorcycle-loans) which are usually arranged with a fixed rate of interest. With a fixed rate loan, the interest rate and the repayments remain unchanged over the full finance term. The same is not the case if a rider has a loan for a motorbike with a variable interest rate. Some lenders offer generic personal loans which can be used to finance many types of goods including motorbikes. These loans may be secured or unsecured. While Secured Loans usually have a fixed rate, an Unsecured Personal Loan may have a fixed or a variable rate, depending on the type of loan and the lender. A variable interest rate is subject to change. These changes occur when the lender makes their decision to raise or lower their rate on that type of loan. Lenders typically make these decisions in response to cash rate decisions by the RBA. But the amount that an individual lender may cut their rates on the different loans in their portfolio may vary. While banks typically pass on a full rate cut to their home loan customers, the reduction on other variable rate loans may be different. A cut in the interest rate flows through to a reduced monthly repayment figure. Riders with existing variable rate loans will be advised by their lender of their new rate and new repayment schedule. Some borrowers that have taken on motorbike finance in recent times may have requested a variable rate loan with the forecasts for several rate cuts over their finance term. While this strategy may pay off with rate reductions and a lowering of repayments, variable rates are always higher than fixed rates. Before deciding on this strategy, buyers may use our [Finance Calculator](/finance-calculator) to compare total interest payable over the term of a loan with a fixed and with a variable rate. ## Getting Lower Rates on New Motorbike Loans The RBA rate cut as announced on 20 May applies to Australia’s cash rate. This is now down 0.25% to 3.85%. This is not the rate for consumer loans but the rate that banks and lenders pay for their borrowings. As a result of the decision, we will see many of our lenders reducing their rates on both secured and unsecured loans for motorcycles. To get the lowest rate possible, buyers can use our expert brokers to do the hard work for them. The consumer credit market is extensive, and rates offered by individual lenders vary across the market. We have access to a large market and source the best rates for each customer. Lenders will advertise their best rate for new goods, as opposed to second-hand, to borrowers with a good credit profile. Applicants with a less than good credit score may expect a higher rate than the best rate. Improving the personal balance sheet to improve the overall financial position may contribute to being offered a better rate. This may be achieved by reducing debt levels and paying off credit cards. A better rate may also be achieved by making a large downpayment to require a lower loan. A better loan amount compared with the value of the machine, is seen by lenders as lower risk and may achieve a better rate. Compare our current rates and request a quote based on your specific application details. ## May RBA Rate Cut Details & Prospects For those planning to apply for a motorbike loan a bit later in the year, whether or not further cuts may be on the horizon will be of interest. The RBA Board does not typically provide indications of their future decisions. The messaging is usually consistent in relying on the data at the time. In the May Monetary Policy Statement, RBA Governor Michelle Bullock noted that the decision was very much in response to headline inflation falling into the RBA’s target 2-3% range. The first time this has occurred for over three years. But Ms Bullock warned of the uncertainty as a result of the current global tariff situation as the Trump administration continues to apply tariffs globally. How other countries respond will be a key to economic growth, inflation and unemployment in Australia. The RBA will next announce a rate decision on Tuesday 8 July. **To achieve competitive motorbike loan interest rates following the recent RBA rate cut, contact 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.* **Categories:** Industry News --- ### [New Guide to Motorcycling in New England NSW](https://www.jadebikeloans.com.au/blog/industry-news/new-guide-to-motorcycling-in-new-england-nsw) **Published:** May 19, 2025 **Author:** Publisher **Excerpt:** A new guide to motorcycling in New England has been released by Transport for NSW to showcase rides, raise safety awareness and enhance the riding experience. **Content:** A new guide to motorcycling in New England has been released by Transport for NSW to showcase rides, raise safety awareness and enhance the riding experience. Browsing this free, downloadable guide may also raise interest in buying a new machine to further enhance your personal country ride experience. The New England area in the Hunter Region of NSW, is an extremely popular area for motorbike rides. But according to Transport for NSW, it is rates high for motorbike crashes. The 60-page guide includes safety tips with the aim of upping the awareness of safety when riding in the area. According to [the department](https://www.transport.nsw.gov.au "the department"), this latest guide is an expansion of the previous ‘Motorcycling the Hunter’ which won an award. The department’s spokesperson said that the area has some of the most picturesque rides in NSW, and covers across the ranges, through the Northern Tablelands and includes gorges, waterfalls and the plains. The guide was developed with input from local riders on their favourite ride routes. The guide also includes information on tourism in the region and emphasises road safety. Inclusion in the guide are downloadable GPX map files, advice to handle the local weather conditions, and options for communication when out of range for mobile phone service. We think that browsing the guide may not only spark interest in riding the region but also in upgrading your current ride for a model more suited to long country rides and with upgraded safety features. , browse the rides, and consider your financing options for that new machine. ## Motorcycling in New England Guide Overview The guide includes a number of rides with the information for each including the attractions available in the town, the sights to take in the surrounding areas, roads to take, and local intel on weather and road conditions. The Gunnedah ride takes in the Liverpool Plains with the fertile soil awash with the vibrant colours of crops including wheat, canola, cotton and sorghum. This ride will suit those interested in art with the town renowned for its active artistic community. Tamworth may be best known as Australia’s country music mecca, but it is also home to the Powerhouse Motorcycle Museum – a ‘must-stop’ for avid motorcyclists and collectors. Out of town, take Nundle Creek or Werris Creek Roads for some great riding experiences. The guide recommends the Moonbi Ranges ride, Nundle, Handing Rock, the Peel Valley and the lookout at Chaffey Dam. Around the town of Walcha are some of what are rated as Australia’s best motorcycle rides – the Oxley Highway and Thunderbolts Way. Check out the details in the guide and plan your trip. Armidale is one of the major towns in the region and apart from the university and cultural attractions, the area boasts world heritage lists national parks with amazing gorges and waterfalls. If you’re after the exhilaration of winding roads, browse the Glen Innes page in the booklet. Ride through the UNESCO heritage listed area of the Gibraltar Range and through the Washpool National Park for wilderness which is untamed and waiting you to explore. Other towns showcased in the guide include Uralla, Gwydir and Inverell. For anyone considering getting away for winter weekends and getaways, these areas can provide ideal locations and plenty of great riding experiences. ## Financing a Machine for Motorcycling in New England As mentioned, while offering fantastic riding experiences, this area is unfortunately known for many crashes. While safety is a priority for riding in all areas – urban and regional, special care should be taken in New England. This may start with ensuring your machine is suitable for the ride selected and has the best available safety equipment. If you’re current machine is not equipped with the latest options, then perhaps it is time for an upgrade. Upgrading to a new model machine may be very achievable with our affordable finance. Our [Secured Motorbike Loan](/secured-motorcycle-loans) offers highly competitive rates on new machines, with your best rate individually sourced by our brokers. With new models, many buyers will not need to provide additional collateral as the machine is accepted as the loan security. While browsing possible models for purchase, use our [Finance Calculator](/finance-calculator) to get quick repayment estimates on your loan. If you want to get a new machine quickly for an upcoming ride, we can arrange fast loan approval to expedite delivery of your machine. If looking to upgrade a current machine with new safety equipment and extras, we may have a loan option available to fund those expenses. Our [Unsecured Personal Loan](/unsecured-personal-loans) is a versatile form of credit which can be used to fund a wide range of personal expenses. A number of tech upgrades, safety measures, wet weather gear and possibly extra saddle bags may be packaged together and covered with an unsecured loan. Making it affordable to set your machine up to more safely handle the conditions expected on your planned route. **To get your motorcycling in New England plans underway with a new machine or upgrades to an existing machine, contact Jade Bike Loans on 1300 000 003 to discuss your financing options.** *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.* **Categories:** Industry News --- ### [Coming Soon… Start Planning Your New BMW Roadster Purchase and Finance](https://www.jadebikeloans.com.au/blog/bike-buying-articles/start-planning-your-new-bmw-roadster-purchase-and-finance) **Published:** April 28, 2025 **Author:** Publisher **Excerpt:** Buyers interested in the new BMW Roadster R1300R, due in 2025, can start planning their finance with tools and services available through Jade Bike Loans. **Content:** Buyers interested in the new BMW Roadster R1300R, due in 2025, can start planning their finance with tools and services available through Jade Bike Loans. Is it ever too early to making plans to buy a new motorcycle? Is it ever not a good time to consider buying the latest BMW model? As supporters of motorcycle enthusiasts, we think it is always the right time to prepare and plan. A new addition to [BMW’s impressive lineup](https://www.bmw-motorrad.com.au/en/home.html#/filter-all "BMW’s impressive lineup"), the R1300R, is expected to be available for buyers in the third quarter this year. We’re already well into the second quarter of the year, so why not get started on your purchase plans. Being prepared with finance ready before a new model is available to ride away can provide buyer benefits. Be ready to pre-order, be one of the first to ride out of a dealership on the latest machine and be reassured that you have spent the time to secure the most affordable financing. The new R1300R could be worth that preparation time. This latest version is reportedly replacing the R1250R and a step up with its bigger Boxer engine and new features for better fun and performance. ## BMW Roadster R1300R Features The new [R1300R](https://www.bmw-motorrad.com.au/en/models/roadster/r1300r.html "R1300R") packs 149Nm or torque, and as the brand claims, is a must-have for riders that savour pure enjoyment. The sharp, sporty design and features takes the comfort on this new machine to new levels. It is available in 4 colour variants. The list of standard equipment is impressive, as BMW riders have come to expect. They include Dynamic Brake Control, full integral ABS, ABS Proc, Riding Modes, Dynamic ESA, a keyless ride, Connectivity, LED lights, TFT display, Dynamic Brake Light, daytime riding lights, hill start control, adjustable windscreen, clutch and brake levers, and cruise control. Optional equipment may be also be ordered to suit rider styles and preferences. These extras include grip and seat heating and TPM and optional intelligent Riding Assistant. If you are planning to include any optional extras, remember to include the costs when estimating your loan. Our brokers can then work to including your total package in your financing. This new model suits wide roads on country rides and the tight curves that many routes entail, with its agility and stability – the ergonomics are sporty. Measure up to your expectations? Start considering your financing options. ## BMW Roadster Loan Options The first decision new motorcycle buyers need to consider with their financing is their choice of lender. The consumer credit market is quite large with loans available through banks, finance companies and even through many motorbike dealers. So, what’s the difference between what all these lenders have to offer? Don’t all lenders offer the same loans? All lenders that offer finance to consumers must be Licensed Credit Providers under [ASIC](https://www.asic.gov.au "ASIC") regulations and abide by the Responsible Lending Guidelines. These guidelines set out what information a lender must obtain from a loan applicant, and they include that a lender must not offer a loan to an applicant that is unsuitable to them. All lenders offering motorbike loans will provide some type of secured credit product such as our [Secured Motorbike Loan](/secured-motorcycle-loans). Differences across the market include how much a lender will extend on a personal secured loan, the interest rates they charge, and the individual criteria that they use to approve applications. While lenders generally follow the rate fluctuations of [Reserve Bank](https://www.rba.gov.au "Reserve Bank") decisions, their actual rates for different loans are based on their own internal market forecasts, funding costs and guidelines. With these interest rate variations, many buyers will try to find out which lender will offer them the lowest rate and best loan by applying to many lenders. This sounds like a sensible approach to sourcing credit. But what many individuals do not realise is that these multiple applications can reflect poorly in their credit report. Potentially cruelling their prospects of being offered a better rate. A quick, simple and sensible way to source the most affordable loan from the right lender is to use a finance broker. We have access to over 80 lenders and, using our systems and expertise, our brokers can quickly make the match between loan applicant and lender. All without harming the individual’s credit rating and without wasting time in securing the loan. ## Purchase and Finance Pre-Planning While interest rates may vary before the new R1300R is available for purchase, buyers can start planning their loan using our current rates as a guide. If rates move anywhere in coming months it is highly likely to be down with the RBA expected to cut the cash rate in coming months. Using our current rates and our [Motorbike Finance Calculator](/finance-calculator) and the available R1300R price estimates, buyers can get loan estimates. Prices we found start at $22,000 and up to around $31,000 for a R1300R with Option 719, all plus on-road costs. Start planning your purchase by working up your loan estimates, working the repayments into your personal budget, and if in the ballpark, consider getting pre-approved finance closer to launch day. We can even get you pre-approved now so you can confidently pre-order your machine. **To get your plans to purchase a new BMW Roadster when available, contact Jade Bike Loans on 1300 000 003 to discuss your financing options.** *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.* **Categories:** Bike Buying Articles --- ### [Budgeting to buy a new motorbike with finance? Here’s our expert prep tips.](https://www.jadebikeloans.com.au/blog/bike-buying-articles/budgeting-to-buy-a-new-motorbike-with-finance-heres-our-expert-prep-tips) **Published:** April 23, 2025 **Author:** Publisher **Excerpt:** In preparation to buy a new motorbike with finance, buyers may improve their loan prospects by addressing credit profile and financials and using a broker. **Content:** In preparation to buy a new motorbike with finance, buyers may improve their loan prospects by addressing credit profile and financials and using a broker. You may want to rush out to get that newly released model or the one you’ve had your heart set on for ages. But when a loan is required to make that purchase a reality, doing some basic prep and using professional financing services, may result in a much better outcome. Remember, the overall cost of the loan is what the machine is actually costing you. Taking steps to reduce those loan costs may mean a lower overall outlay. As specialists in motorcycle financing, we share some of our expert tips including some simple steps that buyers can easily take ahead of applying for financing. We also cover off on some of the basics of consumer loans to ensure you have a better understanding of what is involved when taking on finance. ## Loan Tips to Buy a New Motorbike Regardless of whether it may have been a while since you applied for a consumer loan or this is your first loan application, understanding the current lending market may be an advantage. There are many banks, finance companies and dealers offering finance for motorbikes. Some, like Jade, offer a specific loan, while some offer a more general Personal Loan. There will be some similarities in the format of a secured personal loan but there can be many differences across the lending market when it comes to the loan amount approved, the terms, and especially the interest rate. Lenders set their rates based on their own guidelines. Individual rate offers will depend on the specifics of the individual application. Many buyers will typically start contacting as many lenders as possible to find which will offer them the best loan. Be aware – this process may damage your credit profile. Lenders report applications to Credit Reporting Agencies which post them to individual credit reports and multiples can be considered a negative by lenders. A solution can be to use a broker to find your loan. As brokers, when we cover off on [our large lender base](/motorbike-loan-interest-rates) to find the best loan offer, there is no negative impact on our customer’s credit score. Lenders offering loans to consumers must be Licensed Credit Providers by [ASIC](https://www.asic.gov.au "ASIC") and abide by set procedures when assessing applications and making loan offers. Most significantly, lenders assess the credit score and financials very closely. The credit profile and financials – the personal balance sheet and income compared with debts and expenses, affects the interest rate you will be offered and how much you will be approved to borrow which could affect the model you can afford. Paying some attention to these matters prior to applying for a loan may assist in getting a better offer. Refer to [Moneysmart](https://www.moneysmart.gov.au "Moneysmart") for ways to get a free credit report to get started. If your balance sheet is not looking so positive – possibly have other loans, credit cards, etc, addressing these can also be a good idea. ## Comparing Loans to Buy a New Motorbike When buying a brand new model, a [secured format loan](/secured-motorcycle-loans) will be the most popular choice of credit product for most buyers. A secured format loan allows for the machine to be the collateral to secure the loan. Whether this is the only collateral required, will depend on the lender’s decisions. Interest rates on secured loans can be fixed or variable. Our secured loans have a fixed interest rate which means that the rate and the monthly payment won’t change while you’re repaying the loan. A variable rate can change if the lender changes their rates for that loan, which may happen if the Reserve Bank changes the cash rate. When comparing loans, also look at the terms offered. We offer a fixed term and with our fixed rate, that means fixed monthly payments. Now will you need to make a deposit? A lender won’t actually tell you to make a deposit. What they will tell you is how much you are approved to borrow on that particular machine. If the loan amount is less than the purchase price, then yes, you will need to pay a deposit. ## Planning Tool – Use a Loan Calculator These may sound like a lot of details to cover off on. But by using our [Motorcycle Finance Calculator](/finance-calculator), planning and prep can be quicker and easier. Buyers can work out their repayment estimates based on different machine and loan amounts and with different interest rates. To make the entire purchase with finance process even easier, buyers can apply for their loan with us before even making their machine selection. Pre-approved loans provide buyers with certainty around how much they are approved to borrow, know their monthly commitments, and select the machine to suit the loan. **If you’re intending to buy a new motorbike with finance, contact Jade Bike Loans on 1300 000 003 to have your loan arrangements handled expertly for you.** *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.* **Categories:** Bike Buying Articles --- ### [New Enduro Pricing Released - Get Your Triumph Motorcycles Finance Now! ](https://www.jadebikeloans.com.au/blog/bike-buying-articles/new-enduro-pricing-released-get-your-triumph-motorcycles-finance-now) **Published:** March 31, 2025 **Author:** Publisher **Excerpt:** 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. **Content:** 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](https://www.triumphmotorcycles.com.au/ "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](/motorbike-loan-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](/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.* **Categories:** Bike Buying Articles --- ### [How will the RBA interest rate cut affect your motorcycle loan?](https://www.jadebikeloans.com.au/blog/bike-loan-tips/how-will-the-rba-interest-rate-cut-affect-your-motorcycle-loan) **Published:** March 3, 2025 **Author:** Publisher **Excerpt:** The RBA February interest rate cut should flow through lending markets including motorbike finance lenders, with any cuts subject to individual lender decisions. **Content:** The RBA February interest rate cut should flow through lending markets including motorbike finance lenders, with any cuts subject to individual lender decisions. The Reserve Bank of Australia (RBA) sets and changes the cash rate with Monetary Policy decisions. This is not the rate that borrowers are charged by lenders. It is an overnight borrowing rate between lenders. Individual lenders – banks, finance companies, and other non-bank lenders, set their own rates based on their own guidelines. While most banks and lenders have been reported as passing on the full 0.25% rate cut to the mortgage holder customers, the scenario in the consumer lending market, specifically with motorcycle finance, may be different. We explain how this latest RBA decision may affect motorbike finance, both for existing and new borrowers. ## RBA Interest Rate Cut Decision At its [February meeting](https://www.rba.gov.au/media-releases/2025/mr-25-03.html "February meeting") the RBA Board lowered the cash rate by 0.25%. While the decision was widely expected by the markets, it was not a definite by the RBA. In announcing the decision, Governor Michele Bullock noted that inflation was moving closer to the Bank’s target range of 2-3%. Ms Bullock also noted that the labour market is unexpectedly strong, and the Board remained cautious in regard to any further easing of Monetary Policy, that is, rate cuts. The Board sees the outlook as uncertain on both the domestic and global level. Domestically in regard to activity in the economy and inflation. The priority for the RBA remains as returning the rate of inflation to target. Based on recent forecasts, Ms Bullock said that they suggest that disinflation could be stalled if monetary policy is eased too early, by too much. But the progress made was acknowledged. ## Lender Responses to Rate Cuts For those with consumer loans or planning to apply for a loan, their priority will be what does the rate cut mean for them? As mentioned above, the RBA decisions affect the cash rate. Lenders use this cash rate as a foundation for setting their own rates. They then need to allow for their own borrowing and operational costs and other factors, using the economic forecasts and projections of their own analysts. Guidelines vary across lending markets as is clear in the rate variations with different lenders and with different loan products. While cuts and increases are traditionally quickly made in the home loan markets, timing of changes in the consumer and commercial lending sector can differ. Some lenders may quickly pass on a cut, some in full, some in part. Others may wait before changing their lending rates, some act ahead of a decision. Differences in the amount of any rate change and the speed at which it is implemented by a lender may vary for variable and fixed rate loans. A key reason why having access to many lenders through a broker when seeking finance can be an important benefit for borrowers. With our 80+ lender accreditations and latest tech systems, we are across how the consumer and commercial lending markets have responded to the latest RBA decision. Enabling our brokers to continue to quickly source the best available rates to suit individual customers. ## Interest Rate Cut Impact on New Motorcycle Loans Motorbike buyers applying for new loans will have their loan priced and offered on the latest lender rates. Where a lender has reduced their rates in response to the RBA decision, this may represent a reduction in the monthly repayments and total interest payable, compared with at the pre-decision rate. Our current advertised rates across our portfolio, are updated daily and reflect the latest market rates. Buyers looking to plan their loan prior to purchasing, can use our Finance Calculator to see how our best current rates may work with repayment estimates for the machine they are considering. ## Rate Cut Effect on Existing Loans For those with an existing motorbike loan, whether or not there is any change to your loan from the RBA decision will depend on the type of rate – variable or fixed. Fixed rates apply to our [Secured Motorcycle Loans](/secured-motorcycle-loans), while fixed or variable rates may apply to our, and other lender, [Unsecured Personal Loans](/unsecured-personal-loans). Fixed rate loans will not change over a fixed term. The rate is secured when the finance is arranged and remains at that level until the loan is finalised. A variable rate is subject to change where a lender changes their rates. Borrowers with variable rate motorbike finance may see their rate and hence their repayments reduced as a result of the RBA February decision. Subject to individual lender decisions. ## Will there be more interest rate cuts? This is the big question that many want answered, especially those looking to buy a new machine with finance in the near future. In the [media conference](https://www.rba.gov.au/speeches/2025/mc-gov-2025-02-18.html "media conference"), which followed the RBA rate announcement, Governor Michele Bullock was asked that specific question. Ms Bullock’s response – ‘I couldn’t say’. She elaborated by saying that while the markets expect a number of cuts through to md-next year, the RBA decisions will be based on the data. Other key points made by Ms Bullock in the media conference was that the February decision did not imply that more cuts were coming, and that the decision was a difficult one as there were arguments on both sides. An interesting development to watch will be the commencement of the new RBA Monetary Policy Advisory Board. This creation of this new body was an outcome of the 2022 Reserve Bank Review. The new Board, which includes the Governor Michele Bullock, will be making rate decisions from March. Previously, decisions were made by the Board of the Reserve Bank. The next interest rate decision meeting will be held 31 March – 1 April. **To secure the best motorbike finance rates following the RBA February interest rate cut, contact 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.* **Categories:** Bike Loan Tips --- ### [2025 Models Revealed – Harley-Davidson, BMW, Triumph](https://www.jadebikeloans.com.au/blog/industry-news/2025-models-revealed-harley-davidson-bmw-triumph) **Published:** February 7, 2025 **Author:** Publisher **Excerpt:** A new model in the 2025 Harley-Davidson range is the Street Glide Ultra with other models updated and other 2024 variants also included in the latest line-up. **Content:** It’s an exciting time for riders in the market for a new machine with 2025 models unveiled from a number of the most sought-after brands including the iconic Harley-Davidson, Triumph and BMW. A new model in the 2025 Harley-Davidson range is the Street Glide Ultra with other models updated and other 2024 variants also included in the latest line-up. Triumph and BMW also have updated models for buyers to consider. For buyers requiring finance to make the purchase, while our highly competitive interest rate loans are always attractive, we may see the RBA cut rates early this year and lenders may follow. Making acquiring one of the exciting 2025 line-up models an even more attainable and affordable goal. ## Harley-Davidson 2025 Line-Up The 2025 line-up of models from Harley is, as expected, impressive. They include models in the LAMS-approved X range, Grand American Touring selection, Trikes, Cruisers, Adventure Tourers and Sports collection. But the main attention is on the new machine to the range, the [Street Glide Ultra](https://www.harley-davidson.com/au/en/motorcycles/street-glide-ultra.html). This new model includes innovations and features to enhance the enjoyment and experience of long- distance rides. Inclusions such as an ergonomically designed seat to relieve pressure on the spine. Comfortable seating for your passenger and double the storage on the standard model to handle what you need to take. Style-wise, the new model is available with chrome or black trim and in four colours for riders looking for an edgy difference. The company is advertising a starting price of just under $49,000 for the Harley-Davidson Street Glide Ultra. How does that equate to motorcycle loan repayments? Get estimates by using that figure as the loan required in our [Motorbike Finance Calculator](/finance-calculator). Models in Harley’s Cruiser collection have been updated with the company’s famous engine now standard on 6 of these models along with new technology and other new features. Another model receiving the update treatment is the Sportster S and several popular models from 2024 and included in this year’s line-up. ## Triumph Update 2025 [Triumph](https://www.triumphmotorcycles.com.au/) enthusiasts – mark your diaries for the expected April arrival of the new Speed Triple 1200 RS. This updated model features, as the name implies, three times the power amongst numerous other new features in handling, tech and aids for riders. Starting price is quote at around $31,500. Buyers looking to pre-order and be ready to take delivery when the first machines arrive, can speak with us about pre-approved bike finance. Other new Triumph models include the Tiger Sport 660 which is LAMS-approved and available from just under $16,000 starting price and the new Speed Twin 1200 with starting price quoted at $22,990. For Motocross enthusiasts, check out the new TF 450-RC which starts from $16,995. ## BMW R18 Overhaul Enthusiasts of BMW Motorrad can now register their interest in the updated R18 Heritage Cruiser. Available in a number of variants and colours, this is an icon which, as the company describes, continues to keep reinventing itself. This updated version has a number of style changes and increased torque amongst other new features. The Big Boxer 1802cc engine has been updated, is compliant with Euro 5+ standards and has a capability of 91hp. The rear wheel is increased from 16” on previous models to 18” and the seat has an extra 10mm of padding for increased rider comfort. To get on this new R18, buyers are looking at a starting price of just under $23,000 and up to a starting price of nearly $38,500 for R18B Option 719 variant. Victorian riders interested in experiencing more about BMW motorcycles can look at attending the upcoming BMW GS Experience. The event will held in Coldstream VIC on 25-26 February. [Find more details…](https://www.bmw-motorrad.com.au/en/experience/events/gsx-vic.html) ## BMW, Triumph & Harley-Davidson Finance Options While checking out 2025’s new models, buyers may also consider their financing options. New machines can be financed with a [Secured Motorcycle Loan](/secured-motorcycle-loans) with the machine used as the loan collateral. This type of credit attracts the lowest rates from lenders, but all rates are subject to individual credit profiles and financials. We source the best possible rates from our large market to ensure the purchase is affordable, with fixed rates and fixed repayments. Buyers wanting finance confidence and assurance before pre-ordering or registering their interest can apply for their loan ahead of ordering. This process is straightforward, follows the same processes and involves the same application requirements as post-buy loans, but with an estimated loan amount required. We obtain quotes and conditional approval, so buyers have that confidence to proceed to pre-order. The loan specifics are finalised when the purchase proceeds and the final purchase price is known. To be one of the first to ride the newest motorcycle models for 2025, start by using our Finance Calculator to compare estimated repayments on different models and plan your loan and your purchase. Or contact us for a quote and to get your finance sorted. **For best rate finance on a new Harley-Davidson, contact 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.* **Categories:** Industry News --- ### [Looking to compare motorbike loan interest rates? Expert tips on what to consider.](https://www.jadebikeloans.com.au/blog/bike-loan-tips/motorbike-loan-rates-comparison) **Published:** January 20, 2025 **Author:** Publisher **Excerpt:** To compare motorbike loan interest rates, buyers can review fixed & variable options, Comparison Rates, lender conditions and repayments using a loan calculator. **Content:** Buyers requiring finance to purchase a new motorcycle will be seeking the most affordable option, based primarily on the best interest rates. There are many variations in credit products and rates with the numerous lenders in the consumer finance market. Finding the best option can involve considering not only lenders but the specifics of each credit option. To compare motorbike loan interest rates, buyers can review fixed & variable options, Comparison Rates, lender conditions and repayments using a loan calculator. To simplify the process, we provide expert tips on what to look for in comparing rates as an initial step when preparing to take on credit to fund a new machine. ## Compare Motorbike Loan Interest Rates by Lender Buyers surveying the market for motorcycle finance will quickly realise the differences in not only rates but credit products with different banks, finance companies and dealers. Before comparing rates offered by lenders, buyers can start with comparing credit products to ensure they are considering the product that best suits their requirements. While [ASIC](https://www.asic.gov.au) regulates the Consumer Credit market with Responsible Lender Guidelines, these guidelines focus primarily on loan application approval. They do not regulate the rates and all specific credit product features. Lenders may offer a general Personal Loan for purchases such as motorcycles, which may be secured or unsecured. We provide specific [Secured Motorbike Finance](/secured-motorcycle-loans) which is secured with the machine being funded. New and quality second-hand bikes can be financed with secured credit. Used machines need to be approved as suitable collateral or an unsecured product may be used. In considering if a credit product is suitable, check the maximum and minimum credit products suit the amount required for the finance. Check the terms available for the finance. The term may not affect the rate offered but can affect the total interest payable and the monthly repayments. Check any special conditions which a lender may include in their credit products to ensure they suit your requirements. ## Compare Fixed with Variable Rate Finance A key difference with consumer credit products is whether the rate is fixed or variable. A fixed rate will remain at that level and unchanged over the full fixed term of the credit. A variable rate changes when the lender changes their rates. This typically occurs when the [Reserve Bank](https://www.rba.gov.au) changes the official cash rate. But lenders can change their rates at any time and may do so with a cut or a rise, before the RBA moves. Some personal loan products are offered with a variable interest rate. Our Secured Motorbike Loan has fixed rates which ensure a fixed repayment and no changes over the fixed term. When comparing rates, keep in mind that rates for new and used machines can be different. ## Understand Comparison Rates An important aspect to understand with Consumer Credit are Comparison Rates. When comparing lender rates, you will notice two rates displayed – known as the interest rate and the Comparison Rate. The Comparison Rate is the interest rate calculated on a specific credit example which must be detailed alongside the rate. The Comparison Rate will include some, but not necessarily all, lender fees and charges. Comparing Comparison Rates and the difference between advertised and Comparison rates, may provide an insight into the lender fees. ## Using a Calculator to Compare Motorbike Loan Interest Rates Comparing a rate based purely on the percentage may not provide buyers with sufficient information to make their buying and finance decisions. A [Finance Calculator](/finance-calculator) is a useful device to provide greater perspective for buyers. Buyers can calculate repayment estimates using different rates, for the amount they are seeking to borrow. The repayment estimates generated with the different rates can then be compared. To get estimates, enter the amount required, preferred term and a rate. The rate may be our currently displayed best rate, or a rate obtained from another lender. Leave the total and term unchanged and enter a different rate to obtain an estimate for that lender. ## Getting the Best Rate Offer While making comparisons is a useful process, the end objective is to be offered the best possible rate. Lenders will display their current best rate which is for new motorbikes and for applicants with a good credit rating. Prior to applying for credit, buyers may improve their prospects of achieving that best rate by addressing their credit position. Credit positions may be improved by paying off other debts such as personal loans and credit cards and by fixing any errors on the credit report. Buyers can simplify and expedite the entire process of obtaining sufficient information from lenders to make comparisons by using a broker to source their motorcycle finance. As brokers, we source customers the best offer from across our lender base which includes over 80 – banks and finance companies. We do the work of selecting the lender that is best suited to the individual profile and requirements of our customer and sourcing the best rate offer. **To easily compare motorbike loan interest rates, contact Jade Bike Loans on 1300 000 003 for your best rate quote.** *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.* **Categories:** Bike Loan Tips --- ### [Be ready to buy & ride - tips to get your best new motorcycle finance](https://www.jadebikeloans.com.au/blog/bike-buying-articles/best-motorcycle-finance-2025) **Published:** January 6, 2025 **Author:** Publisher **Excerpt:** Jade Bike Loans advises that attending to credit issues and selecting the right loan and lender may contribute to securing the best new motorcycle finance. **Content:** Perhaps it’s a new year’s resolution. Perhaps it’s your first bike. Perhaps you hanker for a suitable machine to take you on long rides, tackle new adventures or off-road tracks. Whatever the motivation for the purchase, riding out of a dealer showroom on your new motorbike sooner, and in a better financial position, may come down to being prepared to secure the best new motorcycle finance. Most buyers of the latest models will require a loan. Loans for goods like motorbikes vary across the consumer credit market with different rates, approval criteria and even lending products. Jade Bike Loans advises that attending to credit issues and selecting the right loan and lender may contribute to securing the best new motorcycle finance. Spending a bit of time addressing finance issues at the same time as deciding which model to purchase, may pay dividends. ## Check New Motorcycle Finance Eligibility Motorbike loans come under the consumer credit lending sector with guidelines set by [ASIC](https://www.asic.gov.au) which lenders must adhere to. To be eligible for consumer loans, applicants must be 18 years or over, have regular verifiable income and/or employment, Australian residential details and provide a range of documents regarding residency, employment and financial position. The types of documents which can be requested include payslips, bank statements and income tax returns. If this is the first time the applicant has applied for a loan, they may be required to provide additional security or require a guarantor. Our brokers can advise applicants of what is involved if a guarantor is required or preferred. The rider status – new licence holder or experienced, is not a requirement to apply for a loan. But insurance is required with goods purchased with credit and the age and/or experience of the rider may impact the policy – subject to individual insurer guidelines. Beyond the ASIC requirements, lenders will have their own guidelines for approving loan applications based on credit scores, and for establishing credit limits for individual applicants. We assist applicants by selecting the lender that best suits their particular profile. ## Credit Facilities for New Motorcycle Finance [Secured Motorbike Loans](/secured-motorcycle-loans) are the most widely used credit product for new bikes of all types. The size, variant and model does not directly impact the type of loan. This type of credit may be known as a Secured Personal Loan by some lenders and uses the bike as the collateral for the loan. Saving buyers from having to find other assets to put up as loan security. With the goods as collateral, lenders may approve more attractive interest rates and higher loan totals. The amount a buyer can borrow is the individual credit limit as approved by a lender. This borrowing capacity can determine what deposit the buyer will be required to make on their purchase. Applying for a loan prior to committing to the purchase, allows buyers to know their borrowing limit and select the motorbike with a price to suit. We can assist with pre-approved loans which are conditionally approved prior to purchase. As goods purchased under finance, insurance will be required on a motorbike financed with a secured loan. Lenders will need details of the insurance policy – policy number, insurer, etc, before they will settle the finance. Buyers typically obtain a cover note with an insurer which covers the bike for a short time while the policy is being arranged with the insurer. Buyers may expedite settlement and delivery of their machine by researching their insurance options ahead of time. Ask our brokers for assistance with motorbike insurance. ## Navigating the Lending Market Loan Variations Securing the best motorbike loan can depend on securing the best interest rates. That can be a major challenge with variations across the consumer lending market with rates as well as with application approval criteria. Lenders set their own interest rates which typically reflect, but are not the same as, the cash rate as set by the [Reserve Bank of Australia](https://www.rba.gov.au). In trying to find the best rates, buyers are cautioned to avoid applying for the same loan from many banks and finance companies to obtain quotes to compare. This has the potential to result in negatively affecting the credit score which in turn affects any rate offered. This can be avoided by using our broker services. We source the lender that best suits each customer’s profile and requirement and the [best available interest rates](/motorbike-loan-interest-rates). ## Address Credit Scores to Secure Best New Motorcycle Finance Key to securing the best loan offer is having a good credit score. Lenders advertise their best rates for applicants with good credit scores. Individuals can obtain a copy of their credit report and check if there are any issues which may be fixed to improve their score. Details on how to do this are available at [Moneysmart](https://www.moneysmart.gov.au). Being approved for the best borrowing capacity may depend on the financial position. Where possible, pay out current loans and debts to reduce liabilities and improve the overall financial position prior to submitting a new loan application. ## Use Buyer Tools to Compare and Plan When planning to purchase a motorbike with credit, buyers can use our [Motorcycle Finance Calculator](/finance-calculator) to prepare and compare different loan options. This too allows buyers to quickly calculate estimated monthly repayments for models at different prices and with different loan amounts to establish the most workable options and preferences. **To secure your best motorcycle finance, contact 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.* **Categories:** Bike Buying Articles --- ### [Need a new ride for a spur of the moment road trip? How to get a quick motorbike loan](https://www.jadebikeloans.com.au/blog/bike-loan-tips/quick-motorbike-loan-tips) **Published:** December 9, 2024 **Author:** Publisher **Excerpt:** Experts in motorcycle financing, Jade Bike Loans explain how buyers don’t have to compromise on competitive rates and terms when needing a quick motorbike loan. **Content:** So, you or your riding mates have decided on a holiday road trip at the last minute, and you need a new motorcycle. Possibly yours has a mechanical issue, is not suitable to the terrain, route or long-distance travel involved in the trip plan. Whatever the reason, you need it now and you need a quick motorbike loan to make the purchase. What do you do? Resort to ‘payday’ type credit? Will a bank process your application quickly enough? Our long does it take to get a loan? Will you have to pay a higher rate? Experts in motorcycle financing, Jade Bike Loans explain how buyers don’t have to compromise on competitive rates and terms when needing a quick motorbike loan. First and foremost, don’t panic. Don’t sign up for credit you can’t afford under the misapprehension that that is your only option. Don’t apply to multiple banks and lenders to quickly find the best offer as this may damage your credit profile. Expert services and competitive rates are available for buyers in a hurry. We address some of the queries that buyers may have around the prospects and possibilities of getting finance arranged quickly for last minute purchases. ## What credit options are available for a quick motorbike loan? The same credit products are available to finance motorcycles whether the loan is required quickly or in a standard timeframe. The type of credit may depend on whether the machine is new or second-hand. A [Secured Motorcycle Loan](/secured-motorcycle-loans) is the most widely used credit product for new and many second-hand models. Some banks and finance companies may offer credit in this secured format as more general personal loans. When buying second-hand, lenders will need to assess the machine for suitability as collateral and check the [PPSR](https://www.ppsr.gov.au) to ensure it is not under finance. While this is another step, it is done quickly by our brokers and other lenders and should not slow down the process. Where a machine is not accepted as suitable collateral, buyers may consider an unsecured credit product. ## Will needing a quick motorbike loan mean higher interest rates? Needing finance promptly should not necessarily be a sign of desperation to lenders and higher rates should not apply. At Jade we secure the same interest rates whether a customer requires their finance quickly or not. Lenders check credit profiles and the overall financial position when making rate offers. These assessments are not based on how fast the applicant requires approval. ## How long does it take to get a motorbike loan? The amount of time taken to get finance may depend on individual lender procedures and services. The application needs to be assessed in line with the [ASIC](https://www.asic.gov.au) consumer credit guidelines. Beyond that, getting fast approval may depend on how fast the lender responds to enquiries. We provide fast approval with many getting their answer within 24 hours. Applications can be made prior to the purchase being finalised or model selected which may further expedite the entire acquisition process. Once finance has been approved and the application processed, the final stage is settlement. This is the process of the lender paying the dealer for the goods on behalf of the finance applicant, the buyer. If the machine needs to undergo a pre-delivery process by the dealer, that timeframe may need to be allowed for. The machine will also need to be registered – a process often handled by a dealer. A machine purchased under finance will need to be insured. Lenders will require insurance details before they complete settlement. ## Basic Guidelines to Getting a Quick Motorbike Loan Here a few basic tips and hints to expedite your purchase with finance: - Select a model within your affordability range using a [Finance Calculator](/finance-calculator) to assist. Why is this relevant? You could waste time applying for finance on a machine that you can’t afford on your income or your budget. Having rough estimates can help to narrow down the selection and expedite the finance side of the purchase. Use the price of different models as the finance required to compare estimated repayments on different options. - Get the details required for the application ready ahead of time. Being prepared to apply can save time. You will need to provide details of your income, employment, financials and similar details. Have payslips, bank statements and tax returns at the ready to ensure you can complete the application form quickly. - Use a broker rather than applying to multiple lenders. Taking time to submit applications to multiple lenders can be a time waster and has the potential to damage the credit profile. Multiple applications for the same credit can be seen as a negative when lenders review the profile. We have access to more than 80 lenders and quickly find the lender that best suits the profile and is offering the best deal. One contact with a broker for contact with over 80 lenders – a real time and rate saving move. - Don’t rush for dealer finance. This follows on from the above point. It can appear a smart move to simply sign up for any finance offered by the dealer. Many dealers do now offer finance usually through manufacturer offers. But this offers no choice of finance company and may not be the most competitive finance available. Contacting us for the best offer from our larger lender base can also be very fast and a very smart move. - When applying online or by phone, ensure all details uploaded are correct and comprehensive. Any incorrect information or incomplete applications may slow down the approval process. - Plan insurance ahead of time. You will need to have any machine purchased with finance fully insured. Do your homework on insurance policy options at the same time as selecting the machine and applying for finance. Cover notes can usually be obtained quickly over the phone, and the actual policy finalised later. **For a quick motorbike loan for a last-minute purchase, contact 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.* **Categories:** Bike Loan Tips --- ### [Get on your new ride sooner - know what’s needed to apply for a motorcycle loan](https://www.jadebikeloans.com.au/blog/bike-loan-tips/get-on-your-new-ride-sooner-know-whats-needed-to-apply-for-a-motorcycle-loan) **Published:** August 5, 2024 **Author:** Publisher **Excerpt:** The experts at Jade Bike Loans assist riders to apply for a motorcycle loan with streamlined processes, individual service and fast approvals. **Content:** When in the market for a new motorbike, most riders will want to make their decisions and get on their new machine as soon as possible. You know what you want in your new ride. Know the type of motorbike, have preferred or even favourite manufacturers and are narrowing down the short list with test rides. But if you need finance to buy that new ride, do you know what’s needed to apply for a motorcycle loan? Are you prepared for that critical stage in the buying process? Knowing what’s involved in the application process, being prepared with the right documents and using available expert services and resources, may expedite the purchase and with a better motorbike finance deal. A better interest rate and more affordable repayments. We’ve prepared this guide with details on what loan applicants will need, tips on what to avoid and how to get the best motorbike finance deal. ## Step One – Are You Eligible to Apply for a Motorcycle Loan? Before getting over-excited about buying a new machine with finance, it’s wise to know if you are eligible to get approved for that finance. Loans for motorbikes fall under the category of Consumer Credit. Lenders in this market operate under regulations and guidelines set by [ASIC](https://www.asic.gov.au). Responsible Lender Guidelines must be adhered to by lenders and these regulations determine the information required and the eligibility criteria. These are minimum requirements, and banks and finance companies can have their own guidelines for approving loan applications. These can include minimum credit scores, credit limits, and loan limits. The essential requirements for eligibility include: - Over 18 years of age. - Permanent Australia or New Zealand residency or hold current appropriate visa. - Regular source of taxable, verifiable income in Australia. - Residential Australian address – verifiable and fixed. - Credit history. Having a motorcycle rider’s licence is not a condition of eligibility to apply for a motorcycle loan. ## Step Two – Check Your Credit Profile Credit history, score and profile are integral to getting the best finance offers. The credit score reflects the risk factor of lending to an individual and lenders review credit profiles when deciding on interest rate offers, loan limits, and approving applications. Good scores attract the best rate offers and can contribute to being approved for a higher loan amount, which may reduce the deposit needed. Tip – applying to multiple lenders for the same finance can cause negative impacts on an individual’s credit profile. These applications are noted in credit histories, even if not proceeded with, and are typically considered a negative by lenders. To ensure the credit profile is in the best shape, address the position before submitting a loan application. Head to [Moneysmart](https://www.moneysmart.gov.au) for ways to improve a credit rating by fixing errors. Another tip – improve the overall credit position by reducing debts – pay off loans, finalise BNPL instalments, and other outstanding commitments. ## Step Three – Prepare Documents to Apply for a Motorcycle Loan Being prepared to submit all the required documents with the application can contribute to a faster processing and approval process. You will need: - Identification with the usual documents such as passport, birth certificate, Australian driver’s licence, Medicare card and photograph ID. - Detail financial liabilities such as credit card balances, loans, debts and BNPL instalments outstanding. - Detail specifics of assets in your name – eg, current motorbike, cars, items of value, investments, etc - Proof of income with wages and payslips and/or documents for income from sources including investments, property, shares and Government payments. Having the latest tax return on hand is advisable. - Detail regular, recurring living expenses and bills such as rent, utilities, etc. - Bank statements. - Specifics of the motorbike being bought – make, model, new, used, price, accessories. ## Step Four – Check Deposit and Collateral Requirements Before applying for a bike loan and before committing to buy a machine, it can be smart to know what collateral you’ll need and what deposit you may have to make. Buyers of new machines and quality second-hand rides will be selecting the [Secured Motorcycle Finance](/secured-motorcycle-loans). This type of loan allows for the ride to be used as security for the finance. Whether or not this is the only collateral required will be subject to the lender assessing the application. The deposit required will be based primarily on the individual credit limit as assessed by the lender. Where the loan amount requested is above the credit limit, buyers may need to make a deposit. Some buyers can be approved to borrow the full amount of the purchase, even including accessories. When [using our services](/why-jade-bike-loans), our experts match buyers with the right lender from the outset. Ensuring these aspects of the application process are streamlined and straightforward. ## Priority – Use the Experts to Apply for a Motorcycle Loan While we’ve left this point to last it should really be the first step and a priority for buyers seeking a streamlined and fast way to achieve the best motorcycle finance. The experts at Jade Bike Loans assist riders to apply for a motorcycle loan with streamlined processes, individual service and fast approvals. We handle everything from that initial enquiry – finding buyers the most suitable lender, [the best rate](/motorbike-loan-interest-rates), processing the application and even assisting with settlement. So if you are looking to get on your new ride faster and with the best finance deal, apply for a loan with Jade, online or by phone. **For fast application processing and approval, apply for a motorcycle loan with Jade Bike Loans on 1300 000 003 or online.** *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.* **Categories:** Bike Loan Tips --- ### [Know the requirements for collateral for motorbike loans](https://www.jadebikeloans.com.au/blog/bike-loan-tips/know-the-requirements-for-collateral-for-motorbike-loans) **Published:** August 19, 2024 **Author:** Publisher **Excerpt:** Jade Bike Loans assists buyers by sourcing the most suitable lender and credit product including addressing the collateral for motorbike loans requirements. **Content:** When considering finance to buy a motorcycle, buyers will typically focus on the interest rates offered by different lenders and on different loans. But there are many other aspects of taking on finance that buyers should be aware of and take into consideration. One aspect which may not receive as much attention as say rates and terms is what is required for collateral for motorbike loans. While there are variations across the lending market with rates, finance limits and other loan features, there can also be variations in what individual lenders will accept as suitable security against the funds being loaned. This may be important. If a buyer can’t meet individual lender loan collateral requirements, it may mean lowering the loan amount by paying a higher deposit, putting up other personal assets as loan security, paying cash for the machine, or having to forget proceeding with the purchase completely. Knowing the requirements for collateral for motorbike loans prior to applying for finance, may assist with motorcycle selection and with obtaining the most suitable loan. ## What is collateral for motorbike loans? Loan collateral is the goods provided as security against funds borrowed. Collateral, or security, is typically provided by the goods being financed for secured credit products. Where a lender does not accept the goods as the sole form of security, applicants may be required to provide other personal assets as security. These other assets may include real estate property or other assets such as boats, cars and similar. Lenders will register their interest in goods used as collateral under finance with the [Personal Property Security Register (PPSR)](https://www.ppsr.gov.au). When the finance is finalised, the security interest is released by the lender. The lender’s interest in, and acceptance of, goods used as collateral finance provides them with the right to repossess the goods if the borrower defaults on the loan. With goods secured as collateral against finance, lenders have greater confidence of recouping the funds extended. Hence, secured finance offers better rates than unsecured credit products. ## How Lenders Approve Loan Collateral While consumer loans are regulated through [ASIC](https://www.asic.gov.au) regarding guidelines for approving loans, collateral requirements may vary across the market. When an application for secured finance is received, lenders assess both the credit profile and financials of the applicant and the suitability of the goods being financed as security. Lenders assess the value of the goods being purchased against the loan amount requested. The loan to value ratio. When interest is added to the original loan amount, the total payable on the motorbike increases. Lenders will be considering the age and condition of the machine, and the projected resale value should they need to repossess and sell the machine to recoup funds. Lender decisions re acceptance of a machine as security can impact no deposit finance approvals and loan limits. The credit profile of the applicant always plays an important role in getting approved for motorcycle finance. A good profile is considered a good risk and may contribute to more agreeable collateral requirements being approved. With collateral held as security for a loan, lenders can have greater confidence and be more amenable to approving more competitive rates and higher borrowing limits. A higher limit may allow a buyer to get approved for no deposit finance – borrowing the full purchase price of the motorcycle. Where collateral is not considered suitable as sole security, a lower loan amount may be set. This may mean buyers have to pay a deposit. ## Collateral Requirements for New Motorbike Loans [Secured Motorcycle Finance](/secured-motorcycle-loans) will be the loan of choice for most buyers of new motorcycles. New machines are typically accepted as suitable collateral for a loan. Whether or not the machine can be used as the only collateral, will depend on the lender’s assessment of the application. ## Used Bike Finance Collateral Options Second-hand machines will need to be approved by lenders for secured finance. The age and condition and value are considered. Many good quality, recent model machines are accepted as collateral for secured finance by many lenders. Where a machine is not accepted as suitable collateral, buyers can consider taking on an [Unsecured Personal Loans](/unsecured-personal-loans). This type of credit does not require collateral but does attract a higher interest rate than secured format finance. Buyers considering second-hand machines may use our [Motorcycle Finance Calculator](/finance-calculator) to compare estimated repayments on secured and unsecured loan options to assist with purchase decisions. ## Using a Broker to Handle Motorbike Loan Collateral Approval Jade Bike Loans assists buyers by sourcing the most suitable lender and credit product including addressing the collateral for motorbike loans requirements. We provide a comprehensive service to select the most suitable lender, from across our 80+ lender panel, to match both the buyer and the machine. We handle each application individually, with our brokers personally negotiating with our lenders on achieving the best rates, terms and loan limits, with collateral requirements a key consideration. Saving buyers time in sourcing the most suitable motorcycle finance and ensuring they receive the solution that best meets their requirements. **For expert assistance and services regarding approval of collateral for motorbike loans, contact Jade Bike Loans on 1300 000 003 or online.** *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.* **Categories:** Bike Loan Tips --- ### [Start planning your trip to the island for the Australian Moto GP](https://www.jadebikeloans.com.au/blog/industry-news/start-planning-your-trip-to-the-island-for-the-australian-moto-gp) **Published:** September 16, 2024 **Author:** Publisher **Excerpt:** To ride to the Island for the Australian Moto GP on a new machine, apply for motorbike loans with Jade Bike Loans for fast approval and competitive rates. **Content:** The Australian Moto GP is not far away so it’s time to make your travel plans, book your accommodation, select your hospitality package preference, and purchase your tickets. If you would like to ride to the island on a new machine and/or join Mick Doohan on the Homecoming Ride, add to the list getting sorted with motorcycle finance to make the purchase. This iconic Grand Prix will be held at Phillip Island from Friday 18 through to Sunday 20 October 2024 with Moto 2, Moto 3 and the top Moto GP machines in action over the three days. Fans can take in the action on-track and the entertainment and hospitality off-track with a range of ticket options and packages available. With local fans no doubt cheering on Aussie Jack Miller, this is a must-attend event for motorcycle enthusiasts. So, get your plans and your new machine locked in and be ready to take in the action trackside. ## [Australian Moto GP](https://www.motogp.com.au/ "Australian Moto GP") Details While there is plenty of off-track attractions such as the Heroes Walk, fans won’t want to miss a minute of the on-track action. The track action gets underway straight up at 9am on the Friday with a day of practice sessions for all three classes up until 4pm. Practice continues from 8.40am Saturday before the qualifying sessions start at 10.50am and continue through to 2.30pm. Then at 3pm the race action starts with the 13 lap sprint race in the top class. Sunday is reserved for the race action after a 9.40am warm-up session for the top class. Then it’s the Moto 3 race at 11am, followed by Moto 2 at 12.15pm, and the main event at 2pm – the 27 lap top class race to crown the Australian Motorcycle Grand Prix champion for 2024. ## Secure Tickets to Australian Moto GP Tickets are on sale with 1, 2 and 3 day passes and options for general admission and grandstand and add-ons such as camp sites. Some of the site options are already sold out, so get in fast to [secure your tickets](https://www.motogp.com.au/tickets "secure your tickets"). Options include the Island Pass, The Clubhouse, Grandstand and Trackside Club. ## Hospitality Package Opportunities For those wanted an elevated experience, consider the hospitality options available. Businesses may be interested in booking a suite to entertain guests, while serious fans may consider the High Octane Club, Champions Club and the VIP options. In addition to what is offered by organisers, look into what may be available through individual manufacturers. [Yamaha has hospitality packages](https://www.yamaha-motor.com.au/discover/news-and-events/events/motorcycle/2024/june/2024-yamaha-motogp-hospitality) advertised but be quick. It’s a big month for the brand with their anniversary celebrations and new model launch, so interest in all things Yamaha is sure to be strong. To immerse in the spirit, check the Fan Zone section of the event website for the merchandise available. Riders featured include Jack Miller, Marc Marquez and of course The Doctor himself, Valentino Rossi. ## Accommodation and Travel The classic way to fully immerse in the Phillp Island Grand Prix experience is to camp on site. These opportunities are limited and must be booked when purchasing tickets. If camping on the island is not your style, there are many styles of accommodation available with places to stay at Phillip Island, in San Remo and in the Bass Coast region, with links on the event website. For those staying off-site, there are a number of available options to get to the track each day. A coach service is available with a number of pick-up points, the fast ferry runs to the island from Stoney Point and Cowes, travel by air and arrive VIP-style in a chartered helicopter, or travel by car or bike by road. For riders looking for a very special travel experience, join the legendary Mick Doohan on the [Homecoming Ride](https://www.motogp.com.au/event/homecoming-ride) on the Thursday 17 October. The ride departs around 11am and travels from San Remo to the Island. You will need your own motorcycle and meet Ride requirements. Check it out. ## Want to ride to the island on a new machine? Apply for fast loan approval What could be better than arriving at Phillip Island for the Australian Motorcycle Grand Prix on a brand new machine. But with the event coming up soon, buyers will want to be quick to select their machine and especially to arrange the required financing. To ride to the Island for the Australian Moto GP on a new machine, apply for motorbike loans with Jade Bike Loans for fast approval and competitive rates. We can handle the entire process of sourcing your loan for all types of motorcycles including a KTM like Jack Miller, a Ducati and the brand raced by Mick Doohan, Honda. To compare loans on different makes and models, use our [Finance Calculator](/finance-calculator). New machines can be financed with our [Secured Motorcycle Loan](/secured-motorcycle-loans) which attracts our best interest rates. Applications can be made online or over the phone with fast approvals and prompt settlement. Ensuring you can secure your ride asap and arrive at Phillip Island in comfort and style. **To arrive in style at the Australian Moto GP on a new machine, apply for fast approval finance with Jade Bike Loans on 1300 000 003 or online.** *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.* **Categories:** Industry News --- ### [How long does it take to pay off a bike loan? Getting the timing right with motorbike loan terms](https://www.jadebikeloans.com.au/blog/bike-loan-tips/how-long-does-it-take-to-pay-off-a-bike-loan-getting-the-timing-right-with-motorbike-loan-terms) **Published:** September 30, 2024 **Author:** Publisher **Excerpt:** To get approved for preferred motorbike loan terms, riders can use Jade Bike Loans to select the most suitable lender and handle negotiations with lenders. **Content:** How long it takes to pay off a bike loan depends on the financing term. That is, the number of years/months of monthly repayments. While many buyers requiring finance will focus solely on the interest rate, the term also deserves serious consideration. If the timing isn’t right on a motorbike engine, the performance and efficiency will be compromised. The same principle can be applied to financing a machine. If the motorbike loan terms are not right, the financing overall, may not best suit the buyer and may not work to achieve their objectives. Buyers can consider the pros and cons of paying off a motorcycle loan quickly or over a longer timeframe, before submitting their application or requesting a quote. There can be benefits in paying off a loan quickly and spreading repayments over a longer period. Which is the better option can depend on numerous factors including the individual’s financial circumstances. The loan term will need to be approved by lenders. But buyers can be prepared with their preferences by planning their loan ahead of buying and applying. We present a range of issues for consideration to assist buyers to set their preferences prior to applying for motorcycle finance. Having these preferences established, may expedite the loan application approval process and delivery of the new machine. So, start deliberating and planning your preferred motorbike loan terms. ## Impact of Motorbike Loan Terms The term of the finance agreement is the number of years, often expressed in months, that a borrower has to repay the loan. This timeframe, in conjunction with the loan amount, determines the monthly repayment. The shorter the term, the lesser number of monthly repayments involved, but the higher the amount of each repayment. The longer the term means more monthly repayments but each monthly payment is lower than for a shorter term. When financing is taken over a longer timeframe, a larger total interest can be accrued. This adds to the total cost of the financing and to the machine’s total acquisition cost. ## Upsides and Downsides of Different Motorbike Loan Terms The preferred term can very much depend on the loan amount which can come back to the price of the machine. Buyers of higher priced models may seek longer financing terms to make the purchase more affordable. Buyers particularly need to consider the financing term in relation to the impact of the repayments on their weekly/monthly budget. Will opting for a shorter term to pay off the loan faster with a higher monthly repayment put stress on personal finances? An advantage of a shorter term, paying off the loan faster, is that the buyer will own the machine sooner. Owning the machine outright providing them with an asset, improving the personal balance sheet position and potentially improving the credit score. Providing a better scenario for future loan applications. Opting for a longer term with smaller repayments, may provide for lower, more manageable monthly commitments. Leaving funds in the budget for other purposes. But the longer term will result in more total interest payable. The good news is that [Secured Motorbike Loans](/secured-motorcycle-loans) do allow for additional payments to be made with minimal payout fees applicable. That may provide buyers with a ‘middle ground’ solution. Request a mid-range term and make additional payments by choice, when funds are available. Interest rates and terms are fixed on secured format loans. The rate and repayments won’t change, whether a short or a longer term is secured and regardless of [RBA](https://www.rba.gov.au) cash rate decisions. A consideration for buyers that plan to upgrade their machine part-way through the term, can be the value of the machine at key points in the financing term. For a positive trade-in or resale, most buyers will not want to owe more on the loan than can be recouped with the trade-in or sale. ## Lender Variations with Finance Terms As mentioned above, lenders must approve the term of the financing. They will be assessing the applicant’s credit profile, the loan amount and borrowing limit, and with second-hand machines, the condition and value of the motorcycle. All lenders must adhere to [ASIC](https://www.asic.gov.au) requirements with consumer credit. These include not offering a loan to an individual which is deemed unsuitable. Lenders will be looking to make an offer with repayments within the applicant’s affordability zone based on current income. ## Paying Off Finance with Your Preferred Motorbike Loan Terms Buyers can use a [Finance Calculator](/finance-calculator) to work up estimated repayments based on different terms. The period over which buyers would prefer to pay off their machine. Terms of up to 7 years may be achieved, with most buyers looking to a term of 4-5 years. To get approved for preferred motorbike loan terms, riders can use Jade Bike Loans to select the most suitable lender and handle negotiations with lenders. Our experts handle sourcing the most suitable quote and processing the application to best achieve our customer’s preferences. **To pay off finance with motorbike loan terms that meet your requirements, use the services of Jade Bike Loans on 1300 000 003 to handle your loan.** *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.* **Categories:** Bike Loan Tips --- ### [Should you buy a second-hand ride to save money? We compare new and used motorbike loans](https://www.jadebikeloans.com.au/blog/bike-buying-articles/buy-used-bike-vs-new-loans) **Published:** November 25, 2024 **Author:** Publisher **Excerpt:** For riders seeking savings by buying used models, Jade Bike Loans compares new with used motorbike loans highlighting how to reduce finance costs with low rates. **Content:** Looking to save a bit on the purchase of your next machine? Considering buying a second-hand model as a cost-saver? Most Australians need to keep their major purchases such as motorcycles within some form budget limits. When those budgets are a bit tight, buyers look to find savings wherever possible. Typically, that can include buying second-hand goods rather than new. Prices of used goods are lower than the equivalent new models. But when buying a ride with finance, it may be also worth considering the differences in financing new and second-hand goods – specifically, the costs of used motorbike loans. While buying second-hand may save money compared with price tag on the new machine, there can be savings to realised on new machines in other aspects of the purchase and the financing, to be considered in the buying process. Buying new can often provide additional benefits which may reduce the cost of purchase. For riders seeking savings by buying used models, Jade Bike Loans compares new with used motorbike loans highlighting how to reduce finance costs with low rates. ## Comparing New and Used Motorbike Loans There are two types of credit products available to finance motorcycles – [Secured Motorcycle Loan](/secured-motorcycle-loans) and Unsecured Personal Loans. New and good condition second-hand models are typically financed with the secured credit option. Whether or not a second-hand model may be financed with secured credit, depends on the lender accepting the machine as suitable collateral for the loan. Most recent models would typically be acceptable collateral. While the same credit products can apply for new and second-hand machines, the interest rate and other aspects of a specific loan offer can vary. From the savings angle, lower rates typically apply to financing new machines. Lower rates mean lower repayments, lower interest accrued and an overall lower total outlay for the purchase. The amount required to purchase a second-hand machine is typically less than required for the equivalent new machine. So, a lower loan amount would then mean lower monthly payments. But how much can you borrow on either purchase price? Borrowing limits are determined by the lender assessing the credit profile of the individual and the loan amount in relation to the value of the machine. If a lower borrowing limit is approved, the buyer may need to make a larger deposit. An aspect which may impact current available funds. The borrowing limit, or loan to value of the machine ratio may come down to the price paid. ## How to Save on Interest, Realise Other Benefits with Motorcycle Finance The interest rate is critical to the monthly repayment but also to the total paid for the machine. So how can you save on motorcycle loan interest and therefore save on the purchase? Using a broker is one way which may deliver lower rates and other benefits. Rates vary across the consumer credit market. Buyers can have a tiresome and time-consuming task to cover enough lenders to be confident that they have secured the best available rates. We handle that task for buyers by covering a vast section of the market quickly and efficiently. That time savings may be the difference in capturing a quality second-hand machine and missing out. An important flow-on from using a broker for lower rates is that there is no impact on the credit score of the loan applicant. Many loan seekers may not realise that every time they apply for a loan to find the best rate, the lender reports that to Credit Reporting Agencies. Multiple applications for the same loan, made to find the best deal, may be seen as a negative when lenders check credit profiles. A reduced credit score may reduce the ability to be offered the best rates on future credit applications. For second-hand buyers seeking finance, using a broker provides additional benefits. We support buyers by checking the [PPSR](https://www.ppsr.gov.au) to ensure the machine is not under finance and we have access to systems to carry out other checks on machine and seller. ## Calculating Repayments on New and Used Motorbike Loans Buyers wondering what the difference in payments for new and second-hand machines will be can easily calculate estimates using our [Finance Calculator](/finance-calculator). While rates on second-hand machine finance will need to be quoted, estimates can be derived by varying the rate used for calculations. The loan amount can also be changed to see how much extra per month a new machine may be in loan repayments. ## New v Second-Hand: Additional Considerations Buying second-hand rather than new, does offer the opportunity to acquire a machine at a lower price. But there can be other cost-savings available with new machine purchases. The savings to be made could depend on whether buying second-hand through a dealer or on the private market. Private sales may offer lower prices than dealers, but buyers need to be alert especially if buying online and are strongly encouraged to do all the necessary checks. Buying new from dealers can come with special offers to sweeten the deal. Buyers can look to purchase during sales events, which may make prices extremely competitive with second-hand. Current run-out sale prices and discounts are being offered by [Harley-Davidson](https://www.harley-davidson.com/au/en/index.html) and [Kawasaki Motorcycles](https://www.kawasaki.com.au/en-au/). Another aspect to consider is the maintenance and servicing costs, especially over the first few years of ownership. New models generally come with manufacturer warranties and with an expectation of many kilometres before major mechanical work and parts replacements would be required. Second-hand machines do not generally offer such certainty, but state consumer laws should typically apply to the purchase. Funds may need to be set aside to cover routine and unexpected maintenance costs. When purchasing second-hand and you want to trade-in an existing machine, buyers may also need to consider if the dealer is prepared to accept the trade-in. A trade can reduce the purchase outlay, but all dealers may not be prepared to offer trades on second-hand stock. If not, buyers will have to sell on the private market. In summary, consider all aspects of the purchase, comparing financing on all options with our quick quote service, and take into any other savings which may be realised. **To realise savings with lower rates on new and used motorbike loans, contact 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.* **Categories:** Bike Buying Articles --- ### [What is needed for a deposit on a motorbike loan?](https://www.jadebikeloans.com.au/blog/bike-loan-tips/motorbike-loan-deposit-tips) **Published:** October 14, 2024 **Author:** Publisher **Excerpt:** Jade Bike Loans assists buyers with deposit on a motorbike loan decisions with resources to compare options and services to source the most suitable finance. **Content:** When you’re in the market for a new motorcycle and you need finance for the purchase, there can be many questions to be answered, especially around the financing. One major query that many buyers may have is how much they are going to need as a deposit on a motorbike loan. Particularly in the current economic environment, many buyers may not be keen to part with too much of any nest egg they may have managed to save. Preferring to keep that for other purposes. The good news is that unlike say home loans, there is no specific minimum deposit requirements for consumer credit. In fact, some buyers can be approved for no deposit loans. The less-good news, the amount required is dependent on the borrowing power or credit limit as decided by lenders when assessing the application. The lender determines how much a loan applicant is allowed to borrow – their credit limit, and the buyer then needs to consider this in relation to the price of the motorcycle being financed. The difference between the credit limit and the price of the machine, may determine the downpayment required. Reducing the amount needed to buy the machine in line with the loan approval limit. Apart from lender approval criteria, there are a number of other factors that buyers can put into the mix when deciding on their motorcycle downpayment. Understanding the implications of down payments and utilising available tools and expertise, may be beneficial. Jade Bike Loans assists buyers with deposit on a motorbike loan decisions with resources to compare options and services to source the most suitable finance. ## How Borrowing Power Relates to Deposit on a Motorbike Loan Lenders don’t specifically request loan applicants to make downpayments when applying for finance. But they do determine the maximum amount that they are willing to lend to an individual applicant for a certain purchase amount – their credit limit. This maximum or borrowing power, may then require the buyer to have to make a downpayment in cash to the dealer to secure financing for the balance. Alternatively, they can look at buying a machine at a lower price, within their approved credit limit. To highlight how credit limits or borrowing power affect downpayments, consider this example. A buyer applies for a loan on a [Suzuki GSX-S1000](https://suzukimotorcycles.com.au/range/road/gsx-s1000/), currently on sale with ride away price of $17,590. A lender approves the application with a loan limit of $14,000, leaving the buyer with a downpayment of nearly $3,600. Another buyer may be applying for financing on a [Harley-Davidson Road Glide](https://www.harley-davidson.com/au/en/motorcycles/road-glide.html) with purchase price around $47,000 and be approved for no deposit finance – no down payment required. Both loan applications are for a [Secured Motorcycle Loan](/secured-motorcycle-loans) with the machine used as the collateral for the finance – why the big difference in the amount of the deposit? Lenders assess each application, looking at the income and outgoings, assets, and especially the credit profile in determining the individual’s approved borrowing power. In this example, the Harley buyer is approved for a higher credit limit than the Suzuki buyer. Allowing the Harley buyer to borrow 100% of the machine’s purchase price. While variations in finance approval criteria, loan types and loan limits vary across the lender market, all Credit Providers must adhere to the Consumer Credit Guidelines as set by [ASIC](https://www.asic.gov.au). ## How a Deposit Impacts the Motorbike Loan We can secure no deposit financing for some buyers, subject to lender approval. But before making this request, buyers may consider their options. Making a downpayment on a motorcycle purchase and applying for finance for less than the full purchase price, can impact any loan offer in a number of ways. The monthly repayments will be less where a lower amount is borrowed. The lesser amount requested, in relation to the value or full price the machine, may result in a better interest rate being offered. The lender considering the lower loan amount request as a lower risk. A larger downpayment may allow a buyer to take on finance over a shorter repayment time and own their machine outright sooner. The ownership cycle can be significant if the plan is to upgrade to a new machine within the loan term period. ## Comparing Options for a Deposit on a Motorbike Loan To quickly compare downpayment outcomes on motorcycle finance to make decisions, buyers can use our handy [Motorcycle Finance Calculator](/finance-calculator). Estimated monthly payments on different loan amounts can be obtained by simply changing the total loan amount entered. Deduct the amount of the downpayment from the loan total, enter that value and leave the interest rate and term the same. This tool is also useful for comparing models based on estimated finance repayments. ## Expert Services to Secure Motorbike Loan with Suitable Deposit Securing motorcycle financing with the preferred deposit or with no deposit, may come down to the choice of lender. With our access to an extensive lender base, we have the resources to match each buyer with the most suitable lender. Ensuring the best possible financing option – rates, terms and loan amount, is achieved. **To discuss the requirements for a deposit on a motorbike loan based on your specific profile and purchase, speak with one of our experts at 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.* **Categories:** Bike Loan Tips --- ### [Ride a winning machine with the affordable Ducati finance](https://www.jadebikeloans.com.au/blog/bike-loan-tips/affordable-ducati-finance) **Published:** October 28, 2024 **Author:** Publisher **Excerpt:** Riders looking to ride the motorcycle brand that filled the podium at the Australian Moto GP, affordable Ducati finance is available through Jade Bike Loans. **Content:** Sadly for local fans, the Australian Motorcycle Grand Prix didn’t deliver a fairy tale checkered flag for Aussie favourite Jack Miller. What it did deliver for Italian motorcycle manufacturer Ducati was a clean sweep of the podium – a 1,2,3 finish. The island put on a great show for spectators on track and those glued to the coverage off track. No doubt providing inspiration for many to ride their own GP-winning machine. Riders looking to ride the motorcycle brand that filled the podium at the Australian Moto GP, affordable Ducati finance is available through Jade Bike Loans. At Philip Island, Marc Marquez finished first followed by the leader of the championship at that stage, Jorge Martin, with Pecco Bagnaia in third. All riding Ducatis. Australian Jack Miller started in 17th on the grid and managed to make his way up to 11th at the finish, following a disappointing performance in qualifying. The win was Marquez’s fourth at the Island and finished off an exciting race and an impressive showcase for Ducati. While riders may not be able to secure their own exact GP racing machine, the [latest Ducati models](https://www.ducati.com/au/en/home) provide plenty of options to consider. Of special note, the Panigale V2 Bayliss that celebrates the 20th anniversary of the first championship secured by legendary Australian and Ducati rider, Troy Bayliss. ## Ducati Finance on Latest Models The Italian manufacturer provides buyers with many options to consider, including several with competition genes. According to the brand, the new Panigale V4R is a production model closest to a competitive machine, ever produced by the manufacturer. Before being released as a production machine, this model was reserved for World Championship and MotoGP riders. A special opportunity for buyers to consider with a suggested ride away pricing from the brand at $70,500. If that pricing is a little over your budget or you would like a machine especially associated with Australian riders, check out the Panigale V2 Bayliss 20th Anniversary model at a suggested pricing from just $30,400. This is quite unique with its special livery, which has been inspired by the machine that Troy Bayliss rode to win his first world championship title in 2001. Another V2 to consider is the Streetfighter which combines features from both the Streetfighter and Panigale ranges. Described by the brand as easy-to-handle, with the appropriate power to deliver great performance with maximum fun. This 955cc machine is available in either the classic Ducati red or metallic matt green for a suggested pricing of just $24,900. If you’re riding plans are focussed on road trips – hello summer holidays, then you may like to consider the [Multistrada](https://www.ducati.com/au/en/bikes/multistrada). The ideal machine to enjoy adventures and two-wheel journeys. Available in a number of V2 and V4 options. Plus there are many more in the Ducati line-up to explore and test ride at your local dealership. Before heading into the showroom, consider your financing options to ensure you are well-placed to secure your preferred machine. ## Consider Your Ducati Finance Options Considering financing options before committing to a purchase can be a smart move. Allowing the choice of model to be made in line with the loan repayments. Buyers do not have to wait until after they have selected or purchased their ride to secure their loan. Loan applications for motorcycles can be submitted and approved based on a borrowing amount estimate. Buyers may seek loan options for a range of prices to see how much more per month a higher-priced model such as the Panigale V2 will cost them, compared with the Bayliss special edition at just over $30,000 suggested pricing. Helping buyers to narrow down their wish list to only the models they can afford on their budget, or they are looking to part with each month in loan repayments. A [Secured Motorcycle Loan](/secured-motorcycle-loans) is the most popular way for riders to finance a new machine. This is a very convenient form of credit as the machine is used as the collateral for the funds borrowed. Meaning buyers don’t have to be asset-rich with other items they can offer as security against their loan. With the funds secured, lenders are in a better position to offer better interest rates than on unsecured credit products. ## Securing the Most Affordable Ducati Finance Secured credit to finance consumer goods is available through a large number of lenders with varying product features, criteria for loan approval and interest rates. With our vast lender connections, we [secure the best rates](/motorbike-loan-interest-rates) to meet individual client profiles. Securing the lowest rates ensures the lowest repayments and lowest total acquisition cost. In addition to using our expert services, buyers can consider several actions to secure more affordable financing. If trading-in a current ride, the value of the trade may be used to reduce the amount required for the loan. This in turn can reduce the repayments and may attract a better rate with the lower loan to value ratio. Good credit scores and profiles attract the best rates. Improving your overall credit position by paying off other commitments, including reducing outstanding credit card balances, may contribute to a better deal on the new loan. ## Calculating Your Motorbike Loan Estimates To assist with bike selection, buyers can use [our online calculator](/finance-calculator) to work up estimated repayments on the machines they are considering. Use the prices suggested by Ducati as a guide and compare the Panigale models with the Streetfighter and Multistrada to see the difference in interest rates. **To secure your new machine, speak with Jade Bike Loans on 1300 000 003 for affordable Ducati finance.** *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.* **Categories:** Bike Loan Tips --- ### [What happens when you trade-in a motorbike on a new ride with finance?](https://www.jadebikeloans.com.au/blog/bike-buying-articles/trading-motorcycle-with-loan) **Published:** November 11, 2024 **Author:** Publisher **Excerpt:** While it sounds simple to trade-in a motorbike when buying a new ride with finance, the experts at Jade Bike Loans point out the options for buyers to consider. **Content:** Many motorcycle owners are enthusiasts with many buyers of new machines upgrading to a new ride quite often. When considering that upgrade and when the purchase is being made with financing, it can be smart to also consider the best way to trade-in a motorbike. While it sounds simple to trade-in a motorbike when buying a new ride with finance, the experts at Jade Bike Loans point out the options for buyers to consider. The available options when trading in can affect the loan on the new motorcycle. Considering the best way to buy your new ride and dispose of your current machine, may result in a better loan outcome or a better personal finance outcome. ## Trade-in a Motorbike – The Basics When purchasing a new motorbike, riders basically have two choices – trading in their current ride or selling it on the private market. To be in a position to trade, buyers would need to be buying the new machine from a dealer that does accept trade-ins. When trading-in, dealers will make an offer for the machine. This offer made be deducted from the purchase of the new machine, or in some cases, dealers may offer buyers the cash. What buyers should be keenly aware of, is how dealers price trade-ins. Keep in mind that the dealer will need to sell the machine to recoup what they are paying you. They may put the machine in their used bikes department, or they make sell it in the trade market to another dealer. Whichever way they plan to on-sell the machine, trade-ins will typically be at wholesale prices. If there are loan repayments outstanding on the current machine, that needs to be considered. The dealer will know that the buyer will be looking for any trade value to cover what they owe, plus maybe a little more as a discount on the new machine price. The lender with the existing loan will have their interest in the machine as loan security registered with the [PPSR](https://www.ppsr.gov.au). The owner will need to cover all outstanding loan repayments plus break fees because they are finalising the finance before the end of a fixed finance term. This will need to happen in order for the machine to be traded or sold privately. It can be possible for the dealer to handle settling the existing loan on behalf of their customer. If arranging the new machine finance through Jade, we can assist with that process, to simplify the purchase. The alternative to trading in is to sell the machine yourself, privately or through an auction house. There are many online platforms available for selling used motorcycles. Private buyers can be ready to pay a higher price than a dealer is prepared to offer on a trade. To assist with the decision, sellers should obtain their pay-out figure on the machine and browse the market to see what similar machines are selling for. Selling a used machine on the private market can be highly successful and can be time-consuming and frustrating. The process may depend on the particular model and the price the seller is willing to offer. Models in good condition and in high demand will obviously sell faster and possibly at better prices than some others. Checking out what’s currently selling online may assist with the decision as to whether to trade or sell. ## Loan Effects When Buyers Trade-in a Motorbike If the dealer offers you a price which covers any existing amounts on a current loan plus more, then using the trade to reduce the amount due on the new machine can have a positive effect on the new machine finance. Where no money is owed on an existing machine, even better. The full trade offer can be used to against the new machine price. Where a trade is used as essentially a deposit, the amount required for the new machine finance is obviously reduced from the full purchase price. A lesser amount borrowed means lower monthly repayments. A factor which could be of key importance to balancing budgets. Comparing a no deposit/no trade-in loan application with an application with the reduced finance amount with the trade may also result in a better financing rate. When approving loans and making rate offers, lenders look at the amount being requested with the value of the goods to be financed and used as collateral – the loan-to-value ratio or LVR. A lower LVR poses a lesser risk, and lenders may consider a lower interest rate offer. Lower rates and lower loan amounts both delivering lower monthly repayments. To assist in making your decisions, use our [Motorbike Finance Calculator](/finance-calculator). Monthly repayment estimates can be calculated based on different financing amounts and the differences noted. For the purposes of obtaining loan estimates, use the [current rates](/motorbike-loan-interest-rates) we are offering on Secured Motorbike Finance for new machines. Applications for new motorbike finance can be made before obtaining a trade-in price. When applying, let us know the details of any current loan arrangements on an existing machine and we can contact the lender for the payout figure. **Speak with Jade Bike Loans on 1300 000 003 for more information on how to get the best finance if planning to trade-in a motorbike on a new model.** *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.* **Categories:** Bike Buying Articles --- ### [Planning a winter ride on new wheels? Tour our best BMW Motorbike Finance deals](https://www.jadebikeloans.com.au/blog/bike-loan-tips/planning-a-winter-ride-on-new-wheels-tour-our-best-bmw-motorbike-finance-deals) **Published:** July 22, 2024 **Author:** Publisher **Excerpt:** To assist riders acquire their ideal winter ride machine, Jade Bike Loans has the experts to secure great deals at the best rates for BMW motorbike finance. **Content:** Motorcycle enthusiasts relish winter as a great time for a long ride to destinations across the country. Roads can be less busy in winter and the crisp air can provide exhilarating conditions, whether taking a coast road, heading into alpine areas, or taking to the vast inland expanses. For a perfect winter ride, you’ll need the perfect ride and for many, that could be a BMW Motorrad touring model. To assist riders acquire their ideal winter ride machine, Jade Bike Loans has the experts to secure great deals at the best rates for BMW motorbike finance. This classic touring motorcycle manufacturer offers a great range of touring models including the K 1600 GT, currently advertised as available from dealerships. While an ideal touring machine, the price range can make this a considered purchase for many buyers. Securing the best finance can make a new tourer extremely affordable and add an invaluable level of enjoyment to a long riding experience. ## Check Out the BMW K 1600 GT The [K 1600 GT](https://www.bmw-motorrad.com.au/en/models/tour/k1600gt.html#/section-available-colours) could be your ideal touring machine. The brand notes that this 6 cylinder has a new cockpit, designed to the specific needs of touring riders and is available in a number of colours. The standard equipment includes full integral ABS and ABS Pro, dynamic traction control, riding modes, and a large display which has connectivity, plus many other features. Winter riders note – seat heating and heated grips! In addition to the standard inclusions, two additional packages are available for K1600 – the Comfort and the Touring Packs. The touring option includes and engine protection bar, fog light and audio system. Worth considering for that extra level of safety – speak with our experts about covering the cost in your financing. ## Getting the Best BMW Motorbike Finance Getting the best loan deal on your K 1600 GT can not only make the purchase more affordable and a realistic option, it can also leave you with money in the kitty for those on the road expenses. Or to take a bit longer time away to enjoy your experience. The basis for the cheapest financing is securing the lowest motorcycle loan interest rates. But the best loan deal also means securing terms and repayments that suit your budget. Rates for consumer finance vary across the market with the guidelines of individual banks, finance companies and dealers. An individual’s credit score also has a huge impact on any rate offer. If you are worried about getting approved for a good rate with your current credit score, speak with one of our experts about your options, rather than applying to multiple lenders. Multiple loan requests made by individuals can negatively affect credit profiles. When we find the best offers from multiple lenders, there is no impact on the individual’s credit profile. Loan amounts also vary when lenders assess credit profiles and income levels to set and approve the maximum credit limit. The credit limit may impact a buyer’s plans for securing no deposit financing. We can secure no deposit financing for many buyers, so the full K 1600 GT purchase can be included in the loan and leave savings for the trip. Need the touring or comfort pack? Extra storage? Additional electronics? Extreme weather gear? When buyers order accessories from the same dealer and at the same time as their machine, we can usually include the total expenditure in the finance. Speak with one of our experts about your specific purchase. We make covering off on all these loan aspects extremely easy. Our experts handle your loan requirements from initial enquiry through to assisting with settlement with the dealer. The lender best suited your profile is selected from our 80-strong lender base, and the cheapest interest rate offer secured. Loan terms are individually negotiated to best deliver monthly repayments that suit the individual budget. Our [Secured Motorcycle Loan](/secured-motorcycle-loans) will suit most K 1600 buyers. We secure this loan with a fixed rate of interest over a fixed term. Ensuring the rate and the monthly payments will not change over the term. Providing peace of mind and adding that extra level of enjoyment to the touring experience. Insurance is required on all goods under finance. We can assist with this if required. Where stock of K 1600s may be limited at your local dealership, or where a tour winter trip and a purchase is imminent – financing can be arranged ahead of time. Use [our calculator](/finance-calculator) to work up estimates and assist with deciding on specific models within your affordability zone. ## Planning a BMW Purchase Down the Track? Book a BMW Heritage Ride Day If now is not quite the right time for a BMW purchase, buyers may consider participating in the brand’s upcoming [heritage ride days](https://www.bmw-motorrad.com.au/en/experience/events/heritage-ride-days-vic.html#/section-event-details). The event is being held on 13-14 September at Rochford Wines in Victoria’s Coldstream. Great opportunity to test ride before you buy in a great area. Financing can be arranged through us prior to the ride days if ordering on the day is an option. **To secure the perfect ride for winter touring experience, apply for BMW motorbike finance with Jade Bike Loans on 1300 000 003 or online.** *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.* **Categories:** Bike Loan Tips --- ### [2017 Kawasaki Z125 PRO](https://www.jadebikeloans.com.au/blog/bike-buying-articles/kawasaki-z125-pro) **Published:** June 24, 2016 **Author:** Publisher **Content:** **Nimble, small but perfect for purpose** With the 2017 Z125 PRO, Kawasaki call it their nimblest Supernaked model so far and for many scooter-oriented riders especially, it’s perfect for purpose with impressive stability for its size and stature. The first thing you notice is that the Z125 PRO is small in size, which makes it ideal as an alternative to a scooter, for those with parking issues and as a fun, zoot around machine and those on a budget. The chassis is compact and lightweight and it is equipped with plenty of features which define the exciting Kawasaki Z world. **Styling and Specs** In keeping with the Z name, the 125 PRO has aggressive styling, dynamic design with trademark Kawasaki green in a package which will definitely attract attention. Sharp, sporty performance is promised and with features such as inverted front fork, front and rear petal disc brakes and offset rear suspension, this should deliver on promise. The engine is a quick-revving fuel-injected 125 cc 4 stroke single, with strong acceleration. Plenty of power for riding in urban traffic areas. It’s a reliable, 2 valve, SOHC and with the high quality oil filter, except long engine life. Four speed transmission with manual clutch empowers rider with greater control in traffic while cast wheels with road tyres suit both wet and dry road conditions. The tail light design and compact headlight enhance the sporty look while facilitating excellent visibility. **Practicality Plus** The 30mm inverted front fork provides rigidity and the petal disc brakes deliver the stopping power in line with the sporty nature of this machine. While size and budget will suit many new riders, several features also make the Z125PRO ideal for scooteroos and learners. The low seat height allows most riders feet to touch the ground, which is a very comforting feature when learning. The instrument console has a multi-function LCD screen making it easy to read so newbies can refer quickly and concentrate on the road. The fuel tank is stylish with flared top edges and practical, with 7.4 litre capacity. **When Size Matters** For many riders, big is best, but if you have to weave your way through traffic and negotiate tight gaps, bring on the Z125 PRO. One reviewer described it as if you can walk through a gap you could ride the Z125 PRO through it. The size will definitely be an appealing factor for those with parking issues, which is just about anyone living in a major city. The Kawasaki Z125PRO is so small, you could probably slot it into the bicycle racks at your workplace – just a thought. The size may deter some taller riders but when considering the many advantages, the [Kawasaki Z](https://www.kawasaki.com.au/en-au/purchase-tools/compare-vehicles/motorcycle/z) 25PRO could be just the ride for you. If so, then talk to Jade Bike Loans. The small price tag on the Z 125, is not an issue for us either. We tailor loans, large or small, to suit the buyer. And if this is your first bike loan, not a problem either. We’re professional [motorbike finance brokers](/broker), highly experienced and with the expertise to source great bike loan deals for first time applicants, those with low docs, no docs or even credit history issues. Contact Jade [Bike Loans now and try our cheap bike loan deals](/) **Categories:** Bike Buying Articles --- ### [Beyond the Handlebars: Navigating Motorcycle License Requirements in Australia](https://www.jadebikeloans.com.au/blog/industry-news/beyond-the-handlebars-navigating-motorcycle-license-requirements-in-australia) **Published:** June 17, 2024 **Author:** Publisher **Content:** ## Roll Out It’s no secret that the cost of living is having an impact on all of us, and just one contributor to this is the price of fuel. For a more cost-effective option to transport yourself from A to B, you may be considering a motorcycle licence. However, just like with obtaining any kind of licence in Australia, there are a few things you need to know. To get started the first step is to get a learner’s permit, which varies from state to state in Australia. Once you have secured the permit, you will be able to ride a motorcycle under the supervision of another licenced rider. Sounds easy right? But there are a few more important steps before you can ride solo. After completing the necessary number of supervised driving hours for your state of residence, you’ll need to pass a written test, a practical riding test, and a vision test with a local driver licensing authority. If you pass the test, you will then be able to upgrade your licence. There are some significant differences for getting a riding licence in each Australian state. For information on your state’s requirements, keep reading. ## New South Wales (NSW) In NSW you must be at least 16 years and six months old to commence the pre-learner course which is a NSW Government requirement prior to obtaining your learner’s permit. You must then wait until you are 16 years and nine months old before you can be issued with a learner licence. Once you are 17 and have held your learner licence for a period of 3 – 12 months, you can take the NSW pre-provisional licensing course and skills test. After passing all tests you are free to safely hit the open road as a P-Plater. Find more information on motorcycle licensing in NSW by reading [Getting Your Rider Licence.](https://www.nsw.gov.au/driving-boating-and-transport/driver-and-rider-licences/rider-licences/getting-your-rider-licence) ## Queensland (QLD) Before you can learn to ride a motorcycle in Queensland, you will need to have held a provisional or open car licence for a minimum of 1 year. This ensures you have on-road driving experience before you learn to ride. In addition, you will need to complete the Q-Ride pre-learning course, pass a motorcycle knowledge test, obtain a medical fitness certificate, and finally apply for your RE learner licence. Once received, you can learn to ride. For further information on the riding permit differences in QLD, read [Getting a Learner Motorcycle Licence (RE). ](https://www.qld.gov.au/transport/licensing/motorcycles/getting/learner) ## Victoria (VIC) If you live in Victoria, you will need to be at least 18 years old and medically fit to be eligible for a motorcycle learner permit. If you meet these initial requirements you will then have to successfully complete a two-day course which is specifically designed to get you ready to ride on the road safely. The course will include an eyesight test, a knowledge test, and an on and off-road assessment. Once you’ve passed the course you’ll receive a learner permit for 15 months. To see all the steps involved in reaching the probationary stage of your riding licence in VIC, read [Get Your Motorcycle Ls](https://www.vicroads.vic.gov.au/licences/licence-and-permit-types/motorcycle-licence-and-learner-permit/get-your-motorcycle-ls)**.** ## Western Australia (WA) In WA you can start riding a motorcycle at a younger age than any of the other states. If you are at least 16 years old, you can apply for a riding learner’s permit which will involve a theory and eye test, as well as various forms and fees. After passing the theory test you will be issued with your learner’s permit. After completing 50 supervised riding hours you will be able to sit the Hazard Perception Test and Practical Driving Assessment. However, you must be 16 years and 6 months old. If you pass, you are now able to ride solo with P-Plates. For all the information you will need to become a motorcycle rider in WA, read [Get a licence to Ride a Motorcycle](https://www.transport.wa.gov.au/licensing/get-my-licence-to-ride-a-motorcycle.asp)**.** ## South Australia (SA) In South Australia, having a probationary C class licence could get you riding earlier than going directly for a rider licence. To be issued a rider learner’s permit you must be at least 18 years old, or 17 years old with a provisional licence for another class of vehicle. Completion of the Basic Rider Safe course is also a necessity to receive your learner’s permit. To explore the fees and requirements for gaining your riding licence in SA, visit [Applying for a Motorcycle Licence.](https://www.sa.gov.au/topics/driving-and-transport/licences/motorcycle-licences/applying-for-a-motorcycle-licence) ## Australian Capital Territory (ACT) If you’re 16 years and 9 months old, you can start the process to apply for your riding learner’s permit. Completion of the ACT Road Rules test, the pre-learner course and the rider training course is compulsory prior to applying for your learner permit. All the prerequisites for obtaining your learner riding permit and the process to upgrade to probationary is available at [Motorcycle Licences.](https://www.accesscanberra.act.gov.au/driving-transport-and-parking/licences/motorcycle-licences) ## Tasmania (TAS) To get your motorcycle licence for the first time in Tasmania you will need to be at least 16 years and 6 months old, pass the Road Rules Knowledge Test at Service Tasmania, and pass a Pre Learner Course. As a learner rider you will have numerous restrictions to adhere to including always displaying an L-plate on the back of your bike, never riding more than 80km/h, and only riding a learner approved motorcycle. For all the restrictions and steps to achieve your probationary licence, read [Getting a Motorcycle Licence.](https://www.transport.tas.gov.au/licensing/non-car_licence_or_ancillary/motorcycle_licences/getting_a_motorcycle_licence) ## Northern Territory (NT) Joining WA as one of the two Australian states with the youngest age to obtain a learners riding permit, you must be at least 16 years old to apply for a motorcycle licence in the Northern Territory. As with all other states, you must progress through the learner and provisional licence stages before achieving your open rider licence. To obtain your learner licence, pass the theory and practical assessment. For all the prerequisites and how to graduate to your P-Plates, read [Get Your Motorcycle Rider licence. ](https://nt.gov.au/driving/licence/getting-an-nt-licence/get-your-motorcycle-licence) ## Looking to finance your new motorcycle? Feel confident by choosing JADE Bike Loans. Signature cheap interest rates, the best loan possible, and tailored service. Does this sound like you? If so, JADE Bike Loans can help. Whether you’re buying for a personal daily ride, recreation, racing, a collection, or business – at Jade, we can help. And you can feel confident knowing you’re receiving what’s best on the market. Need fast approval on an [unsecured bike loan](https://www.jadebikeloans.com.au/unsecured-personal-loans)? Talk to one of our specialists today. Call us on 1300 000 003 or [Request a Quote](https://www.jadebikeloans.com.au/approval). **Categories:** Industry News --- ### [Eyeing off a new ride with your tax cuts? Tips for optimising motorbike loans.](https://www.jadebikeloans.com.au/blog/bike-loan-tips/eyeing-off-a-new-ride-with-your-tax-cuts-tips-for-optimising-motorbike-loans) **Published:** July 8, 2024 **Author:** Publisher **Excerpt:** Jade Bike Loans provides tips and intel on optimising motorbike loans using tax cuts on new motorbike loans and for current borrowers. **Content:** With personal income tax cuts now in effect, many Australians are enjoying a little extra in their pay packet. That little extra may have motorbike enthusiasts considering the purchase of a new ride with finance. That additional income could mean the difference between a top-of the-range [Harley](https://www.harley-davidson.com/au/en/index.html) and a small Husqvarna. Being able to include those aspirational accessories or having to leave them on the wish list. Riding out of a showroom on a brand-new model or hunting around for a used motorbike. But before rushing off to the showroom, it may be wise to consider your options. Jade Bike Loans provides tips and intel on optimising motorbike loans using tax cuts on new motorbike loans and for current borrowers. ## Using Tax Cuts to Upgrade Motorbike Purchase Motorbike enthusiasts typically aspire to a better, bigger, newer machine. With a bit more coming in each week, that may be a distinct possibility when considering finance to purchase a motorbike. Benefits may be realised with new motorbike loans compared with used motorbike finance. There are differences in loan offers between new and used, which can be smart to be across when making buying decisions. A [Secured Motorcycle Loan](https://www.jadebikeloans.com.au/secured-motorcycle-loans) will be the finance type for most new motorbike buyers, and those buying quality used models. The machine must be accepted as suitable security for approval for this loan. When lenders consider the features and condition of a used model and the value of the machine compared with the purchase price and loan requested, their decision can impact loan collateral requirements and loan amounts approved. If the full amount requested for a used bike loan is not approved, buyers may need to find a larger deposit. Interest rates can be different for new and used motorbike loans and a higher rate can mean higher repayments. But the price of the machine and the loan amount required also affects the repayments. Rates are offered on an individual basis. Buyers can contact us for quotes on different models prior to purchase, to assist with buying decisions. ## Using Tax Cuts to Pay Down Current Motorbike Loans If planning a new purchase with finance but you already have a bike under finance, it can pay to pay it down. Most loans allow for extra amounts to be made as well as the monthly repayments. This finalises the loan sooner than the fixed term and will attract a minimal early payout lender charge. But the benefits can come with less total interest payable, more collateral built up on the asset, and a general improvement in the assets:liabilities balance sheet position. This can be important when applying for a new loan. ## Using Tax Cuts to Improve Balance Sheets and Credit Scores Lenders take a close look at the credit score and the financial position – balance sheet, when assessing loan applications. The less outstanding on existing loans and credit cards, the better the balance sheet and, potentially, the better the new loan offer. Extra income from tax cuts may be used to pay down or finalise current commitments including loans and credit cards, before applying for that new motorbike loan. This can improve the credit score and result in a lower interest rate and can improve the balance sheet and result in a higher loan limit being approved. A higher limit which may mean, yes, a better motorbike or including those accessories in the finance. Reviewing personal credit scores and profiles using information at [Moneysmart](https://www.moneysmart.gov.au) may guide individuals as to how to achieve their best position. ## Using Tax Cuts to Increase Downpayment, Reduce Loan Required The less you need to borrow to buy a new motorcycle, the less required in monthly repayments. That is the general rule. So having a larger amount to put down as a deposit on a new bike may result in a more workable finance outcome. In the lead-up to buying a new motorbike, buyers may opt to save their extra income to accrue a larger deposit. ## Using Finance Tools and Services There are many considerations and important decisions when buying a motorbike with finance. We support buyers with a range of finance tools and expert services to source the most competitive rates and affordable motorbike finance. Our [Motorbike Finance Calculator](https://www.jadebikeloans.com.au/finance-calculator) is an essential in every buyer’s tool kit. This handy device allows buyers to quickly calculate their own motorbike loan estimates. Allowing quick comparisons of bikes at different prices. Seeing how that larger deposit may reduce the monthly commitment. An important aspect to remember when using this loan tool is that interest rates may change in the time between calculating estimates and applying for a motorbike loan. Consumer credit providers can change their interest rates on loans when the [Reserve Bank of Australia](https://www.rba.gov.au) makes rate changes. This may or may not occur in the time period but should be kept in mind. Also remember that loan interest rates are offered based on individual credit and application assessments. Buyers can use our services to assist with their motorbike loan. We can provide quick quotes without impacting credit scores, arrange pre-approved motorbike loans ahead of purchase, and handle the entire loan process for buyers. For more information and assistance on sourcing motorbike finance, contact us and speak with one of our brokers. **Speak with** **Jade Bike Loans on 1300 000 003 to discuss securing a better motorbike loan using extra income from tax cuts.** *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.* **Categories:** Bike Loan Tips --- ### [Get Triumph Finance on new motocross model tailored to you and your ride.](https://www.jadebikeloans.com.au/blog/bike-loan-tips/get-triumph-finance-on-new-motocross-model-tailored-to-you-and-your-ride) **Published:** June 24, 2024 **Author:** Publisher **Excerpt:** Jade Bike Loans is ready to assist buyers purchase a new TF 250-X with the best offer on Triumph Finance tailored to the ride and their individual requirements. **Content:** The release of a new motocross model from [Triumph Motorcycles](https://www.triumphmotorcycles.com.au/) will have many riders heading to their local dealership to get their share of this iconic British motorcycling badge. Jade Bike Loans is ready to assist buyers purchase a new TF 250-X with the best offer on Triumph Finance tailored to the ride and their individual requirements. As specialists in motorcycle loans, we know that motocross riders have varying profiles in riding style – competition or recreational sport, preferred terrain, age, ability, credit score, and financial situation. Variations which deserve individual attention when it comes to sourcing [TF 250-X](https://www.triumphmotorcycles.com.au/motorcycles/off-road/motocross) financing. Developed by Triumph’s engineers and motocross champions, the TF 250-X is a race-focussed machine which the manufacturer describes as a truly exceptional package. Why not acquire your ‘exceptional package’ with an exceptional loan with Jade. ## **Advantages of Tailored Triumph Finance on New Models** The manufacturer allows buyers to configure their new TF 250-X with accessories and options, and we provide services to best configure their motorcycle loans to suit their preferences. The advantages of a tailored bike loan include being matched with the lender that best meets the buyer’s profile, allowing access to better rates and an overall more affordable loan package. As buyers may quickly realise if they are shopping the net for bike loan options, there are differences in interest rates, loan amounts, and other features in the credit products offered by lenders. The consumer credit market is very large with banks, finance companies and in many cases manufacturers and dealers offering lending options. Finding the right lender can be time-consuming and confusing. Our experts know the criteria that our lenders use to offer the best rates and approve applications. So we quickly identify the lender that is best suited to each customer from our large lender base. In addition to sourcing the right lender and lowest rates, we negotiate on behalf of our customers to get approval for a loan term that will deliver a monthly repayment amount that works with their income. The loan amount approved can also be extremely important to buyers. It can determine if, and how much, deposit they may need to make to secure the TF 250-X loan and machine. Lenders assess credit scores and financial positions when approving loan amounts. As we know the lender criteria, we can more quickly and easily, find buyers the right lender. Setting up the best track to the most affordable motorcycle loan. ## Types of Triumph Finance Products The most suitable credit product for most buyers for financing new motorcycles will be a secured loan. This allows for the motorcycle to be the collateral against the funds borrowed. Most lenders will readily accept new goods as collateral for secured credit. Depending on the specifics of individual applications, many buyers are not required to provide additional collateral with this type of credit product. Secured credit is offered across the lending market, but with variations in the type of interest rates – variable or fixed, the minimum and maximum loan amounts approved, and the terms offered. Our Secured Bike Loan features a fixed rate of interest which does not change throughout the entire credit term. Ensuring buyers know exactly how much they will need to pay each month on loan repayments. FYI, variable interest rates can change when the lender makes changes to their rates and this can mean changes to repayments. To be eligible for secured financing, applicants will need to be over the age of 18 years and provide details of income, employment, financial position and other information. Holding a motorcycle rider’s licence is not a necessary requirement. Buyers can [apply with us](https://www.jadebikeloans.com.au/approval) for a secured loan for a TF 250-X using our online resources or by calling and applying with one of our experts. ## Getting the Best Triumph Finance Interest Rates Getting the best interest rates on a TF 250-X loan will be critical for most buyers. Applying with Jade, ensures buyers have the [best rates](https://www.jadebikeloans.com.au/motorbike-loan-interest-rates) from across the market, sourced for them. Credit scores are assessed by lenders when arriving at the interest rate they will offer to individual applicants. Having a good credit score ensures a better rate, which goes a long way to a more affordable loan and a more affordable motorcycle. Where buyers have credit issues, we may assist with our connections with specialist lenders that can make workable loan offers to applicants in this position. ## Comparing Triumph Finance Options The manufacturer is advertising a new TF 250-X ride away price of around $14,250. This provides buyers with important intel to proceed to compare loan options using our financing calculator. Use the pricing, with or without allowing for a deposit, as the loan amount, to quickly generate rough repayment estimates. Estimates which can be extremely helpful in making buying decisions. If accessories are desired and bought at the same time, we can generally include the cost in the loan. So remember that when using the calculator. Or simply contact us for a quick quote or just apply for a TF 250-X loan to ensure you secure your machine. **For tailored Triumph Finance on a new TF 250-X, connect with** **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.* **Categories:** Bike Loan Tips --- ### [Looking to buy a new ride with the best motorbike loan interest rates? Don’t overlook ignore your credit score](https://www.jadebikeloans.com.au/blog/bike-loan-tips/looking-to-buy-a-new-ride-with-the-best-motorbike-loan-interest-rates-dont-overlook-ignore-your-credit-score) **Published:** June 10, 2024 **Author:** Publisher **Content:** When looking to buy a new motorcycle with financing, many riders will spend their time focussing on motorbike loan interest rates, while overlooking one of the key factors in being offered the lowest rates – their credit score. Credit scores play a role in rate offers and the overall loan deal in two ways:- good credit scores are offered the best rates and potentially the best loan terms and conditions; and applying to multiple finance companies and banks for loan offers can negatively affect an individual’s credit score. Understanding how credit profiles impact loan rates and offers can be an important first step in buying a new ride with the best loan. An individual’s credit profile contains details of their payment history, the loans they have and have had, the loan applications they have made and other information pertaining to their credit record. A wide range of providers report credit activity to the Credit Reporting Agencies. These include phone companies, utilities providers, credit card providers, government departments and financial institutions. From this information, the agencies calculate the individual’s credit score or rating. This information is available to lenders to review when an individual applies for a loan. Lenders review credit profiles to assess creditworthiness and credit limits when assessing loan applications and when deciding the rate to offer, the loan limit to approve, and whether or not to approve the application at all. By assessing their credit profile and addressing issues where possible, buyers may place themselves in a far better position to be offered the best motorcycle finance. ## Connection Between Motorbike Loan Interest Rates and Credit Scores Credit scores, ratings and history are highly significant when applying for any form of credit. Banks and finance companies review credit profiles to ascertain the ‘risk factor’ of the loan applicant. The risk of the individual meeting the repayment obligations. Poor scores are assessed as higher risk and good scores as a lower risk of defaulting on the loan repayments. This assessment then determines the interest rate that a lender offers to the applicant. The lower the credit score the higher the interest rate and the higher the score, the lower the interest rate. Lenders highlight this aspect when advertising rates on their loan products. The rate displayed will typically note that it is for good credit rating applications. Credit scores can also have an impact on other aspects of the loan offer. In reviewing credit histories, lenders are assessing creditworthiness. The result of this assessment is the loan capacity for the individual. That is, how much credit the lender considers this individual should be offered – the credit or loan limit. A poor history may result in a lower loan limit being approved than the buyer is wanting. This may mean they have to pay a larger downpayment. A scenario which may be a challenge and thwart plans for a no deposit bike loan. Some applicants may be requested to provide extra security or collateral, in addition to the machine. This may also prove challenging for individuals with low assets. Then comes the loan term – the amount of time to repay the funding. The loan amount, in conjunction with the total borrowed, determines how much is to be repaid each month. Repayments can be critical to individual budgets and for some buyers, may be the key deciding factors as to whether or not buying a new ride is a workable proposition. Lenders look at the overall credit position to determine the term, loan amount and the rate. There are variations in the criteria that lenders use to assess applications. Finding the lender that best suits an individual’s credit profile, that is, will make the best offer, can be essential to obtaining the best outcomes. We assist through our large lender base. Finding customers the lenders that do suit their profiles. An important step towards the best motorcycle rates and loans. To check your score and history prior to applying for finance, refer to the guidance offered at the [Moneysmart website](http://www.moneysmart.gov.au/). ## How Multiple Quotes Can Affect Motorbike Loan Interest Rates Offers So there are many variations out there and buyers think they are doing the right thing by requesting multiple quotes and submitting multiple loan applications to find the best offer. Wrong. Financial institutions report applications to the Credit Reporting Agencies and they are listed on the credit profile. Multiple applications for the same loan can be seen in a negative light by lenders. Leading to a less than the best loan offer. Finding the right lender and the best rates without impacting credit profiles can easily be achieved by taking advantage of our broker services. When we source the best rates from across multiple lenders it does not impact the individual’s credit score. ## Securing the Best Motorbike Loan Interest Rates By utilising our specialist broker services, buyers can [have the best rates](https://www.jadebikeloans.com.au/motorbike-loan-interest-rates "have the best rates") and loans sourced for them. Experts in finance, Jade Bike Loans sources the best motorbike loan interest rates for varying credit score buyers from across a vast lending market. Using our services is easy – [request a quote](https://www.jadebikeloans.com.au/contact-us "request a quote") and apply online or by phone. If looking for the best loan deal, don’t overlook your credit score and don’t overlook the services available to achieve the loan to acquire your new ride. **For the best motorbike loan interest rates, connect with** **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.* **Categories:** Bike Loan Tips --- ### [Want to roll out on a new 2024 model? Explore your low interest rate motorbike finance options.](https://www.jadebikeloans.com.au/blog/bike-loan-tips/waiting-for-interest-rates-to-go-down-to-apply-for-a-motorbike-loan-heres-what-you-need-to-know) **Published:** February 6, 2024 **Author:** Publisher **Content:** There are plenty of new models arriving in 2024 including from [Harley-Davidson](https://www.harley-davidson.com/au/en/motorcycles/index.html?format=json;i=1;locale=en_AU;q1=bikes;sp_cs=UTF-8;x1=primaryCategoryCode "Harley-Davidson"), CFMOTO and [KTM](https://www.ktm.com/en-au/models/supersport/2024-ktm-rc-390.html "KTM") to namedrop a few popular makers. For riders planning to roll out of their local dealership on a brand spanking new 2024 model, exploring their options for motorbike finance is probably the best first step. Even before deciding which make or model to buy. Not everyone has the price of a new machine sitting in their savings. But with low rate credit, many will be able to afford that new machine. **Jade Bike Loans assists riders to buy the latest 2024 model machines from leading makers with low interest rate motorbike finance**. Explore your options, compare rates and repayments, request a quote or even submit an application all here, online. ## **New Model Motorbike Finance Options** Choosing the most suitable lending product to fund a new machine purchase is a fairly easy step. [Secured Motorcycle Loan](https://www.jadebikeloans.com.au/secured-motorcycle-loans "Get started with our secured bike loan programs") is the go-to for most buyers. With this type of lending product, the machine is the security or collateral for the funding. The lender’s guarantee that they can recoup their funding should the borrower default on payments. Many buyers will not need to have additional assets to offer as collateral to get approved for this lending product. Our secured product includes a fixed interest rate, fixed terms and fixed repayments. Making it easy for buyers to schedule a new machine into their budget. Insurance on the machine will be required, we can assist with contacts for this. So that is the easy step. The more difficult step can be choosing a lender. While secured credit products have many universal features across the consumer credit market, there are many variations in the specifics offered by individual banks and lenders. There are differences with the all-important interest rate and the guidelines and criteria by which the lender approves the funding. These criteria are significant as they can determine not only the rate, but the amount of the loan and the terms. Issues which can impact which model is purchased. Sorting through this vast consumer credit market to find the lender with the criteria that is suited to your application profile is made easy by using Jade. We have the depth of consumer credit market coverage and we know the matrix or guidelines used by lenders, to ensure we can easily find each customer the right lender. All buyers need to do is brief our brokers about their machine, provide their details, and we will use our latest tech resources to identify which of our lenders will offer you the best funding at the lowest rates. What could those low rates be? Compare our latest rates on new machine credit with a selection of other leading sources. ## Choose Your Ride to Suit Loan Repayments The process of choosing which particular 2024 model to buy can vary with different buyers. The ride requirements – commute, touring, racing, the level of power, rider ability and yes, the big one – price. Most buyers will have a limit as to what they can or are prepared to spend on their new machine. When the machine is being purchased with credit, the focus on the price can shift to a focus on credit repayments. We assist buyers to better select their new model in line with possible credit repayments with our [motorcycle financing calculator](https://www.jadebikeloans.com.au/finance-calculator "Dive into our options for motorcycle payment estimators"). This tool can be used by all buyers for all models. Simply use the advertised price for the machine which most manufacturers and/or dealers readily display for the credit total. If you think you may want accessories or if additional dealer charges apply to that price, just allow for that with a slightly higher amount. If using your current machine as a trade-in, deduct that amount from the total entered. Use our current rates, remembering these are for good credit score applicants. The rate we source for you, despite being the best to suit your profile, may be higher. But using this rate with a preferred term, will provide a rough repayment estimate. An estimate which can be extremely helpful in guiding you towards the new model within your affordability zone. Another option is to get your credit approved before deciding on a machine. Applications can be submitted and approved based on the buyer’s estimate of what they think they may want to spend on a new model. With this approval, buyers have the confidence to look at models with credit repayments that work with their budget. Whether applying before or after selecting your new model, the same rates, terms and repayments would apply. Applications can be submitted online or by phone for quick quotes and fast approvals. **To roll out of a dealership on a 2024 model with low rate motorbike finance, contact Jade Bike Loans on 1300 000 003 or online.** *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.* **Categories:** Bike Loan Tips --- ### [Don’t overlook the significance of the motorbike loan terms when estimating finance.](https://www.jadebikeloans.com.au/blog/bike-buying-articles/dont-overlook-the-significance-of-the-motorbike-loan-terms-when-estimating-finance) **Published:** February 6, 2024 **Author:** Publisher **Content:** For most buyers, the purchase of a new ride will entail the need to borrow the funds. Making the credit arrangements an integral part of the buying process. With the availability of online buying tools such as our finance calculator and comparing rates charts, buyers have a simple way to calculate estimates. A tendency when calculating these credit estimates can be to focus intently on the interest rate without paying the appropriate concern to the motorbike loan terms. Comparing our [affordable motorbike finance rates](https://www.jadebikeloans.com.au/motorbike-loan-interest-rates "cost-effective motorbike interest rates") is very significant as interest rates vary across the lending market. But the period over which the credit is taken – the term, can be significant in both the amount due to repay the credit each month and the total cost of the credit and hence, the total outlay to own the machine. Understanding how all components of the lending interact and how approval is given, may assist buyers to better calculate estimates for their particular requirements. ## What Motorbike Loan Terms are Available, Approved. The credit periods available for lending products can vary across the lending market. Different banks and credit companies will offer their credit periods based on their own guidelines. The period over which credit is offered is subject to lender approval of individual applications and may be based on their assessment of a number of factors. The amount being borrowed is a major consideration. Lenders will assess the amount being requested, the repayment amount that represents over certain periods at the interest rate offered, against the individual credit profile and financial position and income prospects. Assessing the risk factor and the ability of that person to furnish that amount on a monthly basis over the number of months/years requested. If the preferred or requested credit period is not approved by a lender based on the credit total, buyers can consider reducing the total requested by making a downpayment. Lenders will want to have confidence that the applicant has a good credit history for making their credit commitment payments. The credit profile and hence risk assessment of the applicant can be critical in the rate approved, the amount approved and the term approved. Buyers who have not checked their credit report for some time may seek information on how to get a free copy and how to fix errors to improve their rating at [Moneysmart](http://www.moneysmart.gov.au "Moneysmart"). With our access to more than 80 lenders, we have the resources to find the lender best placed to approve our customer’s preferred credit period. We do have lenders that will approve credit periods of up to 7 years. ## Impact of Motorbike Loan Terms on Final Outcomes The focus of many buyers can be on minimising their monthly commitments when taking on credit to purchase a new machine, especially when costs-of-living are high. Obtaining the lowest monthly repayment means getting the longest credit period available. But focussing just on that repayment figure and not on the big picture may be overlooking the real costs. Interest rates on our secured lending product are at a fixed rate with interest accrued on the principal – the amount borrowed, pa – per annum, each year. While the rate remains constant for the full credit period, the period itself can greatly impact the total interest payable on the funding. The total interest payable is significant for buyers to consider. When added to the purchase price, the total sum is the actual cost of making the purchase. That is, how much that machine has cost to acquire. That brings us around to the credit period. The longer the credit period in months/years, the lower the monthly repayments will be, but the higher the total interest payable on the funding. From the opposite perspective, a lesser number of months results in a higher monthly commitment but with less total interest compared with a longer credit period. So the machine total cost is less and buyers own their ride outright sooner with a shorter credit period. ## Working out Estimates for Different Terms Confused? Not sure what credit period will suit your budget? Using lending [motorcycle finance calculator ](https://www.jadebikeloans.com.au/finance-calculator "Estimate Your Motorcycle Financing Instantly")enables buyers to get a fuller picture of the significance of the period of the credit arrangements. By keeping the lending total and interest rate unchanged and entering different credit periods, buyers can immediately see how the monthly estimated payment changes. Great intel to use as a guide to set preferences to brief our brokers or use when submitting an application. ## How to Get Approved for Preferred Motorbike Loan Terms After using a calculator, buyers typically will establish the credit period that they would want for their lending. But is it a matter of just telling your broker or lender what you want? All conditions around credit must be approved by a lender. The credit period can be considered in context and perspective with other aspects of the lending – the amount, the rate, the risk assessment, as noted above. **As specialist motorcycle lending experts, Jade Bike Loans assist buyers to get approved for their preferred motorbike loan terms through negotiations direct with lenders.** We handle the process on behalf of our customers, using our skills and our connections to get the preferred credit period approved. **For assistance in getting approved for your preferred motorbike loan terms, connect with Jade Bike Loans on 1300 000 003 or online.** *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.* **Categories:** Bike Buying Articles --- ### [New CFMOTO models arriving soon – apply for your loan and be ready to ride away.](https://www.jadebikeloans.com.au/blog/bike-buying-articles/new-cfmoto-models-arriving-soon-apply-for-your-loan-and-be-ready-to-ride-away) **Published:** February 6, 2024 **Author:** Publisher **Content:** With our experience in sourcing motorbike credit for our credit for our customers over a long period, we know how keen many two-wheel enthusiasts are to be first to own the latest model from their favoured manufacturer. For those with a preference for CFMOTO that time is approaching. The manufacturer has announced that new CFMOTO models are ‘imminent’ in Australian dealerships. Both the 450SR S and 450MT are due by around March, which may give buyers the opportunity to secure a flash new ride for an Easter road trip. To assist buyers to arrange the financing ahead of the arrival, the company has released pricing guides. Allowing buyers to speak with us about a pre-approved loan to be ready to be one of the first to purchase. **Potential buyers of the new CFMOTO models can review the machine specs and manufacturer’s pricing and apply to Jade Bike Loans for pre-approved finance.** ## **New CFMOTO Models – 450SR S** This extremely popular brand has announced that their flagship variant, the [450SR S](https://www.cfmoto.com.au/news/experience-the-evolution-cfmoto-450sr-s-elevates-lams-performance-to-uncharted-heights "450SR S") will arrive in Australia in this quarter 2024. Saying that this particular variant elevates the 450SR to new levels with its aerodynamic design and exciting features. This new model includes traction control, adjustable front suspension, braking system upgrade, sleek appearance and the tech and connectivity to allow the rider to be connected during their ride. The machine has the company’s 449.5cc engine and the company says this model is a representation of their steadfast commitment to cutting-edge, high performing and high quality machines for their customers. At the time of making the announcement, the ride away pricing quoted by the company was $9290. While prices may vary by the time the latest models hit showrooms, that figure may provide a guide for buyers to start working up their credit estimates with our [Motorbike Finance Calculator](https://www.jadebikeloans.com.au/finance-calculator "Start Planning Your Motorbike Purchase Today"). Before using an advertised ride away price for lending estimates, buyers should refer to the specifics of what is included in that price. With this manufacturer, it appears 6 months rego is included. But rego can be different in different states and territories. Prices quote before the latest machines arrive in the country may potentially vary to the final price tag due to a range of factors such as freight costs. When arriving at a price to use as the lending total in the calculator, buyers would be wise to take these factors into consideration. Specific quotes based on individual credit profiles are available via our online forms or by phone with one of our brokers. ## **CFMOTO 450MT Due Late March** Also coming from this manufacturer later in March is the [450 MT](https://www.cfmoto.com.au/news/450mt-pricing-arrival-timing-confirmed "450 MT") with a special ride away pricing for the launch of $8990. As noted above, when using advertised ride away prices to calculate estimates pre-application, take into consideration that the price may vary. There are a number of other important points to note for those interested in this latest 450 MT. The price advertised is a pre-order special price and only on offer for a limited time. For buyers keen to take advantage of the reduced pricing – which does offer a $500 savings on expected pricing from April, contact us asap for pre-approved financing. Buyers can confirm credit approval and a quote with one of our brokers to enable them to go ahead and pre-order their 450 MT at the special prices. The company notes that initial stocks for this model will be limited. Another reason to rev up your plans and submit your credit application asap. Priority delivery of limited stock will go to the pre-orders. Buyers that choose to wait until stock is available in the showroom to check out and test ride may have to wait until later in the year and pay the higher price point. ## Getting Pre-approved Finance for Pre-orders of New CFMOTO Models If you’ve never thought of applying for your credit before actually buying a machine, don’t worry. The same process, assessment, lending products and interest rates apply for pre-approvals as for post-purchase applications. On a new machine, the [Secured Motorbike Loan](https://www.jadebikeloans.com.au/secured-motorcycle-loans "Unlock Your Dream Ride with a Secured Motorbike Loan") will be the most popular lending product. For many buyers, they will not be required to provide additional collateral to secure approval. Subject to lender approval, the full purchase price may be borrowed, providing convenient no deposit credit. This lending product attracts our best fixed interest rate which we source individually from across our vast lender base when selecting the lender best suited to each customer. The term is fixed and negotiated to best meet our customer’s expectations. A fixed monthly repayment schedule is prepared so buyers can budget over the full term of their credit. This is a very popular brand in the market with sharp pricing. To ensure you secure your latest variant, contact us to arrange your lending. **For pre-approved finance on the new CFMOTO models, contact 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.* **Categories:** Bike Buying Articles --- ### [What releases are coming up? Get loan approved for new 2024 motorcycle models](https://www.jadebikeloans.com.au/blog/bike-buying-articles/what-releases-are-coming-up-get-loan-approved-for-new-2024-motorcycle-models) **Published:** January 10, 2024 **Author:** Publisher **Content:** With so much available online, instantly, buyers requiring credit may be wondering why they should bother using a motorcycle finance broker to source their loan? Won’t it be faster just to submit details with a few clicks and get a loan? Doesn’t make more sense to do purchase and credit at the same time with the dealer? Aren’t brokers just for the elite and for high-priced purchases? A: We do provide fast online application services, we source the lowest rates from across many lenders, we can save buyers time and no, our services are not exclusive to any particular buyer profile. That’s a nutshell response to some of the general queries that buyers may have about using our broker services. In this piece, we go into more detail and specifics on the why and how, focussing on how buyers can benefit from using a broker to source their credit. ## Variations with Motorcycle Finance Lenders One of the biggest advantages of using a broker to source financing is to find the right lender in Australia’s large consumer lending market. This market includes banks, finance companies, other non-bank lenders, manufacturers and dealers and brokers. Buyers should be aware that there are Consumer Credit Laws as regulated through [ASIC](http://www.asic.gov.au "Visit the ASIC Government Website for more information") and which determine what information lenders are required to source from applicants and guidelines to making offers. But beyond that, there are many differences and variations with what offers an applicant may receive. There are differences in how lenders assess applications for approval – their criteria. This can be based on the credit profile of the applicant, the amount they will lend and the rates and conditions they offer. While most banks and lenders will offer a [secured credit motorbike financing](https://www.jadebikeloans.com.au/secured-motorcycle-loans "secured credit product for motorbike purchases"), the specifics of the products can have variations including with rates, terms and with fees and charges. There are also differences in the interest rates that lenders set as their advertised rate, the Comparison Rate and what an applicant may be offered. **As a highly experienced, expert motorcycle finance broker, Jade Bike Loans source the right lender and the lowest rates from across their large lender selection**. We’re different from a comparison website which typically provide buyers with a list of lenders and their current rates for the buyer to follow-up and contact themselves. We have direct, industry-level connections with over 80 lenders and our brokers do that contact and that follow-up to present customers with the best quote at the best rate from the right lender that specifically matches their profile and requirements. ## Fast, Online Applications As with most industries, the lending sector has wide-ranging technology services for customers to access online. We offer online services to empower customers to request quotes online, calculate estimates online and to apply online. And we respond promptly! As your broker, our role is to work in your best interests and that includes delivering fast quotes and getting applications approved quickly. ## Getting the Best Interest Rate with Motorcycle Finance Broker As discussed above, interest rates on consumer loans do vary across the market. The [Reserve Bank ](http://www.rba.gov.au "Reserve Bank of Australia Website")sets a cash rate, but lenders then factor in their costs and analysis of different lending areas when setting their specific rates. Rates may vary for motorbike loans compared with say a boat or car loan. In the consumer sector, lenders are required to display an advertised rate and a [Motorcycle Loan Comparison Rates](https://www.jadebikeloans.com.au/motorbike-loan-interest-rates "Motorcycle Financing Rates"). The latter being the rate based on the specific example cited and including some but not necessarily all fees and charges. When individuals apply to a lender directly, they rarely have bargaining power to negotiate a rate down. We do and we use it to source the best rates for each customer. ## Time Saving Not Time Consuming When considering all the variations across the market as described, the scope and size of the task for buyers to find the right lender and the best offer should become clear. It can be time-consuming and for those not completely familiar with financial terminology, confusing. This brings us to dealer finance. For some buyers, the idea of getting bike and credit at the one place, at the same time appears sensible and time saving. But consideration should be given to the details, especially the rates and conditions of any offer. Many motorbike dealers, and some manufacturers, will offer credit services through a third party lender. Is this the best offer you could source? Using our services does not add time to arranging credit, we actually save customers time. How? Because with one call or online contact, we proceed to get the best quote from over 80 lenders. Many applications can also be approved in 24 hours. ## How to Work with a Motorcycle Finance Broker So how does it work? Working with Jade Bike Loans is streamlined and easy. Simply connect with a call or online request and we’ll be onto sourcing your quote and processing your application. Your broker is your own point of contact for streamlined communication. We assist with the paperwork and to get you riding out of the showroom even faster, we liaise between the dealer and lender to finalise settlement. **To realise the benefits and advantages of using a motorcycle finance broker to source the best rates and for quick approvals, connect with Jade Bike Loans on 1300 000 003 or online.** *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.* **Categories:** Bike Buying Articles --- ### [Know the difference between comparing rates and Motorbike Loan Comparison Rates?](https://www.jadebikeloans.com.au/blog/bike-buying-articles/know-the-difference-between-comparing-rates-and-motorbike-loan-comparison-rates) **Published:** January 23, 2024 **Author:** Publisher **Content:** When planning to purchase goods such as motorcycles or [bike loans](https://www.jadebikeloans.com.au/ "Find out more about our cycle loan offerings") with credit, in addition to deciding which make or model, smart buyers will also be considering their credit options. For many, that can just involve an online search to see what interest rates are being advertised by different banks and finance companies. If new to the consumer credit scene or haven’t applied for finance for a while, buyers may not be aware of the difference between comparing rates and comparison rates. Many may not have even taken a lot of notice of the two different interest rates being displayed by lenders. When making credit decisions which can involve repayments stretching over several years, buyers should be well-informed on their options including having an understanding of the basic terms and concepts. We appreciate that with the start of each year, a new generation of credit applicants ‘come of age’ and they may not be familiar with credit terminology and requirements. The financial markets do have a range of terms that do need some explanation to those outside the industry. Interest rates are extremely important to understand as they are the basis for the overall cost of credit and as such, the overall price of the machine being purchase. To increase the knowledge of credit applicants, we provide this explainer of the very important concept of interest rates – advertised and comparison. ## Comparison Rates Explainer There are two types of rates in consumer credit – one known as the advertised rate and the other the comparison rate. The latter does not apply to commercial credit, only consumer credit. Why? Consumer credit is highly regulated through [ASIC](http://www.asic.gov.au "Australian Securities & Investments Commission (ASIC) Official Website") while commercial credit is not. The regulations determine many aspects of how lenders approach assessing and approving applications. One of the key regulations is that lenders must display these two rates in advertisements and other communications. Buyers will note that the comparison is always higher than the advertised, we explain. All types of credit include some form of fees and charges which are additional to the interest charged on the loan. With credit such as for two wheel machines, these fees can include loan establishment costs, lender fees, government charges and others. The fees charged by lenders are not all the same. They can vary across the market of banks and finance companies as lenders can set their fees based on their requirements and costs. While interest charges are based on the amount borrowed and the repayment timeframe, most fees and charges are one-offs. Some lenders may however, charge monthly fees. These fees are disclosed when quotes or offers are provided. These fees are typically built into the repayments, but some may be requested upfront. In order to provide consumers some indication of the variations in fees and charges across the market, the comparison rate is required to be revealed. The advertised rate – the one that is usually most predominant on lender sites, is essentially the base rate. The rate applied to the borrowings over time. The comparison is a rate which is calculated on a specific credit example starting with the base rate and including some of the fees and charges applied by that lender. The rate displayed will relate to the credit example – it will show typically new goods, with a borrowing of $xxxxx over XX months for an applicant with good credit. With some but possibly not all fees included, the rate is amortised out over the term based on that higher total than just the amount borrowed, hence it is higher than the advertised. Both or one of these may be used when calculating estimates in the Finance Calculator. ## Comparing Interest Rates When comparing rates which should you compare? Well both really. While most buyers will focus on the advertised, comparing both can insight into which lender has higher fees. It should also be noted that lenders display their best rate available which will be for new motorcycles for applicants that have a good credit rating. Used machines may attract a different rate as can applicants with a less than good credit profile. The credit rating forms an integral part of the assessment and buyers can follow steps at [Moneysmart](http://www.moneysmart.gov.au "Explore the gov Moneysmart steps") re improving their score. Other factors are also assessed when lenders prepare offers. ## Securing Competitive Motorbike Loan Comparison Rates Rates, credit products, fees and approval criteria vary across the lending market. To secure the best offers, buyers may need to cover a lot of ground and in so doing, impact their very important credit rating. **With a vast lender base and exceptional expertise and experience, Jade Bike Loans has the proven ability to secure competitive motorbike loan comparison rates** for new [secured motorbike financing](https://www.jadebikeloans.com.au/secured-motorcycle-loans "Secure the best motorcycle loans") and used bike loans. We have 80+ lenders with [low motorcycle finance rates](https://www.jadebikeloans.com.au/motorbike-loan-interest-rates "Cost-effective motorcycle financing interest rates") from which to source customers the best offers. We know the rates and the fees and charges applied by our lender base. Enabling our brokers to secure the lowest offer. Your Jade broker will explain all the details of your offer to ensure you are in a position to make a well-informed decision on credit for your new ride. **For an affordable used motorbike loan contact 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.* **Categories:** Bike Buying Articles --- ### [Dakar Rally 2024 - 2 Aussies Finish in Top 10](https://www.jadebikeloans.com.au/blog/bike-buying-articles/dakar-rally-2024-2-aussies-finish-in-top-10) **Published:** January 22, 2024 **Author:** Publisher **Content:** The [Dakar Rally](https://www.dakar.com/en "Dakar Rally - The Ultimate Off-Road Adventure Race") for 2024 concluded on 19 January and while we didn’t have any Aussies on the podium, our two legends of the event – Toby Price and Daniel Sanders, placed in the top 10 in the motorbike category. Any finish in this most challenging event should surely be taken as a win! The 2024 event was the 46th staging of the event and the 5th time that it was held in Saudi Arabia. The course covered nearly 8,000 kilometres over the 14 days including numerous stages which apparently really tested competitors. The course covered ancient cities, the Red Sea shores and dunes. Competitors include cars, trucks and motorbikes with a total of 239 vehicles out of the 340 that started, finishing. In the motorbike category, 132 started and 96 finished. This annual endurance rally is a real test for riders and crews and for their machines. Reviewing which manufacturers finished in the leading group may be buying inspiration for those considering an adventure ride purchase. ## Dakar Rally – Top 10 The winner of the 2024 rally was Ricky Brabec from the USA on a Honda CRF 450R. This is the second title for the champion after he won in 2020. Second over the line was Ross Branch from Botswana, notching up a landmark ‘first podium’ for Indian motorbike brand Hero and the first for Botswana. Honda also took out third place with Adrien Van Beveren making his debut podium appearance. Australian legend Toby Price, a two-time winner, finished in 5th spot behind his KTM team mate Kevin Benavides. Australia’s Daniel Sanders rode is GASGAS to 8th. A position which was around 1 hour 15 minutes behind winner Brabec. Stefan Svitko and Martin Michek rounded out the top 10. Congratulations to all riders and crews and while Toby Price may reportedly not be competing in the 2025 edition on two wheels at least, Daniel Sanders who had only recently recovered from an injury, is already setting his sights on next year. ## Leading Manufacturers – Dakar Rally For prospective buyers looking at the event for buying guidance, here’s the top 10 analysis. Honda had the most teams in the top 10 with 3, including the 1st and 3rd placegetters. KTM with Price and Benavides and Svitko also notched up three. GASGAS, Husqvarna and Hero one each. Intel for buyers to hit the showrooms, or the net, to check out the latest models and any deals currently on offer. [Honda Motorcycles](https://motorcycles.honda.com.au/ "Honda Motorcycles - Official Site for Honda Bikes and Scooters") is one of the most popular brands on 2 wheels. In competition, the brand has a deep heritage with our own stars such as Mick Doohan amongst their riders. The brand offers a range of models to suit all types of riders including those looking for a LAMs model. The model ridden by Brabec was the CRF 450R. This model is in the Competition category and will be a favourite ‘must test-ride’ for motocross enthusiasts. The ride has features which make provide greater stability even when making fast turns. These include the rigidity of the frame, suspension and bump absorption. If touring or commuting is more your riding style, Honda have rides for most riders. If a [KTM](https://www.ktm.com/en-au.html) is your preference, you could be in for a saving with the brand advertising some great savings on a number of models. The 2023 models of the 690 SMC R are being advertised with a rideaway pricing of $17,895 and several 2022/2023 models in the Adventure range for $19,795. According to the brand, these prices represent savings between $2,200 and $3,600. Very appealing and worth heading to our [Finance Calculator for motorcycles](https://www.jadebikeloans.com.au/finance-calculator "Motorcycle Loan Calculator - Estimate Your Bike Loan Payments") to see what those prices may represent in monthly credit repayment estimates. ## Financing a Dakar Rally Winning Motorcycle Entering an iconic endurance rally event may be outside your capabilities or possibilities, but owning a machine of the same brands as some of the winning teams could be a reality. **To own a Dakar Rally winning motorcycle brand – Honda or KTM, contact Jade Bike Loans for lower rates on individually sourced secured motorbike finance.** Our [better motorcycle interest rates](https://www.jadebikeloans.com.au/motorbike-loan-interest-rates "Find Better Motorcycle Loan Rates - Compare and Save") across funding for all brands and models are negotiated from across a lender base of 80+ banks and lenders. Our brokers save riders the massive time commitment to cover off on the many options available by handling the entire credit process. From initial request for quote through to settling you’re your dealer. Credit is available for all types of rides – competition and daily rides, of all sizes. Special services available to assist new, young riders get on their first ride with affordable credit. **For low rate financing of a Dakar Rally winning motorcycle, connect with Jade Bike Loans on 1300 000 003 or online.** *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.* **Categories:** Bike Buying Articles --- ### [Why should buyers use a motorcycle finance broker?](https://www.jadebikeloans.com.au/blog/bike-buying-articles/why-should-buyers-use-a-motorcycle-finance-broker) **Published:** January 23, 2024 **Author:** Publisher **Content:** With so much available online, instantly, buyers requiring credit may be wondering why they should bother using a motorcycle finance broker to source their loan? Won’t it be faster just to submit details with a few clicks and get a loan? Doesn’t make more sense to do purchase and credit at the same time with the dealer? Aren’t brokers just for the elite and for high-priced purchases? A: We do provide fast online application services, we source the lowest rates from across many lenders, we can save buyers time and no, our services are not exclusive to any particular buyer profile. That’s a nutshell response to some of the general queries that buyers may have about using our broker services. In this piece, we go into more detail and specifics on the why and how, focussing on how buyers can benefit from using a broker to source their credit. ## Variations with Motorcycle Finance Lenders One of the biggest advantages of using a broker to source financing is to find the right lender in Australia’s large consumer lending market. This market includes banks, finance companies, other non-bank lenders, manufacturers and dealers and brokers. Buyers should be aware that there are Consumer Credit Laws as regulated through [ASIC](http://www.asic.gov.au "Visit the ASIC Government Website for more information") and which determine what information lenders are required to source from applicants and guidelines to making offers. But beyond that, there are many differences and variations with what offers an applicant may receive. There are differences in how lenders assess applications for approval – their criteria. This can be based on the credit profile of the applicant, the amount they will lend and the rates and conditions they offer. While most banks and lenders will offer a [secured credit motorbike financing](https://www.jadebikeloans.com.au/secured-motorcycle-loans "secured credit product for motorbike purchases"), the specifics of the products can have variations including with rates, terms and with fees and charges. There are also differences in the interest rates that lenders set as their advertised rate, the Comparison Rate and what an applicant may be offered. **As a highly experienced, expert motorcycle finance broker, Jade Bike Loans source the right lender and the lowest rates from across their large lender selection**. We’re different from a comparison website which typically provide buyers with a list of lenders and their current rates for the buyer to follow-up and contact themselves. We have direct, industry-level connections with over 80 lenders and our brokers do that contact and that follow-up to present customers with the best quote at the best rate from the right lender that specifically matches their profile and requirements. ## Fast, Online Applications As with most industries, the lending sector has wide-ranging technology services for customers to access online. We offer online services to empower customers to request quotes online, calculate estimates online and to apply online. And we respond promptly! As your broker, our role is to work in your best interests and that includes delivering fast quotes and getting applications approved quickly. ## Getting the Best Interest Rate with Motorcycle Finance Broker As discussed above, interest rates on consumer loans do vary across the market. The [Reserve Bank ](http://www.rba.gov.au "Reserve Bank of Australia Website")sets a cash rate, but lenders then factor in their costs and analysis of different lending areas when setting their specific rates. Rates may vary for motorbike loans compared with say a boat or car loan. In the consumer sector, lenders are required to display an advertised rate and a [Motorcycle Loan Comparison Rates](https://www.jadebikeloans.com.au/motorbike-loan-interest-rates "Motorcycle Financing Rates"). The latter being the rate based on the specific example cited and including some but not necessarily all fees and charges. When individuals apply to a lender directly, they rarely have bargaining power to negotiate a rate down. We do and we use it to source the best rates for each customer. ## Time Saving Not Time Consuming When considering all the variations across the market as described, the scope and size of the task for buyers to find the right lender and the best offer should become clear. It can be time-consuming and for those not completely familiar with financial terminology, confusing. This brings us to dealer finance. For some buyers, the idea of getting bike and credit at the one place, at the same time appears sensible and time saving. But consideration should be given to the details, especially the rates and conditions of any offer. Many motorbike dealers, and some manufacturers, will offer credit services through a third party lender. Is this the best offer you could source? Using our services does not add time to arranging credit, we actually save customers time. How? Because with one call or online contact, we proceed to get the best quote from over 80 lenders. Many applications can also be approved in 24 hours. ## How to Work with a Motorcycle Finance Broker So how does it work? Working with Jade Bike Loans is streamlined and easy. Simply connect with a call or online request and we’ll be onto sourcing your quote and processing your application. Your broker is your own point of contact for streamlined communication. We assist with the paperwork and to get you riding out of the showroom even faster, we liaise between the dealer and lender to finalise settlement. **To realise the benefits and advantages of using a motorcycle finance broker to source the best rates and for quick approvals, connect with Jade Bike Loans on 1300 000 003 or online.** *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.* **Categories:** Bike Buying Articles --- ### [Motorbike sales fell in 2023. Is it a good time to buy with motorbike finance?](https://www.jadebikeloans.com.au/blog/uncategorised/affordable-used-motorbike-loan-options) **Published:** January 15, 2024 **Author:** Publisher **Content:** The sales trends in two-wheel machines can attract interest from enthusiasts and potential buyers keen to stay across how the market is tracking. The Federal Chamber of Automotive Industries (FCAI) released their 2023 motorbike sales data in early January. After an impressive uptick in sales during the COVID years sales for 2023 were down slightly on 2022 figures. For buyers, the question may arise of whether or not it is a good time to buy and if there are any implications for motorbike finance? Whatever the market position, it can always be diligent to assess many factors when planning to take on credit to purchase goods such as bikes. This includes the goods, the seller, the pricing and of course the funding options, especially how to get the best interest rates. To assist buyers to interpret the latest sales data in regard to deciding if the time is right to buy a new machine with credit, we present some factors to consider and ways we can assist riders acquire new machines with affordable credit. ## Motorbike Sales Data Considerations Any data, including sales figures, needs to be considered in context. That is, how it is compiled, what it does and does not include and if issues apart from buyer preference have an influence on the results. With the [FCAI](http://www.fcai.com.au "FCAI: The Voice of Australia's Automotive Industry") data a key point to note is that the sales figures are for purchases of new machines only and only for sales as reported to the Chamber from its members. Not all motorbike manufacturers are members of the FCAI. It can be worthwhile knowing which manufacturers are FCAI members and report figures and which are not to put the results into context and perspective. According to reports in key media, the companies representing brands such as Benelli, [Royal Enfield](https://royalenfield.com.au/ "Experience Timeless Adventure with Royal Enfield Motorcycles"), CFMOTO and Sherco are not FCAI members and hence their sales would not be included in the figures. Another consideration in using the latest figures as assistance with purchase timing and choices, is that they are reported in categories only – on-road, off-road, scooters, and off highway vehicles (OHV). Information is not reported on which particular makes and models were the top selling machines. From a buying perspective, for purchases looking for what machines are attracting buyer interest, the data may not provide the specific guidance they are seeking. From a financing perspective, the general interest rate environment, especially the consecutive rate rises through 2022 and 2023, will be impacting sales of major goods. Individuals are dealing with higher costs and possibly higher mortgage rates. Buying a new ride may be one move which has to be postponed due to economic times. From the other perspective, in times of lower interest rates, such was the situation in 2020 and 2021, credit is cheaper and this has been seen to be a major driver of sales in many markets. But monthly and annual sales figures would not influence the general interest rate market. With sales of new rides dropping, there may be potential for increased demand in the second-hand market. This was particular evident in the auto sector when supply was restricted as a result of COVID supply issues. Prices rose significantly on used cars. Buyers in the second-hand market may need to keep a close eye on pricing if demand does start to rise in the used bike market. From another perspective, if demand for new machines is slower than dealers would like, they may be prepared to offer better deals. ## FCAI Sales Report The annual sales figures on OHVs and motorcycles from the FCAI shows a 3.1% fall in sales compared with 2022. Off-road models fell by 3.7%, road models by 3%, OHV by 7.8% while scooter sales were up 15.4%. The Chief Executive of the Chamber, Tony Weber, said that factors such as interest rate rises and pressures from the costs of living would have been contributors to the fall in sales. Mr Weber noted that purchases of recreational goods – discretionary spending, can often be some of the first buys to be impacted when finances are tight. While the 2023 figures were down around 3% on 2022, that is a much smaller drop that 2022 compared with 2021 when sales fell over 19%. This may indicate that buyers did start returning to the market in 2023. ## Making NOW a Good Time to Buy with Motorbike Finance **With the assistance of Jade Bike Loans to source lower interest rates, buyers may find now is an ideal time for a new ride with motorbike finance**. In fact, with our access to a vast number of banks and lenders, we are always ready to find the lender that will offer each of our customers the best credit at the [best finance rate for motorcycles](https://www.jadebikeloans.com.au/motorbike-loan-interest-rates "Find the Best Finance Rate for Your Dream Motorcycle"). To find out if NOW is the right time for you to purchase a new ride with credit, request a quote to see how affordable we can make your new machine. **For lower rates and better motorbike finance, connect with Jade Bike Loans on 1300 000 003 or online.** *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.* **Categories:** Uncategorised --- ### [Economy, Efficiency, Exhilaration: The Motor Bike Experience](https://www.jadebikeloans.com.au/blog/bike-loan-tips/economy-efficiency-exhilaration-the-motor-bike-experience) **Published:** November 7, 2019 **Author:** Publisher **Content:** With the price of petrol, parking availability and traffic congestion, it’s no wonder that many people exchange four wheels for two as their daily drive. Motorbikes and scooters make the city commute more economic and when it comes to finding a park, either on the street or in your apartment building – it’s usually a lot easier to find space for a bike than a car. The delivery industry also presents business opportunities and extra income earning options for motorbike and scooter owners on either a full-time or part-time basis. But the enjoyment of owning a bike goes beyond economics and efficiency. As many of the riders that we’ve assisted with great [bike loans](/) will confirm, it’s an experience in itself. Not just for daily commutes and courier businesses, motorbikes are the ideal way to get away. A reason to hit the open road, explore the winding, scenic back routes and discover the secrets of this great country. Touring on a motorbike truly is when the journey itself becomes the destination. Jade Bike Loans can make the process of adding a bike or scooter to your garage or buying your first machine, a streamlined process. We can have you sorted for an end-of-year jaunt or ready to get into the growing delivery industry, quickly and easily. Just give Jade Bike Loans a call, even before you start selecting your wheels. We can arrange a pre-[approved bike loan](/approval) so you know your budget in advance. Owning a bike represents both great lifestyle options and interesting business opportunities and could be worth considering. Keep an eye on your inbox for our future issues, with more ideas to spark your interest. *DISCLAIMER: THE INFORMATION PROVIDED IN THIS PUBLICATION IS INTENDED AS AN OPINION AND A GUIDE ONLY. IT IS NOT INTENDED AS FINANCIAL ADVICE. CONTACT YOUR FINANCIAL ADVISOR FOR PROFESSIONAL ADVICE ON YOUR SITUATION.* **Categories:** Bike Loan Tips --- ### [COVID-19 Instant Asset Write-Off](https://www.jadebikeloans.com.au/blog/bike-loan-tips/covid-19-instant-asset-write-off) **Published:** April 23, 2020 **Author:** Publisher **Content:** The Australian Government has announced a number of stimulus packages to support businesses and individuals to deal with the impacts of the coronavirus crisis. One of the key inclusions of one of the first packages was the Instant [Asset Write-Off (IAWO)](https://www.ato.gov.au/Business/Depreciation-and-capital-expenses-and-allowances/Simpler-depreciation-for-small-business/Instant-asset-write-off/). This is a measure designed to boost investment and may be of interest to businesses that own and operate motorbikes in the course of the operations or for bike owners that use their rides for business purposes. To support our Jade customers in fully understand the benefits and implications of IAWO, we’ve provided this explainer which covers the key points: - The threshold has been increased from the previous $30,000 maximum to $150,000 for IAWO of eligible assets for eligible businesses for a limited period. - Businesses that are eligible are those that have an aggregate annual turnover of $500 million as at 30 June 2020. - Eligible assets must be new assets and as designated as depreciable under Division 40 of the [Taxation Act](https://www.legislation.gov.au/Details/C2019C00049/Html/Volume_6). - Our opinion is that motorbikes used in the conduct of operating a business would be considered eligible assets. - To be eligible for IAWO, these new assets must be purchased and ready for use by 30 June 2021. If you’re considering the purchase of a new motorbike, this may be an initiative worth considering. As with all decisions of this kind, we advise you to consult with your accountant. ## Financing a Bike for IAWO While many businesses have been forced to close or wind down operations during the coronavirus crisis, Jade Bike Loans has been ‘business as usual’ and stands ready to assist you with your motorbike finance requirements. Interest rates are currently at low levels and this may be an added incentive to act on a purchase at this time. When taking out a bike loan, in order to take advantage of the IAWO, you need to have an on-balance sheet finance facility. That is Chattel Mortgage or Commercial Hire Purchase (CHP). Motorbike leasing is an off-balance sheet finance product. The bike appears as an asset/liability on the balance sheet of the lender so, as the borrower, you would not be in a position to claim the asset write-off. While the benefits of IAWO may seem appealing, they should be considered in light of the greater benefits your business may realise through a leasing finance product. These are conversations would you need to have with your accountant as they are dependent on individual circumstances. There have been many changes to business and personal lives and lifestyles as a result of coronavirus. One has been in the area of online shopping, home deliveries and other retailers moving to the direct to consumer business model. These changes may represent opportunities for motorbike delivery services to expand their operations. We will be keeping up with developments and business opportunities as Australia enters the COVID-19 recovery phase and will be posting articles to update our customers accordingly. So stay connected with Jade Bike Loans. To discuss your motorbike finance requirements, contact us at 1300 000 003 to speak with a Jade Bike Loans consultant. *DISCLAIMER: THE INFORMATION PROVIDED IS FOR GENERAL CONSIDERATION. ANY REFERENCE TO OFFICIAL GOVERNMENT POLICIES HAS BEEN SOURCED FROM AUSTRALIAN GOVERNMENT AND STATE GOVERNMENT SOURCES. NO LIABILITY IS ACCEPTED FOR ANY ERRORS IN THE PRESENTATION OR INTERPRETATION OF THE FACTS AS PROVIDED BY THESE SOURCES. WE ADVISE ALL INDIVIDUALS AND BUSINESSES TO REFER TO THEIR ACCOUNTANT OR FINANCIAL ADVISOR FOR PROFESSIONAL ADVICE SPECIFIC TO THEIR INDIVIDUAL CIRCUMSTANCES.* **Categories:** Bike Loan Tips --- ### [Riding in the COVID-19 Era](https://www.jadebikeloans.com.au/blog/bike-loan-tips/riding-in-the-covid-19-era) **Published:** April 29, 2020 **Author:** Publisher **Content:** COVID-19 has changed many aspects of our lives including how we ride our motorbikes. While some level of confusion around coronavirus exists in the general community, many riders have specific questions around what is and isn’t allowed and what precautions they should be adopting. Others are considering a motorbike purchase while in lockdown and making wishlists. Keen, lifelong motorbike enthusiasts need little encouragement when it comes to buying a new bike. But we know there are many others that are perhaps tossing up between a car or a bike and between a new or used bike. We’ll give you a few points which may assist your decision-making. ## **Updates on the motorbike scene, especially in regards to impacts caused by the coronavirus pandemic:** - Business opportunities: if your bike purchase is around a business, current consumer buying trends may offer some optimism around business opportunities. The [COVID-19 lockdowns](https://www.health.gov.au/news/health-alerts/novel-coronavirus-2019-ncov-health-alert/coronavirus-covid-19-current-situation-and-case-numbers) were expected to result in a massive uplift for food delivery services. While some operators have reported in the media that they haven’t seen a significant increase in business, there appear to be more individual restaurants and cafes starting their own delivery services to avoid the fees charged by delivery companies. Opportunities may exist for you to get into that area either as a full-time enterprise or a side job for extra income. Why not take the initiative and approach your local restaurant and present a proposal. - There has definitely been an increase in online shopping and other home delivery services and this trend is expected to be sustained even after the coronavirus restrictions are lifted. While not all deliveries can be made on a motorbike, many can and it may be worth you investigating. - The [NRMA](https://www.nrma.com.au/) has come out and reminded motorists to start their cars regularly when they are in lockdown as their roadside service had responded to many more calls for flat batteries. Same goes for bikes. If you’re in self-isolation or lockdown, turn over the engine so it’s ready when you want to head out for a ride. - Service centres and mechanics are still working through lockdown so it may be a good idea to bring forward any scheduled servicing. - One of the big questions during the lockdown era has been around what you are and are not allowed to go out on your bike for. This has differed greatly across the states so you are advised to check with your local area as to what the current restrictions are. - While many of us have been in lockdown there is one group that has actually ramped up their workload and that is the police. Across the country, police are out in force to both implement coronavirus restrictions and carry out their normal duties. Police in many states are reporting an increase in unacceptable driving behaviour, especially in regard to speeding. So be mindful. The roads may have less traffic but speed limits still apply. - On that note, many children will be learning from home for some time, but speed zones around schools will still be operational during the usual school terms. - Hygiene is particularly important at this time and around your bike, you need to take precautions. High contact areas should be wiped down with an appropriate cleaner, avoiding strong chemicals that might damage the surface. - Bike riders wear gloves and helmets, but this is not PPE – personal protective equipment. It may protect you in some scenarios but you still need to practice physical distancing and good hand hygiene. Avoid touching your face with your gloved hands. - Carrying a pillion passenger? You would want to check with authorities but under the guidelines, it probably should be someone from your own household – at least for now. - When refuelling, make sure you use a sanitiser or wash your hands thoroughly after touching fuel pumps and other public surfaces such as EFTPOS. ### **Buying Influences** If you’re undecided about a bike purchase, here’s a few considerations:- - Motorbikes cost less than cars to maintain and operate and may take some pressure off your weekly budget, especially if your income has been affected by COVID-19. - Bikes are much easier to manoeuvre through city traffic than cars. - Bikes are easier to park and in major capital cities that can be a deal maker or breaker. - Bikes can be used for general commutes, your daily ride, for some business purposes plus on weekends, you have your recreation sorted – just go for a ride! - During COVID-19, many sellers have moved to a contactless or at least minimal contact, operation but dealers are still open and great bike deals are available. - Auctions are available online so there’s no FOMO if you’re in lockdown. - [Motorbike Finance Interest Rates](/motorbike-loan-interest-rates "Get Upto Date Bike Finance Rates Here") are at historic lows – enough said. ### **Bike Loans – Business as Usual** Jade Bike Loans is open for business as usual in sourcing you great [cheap approved motorbike loans](/ "Jade Bike Loans"). Some banks and lenders have tightened lending guidelines which means having us as your broker to navigate your deal through is an even greater advantage. **When you’re ready to buy, or even before, give us a call and we’ll provide you with a quote on your new bike. Call 1300 000 003** **Categories:** Bike Loan Tips --- ### [Great Motorbike Rides, Tours, and Bike Loans](https://www.jadebikeloans.com.au/blog/bike-loan-tips/great-motor-bike-rides-and-tours) **Published:** May 3, 2020 **Author:** Publisher **Content:** We’ve all had to make many sacrifices and life changes due to COVID-19 and for motorbike enthusiasts that meant not being allowed to just head out on the open road for a ride. The stay at home restrictions has meant most people have not been permitted to venture beyond their local area for weeks. But as restrictions on our movements are gradually being eased, bike owners are already planning their first tour. Restrictions on travel differ markedly from state to state and from week to week. So you should be checking with your local authorities to avoid the risk of a fine. And remember, although the roads are much quieter due to less traffic, the speed limits still exist and the police are out in force to implement all road rules. ## **So once you’re allowed out of lockdown, what will be your first ride?** Most riders can’t wait to just get out there. It doesn’t have to be a Dakar Rally experience, just a ride. Head onto the wide-open road or the not so wide, more winding and less-frequented roads and enjoy time with your bike and possibly a few friends. For those new to bike touring, there are plenty of websites that offer ideas and tours for on and off-road adventures across this great southland. Guided and self-guided tours are available for those looking for a company. New riders may also consider joining a club that offers regular group rides to explore a range of different locations. Or just head out on your own for solace in the outdoors to clear your mind. When planning your tour, whether it be a day trip, a few days away or an extended trip, be mindful of the regions you will be travelling into both in regard to coronavirus and other issues. Once restrictions on travelling further from home are lifted and the crisis has subsided, head to areas that have been seriously affected by drought and bushfires and support these communities. But only if authorities say it is safe to do so. Many of these areas have limited medical facilities and do not want COVID-19 brought in to overrun their resources. If travelling in indigenous community regions during COVID-19 times, be careful and preferably avoid them as these communities are considered highly vulnerable. Australian tourism is taking a massive hit from the coronavirus and with our international borders set to be closed for some time, areas dependent on tourists need your support. ## **Motorbike Touring Suggestions** - The Red Centre and Uluru: this area is on just about everyone’s bucket list and if you’ve added it to yours while stuck at home, now could be the time to tick it off the list. It will require a lot of planning from any state but will be well worth it. Check various forums and other social media sites for tips and hints on roads to take, places to stay, fuel availability and general travel conditions. - Victoria: the Great Ocean Road is always a bike tourer’s dream run but heading inland, you’ll also find some great places. Try a visit to the wine regions (but don’t drink and ride) or through the alpine areas which were hard hit by the bushfires. Check on the availability of resources etc before heading into bushfire affected areas. - NSW: if you want a relatively short but very enjoyable ride out of Sydney, head north and take the Old Pacific Highway rather than the freeway. It’s winding and narrow and there are some great refreshment stops along the way. Or head south and weave your way through the Royal National Park and onto the south coast. The south coast was devastated by the bushfires and when they’re ready, they’ll appreciate your visit. - Check out what’s happening with this year’s Snowy Ride into the NSW Alpine area. This fundraising event has been going on since 2001 and is scheduled for November. Hopefully, it will still be able to proceed. - South Australia: Show your support for the wine-growing regions once they reopen after coronavirus, but don’t drink and drive. Stay overnight and have your orders delivered to your home. - Queensland: from the coastal areas, head inland and explore the trails up into the Hinterland and rainforests or go even further and support the rural communities in outback areas. - WA: at the moment the government is maintaining border and regional restrictions. But once they are lifted, it’s back to the road. North, south or west, you’ll find plenty of great reasons for a day ride or an extended stay. - Tasmania: if you’ve never been to the Apple Isle, it should be on your list. Grab the Spirit of Tasmania to cruise over then ride off and explore the amazing attractions this state offers. ## **Touring Bike Options** Even trying to select the best touring bikes available would be fruitless and highly contentious. So we’ve stuck to just mentioning some of the 2020 releases in touring bikes to whet your appetite: - [Triumph Tiger Explorer 1200](https://www.triumphmotorcycles.com.au/motorcycles/adventure/tiger-1200) - Suzuki V-Strom 1050 - Harley Davidson Electra Glide - [Ducati Multistrada 1260 S](https://www.ducati.com/gb/en/bikes/multistrada/multistrada-1260) - [BMW R1250 GS](https://www.bmwmotorcycles.com/en/models/adventure/r1250gs.html) - [Honda Gold Wing](https://powersports.honda.com/goldwing/2020/index.html) ## **Bike Loans – Business as Usual** If we’ve got you thinking about buying a touring bike, great! Jade Bike Loans is open for business as usual in sourcing you a great [motorbike loan](/). [Need to calculate repayments then use our bike finance calculator](/finance-calculator) **Just give us a call and we’ll provide you with a quote on your new bike. Call 1300 000 003** **Categories:** Bike Loan Tips --- ### [Making the Most of Cheap Interest Rates](https://www.jadebikeloans.com.au/blog/bike-loan-tips/making-the-most-of-cheap-interest-rates) **Published:** May 10, 2020 **Author:** Publisher **Content:** It’s no secret that interest rates are at the lowest rates they have ever been. The secret is how you make the most of cheap interest rates by securing a genuinely cheap motorbike loan. That requires understanding how rates are derived, what loans offer the best rates, being able to [compare motorbike loans interest rate offers](/motorbike-loan-interest-rates) to select the cheapest, knowing where to get the cheapest loans, being fully across your own financial objectives and being able to source a bike loan that will allow you the flexibility to structure the terms to meet your objectives. ## **How Interest Rates are Set: Explainer** Most of the talk about interest rates in the media is around the Reserve Bank setting the official cash rate. This is not the interest rate that applies to say motorcycle loans. It relates to the interest rate that banks and lenders might be charged when they source their funds to have available to then make loans to their customers. OK, getting too much into the technical side of finances. In short, the official cash rate is a starting point and then each bank and lender sets the interest rate they charge on loans based on how much it costs them to source their funds; their knowledge of the market, eg the motorbike scene; their assessment of the risk presented by an individual application and other issues. When the interest rate is low – you get less interest on your savings so if you’re saving to buy a bike, it will take you longer. But when interest rates are low, you pay less on a bike loan so you pay off your bike faster. In May 2020, the [Reserve Bank](https://www.rba.gov.au/education/resources/explainers/how-rba-implements-monetary-policy.html) indicated that they were not going to lower interest rates further, so that means – this is the lowest they will be possibly for years. ### **Cheap Interest Rates v Cheap Motor Bike Loans** Low interest rates should not be used as the only factor when selecting who you will sign with for your bike loan. An advert for low interest rates may be hiding high loan fees and charges. To keep it all in perspective, you need to get a complete quote for your bike loan from multiple lenders and then compare the overall cost of the loan once all fees and charges are included. For more information on comparing interest rates, head to our web page where we discuss that issue. Just realise, doing all that yourself, can be very time-consuming and infuriating. #### **Sourcing a Cheap Interest Rate Bike Loan** So if you don’t want to spend a heap of time contacting multiple banks and finance companies to go through the bike loan application process, just so you can figure out which actually does have the cheapest interest rate – what do you do? Simple, use the services of a [motorcycle finance broker](/broker "Bike Loan Broker") – Jade Bike Loans. Sourcing a range of loan options to secure our customers the cheapest loan is our core business. - We know which lenders [finance motorbikes](/ "Cheap Bike Loans Interest Rates Australia"), understand the scene and offer the best loans. - We are accredited with many, many lenders so we can quickly assess the bike loan market for the cheapest rates and offers on any given day. - We have access to industry-only lenders which individuals do not. - We have the bargaining power to negotiate the interest rate down to the cheapest rate. In a nutshell, that’s essentially how Jade Bike Loans sources the cheapest interest rates to form the basis for your cheap bike loan. ##### **Structuring Your Bike Loan to Maximum Effect** Making the most of cheap interest rates involves deciding the best way to structure your own individual [secured bike loan](/secured-motorcycle-loans "Secured Finance For Motorbikes"). - Low interest rates can make the monthly repayments cheaper but your loan term longer, or - Pay more on your monthly repayments but have the bike loan paid off faster. That decision is yours to make personally and requires having clarity across your personal financial situation. We always advise that if required, people seek professional financial advice. Not all banks and lenders will give you the flexibility to structure your bike loan to suit your requests. Many have strict guidelines over loan terms and other factors which are difficult for individuals to negotiate around themselves. But not so difficult for your Jade Bike Loan consultant. It’s our business, we do it every day. So the bottom line is – interest rates are at historic lows but in order to make the most of the situation, you should be using the professional finance broker services of Jade Bike Loans to source you the cheapest overall bike loan and give you the flexibility to structure your loan to suit your current financial situation and work towards achieving your financial goals. To talk cheap interest rate motorbike loans, call Jade Bike Loans at **1300 000 003 and have an initial discussion with one of our consultants**. **Categories:** Bike Loan Tips --- ### [Tips for Buying Your First Motor Bike](https://www.jadebikeloans.com.au/blog/bike-loan-tips/tips-for-buying-your-first-motor-bike) **Published:** May 14, 2020 **Author:** Publisher **Content:** Buying your first motorbike is one of life’s milestones. For many bike fans, a first bike is often kept forever as a great memory. But if you’re new to the bike scene, it can be confusing. Everyone wants to give you their 10c worth – even if you don’t ask for their advice! But you’ve come to us, so we’ll share a few of the tips we’ve collected over years of sourcing great bike loans for our customers. ## **Get Your Motor Bike Licence** - Bike first or [licence](https://www.qld.gov.au/transport/licensing/motorcycles/getting) first? You need a bike to learn but you need a licence to ride? - First, check your state roads and motor department for your state’s motorbike licencing regulations. Most offer a learner’s permit then a graduated system to a full unrestricted licence. - Ensure you know what type and size of bikes you are permitted to ride under which licence category. ### **Learn to Ride** Safety is paramount when it comes to riding a motorbike. It’s not just about you but about your relationship to the other drivers around you. - There are many professional motorbike riding [training schools](https://www.motorcycleridingschools.com.au/) so enrol in a course and learn the basics from people that really know what they’re doing. #### **Buy a Quality Helmet - Your mother is right on this one – you need a good quality helmet and other protective gear. - Allow money in your budget to purchase the right gear and it will last you years. - Speak with your Jade [Bike Loans Finance](/) consultant about including an allowance for the safety gear in your bike loan. - Choose your helmet, gloves, pants, jacket and boots and any additional heavy duty gear you feel you might need. ##### **Know Your Limits** - Different licence categories permit riding different sized bikes. This may vary from state to state – ensure you know the size of the bike you will be allowed to ride for your licence category. - You will need a degree of physical strength to ride a bike, especially a large bike. So make sure you don’t punch above your weight. - Weigh all this up to decide what size horsepower and body size of bike you will be looking for. ###### **Use and Riding Style** - There are around several different categories of motor cycles including sports bikes, cruisers, tourers, dirt and off-road bikes and general road bikes. - Decide where you are going to ride predominantly, how you will use your bike and decide which category is best for you. - For most riders, your first bike is exactly that. Remember, you can trade up to your next bike when you are more proficient, when you can afford it or just because you want to. So make a sensible decision that considers your riding capabilities, what type of roads you will be riding on and how you will be using your bike – general transport, delivery work, recreation etc. ###### **Sort Your Finances** - Most people will need to borrow money, ie source a loan, to buy their first bike. [Interest rates for motorbikes](/motorbike-loan-interest-rates) are currently at historic low rates which is great if you want a bike loan but not so great if you’re saving to buy a bike. Your savings are earning less interest so it’s going to take longer to reach your target. But [calculating bike loan repayments](/finance-calculator) they may be less than when interest rates are higher. - At Jade Bike Loans, we offer pre-approved bike loans which is a great strategic move for anyone buying a bike. Essentially it is as it states – you apply and have your bike loan approved before you actually confirm your purchase. - Pre-approved finance gives you the confidence to proceed, with the knowledge that you know your budget and if negotiating with a seller, being able to finalise the purchase faster can be a useful bargaining chip. ## **Source a Cheap Bike Loan** - Just contact us and your Jade Bike Loans consultant will source you a cheap bike loan. - We have access to many banks and lenders and more choice means better options for you. ### **The Purchase Decision** - With all the prep done, now comes the fun part – browsing, inspecting, test-riding and making that all important purchase decision. - If buying online, make sure you follow good online buying practices. - If buying a used bike, always check the VIN, or ask your Jade Bike Loans consultant to assist with REVs and other checks. - Check warranties and guarantees and any ‘as is’ conditions of the sale. - If in doubt, engage a motor mechanic to give it a check. - If buying new – there are many great bike dealers and great manufacturers to select from. #### **Finalise the Deal** - Once you’ve chosen your bike, it’s time to finalise your finance and close the deal. - Contact your Jade Bike Loans consultant with the details of the bike and they will assist you with the paperwork to finalise the purchase. - Insurance – very important! There are many insurers that offer motorbike insurance and your Jade Bike Loans consultant can assist with that aspect also. - Once you’ve taken possession, don’t forget to change the rego if buying a used bike. And – ride safely! **If you’re ready to buy your first motorbike, call Jade Bike Loans at 1300 000 003 and have an initial discussion with one of our consultants**. **Categories:** Bike Loan Tips --- ### [Cheap Bike Loans Go Off-Road](https://www.jadebikeloans.com.au/blog/bike-loan-tips/cheap-bike-loans-go-off-road) **Published:** May 29, 2020 **Author:** Publisher **Content:** With coronavirus travel restrictions being lifted at gradually in some states and extensively in others, it’s time to grab a bike and head off for some fun. Off-road riding and motocross are very popular pursuits and there are many companies that offer organised adventure tours. If you don’t have an off-road bike but want to get into the action, good news – Jade offers cheap bike loans for the purchase of off-road bikes. So let’s take a quick look at what bikes are available. ## **Off-Road Bike Review** - [Yamaha](https://www.yamaha-motor.com.au/) is an iconic brand when it comes to off-road machines and they offer a number of ranges within that sector: Motocross, [Enduro](https://www.yamaha-motor.com.au/products/motorcycle/off-road/enduro), Fun, Agriculture and Adventure. The Motocross models range from the lightweight 125 to the big bore 450. In the Fun range, your choice starts with the 2 stroke PeeWee 50 and the electric TT-R50E or move up to the 110cc and 125cc models. If you’re planning off-road riding on your rural property, possibly the Agriculture range is your choice. The range includes a versatile 230, the workhorse 200F and the 125. - [Kawasaki](https://kawasaki.com.au/model-category/motorcycles/) also offers a great range of off-road motorcycle models to suit your choice of terrain – full-on outback or fun around the farm. There were a number of models released in 2020 from the 110 and 140 range through the classic 230s and 250s right up the [KLR650](https://kawasaki.com.au/shop/motorcycles/touring/klr650/). ### **Training and Tours** Off-road riding requires special skills compared with riding on the tarmac and with bikes – safety is paramount. It’s always advisable to enrol in a training course from an accredited training provider to upskill your riding capabilities to take on the terrain of your choice. Motorbike riding is not permitted just anywhere. If you’re travelling to publicly accessible areas such as National Parks, you’ll need to check with the [authorities](https://parks.des.qld.gov.au/parks/list.php?facility=84) as to what is allowed. Many regions have designated dirt bike trails so it’s worth checking them out. Tours are also available for weekends or weeks-long adventures in guided groups. A great way to explore new areas under the guidance of someone who really knows the area. ### **Cheap Bike Loans** What you will most likely need is a cheap bike loan to purchase that off-road machine. Jade Bike Loans provides loans for all types of bikes include dirt bikes with our signature best interest rates guarantee. Off-road riding includes plenty of freestyle moves and you want your bike loan to reflect your style with flexibility and conditions structured to suit you, not just the bank’s strict guidelines. Using the finance broker services of Jade Bike Loans gives you greater options and greater loan flexibility. The most popular loan is the [Secured Motorbike Loan](/secured-motorcycle-loans "Approved Motorcylce Loans") for personal bike purchases. A fairly standard format loan but with our Jade ‘way beyond standard’ service and features. - The lender uses the bike as security against the loan. If you default on your payments, they have the right to repossess the motorcycle. You don’t want that to happen so getting the monthly repayment level that suits you is critical. It’s very important that you discuss with your Jade consultant the amount you want for your monthly repayments so they can structure your bike loan accordingly. Consider all elements of your weekly or monthly expenses in relation to your income and project how that may change over the term of your loan. Don’t forget to factor in annual rego and insurance. - Some lenders do have maximum loan terms but your Jade consultant will be sourcing you the best deal. The longer the loan term the lower the repayments but it will take longer for you to own the bike outright but it may make the monthly hit more workable. If you can make higher repayments workable, the loan term will be shorter, you’ll pay less total interest on the loan and you’ll pay it out earlier. Your Jade consultant will explain the details of your [cheap motorcycle loan](/ "More information") and can source you the best deal from our large number of banks and lenders. But if you feel you need additional guidance we always advise people to seek independent financial advice. #### The Secured Bike Loan includes: - Jade’s cheap interest rates are fixed for the term of the loan - Fixed monthly repayments - Fixed loan term - Option to make additional payments by choice - Minimal break fees if you pay out the loan early If it’s time for you to go off-road, Jade is ready to get you sorted with a cheap bike loan. **To discuss a loan on an off-road motorcycle contact Jade Bike Loans and speak with one of our consultants. Call 1300 000 003** **Categories:** Bike Loan Tips --- ### [Uncovering the Fees, Charges and Other Bike Buying Expenses](https://www.jadebikeloans.com.au/blog/bike-loan-tips/uncovering-the-fees-charges-and-other-bike-buying-expenses) **Published:** June 8, 2020 **Author:** Publisher **Content:** If you’re in the market to buy a motorbike and source a great bike loan then it’s worth taking a few minutes to read this article and add to your knowledge bank on the fees, charges and other expenses you may encounter in the process. As well as being fully committed to [sourcing cheap bike loans for our customers](/blog/bike-loan-tips/cheap-bike-loans-go-off-road), we’re all extremely keen to educate and inform on all aspects around the consumer lending space so our customers can make fully informed decisions. We don’t recommend this information replace specific financial advice on your individual circumstance which you should seek from your financial advisor, but we hope it is helpful. We’re focussing on consumer finance, ie personal bike loans and explaining a range of costs, charges and fees and different terms associated with both buying a bike and taking out a loan. ## **Bike Loan Basics** In summary first, your bike loan includes the principal which is the amount you are borrowing; the interest charged on your bike loan; and fees and charges applied by the lender. These lender charges vary from lender to lender and across different loan categories and for individual applicants so we can’t quote specific amounts. What we can assure you is that your Jade Bike Loans consultant will be using the full strength of our bargaining power to negotiate both the [cheapest interest rate](https://www.jadebikeloans.com.au/motorbike-loan-interest-rates.php) and the lowest fees etc on your bike loan. If you’re going alone on organising your bike finance, then make sure you request a detailed quote so you can identify what you are being charged for each service. - Interest: this is charged on your bike loan according to the [Consumer Credit Code Act](https://www.legislation.gov.au/Details/C2017C00196). That states that interest be charged at a daily rate based on the daily balance and charged monthly to the loan. You can read more about Interest Rates, especially Comparison Interest Rates for consumer loans on our dedicated web pages. - Loan Application Fee: often also called a Loan Establishment Fee, this is a one-off charge made by the lender to cover the process of setting up your loan account etc. This is normal operating procedure and all banks and lenders will charge this fee unless otherwise stated. If you come across a ‘no loan establishment fee’ special deal, it is advisable to read the fine print. They may be charging more in monthly service fees or other hidden charges to compensate for this. - Monthly Fees: many lenders will charge a monthly service fee on loan accounts. You won’t see this as a separate cost each month as it will be compiled into your overall loan and will be included in your monthly repayment. - Default Charges: are charged when you miss a payment. These can be very annoying and can add up if you continue to default. Ensure you have sufficient funds in your bank account on the date your repayment is debited each month to avoid these charges. Defaults also impact negatively on your credit report. - Break Fees: refers to the fees charged when you pay a loan out earlier, ie before the agreed loan term. Unsecured Personal Loans usually attract no break fees as they are based on variable interest rates. [Secured Bike Loans](/secured-motorcycle-loans) are based on a fixed interest rate and attract minimal break fees. - Miscellaneous Charges: may be hiding in your loan contract. If you’re organising your loan through Jade, your consultant will explain all fees and charges to you. If you’re applying yourself, we advise you really take the time to read the contract closely. ## **Bike Buying Expenses** The price advertised for the bike you want looks great and is right in your doable zone. But wait, have you taken into account the extra costs involved? Here are a few to keep in mind, so you avoid any surprises:- Stamp duty: is charged in some states on new bike sales. Check your state transport department for details. Dealer delivery charges: usually apply to new bikes and may or may not also cover stamp duty and rego. Registration: with a new bike you’ll have to pay rego and on a second-hand bike you’ll have to pay the transfer of rego. Rego may be included in your bike loan but that will mean you will be paying interest on that amount. To avoid the interest, pay the rego separately. If buying through a dealer, question the individual costs including rego, and if you choose, pay it separately. Auction fees: will be charged by the auction fees based on the final purchase price. If you’re buying through an online auction platform such as eBay, the seller usually pays any fees. Insurance: will be required if you’re taking out a loan and always advisable, dependent on the value of the bike. Shop around as insurance is highly competitive and policies can vary in price and inclusions. ### **What expenses are incorporated in your bike loan repayments?** When sourcing your [motorbike finance](/) quote, your Jade consultant will give you a quote on monthly repayments which includes the interest and the lender fees and charges. In addition, if you choose to include the rego and say the first year of insurance in your loan amount, they too will be included. If you choose to pay them separately, they won’t be included. For more info, tips and hints on buying a bike and bike finance, browse our website and articles and stay informed! **To discuss a cheap motorbike** loan, call Jade Car Loans at **1300 000 003 and speak with one of our consultants.** **Categories:** Bike Loan Tips --- ### [Can I Pay Extra On My Motorbike Loan?](https://www.jadebikeloans.com.au/blog/bike-loan-tips/can-i-pay-extra-on-my-motorbike-loan) **Published:** June 10, 2020 **Author:** Publisher **Content:** This is a question we are often asked and there’s a simple answer and there is a more extensive discussion around the considerations you should take into account. The simple answer is YES. On most loans, especially personal bike loans, you can make extra payments. But wait…let’s talk about what costs may be involved, the impact early payments may have on your loan over the loan term and what alternative actions you may consider. ## **Cost Benefit Analysis** There are both costs and benefits associated with making extra payments on your bike loan. We can present the facts as they exist in theory, but it will be your personal decision as to whether it is the right course of action for your specific financial situation. If you feel you could benefit from expert financial advice [we always recommend people consult with their financial advisor](https://moneysmart.gov.au/financial-advice/choosing-a-financial-adviser) who will have a broader view of your individual situation. - Making extra payments, in addition to the scheduled monthly repayments is allowed for most loans, specifically we’ll focus on Secured Bike Loan and Unsecured Personal Loans. Both these loan types permit extra payments. - In regard to the practical side of actually making the payments – most monthly loan repayments are set up as direct debits from your bank account. In order to make additional payments, you would be advised to contact your lender and be given the banking details to make your additional payments and the correct code/reference number to use on such deposits. This would ensure that your extra payments are correctly deducted from your loan account. - By making extra payments you will pay off your loan earlier, that is, before the agreed upon loan term has expired. Depending on your loan type, paying out a loan early attracts break fees. These fees are charged by the lender when a loan is finalised early. - [Unsecured Personal Loans](/unsecured-personal-loans) usually have no break fees as they are established on a variable interest rate. So if you make additional payments and subsequently pay off your loan early, you should benefit from paying less interest. That is, you won’t be paying interest on the months/years that your loan has been shortened by through the extra payments and no break fees will be incurred. So it is a win for you scenario. - [Secured Bike Loans](/secured-motorcycle-loans) do attract break fees, though usually minimal. We cannot provide specific amounts as the fee may vary from lender to lender and will depend at what point in the loan term you finalise the loan. But a fee will be charged. - To find out exactly what the break fees will be at what point in your loan term, you can phone your lender and they will provide a ‘payout figure’. - Once you know what the fees or penalties for early payout will be, you can weigh up whether the interest you’ve saved balances the fees incurred. If your bike loan was established based on the current low interest rates, you may discover that there is very little financial benefit to paying out the loan early. - On the other hand – if you have additional funds, that is the money you intend to make the extra payments with, how would you use those funds for other purposes? This is the type of issue that your financial advisor will discuss with you. ### **Loan Structure Considerations** The thought process around making extra payments on your bike loan can and possibly should, be started when you first arrange your loan with [Jade Bike Loans](/). As a finance broker, your consultant has the experience to structure your loan to suit your individual requirements. When you apply for a loan, most of the discussion centres on your current financial situation. You could also take into consideration your anticipated future prospects. If you feel your income or financial capabilities will increase at some stage of your loan, perhaps you may consider opting for a higher monthly repayment. Early pain for long term gain. You pay more per month but pay less total interest, your loan term is shorter and if you complete the full loan term, no break fees will apply. One of the many great benefits of using a finance broker such as Jade to arrange your loan is this flexibility and our proactive approach, to structuring loans to specifically suit our individual customers. When you approach the bank or a finance company yourself, you are often told, not asked, what the repayment amounts and loan terms will be, according to their guidelines. With Jade, we work differently. We put our customer at the centre of the conversation and work in their best interests to achieve the best bike loan possible. We hope this has given you the information to answer your question and helpful information to assist with your bike loan. For more info, tips and hints around bike loans, please browse our website and articles. If you’re ready to move on arranging a motorbike loan, contact us at 1300 000 003 and discuss a cheap motorbike **loan with one of our consultants.** **Categories:** Bike Loan Tips --- ### [What Responsible Lender Guidelines Mean for Your Motorbike Loan](https://www.jadebikeloans.com.au/blog/bike-loan-tips/what-responsible-lender-guidelines-mean-for-your-motorbike-loan) **Published:** June 19, 2020 **Author:** Publisher **Content:** When sourcing a bike loan or even making a general enquiry, you will want to be as well-informed as possible to fully understand your consumer rights and responsibilities of the lender in providing you with the required information. In this educational article, we are providing much of that information around the regulations, obligations and [legislation involved with consumer finance](https://asic.gov.au/regulatory-resources/credit/credit-regulation-background/). Jade Bike Loans consistently emphasises the streamlined way that we provide bike loans and how we save our customers time. But we fully understand that some people may consider that we ask for a lot of information from them, provide a lot of information and that the process is quite detailed. That can be correct. But the reason we are so thorough and diligent is because we are addressing your best interests and there is a specific process and requirements that we are required to comply with under the law. As a licenced finance broker, we are categorised as a credit licensee and as such, required to comply with the [National Consumer Credit Protection Act 2009](https://www.legislation.gov.au/Details/C2017C00196) in regard to the responsible lending obligations and conduct. This comes under the auspices of ASIC, Australian Securities and Investment Commission, the official financial regulator. These regulations affect anyone who is engaging with a consumer finance provider, including bike loans. We’ve unpacked the information from the ASIC website and presented it in a way that we hope you can follow and that it will assist you in your bike loan process. The information extends to some of your rights, what Jade Bike Loans is required to provide you with and a deep dive into our obligations to you under the Responsible Lending Guidelines. ## **ASIC: The Official Regulator** ASIC is the Government body that is assigned as the official regulator of the financial services sector including consumer finance, and the activities of corporations and companies. Personal bike loans are consumer loans and guidelines around that type of finance are administered by ASIC under the National Consumer Credit Protection Act. The ACT sets the guidelines and the [obligations that licenced credit lenders, such as Jade](https://asic.gov.au/for-finance-professionals/credit-licensees/) and including banks and other finance companies must adhere to. Failure to abide by the law, ie misconduct, can attract significant penalties. So if at any stage of your Jade Bike Loans process you think this is involved – remember that your consultant is working to the letter of the law as well as addressing your best interests. ## **Guidelines for Responsible Lenders** Every business and individual person who provides consumer finance services is required to be licenced according to ASIC requirements. This category is referred to as credit licensees in the official documents and information. Credit licensees include finance brokers, finance companies and banks. The Jade credit licence number is ACL 484387. In order to regulate the sector and especially to safeguard consumers, ASIC has strict guidelines that licensees, including Jade Bike Loans, must follow stringently. Credit licensees must comply with the Responsible Lending Conduct Obligations as set out in the Act. In order to comply, credit licenses must establish their individual operating procedures and practices which meet those obligations. One of, if not, the key obligations is that a credit licensee must not offer a bike loan to a customer, ie enter into a credit contract; or suggest such a credit contract; or help a customer to make application for a credit contact; if that contract is assessed as being unsuitable for that particular customer. Basically, Jade Bike Loans cannot under any circumstances offer you a bike that loan that is considered through the assessment process, to be unsuitable for you. In order to comply with that key obligation, credit licensees, specially talking here about Jade Bike Loans, must develop their own set of processes, practices and protocols to ensure compliance. We need to have our stringent processes that all our consultants must follow, to ensure that the bike loan we offer to a customer is not unsuitable. ## **Obligations of Lenders** We’re providing detail of the obligations of lenders so that you will have a better understanding of the entire bike loan process and appreciate the diligent work of our consultants to safeguard your interests. The specific obligations are set out by ASIC and fall into two key areas: 1. Setting up and stringently implementing definitive processes and practices for verifying, checking and assessing the financial situation of a customer’s suitability to a specific bike loan. 2. Disclosing specific information and documentation to the customers so they can understand the services being provided, the costs involved and the specific detail of a loan contract. Now for the details of these two areas. ## **Jade’s Responsible Approach** As required by the ASIC ruling and the Act, Jade has established and implemented a Responsible Lending Flow Sheet that meets our obligations under the [consumer finance law as responsible lenders](https://asic.gov.au/regulatory-resources/credit/responsible-lending/). This Flow Sheet is a staged process that our consultants follow diligently when discussing or processing a customer’s bike loan request. - The flow sheet, in sequential order of the steps undertaken, is: - Credit Guide provided to every customer. Consultants must issue a copy of the official Credit Guide to every person they engage with in discussions around finance. The consultant retains a record of what was sent as confirmation that this step was completed. - Credit quotes must include a signature where a DOF is proposed. This must form part of the application submission. - The customer must sign the privacy statements as Jade’s confirmation that the consultant has advised you of issues involved in the sharing of the information you provide with lenders. - A detailed credit check is undertaken which involves the verification of address; checking the customer’s credit score and credit history, and checking the history of directorships. - A Financial Capacity Check is undertaken which involves verifying information provided by the customer in regard to their financial situation. - A verbal check of living expenses is conducted. This enables the consultant to confirm that the entirety of living expenses has been advised. To confirm that the expenses were discussed and to confirm the expenses themselves, a copy of this document is issued to the customer. - A ‘Pre Lim’ is completed by the consultant. This is a document that confirms that the needs of the customers are being reviewed by that consultant. - A Credit Proposal is developed and issued to the customer. This document contains information regarding how that consultant is proceeding with that enquiry or that application; it details the total amount of the loan; the repayment schedule proposed; and additional details regarding that bike loan. - In an instance that a customer requests a balloon be included in a bike loan, the consultant is required to enquire of the customer, how they intend to finalise this amount at the due time. - The consultant is required to retain thorough detailed notes of every step in the process. The details must include the timeline of interactions including the date. The flow sheet ensures that not only are our Jade Bike Loans consultants meeting the responsible lender obligations but it is your assurance that your best interests are addressed ethically and in a lawful manner. ## **Obligations of Disclosure** An essential component of the responsible lender regulations is related to the disclosure of information to the customer. This applies to all customers who contact Jade Bike Loans, whether making a simple enquiry or proceeding through the entire application process. ASIC details what specific information, ie documents, lenders must provide to customers in its Responsible Lending Disclosure Obligations section. The documents have been selected as considered essential for customers to have the information needed to understand what credit activities are provided by Jade Bike Loans. Under the obligations, information must also be provided pertaining to a customer’s rights, to help them understand any contract or offers being made and to assist them in making decisions. Disclosure information includes:- Credit Guide: a preliminary document with information about consumer credit in general. Quote of Service: this document is provided to outline the fees and costs of the services intended to be charged to that customer by that particular credit licensee. This quote must be accepted with the customer’s signature before the loan process can continue. Proposal Document: information with the costs inclusive of any commissions which may be derived by the credit licensee. Written Assessment: when a loan is assessed as unsuitable for a customer, a written assessment must be provided to that customer ### **Jade’s Commitment to Customers** It’s one thing to have to act in a responsible manner under the law. But [Jade Bike Loans](/) goes that extra step in making the commitment to customers that we will act in their best interests in an ethical, responsible and professional manner. Armed with this very comprehensive information, you are hopefully more knowledgeable on consumer finance and if you are seeking quotes or engaging with other banks and lenders, you know the questions to ask to ensure they are compliant as a responsible credit licensee. **If you have any questions around any aspects of consumer finance, please contact Jade Bike Loans and one of our consultants will assist you. Call 1300 000 003** **Categories:** Bike Loan Tips --- ### [Secured or Unsecured - Which is the best motorbike loan?](https://www.jadebikeloans.com.au/blog/bike-loan-tips/secured-or-unsecured-which-is-the-best-motorbike-loan) **Published:** June 19, 2020 **Author:** Publisher **Content:** If you’re in the market for a loan to purchase a motorbike for your personal use, as opposed to purchasing a bike for use in your business, the options for personal bike loans are a Secured Bike Loan and an Unsecured Personal Loan. Secured or unsecured, which is the best bike loan? Good question but the answer is not quite as simple as choosing one or the other. There are a range of factors to consider including the features of each loan, the benefit or suitability to you of the loan elements, details around the bike you’re buying, and the offer on each type of loan that a lender may make you, but most importantly your own individual situation and requirements. At [Jade Bike Loans](/) we handle each personal bike loan individually to ensure the loan offer we source is specifically suited to that customer. So offering a generic ‘secured v unsecured, which is best’ conclusion is not realistic. But what we can do is provide a detailed explanation of the features and perceived benefits of each loan type and possible case study style scenarios as ‘thinking points’ to assist you in making your decisions. ## **Personal Bike Loan Types** When discussing your bike loan requirements with your Jade Bike Loans consultant, you may be offered either a Secured Bike Loan or an Unsecured Personal Loan. - The two loan types have some similar features and some entirely different features. - A Secured Bike Loan is the most commonly used type of motorcycle loan. - With a secured loan, the lender will use the bike as the security or guarantee against the loan. If the borrower defaults on payments, the lender holds the right to repossess the bike to recover monies owed. - With an unsecured personal loan, no security is offered. This automatically raises the question – why would a borrower not offer the bike as security? We cover this further later in the article but the reasons may include: the condition/age/type of the bike as some lenders may not accept older models or specific types of motorcycles as security. More on that issue to come. - As there is no security available for a [personal unsecured loan](/unsecured-personal-loans), this type of loan is priced higher by the lenders as compared with a similar secured loan. This higher price reflects the higher risk if the borrower defaults on the loan, the lender does not have security to repossess to recoup any monies owed. - This higher pricing is reflected in the interest rate – the unsecured loan attracts a higher interest rate than a secured loan. - Secured bike loans have a fixed interest rate and unsecured personal loans are based on a variable interest rate. - A fixed interest rate means the rate is fixed for the entire term of the loan so the total amount of the loan and the interest payable on the loan is fixed and known. A variable interest rate does just that – varies with the financial markets. Over the term of the loan, the interest rate may increase or decrease. As such the total interest payable on the loan over the loan term is not known or fixed. - Combining the higher interest rate and the variable interest rate factors, the unsecured loan will, in most cases have a larger total interest payable over the same term as a secured loan. - When you request a bike loan with Jade Bike Loans, you are assured that fixed or variable, the interest rate on your bike loan will be at the [cheapest interest rates](/motorbike-loan-interest-rates) possible – it’s our signature move! - Secured and unsecured both feature a fixed loan term and fixed monthly repayments. - Extra payments are permitted with both types of loans. - If you payout a secured loan before the end of the agreed loan term, break fees will apply. These fees are usually considered minimal. - If you payout an unsecured loan before the end of the agreed loan term, no break fees will apply. This feature reflects the higher pricing and higher interest rate of this loan type. For full explainers on Secured Bike Loans and Unsecured Personal Loans, head to the web pages we have dedicated to these loans. ## **Decision-making Thinking Points** Your Jade Bike Loans consultant can lay out the factual features of each loan and you are advised to seek independent financial advice in regard to your individual financial situation as the final decision is yours. Here are some ‘thinking points’ for you… - The lender may make the decision for you as they may not accept the bike you are purchasing as suitable security. Some older bikes or unique, custom models may fall into this category. - If the bike you’re buying is a restoration project you may not wish to offer it as security as you may be intending to significantly increase its value with the restoration. As the loan term rolls out, the value of the restored bike may increase in value. If you’ve put all that love and effort into the bike resto, you may not want to offer it as security! - If you choose to pay a large deposit on your bike purchase and as such the loan represents a smaller portion of the overall value of the bike, you may not wish to offer the entire bike as security. - If you anticipate that you will be highly likely to pay out the loan before the end of the loan term, eg anticipating you will be in that position, the unsecured loan with no break fees may offer a financial benefit. - If you need 100% certainty about the total cost of your loan over the entire term, the secured loan has a fixed interest rate and fixed elements. You don’t have to make the decision upfront. You are welcome to start the bike loan discussion with a Jade Bikes Loan consultant and possibly request a quote on both loan types. **To discuss either a secured or unsecured loan for your bike, please contact Jade Bike Loans and one of our consultants will assist you. Call 1300 000 003** **Categories:** Bike Loan Tips --- ### [Second Chance Motorcycle Loans](https://www.jadebikeloans.com.au/blog/bike-loan-tips/second-chance-motorcycle-loans) **Published:** June 25, 2020 **Author:** Publisher **Content:** Due to the impact of the coronavirus, the past few months have been challenging on many fronts including for the lending sector of the finance industry. People who have wanted a bike loan have missed out. We’ve been motivated by a recent media article to reach out to those who have been rejected for a motorcycle loan and suggest you revisit your bike buying plans with a discussion as to how [Jade Bike Loans](/) may be able to assist you. The media item that prompted us to post this article specifically related to new car dealers and how some of their customers, with seemingly acceptable credit profiles, were rejected for car loans during the COVID-19 crisis. They had buyers but couldn’t get them over the line and convert them into sales. While this article specifically related to the motor vehicle sector, we presume similar scenarios were playing out in motorcycle showrooms across Australia. As a prominent finance broker in both the car loans and bike loans areas, we appreciate the frustrations experienced on both the seller and buyer side of this situation. If you are in this position and were recently unsuccessful when you applied to a bank or finance company for a bike loan, we invite you to contact us to discuss how we, as brokers, can assist you. ## **Understanding the Situation** To put recent events you may have experienced in perspective, we offer an explainer of some key issues. - While we feel for all car and motorcycle dealers that lose a sale because the buyer is unable to access finance, we note that it is not their role to assess the suitability of an individual for a bike loan. We acknowledge the experience that many have in their field and the many customers they have assisted. Many would definitely have a handle on bike finance. - However, as we detailed in another article, the role of lenders, credit licensees, is overseen by ASIC under the [Responsible Lender Regulations](https://asic.gov.au/regulatory-resources/credit/responsible-lending/) which are legislated via the National Consumer Credit Protection Act 2009. One of THE main aspects of this is that a credit licensee is not permitted to even make an offer of a loan to a customer if that loan is assessed as unsuitable for that person. There are very strict processes in place that lenders must follow in assessing an individual’s suitability for a loan under the law. - As far as the banks and lenders being in a position to extend credit during the COVID-19 crisis, we have posted a number of articles around this topic. We especially noted that early in the crisis, when banks were hit hard by people requesting deferrals and the Government called on the banks to essentially support business with loans, we did observe a tightening in lending. - A lot was happening very quickly and like a lot of businesses, the finance sector may have needed to time assess the situation. But fortunately, the situation has settled so if you were unsuccessful previously, give us a call, as the situation may be different now. - The emergence of JobKeeper threw a bit of a spanner in the works in terms of loan applications. While people on the scheme were not technically ‘unemployed’, they were not all working. Many were ‘stood down’ which placed them in an unusual category for assessment in regard to a loan. If you applied for a bike loan while you were stood down and on JobKeeper but now your employer’s business has reopened and you’re back at work, your application may be viewed differently. If you relate to any of these scenarios and were unsuccessful in getting a motorbike loan through a bank or finance company is say March-May 2020, then speak to us about a second chance bike loan. ## **How can Jade Bike Loans assist you?** - We may be able to assist by giving you a second chance at the bike loan you want to finalise your motorcycle purchase. - As businesses are reopening and the economy moving into recovery stage, yes Australia is officially in a recession, but lending has eased back to more normal operation as opposed to the conditions which prevailed early in the COVID-19 crisis period. However, before you go off and just re-submit your application to the same bank or lender – making multiple applications for the same loan may have a negative effect on your credit profile. If you use the finance broker services of Jade Bike Loans, we are in a position to approach multiple lenders on your behalf without the process affecting your credit profile. - Jade Bike Loans is accredited with many banks and lenders including industry-only sources. So we’re not limited to just using the major banks. If you had previously been unsuccessful with a bank, then give Jade the chance to give you a second chance through another of our lenders. - Banks must meet their only strict guidelines in assessing loan applications. As an experienced broker, we have greater flexibility to negotiate with other lenders on behalf of our customers. - We have strong bargaining power as we write a good amount of motorcycle loan business with key lenders. Jade Bike Loans can source cheap motorbike loans at the best interest rates for both private buyers with Secured Bike Loans and for riders that are buying their bike for use in their business with the full range of commercial finance products. **To discuss a second chance motorbike loan contact Jade Bike Loans at 1300 000 003** DISCLAIMER: THIS INFORMATION HAS BEEN PROVIDED *AS GENERAL MATERIAL FOR YOUR CONSIDERATION. INFORMATION IN REGARD TO GOVERNMENT POLICIES IS SOURCED FROM OFFICIAL AUSTRALIAN GOVERNMENT SOURCES. NO LIABILITY IS ACCEPTED FOR ERRORS IN PRESENTATION OR IN THE INTERPRETATION OF FACTS OR THE COMMENTARY AND ANALYSIS OF INFORMATION WHICH IS AVAILABLE IN THE PUBLIC DOMAIN. INDIVIDUALS ARE ADVISED TO CONSULT WITH THEIR FINANCIAL ADVISOR OR ACCOUNTANT FOR SPECIFIC ADVICE REGARDING THEIR INDIVIDUAL SITUATION.* **Categories:** Bike Loan Tips --- ### [5 Things You Need to Know about Defaults](https://www.jadebikeloans.com.au/blog/bike-loan-tips/5-things-you-need-to-know-about-defaults) **Published:** July 1, 2020 **Author:** Publisher **Content:** Buying a bike is an exciting experience. But taking out a [bike loan](/) needs your full attention. You need to be fully across the detail and understand all possible outcomes and implications especially if you miss a payment – that is, if you default on your loan. As your finance broker, Jade Bike Loans is required by law to provide you with specific information on consumer loans under the [National Consumer Credit Protection Act](https://www.legislation.gov.au/Details/C2020C00105) and your consultant will explain all aspects of your bike loan offer. A key issue is around loan defaults and late payments – what happens if you miss a payment or several payments. We address 5 key questions in this article around bike loan defaults. ## **What is a bike loan default?** To default on your bike loan means to miss repayments for 60 days. Defaulting on payments also applies to credit cards, your mobile bill, power bill and other loans and provider bills. Missed payments which are rectified in 14 days are considered Late Payments and still attract a fee and may impact your credit score. Your Jade Bike Loans consultant will have arranged your bike loan with equal monthly repayments which are due for payment on a set date each month. If you do not make a payment by the due date for more than 60 days, it becomes a loan default. How each lender addresses loan defaults will depend on their individual guidelines but there are guidelines and protocols under consumer law. If you make the payment after the due date, eg a few days later and within 14 days, this would be classified as a Late Payment. 60 days is the timeframe nominated to trigger loan default. Loan defaults which are not rectified by the borrower can attract action from the lender and serious implications for the borrower. ## **How does a loan default work?** - Most loan repayments are set up as an automatic direct debit from the borrower’s nominated bank account. - In the process of arranging your bike loan, your Jade consultant will have you complete a form which gives the lender authority to deduct the fixed amount of your bike repayment on the set date each month from your account. - A default occurs when the lender attempts to deduct the funds from your account and there are insufficient funds in the account to cover the repayment and the monies are not paid for 60 days. - It is the borrower’s responsibility to ensure the required funds are in their account on the set date each month. - If you change your bank account, it is the borrower’s responsibility to advise a lender of the change and set up a new direct debit authority. - Lenders must report defaults and late payments via the [Credit Reporting System](https://www.oaic.gov.au/privacy/the-privacy-act/credit-reporting/) and the default will be noted on your Credit Report and this may have negative impacts on your prospects for securing credit in the future. ## **What happens with a loan default?** The end game to a default is – with a [Secured Bike Loan](/secured-motorcycle-loans) which is the most commonly used type of loan for motorcycle purchases, you agree that you offer the motorbike as security against the loan. In doing so, the lender has the right to repossess the bike if you default on your loan payments. The short game – if you rectify the default promptly by depositing the correct amount in the bank account, contacting the lender to discuss and have the monies debited, you may be charged a late payment fee. Default fees for bike loans will vary from lender to lender. When arranging your Jade bike loan your consultant will advise of these fees. For an idea of how much these fees are, you can check a bank website and they usually itemise all fees associated with loans. The lender will likely contact you relatively immediately after you have missed a payment and may suggest a range of actions that you can take to rectify the situation. DON’T IGNORE THESE MESSAGES – ACT QUICKLY AND GET IT SORTED! The lender will report the default and it will appear on your Credit Report and impact your Credit Score. ## **If I default, will I have my bike repossessed?** In short, yes, that is possible. As noted above, a Secured Bike Loan provides the motorcycle as security against the loan. If you miss your payments, the lender is well within their rights, after following the credit law protocols, to repossess your bike to recover the money you owe. ## **Tips to Avoid Loan Defaults** - The most important issue to avoid missing your bike repayments and defaulting on your loan is to ensure you have the required amount of money in your account on the set date every month. - Watch your spending so your bank balance doesn’t dip below the repayment amount. - If you are experiencing financial problems and/or your circumstances or your bank account details have changed, contact your lender to discuss the options. - If you have ongoing financial challenges, you may choose to consult with a professional financial advisor for direction and advice. Loan defaults are an important matter as the risk involves the possibility of having your bike repossessed and impacting your credit score. The simplest way to avoid defaulting on your bike loan is to ensure you have sufficient funds in your nominated account on the date each month that the repayment is due. For more information on motorbike loans, read more of our articles or speak with a Jade Bike Loans consultant at **1300 000 003** **Categories:** Bike Loan Tips --- ### [What’s the difference between a finance broker and a financial advisor?](https://www.jadebikeloans.com.au/blog/bike-loan-tips/whats-the-difference-between-a-finance-broker-and-a-financial-advisor) **Published:** July 7, 2020 **Author:** Publisher **Content:** Good question and thanks for asking. We’re always keen to educate and inform our customers as it is very important that you understand all aspects of the motorbike loan process. In many places through our written information and verbally in discussions with our consultants, you will hear or read *‘we advise you to consult with your financial advisor*’. So we’re not surprised that some people would think – you’re the people organising my bike loan, why do I need to consult with someone else? Why can’t you advise me? The answer partly lies in the laws which govern the financial sector, especially consumer finance and partially in the definition and responsibilities of each role. We’re providing an overview and definition of the role of the finance broker and the financial advisor; highlighting the similarities and differences of each role; and under what circumstances you may benefit from using their services. ## **What you need to know** - Jade Bike Loans is a licensed finance broker. That means we have an [Australian Credit License issued by ASIC which qualifies us as a credit licensee](https://asic.gov.au/for-finance-professionals/credit-licensees/). As we covered in another article, there are strict guidelines as to what a credit licensee can and cannot do in regard to consumer credit. - In addition to our ASIC license, Jade is also a member of the FBAA (Finance Brokers Association of Australia) and we abide by the [FBAA Code of Conduct](https://www.fbaa.com.au/about/governance/). - The role of the finance broker is to source loan options on behalf of clients and negotiate with lenders on behalf of clients. - The finance broker has expertise and in-depth knowledge of loans and business finance options. - Professional finance brokers are accredited with banks and other lenders which provides them with access to the loans provided by those organisations and the approval to negotiate with the organisations on behalf of clients. - Our consultants will source the loans which best meet the requirements of our customers, as per the details provided to us. This information will not necessarily include specific and in-depth details in regard to the accounting system used by the customer or other individual financial aspects. - In our material when we refer to *“you should consult with your financial advisor or accountant”* this is, in some instances, a general reference to referring to a third party for guidance and advice. - Financial advisor in the general reference we make, could be an accountant, solicitor or a qualified financial advisor, known in some roles as a financial planner. In fact, any professional who has the qualifications and certifications to advise you on managing your finances, can be considered a financial advisor. - With business finance it is important for a customer to refer to their accountant in deciding which form of commercial finance – Chattel Mortgage, CHP, Leasing – is best suited to their business structure. These finance types have differing benefits and suitability in regard to the accounting method used, treatment of tax and GST, balance sheet and depreciation. The accountant is best-placed to provide advice on these aspects. - With consumer finance, that is personal loans, an individual may not engage the services of an accountant. They may choose to consult with other parties in regard to advice on their individual finance circumstances. - The title of Financial Advisor can be used to describe a range of roles but to be certified to advise in certain areas, an advisor must hold an AFS licence – an Australian Financial Services licence. - The term Financial Advisor can be used to describe Financial Planners. A Financial Planner is tasked with assisting individuals to manage their money and in most cases, build wealth. In order to advise and sell wealth products to individuals, financial planners must be certified. Certification involves undergoing a certain level of education and training. Refer to fpa.com.au - Financial Planners typically advise on long-term wealth building including superannuation and investments. - For information on the different certifications for financial professionals and to ensure that the people you are consulting with have the appropriate credentials to provide you with advice, refer to ## **The Role of Your Jade Broker** The role of your Jade Bike Loans broker is to source you the [cheapest bike loan](/) that best suits your requirements. Your consultant will listen to your briefing which should include details of the bike you are purchasing or intend to purchase if discussing a pre-approved loan; an indication of the monthly repayment amount that you would like to achieve; and other relevant details that will assist the consultant in sourcing your loan. In completing your loan application, specific information around your financial position will be requested. The lender will then assess this information in regard to their individual guidelines and make an offer for your loan. Your Jade broker may seek numerous quotes for your loan from our large number of accredited lenders to source the cheapest and best offer that meets your criteria. The consultant will present you with the quote and THEN it is your decision to accept or not accept the offer. It is at this point that you may choose to consult with a financial advisor for their advice and/or provide you with the confidence and support that you are making the right decision. The benefits of engaging the services of Jade Bike Loans as your finance broker include:- - Large number of lending sources, meaning more choices to source you the cheapest bike loan. - Provide assistance with the paperwork to streamline the process. - Save you time and hassle in sourcing a great bike loan. We hope that has clarified the differences between a finance broker and a financial advisor and if you have any other questions around bike loans or consumer finance, please get in touch for more information. **To discuss a cheap bike loan speak with a Jade Bike Loans consultant 1300 000 003** *DISCLAIMER: THE INFORMATION PROVIDED IS FOR GENERAL CONSIDERATION. ANY REFERENCE TO OFFICIAL GOVERNMENT POLICIES HAS BEEN SOURCED FROM AUSTRALIAN GOVERNMENT AND STATE GOVERNMENT SOURCES. INFORMATION ON INDIVIDUAL VEHICLE SPECS IS SOURCED FROM THE MANUFACTURER WEBSITE. NO LIABILITY IS ACCEPTED FOR ANY ERRORS IN PRESENTATION OR INTERPRETATION OF THE FACTS AS PROVIDED BY THESE SOURCES. WE ADVISE ALL INDIVIDUALS AND BUSINESSES TO REFER TO THEIR ACCOUNTANT OR FINANCIAL ADVISOR FOR PROFESSIONAL ADVICE SPECIFIC TO THEIR INDIVIDUAL CIRCUMSTANCES.* **Categories:** Bike Loan Tips --- ### [Can I finance a motorbike through my business?](https://www.jadebikeloans.com.au/blog/bike-loan-tips/can-i-finance-a-motorbike-through-my-business) **Published:** July 11, 2020 **Author:** Publisher **Content:** With cities becoming increasingly congested, car parking becoming increasingly rare and/or expensive and coronavirus causing many people to ditch public transport, business people are considering purchasing a motorbike rather than a car as their business vehicle. Motorbikes have long been a choice of vehicle for metro couriers that specialise in document and small package deliveries. Due to the demand for home deliveries brought on by the coronavirus pandemic, some businesses have set up their own delivery services. With small packages including food to deliver, motorbikes can be a practical alternative to a car as a business delivery vehicle. Motorcycle hire and rental businesses are also eligible for business finance when purchasing new machines for their hire fleet. Manufacturers offer a range of motorcycle models which are ideal for urban commuting, are easy to find parking for and are much easier on the back pocket at the bowser. The range of smaller bikes and scooters may be worth you checking out if a bike for business is in your sights. If you are purchasing a motorbike for your work purposes and you have a company structure or operate as a sole trader with an ABN, [Jade Bike Loans](/) can source you motorbike business finance. Whether you’re considering one bike or an entire fleet of machines, Jade Bike Loans will source you the best bike finance deal. ## **Eligible Businesses** A range of business and corporate structures and entities are eligible for business finance, subject to acceptance of individual loan applications by our individual lenders. - Small businesses - Sole traders – ABN holder - SMEs - Companies - Large corporations ## **Business Finance for Motorbikes** Jade Bike Loans offers a comprehensive range of commercial finance products for the purchase of motorbikes for business. These finance facilities differ in regard to suitability to either the cash accounting method or the accruals method; treatment of GST; tax deductibility of the loan elements; balance sheet entry; and depreciation. Business owners should refer to their accountant as to which commercial finance type is best suited to their business structure and will work with their financial objectives. ## **Finance Types** ### **Chattel Mortgage** - This is a very popular form of commercial finance as it suits many businesses that use the cash accounting method. - The lender uses the motorcycle as security against the loan. - The borrower takes ownership of the bike and is responsible for all ongoing costs. - GST on the purchase price is claimable on the next BAS. - GST is not charged or claimable on the monthly repayments. - GST is charged and claimable on fees and charges. - Only the interest on the monthly repayments is tax deductible. - Balloon is optional. - [Depreciation according to ATO guidelines](https://www.ato.gov.au/Business/Depreciation-and-capital-expenses-and-allowances/General-depreciation-rules---capital-allowances/) - No deposit is usually required by the lender, subject to individual circumstances. ### **Motorcycle Leasing** - An off-balance sheet finance facility where the lender retains ownership and leases the bike back to the borrower. - The bike appears on the balance sheet of the lender, not the borrower. - GST is charged and claimable on the lease payments but not the interest component. - The monthly repayments are tax deductible as an operating expense. - A residual is optional. - Depreciation is according to ATO guidelines. - No deposit is usually required by the lender, subject to individual circumstances. ### **Commercial Hire Purchase (CHP)** - The lender effectively purchases the bike and hires it back to the borrower. - The borrower has full use of the bike during the loan term and is responsible for all ongoing costs. - GST on the purchase price is claimable on the next BAS. - GST is not charged or claimable on the monthly repayments. - GST is charged and claimable on fees and charges. - Only the interest on the monthly repayments is tax deductible. - Balloon is optional. - Depreciation according to ATO guidelines - No deposit is usually required by the lender, subject to individual circumstances. ### **ABN Only Bike Loans** For businesses that have an ABN but very little documentation, an ABN Bike Loan may be a possibility. This is a type of Low Docs loan. - Current ABN is essential. - Proof of identification is essential. - GST status must be advised. If an ABN holder is not registered for GST, additional conditions may be applied by the lender. - Where available, financial information such as BAS statements, bank statements and accounts records should be provided. - Newly acquired ABN holders may be required to pay a deposit if no additional security is available. - ABN-only loans can apply to Chattel Mortgage, Leasing and CHP finance. ## **All Jade Bike Finance Deals include:-** - Our cheap and best interest rates fixed for the term of the loan - Fixed Loan Term - Fixed Monthly Repayments - Terms and conditions of the loan are individually negotiated by your Jade consultant to best meet your requirements. If you’re a business entity that needs to purchase one bike for work purposes or an entire fleet for your operation, Jade Bike Loans will source you a quote for your choice of commercial finance facilities. **To discuss cheap bike business finance speak with a Jade Bike Loans consultant at 1300 000 003** *DISCLAIMER: THE INFORMATION PROVIDED IS FOR GENERAL CONSIDERATION. ANY REFERENCE TO OFFICIAL GOVERNMENT POLICIES HAS BEEN SOURCED FROM AUSTRALIAN GOVERNMENT AND STATE GOVERNMENT SOURCES. INFORMATION ON INDIVIDUAL VEHICLE SPECS IS SOURCED FROM THE MANUFACTURER WEBSITE. NO LIABILITY IS ACCEPTED FOR ANY ERRORS IN THE PRESENTATION OR INTERPRETATION OF THE FACTS AS PROVIDED BY THESE SOURCES. WE ADVISE ALL INDIVIDUALS AND BUSINESSES TO REFER TO THEIR ACCOUNTANT OR FINANCIAL ADVISOR FOR PROFESSIONAL ADVICE SPECIFIC TO THEIR INDIVIDUAL CIRCUMSTANCES.* **Categories:** Bike Loan Tips --- ### [Yes, You Can Ask That: Bike Loans 101](https://www.jadebikeloans.com.au/blog/bike-loan-tips/yes-you-can-ask-that-bike-loans-101) **Published:** July 22, 2020 **Author:** Publisher **Content:** - Maybe your motorbike purchase is your first major life purchase and the first time you’ve applied for a loan and you’re doing your research. - Possibly, this current motorcycle buy may be one of many you’ve acquired over a long obsession (well perhaps attachment) the adrenaline derived from 2 wheels but you still have queries around bike loans. - Perhaps you’ve never organised a motorbike loan through a finance broker and want to clear a few reservations. - Or maybe you just want to know more about what’s involved in getting a loan for a motorcycle without having to call up and ask someone. Whatever the reason you want to know more, [Jade B](https://www.jadebikeloans.com.au/)[i](/)[ke Loans](https://www.jadebikeloans.com.au/) welcomes your questions no matter how basic they may be. We’ve answered plenty of questions over the many years that we’ve been providing bike-riding devotees with cheap bike loans to follow their 2 wheel dreams. We’ve collated a collection of commonly asked questions, with a particular focus on younger riders and first bike loaners. ## **Finance broker sounds like something for older people and businesses. I’m only young, can I still use a finance broker?** - That’s an easy one to start with and the answer is YES. Our finance broker services are available to individuals for personal loans and to businesses. Consumer loans and business finance have different loan types but Jade Bike Loans handles both loan categories. ## **How old do you have to be to get a loan for a motorbike?** - In Australia, personal must be aged 18 and over to enter into a lending contract alone. Often a parent, guardian or older sibling may go guarantor for those under 18 seeking a loan. - Individual lenders do have their own guidelines in regard to loans for those in the younger, 18-21 year old age group and your Jade consultant will seek the appropriate and best loan to suit your specific requirements. ## **I’ve only recently started working full-time, can I get a bike loan?** - Every bike loan is considered on the basis of meeting the individual application guidelines of individual lenders. - As professional [motorbike finance brokers](/broker), Jade Bike Loans is accredited with many banks and lenders so we know which lender will best suit your requirements. - Having a good employment record is a positive in any loan application. ## **Friends are saying I should just apply for a bike loan from the bank online. Isn’t that a simple process without using a broker?** - For some applicants, applying for a loan from a bank through their online process can be a straightforward process, for others that don’t meet the stringent bank requirements it can pose challenges. - Jade Bike Loans offers a very simple and straightforward loan process which we consider delivers a better outcome in most instances than borrowers approaching a lender directly. - It only takes one phone call to Jade to get the process started and we handle the hard work for you – sourcing you the best offer from across our vast lending panel. - Due to our strong bargaining power we very often achieve a much better interest rate than the banks are advertising and a lower interest rate means lower monthly repayments. ## **The motorcycle dealer is offering me a good bike loan. Shouldn’t I just sign up for that? Seems like a convenient process.** - Sounds easy but it may cost you more in the long run, as in over the term of your loan. - Finance arranged or referred by dealers can often include higher fees and charges and in some cases referral commissions. Costs that your Jade consultant may assist you in avoiding. - We would strongly advise that you ask Jade Bike Loans for a quote anyway so you can compare the two. We offer a quick quote service so it won’t take long and then you can make your own decisions. - We strongly believe and our track record shows, that we repeatedly achieve better bike loan offers than dealer finance offers. ## **Can Jade match the 0% interest rate bike loan that I’ve seen advertised elsewhere?** - 0% interest rate loans can most often be a promotional or marketing strategy. - Potential buyers are drawn in to what appears an amazing offer, only to find inflated loan charges and fees hidden in the contract fine print and/or that the low interest rate is only for an introductory period. - There’s a lot more to know about this type of bike loan offer and we strongly advise people to get other quotes and compare the comparison interest rate which reflects the true cost of the loan. - Jade Bike Loans will source you a genuine ‘best interest rates’ bike loans. ## **What type of loan is available for a first bike loan?** - A [Secured Bike Loan](/secured-motorcycle-loans) is the most popular form of bike loan for bikes purchased for personal use. - Your Jade Bike Loan will include a fixed interest rate, fixed loan term and fixed monthly repayments. - When you take out a loan, the lender will usually require you to take out comprehensive insurance on your motorcycle. Ensure you budget for that expense. Jade Bike Loans welcomes enquiries from both first time and long-time bike riders. So please feel free to contact us with any questions you have or for a quick quote on your new ride. **To discuss a motorbike loan speak with a Jade Bike Loans consultant on 1300 000 003** DISCLAIMER: THE INFORMATION PROVIDED IS FOR GENERAL CONSIDERATION. ANY REFERENCE TO OFFICIAL GOVERNMENT POLICIES HAS BEEN SOURCED FROM AUSTRALIAN GOVERNMENT AND STATE GOVERNMENT SOURCES. INFORMATION ON INDIVIDUAL VEHICLE SPECS IS SOURCED FROM THE MANUFACTURER WEBSITE. NO LIABILITY IS ACCEPTED FOR ANY ERRORS IN THE *PRESENTATION OR INTERPRETATION OF THE FACTS AS PROVIDED BY THESE SOURCES. WE ADVISE ALL INDIVIDUALS AND BUSINESSES TO REFER TO THEIR ACCOUNTANT OR FINANCIAL ADVISOR FOR PROFESSIONAL ADVICE SPECIFIC TO THEIR INDIVIDUAL CIRCUMSTANCES.* **Categories:** Bike Loan Tips --- ### [How can I get a bike loan quickly?](https://www.jadebikeloans.com.au/blog/bike-loan-tips/how-can-i-get-a-bike-loan-quickly) **Published:** July 28, 2020 **Author:** Publisher **Content:** With a load of experience assisting bike riders with great [motorcycle loans](/), we’ve come to know the different personalities in regard to buying a bike. Some motorcycle purchasers want to deliberate over every aspect of multiple bikes before making the decision as to which bike to buy. Other riders have had a particular make and model on their wish list for ages or have been waiting impatiently for a new model release and when the time comes to buy – they act quickly and want it to happen asap. Whichever your buying style, Jade Bike Loans is happy to oblige. For those on the fast track – here’s an explainer on getting a bike loan quickly – your options and the way the Jade Bike Loans can make it happen. ## **Consumer Regulations** Before trying to fast track your bike loan, you need to be aware that consumer finance, which includes [Personal Secured Bike Loans](/secured-motorcycle-loans), is strictly regulated and controlled under the law. All lenders include Jade Bike Loans must abide by the rules and follow a set of protocols and procedures in regard to providing our customers with information and seeking documentation. You can read up on the detail in another of our articles so you understand that some stages of the bike loan application process can’t be overlooked in order to get your loan sorted faster. ## **Choosing the ‘Fastest’ Lender** Getting the quickest service may be key to getting your bike loan fastest but the decision of which lender you choose to go with also includes other important considerations. Acting impulsively and signing up to what appears like a convenient and fast service may end up costing your more with higher loan fees and interest rates. Getting a number of bike loan quotes yourself so you can choose the cheapest or best will usually take time. - Getting a quick quote via a generic online form is not usually a definite quote. Your application will have to be considered to get a proper loan offer. - Bank Loans: banks are usually the first call for bike loans but let’s face it, they’re massive organisations, have stringent procedures and it’s likely to take some time to get a number of quotes from different banks to compare. - Finance Company Bike Loans: many finance companies advertise and promote bike loans and the time they take to process your application and get you a firm quote may vary. - Bike Dealer Loans: pretty much all motorcycle dealerships and even small shops have arrangements with a financier so they can offer buyers finance immediately. It’s very tempting as it seems as if it will be as fast as the actual bike purchase process. But be aware that dealer finance can often hide inflated fees, commissions and often includes promotional offers on cheap interest rates which are only for a short time – not the full loan term. - Jade Bike Loans Broker: in a nutshell – take all the above negatives and problems from other sources and your Jade consultant offer you a better solution. We’ll do all the sourcing from multiple lenders to get you the best deal through our industry contacts with the banks and lenders. We’ll negotiate the [cheapest interest rate and fees for your motorbike loan](/motorbike-loan-interest-rates) and we can act a lot more quickly due to the set-up of our operation. ## **Getting a Jade Bike Loan – Quickly** We can act quickly to get your bike loan sorted and we have a range of services and tools to accelerate the process:- - Use our [bike loan calculator](/finance-calculator) while you’re browsing bikes. That will give you a rough repayment estimate on a loan for different priced bikes. That may save you from wasting your time getting loan quotes on bikes that are beyond your budget. - We provide individualised service. When you contact Jade Bike Loans you’re assigned a consultant who will be handling your bike loan and give you one point of contact. - Our quick quote service is as fast as it gets! We know which lenders are offering the best deals on bike loans at any one time and we have the direct access channels to get through to them for your quick quote. - Getting fast loan approvals is fundamental to our service offering. We have streamlined procedures in place to ensure we get your bike loan approved quickly. - With the loan approved and your bike selected, your Jade Bike Loans consultant can assist with the paperwork to ensure prompt settlement of your purchase. We’ll even liaise with the seller on some aspects if you want. ### What you can do to make the process faster:- - Have your financial records and paperwork such as payslips etc ready. All consumer loans require certain details etc for the application so be organised. - Consumer loan applications also require an assessment of weekly/monthly expenditures. You can be organised in advance by preparing your personal budget for what you spend. Jade Bike Loans offers a streamlined and we consider fast service and we deliver the best interest rates and cheap bike loans. **To start the process to get your bike loan quickly, speak with a Jade Bike Loans consultant at 1300 000 003 now** DISCLAIMER: THE INFORMATION PROVIDED IS FOR GENERAL CONSIDERATION. ANY REFERENCE TO OFFICIAL GOVERNMENT POLICIES HAS BEEN SOURCED FROM AUSTRALIAN GOVERNMENT AND STATE GOVERNMENT SOURCES. INFORMATION ON INDIVIDUAL VEHICLE SPECS IS SOURCED FROM THE MANUFACTURER WEBSITE. NO LIABILITY IS ACCEPTED FOR ANY ERRORS IN THE *PRESENTATION OR INTERPRETATION OF THE FACTS AS PROVIDED BY THESE SOURCES. WE ADVISE ALL INDIVIDUALS AND BUSINESSES TO REFER TO THEIR ACCOUNTANT OR FINANCIAL ADVISOR FOR PROFESSIONAL ADVICE SPECIFIC TO THEIR INDIVIDUAL CIRCUMSTANCES.* **Categories:** Bike Loan Tips --- ### [What's Happening at Harley-Davidson?](https://www.jadebikeloans.com.au/blog/bike-loan-tips/whats-happening-at-harley-davidson) **Published:** July 30, 2020 **Author:** Publisher **Content:** More than a motorcycle brand or manufacturer, [Harley-Davidson](https://www.harley-davidson.com/au/en/index.html) is a culture. Probably the most easily recognisable and memorable bike brand in the world and a name that identifies with seeking adventure and freedom on the road. Known for its innovative design, cutting-edge style and that sound – yes that very distinctive engine sound that is a sign of superb quality. Owning a Harley-Davidson is an aspiration that Jade Bike Loans has made a reality for many of our customers. So if owning a Harley is currently in your sights, now could just be the time to act. Established in 1903, the company is currently undergoing what they are called ‘The Rewire’. According to the company website, this is 5 year plan which will set a new strategic direction for the business primarily in regard to company structure and priorities. Meanwhile, an exciting range of Harley-Davidson models hit the market in 2020, let’s take a look. ## **2020 Harley-Davidson Models** [**The Road Glide Limited**](https://www.harley-davidson.com/us/en/motorcycles/road-glide-limited.html) This new model range includes a very special, special edition – the Eagle Eye, which features an amazing paint job with an eagle graphic on the tank which ‘soars’ to the faring. Whoa, this is special but with only 900 bikes for the entire world market, you’ll want to contact your Harley dealer ASAP to order Jade Bike Loans for a pre-approved loan to secure your unit. This model has the Milwaukee Eight 114 engine, 1,868cc displacement, 2-1-2 dual exhaust and a great selection of optional tech to assist the rider. Premium features include the upright rider position plus a passenger seat, floorboards, saddlebags and the latest in infotainment. **Softail Standard** Also new in 2020 is the bobber styler Softail. Stripped down in style and available in vivid black, this model will suit both the urban rider around the city and for light touring trips to head outta town. This old-school look is classic Harley-Davidson and features the Milwaukee Eight 107 v-twin engine. Additional features to note include the stretched riding position and mid-mounted foot controls. This is pure soul for the Harley purist. How much per month will it cost you to ride a new 2020 Softail? Head to our [Bike Loans Calculator](/finance-calculator) and crunch the numbers. **CVO Road Glide** For the ultimate in touring performance, check out the new CVO Road Glide. Only of course for riders that want a show-stopper. This is a bike with a load of custom details and bold styling which will differentiate you from the rest of the pack. You’ve got the upright riding position, Kahuna controls, passenger seat, floorboards, the all-essential saddlebags and great infotainment options. The engine is the Milwaukee Eight 117 v-twin which is the most powerful engine from the company’s factory. Harley’s Rider Defensive System is also included to provide greater rider confidence and enhanced control when conditions are less than ideal. This model is available in sand dune – a subtle grey, with red trim details. Very stylish, super powerful and utterly Harley-Davidson. Wondering if you could be riding a CVO any time soon? Contact us for a quick quote and find out. **The Rest of the Pack** That’s just the new 2020 models on offer from Harley-Davidson. The range also includes the numerous options in the street, cruiser touring and trike categories that we’ll check out in other articles. To test ride a Harley-Davidson, dealers are located throughout Australia. But before you start talking price, start talking bike finance with Jade Bike Loans. ## **Harley-Davidson Bike Loans** Jade Bike Loans assists Harley-Davidson buyers with [cheap bike loans](/) which make the overall deal and riding experience even more enjoyable. If buying a Harley for purely private use, the [Secured Bike Loan](/secured-motorcycle-loans) is the most commonly used loan type. This loan includes: - Jade’s best interest rates are fixed for the full term of the loan. - Fixed loan term - Fixed monthly repayments If you’re purchasing a Harley-Davidson as your business vehicle, discuss the options with your accountant so you can advise your Jade consultant which commercial finance type provides the greatest benefits to your business:- - CHP for Motorcycles - Motorbike Chattel Mortgage - Motorbike Leasing Arranging a pre-approved loan is a great strategy for many bike purchasers. This involves contacting Jade Bike Loans prior to committing to a purchase. Your Jade consultant will provide you with a firm quote based on an estimated bike price. Upon acceptance of that quote, your application will be processed through the approval stages. You’ll know your finance is approved and you’ll know what your repayments will be on that valued bike. Great knowledge when entering negotiations with a bike dealer and when considering any optional accessories. Jade Bike Loans offers a streamlined and efficient service with our cheap interest rates policy at the centre of every bike loan. **To discuss a Harley-Davidson bike loan speak with a Jade Bike Loans consultant 1300 000 003.** DISCLAIMER: THE INFORMATION PROVIDED IS FOR GENERAL CONSIDERATION. ANY REFERENCE TO OFFICIAL GOVERNMENT POLICIES HAS BEEN SOURCED FROM AUSTRALIAN GOVERNMENT AND STATE GOVERNMENT SOURCES. INFORMATION ON INDIVIDUAL VEHICLE SPECS IS SOURCED FROM THE MANUFACTURER WEBSITE. NO LIABILITY IS ACCEPTED FOR ANY ERRORS IN THE *PRESENTATION OR INTERPRETATION OF THE FACTS AS PROVIDED BY THESE SOURCES. WE ADVISE ALL INDIVIDUALS AND BUSINESSES TO REFER TO THEIR ACCOUNTANT OR FINANCIAL ADVISOR FOR PROFESSIONAL ADVICE SPECIFIC TO THEIR INDIVIDUAL CIRCUMSTANCES.* **Categories:** Bike Loan Tips --- ### [Are there loans to buy an Aprilia motorcycle?](https://www.jadebikeloans.com.au/blog/bike-loan-tips/are-there-loans-to-buy-an-aprilia-motorcycle) **Published:** August 3, 2020 **Author:** Publisher **Content:** Associated with champion riders including Max Biaggi, Valentino Rossi and Loris Capirossi, [Aprilia](https://www.aprilia.com/au_EN/) is a motorcycle manufacturer synonymous with GP and road racing. The brand has an impressive trophy cabinet and holds records for numbers of wins in key categories having competed in road racing world championships, superbikes and in off-road classes. But they also manufacture small capacity bikes for the everyday rider and Jade Bike Loans supports these riders with great motorcycle loans. Jade Bike Loans provides our signature cheap bike loans for the range of Aprilia motorbikes for both private use and business use but we do not offer loans for the Aprilia scooter range. ## **Types of Aprilia Bike Loans** If you’re purchasing either a new or a used Aprilia which you will use only for your personal use, Jade’s Secured [Bike Loan](/) is likely the loan that will suit you. This is the most commonly used loan as it suits many people. Secured Bike Loans include a fixed monthly repayment, a fixed loan term and are based on our signature cheap interest rates which are fixed for the entire loan term. Additional payments are OK and if you choose to pay out the loan before the end of the loan term, minimal break fees apply. The lender uses the motorcycle as security against the loan. If for some reason you are not in a position to offer the bike as security against the loan, discuss with your Jade consultant, our [Unsecured Personal Loan](/unsecured-personal-loans) option. If your bike is primarily used in your business, consider which of the Jade commercial finance facilities best suits your business set-up. We offer Leasing, Commercial Hire Purchase and Chattel Mortgage. Each includes a range of features in regard to treatment of GST and tax, etc which offer benefits to different business structures. Have a discussion with your accountant re the choice then your Jade consultant can structure a finance package for your Aprilia purchase. All Jade Bike Loans offers are sourced from our vast network of lenders which includes non-bank lenders that offer great bike loans. We save you time in shopping around for the best deal and assist with many aspects of the paperwork. ## **Quick Repayment Estimates** While deciding which Aprilia you want, it’s a great help to have a rough idea of what your repayments may be on the different price points. Using our [motorcycle finance calculator](/finance-calculator) that is designed to help you do just that. Click over to our Calculator web page to see how it works and start clarifying your buying decisions. ## **Apply Before You Buy** Having a rough idea of repayments is helpful, but having your Jade bike loan totally sorted before you even head into the showroom may be an even better. Jade Bike Loans provides a pre-approved bike loan service which is essentially ‘apply before you buy’. Instead of committing to a bike purchase and then applying for a loan, you apply for a loan based on an estimate of what you think the Aprilia you want will cost and then make the purchase. Your Jade consultant will source you the quote and process your application so you know your budget and know you have the finance confirmed so you can order your Aprilia with confidence. ## **Selecting Your New Aprilia** Aprilia present four models on their website for Australian buyers. The RSV4 1100 Factory, RSV4 RR, the Tuono V4 1100 Factory and the Tuono V4 1100 RR – all with that distinctive Aprilia racing style and design. The RSV4 Factory has a racing suspension and frame and 1100cc engine. The RR has a completely redesigned front end and key features which improve rider comfort on both road and track. Aprilia has dealers throughout Australia so you should hopefully be able to check out the range in person quite easily. ## **Finding a Used Aprilia** If a brand new Aprilia is not within your budget, platforms like [Bike Sales](http://www.bikesales.com.au) are a great place to source a used bike. Jade Bike Loans provides loans on both new and used bikes so we can get you a great offer on whatever Aprilia you select. When buying a used bike, having your bike loan pre-arranged can be a very clever move. Private sellers are often keen to sell quickly and if you’re organised with your finance, you may be in a better to negotiate a discount on the purchase price for quick settlement. ## **Applying for an Aprilia Bike Loan** Jade’s finance broker services are available for anyone interested in a bike loan. To start the process you can either email us for a quick quote or phone Jade Bike Loans and one of our consultants will commence the loan application process and source you a quote. When you accept our quote, your consultant will process your application and assist with the paperwork. It’s a relatively simple and straightforward process. So if you want to get onto an Aprilia, give us a call and see how we can assist you. **To discuss a cheap bike loan for an Aprilia motorcycle speak with a Jade Bikes Loans consultant 1300 000 003** DISCLAIMER: THE INFORMATION PROVIDED IS FOR GENERAL CONSIDERATION. ANY REFERENCE TO OFFICIAL GOVERNMENT POLICIES HAS BEEN SOURCED FROM AUSTRALIAN GOVERNMENT AND STATE GOVERNMENT SOURCES. INFORMATION ON VEHICLES IS QUOTED FROM THE MANUFACTURER’S WEBSITE. NO LIABILITY IS ACCEPTED FOR ANY ERRORS IN THE *PRESENTATION OR INTERPRETATION OF THE FACTS AS PROVIDED BY THESE SOURCES. WE ADVISE ALL INDIVIDUALS AND BUSINESSES TO REFER TO THEIR ACCOUNTANT OR FINANCIAL ADVISOR FOR PROFESSIONAL ADVICE SPECIFIC TO THEIR INDIVIDUAL CIRCUMSTANCES.* **Categories:** Bike Loan Tips --- ### [Cheap Loans for Indian Motorcycles](https://www.jadebikeloans.com.au/blog/bike-loan-tips/cheap-loans-for-indian-motorcycles) **Published:** August 14, 2020 **Author:** Publisher **Content:** As the first motorcycle company in America with a heritage dating back to 1901, the [Indian Motorcycle](https://www.indianmotorcycle.com.au/) brand has many fans and admirers. Enthusiasts and long-term followers of the company have endured turbulent times over the decades with the changes of ownership, bankruptcy and ceased production affecting the company. But over the past 10 years, the company has experienced growth and development and like many other motorbike buffs, [Jade Bike Loans](/) is pleased to see an exciting line up of 2020 models with the legendary Indian Motorcycle badge. ## **Buying Resources** The latest releases for the American brand cover the Scout, Cruiser, Challenger, Bagger, Touring and FTR 1200 ranges. There are a number of model variants in each range, so buyers have plenty of options and it may take some consideration to decide exactly which 2020 Indian Motorcycle should be in your garage. If price is a deciding factor, as it is for a lot of motorbike buyers, Jade Bike Loans provides you with a number of resources to assist with your purchasing decisions. First, there’s our [bike loans calculator](/finance-calculator) which you can access right here on our website from any of your devices with internet access. Just input the data, that is the price of the Indian models you are considering and other values around your prospective loan and the calculator will give you a rough estimate of loan repayments. Not an exact repayment as there are other issues to consider which the calculator does not have the capability to factor in. But it will give you a rough guide and allow you to see how repayments may differ from model to model. Next, we offer a quick quote service. Just give us a call or contact us via our website or email for a quick loan quote on any Indian Motorcycle. At our cheap interest rates of course! It that quote suits you, opt for our pre-approved bike loan service. Your Jade consultant processes your loan through to the approval stage based on an estimated purchase price before you sign the sale contract. Whatever pre-purchase process you opt for, you’re assured of our [better interest rates and cheaper bike loans](/motorbike-loan-interest-rates). So which of the 2020 Indian Motorcycle collections may be your next ride? Let’s take a look at what is on offer. ## **2020 Models** - The Challenger range is available in Dark Horse and Limited models with variants. The company describe the Dark Horse as a wicked bike and it certainly has the looks and the cred. A 1768 cc engine liquid-cooled V twin engine with 122 hp and stacked with the latest tech as well as rider comfort features. A 7” screen, high output sound speakers, ABS, dynamic traction control and all-new Indian models it includes Apple Carplay. The Challenger Limited, available in black, ruby and blue colour schemes features the PowerPlus engine. According to the company, this is the largest liquid-cooled engine in the company line-up. - The 2020 Scout range includes several models – Scout Bobber, Scout Bobber Twenty and an Anniversary Edition. The Bobber is iconic to the brand with its stripped-down design and aggressive appearance. Genuine leather seat, lowered rear suspension, 1133 cc liquid cooled engine and ABS are just some of the specs on this legendary ride. - The FTR 1200 is a reflection of past greatness and the company claims this bike captures the much-loved elements of the FTR 750. It has a design that is race-inspired, a 1203cc V twin-engine, ride command touch screen and is available in FTR 1200, FTR 1200 S and [FTR](https://www.indianmotorcycle.com.au/ftr-family/) carbon variants. - The new Bagger line-up has 5 models to choose from: Springfield, Springfield Dark Horse, Chieftain Dark Horse, Chieftain Limited and Chieftain Elite. All in a different colour choices so plenty of decisions to be made here. - For those looking for a Cruiser, consider the Indian Chief Dark Horse or Chief Vintage. The cream and green colour choice of the Vintage screams old school but the tech firmly says state-of-the-art. Modern technology is matched up perfectly with this classic styling and design in a ride that is built to take you – wherever you choose. Or COVID-19 border restrictions and health orders will allow. - In the Touring category, Indian offer 3 models – Roadmaster, Roadmaster Dark Horse and Roadmaster Elite. This is a bike for the serious traveller who likes a friend to accompany them. Loaded with features and built to the highest standards and loads of cargo space. ## **Applying for an Indian Motorcycle Loan** Before or after you decide on your Indian Motorcycle model, applying for a cheap bike loan is a streamlined process with Jade Bike Loans. No need to front up anywhere or waste time waiting ‘on-hold’ for a bank or finance company, just give us a call and your Jade consultant will handle the process for you. We’ll haggle with our vast number of lenders to get you the cheapest interest rate and the best loan deal to meet your individual specs. Indian Motorcycles has a rich heritage and Jade Bike Loans, while not being around as long as Indian, has a great track record of performance in delivering cheap bike loans. **For an impressively cheap loan on an Indian Motorcycle, speak with a Jade Bike Loans consultant 1300 000 003.** DISCLAIMER: ALL INFORMATION PRESENTED IN THESE ARTICLES IS FOR GENERAL INFORMATIONAL PURPOSES AND BUSINESSES AND INDIVIDUALS SHOULD SEEK INDEPENDENT FINANCIAL ADVICE IN REGARD TO THEIR OWN FINANCIAL DECISIONS AND CIRCUMSTANCES. DETAILS ON GOVERNMENT MEASURES, POLICIES AND GUIDELINES AND VEHICLE DETAILS AND SPECS HAVE BEEN SOURCED FROM PUBLICLY AVAILABLE WEBSITES AND SOURCES. LIABILITY IS NOT ACCEPTED FOR ERRORS IN THE INTERPRETATION OR PRESENTATION OF ANY FACTS AND DETAILS FROM THIRD PARTIES. WE ADVISE INDIVIDUALS TO CHECK DETAILS DIRECTLY AT THE THIRD-PARTY *SOURCE IF REQUIRED.* **Categories:** Bike Loan Tips --- ### [Cheap Loans for Pricey Bikes](https://www.jadebikeloans.com.au/blog/bike-loan-tips/cheap-loans-for-pricey-bikes) **Published:** September 1, 2020 **Author:** Publisher **Content:** While many riders are seeking an affordable motorbike to meet their ride requirements without breaking the weekly budget, there are also many bike enthusiasts that when it comes to a purchase, it’s all about the bike, not necessarily the price. There are the ‘just have to have’ purchasers, the hankerers, the aspirants, the collectors and those that simply appreciate quality and excellence in motorcycle engineering and performance. At Jade Bike Loans we deal with all types of motorbike buyers and while their dream bikes may differ, we find they have similar goals in regard to their bike loan – the get the cheapest loan. When we’re contacted by someone buying a high-end, high-priced ride, at Jade Bike Loans we don’t *‘tell ‘em their dreaming’.* We get to work to source the cheapest loan regardless of the price tag. So what are the most expensive bikes on the market? We checked it out. ## **The Top End Bike Market** A search for the most expensive bikes in the world revealed a superbike overseas with a $3.6m price tag. Closer to home and at a more realistic level, we’ve identified some of the more expensive bikes currently available on the Australian market. - The Agusta Superveloce is due to hit the Australian market late in 2020 with an estimated price tag of $33,000. - The top of the range Triumph Thruxton is advertised at around $26,000 with top specs - The [2020 Harley-Davidson Fat Boy](https://www.harley-davidson.com/au/en/motorcycles/fat-boy.html) comes in around $34,000 - The [Ultra Limited 114](https://www.harley-davidson.com/au/en/motorcycles/ultra-limited.html) from Harley over the $40,000 mark and the [Tri Glide Ultra](https://www.harley-davidson.com/au/en/motorcycles/tri-glide-ultra.html) over $50,000 - A 2020 [Ducati Panigale V4](https://www.ducati.com/ww/en/bikes/panigale/panigale-v4) will set you back just over $40,000 - A[ 2020 BMW K 1600 GTL](https://www.bmwmotorcycles.com/en/models/tour/k1600gtl.html) Option 719 is over $47,000 - The [Yamaha 2020 YZF-R1M](https://www.yamaha-motor.com.au/discover/news-and-events/news/motorcycle/2019/july/yamaha-unveils-new-2020-r1) is a reasonable $34,999 - For a 2020 Kawasaki Ninja H2 Carbon you’ll be paying nearly $45,000 But the prices go higher than that. We found Harley-Davidson collector and special bikes in the $80,000 vicinity and the [Harley 2020 Tri Glide CVO 117](https://www.harley-davidson.com/au/en/motorcycles/cvo-tri-glide.html) with a $73, 250. In most people’s money, these are considered purchases. Few people will be paying cash so they will be looking for a loan. Knowing how a bike price tag converts to possible monthly repayments on a Jade Bike Loan can put it all in perspective and bring your dream bike closer to reality. Using our online bike calculator is a useful tool for that purpose. Head to our calculator webpage and get started. Just enter the details requested and you’ll receive a ballpark estimate on repayments. This is only an estimate, but it should give you a guide to what to expect when you contact Jade for a firm quote. ## **Loan Options for High-Priced Bikes** Jade Bike Loans provides loans for bikes in all classes and in all price ranges. As most buyers are purchasing a bike for their personal use, the [Secured Motorbike Loan](/secured-motorcycle-loans) is the most commonly used loan type. This loan has a straightforward format:- - The lender uses the bike as collateral/security against the loan. - The borrower repays the loan in equal monthly repayments over the designated loan term. - The monthly repayments are fixed as is the loan term. - The borrower is allowed to make additional payments and if the loan is paid out before the end of the loan term only minimal break fees will apply. So that’s the standard loan format. How can Jade Bike Loans get you a really cheap loan, even on a very expensive bike? This is how… ## **Better Interest Rates** The interest rate is critical to a bike loan as it determines the overall cost of your loan and as such the all-important monthly repayments. To see how important the interest rate is you can do a sample test on our [bike finance calculator](/finance-calculator). First calculate repayments based on the current cheap interest rate that we advertise. Then increase the interest rate in the calculator marginally and see how that higher rate increases the monthly repayments estimate. This is of course only an estimate as fees and charges are not allowed for nor are any conditions around individual loan applications. But it does clearly show you how important getting the cheapest interest rate from Jade Bike Loans is to your bike purchase. Jade Bike Loans has a rep for consistently achieving podium finishes in the ‘cheap interest rate’ race, because:- - We’re accredited with many lenders so we have more choices to source the best rate. - We’re professional negotiators and as we write a lot of bike loan business, we carry a lot of useful weight when it comes to bargaining a better deal out of our lenders. - We work harder and in the best interests of our customers. As professional finance brokers our focus is on achieving the cheapest bike deals for our customers not making profits for bank shareholders. ## **Strategic Loan Structure** To achieve the most workable repayments for your high-priced bike, your Jade Bike Loans consultant will work with you to structure your loan for the best result. If you require lower monthly repayments your consultant will discuss a longer loan term with the lender or possibly suggest you pay a deposit to reduce the overall loan amount which will in turn reduce the repayments. As experts in the motorbike loan field, Jade Bike Loans are specialists in achieving the cheapest bike loans regardless of the price tag. We aspire to making your dream bike your reality. **If you’re considering a high-priced motorcycle, speak with a Jade Bike Loans consultant at 1300 000 003 about a cheap bike loan.** *DISCLAIMER: THE INFORMATION IN OUR ARTICLES IS PROVIDED FOR GENERAL INFORMATION PURPOSES AND IN NO WAY IS INTENDED AS THE SOLE SOURCE TO MAKE FINANCIAL DECISIONS OR AS ADVICE IN REGARD TO FINANCIAL INFORMATION. INDIVIDUALS ARE RECOMMENDED TO REFER TO THEIR FINANCIAL ADVISOR OR SEEK ADDITIONAL INDEPENDENT ADVICE IF THEY CONSIDER THEY REQUIRE SO. THE INFORMATION PRESENTED IN REGARD TO GOODS HAS BEEN SOURCED FROM MANUFACTURER AND SUPPLIER SOURCES AND IN REGARD TO GOVERNMENT AND ATO POLICIES AND PROGRAMS FROM RELIABLE SOURCES. NO LIABILITY IS ACCEPTED IF ERRORS HAVE BEEN MADE IN PRESENTING OR INTERPRETING THE INFORMATION AS PRESENTED.* **Categories:** Bike Loan Tips --- ### [Be pre-approved and first on the grid for 2021 releases](https://www.jadebikeloans.com.au/blog/bike-loan-tips/be-pre-approved-and-first-on-the-grid-for-2021-releases) **Published:** September 15, 2020 **Author:** Publisher **Content:** The release of new model motorcycles is a major event for both the manufacturers and their hordes of fans across the globe. But many new models are released as limited editions, special versions or in minimum quantities in selected markets. These exclusive offers can add to the appeal and collectability of that model. In turn, that can increase demand and create strong competition by buyers to get hands on a rare motorcycle. For some buyers, the rush to get their hands on a new model of a mass-produced new models is all about bragging rights. Being the first on the street or in your crew to own that special ride. While others have wait impatiently to get loans approved after the release date and after they’ve already been to the showroom for a test ride, those with the smarts get in early. They know they want that particular, so they plan and act well ahead and have their bike loan approved and ready to be finalised before the new models are released or available for pre-order. When the time comes, they’re first on the grid. An added reason for getting in early for 2021 bike models is the COVID-19 factor. It has been extensively reported that manufacturing and supply chains have been interrupted globally as a result of the coronavirus. Many leading bike brands are located in Europe which has been hard-hit by COVID-19 with many manufacturing facilities forced to close and suspend production throughout the year. This may cause limits on the quantities of new bikes which may find their way into the Australian market. Jade Bike Loans offers a pre-approved loan service for our famous [cheap bike loans](/) for both new releases and existing stock models. The process is simple and our consultants are available to discuss the requirements for your 2021 model bike purchase well ahead of the release date. ## **Applying for a Pre-Approved Bike Loan** The Jade pre-approved bike loan process follows the same steps as a standard bike loan except it happens before, not after, you finalise your motorcycle purchase. Your simply apply for your bike loan based on an estimated purchase price to determine your loan amount. Sourcing prices is reasonably easy as most manufacturers will release the prices well ahead of the launch date. Alternatively, you can apply for a loan based on an estimate of what you anticipate you will be required to pay. Your Jade consultant proceeds with processing your application by sourcing the cheapest offer from our wide range of bank and non-bank lenders. On acceptance of our offer, your loan will be processed through the approvals stages. When you finalise the purchase price with the dealer and decide on any deposit you may choose to contribute, your loan is finalised based on the exact total loan amount. The key advantage is obvious. With your loan approved you can confidently commit to the purchase of that brand new model on your first visit to showroom after release. No need to waste time going in to talk details with the dealer then having to go away and arrange your loan and then return to sign the contract once your loan is organised. COVID-19 may also play a part with lockdowns in certain areas of Australia occurring at different times which may restrict your ability to actually get into the bike showroom. They may be forced to close and you may be under stay at home orders. Your pre-approved cheap Jade bike loan can be arranged by phone and email so COVID-19 restrictions should not hamper the process. ## **2021 Model Previews** So what’s the rush for 2021 models? Apart from the issues around COVID-19 several manufacturers have already released previews of their exciting 2021 models. - MV Agusta: While the new Superveloce 800 was due to arrive in Australia earlier in 2020, the release has been delayed by, as we flagged above – COVID-19. It is now reported that it should be in showrooms before the end of the year and the price has been flagged at $32,990 so you should have the info you need to commence the pre-approved bike loan process. - Yamaha: According to industry news, Yamaha is releasing a special ‘Aussie Edition’ of the [2021 WR 450F](https://www.yamahamotorsports.com/cross-country/models/wr450f) and apparently only 400 bikes will be available. A limited quantity of such a popular bike is sure to create a run on pre-orders. Why not speak with a Jade Bike Loans consultant today about securing a pre-approved loan? - Honda: Actually promoted as arriving late in 2020, Honda announced the CRF 250R and the CRF 150R will return to its line-up in 2021 along with a new [CRF 450R](https://powersports.honda.com/off-road/competition/crf450r). No need to even wait for 2021 to get your hands on these Hondas – get onto Jade Bike Loans ASAP and be on your new Honda to see in NY21 in style. Whether you have your eyes on a 2021 model, a run-out clearance of current stock or even a used bike, Jade Bike Loans can offer you our [secured motorbike loan](/secured-motorcycle-loans) service to simplify your purchase process. **To talk pre-approved bike loans at better interest rates, contact Jade Bike Loans at 1300 000 003.** DISCLAIMER: THE INFORMATION PROVIDED IN THIS ARTICLE IS FOR GENERAL INFORMATIVE PURPOSES AND NOT INTENDED AS FINANCE ADVICE. INDIVIDUALS SHOULD REFER TO THEIR FINANCIAL ADVISOR OR ACCOUNTANT FOR ADVICE IN REGARD TO THEIR INDIVIDUAL FINANCIAL DECISIONS AND SPECIFIC CIRCUMSTANCES. DETAILS IN REGARD TO GOODS, SERVICES GOVERNMENT OFFERS AND POLICIES HAVE *BEEN SOURCED FROM PUBLIC MANUFACTURER AND SUPPLIER WEBSITES AND GOVERNMENT RESOURCES. NO LIABILITY IS ACCEPTED FOR ANY ERRORS OR MISREPRESENTATION OF INFORMATION AND DATA OBTAINED FROM THESE SOURCES.* **Categories:** Bike Loan Tips --- ### [Proposed Changes to Credit Regulations](https://www.jadebikeloans.com.au/blog/bike-loan-tips/proposed-changes-to-credit-regulations) **Published:** October 8, 2020 **Author:** Publisher **Content:** If you’re getting organised to buy a new motorcycle with a bike loan and heard the Treasurer’s recent statements about simplifying credit and thought ‘you beauty’ – not to dampen your enthusiasm or stop you at all, but they are not in law as yet. So if you’re about to apply for a bike loan now, the current regulations and credit laws will apply. We explain what all the talk around easing credit is about so you have a fuller understanding of the situation. In the last weeks of September, Josh Frydenberg, the Federal Treasurer, was doing the rounds of pre-budget announcements, as is the usual process. Normally the Treasurer brings down the budget in May in time for legislation to be passed (in theory) by the new financial year. But with the economic uncertainty and implications of COVID-19, the decision was made early in the year to delay the budget until October. That way, the Government could better frame the budget to suit the COVID-19 economic recovery. In order to stimulate economic recovery, consumers need to spend and businesses need to invest. Both these actions usually require credit that is loans and finance. When buying a new bike, many people will need a motorcycle loan. The purchase supports the bike dealer’s business and so the wheels of the economy turn and grow. In the lead-up to the budget, the Treasurer made a number of announcements, eluding to what is in the budget. The one that is attracting attention in the lending sector was around the simplifying of the credit framework in Australia. The Treasurer said that in order to assist economic recovery, it was more important than usual for unnecessary barriers removed to enable the simpler and easier flow of credit to both consumers and to small businesses. This would include home mortgages and consumer loans for goods such as motorbikes. To put this in context, lending restrictions were tightened in the past and it is considered in some sectors that it is taking too long for especially home mortgage applications and other loans to be approved. In addition, some have mentioned that lenders, especially banks, are spending too much time in questioning a lot of the expense/income figures in borrower’s applications. A process which is slowing down the flow of credit. In addition, there is seen as duplication in some respects with the regulations under ASIC for responsible lending guidelines and the rulings that banks must adhere to under APRA, the Australian Prudential Regulatory Authority. ## **Proposed Changes** The details of the changes that are proposed have not as yet been released by the Treasurer and the Government has stated that a stakeholder consultation process will be followed in forming the final legislation. However, in general, the overriding premise of the changes is a shift in responsibility from the lender to the borrower. Currently, the lender must perform a strict set of checks and processes when considering a credit application. Under the [ASIC regulations](https://asic.gov.au/regulatory-resources/find-a-document/regulatory-guides/), Jade Bike Loans is not permitted to make an offer of a loan if that loan is deemed unsuitable to the borrower. Under the new proposal, the responsibility shifts more to the borrower and the lender would be permitted to rely on the borrower’s information as provided when assessing applications. It will be up to the borrower to ensure they provide accurate details in regard to their ability to meet the loan obligations. Consumer protection laws will still be in place to safeguard consumers and the lenders, including Jade Bike Loans as a credit licensee, will still have strict regulations and guidelines to adhere to. While we await the details and final shape of the legislation, you can read the current details at: ## **How this Affects Your Bike Loan** - The proposed changes to simplify the flow of credit are at this stage only proposals. The Treasurer indicated he hoped these measures would be in place by 1 April 2021. - If you have a current [bike loan](/), any changes to credit laws will not impact your loan. - If you are applying for a bike loan at the moment, your application will be processed according to the existing laws and regulations. - If the proposed changes are brought into law by the Parliament, only then and after the lenders have implemented the necessary amendments to their own processes, will any impact on future bike loans be felt. ## **Time Schedule** - The process to bring these proposed changes into reality is quite involved. First the Government intends to include these measures in the budget in concept. There will then be a stakeholder consultation process to frame the detail of the legislation. - Once drafted, the legislation needs to be passed by both the House of Representatives and the Senate. The Government does not hold a majority in the Senate and usually needs to negotiate with the crossbench which may result in amendments to the legislation. - As mentioned above, the Treasurer’s timeframe is to have these simplified credit laws in place by April 2021. ## **No Need to Wait** If you want your bike loan NOW there’s no need to wait until April 2021. While Jade Bike Loans complies with its obligations and responsibilities under the ASIC regulations, we’re still in a position to offer a fast, streamlined bike loan service and deliver cheap interest rate loans. **For a quote on a motorcycle loan just contact Jade Bike Loans at 1300 000 003 for a quick quote, fast approvals and prompt settlement.** *DISCLAIMER: DATA, DETAILS AND INFORMATION IN REGARD TO POLICIES, GOVERNMENT PROGRAMS, PROPOSALS AND GOODS AND SERVICES ARE PRESENTED IN THIS ARTICLE FOR GENERAL INFORMATION PURPOSES ONLY. THIS INFORMATION IS, UNDER NO CIRCUMSTANCES, INTENDED AS THE SOLE SOURCE FOR MAKING FINANCIAL DECISIONS OR IS IT INTENDED AS FINANCIAL ADVICE. INDIVIDUALS SHOULD SEEK INDEPENDENT ADVICE IN REGARD TO THEIR PERSONAL FINANCIAL SITUATION. ALL INFORMATION HAS BEEN OBTAINED FROM REPUTABLE SOURCES AND IS PRESENTED AS GENERAL INFORMATION AND INTEREST. NO LIABILITY IS ACCEPTED FOR ERRORS OR MISINTERPRETATION OF INFORMATION AND DETAILS OF GOODS ETC. AS PRESENTED.* **Categories:** Bike Loan Tips --- ### [Your Motorbike Loan and the Federal Budget](https://www.jadebikeloans.com.au/blog/bike-loan-tips/your-motorbike-loan-and-the-federal-budget) **Published:** October 22, 2020 **Author:** Publisher **Content:** Both businesses and individual tax payers have reason to be smiling at some of the measures announced in the Federal Budget on 6 October. We’ve covered a basic overview of the some of these measures in general in another article. Now, with the Budget Bill fast-tracked through both House of Parliament by 9 October, it’s timely to examine the detail more closely. Specifically, how the budget may affect your existing and future motorbike loans with [Jade Bike Loans](/). ## **Personal Bike Loans** For wage earners the piece de resistance in the [2020/21 Federal Budget](https://budget.gov.au/index.htm) is without doubt the tax cuts which will put extra dollars into the pay packets for millions of tax payers. There are a number of aspects of the tax changes that may be of benefit to you:- - Bringing forward from 2022 to 1 July 2020 of the changes to the tax rate for two tax brackets and the possible flow-on effect to other tax brackets. This means an increase in take home for eligible tax payers with the increase varying across income levels. - Back dating of the tax cuts to 1 July 2020 (the cuts were announced on 6 October) means those eligible will receive their entitlement from the 1 July to when their employer commences paying them at the new rate after 30 June 2021. When tax payers submit their tax returns for 20/21 their situation will be reconciled. This could mean a tax refund for you. - LAMITO (low and middle income tax offset) has been extended and increased for some levels. This may deliver you an additional refund come tax time. Timing is everything with tax cuts and in this case, changes were fast-tracked through Parliament. Unlike some budget bills in the past which have taken the sitting Government some time to negotiate through the Senate, the 2020/21 Budget Bill was passed on 9 October. The ATO amended and issued the revised tax schedules for implementation from 13 October. Employers would need to update their payroll systems to the new tax schedule. ## **Effect on Bike Loans** Some may be wondering how these tax changes will impact the existing, being processed or future motorcycle loan application. We provide our take to elaborate. - **Existing bike loans:** Jade Bike Loans establishes [Secured Bike Loans at fixed interest rates](/secured-motorcycle-loans), for fixed repayments and over a fixed loan term. An increase to the borrower’s nett income as realised through the tax cuts, should have no impact on existing loans. However, borrowers can choose to pay extra on their loans if they wish. - **Bike loans being processed**: For those that applied for a loan and are awaiting approval based on wages before the tax cuts were introduced may like to update their application with their increased nett income amount. An increase in nett income may be viewed by lenders as improving your ability to a service a bike loan. - **Impending bike loan applications:** If you’ve decided to buy a bike and apply for a Secured Bike Loan post tax cuts, for eligible tax payers, your nett income should be increased, giving you increased spending. These details would be entered on your new loan application in your discussions with your Jade consultant. - **New bike purchasers:** For those that have received a tax cut and hence an increase in net wages, it might be the deciding factor to proceed with your bike purchase. You can use our [bike loan calculator](/finance-calculator) to receive rough repayment estimates on different bikes to assist with your planning. - **Pre-approved loans:** If you have arranged a pre-approved loan based on your pre-tax cut income, you may like to speak with your Jade Bike Loans consultant to see if your increased nett income will have any positive impact on the offer we have arranged for you. ## **Business Bike Finance** Business purchasing motorbikes through their business may be eligible for the extended and enhanced Instant Asset Write Off measure and/or the temporary full expensing. These measures allow eligible businesses to claim a tax deduction on the purchase price of eligible assets in the year of purchase rather than having to depreciate the bike incrementally according to ATO rulings over several years. Whether you implement this through IAWO or temporary full expensing is determined primarily by the business turnover. There are differing rulings in place for new and used assets. So if you intend to purchase your bike and take advantage of these measures, we advise you to consult with your accountant to confirm the best course of action for your business set up. Purchasing a bike with the appropriate finance product is also critical. With Chattel Mortgage the bike is entered on your balance sheet so it can be depreciated under the ATO rulings in year of purchase. Currently and up to the deadlines which extend through to 30 June 2022, that can mean realising the full tax deduction in the 20/21 or 21/22 tax years. ## **Get Moving!** After periods of shutdowns and lockdowns due to the coronavirus, many motorcycle dealers will no doubt be super keen to move stock. So with tax cuts or tax deductions in hand, now might be a great time to buy that new bike. **For a quote on a personal or business motorcycle loan just contact Jade Bike Loans at 1300 000 003** DISCLAIMER: THE DETAILS, INFORMATION, DATA AND MATERIAL PRESENTED IN THIS ARTICLE HAS BEEN SOURCED, IN FOOD FAITH, FROM REPUTABLE SOURCES IN THE PUBLIC DOMAIN. INFORMATION IN RESPECT OF GOVERNMENT ANNOUNCEMENTS*, POLICIES, PROGRAMS, MANUFACTURER’S GOODS AND SERVICES AND OTHER SUBJECT MATTER IS OFFERED FOR GENERAL INFORMATIVE PURPOSES ONLY AND NOT IN ANY WAY INTENDED AS A SOLE SOURCE FOR THE PURPOSE OF MAKING FINANCIAL DECISIONS. NO LIABILITY IS ACCEPTABLE FOR ANY ERRORS OR MIS-INTERPRETATION OF FACTS AND MATERIAL. IF A PERSON CONSIDERS THEY REQUIRE FINANCIAL ADVICE IN REGARD TO THEIR SPECIFIC AND INDIVIDUAL CIRCUMSTANCES, THEY SHOULD SEEK INDEPENDENT ADVICE FROM A FINANCIAL ADVISOR.* **Categories:** Bike Loan Tips --- ### [Interest Rate Cuts: Impact on Getting a Motorcycle Loan](https://www.jadebikeloans.com.au/blog/bike-loan-tips/interest-rate-cuts-impact-on-getting-a-motorcycle-loan) **Published:** November 12, 2020 **Author:** Publisher **Content:** Apart from the [crowd-less Melbourne Cup](https://www.canberratimes.com.au/story/6995906/crowdless-melbourne-cup-warmest-since-1969/?cs=14231) and US Presidential Election, the big news on Tuesday 3 November was the [RBA cutting interest rates](https://www.rba.gov.au/media-releases/2020/mr-20-28.html). Giving good reason for anyone thinking about applying for a motorbike loan to pay attention to what is often seen as boring financial news. What the news probably didn’t explain for you, was how the RBA rate cut might impact your current bike loan or a new bike loan. At [Jade Bike Loans](/) we’re stepping up to give you an explainer and set out the path to getting a cheap bike loan. ## **RBA Interest Rate Cut Explainer** The Reserve Bank of Australia reduced the official cash rate by 15 bases points from 0.25% to 0.1%. This is not the interest rate that applies to consumer loans such as motorcycle loans. It is the rate that banks pay essentially to source their funds. Technical banking stuff! When a rate cut is announced, it’s then up to the banks to decide if they will pass on all, some or none of that cut to their customers. It usually only applies to home mortgages. In this case, the major banks have announced that they intend to pass on the cuts to some home loan and business loan customers. On the flip side, a reduction in borrowing interest rates also means a reduction in interest earned on savings accounts. So people with funds in the bank earning very little interest may be moved to spend some of that on a down payment on something from their wish list –possibly a new bike. ## **How Interest Rate Cuts Impact Bike Loans** Following on from above, initially these cuts will not have an impact on consumer loans but at Jade, we’ll be keeping across how it may flow through to what we can offer. Interest rates have been at historic low levels of late so all our recent bike loans have been established at exceptionally favourable levels. Existing Jade Bike Loans are established at a fixed interest rate. That means, no change when interest rates change. That may seem unfair today, but when rates increase – you’re better off at your lower rate! For loans currently being processed, your Jade consultant will be sourcing the cheapest rate from across our large number of lenders. Any reductions which are passed on by any of our lenders will be reflected in the quote we achieve for you. ## **New Motorcycle Loans** If the interest rate cuts, your income tax cuts or just the desire to get a new bike has motivated you into action, we explain what you can expect. If you’ve never applied for a consumer loan before, don’t worry, your Jade Bike Loans consultant will be handling all the hard work and guiding you through the process. That’s one of the great benefits of selecting to use our broker lender services to source your loan. As licensed credit providers, we adhere to the [Responsible Lender Guidelines](https://asic.gov.au/regulatory-resources/credit/responsible-lending/) as overseen by ASIC and these are very specific in the process that must be followed in regard to consumer loans. Jade offers pre-approved bike loans so you can have your finance sorted, will know not only that you are approved but what your repayments will be on your estimated spend, before having to commit to a purchase. ## **How to Apply for a Bike Loan** - For any form of consumer finance you must be over the age of 18 and have proof of identity. A person over 18, such as parent, sibling or guardian might be accepted as a guarantor for a loan for a person under 18, subject to criteria. - You will need proof of employment/incomes and you will be required to provide information in regard to your employment history, residential status (owning/renting), your income and regular weekly/monthly expenses and details of any other debts such as credit cards or loans. Your [credit profile](https://www.equifax.com.au/sites/default/files/EFX_credit-profile-infographic.pdf) will also be assessed and reviewed by lenders. - This all forms part of the standard loan application form. Plus you will need to sign a form of consent which gives the authority to source your loan. - Plus you need to let us know what bike you’re thinking of buying or have paid a deposit on. - With all the info from you, your Jade consultant proceeds to source you a loan quote with the [cheapest motorbike finance interest rate](/motorbike-loan-interest-rates) applicable to your application. We’re not limited to just the major banks and the finance companies that you may have heard of. We have more choices, which means cheaper rates and cheaper bike loans. - When you accept the quote, we proceed to process and finalise your loan for a prompt settlement. The settlement involves the bike seller/dealer sending an invoice for the price to the lender and the lender makes the payment. All are very straightforward and streamlined. Your Jade consultant will provide you with all the info and a direct debit will be set up so your fixed repayments are deducted from your nominated bank account on the same date each month. When all repayments are made – you own the bike! **For a cheap interest rate bike loan quote, contact Jade Bike Loans at 1300 000 003** *DISCLAIMER: THE INFORMATION, OPINIONS, DATA, POLICIES, PRODUCT SPECIFICATIONS AND OTHER CONTENT CONTAINED AND EXPRESSED IN THIS ARTICLE HAS BEEN OBTAINED THROUGH RECOGNISED REPUTABLE SOURCES, PRIMARILY IN THE PUBLIC DOMAIN. LIABILITY IS NOT ACCEPTED FOR ANY ERRORS OR MISINTERPRETATION OF SAID CONTENT. THIS CONTENT IS NOT INTENDED OR PROVIDED AS THE SOLE SOURCE OF INFORMATION OR AS SPECIFIC FINANCIAL ADVICE IN REGARD TO MAKING DECISIONS BY INDIVIDUALS OR BUSINESSES. THOSE THAT CONSIDER THAT THEY NEED PROFESSIONAL ADVICE SHOULD REFER TO A FINANCIAL ADVISOR.* **Categories:** Bike Loan Tips --- ### [Not sure if you'll qualify for a bike loan?](https://www.jadebikeloans.com.au/blog/bike-loan-tips/not-sure-if-youll-qualify-for-a-bike-loan) **Published:** November 16, 2020 **Author:** Publisher **Content:** One of the biggest issues that can hold people back from pursuing their dreams is doubt. In the case of purchasing that motorcycle, the doubt may be around whether or not you will be eligible for, that is meet the criteria, to be given a bike loan. If that’s what you’re thinking, you’re certainly not alone. At Jade Bike Loans we have the experience and the expertise to assist a wide range of people secure a bike loan, at better interest rates. To ease any doubts you may have around [motorbike loans](/), we’re covering off on a number of the most popular queries, FAQs and doubts. ## **General Info** - Bikes can be finance either by private buyers under consumer finance, (personal loans) or by a business owner through a range of business finance products. - The loans for private buyers and business buyers differ. - The interest rate for business finance is lower than personal bike loans. - Both new and used motorbikes can be purchased with loans. - Every loan application received by Jade Bike Loans is addressed on an individual basis. So your specific requirements and any special aspects around your application will be treated specifically. - Individual lenders have their own specs and criteria in assessing risk and these vary from lender to lender. - Bike loans are available through banks, finance companies and broker lenders such as Jade. - Banks and most finance companies have strict loan requirements and not usually in a position to vary those guidelines. - Jade is accredited with many banks and finance companies plus non-bank lenders which can be more flexible. We have the capability to assess a large part of the bike loan market quickly and easily to source the best loan deal that meets your application requirements. - Many loans can be offered on 100% of the purchase price, that is no deposit finance. - Applying for multiple loans yourself, as in applying to several different finance companies, can impact negatively on your credit profile and create issues around getting good finance offers. - By using a broker to assess many offers circumvents issues around that process having a negative impact on your profile. - Personal loans must be offered in accordance with consumer credit laws. - Persons must be at least 18 years of age to take on a finance contract. - There is no obligation to proceed with a loan when you request a quote or by using our [motorcycle finance calculator](/finance-calculator). So giving us a call for a quick quote and to assess your options is not a problem. - If you or the bike you are purchasing do not meet the criteria for a [Secured Bike Loan](/secured-motorcycle-loans) you may consider an [Unsecured Personal Loan](/unsecured-personal-loans). - If your application is rejected based on the lender’s assessment of your ability to repay the loan based on the loan amount and your current income, consider purchasing a less expensive bike or paying a larger deposit to the seller to reduce the loan amount requested. - Pre-approved loans are available so you can go through the loan application process with Jade and know exactly what your repayments will be ahead of time. There is no obligation to proceed when you simply apply for a loan. - Jade’s role as your broker involves sourcing you a bike loan. If you require general financial advice, we recommend you speaking with a financial advisor or your accountant. ## **Going Guarantor** Where an applicant is under 18, a family member or guardian may be in a position to ‘go guarantor’ for the loan. While this may be seen as a great option for the person buying the bike, the person going guarantor should be clear on what is involved in the process including the risks. - The guarantor is responsible to repay the loan if the borrower cannot make the payments or defaults on the loan. - The guarantor is advised to approach the process in the same manner that they would if applying for a loan themselves. - Being guarantor on a loan must be listed on any loan applications that the person applies for themselves. Depending on individual circumstances, this may cause issues around being offered their own finance. - The guarantor may have to offer security by way of property or assets against the loan. - If there are issues around a loan, the scenario may damage any personal relationships. Further information on going guarantors can be found at ## **Loans for New Businesses** If you’ve just set up a new business and would like a business loan for a bike, Jade Bike Loans offers a number of options. New businesses may not have all the financial documentation that is required by the bank and many finance companies. For this type of applicant, we offer the possibility of No Docs and Low Docs loans. Low Docs Bike Loans are available for business buyers only and you must have a current ABN. The more financial records, even basic accounts, that you can provide will improve your chances of being offered a loan and the chances of us achieving a lower interest rate on the loan. Lenders may require the business owner to provide a personal guarantee against the business loan. This is a similar scenario to the information we noted above in regard to going guarantor. If you’re business can’t make the repayments, you as the business owner will likely be required to repay the loan. ## **Ways Forward** If you have any doubts around IF you would qualify for a loan, the easiest way to find out is to give us a call. You will be assigned your own Jade Bike Loans consultant who will go through all the options available for you. **To discuss your bike loan options, contact Jade Bike Loans at 1300 000 003** *DISCLAIMER: THIS ARTICLE INCLUDES SPECS, DETAILS, DATA, POLICIES AND MATERIAL WHICH HAS IN THE MOST PART, BEEN SOURCED FROM THIRD PARTY SOURCES. NO LIABILITY IS ACCEPTED FOR ANY MISINTERPRETATION OF THAT MATERIAL OR ERRORS IN PRESENTATION. THE ARTICLE IS PROVIDED AS GENERAL INFORMATION FOR READERS AND IS NOT PROVIDED WITH ANY INTENTION THAT IT BE USED AS THE ONLY SOURCE FOR MAKING FINANCIAL DECISIONS. IT IS NOT OFFERED AS FINANCIAL ADVICE AND IS NO WAY INTENDED AS SUCH. THOSE THAT REQUIRE ADVICE AROUND THEIR INDIVIDUAL FINANCIAL SITUATION SHOULD SEEK CONSULTATION WITH A FINANCIAL ADVISOR.* **Categories:** Bike Loan Tips --- ### [Compare Motorbike Loans - New Online Function!](https://www.jadebikeloans.com.au/blog/bike-loan-tips/compare-motorbike-loans-new-online-function) **Published:** December 10, 2020 **Author:** Publisher **Content:** To assist our customers make informed decisions even faster, we’ve introduced a new feature to our online bike loan services – the Compare Lenders function. At Jade Bike Loans we pride ourselves on being in a position to offer the [cheapest motorbike loans](/) based on our better interest rate policy. But we’re well aware that astute buyers will still want to shop around to check how Jade’s cheap motorcycle loan offers compete with what else is on the market. That process can take you a lot of time, and a lot of hassle and applying for multiple loans just to get quotes to compare can negatively impact your credit profile. We’ve removed that time and hassle with our Compare Bike Loans feature. This feature allows you to immediately compare the bike loans on the basis of the advertised interest rate and comparison interest rate currently being offered by a range of leading Australian lenders including Jade Bike Loans. Lenders compete fiercely across many areas of consumer finance and many bike loan decisions are powered by the interest rate being offered. Subject to the loan fees and other costs charged by individual lenders, in the main, the lower the interest rate you can achieve the cheaper your bike loan. But instead of just knowing the interest rate being charged by a bank or lender or Jade Bike Loans, you really want to know how that converts to monthly loan repayments for your bike. So instead of having to access multiple lender websites, use their loan calculators to work out repayment estimates and note the result before moving on to the next lender site, we’ve brought all that onto our Jade Bike Loans website with this new loan comparison function. While Jade does offer specific loans for motorcycles, not all banks and lenders will offer this exact loan category and you may be offered a generic consumer finance loan. ## **Lender Comparison Function: The Big Reveal!** You’ll find our ‘Compare Lenders’ function on a number of our web pages including the home page for quick access. We have compiled a list of several leading lenders who are active in the motorbike finance sector and/or are popular ‘go-to’ choices for people seeking bike loans. - The function is set out on a table format so it’s easy to see what each offers and compare the results. - Above the table, you’ll see two fields – one for you to input the loan amount and one for the loan term you want. The loan amount can be 100% of the purchase price as Jade and some other lenders do offer no deposit loans for many customers. - The loan term on consumer finance is usually 4-5 years but you may opt for less time so you pay off the loan and own your bike sooner. - In the first column is the name of the banks and lenders with Jade Bike Loans on the top, podium position. - Moving across the table, there are columns for the interest rate currently being advertised by that lender and their comparison interest rate. *(For an explanation of comparison interest rates, refer to our web page or give us a call.)* - The end column shows the repayment figure represented as a monthly amount based on the interest rate from that lender. As per the disclaimer we have attached to the function, the repayments are of course an estimate as fees and charges vary across lenders and borrowers. - The repayment figure you see is based on the interest rate of that lender for the motorbike loan amount and loan term that you have entered. - We’ve set up this function to automatically calculate the repayments. Change the term or amount and you’ll immediately see how the repayment changes. We constantly update the interest rates as offered by lenders to ensure the functionality is as current as possible. - Using this function has no obligation attached and usage is completely free. You’ll likely see that Jade Bike Loans comes up trumps with the best offer so to receive a firm quote, you simply click on the REQUEST A QUOTE and a Jade Bike Loans consultant will assist you. ## **Compare or Calculate?** If you’re a regular visitor to our website or you’ve just found us, you’ve probably noticed that we also offer a [Motorbike Loan Calculator](/finance-calculator) device as well as this new Lender Comparison function. So which one should you use? What’s the difference? - The Lender Comparison is a new addition to our loan tool kit for our customers and in some ways, an upgrade from the calculator. - With the calculator, you can vary the loan amount, loan term AND interest rate. Whereas the comparison function has the interest rates locked in. - With the calculator, you need to enter different interest rates and then note the result to compare lender offers. With the comparison function, you see multiple results in one action. - With both tools, the repayment displayed is a guide only so please read the disclaimer as it does not necessarily include all fees and charges or take into account individual aspects of your bike loan application. ## **Confirming and Securing a Jade Bike Loan** Our new compare lenders function makes it easy for you to see how Jade Bike Loans offers significantly cheaper loans than many banks and lenders. To confirm exactly what our offer would be for you and the bike you are purchasing, just give us a call or proceed to complete our online loan application. **To receive a quote for your motorbike loan contact Jade Bike Loans at 1300 000 003** DISCLAIMER: READERS ARE ADVISED THAT THIS INFORMATION AS PRESENTED IN THIS ARTICLE IS INTENDED FOR GENERAL INFORMATION PURPOSES AND NOT AS FINANCIAL ADVICE. PEOPLE NEEDING FINANCIAL ADVICE ARE RECOMMENDED TO CONSULT WITH A FINANCIAL ADVISOR TO ASSIST IN REGARD TO THEIR INDIVIDUAL CIRCUMSTANCES. INFORMATION AND CONTENT IN THIS ARTICLE MAY HAVE BEEN SOURCED FROM A RANGE OF PUBLICATIONS AND INFORMATION RESOURCES. NO LIABILITY IS ACCEPTED FOR ANY ERRORS OR *MISINTERPRETATION OF OTHER ISSUES AROUND THE PRESENTATION.* **Categories:** Bike Loan Tips --- ### [Hero or Zero Interest? The meaning of nothing.](https://www.jadebikeloans.com.au/blog/bike-loan-tips/hero-or-zero-the-meaning-of-nothing) **Published:** January 2, 2021 **Author:** Publisher **Content:** In this article, we’re going to essentially talk about nothing. Zilch, naught, nil, zero. No, we’re not mimicking that popular 90s sitcom. We’re focussing on the significance of zero in terms of motorbike loans. Explaining and differentiating the meaning of the 0 when attached to consumer finance. When is a zero a hero and simply, mmm, nothing? At [Jade Bike Loans](/) we are intent on educating our customers and all those seeking loans and finance around aspects of consumer finance. ## **0% Interest Rates Offers – Zero or Hero?** We’ve covered the topic of 0% interest rate loan offers in other articles but it is an issue worth reinforcing. 0% interest rates are often offered on consumer loans, predominantly by dealers and manufacturers. Do these offers rate a zero or hero? In our opinion, this is far more zero than hero. If presented with such an offer we strongly recommend two actions – analyse the [loan terms and conditions](https://asic.gov.au/for-consumers/loans-and-credit-cards/) and contact Jade Bike Loans for a quote to compare and for comment. 0% interest rate loans can be seen as a promotion by dealers or manufacturers looking to move stock by including their own finance options. These zero rates are usually only for a limited time after which a much higher rate or a comparable rate kicks in. Often the post-promo period rate is much higher than you could achieve elsewhere and the loan can end up attracting a much higher total interest rate cost over the full loan term. Such offers can also conceal higher fees and charges or inflated purchase prices to cover the loss of interest on the finance. ## **0 Deposit Bike Loans – Zero or Hero?** No deposit bike loans are another popularly seen offer. So what do our experts at Jade Bike Loans think – zero or hero? Well, it can be both depending on how you look at the offer. From the hero point of view, Jade Bike Loans can achieve no deposit loans meaning our customers can borrow the total price of their new bike. Great news if that’s what you’re looking for. From the ‘zero’ point of view or more like ‘nothing to see here’, lenders rarely request a deposit be paid on a loan. So a no deposit loan is usually advertised by sellers that are affiliated with a finance company. What the offer may mean is that they as sellers do not request you to pay a deposit. A deposit requested by a seller is very different from a deposit requested by a lender. There will be occasions when individual lenders will not agree to offer a loan on the full purchase price of the bike to some applicants. Remember, your Jade consultant is working in your best interests and will be negotiating with our lenders to achieve the loan outcome that you want. ## **No Fees – Zero or Hero?** All consumer loans and business finance will include some fees and charges. The lenders and brokers are entitled to be compensated for their services in acquiring and organising your loan. Typical and standard fees include loan application fees and loan management fees. The amount can vary from lender to lender and your Jade consultant will be detailing all the fees included in your loan when providing a quote. In addition to these standard fees, there are [what is known as break fees](https://www.afca.org.au/coronavirus-covid-19-pandemic-support-hub/banking-and-finance/factsheet-break-fees). This is a charge applied by the lender when a loan is paid out before the end of the loan term. On [Secured Bike Loans](/secured-motorcycle-loans) the break fees are usually minimal. On [Unsecured Loans with variable interest rates](/unsecured-personal-loans), there are no break fees. If you see an offer for no fee finance – zero or hero? As with the 0% interest rates, look at the details. The interest rate may be higher to account for no fees or the purchase price may be inflated. ## **No Hassle, No Time-Wasting Loans – Zero or Hero?** Hands-down – hero! Who wants to spend a heap of time shopping around for bike loan quotes themselves and get caught up in the hassle that may be involved in the loan process. Jade Bike Loans saves you time and hassle by sourcing you the [cheapest interest rate motorcycle finance quote](/motorbike-loan-interest-rates) from across our vast lending panel and handling the entire loan process. ## **Hero Bike Loans – Podium-Worthy** If you want a ‘hero’ bike loan, simply engage Jade Bike Loans to arrange your finance. We’re accredited credit providers and adhere to the [Responsible Lending Guidelines as set out under the consumer finance laws by ASIC](https://asic.gov.au/regulatory-resources/credit/responsible-lending/). We provide genuine cheap bike loans based on the better interest rates we can achieve courtesy of our expertise, bargaining power and extensive network of banks and lenders. Our consultants are available to provide you with a quick no-obligation quote and share their expertise and knowledge in regard to aspects and issues around bike loans and all consumer finance. If you have questions around whether or not you have been offered or are considering a zero or hero bike loan, feel free to give us a call for our expert opinion and analysis. **For a hero bike loan with zero hassle, contact Jade Bike Loans at 1300 000 003** DISCLAIMER: THE INFORMATION AND THE DETAILS WHICH HAVE BEEN INCLUDED IN THE ARTICLE IS PROVIDED AS GENERAL INFORMATION ONLY. THERE IS NO INTENTION THAT THIS BE THE ONLY SOURCE OF FINANCIAL INFORMATION *FOR THE READER. IT IS INTENDED AS GENERAL IN NATURE. IF A READER CONSIDER THEY REQUIRE FINANCIAL ADVICE AROUND THEIR OWN PERSONAL FINANCES, THEY ARE DIRECTED TO CONSULT WITH A FINANCIAL ADVISOR. NO LIABILITY IS ACCEPTED FOR ANY ERRORS OR MISREPRESENTATIONS OF DATA, FIGURES, FEATURES AND INFORMATION AS SOURCED FROM OTHER SOURCES SUCH AS MANUFACTURERS OR GOVERNMENT DEPARTMENTS AND AUTHORITIES.* **Categories:** Bike Loan Tips --- ### [Cheap Loans for those New Year Resolutions](https://www.jadebikeloans.com.au/blog/bike-loan-tips/cheap-loans-for-those-new-year-resolutions) **Published:** January 8, 2021 **Author:** Publisher **Content:** It may have been made in the euphoria of a great NYE moment, on reflection of last year’s lost opportunities and regrets or something you’ve wanted for a long time and you’ve decided NOW is the time to make it happen. Whatever the background behind your New Year resolutions [Jade Bike Loans](/) could be your first call to turning those resolutions into reality, intentions into actualities and put your plans into practice. What do we have to offer? What bikes do we finance? How much will a loan cost? How do I apply for a bike loan? We answer your questions to put you another few steps closer to owning your new motorbike. ## **The Jade Secured Motorbike Loan** Our [Secured Motorbike Loan](/secured-motorcycle-loans) is the most commonly used loan for all our motorbike customers. This loan follows a standard finance format which applies to many consumer loans. - The bike is used as security by the lender for the money advanced. If the borrower defaults on the loan by failing to meet the agreed repayment schedule, the lender holds the right to repossess the bike. - When the borrower makes all the repayments, and finalises the loan, the lender releases the security over the bike. - Jade set up the loan at our [cheap motorcycle finance interest rates which are fixed for the full loan term](/motorbike-loan-interest-rates). - The fixed interest rate means the monthly repayments are also fixed and equal. You pay the same amount on the same date each month for the full loan term. - You can make additional payments if you wish. This would mean paying off the loan earlier. Break fees will apply when a loan is paid out early. - No deposit loans are available, subject to individual lenders guidelines and [assessment of your credit profile](https://www.equifax.com.au/sites/default/files/EFX_credit-profile-infographic.pdf). - Pre-approved loans are available with no obligation to proceed. ## **Bike Loan Eligibility** The requirements for a bike loan are in brief:- - Being over the age of 18. If you are under 18 you will need an over 18 person to be approved as a guarantor for your loan. - You will need an income by way of employment. - You will need [full identification](https://www.qld.gov.au/transport/licensing/driver-licensing/identity) as is required when applying for finance. - You don’t have to have a motorbike licence. A range of financial information is required which we have listed below. ## **Loans for All Types of Bikes** Whether your new bike purchase is to add another Hog to your collection, your primary mode of transport for work, a weekend vehicle for recreation, a bike for that bucket-list tour or a general urban commuter to ditch the traffic, Jade Bike Loans has you covered. Our same bike loan offering is available for all types of motorcycles including adventure, cruisers, touring, off-road, naked bikes, sports bikes, enduro, motocross and racing bikes. The same loan features and loan application process applies regardless of the bike being purchased. We also provide loans for LAMs bikes but the loan must be made by a person over 18. ## **Estimates and Comparisons** Next step towards realising the New Year resolution of bike ownership is the selection process and for many that can be a price-based issue. To assist you, we’ve provided a range of self-serve loan resources. Our [motorcycle loan calculator](/finance-calculator) allows you to quickly and easily compare estimated repayments on any or many you’re considering. Simply enter the amount of the bike in the loan amount field. This can be the total price or the price less any deposit or trade-in that you’re choosing to make. Then enter the number of years you would like to repay the loan. The usual loan terms for consumer loans is 4 years. The interest rate is the consumer interest rate we are currently advertising, not the comparison interest rate. The comparison rate is different but very important when comparing loans from different lenders. (Read more about interest rates on bike loans in our web page content and our articles.) The result displayed is the estimated monthly repayment. We stress the estimate as it doesn’t include loan fees and charges. But it can give you a great indication and it is fantastic for seeing the variations in repayments across different priced bikes. To get a confirmed quote, simply contact us for a quick quote. ## **Applying for a Bike Loan** All the above done, it’s time to actually do something about that resolution by applying for your loan. At Jade Bike Loans we make that as easy and streamlined as possible while adhering to the [Consumer Credit Laws](https://www.legislation.gov.au/Details/C2019C00053) that apply to credit providers such as Jade. You can apply via our online form or just give us a call and apply over the phone. You will need:- - Proof of ID and income, eg payslips - Details of other assets that you own and what you owe in other loans and commitments including credit cards. - Details of regular expenses and costs of living. - Other information which your Jade consultant will go through with you. While it may appear detailed, it is all in accordance with the law. Note there is no obligation to proceed with the bike loan by simply making a loan application. Your Jade consultant does all the hard work in sourcing you the cheapest loan quote from across our lenders. On acceptance of the quote, bingo, we process the loan and handle the paperwork. Saving you time and a whole lot of hassle. When it’s time for settlement, that’s when the money is actually paid to the bike dealer, your Jade consultant liaises with the lender to handle that also. So now you have the information, it’s time to make reality of those resolutions! **For a quote on your New Year bike ownership resolution, contact Jade Bike Loans at 1300 000 003** *DISCLAIMER: THIS INFORMATION HAS BEEN PREPARED FOR THE PURPOSE OF GENERAL INFORMATION AND IS NOT INTENDED AS FINANCIAL ADVICE OR THE ONLY SOURCE FOR THE PURPOSE OF MAKING INDIVIDUAL FINANCIAL DECISIONS. IF A READER CONSIDERS THAT THEY REQUIRE ADVICE ON THEIR FINANCIAL SITUATION, PROFESSIONAL ASSISTANCE AND ADVICE SHOULD BE SOUGHT FROM A FINANCIAL ADVISOR. NO LIABILITY IS ACCEPTED FOR ANY MISINTERPRETATIONS OR ERRORS IN DATA, CONTENT AND INFORMATION AS SOURCED FROM OTHER PARTIES. THE INFORMATION PRESENTED IS FOR GENERAL INFORMATIVE PURPOSES AND READERS ARE ADVISED TO FOLLOW UP INDEPENDENTLY.* **Categories:** Bike Loan Tips --- ### [How to Get a 2021 Model Motorcycle Loan](https://www.jadebikeloans.com.au/blog/bike-loan-tips/how-to-get-a-2021-model-motorcycle-loan) **Published:** February 16, 2021 **Author:** Publisher **Content:** The flag has dropped on the 2021 motorcycle year and the contenders are already in a race to win their share of the market. New models have been released by several motorbike manufacturers and many of the rest are ready to launch. It’s set to be a massive year as the industry races to make up for a lot of lost time in 2020 due to the effects of coronavirus. Especially the effects felt strongly throughout Europe where many motorcycle manufacturers are based. Are you keeping up with the pace? Made your plans to get that new motorbike this year? Checking out the new models? Just thinking about it doesn’t actually make it happen, you do need to do something. So what’s holding you back from making that motorbike purchase? If you’re worried about being embarrassed by not being across [motorcycle loans](/) or you’re worried you’ll embarrass yourself by not being eligible for a loan – just forget all that. Jade Bike Loans is totally non-judgemental with our customers. We don’t expect everyone to know everything about the lending scene, that’s why we exist. Engaging Jade as your lender is a great way to go if you do hold any fears, doubts or worries or even if you know exactly what you want. If not knowing what’s involved is holding you back, we’re providing this simple explainer boosted with our expert tips and hints. Info designed to bring you up to speed and put you in the right gear, or at least the right knowledge space, to get you to the starting grid with your motorbike loan. ## **The Basics** Let’s start with some basic info about motorbike loans. You have to be over 18 years of age to take out a consumer loan. That’s a legal provision and is the same for all banks and finance companies, not just Jade. If you’re under 18 and want to buy your own bike, you can consider asking someone to go guarantor for you. You don’t have to have a [motorcycle licence](https://www.qld.gov.au/transport/licensing/motorcycles/getting) in order to be eligible for a motorcycle loan. We provide loans for learners and for [LAMS bikes](https://www.qld.gov.au/transport/licensing/motorcycles/learner-approved). Speaking of types of bikes, we provide loans for pretty much all types of motorcycles – adventure, touring, cruisers, trail, off-road, etc for all major motorcycle brands. Motorbike loans are available through banks and finance companies. Not all might offer a specific bike loan category and may offer a more general personal loan. You have the choice of DIY – applying to the bank/lender yourself, or using a broker-style lender like Jade Bike Loans to handle the entire loan process for you. Now that’s a no brainer. It saves you time and provides the benefit of being able to source loan offers from multiple lenders to get the cheapest without that ‘get a heap of quotes to compare’ process impacting your credit profile. The most commonly used type of loan for motorcycle purchases is the [Secured Bike Loan](/secured-motorcycle-loans). This suits most bikies and most borrowers. The format follows a widely accepted structure in that the motorbike is used as the collateral or security for the loan and borrower repays the lender in equal monthly payments over the fixed term of the loan. ## **For the Advanced** Basics covered, we’ll get into some of those more in-depth questions that may be lingering in your mind. - What will the interest rate be? We have prepared a [motorbike loan interest rate](/motorbike-loan-interest-rates) comparison chart so you can easily see the rates being offered by a number of lenders. Our Jade interest rate is shown and that is based on a good credit profile and other criteria. Meet the loan criteria and that could be the rate for your bike loan. At least you can use our lender comparison chart as a guide. - What will my loan repayments be? Head to either our lender comparison calculator or our [bike loan calculator](/finance-calculator) and find out. We’ve provided these resources so customers can receive an immediate rough estimate on repayments. Just input data about your loan and you’ll see the rough estimate. Great way to compare different priced makes and models when you’re unsure if you can afford to step up a grade. - What do I need for the application? Your Jade consultant will give you all the specifics but to get started you’ll need: ID; proof of employment and employment history; income verification so get those payslips ready; details of your residential situation – own/rent etc; details of your ongoing weekly/monthly expenses so start jotting them down; details of other assets, that is things you may own such as another bike, a car, boat or other property; and specifics of loans and other debts you have including credit cards. And of course information about the motorbike you are planning to buy or have already committed to. - How does the loan process work? We make it very easy. You can apply over the phone or use our online application form. Your Jade consultant will source you a loan quote and if you accept that, we process your application, assist you with the paperwork and even sort out a settlement with the motorcycle dealer. For more Q&A content, head to our FAQs sections where we’ve addressed a whole heap of questions around motorcycle loans and review our other articles. ## **From here, it can be a sprint lap to the finish.** Select your bike and give us a call and you’ll be on your way. We even offer pre-approved loans so you can be sorted before committing. Now, keep an eye on our articles for news of more 2021 model releases. **For more information or to request a motorcycle loan quote, just contact Jade Bike Loans at 1300 000 003** *DISCLAIMER: THE INFORMATION PRESENTED IN THIS ARTICLE IS NOT INTENDED AS THE SOLE BASIS FOR INDIVIDUALS TO MAKE FINANCIAL DECISIONS. THOSE THAT REQUIRE ADVICE OR GUIDANCE IN REGARD TO THEIR FINANCIAL DECISIONS SHOULD CONSULT WITH AN ACCOUNTANT OR FINANCIAL ADVISOR. THE INFORMATION AS DETAILED IS BASED ON DATA, SPECS AND REFERENCES AS SOURCED FROM A RANGE OF SOURCES AND LIABILITY IS NOT ACCEPTED FOR MISINTERPRETATIONS, MISREPRESENTATIONS OR ANY ERRORS IN THE CONTENT. THIS ARTICLE IS FOR GENERAL INFORMATIVE PURPOSES ONLY.* **Categories:** Bike Loan Tips --- ### [Borders Open, Riders Ready, Apply Now: Loans for Touring Motorbikes](https://www.jadebikeloans.com.au/blog/bike-loan-tips/borders-open-riders-ready-apply-now-loans-for-touring-motorbikes) **Published:** February 26, 2021 **Author:** Publisher **Content:** For many people the re-opening of state borders in response to the COVID-19 pandemic is great news for those keen to head interstate by many modes of transport – air, road, rail, water. For motorcycle riders it can represent – freedom! More highways and backroads to explore, regions to discover and in general, way more riding options and excuses to get on your motorbike and just GO! Travelling and touring on a motorcycle can be an exciting experience and a very comfortable experience if you have the right bike. If you’re looking at a map plotting possible rides but also looking at your current bike and thinking, no, it’s not quite right, then let’s talk touring bikes and motorcycle loans. [Jade Bike Loans provides cheap loans for all types of motorcycles](/) and the touring category has many options to cover a range of rider skills and styles. So what comes first – motorcycle or loan? That’s one decision you don’t have to make as you can apply for a pre-approved Jade motorbike loan before you decide on a bike, during your selection and test ride process or after you have committed to a purchase. ## **Touring Motorcycle Selections** The [new bike release news for 2021](/blog/bike-buying-articles/new-motorbike-models-announcements-continue) is amazing with a heap of brands lining up to release their new models across multiple categories into the Australian market. New bike buyers will have a lot of fun test riding and assessing their options in the months ahead. Selecting a motorbike loan does not require as much time and hassle but will get to that later. First for the bikes. We don’t like to show favouritism with suggesting bikes as we highly regard the full range of motorbike makers. So we’ve checked out a few sources to offer you some suggestions as to which touring bikes you may like to consider. The price range on touring bikes can be wide. To simplify the process of thinking of bike prices in terms of motorcycle loan repayments, we’ve provided our [motorbike loan calculator](/finance-calculator). It’s free to use and you can use it, obligation-free, for as many models as you are considering. So keep the calculator web page open while you’re browsing bikes online. And have access to the calculator on your phone when you’re at the dealership talking price – top tip! - [Harley-Davidson](https://www.harley-davidson.com/au/en/index.html), enough said? For many, the Hog is THE touring bike of all times. Featuring in films such as Easy Rider and many others, this badge could be considered as synonymous with motorcycle touring. The Harley range of touring bikes is quite extensive and covers a wide range of price points. Top of the range price-wise is the CVO and for those with a smaller budget, check out the Heritage Classic. - [BMW Motorrad](https://www.bmw-motorrad.com.au/en/home.html) is another brand that just seems to go with the idea of touring over long distances. The range of BMW tour bikes include R 1250 RT, a number of K 1600 variants and the very impressive looking K 1600 B Grand America. No doubt it will be just as ‘grand’ in Australia as the US. Designed for riding pleasure and utmost comfort when cruising, worth a look, just saying. - [The Indian Roadmaster collection](https://www.indianmotorcycle.com.au/roadmaster/) is a very impressive collection of touring motorcycles. You have the choice between the Roadmaster, Dark Horse and Limited models. These rides have the features and specs to handle long cruising days and present as affordable options with their price points. Space for a passenger and 140 litres of cargo space make this one for the serious consideration list. - [Triumph Motorcycles](https://www.triumphmotorcycles.com.au/) have a number of new models due for release in 2021. For touring, check out the Rocket collection. The 3 GT models is built for touring, with performance and features for comfortable all-day cruising. So get cruising the selections to decide which motorcycle will be your touring companion. ## **Motorcycle Loan Selection** When it comes to your motorbike loan, there aren’t a lot of decisions for you to make, if you don’t want to that is. That’s not to say you don’t have the choice of many lenders to ensure you get the cheapest deal. It just means that by going with Jade Bike Loans you’re not the one that has to spend a whole heap of time trawling the bike loan market to get quotes and offers to consider and compare. First up, we’ve set out a lender comparison chart so you can see exactly what banks and lenders are offering what interest rate for motorbike loans. Yes, Jade Bike Loans is achieving cheap rates, so the decision is done. Our business model works on using our accreditations with multiple banks and lenders to assess the lending market to find the cheapest deal at that point in time for our individual customer profiles. So we do the hard work of assessing the loan offers and present you with the cheapest offer. Our Secured Bike Loan is the commonly-used loan and with this, we include: - No deposit finance - Quick quotes - Pre-approved loans - Fast approvals - Prompt settlement So on what bike are you going to cross which interstate border first? Get moving on your touring bike purchase by applying online or give us a call for a loan quote. **To apply for a loan on a touring motorcycle, call Jade Bike Loans on 1300 000 003** DISCLAIMER: PLEASE NOTE THAT THIS INFORMATION IS PROVIDED PURELY AS A GENERAL INFORMATIVE ARTICLE AND IS NOT INTENDED AS A SINGLE SOURCE FOR MAKING FINANCIAL DECISIONS. THOSE THAT CONSIDER THEY REQUIRE ADVICE IN REGARD TO THEIR FINANCIAL SITUATION ARE ADVISED TO REFER TO A FINANCIAL ADVISOR. NO LIABILITY IS ACCEPTED FOR ERRORS OR MISINTERPRETATIONS IN THE DATA, FIGURES, DETAILS *AND OTHER INFORMATION AS SOURCED FROM OTHER SOURCES.* **Categories:** Bike Loan Tips --- ### [Last Minute Motorcycle Loans for Easter Touring](https://www.jadebikeloans.com.au/blog/bike-loan-tips/last-minute-motorcycle-loans-for-easter-touring) **Published:** March 5, 2021 **Author:** Publisher **Content:** You may have been thinking about it all year, yearning for ‘that’ time when you could get away, planning that Easter escape. But all that thinking and dreaming and possibly procrastination or just life getting in the way has meant little action has happened on buying that new bike front. Well, alert – [Easter and the autumn holiday season](https://www.tropicalnorthqueensland.org.au/seasons/autumn/) is fast approaching. Update – last minute motorcycle loans can be arranged through Jade Bike Loans. Many people put stuff off because it appears too hard. Too daunting, not enough time to fit it in, don’t know where to start. If you’ve been doing that with buying your new bike because sorting out a motorbike loan seemed too hard, time to rethink. It’s not and it doesn’t take that long. ## **Step 1 Preparation** OK, so no one really likes the stuff you have to do before you get to do the good stuff, ie what you’re really want to do. But if you’re after a last minute [motorcycle loan](/) to buy a bike for an upcoming road trip with your friends, a bit of prep is worth it. You can put in a call to Jade Bike Loans before you do anything else, including decide on a bike. In fact, it’s highly advisable to get the loan ball rolling. The bike buying process and the loan process can happen simultaneously to speed up arriving at the ownership destination. In order to complete the loan application, as is required under the consumer credit laws, your Jade consultant will require information and details from you in regard to: employment, residential, income and expenses. For many that is a deal too far. But with most records online, even if you are not the organised type that keeps receipts and payslips, you should be able to download a lot of what is required. Bank account statements and MyGov for wages details are a good place to start. So get all that underway. ## **Step 2 Convert Bike Prices to Loan Repayments in an Instant** Browsing bikes online and accessing pricing is easy, no doubt you’re all over that. We’ve provided [bike loan calculators](/finance-calculator) so you can instantly convert that pricing into repayment estimates. Just enter the amount of the bike, the term you want to repay the loan (usually 4-5 years) and an estimated repayment will be displayed. Great tool for deciding exactly which bike is doable for your budget. ## **Step 3 Quick Bike Loan Quote** Calling a bank or finance company can entail waiting on hold endlessly only to be transferred to another department and … waiting on hold. With Jade Bike Loans, our consultants don’t face those delays. Across our lender network, we enjoy priority industry access when arranging loans for our customers. Our research and analyst team stay across the market so we know at any one time, which lender is offering the [cheapest interest rates on motorbike loans](/motorbike-loan-interest-rates) and our consultants know which lenders will best suit your loan profile. This allows us to provide our customers with quick motorcycle loan quotes as our standard operating procedure. BTW: if you’re requesting a quick quote and need a loan in hurry, there is no surcharge for express service. In the delivery of many services and goods across many sectors, buyers are charged a premium if they want the goods faster. With Jade, you receive the same cheap interest rates and the same high quality expertise regardless of how long you have to arrange your loan. ## **Step 4 Fast Bike Loan Application Approvals** The quote is one stage, then you have to accept the quote. On your OK, your consultant moves it up a gear to have your application fully approved. This can be based on the purchase of a specific bike and at a price you’ve agreed with the seller or as a [pre-approved secured motorcycle loan](/secured-motorcycle-loans) based on your estimate of what you intend to spend. ## **Final Step Settlement and Ride Away** Approvals done and now for the final step. You put your Jade consultant in touch with the bike dealer and we organise payment of the invoice (the cost of the bike) by the lender. This stage is known as settlement. Once the dealer has received payment from the lender, which can happen very quickly with electronic banking, you get the keys to the bike. ## **Clock’s Ticking……** While you were reading this article it is now several minutes closer to the time scheduled for that motorcycle touring holiday. Time to get started on applying for a motorbike loan with Jade Bike Loans. Fast service, personalised attention and quick quotes are all part of our lender service so we’re the people for last minute bike loans. Make the call, send the request form online and be on your bike asap. **For quick motorbike loan service, call Jade Bike Loans on 1300 000 003** *DISCLAIMER: THE INFORMATION IN THIS ARTICLE IS PREPARED SOLELY FOR INFORMATION PURPOSES AND IS NOT INTENDED AS FINANCIAL ADVICE OR AS THE SOLE BASIS FOR MAKING FINANCIAL DECISIONS. THOSE REQUIRING ADVICE SHOULD CONSULT A FINANCIAL ADVISOR. NO LIABILITY IS ACCEPTED FOR ANY MISREPRESENTATIONS OF PRODUCTS, POLICIES AND INFORMATION OR ERRORS IN THE CONTENT AS REFERRED FROM OTHER SOURCES.* **Categories:** Bike Loan Tips --- ### [What could proposed lending law changes mean to your motorbike loan?](https://www.jadebikeloans.com.au/blog/bike-loan-tips/what-could-proposed-lending-law-changes-mean-to-your-motorbike-loan) **Published:** March 12, 2021 **Author:** Publisher **Content:** Changes to consumer lending laws are a step closer to being passed into law but still face the hurdle of being passed by the Senate. As this issue is likely to get a lot of media attention in the lead-up to the crucial vote, we cover off on what is involved and what the changes may mean to your bike loan application. First, roll back to 2020 and the Federal Government’s response to the [economic impacts of the COVID-19 pandemic](https://www.abs.gov.au/articles/measuring-impacts-covid-19-mar-may-2020). The Treasurer, Josh Frydenberg, identified the more efficient flow of credit as a way to stimulate the economy. This was primarily focussed on loans to small businesses and home loans but as the [National Consumer Credit Protection Act (2009)](https://www.legislation.gov.au/Details/C2017C00196) covers most types of consumer loans, it would include motorbike loans. The existing laws around how lenders assess loan applications were seen as complex and overly time-consuming and in the case of some loans, increasing the costs involved. Some processes were seen as being duplicated. Specifically, around how discretionary spending is assessed by lenders. As a licensed credit provider, Jade Bike Loans must adhere to the law in assessing motorbike loan applications. The changes to the laws, in basic principles, move the onus from the lender to prove the applicant can meet their loan commitments more to the applicant to take that responsibility. ## **Making the Change** The process involved in changing such laws involves a number of Federal Parliamentary stages which have been ongoing over recent months and on 12 March 2021 reached the final stages. The Treasurer presented the Bill to change the laws to the ‘House’ (Parliament) in 2020 and that signalled the start of the consultative process by a Senate Committee. The Senate Committee has been holding hearings to receive and consider submissions from stakeholders including banking and lending industry bodies and consumer advocate groups amongst others. While not a unanimous decision with Labor and Greens Senators dissenting, the [Senate Economics Legislation Committee](https://www.aph.gov.au/senate_economics) handed its report down on 12 March 2021 with the recommendation that the Bill entitled “National Consumer Credit Protection Amendment (Supporting Economic Recovery Bill 2020” to be passed with no significant changes. One of the submissions which some have noted of significance in this decision was that of the [Australian Banking Association](https://www.ausbanking.org.au/) which noted that the reforms meant less paperwork and less time in applications for the borrowers while lenders would not conduct less scrutiny of applications. The next stage of the process is the debate in the Senate itself. While the coalition Government holds the balance of power and hence the votes for their Bills in the House of Representatives, it does not hold the balance of power in the Senate. So it will come down to securing support from sufficient of cross-benchers for the reforms to pass into law. The Treasurer originally slated 1 April 2021 for these changes to become law. The next few weeks will hold the key and many will be keenly watching to see how the legislative process plays out. ## **What this means to motorbike loan applicants** The importance to our [Jade Motorbike Loans](/) customers is clear – what does this all mean for me? We offer fast approvals and prompt settlement of loan applications already, so how could this change how we handle your loan application? If adopted, it should result in less detail having to be included in a loan application form which will mean less time and effort for the applicant. As the Banking Association mentioned in their submission, currently there is a focus and reliance on an assessment of the discretionary spending behaviour of the applicant. They see the reforms as changing that to focus on the income and the debt levels of applications. So what is discretionary spending? That’s how you spend your money after you’ve paid your necessary and essential living costs. The argument ‘for’ the change is primarily focussed on that borrowers can and do change their lifestyle and spending habits, where necessary, to repay new loans. For example, your current discretionary spending may include several nights a week out for dinner with friends with a big tab. If you took on a motorbike loan, you could easily adjust those plans to say just 1-2 nights out at a less expensive venue so you had more money to cover your bike repayments. As a licensed credit provider and responsible lender, Jade Bike Loans adheres to the consumer laws which is why our consultants must request a range of details and information in the motorcycle loan application process. ## **Moving Forward** If you have recently submitted a motorbike loan application through Jade Bike Loans, your application will be assessed under the existing Consumer Credit Laws. Any applications made after any reforms are introduced will be assessed by our lenders based on the new framework. While our consultants work hard to ensure fast approvals, if you are looking to secure a loan for say an upcoming limited edition bike or you’re starting the selection process, we highly recommend a pre-approved motorcycle loan. This involves commencing the application process prior to making a final purchase decision. We’re staying across developments and will be posting updates when any reforms to consumer laws which affect our customers are introduced. **To discuss applying for a motorcycle loan call Jade Bike Loans at 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *PRESENTED PURELY FOR GENERAL INFORMATIONAL PURPOSES FOR MOTORBIKE BUYERS AND THOSE SEEKING MOTORCYCLE LOANS. THIS IS NOT INENDED AS THE SOLE SOURCE OF INFORMATION FOR FINANCIAL DECISIONS. IF SPECIFIC ADVICE IS REQUIRED AROUND FINANCIAL DECISIONS, READERS SHOULD SEEK THEIR OWN FINANCIAL ADVISOR.* **Categories:** Bike Loan Tips --- ### [Securing a Bike Loan for an EOI](https://www.jadebikeloans.com.au/blog/bike-loan-tips/securing-a-bike-loan-for-an-eoi) **Published:** March 18, 2021 **Author:** Publisher **Content:** The usual approach to arranging a loan for a new motorcycle is to contact a lender and apply after deciding on the bike and agreeing on a purchase price with the dealer and even possibly paying a holding deposit and signing the purchase contract. Alternatively, and a very smart option is to contact a lender before committing to a purchase and arranging a pre-approved loan. At [Jade Bike Loans](/) we see this as a very practical approach to the motorbike purchase process. But what do you do or what can you do if the bike is not actually available at that time to buy? What if it is to have limited availability and the manufacturer is calling for EOI – expressions of interest? This is the current situation with the upcoming release of the [Honda CMX1100 Rebel](https://motorcycles.honda.com.au/en/models/onroad/street/cmx1100) which is due to arrive in the Australian market in the latter part of April. Honda has advised that the launch of this particular new model will be a ‘staged release’ and those buyers that are interested will need to submit an expression of interest on the company’s website to secure a bike. How does applying for a motorcycle loan with Jade Bike Loans actually work with submitting an EOI? We’re addressing that question and taking a look at some of the specs of the all new Honda Rebel in this article. Let’s check out the Rebel first. ## **New 2021 Honda Rebel** The new Honda CMX1100 Rebel is reportedly packed with new technology which represents a major uptick in tech for this bike category. This is a 1084cc powered machine with the same parallel twin engine as in the Honda Africa Twin. It’s fuel-injected, liquid-cooled, 8 valve and compliant with Euro 5 standards. The tech features include electronic cruise control, 6 speed manual transmission on the Rebel or 6 speed DCT on the Rebel DCT model plus ride by wire throttle. The DCT transmission features gear shifting via controls on the handlebars or selecting the full auto mode. ABS brakes, the company’s ignition security system and LED lighting are also include in the tech roll-out. Once the Rebel arrives, buyers will have a range of accessories – Street and Tour – to select. With pricing yet to be revealed, buyers may be comparing this Honda Rebel to others in the middleweight cruiser class such as the [Yamaha Bolt](https://www.yamaha-motor.com.au/products/motorcycle/road/sport-heritage/bolt-r-spec), [Kawasaki Vulcan 900](https://kawasaki.com.au/shop/motorcycles/cruiser/2021-vulcan-900-classic/) or Suzuki Boulevard when deciding whether to proceed with a purchase. But those riders that want to be the first in their group to have the latest model, especially one that is loaded with the latest tech, proceeding to lodge an EOI for a Honda Rebel will be the priority. So how do you go about getting a loan via an EOI? ## **Securing a Loan** The first step for most buyers is to have some indication of what their repayments may be on the bike they are considering submitting an EOI for. With reports naming the Rebel rivals as we’ve noted above, then that could be a good price range to work from. Refer to those manufacturer or dealer prices and use that as a guide to what you may expect when Honda releases the price for the Rebel. Next, head to our [Motorbike Loan Calculator](/finance-calculator) or our Lender Comparison Calculator. Both calculate rough estimates but the Lender Comparison shows the different interest rates and loan options offered by several major banks and lenders, including Jade Bike Loans. Enter the amount you expect you will be paying for the Honda Rebel and your preferred loan term. Achieving no deposit loans is possible so you can apply for a loan to cover 100% of the purchase price of the motorbike. The device automatically calculates the repayment estimate according to the data you have entered. If you’re thinking of buying some optional accessories with the bike, add a little extra onto the loan amount to cover those costs and see how the repayments may vary. If you’re happy with the repayment estimate which is displayed for Jade’s cheap interest rates on motorcycle loans, contact us for a confirmed quote. For those wanting confidence that their loan would be approved and sorted before submitting an EOI, your Jade consultant can proceed to arrange a pre-approved loan. A pre-approved bike loan would suit the purpose of submitting an EOI for an upcoming model release. This process involves having your loan application assessed and processed through to being approved for the loan amount you’ve estimated. You’ll know what repayments you’d have on that amount, know your loan was approved and therefore have the confidence to proceed to submit your EOI. If for some reason you change your mind when the bike is finally available, there is no obligation to proceed with the pre-approved bike loan. It will have a validity period which you will be advised by your Jade consultant. ## **Secured Motorbike Loan** A pre-approved motorbike loan would typically be arranged for a Secured Bike Loan. This is the most commonly used loan type for those buying motorcycles for their private use. This loan type features:- - [Cheap interest rate on Motorbike finance](/motorbike-loan-interest-rates) which is fixed for the fixed loan term - The bike is used as security against the loan - The repayments are fixed With Honda Rebel stocks set to be limited, the quicker you submit your EOI based on a pre-approved Jade bike loan the better. **To discuss applying for a pre-approved motorcycle loan to submit an EOI on a Honda Rebel call 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 ARE *PRESENTED PURELY FOR GENERAL INFORMATIONAL PURPOSES FOR MOTORBIKE BUYERS AND THOSE SEEKING MOTORCYCLE LOANS. THIS IS NOT INENDED AS THE SOLE SOURCE OF INFORMATION FOR FINANCIAL DECISIONS. IF SPECIFIC ADVICE IS REQUIRED AROUND FINANCIAL DECISIONS, READERS SHOULD SEEK THEIR OWN FINANCIAL ADVISOR.* **Categories:** Bike Loan Tips --- ### [Do motorbike bike loans differ with different bikes?](https://www.jadebikeloans.com.au/blog/bike-loan-tips/do-motorbike-bike-loans-differ-with-different-bikes) **Published:** March 26, 2021 **Author:** Publisher **Content:** Earlier in the year we posted a blog on what [new motorbike models were due to be released this year](/blog/bike-buying-articles/new-motorbike-models-announcements-continue). As we are now a quarter of the way through 2021, we think it’s time for a quick update on what eager buyers may still be awaiting arrival into the Australian market in coming months. But before we whet your appetite with new motorcycles, first we address a question, or a few questions, around motorcycle loans. After all, most buyers will be seeking a motorbike loan to enable them to make their purchase. Purchase decisions are based on a range of personal factors but may also be influenced by the loan you can achieve to buy the bike. There are a wide range of different motorcycles available – adventure, touring, off-road, bobber, cruisers, racers and more. But at [Jade Bike Loans we essentially offer only the one type of loan for the purchase of motorbikes for private use – the Secured Bike Loan](/). So it’s not surprising that some riders may wonder, what, if anything, differs with our loan for different bikes? Is a motorcycle loan different for different types of bikes or different makes and models? Are loans different for learner riders compared with loans for experienced riders? Most importantly, buyers may want to know if their choice of bike is going to cost them more with their bike loan. That could be a major influencer. **Motorcycle Loan Specs** The Jade Secured Bike Loan is a versatile type of loan which follows a pretty much universally accepted secured loan format. The motorbike is put up as security against the loan and the borrower repays the loan in equal monthly instalments. We arrange [our motorcycle loans at our cheap interest rates which are fixed, over a fixed loan term so the repayments are fixed](/motorbike-loan-interest-rates). This format does not differ, regardless of the type of bike being purchased or the riding experience and capabilities of the borrower. Our advertised interest rate is also standard across all types of new bikes and riders subject to individual lender requirements. You must of course be over the age of 18 to take on consumer credit and you need to have a job/income. You don’t need to have a motorcycle or driver licence to apply for a loan. The variable factors can come with the differences with loan applications. Each loan application is assessed on an individual basis by your Jade consultant. People have different circumstances, different income levels, varying debt/asset ratios and different credit histories. The terms and conditions around a loan can vary depending on individual aspects of the application. If a lender has doubt over a person’s ability to meet the commitments of a loan for the amount requested, they may ask that the loan amount be reduced, ie a deposit paid. But where all the boxes are ticked to our lender satisfaction, we can achieve cheap interest loans at the terms that our customers are seeking. To ensure that your Jade consultant can achieve you the cheapest interest rates as well as the loan terms and conditions that you want, applicants can prepare their documents with all boxes ticked and have a [good credit profile](https://www.experian.com/blogs/ask-experian/credit-education/score-basics/what-is-a-good-credit-score/). If you think you may have issues with credit, it could be worth requesting a copy of your credit report and addressing any issues that may appear in it. Some ‘issues’ are only removed when requested not always automatically after a certain time period. Your Jade consultant will be assisting you with the paperwork for you loan and doing all the loan sourcing, talking to our lenders to get you the cheapest deal and of course, negotiating with lenders on the all-important cheap interest rates. So cheap bike loans are real possibility regardless of the bike, so which new bike are you going to buy? New riders will need to look for LAM models (learned approved model) such as the Ducati Monster 659. The low seat height is seen as particularly suited for learners and riders of smaller size. Experienced riders have their choice from the amazing makes and models available in Australia. The decision may come down to favourite brand, your style of riding, where you ride or it could be narrowed down to the dollars, if budget is a serious consideration. When checking out different bikes, just enter the purchase price into our Jade Bike Loan Calculator for a quick estimate of possible repayments. **Still to come in ’21….** After a brand new model? Here are just a few of the makes and models due in Australia through the first quarter of 2021 - [Aprilia RS 660](https://www.aprilia.com/en_EN/models/rs-660/) - [BMW R nineT](https://www.bmw-motorrad.com.au/en/models/heritage/rninet.html) - [Honda CBR 600RR](https://motorcycles.honda.com.au/en/models/onroad/supersport/cbr600rr) - Honda GL 1800 - [KTM 690 Enduro and SMC](https://blog.ktm.com/street-or-dirt-the-new-ktm-690-smc-r-ktm-690-enduro-r/) - Triumph Trident, Tiger and Speed Triple - Yamaha MT 09 We do offer pre-approved loans, so you are welcome to get in touch and start talking motorcycle loans with a Jade consultant whenever you’re ready. **For a loan quote to purchase any type of motorcycle, call 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 ARE PRESENTED PURELY FOR GENERAL INFORMATIONAL PURPOSES FOR MOTORBIKE BUYERS AND THOSE SEEKING MOTORCYCLE LOANS. THIS IS NOT INENDED AS THE SOLE SOURCE OF INFORMATION FOR FINANCIAL DECISIONS. IF SPECIFIC ADVICE IS REQUIRED AROUND FINANCIAL DECISIONS, READERS SHOULD SEEK THEIR OWN FINANCIAL ADVISOR.* **Categories:** Bike Loan Tips --- ### [Are you up to speed in financial literacy?](https://www.jadebikeloans.com.au/blog/bike-loan-tips/are-you-up-to-speed-in-financial-literacy) **Published:** April 5, 2021 **Author:** Publisher **Content:** You probably know bikes inside out. Know the makes and models and probably the exact purchase price of many. But not everyone is as knowledgeable or up to speed in financial literacy. Wait, don’t click off, this is important if you’re planning on applying for [motorbike finance](/). We’re not suggesting that anyone applying for a loan needs high level maths or an accounting degree. Financial literacy is essentially understanding and knowing how to use financial skills such as managing finances, investing and budgeting around personal money issues. Knowing how to best utilise your financial resources to achieve your life goals. The emergence of digital payment methods especially the huge take-up of tap and go technologies, can distance a person from their finances. When you operate with cash, it’s immediately obvious when you run out of readies – your wallet is empty! A different mindset and awareness need to come into play when paying all your expenses digitally. Applying for a motorcycle loan involves taking on what is known as consumer finance or consumer credit. Taking out a loan to make a major purchase such as a motorbike is not something everyone does on a regular basis. Some people may only have a handful of loans over their lifetime with applications years apart. So it’s not an area that you would necessarily be expected to be across the detail. Increasing the knowledge and awareness around your own finances can lead to benefits in regard to your upcoming motorcycle loan. Many people engage a financial advisor to provide them with professional advice but there are steps you can do yourself. We’re providing a brief overview of some salient points with tips on getting up to speed with financial literacy in respect to your Jade motorbike loan. ## **Consumer Loan Basics** Think of consumer finance and your motorcycle loan as having two sides to the story. There’s our lender side and there’s your borrower side. As Licensed Credit Providers, Jade Bike Loans adheres to the [Responsible Lender Guidelines as set out by ASIC](https://asic.gov.au/regulatory-resources/credit/responsible-lending/) and your consultant will explain the consumer credit law aspects and provide you with relevant information. There are currently proposed changes to the Consumer Credit Laws before the Australian Parliament and if passed, may shift the onus from the lender to borrower when assessing applications. Here are some basic terms and concepts that you should know:- - Capital is the amount you are borrowing. - Interest is charged on the capital and is the lender’s ‘price’ so to speak for loaning you the funds. Consumer loans show an advertised rate and a comparison interest rate. Refer to our [bike loan interest rates](/motorbike-loan-interest-rates) page for full details on the difference. - Lenders also have fees and charges which vary but a loan establishment fee is a fairly standard starting point. - Security is the motorbike. With a [secured bike loan](/secured-motorcycle-loans), the bike is put up as security or collateral against the loan. While the lender holds security over the loan, the borrower is fully responsible for ownership costs such as registration, insurance etc. - Loan term is the amount of time you have to pay off the loan. - Repayments are the amount you pay, usually monthly. - Default is when the borrower fails to make the repayments. If a borrower defaults on the loan, as the bike is held as ‘security’ the lender has the right to repossess and sell the bike to recoup monies outstanding. - Insurance is required when buying a motorcycle with finance. You will be required to give the lender details of the insurance policy and update this each year when renewed. At Jade Bike Loans, we offer a full service loan process with your [motorbike loan broker](/broker) handling the process for you from sourcing the cheapest quote, to processing your application with the lender and final settlement, which involves the lender paying the dealer for the bike. ## **The Borrower’s Side of the Bike Loan** Now for your side of the process and where financial literacy comes into significance. Understanding where your money goes and managing your personal cash flow and debts can provide you with greater confidence in committing to a specific bike loan repayment level. - When applying for the loan you will be asked to provide details of your income, your regular expenses and your assets and debts. Being across your finances may allow you faster access to that information and speed up the loan application process. - Having a budget actually written down can bring it all into focus and provide you with greater insight into the loan repayment level that you would like your Jade consultant to source for you. - Checking credit card statements and bank statements when they arrive is a key aspect of financial literacy. Ensure there are no errors or suspicious withdrawals and regularly assess your options in regard to account fees. You may be able to save by switching accounts. - Lenders will assess an applicant’s credit history so making regular payments on time is very important. Utility providers and even landlords and real estate agents can make reports to credit reporting agencies about overdue payments of bills and rent. Keeping existing payments on track might just be a case of ensuring you have the correct amount in the correct account on the date the direct debit is due. ## **Securing the Ideal Motorbike Loan** Being up to speed with your financial literacy can assist you when briefing your Jade consultant to source you the ideal loan. That ideal loan will be the one that works with your budget. Your consultant will be sourcing you the cheapest loan and negotiating to achieve that ideal repayment level. Use our [online motorcycle loan calculator](/finance-calculator) to help figure out your bike finance options. So spending a bit of time on your financial matters can be rewarded with securing that ideal motorbike loan and ownership of that ideal motorbike. **To apply for finance, call 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *PRESENTED PURELY FOR GENERAL INFORMATIONAL PURPOSES FOR MOTORBIKE BUYERS AND THOSE SEEKING MOTORCYCLE LOANS. THIS IS NOT INENDED AS THE SOLE SOURCE OF INFORMATION FOR FINANCIAL DECISIONS. IF SPECIFIC ADVICE IS REQUIRED AROUND FINANCIAL DECISIONS, READERS SHOULD SEEK THEIR OWN FINANCIAL ADVISOR.* **Categories:** Bike Loan Tips --- ### [Bike sales soar, interest rates plummet](https://www.jadebikeloans.com.au/blog/bike-loan-tips/bike-sales-soar-interest-rates-plummet) **Published:** April 9, 2021 **Author:** Publisher **Content:** Long time motorbike enthusiasts are well aware of the enjoyment and benefits of the two-wheel riding experience. But sales figures of motorcycles over the past year appear to show that many others are also catching onto the idea that 2 wheels may be preferable to 4. Sales of motorcycles and off highway vehicles showed exceptional growth in 2020. This trend has been attributed to a number of factors including COVID-19. During the peak periods of the pandemic, some state governments were encouraging people to drive rather than to use public transport to minimise the risk of virus outbreaks. Many individuals saw it as a safer option and a motorbike as an economical mode of transport. What was also significant was no doubt the historic low interest rates across the lending sector. While [Jade Bike Loans](/) always specialises in cheap interest rate loans, the current low rate environment has definitely assisted us to go even lower. Great news for our customers. ## **Bike Sales Stats** While the surge in bike sales in 2020 may be partially attributed to the COVID-19 effect, the upward trend in sales has continued into 2021 as the pandemic has slowed in Australia. Go figure! As keen followers of the motorbike market, we can see many buyers opting to purchase a new bike for touring and travel as many other holiday options including international travel are off the agenda for now. The sales figures for the first quarter, January through March, of 2021 show a 51.6% increase on the same 2020 period. Comparing year to date figures, YTD 2020 compared with YTD 2021, off road motorbike sales are up 88.9% and road bikes up 20.9%. The automotive industry’s peak body, the FCAI on releasing the latest figures commented that the sales results indicated a further reinforcing of this type of transport as a favoured option. They also stated it reflected confidence in the Australian economy as consumers utilised their disposable income. Noting many first time motorcycle buyers and a continuation of people seeing motorcycle riding as a great recreation post-pandemic. [More information on FCAI Motorbike Industry figures](https://www.fcai.com.au/news/index/view/news/696). ## **What and When to Buy** These sales figures auger well both for local motorcycle dealers and for those us in the motorbike lending market. For buyers it’s a matter of what motorcycle to buy and when is the best time to buy. The choice of new models on the market is incredible. The calendar of 2021 releases is jam-packed with manufacturers clearly eager to make up for any delivery delays experienced in 2020 as a result of COVID-19. We’ve highlighted many of the [new motorbike releases](/blog/bike-buying-articles/new-motorbike-models-announcements-continue) in our articles and we’ve just spied another announcement we consider well worth a mention. The release of a special limited edition Triumph Scrambler 1200 – the Steve McQueen Edition. Is there any motorbike enthusiast who doesn’t recall that infamous scene in The Great Escape movie where Steve McQueen jumps over the barbed wire POW camp fence on a TR6? This special edition Triumph pays due homage to that iconic movie scene. But alas, only a few will have the chance to purchase the special edition model as only 1000 will be available globally. Sorry, we have not sourced any specific news of when it will be in Australia or how many but word has it that the new Scrambler 1200 range is due on here in June. If you want to secure your Steve McQueen edition or another in the new line-up, speak with us ASAP about a pre-approved [secured motorcycle loan](/secured-motorcycle-loans). More on the 1200 range in future articles. Timing to buy will depend on your personal arrangements but EOFY sale time is approaching. Some motorcycle dealers will no doubt get on this annual price-cutting bandwagon and offer deals to attract buyers. Not all latest models go on sale but if price is a deciding factor for you, it can be a great time to pick up a great price reduction. If you’re a business buyer that is if your motorbike is for business purposes and being acquired through your business entity, there may be tax benefits to be realised in purchasing before 30 June. ## **Interest Rates Update** If affordability is your key priority as it is for most buyers, then sourcing the cheapest motorbike loan will be your mission. A cheap loan starts with the lowest interest rates and you’ll find those right here. Jade Bike Loans is renowned for our competitive [bike loan interest rates](/motorbike-loan-interest-rates) and thanks to the current interest rate scenario, our rates are at the lowest ever. Interest rates on lending across the financial service sector are determined predominantly by the official cash rate. That’s the rate that the banks and other lenders essentially pay to acquire the funds to lend out. The official cash rate is set by the Reserve Bank of Australia and at their April board meeting, the RBA kept the rate at the historic low level. In announcing the April rate decision, the RBA statement outlined the reasoning behind the decision and gave indications of what changes in the economy they would be seeking before considering an increase in rates. Any rate increase may be as far out as 2024. But for now, in 2021, our interest rate on our Secured Bike Loan is extremely loan which can make the bike of your dreams extremely affordable. Head to our [motorbike loan repayment calculator](/finance-calculator) to see how affordable or just give us a call and commence the loan application process. **For a lending quote on any model, call 1300 000 003 today.** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *PRESENTED PURELY FOR GENERAL INFORMATIONAL PURPOSES FOR MOTORBIKE BUYERS AND THOSE SEEKING MOTORCYCLE LOANS. THIS IS NOT INENDED AS THE SOLE SOURCE OF INFORMATION FOR FINANCIAL DECISIONS. IF SPECIFIC ADVICE IS REQUIRED AROUND FINANCIAL DECISIONS, READERS SHOULD SEEK THEIR OWN FINANCIAL ADVISOR.* **Categories:** Bike Loan Tips --- ### [Recalls, job changes – what can impact your motorbike loan?](https://www.jadebikeloans.com.au/blog/bike-loan-tips/recalls-job-changes-what-can-impact-your-motorbike-loan) **Published:** April 16, 2021 **Author:** Publisher **Content:** When taking on a loan to purchase a motorcycle, buyers have both responsibilities and protections under laws which may be state or federal regulations. Consumers should be across the detail so they are aware of their responsibilities over the term of the loan and how they may be protected should things change or occur outside of their control. As Licensed Credit Providers as approved by ASIC, [Jade Bike Loans](/) is required by law to follow certain set protocols and procedures when arranging loans for our customers. This includes providing a range of information in regard to consumer finance. But outside of the finance and lending aspects, there are other issues that can occur that you might be wondering if those incidents would impact your loan. To dispel uncertainty and increase general knowledge, we’re covering off a few possible occurrences and what effect these events may have on your motorcycle loan. ## **Motorcycle Model Recalls** The idea for this article was sparked by the announcement of a recall on a number of very popular Ducati models. Some XDiavel, XDiavel S and Scrambler 1100 models have been recalled due to safety issues. On 8 April 2021, the ACCC (Australian Competition and Consumer Commission) issued safety recalls on bikes sold in certain time periods. [More info](https://www.accc.gov.au/). For the Diavels it’s for MY 2016-2018 sold nationally between 1 March 2016 and 31 December 2019. The issue is around the sidestand which the ACCC lists the defect as ‘may become damaged over time’ and fail when the bike is parked. The hazard noted is if the sidestand fails and the bike falls over, it could potentially damage the rider, passenger and/or bystanders. For the Scrambler, the defects affect 182 bikes that were sold between 1 April 2018 and 27 January 2021. The ACCC notes the defect as “improper manufacture where an exhaust cable may come into contact with the positive battery cable.” The hazard is described as an electrical short being caused if the two cables make contact and thus causing potentially a fire risk. A risk with the potential to cause an accident, injury or worse. This is not the first time that motorcycles have been subject to safety recalls by the ACCC. In March 2021, recalls were issued for KTM, Yamaha and [Husqvarna models](https://www.husqvarna-motorcycles.com/en-au/service/safety-information.html). In most cases, the manufacturer will contact buyers via the dealer network to advise them of the process which needs to be followed. The process to rectify the issue will of course depend on the problem. So how are you protected as a consumer and what impact may a recall have on your motorcycle loan? General information on vehicle recalls can be sourced at Recalls are usually the responsibility of the manufacturer to repair and rectify at their expense. Consumers are protected under consumer guarantee laws for a range of issues. If the bike will be off the road for repairs for an extensive time period, it would most likely be a discussion to be had between the manufacturer and its customers as to what if any compensation may be offered to cover out of pocket expenses. If your bike is required for business, this may be a significant consideration. A recall would not impact your loan in regard to repayments. You would still need to make your loan repayments. Use our [online bike finance calculator](/finance-calculator) to estimate repayments. If the bike is recalled completely and the issue not fixable, that would be a different story in regard to how you approach your loan contract. It would depend on the compensation arrangement made by the manufacturer as the loan would need to be finalised and a new loan established for the new/replacement bike. Insurance is required to be taken out when a bike is purchased under finance. The inclusions in the specific policy will determine coverage in the event of a recall. ## **Job and Income Changes** When applying for a secured motorbike loan or an [unsecured bike loan](/unsecured-personal-loans), our lenders assess your application based on your current employment status and income. If your employment status changes, if you change jobs, you should advise your lender of these changes. An increase in income such as a pay rise does not necessarily have to be advised of. If negative changes to your employment/income affect your ability to make your loan repayments, it is advised you contact your lender and discuss the options available. ## **Contact Detail Changes** When you change your contact details such as residence, email or phone, you need to address:- - Advise your lender and Jade Bike Loans to update your details on the loan contract and so they can maintain contact with you over a range of matters. - Update your details with the dealer where you purchased the bike so they can contact you in the event of a safety recall. - State motor authorities to update registration details. - Contact your insurer to update your insurance policy contact details. Change is an inevitable part of life. If you have a motorcycle loan, being aware of what changes may impact your loan can be important. If you would like to discuss these issues further and for additional information on loan responsibilities and protections, give us a call. **For lending, quote call us on 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *PRESENTED PURELY FOR GENERAL INFORMATIONAL PURPOSES FOR MOTORBIKE BUYERS AND THOSE SEEKING MOTORCYCLE LOANS. THIS IS NOT INENDED AS THE SOLE SOURCE OF INFORMATION FOR FINANCIAL DECISIONS. IF SPECIFIC ADVICE IS REQUIRED AROUND FINANCIAL DECISIONS, READERS SHOULD SEEK THEIR OWN FINANCIAL ADVISOR.* **Categories:** Bike Loan Tips --- ### [Will the Federal Budget affect motorbike loans and interest rates?](https://www.jadebikeloans.com.au/blog/bike-loan-tips/will-the-federal-budget-affect-motorbike-loans-and-interest-rates) **Published:** April 30, 2021 **Author:** Publisher **Content:** Even if you have little interest in politics or economic issues, it’s hard to avoid knowing that it is Federal Budget time. The media is full of lead-up news, speculations and the usual pre-budget reveals. For those not overly familiar with the annual fiscal fest and possibly confused over the timing, we explain. Yes, the 2020/21 budget was delivered last October. But, it was delayed from the scheduled May timing due to the coronavirus pandemic. The Government felt the timing was not good to try to anticipate in May, the full impact of the pandemic on the economy and hence plan 12 months in advance. So with many of the measures introduced in October still in play, the scheduling means a shorter timeframe between the 2002/21 and 2021/22 budgets. While economic analysts and commentators talk about deficits and fiscal strategies, for those considering buying a motorcycle, the key ‘want to know’ is how might the budget outcomes affect my new motorbike loan? Specifically, interest rates and affordability. At [Jade Bike Loans](/), we provide this broad overview of the budget to build your knowledge bank and clarify any queries you may have about your loan. ## **The Budget and Interest Rates** The Federal Budget is developed with policies and measures by the Government of the day. In this case, the Treasurer, Josh Frydenberg in consult with the Finance Minister, Simon Birmingham are tasked with delivering this year’s budget. In simple terms, the budget addresses government income and expenditure – where and how they will derive income by way of taxes including income tax, GST and company taxes and other sources and what they will spend money on. The measures and strategies in the budget are known as fiscal policy. Interest rates are the domain of monetary policy which is largely determined by the Reserve Bank of Australia. The RBA sets the official cash rate from which individual lenders then set their rates for lending and savings. The Government and the budget measures do not directly set interest rates. But, indicators and performance in certain areas such as unemployment, inflation and overall growth in the economy are affected by the budget and in turn are the major considerations by the [RBA in cutting or increasing interest rates](https://www.rba.gov.au/media-releases/2021/mr-21-04.html). ## **2021/22 Budget Overview** So in the budget being announced on 11 May you won’t hear the Treasurer making changes to interest rates. He has stated that the focus will be on jobs and growth. [Josh Frydenberg delivered his traditional pre-budget speech on 29 April](https://www.abc.net.au/news/2021-04-29/pre-budget-speech-josh-frydenberg-tax-unemployment-debt/100101604) which outlined the strategy and approach without too much specific detail on the measures. Following that speech, reveals start to appear with details on key measures. With the focus on creating jobs, the strategy is to drive down unemployment. Unemployment is a key consideration for the RBA’s interest rate decisions along with inflation. Neither of these is nearing the RBA’s target levels. With the Government facing a record deficit as a result of the massive spending in the 2020 stimulus packages, it was widely speculated whether they would focus on addressing the deficit in this budget. The Treasurer has clearly stated that the focus is on repairing the economy first not repairing the budget. ## **What could be in the budget for you?** What’s in it for me is what many people look for when the budget is announced. While we await specifics on 11 May, some ‘gains’ for individual taxpayers are already known. In the October budget, the Government brought forward tax cuts for individuals. Tax cuts had already been legislated to come into effect over the coming years. With the pressing need to stimulate the economy by putting money into the pockets of consumers, the next stage of those tax changes was brought forward. Tax cuts for some income brackets were announced in October and backdated to 1 July 2020. When individual taxpayers starting receiving the tax cut depended on when their employer installed the new tax schedules into their payroll systems. But there was still the backdated July-October tax cuts to be received. That’s where you could be a winner and what might make your planned motorcycle loan more affordable. Any tax cuts you were entitled to from 1 July to when your employer implemented the new schedule will be accounted for when you submit your annual income tax return. So eligible taxpayers should receive a tax refund this year. How much will depend on your tax bracket? [For low and middle-income earners there is another gain with the tax offset for this income bracket extended for another year](https://www.ato.gov.au/Individuals/Income-and-deductions/Offsets-and-rebates/Low-and-middle-income-earner-tax-offsets/). This is the $700-$1080 you may have received last year. One measure which has been revealed is an increase in child care subsidies for parents/families earning less than $130,000 pa and have two or more children 5 years or under in childcare. The subsidy increases the current 85% maximum to 95% for eligible parents. This could mean cost savings in your household budget! ## **Motorbike Loan Affordability** Affordability is about both sides – income and costs. Increasing your income or reducing your other costs. Both the gains on your income tax and the possible reduction in childcare expenses could make repayments on a bike loan more attractive and affordable. At Jade Bike Loans we focus on always achieving the [cheapest bike loan interest rates](/motorbike-loan-interest-rates) to make our motorbike loans the most affordable for our customers. To see how affordable, use our [motorbike finance calculator](/finance-calculator). And keep an eye and ear on the news to see if you could be in line for any further gains in the budget. **For an affordable loan call us on 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *PRESENTED PURELY FOR GENERAL INFORMATIONAL PURPOSES FOR MOTORBIKE BUYERS AND THOSE SEEKING MOTORCYCLE LOANS. THIS IS NOT INENDED AS THE SOLE SOURCE OF INFORMATION FOR FINANCIAL DECISIONS. IF SPECIFIC ADVICE IS REQUIRED AROUND FINANCIAL DECISIONS, READERS SHOULD SEEK THEIR OWN FINANCIAL ADVISOR.* **Categories:** Bike Loan Tips --- ### [The Federal Budget and Your Bike Loan](https://www.jadebikeloans.com.au/blog/bike-loan-tips/the-federal-budget-and-your-bike-loan) **Published:** May 7, 2021 **Author:** Publisher **Content:** The announcement of the annual Federal Budget is always a big event especially with economics analysts and experts, finance sector lenders and those sectors hoping for a big spend in their field. The measures and policies set the economic landscape for the coming year and the Government’s agenda for the future. But when the Federal Treasurer announced the 2021/22 Budget on 11 May, it may have attracted more attention than usual from the wider population. Following the generous stimulus measures handed out through 2020, many individuals and businesses may have been wondering, what will be in it for me? We recently published a post regarding the recent 2021/2022 Federal Budget, [click here to read more](/blog/bike-loan-tips/will-the-federal-budget-affect-motorbike-loans-and-interest-rates). As specialists in finance, we delved into the detail to find out how our [motorbike loan](/) customers may benefit from the measures announced and provide you with this overview. ## **Individual Taxpayer Budget Benefits** Individual taxpayers in some tax brackets received a benefit in the October 20/21 budget which was further extended in the 21/22 budget. The already legislated tax cuts were brought forward in October and backdated to 1 July 2020. That means those eligible taxpayers stand to receive a refund for tax overpaid from July through to when their employer started deducting according to the new schedule. That will be accounted for when taxpayers submit their 20/21 tax returns. Now that is an incentive to get your tax return in as soon as possible after 1 July this year! In addition, taxpayers in the low to middle income range, that’s up to $90,000, also receive the Low and Middle Income Tax Offset (LMITO). This was brought in last year and has been extended for another year. The offset is up to $1080 and is deducted from the tax payable which may result in a generous refund. That refund could represent a down payment on a new motorbike or possibly funds to have up your sleeve to cover motorcycle loan repayments. For existing loan holders, you may consider making extra payments on your loan with your tax return. [Secured Bike Loans](/secured-motorcycle-loans) allow for additional payments to be and as interest is calculated daily and charged monthly to the loan, this would result in a reduction of the total interest on the loan. Making extra payments would mean that the loan would be paid off earlier than the loan term. This attracts minimal break fees. If you decide to use your tax refund or any other monies to make extra payments on your motorbike loan, be aware that you can’t change your mind and withdraw the funds. However, you can use extra payments against future scheduled monthly payments. Speak with your lender in regard to these matters so they are aware of your intentions. ## **Business Budget Benefits** From our perspective as a lender, the key budget measure that is of interest is the extension of temporary full expensing through to 30 June 2023. If you plan to purchase a motorcycle for use in your business then this may present you with a significant tax benefit. Temporary full expensing is an accelerated asset depreciation measure, similar to Instant Asset Write-off which many business owners would be familiar with. It was introduced in October as part of the 20/21 Budget and essentially expanded and extended and hence replaced IAWO. IAWO was limited to businesses of a certain turnover and to assets of $150,000. Temporary full expensing can be utilised by businesses with turnover up to $5 billion which covers all but a handful of Australian businesses. The size of the eligible assets has also been significantly increased. The ‘temporary’ means it is not a permanent tax measure but only in place for a set time period. As per the 21/22 budget, that time period is for assets acquired and operational in a business up to 30 June 2023. The full purchase price of eligible assets including vehicles, plant and machinery can be fully depreciated as tax deductible in the year of acquisition. The usual practice is to depreciate an asset incrementally over several years, in line with ATO rulings. To check if your motorcycle purchase and your business are eligible check the specific ATO ruling at In order to be in a position to realise temporary full expensing, the asset, in this case, the motorbike, needs to be purchased with the suitable loan type – Chattel Mortgage. With this type of business finance, the business realises a tax benefit through depreciation of the asset each rather than with tax deductible repayments as is the case with Motorcycle Leasing. Check our [motorcycle loan repayment calculator](/finance-calculator) to work up rough estimates on a Chattel Mortgage for your business motorbike purchase. ## **The incentive to purchase through a Motorcycle Loan** One good news-bad news announcement in the budget was in regard to international borders. The bad news for those looking to head o/s on holidays – the Treasurer announced that borders would remain closed until mid-2022. The good news – that’s another reason to get a new motorbike for long tours and travels throughout Australia over the coming year. For more good news on your proposed motorbike purchase, head to our calculators to check out our current cheap [motorbike loan interest rates](/motorbike-loan-interest-rates) tool deals or call for a quote on a cheap interest rate motorbike loan. **For a cheap interest rate lending, give us a call on 1300 000 003 today.** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *PRESENTED PURELY FOR GENERAL INFORMATIONAL PURPOSES FOR MOTORBIKE BUYERS AND THOSE SEEKING MOTORCYCLE LOANS. THIS IS NOT INENDED AS THE SOLE SOURCE OF INFORMATION FOR FINANCIAL DECISIONS. IF SPECIFIC ADVICE IS REQUIRED AROUND FINANCIAL DECISIONS, READERS SHOULD SEEK THEIR OWN FINANCIAL ADVISOR.* **Categories:** Bike Loan Tips --- ### [Gearing up for Winter Riding: Cheap Bike Loans, Warm Gear, Sizzling Deals](https://www.jadebikeloans.com.au/blog/bike-loan-tips/gearing-up-for-winter-riding-cheap-bike-loans-warm-gear-sizzling-deals) **Published:** May 14, 2021 **Author:** Publisher **Content:** Winter may not seem like the best time to head out for a long motorcycle ride but it can be both essential and appealing to many motorbike owners. For those living and working in the high country and other regions susceptible to frost and snow including much of Tasmania, commuting to work in difficult weather conditions is non-negotiable. For recreational riders, winter can mean clear, crisp air, fewer holidaymakers on country roads and just more time to enjoy their passion. Riding in winter road conditions requires additional attention, skill, a suitable bike and plenty of the right gear. If you’d like to get properly geared up for winter riding, the timing is excellent for [low interest rate motorbike loans](/). We’re also sharing suggestions on the gear that is recommended and how you may be able to have the cost of that gear included in your overall bike loan. ## **Cheap Motorcycle Loans** Winter may not be appealing to all riders, but with the current low-interest rate climate, it is the season to reap cheap loan benefits. For private buyers, the most popular loan is our Secured Motorbike Loan. [Our Secured Bike Loan is currently out-pricing, in a good way, the competition with our interest rates the cheapest available](/secured-motorcycle-loans). Refer to our lender [motorcycle loans interest rate comparisons tool](/motorbike-loan-interest-rates) to check out the current market across a range of banks and lenders for motorbike loans. You’ll notice Jade offers a specific motorbike loan, while other lender rates are quoted on different personal loans at either variable or fixed interest rates. We arrange our secured bike loans at a fixed interest rate. Why is that good? Because it means your motorbike loan repayments will remain at the same fixed level for the entire term of your loan. When interest rates change, there is no change to your loan. If rates do go up while you’re paying off your loan, you don’t have to scramble to switch to a cheaper rate or change your loan. It’s all set. Extra payments are permitted so if you choose to use say a tax refund or a pay rise to make additional payments on your loan, that’s fine. By making extra payments while still sticking to the required repayment schedule, you’ll finalise the loan sooner and own the bike outright. Minimal break fees do apply when a loan is paid out early on personal loans. To see how your bike purchase might work out in estimated repayments, just enter the price of the bike plus any extras to make winter riding safer and more comfortable (read on for more info on that point) and the number of years you would like to repay the loan. The repayment estimates will be automatically displayed for all the lenders listed. Looking good? Give us a call for a confirmed quote and to start the application process. [Click here to utilise our online bike finance repayment calculator](https://www.jadebikeloans.com.au/finance-calculator.php). If your motorcycle is for use in your business, being distinct from your ride to work, we offer the full range of business finance products: Chattel Mortgage, Commercial Hire Purchase and Leasing. Tax deductions are included in all business loans but the details vary. Check the details of each finance product on our web pages and have a conversation with your accountant as to which offers the best combination of benefits for your operations. Business owners can currently benefit from temporary full expensing which allows for the full price of depreciable eligible business assets as a tax deduction in the same year the asset was purchased. Chattel Mortgage is the most suitable loan product to realise that tax benefit. ### For both personal and business finance, we offer: - [No deposit bike loans](/no-deposit-motorcycle-finance) so the entire purchase price can be included in the loan amount. - Pre-approved finance so you can have your loan sorted before purchase. By knowing how much you’ve been approved for, you can narrow down that wish list. ## **Covering the Costs of Winter Gear** [Gearing up properly for winter riding is an important safety aspect of motorcycle riding](https://www.gearpatrol.com/cars/motorcycles/a534582/winter-motorcycle-gear/). If you’re hands, feet or other parts of the body are exposed to extreme cold, the body’s core temperature can drop which can cause hypothermia. It’s not just about being toasty warm it can be about your health. The cost of extra gear to ensure you are warm and safe during winter can add up. Tip: if you purchase your gear at the same time and from the same dealer as your motorcycle, your Jade consultant may be able to include the costs in your loan. ### The type of winter gear recommended by experts include: - High-quality pants and jacket which are rated for the conditions. Do your research and speak with your bike dealer as to what will suit your budget and conditions. - Layer up with quality thermal layers as a base. Investing in quality merino and high-tech fabrics can be well worth the cost. - Select a helmet that won’t let too much air through to make you cold, but sufficient to keep your alert and the face shield unfogged. Consider fitting a chin curtain and breath guards to an existing helmet. - Select gloves which provide good hand movement as well as proper insulation. Tip: select as high a gram weight of Thinsulate that will still provide proper control of your hands on the controls. - Most bike riders are smart enough to know investing in a proper pair of bike-riding boots is essential. For winter, make sure yours are waterproof and have sufficient height and sealings to ensure you won’t end up with wet socks and cold feet. - Heated bike gear is available which is operated by battery. Could be worth considering? When selecting your bike, also select the extra gear you’ll need while at the bike dealership and speak with your Jade consultant about including that entire amount in your loan. Giving you one simple payment each month to cover all your requirements. ## **Winter Riding Tips** Before heading out on your bike this winter – clean, lube and service your machine to suit your local climate conditions and ensure tyre pressure is set to suit the road conditions. If you plan to ride on frost, ice or snow-covered roads, upskill! Ensuring you have the knowledge and riding skills to take on the road conditions is not only smart safety-wise it can enhance your riding enjoyment and prolong the life of your bike. There are plenty of courses available for motorcycle training that suit all levels of riders. For more information on winter motorbike riding tips [click here](https://www.bikesales.com.au/editorial/details/preparing-for-winter-riding-112417/). Winter getaways and long rides are beckoning as are possible EOFY deals on motorbikes. So get moving by contacting us to sort your loan or just apply online. **For a cheap interest rate lending call us on 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *PRESENTED PURELY FOR GENERAL INFORMATIONAL PURPOSES FOR MOTORBIKE BUYERS AND THOSE SEEKING MOTORCYCLE LOANS. THIS IS NOT INENDED AS THE SOLE SOURCE OF INFORMATION FOR FINANCIAL DECISIONS. IF SPECIFIC ADVICE IS REQUIRED AROUND FINANCIAL DECISIONS, READERS SHOULD SEEK THEIR OWN FINANCIAL ADVISOR.* **Categories:** Bike Loan Tips --- ### [Applying the breaks: Bike Loan Break Fees](https://www.jadebikeloans.com.au/blog/bike-loan-tips/applying-the-breaks-bike-loan-break-fees) **Published:** May 24, 2021 **Author:** Publisher **Content:** Taking on a motorcycle loan is more than just a means to an end. Yes, it provides access to owning that motorbike you want but it also comes with its own responsibilities. Entering into a loan deal is a finance contract with terms and conditions which need to be fully understood by the borrower. [Laws, regulations and lender guidelines are set by ASIC in regard to consumer finance which includes personal secured motorbike loans](https://asic.gov.au/). As a Licensed Credit Provider, Jade Bike Loans is required, under these guidelines, to provide each of our customers with documentation that clearly explains the finance contract being entered into. One of the conditions included in a consumer finance contract is break fees. Throughout our product descriptions and explainers, we continually refer to break fees that will apply. In this piece, we expand and explain what they are, when they apply and how to calculate specific motorbike loan break fees. ## **What are break fees?** Break fees are a charge applied by lenders to a loan when the loan is finalised before the end of the fixed loan term. Most personal secured loans, especially [motorcycle loans arranged through Jade](/), will have a fixed loan term of say 4 or 5 years. If the borrower makes payment in full against the loan before that date, banks and lenders charge break fees. Simply put, a fee for breaking the contract. Break fees on consumer loans differ from those that apply to business finance contracts. Consumer finance is regulated under the law while business finance is not subject to the same regulation. When setting up a loan, the lender or broker should advise the borrower of the break fee structure which applies to their loan. ## **When are break fees charged?** Break fees are charged when a loan is completed prior to the fixed loan term and that may happen for a number of reasons: ### **The borrower chooses to make extra loan payments:** - With both Secured Bike Loans and [Unsecured Personal Loans](/unsecured-personal-loans), borrowers are permitted to make additional loan repayments. Additional payments are considered as extra payments to the monthly loan repayments. - This is done on a voluntary basis, usually when a borrower has additional funds and chooses to pay down debt. The process of making extra loan repayments is more common with personal loans than with business motorcycle loans. - By making any additional payments, the outstanding loan total is reduced when the existing schedule of repayments is adhered to. So is the loan term. Making additional payments plus the schedule of repayments will mean the borrower will have paid out the loan before the fixed loan term and hence break fees would apply. - While break fees will apply, the total interest payable on the bike loan would be reduced by making these additional payments and that should be taken into consideration. The interest on consumer finance including personal bike loans is computed on a daily rate of interest and is applied to the loan on a monthly basis. - Be mindful that if extra payments are made, the money cannot later be withdrawn. But it can be used to cover monthly scheduled payments in the future. ### **The borrower chooses to pay out the bike loan in full prior to the end of the loan term:** - A borrower may come into additional funds or simply choose to pay down their debt by paying out the balance of a bike loan before the end of the scheduled loan term. - As noted in regard to making additional payments, the overall amount of interest on the loan would be less but break fees would apply. ### **Selling or trading-in the motorbike before the end of the loan term:** - This is known as selling under finance. When a bike is sold or traded in while money is still owing. This would require the loan to be paid out early and that would attract break fees. - The borrower would be required to finalise the loan prior to signing ownership over to the buyer. - [Lenders register their interest in goods involved in secured consumer loans with the PPSR](https://www.ppsr.gov.au/). Buyers of second-hand goods should refer to the PPSR to ensure all outstanding finance is paid and the lender has released the security over the goods, prior to completing the purchase. ## **How much are break fees?** If choosing to finalise a bike loan prior to the end of the fixed loan term, the borrower should request a pay-out amount from the lender. This would be the total owing on the loan on that particular day. Interest is calculated daily and charged monthly so the pay-out figure would be applicable for a certain timeframe, which the lender should advise. This pay-out amount would include the outstanding principal, interest and break fees. The way break fees are calculated is different for consumer and business loans. ### Break fees on consumer loans such as secured bike loans are based on: - The total amount owing on the bike loan. - The time remaining on the bike loan fixed term. - A pro-rata fee as advised by the individual lender As a general guide, the break fee on consumer loans can $600 to $900 for each loan and is charged on a pro-rata basis. That is, based on how many months are left on the loan. [To get a better idea of the figures, refer to our bike loan repayment calculator](/finance-calculator). ### Business loans are not subject to ASIC regulations and the break fees applicable can be based on: - [Rule of 78 is when during the loan term the interest is charged](https://en.wikipedia.org/wiki/Rule_of_78s). - Finance balance discount rate. - Percentage interest rebate When arranging your motorbike loan through Jade Bike Loans, your consultant will advise how the break fees on your particular loan would be calculated. The cost of the break fees should be weighed up against the total interest saved by finalising the bike loan early. **For a quote on a motorcycle loan, contact 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 INENDED AS THE SOLE SOURCE OF INFORMATION FOR FINANCIAL DECISIONS. IF SPECIFIC ADVICE IS REQUIRED AROUND FINANCIAL DECISIONS, READERS SHOULD SEEK THEIR OWN FINANCIAL ADVISOR.* **Categories:** Bike Loan Tips --- ### [Loans for Buying a Classic Ride: Buying a Motorbike at Auction](https://www.jadebikeloans.com.au/blog/bike-loan-tips/loans-for-buying-a-classic-ride-buying-at-auction) **Published:** May 21, 2021 **Author:** Publisher **Content:** Buying a new model motorbike is high on the list for many riders. But for others, owning a rare, pre-owned, vintage motorcycle tops their wish list. Possibly both for many collectors and owners of multiple rides to suit their different purposes. Buyers seek to own classic models for many reasons including nostalgia, an appreciation of history and vintage goods, as a collectible for investment purposes or simply to be the proud owner of a sought-after motorcycle. Most vintage and collectible bikes are sold through specialist auction houses such as Shannons. With most auctions available online, buyers have access to international as well as local collections when they go under the hammer. In their June Winter 2021 auction, [Shannons Australia listed a number of highly sought-after motorcycles from a private collection](https://www.shannons.com.au/). These included a British 1938 Matchless Model X, an Australian built Monarch 1913 Jap, a 1976 Kawasaki superbike, a 40th anniversary 2007 Honda and a selection of rare Triumph models. In November 2020, the Shannons auction featured an extensive selection of rare Ducatis. When it comes to buying a classic motorcycle, especially at auction, many buyers will first be considering their options in terms of finance. While a price guide is listed by the auction house, the final selling price is dependent on the personal liking of the bidders. When purchasing at auction, an auction house will often require payment at the fall of the hammer or under other set timeframes. So buyers need to have their finance in order in order to meet the auction house commitments. ## **Loans for Classic and Rare Motorbikes** [Jade Bike Loans offers finance for rare motorbikes of vintage, retro and more current age, purchased either at auction or privately](/), which are the most common sales for these types of motorcycles. If you are bidding on a motorbike in an overseas auction, we can assist with finance. ### Our loans include: **Secured Bike Loan:** This is the most commonly used type of motorbike loan and is popular for new and used current and late model rides. But it can also be used for purchasing vintage motorcycles where the lender accepts the goods as suitable security against the loan. With a secured loan, the goods are used by the lender as security against the credit extended. [With a secured bike loan, the interest rate is fixed as is the loan term](/secured-motorcycle-loans). Together, that means a fixed monthly repayment. Additional payments are permitted and minimal break fees apply if the fixed loan term is concluded early. This can occur if additional payments are made or when the bike is sold prior to the end of the loan term. With rare bikes, an owner may look to realise a return on their investment if market conditions suit. **Unsecured Personal Loan:** These loans do not have security by way of the goods being purchased and may suit buyers of vintage and collectible motorbikes. The buyer may not choose to put the bike up as security due to the perceived intangible value or the lender may not accept the goods as security. If the purchase is a restoration project, the buyer may not choose to offer the goods as security as the value is expected to increase as the restoration proceeds. We can arrange unsecured loans at either fixed or variable interest rates. The loan term is fixed and fixed monthly payments can be secured. Additional payments are permitted and with variable interest rate loans, no break fees apply. To see our current interest rates on both secured and unsecured loans compared with other lenders in the market, refer to our [bike loan interest rate comparison table](/motorbike-loan-interest-rates). This is a useful resource for not only comparing the types of loans and interest rates across a swathe of the lender market but also for deciding between a secured and unsecured loan. Enter the amount of your loan and loan term in the comparison calculator and the repayment estimates will be displayed against each lender and loan type. ## **Tips for Buying a Motorcycle at Auction** ### With most classic motorcycles offered for sale by auction, prospective buyers can enhance and improve their own experience through some preparatory actions: - Due diligence is a no-brainer. Ensuring you are confident with the providence of the goods is paramount. As is having full trust in the auction house. Most Australian auction houses are highly reputable with excellent credentials. Viewings are usually available prior to the auction so you can view the goods in person. If bidding on an overseas auction event that may of course not be possible. - If bidding on an overseas auction, be aware of the currency exchange rate. Exchange rates can change on a daily basis, so be sure you know the auction house’s process for converting prices. At what stage of the sale process. - If you intend to ride the motorcycle as opposed to collectible only, consider if it is or can be registered in your state or territory. If not, consider the costs involved in getting it rego-ready. [Check PPSR to register a security interest on the bike here](https://www.ppsr.gov.au/). - We can include additional expenses in the loan, so consider what ‘extras’ you may like included. These may include auction house fees, costs of re-commissioning, costs of getting the overseas bike to Australia, import charges and local delivery expenses. - Having a pre-approved motorbike loan is ideal for buying at an auction. We arrange loans based on an anticipated spend so buyers are full-equipped to bid with confidence. When the purchase is concluded, we finalise the total loan amount to the exact purchase price or preferred loan amount. - Have our [motorbike loan repayment calculator](/finance-calculator) on your phone, so you can quickly convert prices to repayment estimates during the auction. You can even apply for a loan over the phone while at the auction or at the pre-auction viewing. Whether you’re purchasing a rare current model or a classic collectible motorcycle, speak with Jade Bike Loans about the cheap interest rate loans we have to suit you and your purchase. **Discuss the options for finance with us on 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *PRESENTED PURELY FOR GENERAL INFORMATIONAL PURPOSES FOR MOTORBIKE BUYERS AND THOSE SEEKING MOTORCYCLE LOANS. THIS IS NOT INENDED AS THE SOLE SOURCE OF INFORMATION FOR FINANCIAL DECISIONS. IF SPECIFIC ADVICE IS REQUIRED AROUND FINANCIAL DECISIONS, READERS SHOULD SEEK THEIR OWN FINANCIAL ADVISOR.* **Categories:** Bike Loan Tips --- ### [What to consider when deciding on the term of your bike loan](https://www.jadebikeloans.com.au/blog/bike-loan-tips/what-to-consider-when-deciding-on-the-term-of-your-bike-loan) **Published:** June 1, 2021 **Author:** Publisher **Content:** The [current historic low-interest rate scenario](https://www.rba.gov.au/publications/bulletin/2020/sep/the-economic-effects-of-low-interest-rates-and-unconventional-monetary-policy.html) has been a great motivator for many riders to upgrade their motorbike to a newer, bigger, bolder model or add to their collection with an exciting rare collectible or a ‘why not’ extra motorcycle. The low rates have also made it more affordable for new riders to enter the market with their first bike. While deciding it’s great to have access to cheap motorbike loans to make ownership an affordable reality, the process of taking on finance involves consideration of many factors. One aspect of a bike loan that perhaps does not get as much attention as say the interest rate is the loan term. In this article, we’re laying out some of the basic considerations about loan terms that loan applicants should give thought to when discussing their loan preferences with our Jade consultants. ## **The Long and Short of It** The loan term is the length of time over which the loan is to be repaid. The loan term is different from any ‘terms’ as in terms and conditions which a lender may apply to a particular loan. The loan term may be represented in years or in months. Loan terms on motorbike loans may be as long as 7 years. An average may be around 4-5 years, 48-60 months. In many cases, loan applicants can nominate their preferred loan term and in some cases, the lender will have some say in it. When assessing a loan application, lenders will take into account many aspects of the applicant’s profile as well as the value, age and condition of the motorbike as well as the loan amount being requested. If a lender does not agree to the loan term that an applicant has requested, the applicant can of course apply to another lender. One of the many advantages of using Jade Bike Loans as your lender is that we are accredited with many banks and lenders so we do all that hard work for you. We work in your best interests and seek out the cheapest deal as well as the lender that best meets our customer requirements. We negotiate with lenders on behalf of our customers for both the preferred loan term and the most favourable terms and conditions in addition to achieving the [cheapest rate motorbike loan](/). While it can of course be tempting just to opt for the longest possible time to pay off the loan that may not always be the most astute decision. The loan term in conjunction with the loan amount and the interest rate determine the repayments. The longer the loan term, the lower the monthly repayments. The shorter the loan term, the higher the monthly repayments. The longer the loan term the further out it will be before you clear the debt and own the bike outright. The shorter the loan term, the sooner you will own the motorcycle and be clear of the debt. Decisions in those aspects will be dependent on individual financial objectives. If you are planning to apply for other finance or loans over the term of your bike loan, your existing motorcycle loan may impact the offer you are made on additional loans. ## **Total Interest Payable On Your Motorbike Loan** Interest on consumer finance which includes personal motorcycle loans is calculated on a daily basis and charged to the loan on a monthly basis. So the longer the loan term the more total interest you will pay over the full term of the loan. The shorter the loan term, the less interest in total payable. With higher repayments for a shorter term but more total interest, it could be seen as a ‘short term pain for long term gain’ situation! [To get a better idea of the monthly repayments, use our Motorcycle Interest Rate Tool to compare the best deal across banks and lenders Australia-wide](/motorbike-loan-interest-rates). ## **Consider How Long You Will Own The Bike** One aspect in deciding on loan terms that may slip under the radar is giving thought to how long you intend to keep that particular motorcycle. For example, if you usually like to upgrade your bike every 4 years, taking on a motorbike loan over 5 or 6 years will mean you would be selling or trading in prior to the end of the loan term. When a motorbike is sold or trade-in while money is still owing on a loan it is known as ‘selling under finance’. It’s quite OK and legal but involves certain steps and yes, considerations! If a loan holder sells before the end of the fixed loan term, break fees will apply. This is a fee charged by the lender for essentially breaking the loan contract. Break fees are charged on consumer loans on a pro-rata basis. [As consumer finance is governed by ASIC, break fees follow a set process](https://asic.gov.au/), they are set as so much per loan, typically $600-$900 per loan. The fee is then worked out based on how much of the loan is outstanding and how many months. It can be seen as a minimal fee but should be added in as a cost. When ending a loan before the fixed term by saying selling, the loan holder will need to finalise all outstanding monies before being able to hand over ownership to the new buyer. [The lender will have registered their interest in the bike as security against the finance on the PPSR](https://www.ppsr.gov.au/). When the loan has finalised the listing on the PPSR is released. So if you like to upgrade every few years, it can be cost-savings to choose a loan term that is in line with your own selling preferences. ## **Working out the Difference With Bike Loan Calculator** [Our Bike Loan Calculator is a great tool for assisting buyers to decide what loan term would be most appropriate for their purchase](/finance-calculator). Enter the loan amount and the interest rate, then vary the loan term to see how that change affects the estimated repayment displayed. Your Jade Bike Loans consultant will assist you in structuring a loan to meet your requirements, but having a good handle on the impacts of the loan term upfront can be extremely beneficial. **For a quote on a loan, call 1300 000 003 today** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *PRESENTED PURELY FOR GENERAL INFORMATIONAL PURPOSES FOR MOTORBIKE BUYERS AND THOSE SEEKING MOTORCYCLE LOANS. THIS IS NOT INENDED AS THE SOLE SOURCE OF INFORMATION FOR FINANCIAL DECISIONS. IF SPECIFIC ADVICE IS REQUIRED AROUND FINANCIAL DECISIONS, READERS SHOULD SEEK THEIR OWN FINANCIAL ADVISOR.* **Categories:** Bike Loan Tips --- ### [Just what the Doctor ordered: Celebrate Rossi’s retirement with a new model motorcycle and cheap bike loan](https://www.jadebikeloans.com.au/blog/bike-loan-tips/just-what-the-doctor-ordered-celebrate-rossis-retirement-with-a-new-model-motorcycle-and-cheap-bike-loan) **Published:** April 19, 2022 **Author:** Publisher **Content:** After 26 years on the Grand Prix motorcycling racing circuit, Valentino Rossi has announced his retirement at the end of the current season. Known as The Doctor, Rossi clocked up 9 titles across multiple classes in a career which can only be described in superlatives. He debuted in 1996 in the 125cc class before proceeding to impress in the premium MotoGP category. Time to celebrate with a new machine with a cheap bike loan. While Rossi will certainly be missed in racing leathers, it is reported that he will continue his involvement in the sport. He has a training academy and will launch his own motorcycle racing team in MotoGP for the 2022 season. While reflecting on Rossi’s stellar career during which he rode for [Aprilia](https://www.aprilia.com/au_EN/), Honda and Yamaha, we think he would probably prescribe securing a new model motorbike with a cheap bike loan in celebration. Thanks for the memories, Valentino! **Incoming Alert: New Models on the Way** Valentino Rossi started his category on an Aprilia so we’ll start our round-up of what new models are coming with the Aprilia Tuareg 660. The Tuareg was first launched in 1985, retired in 1994 and is now being revived. The new model is described as middleweight adventure motorbike which is red hot. This is an adventure touring model which includes off-road capabilities. The release date on the local market is yet to be announced, but if you don’t want to wait, check out what is currently available for sale at and talk to us to get your [motorbike loan](/secured-motorcycle-loans) sorted. Valentino also raced for Honda and the Japanese manufacturer has revealed a new CRF 250R in their 2022 line-up. Based on the platform race by Aussie Honda riders Jett and Hunter Lawrence, the updates to the model include engine and chassis. Upgrades which reportedly reduce the weight while increasing power and improving reliability. You won’t have to wait long to get aboard the new Honda CRF 250R, it should be available in local showrooms in September. Pricing has been released so you can start working up how you would like your loan structured using our Bike Loan Calculator. On the ‘coming soon’ list are two new tourers from BMW. These high-tech machines, the R18B and R18 Transcontinental. Both have a large 10.25” TFT display and 4 analogue instruments and a sound system by Marshall. Cruise control is standard and Active Cruise Control an optional extra. Remember, optional extras which are purchased at the same time as the bike and included on the dealer invoice can be included in your bike loan. Speak with your Jade consultant as to which options you would like included in your total loan amount. Also on the ‘coming soon’ calendar and also set for September availability is the Benelli TNT 600i. This will be of special interest to new riders, as a LAMS approved bike with an affordable price tag. New riders, especially at learning age, should note that you will need to be over 18 in order to be eligible for a Secured Bike Loan. Jade Bike Loans is a Licensed Credit Provider as approved by [ASIC](https://asic.gov.au/regulatory-resources/credit/) and we adhere to the Responsible Lending Guidelines and of course the Consumer Credit Laws. It is these laws that stipulate the 18 year age for individuals to take on consumer loans. In addition to being over 18, loan applicants must have an income/employment and provide other details re residential status and employment history. Those under 18 looking to get a loan to buy a motorbike may consider the guarantor option. This involves an approved over 18 person guaranteeing the loan. This person may be a parent or guardian or other individual as approved in the consumer laws. For those over 18 who have not applied for a loan previously, you are welcome to use our services to both assist you with the application and source you the cheapest motorbike loan. Many younger borrowers may face obstacles when applying for loans. Using the broker-style services of Jade Bike Loans can assist in overcoming many of these obstacles and setting you up with a loan that suits your requirements and at the cheapest interest rates achievable. Another new model is the CFMOTO 800MT powered by KTM. A middleweight adventure tourer with a lightweight price tag compared with others in the class. To see how the price compares in repayment estimates against the KTM 890 and Yamaha Tenere 700 use our loan calculators. **Following Doctor’s Orders with Cheap Bike Loans** One proven remedy to overcoming the ‘buying a new bike blues’ is securing a motorbike loan at a [cheap interest rate](/motorbike-loan-interest-rates). That’s our specialty and we can assist buyers with a Secured Bike Loan based on our signature cheap interest rates. A Secured Bike Loan is the most commonly used type of loan for all types of bikes purchased for private use. The motorcycle is used as the guarantee or security against the funds loaned and the borrower repays the loan in equal, monthly instalments which are fixed for the fixed term of the loan. Our consultants personally source every loan quote based on the individual requirements of each of our customers to ensure the rate and the loan conditions are ideally suited. To send Valentino Rossi on a high note, follow the Doctor’s orders and get yourself onto a new motorcycle. **For a quote on a new motorcycle loan, contact Jade Bike Loans at 1300 000 003** *DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE PRESENTED PURELY FOR GENERAL INFORMATIONAL PURPOSES FOR MOTORBIKE BUYERS AND THOSE SEEKING MOTORCYCLE LOANS. THIS IS NOT INENDED AS THE SOLE SOURCE OF INFORMATION FOR FINANCIAL DECISIONS. IF SPECIFIC ADVICE IS REQUIRED AROUND FINANCIAL DECISIONS, READERS SHOULD SEEK THEIR OWN FINANCIAL ADVISOR.* **Categories:** Bike Loan Tips --- ### [Motorbike Accessories and Your Motorcycle Loan](https://www.jadebikeloans.com.au/blog/bike-loan-tips/motorbike-accessories-and-your-motorcycle-loan) **Published:** April 19, 2022 **Author:** Publisher **Content:** Motorcycle enthusiasts are usually keen to individualise and customise their ride to stand out and to express and display their individual style and personality. Manufacturers enthusiastically support this approach by offering a range of options, extras and accessories for buyers to consider. The range of accessories and options offered could be seen by some as a strategic move to keep the basic purchase price as low as possible. But with motorcycle manufacturers clearly passionate about their riders, it is more likely to be about offering options to suit varying riders and riding conditions. But these purchases should be considered in relation to the motorcycle loan.s So selecting your motorbike is just the first stage in securing the ride you want. The buying process also involves considering what accessories you may want to include. But when it comes to those extras, should you buy at the point of purchase from the bike dealer or should you wait and add them after-purchase? What will offer the best option dollar-wise? When buying with finance, how do accessories impact the loan? We take a look at some of the motorbike accessories currently being offered and consider the tips and hints on how to include these purchases in your motorcycle loan. **Accessories and Options Available** The priority extras that every rider will need are the essentials – helmet, leathers and other protective clothing. Depending on where you intend to ride, wet weather clothing and gear for the bike may also be highly advisable. But that can be just the start, let’s look at what is on offer for pimping your ride. [CFMOTO](https://www.cfmoto.com.au/) for example has some new models to drop shortly and they will be offered with quite a wide selection of factory accessories. The models are the 800 MT Sport and 800 MT Touring adventure motorbikes. The accessories on these models to be offered by CFMOTO cover luggage, protection, ergonomics and general areas. We’re talking, or more specifically CFMOTO is talking, aluminium luggage cases, waterproof luggage bags, headlight and spotlight guards, radiator protectors, crash bars, caliper guards, seat options, fender extensions and oversized rally pegs. Another example is the [Royal Enfield](https://royalenfield.com.au/) Himalayan. Buyers of this model also have a range of accessories to consider including aluminium panniers, large engine guard, hand guard, oil cooler guard, silver master cylinder guard, pannier mounting kit, range of touring seats and different reservoir caps. BMW Motorrad is offers a range of packs on different models including a Commuter Pack which includes topcase, tank bag, TFT protection; a Touring Pack which includes similar items and the full luggage pack. The BMW packs are priced in the $2000+ range while some individual items in the CFMOTO selection top out around $700 each. Add a few of those into your deal and your buying price will increase significantly. Should you put those off and get them down the track? Should you search for non-factory accessories possibly at a lower price? We can offer a workable answer to those questions – include the accessories in your motorbike loan. **Loan Inclusions** Timing is important for your motorcycle engine but it is also important in regard to purchasing motorbike accessories and including them in your bike loan. It’s not so much about what specific items can and can’t be included but when the items are purchased that is the significant factor. If you want the cost of motorbike accessories for your new bike to be included in the overall amount of your motorcycle loan, then they need to be bought at the same time as the bike and from the same supplier. Speaking with your individual Jade Bike Loans consultant about your specific intentions is always the best recommendation. But as a general guide – order accessories when ordering your bike from the bike dealer so the costs will appear on the one sales invoice and as such included in the loan. If accessories are purchased after you finalise your bike loan and settle on the sale, the costs would not be able to be added into the loan at that point. - There is no difference on the interest rate on a motorbike loan if accessories are included in the loan. Our same cheap rates would apply. - The same [Secured Bike Loan](/secured-motorcycle-loans) would apply. - Depending on the accessories and options purchased there may be an impact on motorbike insurance. So if you want to save your cash and take advantage of current cheap interest rate motorbike loans, include the options you want when purchasing your new bike. **Calculating the Variations in Repayments** Loan repayments are calculated based on the interest rate plus the loan term and of course the total loan amount. So the inclusion of accessories will increase the total loan amount. Use our [Bike Loan Calculator](/finance-calculator) to work up rough estimates on repayments with and without the accessories you have in mind. Simply increase the loan amount by the cost of the accessories while keeping the loan term constant to see the variation. If the repayments are above your expectations, vary the loan term to see how that works out for you. The calculator can be a massive help in making those critical buying decisions before heading to the dealership to place your order. An even large assist is to source a pre-approved bike loans from us before committing to a sale. Your Jade consultant can source and structure your individual loan based on your estimated spend and for a loan term that will deliver repayments based on your requirements. Accessorising your ride doesn’t have to mean parting with hard-earned cash upfront. Speak with us about including those optional extras in your loan. **For a quote on a motorcycle loan, contact Jade Bike Loans at 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Loan Tips --- ### [Sense and Cents: Great reasons for owning a motorcycle with cheap motorbike loan](https://www.jadebikeloans.com.au/blog/bike-loan-tips/sense-and-cents-great-reasons-for-owning-a-motorcycle-with-cheap-motorbike-loan) **Published:** April 19, 2022 **Author:** Publisher **Content:** There are many types of motorcycle riders and owners but let’s generalise and narrow the classifications down to the enthusiasts and the not quite the enthusiasts yet. Focussing on those that are yet to make the move to two and purchase their first motorcycle. Not that most buyers require much convincing to purchase a new ride, but for those that are still mulling over the idea of buying a motorcycle, we offer up a few great reasons to sway you our way including a cheap motorbike loan. For simple starters, everyone has to get places. Whether you’re off to work, to uni, to visit friends, head off on a getaway, go shopping, to engage in social, sport and other recreational activities, there’s a need for some form of transportation. The basic choices are public transport, your own car, a share car, ride-share or taxi, impose on a friend, walk or your own motorcycle. All have their attractions but motorcycling does have some upfront wins over the others. Wins in both sense and cents. **Making Cents of It** When it comes to the back pocket, everyone is considering their costs of living and especially transportation if you need to cover significant distances on a regular basis. Compared with owning a car, owning a motorbike is much cheaper. While some top of the range bikes do carry equally impressive price tags, the lower to medium range models are extremely affordable. Add in our [cheap interest rate](/motorbike-loan-interest-rates) bike loan offers and buying a motorbike can be a very economical choice of transport. Our [Secured Bike Loan](/secured-motorcycle-loans) is the most popular choice of loan as it suits most buyers and most bikes. We source each loan with the cheapest interest rate achievable and that rate is fixed for the entire term of the loan. Meaning, your loan repayments don’t increase if lending interest rates increase. We’ve provided an Interest Rate Comparison Calculator to allow buyers to calculate quick repayment estimates on loans for motorbikes from a number of lenders and see how cheap our loans can be. Bikes also use less fuel than many cars and servicing tends to be much cheaper also. Parking can also be a key consideration and if you’re trying to park a car in a major town or city – good luck with that! Not only is parking hard to find, the cost of meters can be very high. Many councils provide designated motorbike parking. At home, your bike takes up way less space than a car, negating the need for a designated car space at your dwelling which could be a cost-saver. **Sensible Transport** In the times of COVID-19 where some form of restrictions by way of masks and physical distancing are tipped to stay in place into the future, motorbikes offer a sensible form of transport. Commuting solo ensures separation from fellow travellers. A benefit not offered on public transport. That’s not a mask, this is a mask! Clad in the standard rider gear of helmet, gloves, protective jacket and pants, you could say riders wear their personal COVID-safe plan. Motorbike riders do it quicker – in a good way. With the ability to manoeuvre, safely of course, through traffic, motorbike owners can get from A to B much faster than car owners. And often with less stress and more enjoyment compared with a daily car commute in capital city traffic. If you’re wondering about impact on the environment, consider that several manufacturers including the iconic Harley-Davidson have started releasing electric-powered motorcycles. So the move to two wheels can be done in a responsible and climate-considerate manner. The Australian market has a great selection of motorcycle makes and models readily available. Models are available to suit a wide range of riders and riding conditions. New riders should look to [LAMs approved models](https://www.nsw.gov.au/topics/driver-and-rider-licences/getting-your-rider-licence/approved-motorcycles-for-novice-riders) of which there are many. If this is your first bike, consider where you will be riding – for commuting, travel and recreation, your riding ability and of course your budget. Dealers are usually bike enthusiasts and will be more than happy to assist with selecting the right motorcycle for your needs. **Fast Getaways** When it’s time for a weekend or few days away, packing for the trip can be extremely time-consuming. With the limited luggage saddle bags provided on touring bikes, much of the ‘what will I take’ pondering is eliminated. Just pack the essentials and you’re on your way. If you do plan a longer tour, consider including larger saddle bags accessories which are offered on many models. We can include the cost of these extras in your bike loan when purchased at the same time as the motorbike. Don’t forget to include these extras when calculating bike loan repayment estimates on our Jade Bike Loans loan calculator. **Quick, Streamlined Loan Process** We provide a simple, straightforward and cost-saving way to secure motorbike finance. Your Jade consultant will handle the entire process from your initial enquiry through to final settlement. Our loans are available to all riders over the age of 18 years (a requirement under [Australian Consumer Law](https://asic.gov.au/)) and for all types of bikes. We tailor loans to suit our customers to ensure your bike loan fits your lifestyle and financial objectives. Of course, motorbike riding can be dangerous. Riders are strongly advised to seek professional training and renew their skills regularly, to ride safely keeping an eye out for other road users and wear full protective gear. Enough reasons? Make it happen with a call to Jade Bike Loans. **For a quote on a motorcycle loan, contact Jade Bike Loans at 1300 000 003** *DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE 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.* **Categories:** Bike Loan Tips --- ### [Planning a ‘freedom’ ride? Check out upcoming models and motorbike loans](https://www.jadebikeloans.com.au/blog/bike-loan-tips/planning-a-freedom-ride-check-out-upcoming-models-and-motorbike-loans) **Published:** April 20, 2022 **Author:** Publisher **Content:** Bored with the scenery in your own LGA, in your region, your state? Yearning to hit the open road to visit friends or faraway places on a freedom ride? While our leaders have not adopted the UK’s Freedom Day name or wide-ranging approach to easing COVID-19 restrictions, varying freedoms are being allowed in different states and regions as the vaccination rates increase and COVID-19 cases decrease. Time for optimism and for acting on plans to enjoy fully the opportunities for great motorbike rides. Time for a new ride made possible with cheap motorbike loans. To get your plans underway, we’ve taken a quick browse of some of the latest motorcycle makes, models and upgrades, what is due on the market and the motorbike loans to make that purchase. Production delays in overseas factories as a result of both COVID and computer chips have impacted many sectors including motorcycle makers. Buyers may need to be quick to get in with their purchase or pre-order to snare the make and model of their choice. We can assist with our pre-approved bike loans service which enables buyers to secure their finance prior to placing an order. Convenient, no-obligation and pretty much essential to provide the confidence to committing to a purchase. **New Ducati Monster Now Available** Ready to test ride at your [Du](https://www.ducati.com/au/en/home)[c](https://www.ducati.com/au/en/home)[ati](https://www.ducati.com/au/en/home) dealer is the new Ducati Monster. Now arrived in Australian showrooms, Ducati pitch this model as the essence of the brand in its most compact, lightest with a 166 kg dry weight and essential form. It is powered with the 937 cc Testastretta twin cylinder engine and has a sleek styling. Check out the details and variants at Features include the narrow sides and the front frame, cornering ABS, traction and wheelie control and a new gearbox. Available in a red, grey and dark stealth colour schemes, the new Monster is advertised with an $18,200 ride away price tag. Ticking your boxes? See how it ticks your budget box by referring to our Bike Loan Calculator to calculate estimated repayments or just get straight in there and call us to source you the cheapest motorbike loan quote. **Triumph Tiger Set to Roar in ‘22** If you’re buying sights are set into the new year then the new [Triumph](https://www.triumphmotorcycles.com.au/) Tiger 1200 may be one for the possible list. According to reports, it is highly likely (any production and other complications aside) that in the first 6 months of 2022 this new model will be available in local showrooms. What can you expect? Well details and specifics are yet to be unveiled but apparently it’s more powerful and lighter and as off-road capabilities. How much can you expect to pay? Without more details, the pricing has not been announced. So buyers would need to budget their buy based on current Triumph pricing and add a bit to allow for the new model. Ride away pricing on the current Tiger is around the $27,000 mark. Do the sums using our [loan calculator](/finance-calculator) so you’re ready to order when the Tiger roars onto the Oz market. **New Hondas for New Riders** For new riders looking for their first ride, the coming months should see the arrival of an updated collection of LAMS approved models from Honda. Their CB 500 range which is LAMS approved includes the CBR500R, CB500X and CB500F. These 471 cc models have been updated with each model offering its own special appeal. Updates include wheels and swing arm redesigned, new forks and brake discs. Visually, buyers will immediately see the new look with updated styling and graphics. No pricing available as yet so keep an eye on the media announcements or enquire with your local Honda dealer. **Honda Africa Upgrades** Since launching in 2016, Honda’s Africa Twin collection has been popular with the adventure riding set and 2022 the range will have a new look and upgrades. While no timeline has been sourced for the arrival of these models, we have read that both the Twin and Twin Adventure Sports models have received a new graphics look. Plus refinements in settings to facilitate smoother handling and other upgrades are expected. What price to expect? If unsure, best bet is to plan your budgeting around the current model pricing with the usual increase which typically accompanies new model releases and speak with Jade Bike Loans about a pre-approved motorbike loan. **Enacting Your Loan Plan** One aspect of buying a new motorcycle you don’t have to wait for is sourcing your loan. Whether you’re ready and eager to buy right now or wanting pre-approved finance to place a pre-order, we can assist with a cheap motorbike loan. Our [Secured Bike Loan](/secured-motorcycle-loans) is widely used and suits most new bikes and most buyers. Review the specs and reqs at our web page. While our consultants handle the quote sourcing, negotiating on rates, liaising with lenders and much of the paperwork, applicants will need to provide a range of information and data around their financial situation and other details. So getting organised with that information now can expedite the entire loan process when your bike of choice arrives in the showroom. To get moving and ready for your freedom ride, just give us a call or apply online. **For a quote on a motorcycle loan, contact Jade Bike Loans at 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Loan Tips --- ### [Want to own your bike sooner? Tips to tweak your motorbike loan](https://www.jadebikeloans.com.au/blog/bike-loan-tips/want-to-own-your-bike-sooner-tips-to-tweak-your-motorbike-loan) **Published:** April 20, 2022 **Author:** Publisher **Content:** Loans and finance are extremely useful and widely used tools to provide instant access to the goods we want to acquire when we don’t have the cash. With interest rates at current low levels and a plethora of lenders providing cost-effective consumer finance, purchasing a new machine with a motorbike loan is a very popular way to go. But by taking on finance, the borrower is actually prolonging the time period until they own the bike outright. For some buyers, that’s just fine. They are happy to stretch out the commitments and pay out the loan over whatever time fame they can secure. Others have reasons for wanting to finalise their loan as quickly as possible so they have full ownership of the motorcycle without encumbrances. The reasons for owning a bike sooner can be varied, individual and personal but typically include:- - Looking to take on other loans for other purposes, possibly to add to your motorcycle collection. It can be beneficial when applying for new loans to have minimal other loan commitments as this is assessed by lenders when forming their offer. Check your [credit score](https://moneysmart.gov.au/) and fix and errors. - A personal goal to clear debt quickly in order to pursue new financial goals. - Looking to resell, trade and upgrade in a relatively short timeframe and want the bike paid off in sync with those plans. Selling or trading in while ‘under finance’ may attract break fees. - Realising the asset value of the motorcycle to improve a personal balance sheet. - Expecting or to cover off on any future changes to financial circumstances. Whatever the reasons, there are a number of ways that borrowers can tweak their motorbike loan in order to own the motorcycle outright sooner than the end of the loan term. Actions to own the bike sooner can be made at various stages of the loan process including prior to application, while setting up the initial loan and during the loan term. **Pre-Application Considerations** If paying off the bike loan is a priority, there are a number of actions or considerations that applicants can address prior to making a formal loan application. Selection of loan type, either secured or unsecured may be one. While our [Secured Bike Loan](/secured-motorcycle-loans) is definitely the most popular type of loan for new bikes, break fees do apply when a loan is paid out early. So if the decision is made mid-term to pay out the loan, these fees would need to be paid. [Unsecured Personal Loans](/unsecured-personal-loans) are an alternative and if established with a variable rather than a fixed interest rate, no break fees usually apply if the loan is paid out early. However, due to their nature, unsecured loans attract a higher interest rate and as such the overall cost of the loan will be higher than with say a fixed interest rate secured loan. Having a [good credit profile](https://moneysmart.gov.au/) is key to getting the best interest rate which can lead to paying off the loan earlier. Addressing any problems or errors in a credit report prior to making a loan application may contribute to being offered a cheaper interest rate or better loan deal. This can result in lower repayments and hence paying off the loan faster than if a higher interest rate is applied. Deciding between buying a new or a second-hand bike may also play a part. New goods may attract cheaper interest rates than used. As the interest rate determines the overall cost of the loan this may mean a used bike loan may take longer to repay. Weighing up the costs and benefits in regard to bike loans of new v used prior to purchase may be worth considering. **Initial Loan Set Up and Structure** If paying off the bike quickly is the priority, then opting for a shorter loan term may achieve that goal. Our consultants negotiate with the lenders for the loan term that best suits our individual customers. The loan term in conjunction with the interest rate and total loan amount determines the monthly repayment amount. The longer the loan term the lower the repayments. The shorter the loan term the higher the repayments. To own the bike sooner, opt for higher repayments over a shorter loan term. Refer to our [Bike Loan Calculator](/finance-calculator) to see how this works. Reducing the total loan amount is an obvious way to enable a loan to be repaid faster. Motorcycle buyers can achieve this in a number of ways which include: selecting a lower priced bike or by paying a deposit to the seller to reduce the amount required to be borrowed. **Mid-Term Loan Adjustments** Paying attention to personal financial objectives when setting up a motorcycle loan makes good sense because making changes to a loan during the loan term can be more complicated but there are work arounds. If mid-term the borrower decides they want to make major changes to the repayments and loan term may actually require refinancing. This means replacing the existing loan with a new loan structure and that would involve fees and charges. Refinancing attracts fees of establishing a new loan and break fees for finalising the loan early. An easier way to make minor tweaks is to make additional payments over and above the fixed monthly repayments. Perhaps you’ve received your tax return and decide to put that towards your bike loan in extra payments. Possibly received a pay rise and that could go to a little extra on your bike loan each month. Making extra payments is permitted for both secured and unsecured motorbike loans but there are considerations to be addressed. By making extra payments the loan will be paid off sooner than the fixed loan term which has been set. Paying out a loan early can attract break fees which would need to be paid. To find out more about break fees, refer to our article in our resources library or speak with one of our consultants. Our objectives include assisting our customers to achieve their personal financial goals. If that means owning your motorbike outright sooner, then speak with one of our Jade Bike Loans consultants to discuss the best option for you. When speaking with our consultants at the outset, have a clear vision of your objectives so the loan can be structured to meet your needs. **For a quote on a motorcycle loan, contact Jade Bike Loans at 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Loan Tips --- ### [Cheap Motorbike Loan Payments: The Interest Rate-Terms-Repayment Connection](https://www.jadebikeloans.com.au/blog/bike-loan-tips/cheap-motorbike-loan-payments-the-interest-rate-terms-repayment-connection) **Published:** April 20, 2022 **Author:** Publisher **Content:** When you’re buying a new motorbike, what are looking out for? Manufacturer? CC? Reputation? Appearance and style? Performance? Safety? Price? For most buyers, probably all these factors have an impact on the final choice. But if you plan to take out a motorbike loan to make the purchase, then another factor to add to your buyer consideration list is affordability, aka the monthly motorbike loan repayments. Specifically cheap motorbike loan payments. How much the bike will cost you on a weekly/monthly basis is probably a lot more relatable than the price tag displayed in the showroom or on the website. The monthly loan repayments essential break-down that price tag into smaller, more easily digestible pieces! So are you looking for the cheapest bike repayments possible? Jade Bike Loans points out what you should be looking for to achieve cheap motorbike loan payments in the connection between bike loan interest rates, loan terms and the monthly loan repayments. **Rate-Repayment Context** There are a number of components that make-up a motorbike loan. There are the charges and fees applied by banks and lenders for starters. But the largest component is the total interest payable on the bike loan. Hence the general fixation on [interest rates](/motorbike-loan-interest-rates) across the lending sector. The specific interest rate that banks and lenders will apply to motorbike loans depend on their activity in the market and their own costs of sourcing borrowing funds as well as the cash rate set by the [RBA](https://www.rba.gov.au/). Some lenders may not advertise a specific Secured Bike Loan, as Jade Bike Loans does. You may have to delve further into the lender website to see what general Secured Personal Loan they have for the purpose. Our [Secured Bike Loan](/secured-motorcycle-loans) includes a fixed interest rate and this is significant to repayments. The cheap interest rate we secure for our customer initially, remains constant for the entire bike loan term. That flows on through to keep monthly loan repayments constant over the term also. To save you the time of browsing the market, we’ve prepared an Interest [Rate Comparison chart](/motorbike-loan-interest-rates) which shows the loans and interest rates currently offered by a range of lenders. Comparing the repayments at the differing rates as displayed, clearly demonstrates the important connection between the interest rate on the loan and the monthly repayment for that loan. When comparing rates and repayments with our resources or your own research, remember that not all fees and charges may be included in the estimates. So an offer that may be made to you for a bike loan may differ from the results calculated on generic devices such as these calculators. **Loan Term-Repayment Link** Now we bring in the bike loan term for consideration in structuring the motorcycle loan to suit the desired outcome. Interest is charged on loans ‘over time’, hence the ‘per annum’. So it would logically follow that the longer the timeframe the more interest would be charged. There are other contributing factors such as the way the interest is calculated and when over the loan term, but for this explainer, we’ll keep it relatively simple. - A long bike loan term = lower bike loan payments = greater total interest payable on the loan, compared with… - A shorter bike loan term = higher bike loan payments = less total loan interest payable. Deciding on what motorcycle loan term and the resultant repayment level before you speak with our lenders can be advisable. It gives our consultants a target to work towards achieving for you. Individual lenders do have guidelines around the loan terms they will offer and that may come into play. Also remember that you can make extra payments on our Secured Bike Loan. This is permitted and such payments can be made intermittently as desired by the borrower. This can be a strategic way to reduce the loan term and interest total payable while still retaining a repayment level that suits your current budget. Finalising a loan prior to the scheduled end of the loan term attracts break fees which should be accounted for. **Calculating the Preferred Repayment** All this may seem quite complex but we’ve made the calculation part of the process super easy with our Bike Loan Calculator. You can use this loan tool at any time, prior to initial loan discussions, while tossing up between a number of different machines or during the loan application conversations with our consultants. Enter the data as indicated and change different values to see how that affects the monthly estimated repayment. Keep in mind that loan charges and fees would also need to be added in so take the result as a ballpark only. Of course, the total amount being requested will impact the bike loan repayment. We do offer the facility for ‘no deposit bike loans’ meaning the full purchase price can be included in the loan. Subject to approval. But if targeting a smaller repayment is the priority, then paying the seller a deposit from your cash resources to reduce the loan amount could be an option. **Achieving that Target Cheap Repayment** So now you know how repayments are calculated, you’ll likely now want to know how you can actually receive the cheapest bike loan repayments yourself. You’ll want to source the cheapest interest rate loan on the market and be in a position to negotiate with the lender to secure the loan term that gives you the repayment level you’re seeking. Not always a simple task as lenders are not always up for negotiating directly with customers. Letting Jade Bike Loans handle the whole process on your behalf can deliver a superior outcome. We have access to multiple lenders and we know exactly which ones will be a match for your requirements. Add to that our bargaining power due to the volume of business we write, and you have several compelling reasons to simply call Jade Bike Loans for your motorcycle loan. **For cheap motorcycle loan repayments, contact 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 ARE *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.* **Categories:** Bike Loan Tips --- ### [How to Secure a Great First Bike Loan](https://www.jadebikeloans.com.au/blog/bike-loan-tips/how-to-secure-a-great-first-bike-loan) **Published:** April 21, 2022 **Author:** Publisher **Content:** Making the decision to buy a first motorbike is a big moment. The coming of age of sorts for riders and for many the start of a lifelong fixation with two wheel transport. Narrowing down the choice of ride will depend on numerous issues including riding ability, transport needs balanced with recreational adventures and very importantly, price. Most motorcycle buyers will require finance to make that purchase and if it is a first loan application, that can come with challenges to overcome. But securing a great first bike loan is not an impossibility. A great motorcycle loan is a real possibility for even first bike loan applicants, when you know your way around the lending scene – what to expect, how to prepare and who to go to for genuine assistance and lending services. Jade Bike Loans specialises in loans for all types of motorcycles and riders and we share the basics on first loans to assist applicants prepare and proceed. **Consumer Finance Laws** Depending on state regulations, learner riders may be under 18 when they are permitted to ride a motorbike. But when it comes to taking out a loan to purchase a machine that is not the case. Applicants will need to be over the age of 18 to apply for a bike loan. That’s not us being the fun police – it is a regulation under [Australian Consumer Laws](https://asic.gov.au/) that all credentialed lenders must abide by. Motorbike loans for personal use rides are classified as consumer finance, as opposed to business finance. In Australia, laws and regulations are in place which govern how consumer finance can be issued. Licensed Credit Providers such as Jade Bike Loans must abide by these laws and adhere to the responsible guidelines as set out by ASIC. [These laws](https://asic.gov.au/for-consumers/loans-and-credit-cards/) are in place to protect the borrower from taking out credit that they are not in a position to repay. It may be worth checking out as background research and prep. One of the key issues which may be relevant to first bike loan seekers is the age restriction – you need to be over the age of 18 to be eligible to apply in your own right. For those under that age wanting to secure their own bike, they can consider having a family member or other older person go guarantor for the loan. There are rulings and implications that both parties should be across so as to be well-informed in proceeding. **Credit Profile** Regardless of what type of loan is being applied for or how many loans have previously being applied for or undertaken, the applicant’s credit profile will form a major part of the approval process. Lenders assess individual credit profiles when approval loans and making loan offers. It is highly likely that even if no formal loan applications have been made previously, most individuals over 18 years will have a credit profile. A credit profile is not something that the individual needs to set up themselves. Essentially it is done and entries made by banks, lenders, finance companies and other credit providers. For young people embarking on a first loan, previous entries on a credit profile may relate to an account for a mobile phone, internet services, streaming pay to view services, credit card accounts and buy now pay later if those arrangements have been entered into. Rental payments are also a finance agreement that may be reported to the credit agencies. Before applying for a first motorbike loan, applicants are strongly recommended to check their credit profile to see their score and fix any errors that may be listed. Details on how to go about this can be found on the [MoneySmart](https://moneysmart.gov.au/) website. **The Motorbike Lending Market** Finding the right lender that suits a first bike loan applicant can be daunting. The consumer lending market is vast and growing as new lenders enter the market. Each lender will have their own individual guidelines around approving loan applications and as these vary, it can be complex and time-consuming to source the one most suited to you. While not all banks and lenders promote specific motorcycle loans, Jade Bike Loans is a specialist in this area and we work with customers of all types and ages buying a wide range of motorcycles. Our services are available to first bike loan applicants and include sourcing the cheapest loan quote at the cheapest interest rate, assisting with completing the loan application, approval of the application and liaising with the bike dealer to finalise the sale. Services that save our customers time, hassle and usually money! To complete loan application, proof of income and details of employment, residence, finances and other aspects will need to be provided. To bust a potential myth or doubt that first loan applicants may have – [cheap interest rates](/motorbike-loan-interest-rates) and great loan deals can be achieved. **Secured Bike Loan** The most popular loan type is the [Secured Bike Loan](/secured-motorcycle-loans). This is suitable to both first loan and subsequent loan applicants. It does not have restrictions based on the number of loans previously held as the same features and benefits are applicable to all loan applicants. Each loan application is assessed on the individual merits and creditworthiness of the applicant. The type of bike will be considered as part of the application assessment process with used machines potentially subject to greater scrutiny in regard to age and condition. Applying for a first motorcycle loan can be as exciting and enjoyable as buying a first bike, by engaging with us and taking advantage of our broker-style lending service which is available to all-comers. **For a great first time motorbike loan, contact Jade Bike Loans at 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Loan Tips --- ### [Implications of a Short or Long Term Motorbike Loan](https://www.jadebikeloans.com.au/blog/bike-loan-tips/implications-of-a-short-or-long-term-motorbike-loan) **Published:** April 21, 2022 **Author:** Publisher **Content:** When seeking a loan to purchase a new motorbike, buyers have a number of important factors to consider. Key to the overall outcome is the decision around the length of the loan. This decision can impact the repayments and the overall cost of the loan. As specialist motorcycle lenders, Jade Bike Loans details the implications of a short or long term motorbike loan to assist buyers arrive at the best structure for their loan. While there is a focus on interest rates in regard to consumer finance, the loan term should not be overlooked in the overall assessment of the motorbike loan. Specifically, the relationship between the interest rate, the total amount of the loan and the term of the loan. These work together to determine the monthly bike loan repayments which can be key to the affordability of the purchase. **Considerations** We offer motorcycle loan terms up to 7 years/84 months. So for the purpose of this analysis, we’ll take 7 as a long term bike loan and say 3years/36 months as a shorter term and or 4 years/48 months as an average term to provide perspective for the issues to be discussed. - In basic terms, the longer the bike loan term the smaller the monthly loan repayments and the shorter the motorcycle loan term the bigger the monthly payments. - We arrange [Secured Bike Loans](/secured-motorcycle-loans) with fixed repayments. So once the term and the repayments are agreed to, they remain in place over the duration of the years of the term. - The loan repayments need to work with the borrower’s budget now and over the full term of the loan. Looking ahead to expected income levels forms part of a personal assessment of loan requirements. - A shorter loan term will mean you will own the bike sooner. When taking out a Secured Bike Loan, the borrower does take ownership and is responsible for the ongoing costs from day one. But the lender holds a claim over the bike as it is used as security against the loan. This security is registered by the lender on the [PPSR](https://www.ppsr.gov.au/). When all payments are finalised, this security is released. - Additional payments can be made with a Secured Bike Loan if a wage rise is received or additional monies come your way. Note that by making these extra payments on top of the scheduled payments, it will mean the loan will be finalised sooner and effectively shortens the loan term. Break fees would apply when a loan term is ended early. These are minimal and will be outlined by your Jade consultant when the loan quote is presented. - Lenders will have a say in the loan term that they will approve. Some will have a minimum and some a maximum. Most lenders will take into account an assessment of the individual loan application. - The projected value of the machine at the end of the loan term is a serious consideration. Most buyers would be looking to have the amount due on a loan in line with the value of the asset. - Upgrading timeframe – is this bike a keeper? If you are the type of rider that likes to regularly upgrade to the newer machine, then that can come into the equation when talking loan terms. If looking to sell or trade up before the end of the loan term that is known as selling a bike ‘under finance’. The same outcomes as mentioned above about ending a loan term early would apply. Most would be seeking a situation where the resale price is equal to or exceeds any payout figure on the loan. - Terms can’t easily be changed once an agreement has been reached with the loan. So paying attention to all these details upfront is important. **Worth Remembering!** Current low [interest rates](/motorbike-loan-interest-rates) on consumer finance in general can result in lower repayment levels than at other times when higher rates were offered. This allows buyers to opt for a shorter loan term and pay off the bike sooner while maintaining a workable repayment level. Alternatively, opt for a longer loan term and enjoy an even lower monthly loan payment, knowing the opportunity is always there to make extra loan payments. Interest rates on our motorbike loans are fixed so the rate and the repayments remain the same for the full loan term. Most importantly, you won’t be alone in working through all the implications and machinations when you choose to engage Jade as your lender. Your Jade consultant will be assisting you with the entire loan process and raising issues for you to make your own personal decisions around. **Calculating Your Ideal Motorcycle Loan Term** The achieve the ideal loan term, the best interest rates and loan conditions means submitting quality loan applications. The lender’s assessment of the personal credit report is critical in the loan application approval process. Maintaining a [good credit profile](https://moneysmart.gov.au/managing-debt/credit-scores-and-credit-reports) and score can improve the prospects of being approved for preferred loan terms and conditions. To start working out how you may like your loan structure for your upcoming purchase, use our [Bike Loan Calculator](/finance-calculator). By keeping the loan amount and interest rate steady but changing the number of years of the loan term, you can see how the repayment estimates change. When using this resource, be aware that it doesn’t have a memory. Noting down the calculation results can be helpful. **For a motorbike loan sourced and negotiated to meet personal term requirements, contact 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 ARE *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.* **Categories:** Bike Loan Tips --- ### [Motorcycle Loans for the Latest Triumph Models](https://www.jadebikeloans.com.au/blog/bike-loan-tips/motorcycle-loans-for-the-latest-triumph-models) **Published:** April 21, 2022 **Author:** Publisher **Content:** According to recent survey about post-pandemic plans, many Australians are planning to holiday in their own state or interstate in the near future, regardless of the easing of international travel restrictions. For motorcycle enthusiasts that is more than certain to include a road trip on their favourite machine. Or better still, on a new machine. There is a wealth of amazing riding roads and destinations in all states and territories, made more enjoyable no doubt on a new motorcycle. Buyers considering the latest models due for release from say Triumph can look to Jade Bike Loans to arrange their motorcycle loans ahead of the launch. We provide a preview of the latest releases from Triumph, update on current models and details on securing finance in the current low interest rate environment. **Triumph Latest Releases** Arriving on the Australian market in early 2022 were three new [Triumph](https://www.triumphmotorcycles.com.au/) models which celebrate the special culture of motorcycle riding in Britain. These limited edition machines are only available for the one year, so heads-up buyers, time to start planning your purchase and arranging your finance so as not to miss out. These three special edition Triumph motorcycles are:- - Street Twin EC1 which is a nod to the custom classic culture associated with the East End in London. Hence the EC1 which is the area’s post cod. This model includes matte aluminium silver and matte silver ice paint, special graphics and new fly screen. - [Thruxton RS](https://www.triumphmotorcycles.com.au/motorcycles/classic/thruxton-rs) Ton Up which celebrates the racer culture prevalent in the 50s and 60s. The ‘Ton Up’ refers to a group, the Ton Up Boys, that were renowned for racing between cafes. - Rocket 3 which reflects the 221 Nm torque which is produced by the machine. This special edition will be available in 221 and GT versions. Check this one out for the red hopper paint, special graphics and more special features. Each model has a paint scheme that is unique plus custom details dubbed as ‘premium’. If you have an affinity for the British motorcycle culture then one of these special edition Triumph machines should probably headline your buying options. These special edition models may be difficult to capture. Check out what is [currently available in Australia](https://www.triumphmotorcycles.com.au/) from the iconic British badge. or visit your favourite Triumph dealer and have the conversation around availability and pre-ordering. With the limited editions only available for one year, competition could be fierce to secure one. Securing your bike finance with a pre-approved bike loan in advance, may improve your chances. Jade Bike Loans provides [pre-approved loans](/secured-motorcycle-loans) for all types of motorbikes and the application process is streamlined and easy. No special tricks or requirements. The process is the same as when you apply after making that purchase commitment. The key difference being it happens prior to knowing exactly what the loan amount/price will be. Your Jade consultant assists with this by estimating the loan amount. The loan is finalised with the exact figure at the stage of finalising the purchase. There is no obligation with pre-approved loans so if you change or mind, or God forbid miss out on a machine, there’s no issue. **Triumph Motorbike Loans** Lenders like Jade that are active in the motorbike finance market understand riders, bike enthusiasts and the market. This gives us the edge in securing our customers better interest rates and a loan tailored to their specs. We know riders are looking for a bike loan that is as well-suited to their lifestyle and budget as the motorcycle itself. Not always achievable with cookie-cutter, one size fits all generic consumer loans as offered by some lenders. Is achievable when a specialist broker-style lender sources, negotiates and structures the loan, aka custom bike loans. The [Secured Bike Loan](/secured-motorcycle-loans) is the way to go for most new bike purchases for most buyers. It follows the standard secured loan format with the bike used as the security against the loan. No deposit finance is available so the full price tag amount can be included in the loan. **Calculating Repayments** Affordability is best reflected in the bike loan repayments rather than the price tag. The easiest way to get an estimate on repayments and hence get an idea of affordability is by using our [Bike Loan Calculator](/finance-calculator). Just enter the amount of the loan, our current cheap interest rate and preferred loan term and the calculator does the work. With these amazing new Triumph models available. it’s never too early to start sorting your finance. Start talking with us about a Triumph bike loan which is custom-matched to your budget and your individual financial goals. **For loans on any of the Triumph motorcycle models, contact Jade Bike Loans at 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Loan Tips --- ### [No Deposit Motorbike Loans: Explainer](https://www.jadebikeloans.com.au/blog/bike-loan-tips/no-deposit-motorbike-loans-explainer) **Published:** April 21, 2022 **Author:** Publisher **Content:** After an extended period of restrictions due to the COVID pandemic, many motorbike enthusiast are keener than ever to acquire a new bike and head off on a road trip. But the timing could be problematic in terms of finances. If income from a job or business has been impacted even marginally by the economic conditions prevailing over the past 2 years, there may not be a lot in the kitty for a deposit on a new motorbike. For buyers not wanting to make an upfront payment on a new motorcycle, no deposit motorbike loans are an option to seek out and consider. To ensure buyers fully understand what is involved with a no deposit loan, including what is and isn’t eligible and other important factors, Jade Bike Loans provides this explainer. **What does ‘no deposit’ mean?** In general terms paying a ‘deposit’ usually refers to paying the dealer an upfront amount. Usually this is requested to hold the goods while the buyer finalises their finance or while the dealer completes the pre-sale checks, registration and prepares the motorbike for delivery. But in the context we are discussing here, ‘no deposit’ in lender-speak means including the full purchase price of the motorcycle, even including some extras where applicable, in the loan. This ‘no deposit’ can apply regardless of whether or not a holding deposit has been paid to the seller. By being able to include the full cost of the purchase, including registration, in the motorcycle loan, the buyer can keep their cash funds for other purposes. Where a holding deposit is paid to the seller and the buyer requests a no deposit loan, under most circumstances the seller usually will simply hold the deposit and return it to the seller after the lender settles the full payment. **Eligible Applicants, Eligible Motorbikes, Loan Types** All types of motorbikes would generally be eligible – street, off-road, adventure, cruisers, standard, and others, of all cc sizes and from all major manufacturers including BMW, [Harley-Davidson](https://www.harley-davidson.com/au/en/index.html), Suzuki, Kawasaki, Royal Enfield, KTM, [Ducati](https://www.ducati.com/au/en/home) to name just a few. Primarily no deposit motorcycle loans would be available for new goods as the value and the purchase price could usually be deemed ‘in sync’. Used motorcycle loans would be assessed in terms of the age and condition and the market value of the machine. If the value is lower than the amount of the purchase price and hence the loan amount requested, the lender may not approve a no deposit loan application. While a loan applicant can ask for no deposit finance and we do offer the option, approval is still up to individual lenders. Lender approval of no deposit finance will be based on a number of factors including:- - Their risk assessment of the applicant in terms credit profile and other factors. - Where the borrowing power and hence ability to repay the loan is not considered suitable for that amount. If the lender deems the borrower not suitable to take on the full ‘no deposit’ loan amount, they would request the loan amount be reduced. If you’re not sure how you rate in credit terms, check your credit score and see if there are ways to improve your score prior to making your motorbike loan application. Reducing debt by paying off other loans and commitments may also contribute to a better loan offer. No deposit loans are attainable across our loan portfolio:- - [Secured Bike Loan](/secured-motorcycle-loans) for buyers of machines for private use. - Chattel Mortgage, Leasing and Commercial Hire Purchase for buyers that are purchasing a motorcycle for business purposes and/or for use in a business. **Effect on the Loan** As mentioned at the outset, a no deposit loans allows the buyer to keep their cash for other purposes. But by including the full purchase price of the bike in the loan, it increases the size of the total loan amount compared with paying an upfront deposit to the motorcycle dealer. That larger loan amount would result in more total interest payable over the term of loan compared to the amount of total interest with a smaller amount. Depending on the loan term and resultant loan repayments the larger loan amount may mean taking longer to pay off the loan and getting ownership in full of the machine. A smaller loan amount ie paying an upfront and not a no deposit loan, may result in the debt being cleared sooner and the bike ownership achieved sooner. The same [bike loan interest rate](/motorbike-loan-interest-rates) would apply regardless of the loan amount. Lenders will assess and approve loans, set the interest rate and make a loan offer based on primarily the credit profile of the applicant. With interest rates at historic lows after the RBA has kept them on hold since November 2020, it can make good sense to take advantage of the current cheap lending climate by applying for a no deposit bike loan. **Deciding if No Deposit is for You** The decision around whether or not a no deposit bike loan is the right way to go for you, will involve consideration of individual financial objectives. The decision may also hinge on the difference in loan repayments for a no deposit loan and when a deposit is made. Use our Bike Loan Calculator to work up the figures to assist with your decision. **For a quote on a no deposit motorbike loan, contact Jade Bike Loans at 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Loan Tips --- ### [Preparing to Apply for a Motorbike Loan](https://www.jadebikeloans.com.au/blog/bike-loan-tips/preparing-to-apply-for-a-motorbike-loan) **Published:** April 22, 2022 **Author:** Publisher **Content:** Embarking on the journey to buy a new motorbike is usually the start of a very exciting experience. Making your list of possibles and probables, different makes and models and thinking through how each will work for your lifestyle and meet your two-wheel travel purposes. A motorbike is a considered purchase and deserves in-depth consideration of many aspects. If you plan to take out finance to make that purchase, then equal consideration should also be taken of the loan side of the purchase. There are a number of actions that motorbike buyers can take in preparing to apply for a motorbike loan which can contribute to a cheaper loan offer and a faster approval process. Both highly desirable outcomes for those seeking a bike loan. **Review and Repair Credit Rating** There are many lenders in the consumer finance market – banks, finance companies, non-bank lenders and broker-style lenders such as Jade Bike Loans. While differences prevail in regard to interest rates, loan features, lender approach and other aspects of how they operate, there is one constant. When assessing consumer loan applications, the credit rating and profile of the loan applicant forms an essential part of the process. So if you think you may have issues with your credit score, possibly been late with payments of bills or other loans or have had some problems in the past, then prior to applying for a loan is the time to address this. Get a copy of your credit report, which is available free of charge, and see what is included and what can be fixed. Information can be sourced at [MoneySmart](https://moneysmart.gov.au/), a Government website which provides details on how credit scores and credit profiles. Other ways which can improve a credit profile are:- - Pay down debt by paying out other loans if possible - Reduce credit card balances In general terms, the less current loan commitments the better the credit score/rating. **Assemble Financials** Access a consumer loan application form which you can source from [Jade Bike Loans](/approval), to see what information, details and data you will be asked to provide. Knowing what to expect can remove any surprises and give you the chance to prepare and source the docs and historic details that you will need ahead of time. Trying to remember on the spur of the moment the name of an agent/landlord for where you lived 5 years ago could be a stretch! Docs and details around:- - Income and employment history – payslips, tax returns etc - Residential history – possibly details re landlord, rent paid etc - Assets including cash and goods – bank statements etc - Regular expenses, costs of living etc - As most transactions are done via electronic transfers and cards, download recent bank statements for those card accounts Prepare your own rough budget to get a good idea of what you feel you can comfortably afford in new bike loan repayments so you can brief our consultants or other lenders to source loan quotes. Remember that when buying a bike with finance, the lender will require you to take out an insurance policy. Don’t forget to allow for this when preparing your budget. Many policies can be paid monthly rather than annually and as such can be more easily budgeted for. **Matching Model Choice with Loan Repayments** Price tag doesn’t mean that much when buying a bike with finance. The more significant figure is likely to be the monthly repayment. That’s the amount you are going to have to meet every month for the term of the loan. There’s little point in proceeding with discussing price on a model if the repayments on the loan are beyond your affordability. On the other side of that coin, with the [cheap interest rate loans](/motorbike-loan-interest-rates) we can achieve on motorcycle loans, that higher-priced model may be more affordable than you think. So before making the purchase decision, add our [Bike Loan Calculator](/finance-calculator) to your buying toolkit. This is a great tool for quickly getting rough repayment estimates for as many bikes as you want. Just enter the price, remembering to include an allowance for on-roads, rego etc, select the loan term you would prefer and automatically a loan repayment estimate is displayed. Great way to match bike model dreams with repayment realities! **Seek Professional Loan-Sourcing Assistance** There are many lenders in the motorbike loan space. Not all will actually list a specific motorcycle loan but most will have a general Personal Secured Loan which would cover motorbikes. With such a wide variation in interest rates and even the type of loan, it can be a challenge to and time-consuming to narrow down the market to what is best for you. Engaging the services of a finance broker such as Jade Bike Loans instantly cuts through and cuts out many of these issues. With our vast lender accreditations and sharp negotiating skills, we can quickly and easily source and bargain for the best loan that suits your individual requirements. Before approaching the actual loan application process, feel free to have an obligation-free discussion with our team about how we can assist you before, during and after applying for your motorbike loan. **To discuss how we can assist bike buyers looking to apply for a loan, contact Jade Bike Loans at 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Loan Tips --- ### [Tips to Compare Motorbike Loans](https://www.jadebikeloans.com.au/blog/bike-loan-tips/tips-to-compare-motorbike-loans) **Published:** April 22, 2022 **Author:** Publisher **Content:** Buying a motorcycle is fun, enjoyable and definitely a process to look forward to with excitement. Test riding the latest makes and models, talking bikes with dealers and colleagues and pouring over brochures and websites for all the latest info. But most will require a motorbike loan to purchase their ride and getting a motorbike loan can be a lot less than fun and excitement for many buyers. To simplify the process, we provide our expert tips and information to easily compare motorbike loans and where to get the cheapest loan deals. When embarking on the process to compare motorbike loans, buyers will want to be up to speed on the lender market, types of loans available and which best suits them, the interest rate scene and how they can cut to the chase to get that cheap loan quickly and easily. **Motorcycle Loan Market** Essentially and in general terms, the loan market is made up of the traditional banking sector, finance companies which are non-bank lenders, finance available through dealerships and finance brokers like [Jade Bike Loans](/). Some lenders specialise in particular areas while others are more general and offer loans for all types of purposes. - Banks have traditionally been the major lenders for just about all types of loans. But due to their status as banking institutions, they must operate to strict guidelines. In regards to motorcycle loans, most major banks will have this covered under their generic Secured Personal Loan category. - Finance companies are by definition non-bank lenders as they don’t hold banking licences under Australian law. But many of the larger ones are so large that they still have quite strict lending conditions to follow according to their corporate structure. - Finance through new bike dealers is often associated with the finance part of their manufacturer of the bike. These deals are offered widely and can appear on the surface to be convenient. But smart riders will know to check out what else is available as cheaper interest rate loans can be on offer. - Finance brokers including Jade Bike Loans provide many benefits to buyers through their accreditation with many lenders and through their comprehensive, expert loan services. They can easily and very quickly assess the bike loan market to source the cheapest offer that meets individual application specifics. **Swat up on Interest Rates** Interest rates are always in the news but if you’re not in the market to borrow, then it may be ‘white noise’ in your world. Before applying for a motorbike loan it could be worth getting across at least the basics. Interest forms the greatest cost component of a loan and as such, knowing how and where to get the lowest rate should be a priority. The official cash rate forms the basis that lenders then build in their own costs and set the rates they will offer on different loans. The [RBA](https://www.rba.gov.au/) establish the official rate. Lenders also build in their interest in operating in certain markets. So sourcing a lender that specialises in motorcycle loans can be key to achieving a lower rate. The interest rate offered is also determined by a risk assessment by the lender of individual applicants. That relates to the credit rating or score. Prior to making an application, bike buyers can check their credit profile. Interest rates on loans can be at either a fixed rate or at a variable rate. Fixed is the more common way with secured consumer loans. It means the rate stays the same over the loan term. Consumer loan advertisements will also display a Comparison Rate, a requirement under [Australian Consumer](https://asic.gov.au/) laws. This is the interest rate on a specific motorbike loan after the loan fees and charges are included. It can provide an indication of whether or not higher charges are applied by a particular lender. Business finance interest rates are always lower than for consumer loans. Ensure you are reviewing the correct rate for your bike purchase. Business rates only apply to motorcycles being purchased for use in a business and by a business entity or ABN holder. **Know the Difference between Secured and Unsecured Loans** Different types of loans are available for business versus personal motorbike buyers. As most motorcycle purchases are for private use, we’ll focus on consumer loans. There are two main types of loans: Secured and Unsecured. - [Secured Motorbike Loan](/secured-motorcycle-loans) is the most commonly used and will be suitable for the majority of buyers. The bike becomes the security for the lender. The repayments are typically in equal monthly amounts over a fixed term and the loan is priced at a fixed interest rate. - For some used bikes, resto projects and in other circumstances where the bike is not suited as security, an Unsecured Personal Loan may be applied for. These may be at fixed or variable interest rates and differ in features to secured loans. No Deposit Loans are widely promoted these days but are not a specific category of loan. These are simply loans where the entire bike price is included in the bike loan. Buyers may still have to pay a holding deposit to the dealer before the lender settles the transaction. Pre-approved bike loans are also not a different type of loan. They are the same loans but arranged and processed based on an estimated loan amount and before the purchase is finalised or the bike even decided on. **Cutting to the Chase** To take out pole in comparing bike loans, buyers have a number of resources at their disposal. Our Bike Loan Calculator allows buyers to see the loans available through a number of lenders and how those individual loans calculate out to monthly repayment estimates. Using our finance broker style services can greatly assist many buyers to quickly source the cheapest bike loan. Our Jade Bike Loans consultants do the hard work in sourcing and negotiating loans with our lenders and even assist with settlement. Comparing bike loans is made easy and essentially becomes a time-consuming thing of the past when buyers engage us to find their bike loans. **To discuss how we can assist bike buyers looking to apply for a loan, contact Jade Bike Loans at 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Loan Tips --- ### [Security with a Secured Motorbike Loan](https://www.jadebikeloans.com.au/blog/bike-loan-tips/security-with-a-secured-motorbike-loan) **Published:** April 22, 2022 **Author:** Publisher **Content:** For buyers seeking finance to purchase a new motorcycle, the Secured Motorbike Loan is by far the most popular choice of loan. For lenders that don’t offer a specific Secured Motorbike Loan, a similar format loan may come under the category of Personal Secured Loans. While widely used this type of loan may raise some confusion around the meaning of the word ‘secured’ in the title. Loan seekers may be unclear around what security is actually included in a secured loan. Does it relate to safety? Is there risk attached to other options? What exactly is the security in a secured loan? These are just some of the questions that loan applicants may have. It is essential that loan applicants are fully informed when making decisions around finance. Under [consumer law](https://asic.gov.au/) in Australia, licensed credit providers like Jade Bike Loans must adhere to specific practices and steps when arranging consumer finance. To ensure loan applicants are well-informed in regard to their choice of motorcycle loan, this explainer provides information of the security with a Secured Motorbike Loan. **Secured Defined** A [Secured Motorbike Loan](/secured-motorcycle-loans) or any other type of ‘Secured’ loan usually refers to a type of consumer loan. A consumer loan being a loan made for the purchase of goods for private or personal use as opposed to for use in a business. Business loans can also be ‘secured’ but for this explainer we will keep the discussion to consumer or personal loans. The Secured Bike Loan follows quite a universally-accepted format. Meaning that most secured loans offered by most lenders will have the same if not very similar structure and inclusions. The reference to ‘secured’ is in relation to the security for the lender. The motorbike or other goods are offered as security by the borrower to the lender against the monies loaned. The security is therefore more for the lender than for the borrower. Loan security is also known as guarantee. The lender is assured that if the borrower defaults on their repayment commitments they essentially have some level of security to recoup the monies outstanding. If a borrower does default, meaning not meeting their repayment obligations, there is a process that the lender can follow to resolve the issue. The process can vary from lender to lender and depend on individual approaches. If a payment is missed, lenders may send a reminder notice. If the loan holder fixes the situation by making the payment, no further action may occur. In some situations, a negative entry may be entered on the loan holder’s [credit report](https://moneysmart.gov.au/managing-debt/credit-scores-and-credit-reports) and cause a downgrading of the credit rating. In line with finance industry procedures and individual lender criteria, after a certain number of payments are missed or unpaid, the lender has the right to call the loan ‘in default’. At this point, the lender can proceed to repossess the bike and sell it to recoup the money owed to them. What the lender would be entitled to at that point would be the outstanding balance of the loan, the interest payable and possibly fees and charges associated with the missed payments and the default. If the lender hands the recovery process over to a third party, more charges may be incurred. These can greatly diminish any financial claim the loan holder may consider they have to the motorcycle. Being in default with a loan is not a good position for a loan holder. Not only do they risk losing their bike and potentially some of the money already paid, they can be left with a big hit to their credit rating. A poor credit score or rating can stay with an individual for a long time and result in issues when applying for loans and other forms of credit. Most loans approved to individuals with a good credit rating do not require additional security as well as the motorbike being purchased. But in some instances for some applicants, lenders may require additional property or goods be also offered as guarantee or security against the loan amount. **Security for Borrowers** While the ‘secured’ reference in a Secured Motorbike Loan essentially refers to the guarantee for the lender, Jade Bike Loans does offer features of the loan to provide a level of certainty around the loan. Certainty which some may see as security. The interest rate on our Secured Motorbike Loans is fixed. This means that it remains at that same percentage for the full loan term. Even when the RBA does increase the official cash rate and lenders follow during that period, the rate on a loan already in place remains unchanged. The loan term is also fixed and in concert with the fixed interest rate, these calculate out to a fixed monthly repayment. With all elements remaining stable, our customers have certainty over their bike loans moving forward. Repayments are set up with a direct debit so as long as funds are in that bank account on the due date each month, repayments should not be missed. Jade Bike Loans also provides security to our customers around the lenders we select. We are accredited with a vast number of highly reputed banks and non-bank lenders. A Secured Motorbike Loan is the most common form of consumer finance for purchasing new motorbikes and buyers can have confidence that when secured through Jade Bike Loans, their best interests are being taken care of. **For a quote on a Secured Bike Loan contact Jade Bike Loans at 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Loan Tips --- ### [Locking-in a Low Interest Rate Motorbike Loan](https://www.jadebikeloans.com.au/blog/bike-loan-tips/locking-in-a-low-interest-rate-motorbike-loan) **Published:** April 23, 2022 **Author:** Publisher **Content:** There is a lot of talk at the moment about interest rates. Some may think it is a particular obsession in Australia. Primarily that focus comes from the home loan sector. With mortgage payments a major cost for home buyers, getting the lowest interest rate possible is key. Many adverts and commentary talk about locking-in a rate for home loans. So does the same think apply to motorcycle loans? Should buyers look to locking-in a low interest rate motorbike loan and if so how? As specialists in motorbike finance, Jade Bike Loans outlines the reasons why and the processes for how motorcycle buyers can go about locking-in a low interest rate motorbike loan now for their motorbike purchase. Interest charges are key to the overall cost of a bike loan. The rate at which the interest is charged is therefore paramount to how much that motorcycle is actually going to cost in total when accounting for the loan. So achieving the lowest interest rate possible is the objective. **Current Interest Rate Scenario** Most Australians, especially those who have sought any type of finance or held a savings account over the past few years, are well aware that interest rates are currently very low. In fact, the official cash rate is at a historic low level. This has occurred as a result of the [RBA](https://www.rba.gov.au/) implementing monetary policy decisions to counter the effects of the pandemic on the Australian economy. The cash rate was cut on a number of occasions in 2020 and has been at its current 0.1% level since November 2020. This is the lowest level ever for Australia. How long will that rate last? While not the interest rate that lenders offer for loans, the cash rate does in part determine the interest rate on a wide range of loans including motorbike loans. The RBA has consistently stated that it will be patient and will wait until key economic figures of inflation and unemployment have been achieved before considering a rate rise. Their expected timeframe is 2024. But many commentators see the heated home market and the economy bouncing back ahead of expectations as reasons for a rate rise sooner. One thing is for certain, the cash rate will rise soon. While the talk of 2024 seemed a long way off in 2020, we’re now in 2022 and a rate rise is looming! Those planning to buy a motorbike with finance could do well to act to ensure they enjoy the current low rate situation. **Interest Rates for Bike Loan** When buying a motorbike with finance, most purchasers will want some certainty that their loan repayments won’t be constantly changing or preferably won’t change at all over the years they are repaying the loan. Those looking to take advantage of the current low rates will also be wanting to lock-in that low rate for the full loan term. That involves paying close attention to how the interest rate is set on loans for motorbikes by different lenders. Loans for consumer goods including motorbikes can be at a fixed interest rate or a variable interest rate. When browsing the different loans on offer by banks and lenders, keep an eye on that issue. A variable rate means the rate charged on the loan may go up or down, depending on what happens with that lender’s rates or the general rate scenario. A fixed interest rate in regard to our motorbike loans and most consumer goods loans, means that the interest rate will remain constant and unchanged over the term of the loan. Our [Secured Bike Loan](/secured-motorcycle-loans) is offered at a fixed interest rate and this is the most widely used type of loan for new motorcycles and a many used bikes. However, some other lenders may offer Secured Loans at a variable interest rate. Where the lender doesn’t accept the bike as loan security, buyers can consider an [Unsecured Personal Loan](/unsecured-personal-loans). Unsecured Loans may be offered at a fixed or a variable interest rate. With the current low interest rate lending market, clearly it is preferable for motorbike buyers to seek to secure a bike loan with a fixed interest rate. **Ways to Lock-it in Low** So how do you go about locking-in the lowest interest rate on a motorbike loan? - Ensure the type of loan has a fixed interest rate so the rate and hence the repayments won’t change over time. - Ensure the interest rate offered is the lowest available across the market. Using the services of Jade Bike Loans allows buyers to have many banks and lenders covered quickly and easily. - Ensure your [credit rating](https://moneysmart.gov.au/managing-debt/credit-scores-and-credit-reports) and profile are good. This will be assessed by lenders and a better interest rate and loan conditions can be achieved with a better credit rating. Refer to our [Lender Interest Rate](/motorbike-loan-interest-rates) comparison calculator to see what different lenders are currently offering for motorbike loans or speak with us to source a quote for your bike loan. **To lock-in a low interest rate motorbike loan contact Jade Bike Loans at 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Loan Tips --- ### [Differences in motorbike loans to watch for](https://www.jadebikeloans.com.au/blog/bike-loan-tips/differences-in-motorbike-loans-to-watch-for) **Published:** April 23, 2022 **Author:** Publisher **Content:** When requiring finance to purchase a motorcycle, most buyers will be seeking the cheapest loan available. A process which can requiring covering off on what is available across the lending market. When comparing motorbike loans there are a number of differences in loans that buyers should be noting in order to secure the loan that best suits their needs. Bike loans can differ in structure, interest rate, conditions, loan amounts and terms. There can also be significant variations in the level of support and assistance provided to loan applicants by the lender. Assistance which, when provided, can save loan seekers a lot of time and hassle. To make the process of comparing loans easier, we’ve prepared this list of what to watch for when sourcing a motorbike loan. **Motorbike Lending Market** Loans to purchase motorcycles are offered through banks, finance companies, dealers and manufacturers and finance broker style lenders such as Jade Bike Loans. While Jade does offer a specifically titled [Secured Bike Loan](/secured-motorcycle-loans), not all lenders are as specific with the names of their loans. Banks and finance companies that operate across multiple consumer goods markets may include bike loans in their general Personal Secured Loan category. Large banks and finance companies may have strict guidelines with little ability to negotiate on different aspects of the loan. Dealer or manufacturer finance can appear convenient as it is offered at the point of sale. But interest rates should be compared with other lenders, especially what we can offer. Consumer loans can be secured and unsecured. Secured Loans use the bike as the guarantee against the loan while unsecured loans do not. A secured loan is the most common form of loan for most new bikes. **Motorcycle Categories** New and used bikes may attract different loan conditions. But, in general terms, all types of motorbikes can be financed. Some lenders may not offer loans for certain racing, vintage or collectible models. If purchasing a bike to refurb or a vintage bike which does not meet the criteria for a Secured Bike Loan, speak with us about a quote for an Unsecured Personal Loan. **Interest Rate Variations** The interest rate is where loan seekers will see the greatest differences across the lending market. Lenders set their own rate for their own market categories based on a number of factors. That can start with the cash rate as set by the [RBA](https://www.rba.gov.au/) and then include their costs and their interest in a particular market segment. Lenders that are particularly involved in a certain sector such as we are in the motorbike lending market, can be far more competitive with loan interest rates. Under Australian [consumer finance laws](https://asic.gov.au/), lenders must display an advertised [Interest Rate](/motorbike-loan-interest-rates) and a Comparison Interest Rate. You’ll notice the Comparison Rate is always higher than the Interest Rate. That is because it is a rate calculated on a specific loan example and includes fees and charges. The difference between the Comparison and Advertised Rate may give an indication of the charges applied by a particular lender. Interest rates can be fixed or variable. With consumer loans, a fixed rate will be set at that rate over the full length of the loan. A variable rate may change with changes in the cash rate or the lender’s own rates. Jade Bike Loans offers a fixed rate on our Secured Bike Loans to provide certainty for our customers that their repayments will remain the same for the full loan term. The interest rate offered on new and used bikes may differ. In many instances it will be the same, but requesting a quote for a loan on a second-hand motorbike rather than presuming it will be offered at the advertised rate can be wise. **Loan Amount** The total loan amount that lenders will approve can vary across the market. This may be determined by the loan guidelines of particular lenders and will take into account the credit profile of the loan applicant. [No Deposit Bike Loans](/no-deposit-motorcycle-finance) are available through some lenders such as Jade for approved applicants. The ‘deposit’ reference is different from the deposit that the dealer or seller may ask you to put down to confirm the purchase. A no deposit loan means that the full purchase price of the bike is included in the loan amount. **Loan Term Limits** The term of the loan can be critical to some buyers as it essentially sets the repayment amount. The longer the term the lower the repayments and vice versa. Some lenders will have a maximum term and may not be negotiable on this element. Buyers can seek other quotes and speak with Jade in regard to negotiating the loan term with our lenders to achieve the target monthly repayment desired. **Eligibility Criteria** To be eligible for a consumer loan, applicants must be over the age of 18 years. That is Australian law and will be consistent across the market. Under 18s looking to purchase a bike with finance may look to having someone go guarantor for their loan. Lenders will have their own loan eligibility criteria. **Loan Conditions** Always read the fine print in a bike loan quote. Look for points such as exit or payout fees and if additional payments are permitted. If you plan to make extra payments and possibly pay off the loan early or trade in the bike, these fees may be significant. **Assistance and Lender Support** Support to assist customers with sourcing a loan is primarily provided by brokers such as Jade Bike Loans. We handle the entire process for our customers including sourcing the cheapest quote from across a vast section of the market and negotiating with our lenders on key matters. This level and type of service and support is not typically offered by banks and finance companies. They provide quotes based on their loan only and process applications based on their guidelines and approval process. Taking on a loan to purchase a motorbike is a major decision with numerous aspects to consider. Jade Bike Loans consultants assist with sourcing the cheapest loan and if customers require advice around their own financial situation we recommend they consult with their financial advisor. **For support and assistance in sourcing a bike loan contact Jade Bike Loans at 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Loan Tips --- ### [Where to find advice and assistance with a motorbike loan](https://www.jadebikeloans.com.au/blog/bike-loan-tips/where-to-find-advice-and-assistance-with-a-motorbike-loan) **Published:** April 23, 2022 **Author:** Publisher **Content:** Any decision to apply for a loan and take out finance is a major one and should be considered in great detail. But where do you start and who do you turn to for the advice and assistance you need? As specialists in lending we have our role to play in assisting customers achieve their motorbike loan. But individuals may also need advice and assistance in regard to their personal financial situation which is outside the scope of our role. To assist individuals identify the right information sources to address their motorbike loan requirements, this article outlines the different roles of professionals in the lending space; advise where to find a range of information on consumer finance; and detail what specific services we provide. **Roles in Finance** As a starting point, view the process of securing a motorbike loan as having two aspects: sourcing and arranging the loan itself and the personal financial situation of the applicant. Advice and assistance is available for both these aspects but through different sources. [Jade Bike Loans](/) is a finance broker style of lender. As a broker, our role is to source the cheapest loan offer that best meets the requirements of our customer. As a Licensed Credit Provider, we are bound by law to follow the [Responsible Lending Guidelines](https://asic.gov.au/). The most important aspect of these is that lenders are not to offer loans which are deemed unsuitable for the loan applicant. The other aspect of taking on a loan is the individual’s personal financial situation. You may note that in our content we regularly advise customers to seek independent financial advice if they feel they need it. It is not the role of a broker to advise individuals on their personal finance situation. That is the role of the financial advisor. Financial advisor is quite a broad term and can refer to a number of different professions. Some people have a financial advisor for their investments and superannuation. Some may consider their accountant or tax agent as their financial advisor. Financial advisors tend to have more in-depth knowledge of an individual’s financial situation and as such are usually well-placed to advise on matters that impact that person’s finances. These may include assistance with preparing a budget to see what you may be able to afford in loan repayments and ways to improve your financial situation. For those that don’t have an accountant or financial advisor per se, they may choose to discuss decisions about proceeding with say a motorbike loan, with a trusted and respected family member or contact. **Sources of Information** In regard to information around lending, we post blogs to explain many aspects of the motorbike loan situation and especially the [interest rate scenario](/motorbike-loan-interest-rates) so our customers can easily access information to add to their knowledge bank. Our articles cover a range of subjects and aim to clarify and expand on topics and details we have mentioned in our web pages. Many lenders also publish a range of information in the resources sections of their websites. It can also be helpful to read FAQs as these sections often elaborate on key points. For specific information around consumer lending and what you can expect from advisors and others, referring to official Government websites may be helpful. ASIC and [MoneySmart](https://moneysmart.gov.au/) are both very comprehensive sites and cover a range of topics around consumer finance. In regard to consumer laws with buying, some laws cover all of Australia and some will be state/territory based. If you have concerns about your consumer rights, refer to the consumer rights department for your jurisdiction. **Assistance with Loan Application** When it’s time to apply for a motorbike loan, buyers can choose to complete an application form and submit it themselves to a bank or finance company or engage the services of a finance broker like Jade Bike Loans to assist them. In our role as your lender, your Jade consultant will provide extensive assistance with the application and in sourcing and negotiating your loan. There is a key step that applicants can do prior to applying and that is to check their credit profile. Assessing a credit profile is an important part of the loan approvals process. The better the credit rating or score, the better the interest rate offered as a general rule. Individuals can access information on how to get a free copy of their credit report at MoneySmart. Don’t be tricked into paying a company to get a copy of your credit report. Under the law, individuals are entitled to a number of free credit reports each year. **Assistance with Lender Negotiations and Settlement** Jade Bike Loans provides a comprehensive range of services which save you time and hassle. We source the cheapest quote; handle those tricky negotiations with lenders to secure the best interest rate and loan conditions; process the loan application; and we even assist with settlement. We liaise between our lender and your motorbike seller to finance the entire process. **For more information or to request a bike loan quote, contact Jade Bike Loans at 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Loan Tips --- ### [Effect of Interest Rate Changes on Bike Loans](https://www.jadebikeloans.com.au/blog/bike-loan-tips/effect-of-interest-rate-changes-on-bike-loans) **Published:** April 24, 2022 **Author:** Publisher **Content:** As 2022 got underway there was increasing speculation, well more like expectation, that the RBA (Reserve Bank of Australia) would lift the interest rate. Specifically the official cash rate. Australians have enjoyed the cheapest lending rates ever recorded, across most markets since at least November 2020 with no interest rate changes. This was when the RBA dropped the official cash rate to the historic 0.1%. They dropped it and they left it there, on hold, right through 2021. But while Australians enjoyed the cheapest ever loans for a wide range of goods including motorbikes, the economic and other conditions and started to change. Changed to such an extent that from late in 2021 some financial analysts were already starting to call on the [RBA](https://www.rba.gov.au/) to lift interest rates. So what happens to consumer loans such as bike loans if the RBA lifts the official cash rate? We explain what is happening with the RBA and the cash rate and the effect of any interest rate changes on bike loans. **The Cash Rate and Your Rate** If you’re not across the finance markets exactly, we’ll start with a brief explainer of interest rates in general terms before moving into more specifics around how you can achieve a cheap interest rate motorbike loan. You will read a lot in the media with general references to ‘interest rates’. What most finance writers and commentators are referring to is the overall general rates and on the cash rate. The official cash rate is set by the RBA and it is not the rate lenders are offered on loans. The cash rate is a rate that banks can pay on overnight loans at an industry level. This rate is essentially a starting point from which banks and other lenders then build in their costs and other factors to arrive at the interest rate they are prepared to offer on the various loans. Lending interest rates are different for different categories of consumer goods and business finance and will vary from lender to lender. Why? Because lenders may choose to be or not to be competitive in a certain sector, they may see some sectors as having a higher lending risk and other implications. That’s why Jade Bike Loans is accredited with [a large number of lenders](/why-jade-bike-loans). We ensure that we have the market covered so we can always get the cheapest interest rate currently available to suit individual customers. Much of the conversation in the media about interest rates does relate primarily to the housing loan market as this is by far the largest single lending sector in Australia and receives the most attention. Home mortgage rates and motorbike loan rates are very different, so take care in drawing conclusions around bike loan rates when you hear something in general about interest rates. **Role of the RBA in Setting Interest Rates** The RBA Board meets on the first Tuesday of each month, excluding January, to decide if it will make any change to the cash rate. After holding the rate steady at the historic low for over 12 months and against rising inflation and falling unemployment figures, the February 2022 board meeting was very highly anticipated. Calls were being made for the RBA to make a move on rates, though a rate rise in February was not realistically expected. The Board held the cash rate steady at the February meeting and reiterated its stance to be patient and wait for the conditions to be right for an increase. The targets the bank is watching for is the inflation rate to be sustained in the 2-3% range and unemployment closer to full employment. Think sub 4%. While the RBA steers clear of setting timeframes as in specific months when it could lift rates, it has shifted its forecasts from the previous indication of 2024 for a rate rise. It is looking more likely that we could see a rise in the cash rate as early as June 2022. So when the cash rate is increased, banks and lenders then typically will increase their lending rates. By how much and on what loans will depend on the individual lender. Armed with this information, anyone considering purchasing a new motorbike in 2022 with finance can be smart to ensure that purchase is sooner rather than holding off. **Effects on Your Bike Loan Interest Rate** While the official cash rate is an indicator to how lenders set their rates, there are a raft of other personal factors which impact what an individual will be offered in an interest rate on a bike loan. Paying attention to what is involved can assist buyers achieve the cheapest rate possible. These factors include:- - Ability to repay the loan as indicated by income compared with outgoings. Reducing debt such as credit card balances can improve a loan application. - Having a good [credit profile](https://moneysmart.gov.au/managing-debt/credit-scores-and-credit-reports) is critical to achieving the cheapest rate. This is an indicator of risk when lenders assess applications. Having the professional assistance of a Jade Bike Loans consultant to source and negotiate your bike loan can be a major advantage to achieving the cheapest rate compared with handling it all yourself. Securing a [fixed interest rate bike loan](/secured-motorcycle-loans) means your loan will not be impacted if the RBA or lenders increase interest rates over the term of your loan. Your repayments will remain the same regardless. If considering a bike loan in 2022, it can be wise to act as quickly as possible to avoid the impacts of the expected rate rise this year. **To assistance in achieving a cheap interest rate bike loan, contact 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.* **Categories:** Bike Loan Tips --- ### [2021 Bike Sales Positive, Motorbike Loan Interest Rates Low](https://www.jadebikeloans.com.au/blog/bike-loan-tips/2021-bike-sales-positive-motorbike-loan-interest-rates-low) **Published:** April 24, 2022 **Author:** Publisher **Content:** In early January, the [FCAI](https://www.fcai.com.au/news/index/view/news/751) (Federal Chamber for Automotive Industries) released the motorbike and OHV (off highway vehicles) sales for last year and the results were positive. While factors around the pandemic are suggested as contributed to strong sales, the low motorbike loan interest rates were sure to have also been a factor. The overall sales for 2021 in the motorbike and OHV sector recorded a 13.4% increase on the results for 2020. Off road motorbikes comprised 43% of those sales which was a rise of 18.8% on the previous year. Road bikes were second in popularity with just over 30% of the market and a 6.8% increase on 2020 sales figures. OHVs captured nearly 23% of the market while scooters the smallest share at just over 8%. In releasing the 2021 sales results, Tony Weber, the Chief Executive of the FCAI, said the market remained positive especially with the restrictions of COVID-19 limiting the access of buyers to showrooms over the year. Mr Weber said that despite the limited access, all the sectors of this market posted growth in 2021. He said the result demonstrated the quality of the product available in Australia. He urged Governments to especially take note of the off-road sector which represented a widely-used recreational activity. He pointed out that many Australians were utilising off-road bikes as a means of increasing physical fitness and also for improved mental wellbeing. This form of motorbike riding is a great way to experience the great Australian bushland locations. Mr Weber emphasised the importance for politicians to realise these factors and allocate suitable land for off-road bike activities. Urban use of motorcycles was also mentioned in the statement as a something that governments should consider. Bikes and scooters could be used as tools to ease traffic congestion, especially in major cities and centres and to take the pressure off transport in general. Increasing the number of commuters on motorbikes and scooters could reduce the congestion, while assisting the flow of traffic. Mr Weber concluded the statement with a call out to Governments to develop ways that commuters could be motivated to get on their bikes. Describing motorbikes and scooters as a practical, efficient and safe form of transport to get around cities and the urban areas. **Getting on Your Own Bike** While factors such as not wanting to commute on public transport during the pandemic and the call of the wide open roads post-lockdown are certain to have driven an increase in sales, the low interest rate scenario should not be overlooked. The [RBA](https://www.rba.gov.au/) cut the official cash rate through 2020 as a pandemic stimulus with the rate ending up at the historic low of 0.1% at November 2020. Sadly for those seeking a loan, that is not the interest rate on motorbike loans or other finance. But it is the basis, the starting point, for banks and lenders to set their lending rates. When the cash rate is low that scenario flows through the lending sector. While Jade Bike Loans has built a business based on achieving [cheap interest rate motorbike loans](/motorbike-loan-interest-rates), in an historic low rate environment, we have been able to achieve some of the cheapest loans ever. This situation has been a motivator for many buyers to upgrade their existing wheels and for others to make their move to two wheels. The RBA sets the cash rate based on economic conditions. Specifically, those indicators have been inflation sustained around 2-3% and unemployment figures possibly below 4%. A figure which is technically approaching full employment. A position not achieved in Australia for a very long time. As the economy has bounced back from the effects of the Delta variant and seemingly managed to be resilient against Omicron, the key economic indicators have improved. Inflation is surging and unemployment continues its downward trajectory. Great for the economy, not so great for those considering taking on finance as a rise in the official cash rate is looking fairly certain for some time in 2022. By how much, when and how lenders react is a wait and see situation. For those considering buying a bike with finance, acting while rates are low simply makes extremely good sense. Check out our current motorbike loan interest rates and use the [loan calculator](/finance-calculator) to see what that may equate to in repayment estimates for the bikes you’re considering. If you’re wondering how much more per month in repayments you may have to pay after a rise in interest rates, simply enter a higher rate in the calculator. To get organised to capture a cheap interest rate motorbike loan and the bike of your choice, give us a call to start the application process. **For a quote on a cheap interest rate bike loan, contact Jade Bike Loans at 1300 000 003** *DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE 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.* **Categories:** Bike Loan Tips --- ### [Motorbike Loan Differences and Similarities](https://www.jadebikeloans.com.au/blog/bike-loan-tips/motorbike-loan-differences-and-similarities) **Published:** April 24, 2022 **Author:** Publisher **Content:** For most riders that are in the market for a new motorbike, the process also involves being in the market for a motorbike loan. Riders tend to be much more passionate and particular about their choice of motorbike compared with buyers of some other consumer goods. Some car buyers for instance view a car primarily and solely as a form of transport to get them from A to B. Motorcycle buyers on the other hand appreciate their ride for the experience it offers and the possibilities it presents in regard to places to go and activities to undertake. In the process of selecting their new motorcycle, buyers will be no doubt be undertaking a thorough investigation of the different makes and models available to suit their specifications. They will easily be in a position to understand and appreciate the nuances of each machine and the differences across the different ranges. But the process of sourcing a suitable motorbike loan may not be as simple or as clear-cut, especially for those where finance is not their strong suit. Typical doubts and queries may include if there are different loans for variations in motorcycle makes and models and second hand versus new; differences from lender to lender; and the biggie, differences on the interest rate change on motorbike loans across the market. We strengthen your finance knowledge with this ‘loan work-out’ – information on the differences and the similarities in the lending market for those seeking a motorbike loan. **Varying Makes and Models** The first thing you need to know is that the [interest rate](/motorbike-loan-interest-rates) and loan specs advertised and/or promoted in the general arena by lenders will relate to brand new motorbikes for applicants with a [good credit profile](https://moneysmart.gov.au/managing-debt/credit-scores-and-credit-reports). Loans for second hand motorbikes may, but not necessarily, attract a higher interest rate, and individual lenders may apply different conditions such as limits on the total amount of the loan. As far as different types of bikes – off-road, street, performance, adventure, etc, Jade Bike Loans offers the same [Secured Motorbike Loan](/secured-motorcycle-loans) for all motorcycle categories. The engine capacity does not impact the loan. Tip: if wanting accessories with your new motorcycle, include them in your order at the point of purchase so our consultants can include the price in the bike loan. **Motorbike Loan Lender Variations** Loans to purchase motorbikes are available through a range of banks and lenders though not all will specifically title the loan as a Bike Loan. Some finance companies and banks may offer a general Personal Secured Loan which is designed for a range of consumer goods such as cars, bikes, boats etc. The consumer lending market is quite vast with finance companies, banks, finance brokers such as Jade Bike Loans and even motorcycle dealers providing finance through the bike manufacturers. The structure of the loan, the interest rate, loan conditions as well as fees and charges will vary across the market. When it comes to the interest rate there can be quite wide variations across the market. The [Reserve Bank of Australia](https://www.rba.gov.au/) sets the cash rate and lenders then factor in their costs and risk assessment of a market to set their rates on different loans. Interest rates can also be fixed or variable. We offer a fixed interest rate bike loan as it provides our customers with the assurance that their bike loan repayments won’t change during the term of the loan. Variable rate loans can change as interest rates in general change. Comparing the Comparison Rate on bike loans from different lenders may provide insight into variations in fees and charges as that rate includes some but possibly not all, the fees charged on that type of loan. It can be confusing when comparing the different motorbike loans on the market. Loan seekers can cut straight through that hassle by engaging Jade Bike Loans to source their loan. We are accredited with a vast selection of banks and finance companies so we can quickly, easily and expertly assess which loan best suits individual requirements. **Different and Similar Types of Bike Loan** The Secured Motorbike Loan is the most versatile and most widely used type of loan for purchasing new bikes. The lender accepts the motorcycle as the loan security and the loan is repaid in equal monthly instalments. As mentioned above, not all lenders will name their loans the same, but the structure is similar. Finance companies have a tendency to label their loans with catchy titles as a marketing tool. But very often they are essentially a secured loan. When the motorcycle is either not accepted as security or not offered as security against the loan, the option for buyers is an Unsecured Personal Loan. In some instances, this type of loan may suit collectors, vintage/restoration project buyers and others. As implied, no security by way of the bike itself is provided against the loan but lenders may require some form of security or guarantee. Unsecured loans are seen as having a higher risk factor and as such the interest rate is higher than for secured loan. **Full Service Assistance** Jade Bike Loans offers a comprehensive motorcycle loan service which allows our customers to avoid the laborious tasks of sourcing and analysing numerous quotes in order to arrive at an informed decision. Our consultants handle the entire process and highlight the differences and similarities in quotes so buyers can concentrate on selecting the bike and leave the loan selection to us as professionals. **For assistance in sourcing a motorbike loan, contact Jade Bike Loans at 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Loan Tips --- ### [Planning an Autumn Ride? Destinations, Bike Loans and New Bikes to Discover](https://www.jadebikeloans.com.au/blog/bike-loan-tips/planning-an-autumn-ride-destinations-bike-loans-and-new-bikes-to-discover) **Published:** April 24, 2022 **Author:** Publisher **Content:** With the summer heat easing but the chill of winter not (usually) set in, autumn makes for an ideal getaway time, especially for a riding trip on country roads. It’s a popular time for car, camping and caravan road-trippers so heading off on two wheels can help to avoid some of the regular traffic snarls. If you’re planning a getaway ride, now is the time to start not only planning but acting. We offer inspo and info on destinations to head for, new touring bikes to consider buying and what bike loans are available to make that motorcycle road trip an affordable experience. While embarking on a motorbike versus a car tour does come with its limitations – less luggage and passenger space, it can present a lot of positives. One in particular at the moment is fuel expenses. Motorbikes are more cost-effective in the fuel department than cars and when you purchase a bike with a cheap loan, the savings just keep coming. Motorcycle enthusiasts need little, or should that be no, convincing or motivation for a new bike or to head on a tour, so let’s get into how you can make your upcoming motorcycle tour an amazing and affordable experience. **Destination Inspo** Many riders will have their favourite places and routes but it’s always great to check out what locations others have rated highly. Tourism Australia provides fantastic inspiration with their 2022 Best Australian Beaches list. The list includes beaches in all states and territories with a special nod to the cultural significance of these places for First Nations people. Misery Beach in WA tops the list with NSW’s Horseshoe Bay second and The Spit in Queensland third. There are 20 on the list so check it out and make a plan. For rural and country destination seekers, Wotif assists with their list of 2022 [Aussie Town of the Year](https://www.wotif.com/2022-aussie-town-of-the-year). This list also includes places in multiple states and territories so plenty to consider. **New Motorcycle Tourers** Of course the road or trail condition during your ride and at the destination will determine exactly what type of motorcycle you’ll be including on your purchase list. Jade Bike Loans provides [loans for all types of bikes](/secured-motorcycle-loans) – cruisers, tourers, off-road, etc, so no problems there if you need finance to make the purchase. For those considering a motorcycle for road trips, perhaps consider the new model from [Indian Motorcycles](https://www.indianmotorcycle.com.au/), the 2022 Pursuit. It’s available in dealership with a Premium Package. It features a liquid cooled PowerPlus engine, 1768 cc with impressive specs. It is available in both the Limited and the Pursuit Dark Horse variants, both fitted with that Premium Package and with a choice of colourways to personalise to some degree your ride. Of course BMW and Harley-Davidson are synonymous with touring classics and always worth checking out. The 2022 BMW R18 is another great American style tourer which was released earlier this year. Late 2021 [Harley-Davidson](https://www.harley-davidson.com/au/en/index.html) released their new Sportster S in Australia, also worth checking out. New in ‘22 for Harley are the Street Glide and Road Glide, both look ideal for a road trip. When discussing a purchase with the motorcycle dealer, don’t forget to include all those accessories that you may want. Extra saddle bags are usually a must for touring and wet weather gear could be advisable depending on your destination. If extras are included in the dealer invoice, there is a strong possibility that your Jade Bike Loans consultant can include the price in your bike loan. **Motorbike Loans Info** The supply of many goods has been disrupted due to COVID and the computer chip shortage. This may impact some motorcycle brands and some models at some time. When stock is low, buyers need to be smart to secure the motorcycle they want. Key to achieving that objective is having your finance sorted before heading in for a test ride and price discussion. We make that possible with pre-approved bike loans. Sure, many dealers offer finance through their manufacturer connections. But before going down that path, check the detail and especially the interest rate. We’ve compiled a list of lenders and [interest rates](/motorbike-loan-interest-rates) which doubles as a calculator so buyers can make quick comparisons. Our Secured Bike Loan will suit most buyers and most new motorcycles and we can get fast loan application approvals so as not to slow down your buying or your travel plans. So even if you’ve left the decision to buy a bike and head off on a tour to the last minute, our consultants will work to expedite the loan side of things for you. Info, tick, inspo, tick – now it’s over to you to make the move, get a pre-approved bike loan and make the purchase for your next big riding tour. **For fast approval on a motorbike loan, contact Jade Bike Loans at 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Loan Tips --- ### [Dodge rising fuel prices on two wheels: First Bike Motorbike Loans](https://www.jadebikeloans.com.au/blog/bike-loan-tips/dodge-rising-fuel-prices-on-two-wheels-first-bike-motorbike-loans) **Published:** April 25, 2022 **Author:** Publisher **Content:** Own a car and had enough of rising fuel prices? Cost of living increases are placing pressure on many household budgets as inflation rises, supply chains are disrupted and other global and local issues impact prices. To cut back on fuel expenses, why not consider changing from 4 wheels to 2 and purchasing a motorbike. Taking advantage of the current low interest rates in the lending sector, including on [motorbike loans](/motorbike-loan-interest-rates) can result in a cheap loan to further offset fuel price increases. A motorcycle can present a more affordable option to a car in lower fuel consumption and lower maintenance costs. It can also be an extremely convenient mode of transport especially for city-dwellers where traffic and parking can be a nightmare. If this is your first bike purchase you may not be across all the details of motorbike finance. As specialists in financing motorbikes, we take you through a quick overview of key points for first motorcycle buyers to get up to speed and on their way to achieving cheap first motorbike loans. **Types of Bikes Financed** First the actual bike. At Jade Bike Loans we provide loans for all types of motorbikes. Some of the major types of bikes are standard, cruiser, sports bike, touring, super touring, urban, dirt bikes and adventure. Loans are available for all sizes of bikes so your loan won’t be affected by the cc of your selection. That covers the major brands including [Harley-Davidson](https://www.harley-davidson.com/au/en/index.html), BMW. Kawasaki, Suzuki, Ducati, [Triumph](https://www.triumphmotorcycles.com.au/), Indian and the rest. If you are new to riding and only just getting your motorcycle rider licence, a LAMS model will be what you’ll be needing. Most major brands will have at least one LAMS model in their range. **Secured Bike Loan** If you have previously taken out finance to purchase a car or boat then you will likely be familiar with a secured loan. The same format loan is available for the purchase of motorbikes. The [Secured Motorbike Loan](/secured-motorcycle-loans) is the most widely-used type of finance for new and many second-hand motorbikes. The motorcycle is accepted as security against the loan by the lender. The loan is repaid in equal monthly instalments over a set time period aka the loan term. The Secured Motorbike Loans provided through Jade features:- - Fixed interest rate which stays the same for the entire loan term regardless of what rises in the official cash rate are made by the RBA. - No deposit loans are available so the full purchase price may be included in the bike loan. - Additional payments can be made if desired with minimal break fees applicable if the loan is finalised prior to the conclusion of the fixed loan term. We may also be able to include extras such as options and accessories in the loan when purchased concurrently with the motorbike. These may include extra saddlebags, upgraded features and even safety gear such as helmet and leathers. **Motorbike Lender Market** Consumers finance to purchase a range of goods including motorbikes is available through quite a few sources including banks and finance companies plus motorbike dealers through the bike brand and finance brokers such as Jade Bike Loans. This area of the lending market is regulated through ASIC with Licensed Credit Providers required to adhere to the Responsible Lending Guidelines. This will mean some similarities in the approach taken by lenders but does not prevent differences and variations, especially in the interest rate. While the secured loan format may essentially be the same across the market, the interest rate and possibly some loan terms will vary. This is because each lender will price their loans based on their individual requirements and costs. To save loan seekers the hassle of contacting and applying to multiple lenders to get the cheapest loan, our consultants handle that process for our customers. We are accredited with a large number of banks and lenders which provides us with immediate, industry-level access to source loans on behalf of our customers. You simply brief our consultant on your requirements, provide the necessary details and we do all the work from there on. We’ll come back to you with the cheapest loan quote from one of our lenders and on your say-so we proceed to process your application and liaise with motorcycle dealer to finalise settlement. **Comparing Interest Rates** If you’re going to beat the fuel price rises and fuel consumption issues with a motorbike, then you’re going to want a cheap bike loan. There’s no point swapping a car for a bike to save money only to be faced with a high interest rate loan and the resultant higher loan repayments. As mentioned above, interest rates on motorbike loans do vary across the lender market. This can be seen in our chart which [compares the interest rate](/motorbike-loan-interest-rates) offered by a number of lenders. The rate that is advertised by a lender will apply to a new motorbike and for a loan applicant with a good credit profile, unless otherwise stated. To achieve the cheapest interest rate loan offer, applicants can review their credit report prior to applying and reduce their debt levels. **Applying for a Motorbike Loan** Applying for a motorbike loan with Jade Bike Loans is quite a simple process. It can be done online or over the phone. You must be over 18 years of age, that’s the law, and provide details of income, finances, residential status and other information. Swapping to two wheels could be a great option to save on fuel and other price rises as well as acquiring a great machine for holiday rides. **For a quote for a motorbike loan, contact Jade Bike Loans at 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Loan Tips --- ### [What happens to motorbike loans when interest rates rise?](https://www.jadebikeloans.com.au/blog/bike-loan-tips/what-happens-to-motorbike-loans-when-interest-rates-rise) **Published:** April 25, 2022 **Author:** Publisher **Content:** There is always a lot of talk in the media about interest rates. Not just in the financial press but mainstream news is also awash with pieces about rates. Primarily this stems from Australia’s obsession with home ownership and the interest rate chat focuses on the home loan market. But interest rates are the major component of all types of loans and those considering taking on finance should consider what happens to motorbike loans when interest rates rise. At Jade Bike Loans, we are obsessed with interest rates, specifically achieving cheaper interest rates for our customers. So we’re across the info that those considering a motorbike loan need to know about interest rates in general, specifics about interest rates on motorbike loans, how rate increases occur, what happens to loans when there is a rate rise and what loan applicants should be looking for to avoid paying more on their loan when rates do rise. **General Interest Rates Scenario** Since mid to late 2021 there have been calls from some economists and analysts for a rise in interest rates. The ‘rate rise’ being referred to is the official cash rate. This is set by the [Reserve Bank of Australia](https://www.rba.gov.au/) (RBA) and while a rate for loans between banks, it does form a basis position from which lenders then set their rates. The cash rate is used by the RBA as a monetary policy lever. When rates are low, individuals are incentivised to borrow to purchase goods and businesses motivated to invest in equipment. Both contribute to stimulating the economy. Such was the case in 2020 when COVID-19 severely impacted the Australian economy. The RBA acted by cutting the official cash rate several times during that year to the historic low rate of 0.1%. But this caused the housing market to heat up especially in 2021 which started the calls for a rate rise to cool property rises. As the economic recovery from COVID gained momentum, inflation started to spike which further increased calls for a rate rise. The RBA has targets for inflation and unemployment figures to be achieved before it intends to increase the cash rate. Lenders use the cash rate as a foundation point and then add-in their own costs and risk assessments of various loan markets to set their own lending rates. Interest rates on loans vary across different loan markets and across the lender market. **Interest Rates on Motorbike Loans** The interest charged on a loan is essentially the price charged by a lender for using their money to purchase your goods. Interest is charged on a per year (pa) basis. So the term of the loan, the number of years to repay the loan, and the interest rate together determine the monthly loan repayment. The interest rate charged on motorbike loans will [vary across the lender market](/motorbike-loan-interest-rates). Loans for motorcycles are available through finance companies, banks, bike dealers through their individual brands and can be arranged through finance broker style lenders like Jade Bike Loans. The more competitive a lender wants to be in say the motorcycle lending market, chances are the more competitive they will be setting lower interest rates than other lenders. However, most banks and many large finance companies do have corporate guidelines that they need to adhere to. This typically means they will be far less flexible in negotiating on interest rates. In sourcing a motorbike loan, many applicants will compare rates across the market. We’ve made that easy by providing an interest rate comparison table. **Impact of Rate Rises** When the RBA raises interest rates, most lenders will increase their own rates across their loan categories. To what extent or by how much the rate increases will depend on the individual lender. But as you can see by using our [loan calculator](/finance-calculator), even a tiny rate increase can markedly increase the monthly repayments. One aspect to watch for is fixed v variable interest rates. When a motorbike loan has a fixed interest rate, it means that the rate offered when the loan is offered remains in place for the entire loan term. If a loan has a variable interest rate, that is not the case. A variable rate can be increased or decreased by the lender, often in response to market rate changes. **Avoiding the Effect of Rate Rise** Through 2021 the RBA consistently stated that it did not expect conditions to be suited to a rate increase until around 2024. But it acknowledged that the rise in the inflation rate of late 2021-early 2022 they had not expected. The timing of 2024 is looking more like 2022. Some economists are predicting the official cash rate to increase several times through 2022. The RBA meets monthly to make these decisions so any increases would occur on a monthly basis. To avoid the impact of a general interest rate rise, those seeking motorbike loans should look for one with a fixed interest rate for starters. Jade Bike Loans offers our Secured Bike Loan at a fixed interest rate and a fixed loan term so the monthly bike loan payments remain the same for the whole loan term. Thus the loan holder avoids any impacts from rate increases. **For a quote on a fixed interest rate motorbike loan, contact 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 ARE *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.* **Categories:** Bike Loan Tips --- ### [New Royal Enfield Scrambler Due in ’22: Apply for a Motorcycle Loan Now](https://www.jadebikeloans.com.au/blog/bike-loan-tips/new-royal-enfield-scrambler-due-in-22-apply-for-a-motorcycle-loan-now) **Published:** April 25, 2022 **Author:** Publisher **Content:** It’s been a strange couple of years for everyone with many major purchase decisions put on hold in the uncertainty of COVID. But now that Australians appear to have found a way to live with the virus, it’s time to revisit that shopping list. Another motivating factor is interest rates on a motorcycle loan. Rates have been at historic lows thanks to the [RBA](https://www.rba.gov.au/) dropping the cash rate to stimulate the economy through the pandemic. But as inflation picks up and unemployment falls, it appears the days of historic rates are to be consigned, ironically to history! Getting a new motorbike with finance this year before rates rise is on the must-do list for many riders. Manufacturers are obliging keen buyers by launching new models into the Australian market for consideration. One new model due to hit dealerships in 2022 is the Himalayan Scram 411 from Royal Enfield. A new model and a new move for the manufacturer into the scrambler category. We check out the pre-availability blurb for key features of new Royal Enfield models, update on the motorcycles loan available and how a pre-approved motorcycle loan works when delivery of the motorcycle is delayed. **Himalayan Scram 411: Overview** The [Royal Enfield](https://royalenfield.com.au/) Himalayan Scram 411 has been described as an ADV cross-over. Using the same 411cc Himalayan engine but with a heap of features to give the Scram 411 its own unique identity. As Royal Enfield say, this is not a crossover which has been cosmetic and it’s not a pumped-up street machine. They say, this a brand new ‘subspecies’. - 4 stroke, single cylinder, fuel injected, SOHC, air-cooled. - 411 cc - Wheels suited to scram mode: 17” rear, 19” front. - Low seat height at 795mm is great for those long rides. - Easily manoeuvres in the maze of urban streets. - Wire-spoked wheels, dual-purpose tyres ensure good foot grip and the agility to take on different surfaces – tarmac, dirt, rougher roads. - High ground clearance to allow comfortable riding on trickier terrain. - Accessibility, playfulness and capabilities for adventurers are all attended to in this multi-purpose ride. - Great colour choices. - Tech-powered nav inclusions and Bluetooth to connect smart phone. If the new Scram 411 sounds like your new motorcycle, check out the full specs and [register your interest](https://royalenfield.com.au/model/scram-411/) ahead of its arrival. **Motorbike Loan Options** If you’re in need of finance for the purchase, work up possible repayment estimates on our [calculator](/finance-calculator) or just hit GO and apply for a pre-approved bike loan. Whether applying for a loan before or after the purchase commitment, our [Secured Motorcycle Loan](/secured-motorcycle-loans) is the most suitable loan for new motorcycles of all types, makes and models. The security aspect refers to the motorcycle being the guarantee against the loan. The lender accepts the motorbike as security and registers their interest in the goods on the [PPSR](https://www.ppsr.gov.au/). When all payments are finalised, the security hold is released. With this loan, we offer:- - Fixed interest rate which remains fixed for the loan term, regardless of what happens with RBA and the cash rate and the lending market in general. - Fixed loan terms which our consultants negotiate to achieve as close as possible to individual preferences. - Fixed repayments result from the fixed interest rate and fixed loan term. This provides certainty around budgeting well in advance, across the entire loan term. - Extra payments are permitted so the loan can be paid down faster and the bike fully-owned earlier. If a tax return comes in or a pay rise realised, the extra money can be made to the loan. This would result in the loan being finalised prior to the agreed loan term. In that event, minimal break fees would apply. **Pre-Approved Bike Loan and Delayed Deliveries** If applying for a pre-approved loan and the bike won’t be available for some months, there are aspects to consider:- - Pre-approved loans have a validity time. When that time expires, a new loan quote will need to be sought. If working with Jade Bike Loans, your consultant will handle this process. - If the pre-approved loan times out and a new quote is required, it will be quoted based on the interest rate on bike loans at the time. That may be different from the pre-approved loan. But we always work towards the cheapest offer. - The re-quoted loan will be based on the credit rating at that time. Ensure you keep your credit in good order to ensure the cheapest loan offer. - There is no obligation with a pre-approved loan. So if you change your mind when you finally get to test ride your Scram 411, no problems. There may be delays with the arrival of new bike models, but there are no delays when applying for finance with Jade Bike Loans. Quick quotes and fast approvals are our standard operating style. **For a quote on a motorbike loan for a new Royal Enfield Scram 411 contact Jade Bike Loans at 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Loan Tips --- ### [Motorbike Loans and the Budget](https://www.jadebikeloans.com.au/blog/bike-loan-tips/motorbike-loans-and-the-budget) **Published:** April 26, 2022 **Author:** Publisher **Content:** Analysing the annual Federal Budget may not be something that most people look forward to. Preferring to get a quick ‘what’s in it for me’ update from news headlines. But with inflation on the rise and the pressures on costs of living being felt by many, this is a year when more people are more interested in the announcements and the forecasts. Especially for riders, that can mean any impact on their motorbike loans. Prior to making the Budget announcement, Josh Frydenberg, the Federal Treasurer and Prime Minister Scott Morrison said this would be a budget to address the costs of living. Households are facing pain at the pump with fuel prices and surprises at the supermarket with price increases on many essentials. Of course many of the reasons as to why these prices are rising are emanating from outside of Australia. As Mr Frydenberg pointed out in the opening of his speech in bringing down the Budget, the invasion of Ukraine and continuing global pandemic are causing uncertain times in Australia. So what is in it for you? We unpack the basics of the 2022-23 Federal Budget with particular reference to how the measures may affect motorbike loans. **2022-23 Budget Overview** The Federal Budget is usually announced in May each year with measures typically coming effect in the new financial year, unless otherwise stated. However, as the Federal Election will be held in May, the timing for the announcement of the budget was brought forward to the 29th March. While, as usual, a number of budget measures were teased prior to the official announcement, the Budget in its entirety was launched on 29 March in the night session of Federal Parliament. As noted above, the Treasurer commenced his speech with mention of the negative global impacts on the economy as well as the floods occurring in NSW and Queensland. On a positive note, he made mention of the how Australia’s pandemic recovery was stronger and notably faster when compared with a number of other countries such as UK, USA, Canada, Japan and Germany. The Budget is a far-reaching document with measures on a broad and a very specific level. Those looking for detail on specific measures can refer to the [Budget site](https://budget.gov.au/) for details. **Individual Budget Measures** For current motorcycle owners, the big relief will likely be the temporary cut to the fuel excise of 22c/litre for 6 months. This is set to reduce the pain at the pump after an extended period of record petrol prices. Less to fill the tank means more in the wallet for other spending. Another big win for those earning less than $126,000 is the increase in the LMITO of $420. Sometimes referred to as the ‘lamington’, officially this is the Low and Middle Income Tax Offset. It has been in place for the past few years and was introduced as a temporary measure in the wake of the COVID-19 effects on the economy and as a stimulus. This lifts the total maximum LMITO to $1500. The amount each eligible taxpayer receives varies with the taxable income. Note that this is not a cash hand-out as such. It is received as part of the annual income tax return. So when you submit your tax return, the LMITO is applied and the relevant refund issued. So that is a great incentive to get those receipts and other paperwork in order so you can lodge your return quickly. For those with an existing motorbike loan, they may consider using any refund from LMITO to make extra payments on their loan. Our [Secured Bike Loan](https://budget.gov.au/) allows for extra payments. These extra amounts can be made when desired and considered as additional payments or to cover future monthly repayments. It needs to be noted that in making extra payments on a loan in addition to maintaining the repayment schedule, the loan will be paid out early. Break fees may apply in this situation. **Business Measures** From our perspective as a lender, the extension of the [Instant Asset Write-Off](https://www.ato.gov.au/Business/Depreciation-and-capital-expenses-and-allowances/Simpler-depreciation-for-small-business/Instant-asset-write-off/?=redirected_instantassetwriteoff) measure is of keen interest. For those purchasing a motorcycle with finance as their work vehicle, this measure may be applicable. For eligible assets by eligible businesses, it allows for the entire cost of the asset to be depreciated, or written-off in the year of acquisition. The usual depreciation process is for small percentages of the value to be depreciated each year over multiple years, in line with ATO schedule. Depending on the sector, businesses may also benefit from a range of budget measures announced including increase in infrastructure spending; small business tax cuts; manufacturing and agricultural sector support; and subsidies for apprenticeships and training. **Budget Timing** While the cut to the fuel excise and a $250 cash handout to welfare recipients will flow from Budget night, many measures will need to be passed by Parliament before coming into effect. Whether or not the Budget Bill can be passed before the election may impact the timing. The outcome of the May election may change things also, if there is a change of Government. **Motorbike Loan Impacts** The key element of motorcycle loans is of course the [interest rate](/motorbike-loan-interest-rates). The Federal Budget does not address the official interest rates as that is done by the Reserve Bank of Australia. But the measures in the Budget are designed to impact the key issues which the RBA looks at in regard to making a change to the cash rate – inflation and unemployment. Currently interest rates are at historic levels but its looking very much like rates will rise in 2022. The Treasurer forecasts unemployment to drop further, below 4% which will be key to the RBA’s decision-making process. If you’re set to gain from the measures included in the Budget, then perhaps that is the motivation you’ve been awaiting to purchase a bike with finance. **For a quote on a motorbike loan contact Jade Bike Loans at 1300 000 003** *DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE PRESENTED PURELY FOR GENERAL INFORMATIONAL PURPOSES FOR MOTORBIKE BUYERS AND THOSE SEEKING MOTORCYCLE LOANS. THIS IS NOT INENDED AS THE SOLE SOURCE OF INFORMATION FOR FINANCIAL DECISIONS. IF SPECIFIC ADVICE IS REQUIRED AROUND FINANCIAL DECISIONS, READERS SHOULD SEEK THEIR OWN FINANCIAL ADVISOR.* **Categories:** Bike Loan Tips --- ### [Motorbike Sales Figures: Latest Data, Latest Motorcycle Loans](https://www.jadebikeloans.com.au/blog/bike-loan-tips/motorbike-sales-figures-latest-data-latest-motorcycle-loans) **Published:** April 26, 2022 **Author:** Publisher **Content:** With the rising costs of petrol during March 2022, it would have been expected that possibly there would be rise in motorbike sales as motorists sought cheaper transport options and interest rates on motorcycle loans was low. But according to the sales for motorcycles in the first quarter of this year, the numbers are down compared with 2021. The [Federal Chamber of Automotive Industries](https://www.fcai.com.au/news/index/view/news/760) (FCAI) released the figures for the January through March 2022 in early April and they reveal an overall drop of 10.7% compared with the same period in 2021. But these figures need to be taken in the context of the market and economic conditions, We report on the motorbike sales figures for first quarter 2022 and what buyers might look for in considering their purchase and their motorcycle loans. **Sales Data: January-March 2022** As reported by FCAI, the total motorcycle sales figures include motorbikes, off-highway vehicles (OHVs) and scooters. Of the 24,338 units sold, off-road motorbikes had a big share of the action – 39.6% or 9,644 machines sold. But this is a drop of 17.2% on the 2021 data. Road bikes captured 39.9% of sales with 9,723 machines sold. An uptick of 12% on 2021. OHVs dropped with only 13.5% of sales. While scooters make up only a small 7% of the market, but with a rise of 15% on 2021 figures. Mr Weber, the Chief Executive FCAI, in a statement announcing the figures said that these machines were an important part of life for many Australians for both road transport and recreation. He said that with fuel prices rising and with increasing road congestion, it was time for state and territory governments to implement a consistent licence regulation regime nationally. He said this would enable more drivers to easily move to motorbikes. **Data in Context** As with all data, it needs to take in context. In the case of motorcycle sales figures that includes a number of considerations which we will cover off. Unfortunately the FCAI does not release data on best-selling individual brands, makes and models. That would be a plus for buyers looking to see what others had already selected. The FCAI figures also only include the sales results contributed by their members. It is a member-based organisation and not all motorbike brands are members. Several motorbike distributors in Australia are not FCAI members, so figures don’t include sales for Benelli, [Royal Enfield](https://royalenfield.com.au/), MV Agusta, Kymco, CFMOTO and Sherco. The figures also cover only brand new machines not second hand. Like so many manufacturing sectors, the motorbike industry is also dealing with challenging circumstances. This is around supply issues compared with demand. The computer chip shortage is continuing to have an effect on manufacturing as is the comeback after factories were shut down due to COVID. This particularly impacted European-based facilities. Costs and challenges of shipping goods to Australia have also been on the rise which has impacted supply. So sales figures may represent what stock was available to deliver in the relevant quarter rather than how many riders are keen to purchase new machines. The price of new motorbikes has increased as a result of these global and local challenges. This could be pushing buyers to the used market so purchases are not reflected in these new bike sales figures. **Current Buying Motivators** While figures for the first quarter of 2022 are down on the same period in 2021, there are possible reasons for this shift. Many people were cashed up and ready to roll in 2021. They had been in lock down for extended periods and had money to spend and wanted to get out! Motorcycles represent the ultimate getaway machine and no doubt many took the opportunity to purchase their first or next machine. So that was then, 2021, what are the driving reasons to buy a new motorbike in 2022 now? We provide a few ideas for those considering moving from 4 to 2 wheels or intending to buy with a motorbike loan. - Fuel prices surged in early 2022 as a result of primarily global issues. While the Government responded by reducing the excise to 22c for 6 months, many car owners may be frustrated with the continuing see-saw of petrol prices. Seeking a more economical form of commuting could be on the cards. - [Interest rates](/motorbike-loan-interest-rates) have been at record lows since November 2020 but the RBA is tipped to move in June 2022 and increase the cash rate. This will mean that motorbike loan interest rates will rise as lenders respond. Rates could rise several times over several months. So getting in while rates are low could represent a savings on loan repayments. - Upcoming tax returns could find their way into many taxpayers’ back accounts after they submit returns. This is a result of the extension of the Low and Middle Income Tax Offset in the Federal Budget 2022/23. This includes an increase of $420 which makes maximum possible $1500. Those in line for that rebate could put that towards their new motorbike. - If buying with a [Secured Bike Loan](/secured-motorcycle-loans), additional payments are allowed. So buyers could purchase now with a cheap bike loan while rates are still low and use any tax return monies to make extra loan payments down the track. Clearly availability will be an important factor on bike sales figures moving forward. We await the next quarterly figures in July to see how all this plays out. **For a quote on a motorbike loan contact Jade Bike Loans at 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Loan Tips --- ### [Choices for Used Motorbike Loans and Buyer Alerts](https://www.jadebikeloans.com.au/blog/bike-loan-tips/choices-for-used-motorbike-loans-and-buyer-alerts) **Published:** April 26, 2022 **Author:** Publisher **Content:** Riding a brand new motorcycle is likely the preference for many riders. But in many instances, purchasing a brand new machine is not a cost-effective or practical option. However, recent issues around the shortage of computer chips, pandemic-related issues and other supply chain problems have delayed the arrival in Australia of many manufactured goods including motorbikes. Issues which increase the interest in the used motorbike market. For riders considering buying machine there are cost-effective used motorbike loans available with some variations from loans for brand new bikes. Second-hand motorcycles may come under a number of categories – collector machines, classic models that are no longer available, vintage models, limited edition versions or just motorcycles that are a few years old. Whatever the category you are considering, [Jade Bike Loans](/) can assist with sourcing finance. We cover off on some of the issues to take into consideration when buying a second-hand motorbike with finance. **Value Compared with Price** A key issue to look closely at is the selling price of the bike compared with the value. Increased demand for second-hand goods including cars and bikes has soared due to limited supply of new machines for some brands. The stock issues are the result of factories still getting back to normal production after COVID-19 shutdowns and the computer chip shortage which has left a gap in supply of some new models. With new models unavailable, more buyers can be drawn into the used market. As the law of demand and supply goes, this can have the effect of driving prices up. It has been a major issue in the motor vehicle market, While keen riders may be quite happy to pay the selling price, if seeking finance for the purchase, there are issues to be aware of. First in regard to the loan amount and the value of the bike. If say the buyer is seeking a no deposit bike loan and the lender does not consider the loan amount is in line with the value. In this example the lender might request the loan applicant reduce the total amount. To reduce the loan amount the borrower would need to pay a deposit. When buying goods with finance, borrowers are required to take out insurance on the goods. The price, loan amount and value are taken into account with when a policy quote is prepared. **Used Bike Loans** For buyers of second-hand bikes, Jade Bike Loans offers two types of motorcycle loans: - [Secured Bike Loan](/secured-motorcycle-loans) - [Unsecured Personal Loan](/unsecured-personal-loans) The Secured loan is the most popular for new bike purchases. With this type of loan the motorcycle is accepted as the guarantee or security against the loan. It is straightforward. With used bikes, the interest rate on a Secured Bike Loan may be higher than that for a brand new machine. Lenders may also have variations in the total amount of the loan as mentioned above. The interest rates shown by most lenders in promos and ads will usually be for brand new goods which eludes to used goods attracting a higher interest rate. The advertised rates will also typically apply to applicants with a good credit score. While the difference between the interest rates for new and used goods is a matter for the lender, the credit profile is a matter for the applicant. A better credit score will normally attract a better interest rate for loans. Keeping payments on schedule and reducing debts such as credit card balances can improve credit ratings. But with second-hand bikes, the condition and the age of the machine is taken into consideration by lenders when preparing a bike loan offer. If the used motorcycle is not considered acceptable as security by the lender, that is when an unsecured loan can be considered. Unsecured Personal Loans can be extremely suitable for the purchase of used motorcycles. This type of loan does have some key differences from a Secured Bike Loan. As there is no security in the goods being acquired, lenders may ask for some other form of asset to be put up as guarantee or a personal guarantee provided. The interest rate is typically higher than for secured loans. But additional payments are permitted with no break fees applicable if the loan is completed prior to the end of the term. With both types of loans, your Jade Bike Loans consultant will be seeking you the cheapest bike loan offer from across our vast selection of banks and non-bank lenders. **Buyer Warnings** Used motorcycles can be great machines and offer great value for many buyers. But following the February –March floods in NSW and Queensland, buyers of cars and similar goods are being warned of flood-affected goods getting onto the second hand market. While the focus of these alerts from the likes of the Queensland Transport Department and other authorities has been for cars, it would not be unexpected to find motorcycles in a similar situation. If buying from a private seller or from a dealer, always ask for an inspection certificate from a reputable organisation or get your own bike mechanic to put the bike over the pits for a full check. When buying second hand, buyers should also check the [PPSR](https://www.ppsr.gov.au/) to ensure no money is still owed on the bike. When using Jade Bike Loans to source your finance, these are just a few of the issues that your consultant will discuss and assist you with. **For a quote on a used motorbike loan contact Jade Bike Loans at 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Loan Tips --- ### [Will motorbike loans change with RBA rate changes?](https://www.jadebikeloans.com.au/blog/bike-loan-tips/will-motorbike-loans-change-with-rba-rate-changes) **Published:** April 26, 2022 **Author:** Publisher **Content:** Interest rates are key to all types of loans and finance including motorbike loans. For those that currently have a bike loan or are considering purchasing a new bike with finance, you are probably aware of the prospect of a ‘rate rise’. While aware, you may not fully understand what ‘rates’ this rise relates to and how it may play out in regard to motorbike loans. We provide an explainer on the connection between decisions made on interest rates by the Reserve Bank of Australia and the interest rate applicable to motorbike loans. How those decisions may impact current loans and new loans and how those applying for a motorcycle loan can achieve the cheapest possible interest rate loan. **Role of the RBA** The [Reserve Bank of Australia](https://www.rba.gov.au/) (RBA) is Australia’s central bank. Its primary role is to set monetary policy for the country and that includes setting the cash rate. This is, in the simplest terms, a lending rate for bank-to-bank lending. It is not the interest rate that lenders apply to their loans. The RBA is independent of Government and makes its decisions on the cash rate based on an analysis of economic data. Most specifically in regard to interest rates, unemployment and inflation figures. The Board of the RBA meet on a monthly basis (with the exception of January each year) to make a decision as to whether or not to change the cash rate. During the economic crisis of the pandemic the RBA cut the cash rate a number of times as a stimulus measure. In November 2020 the Board cut the rate to 0.1%, the lowest rate ever. The rate has been held at this record low since that time. But as the country has recovered from the economic impacts of the pandemic, unemployment has fallen and inflation surged. Conditions which are pointing to the RBA acting in the very near future to raise rates. Many analysts and lenders, including one of our major lenders, [Commbank](https://www.commbank.com.au/), strongly consider the RBA will move on rates at their June 2022 meeting. **RBA and Lender Connection** The rate that the RBA sets becomes essentially a starting point for banks and lenders to decide the interest rates they will apply to their loans. They add in their own costs and considerations including risk factors in certain markets and their interest in being competitive in a certain lending sector. The lending rates vary across banks and lenders and across different types of loans. You may notice that the interest rate on say a home mortgage is different from the interest rate on a car loan or a motorbike loan. When the RBA moves on rates the lending markets respond. By how much each cuts or raises their rates will depend on their individual guidelines. **Factors Impacting Bike Loan Interest Rates** From that general perspective, we come down to the interest rate which individuals are offered on their motorbike loan. That rate is arrived at by our individual lenders and can be impacted by: - Credit rating of loan applicant - Application specifics as assessed by lenders on a risk basis - Age and condition of the motorcycle – used motorcycles may attract a higher rate as lenders will take into account the age and condition when preparing a loan offer. When browsing [motorbike loans](/secured-motorcycle-loans), note the conditions which are usually that the advertised rate and comparison rate apply to new goods (motorbikes) and for loan applicants with a good credit rating. **Comparing Motorbike Loan Interest Rates** There are differences across the market in terms of interest rates. We have [prepared a table](/motorbike-loan-interest-rates) which enables those interested in applying for a bike loan to easily review the rates currently being offered by a group of lenders. **Current Bike Loans** So what happens to a current motorbike loan if the RBA and lenders increase their interest rates? The answer depends on the type of loan. If the bike loan has been arranged with a fixed interest rate, there will be no change. The rate and the loan repayments remain the same. Jade Bike Loans sources [Secured Bike Loans](/secured-motorcycle-loans) at a fixed interest rate to provide assurance to our customers that their loan won’t change. If the bike loan however has been arranged with a variable interest rate, there is the possibility that the lender will increase the interest rate. An increase in the interest rate will impact the monthly loan repayments. **New Motorbike Loans** For those considering applying for a loan to purchase a new motorbike, your Jade consultant will source a loan offer which will be based on the interest rate that is current at that time. Loan offers, including pre-approved motorcycle loans, are valid for a set timeframe. That will be advised at the time we present you with the offer. If there is a delay with the purchase and the offer expires before used and then re-requested, the offer would need to be re-quoted. If the interest rates rise in that interim, a higher rate may apply. **Achieving the Cheapest Motorbike Loan** Despite the prospect of rates increasing across lending markets in coming time, Jade Bike Loans will always focus on achieving the cheapest interest rate loans possible for our customers. Using our services allows for fast and expert coverage of a vast number of banks and lenders to identify the cheapest loan. Negotiations are carried out on your behalf to achieve the lowest rate and loan conditions that best suit individual preferences. What loan applicants can do themselves is to ensure they keep their credit score and profile in good order. If planning to purchase a new motorbike with finance soon, it can be highly advisable to act sooner rather than later when the RBA may have raised rates. **For a cheap interest rate motorbike loan contact Jade Bike Loans at 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Loan Tips --- ### [Secure the Latest from Harley-Davidson with Cheap Motorcycle Finance](https://www.jadebikeloans.com.au/blog/bike-loan-tips/secure-the-latest-from-harley-davidson-with-cheap-motorcycle-finance) **Published:** May 2, 2022 **Author:** Publisher **Content:** When arguably the world’s most iconic motorcycle badge, Harley-Davidson, releases new models, it’s sure to attract a lot of interest and many keen buyers. This is a brand which embodies motorbike culture with a deep heritage dating back well over a century. For today’s riders, the range offers the latest in safety and performance while retaining that trademark style and appeal. These highly aspirational motorcycles are high on the wish lists of many motorbike buyers. Also on that wish list is likely to be cheap interest rate motorcycle finance. To achieve that objective, finance seekers will want to know where to source the cheapest finance. Cheap motorcycle finance can be achieved to purchase new models from the Harley-Davidson range through specialist motorcycle finance lenders and brokers**.** Lenders such as Jade Bike Loans. Lending interest rates across markets remain at record low levels for the moment due to the [RBA](https://www.rba.gov.au/) holding the cash rate at 0.1% since November 2020. But that scenario looks set to change with a rise in the cash rate by the RBA expected within months if not this month. Buyers keen to own a new Harley but at the cheapest rates are urged to move quickly to secure both a 2022 model and a cheap rate motorcycle loan. We present compelling rationale for both! **Harley-Davidson 2022 New Model** Harley-Davidson describes its new Nightster model as an ‘instrument of expression’. It’s a star of the latest collection and will be attractive as a motorcycle to enter the brand’s collection of sport models, according to the company. What makes the Nightster a star? Here’s a few features to digest for starters:- - Appreciate strong acceleration and more robust power in the mid-range with a new 975cc V-twin engine - Strong yet lightweight and compact construction - Improve confidence of especially new riders with the lightweight and the light feel - Safety features including traction control, anti-lock braking and drag torque slip control - Electronics which have been enhanced - Three ride modes – road, sport and rain - Dual rear shocks exposed - LCD display with multiple functions - Wheels: 19” front an 16” rear - Exciting styling with a metallic charcoal toned powder-coated finish highlighted with gloss black inserts - Select from Harley-Davidson colour schemes of grey, red and black. - Branded accessories to set the Nightster up to specifically suit your riding requirements Buying tip: if wanting some of the genuine Harley-Davidson accessories on your Nightster, purchasing when you are buying the motorcycle can usually allow our Jade Bike Loans consultants to add the cost into the total motorcycle loan. If bought after-purchase, the cost would not be able to be added into the loan after. By incorporating all these expenses into the total loan, it can save buyers paying for accessories from their cash reserves later. While interest rates are still at relatively low levels, it may be advantageous to include as many extras as possible in the motorcycle loan. So what type of riders should be sizing up the Nightster? Harley-Davidson says, those that are looking for a quick motorbike which is nimble and has sharp handling. Fans of the iconic brand are also sure to value the feel of the Nightster and the depth of history and heritage build into a motorcycle which is in many ways, understated. Those that love the Sportster silhouette, those classic lines, are also tipped to show interest in the Nightster. Those classic lines are paired with the advanced features on this new engine. To see if the Harley-Davidson Nightster should be your next motorcycle, head to the [website](https://www.harley-davidson.com/au/en/index.html) to review the specifications and the accessories. Buying tip: the price of the Nightster has been tipped at $24,000. Have our Jade Bike Loans Calculator open in another web browser while checking out the model to quickly calculate repayment estimates on your motorcycle loan. **Cost-effective Motorcycle Loan** Our [Secured Motorcycle Loan](/secured-motorcycle-loans) is universally the most popular type of loan to purchase new motorbikes, including Harley-Davidson models. This is a secured finance product where the new motorcycle becomes the security or guarantee for the lender against the loan. Currently, interest rates are still very low so jumping in now to secure a [fixed interest rate](/motorbike-loan-interest-rates) motorbike loan is strongly encouraged. It is very likely that the RBA will act on rates very soon and that will cause a rise in interest rates across the lending sector. We secure all our Secured Motorcycle Loans at a fixed rate and that means that the rate will not change despite what happens in the lending sector. The loan term, the number of years to repay the loan, is also fixed when the loan is secured. Along with the fixed interest rate this means the monthly motorbike loan repayments will also remain fixed for the entire loan period. Fixed loan elements provide confidence for our customers and the opportunity to plan their budget well in advance. As an added incentive, we offer pre-approved motorcycle finance so you can secure your loan first and then head into the Harley dealership to talk deals on the Nightster. By pre-arranging finance, buyers can have that extra level of confidence to proceed, knowing the loan is secured and knowing exactly what their monthly loan commitments will be. **To get in fast for cheap motorcycle finance on a new Harley-Davidson Nightster, contact Jade Bike Loans at 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Loan Tips --- ### [Motorcycle Finance Interest Rates Outcomes of RBA Rate Rise](https://www.jadebikeloans.com.au/blog/bike-loan-tips/motorcycle-finance-interest-rates-outcomes-of-rba-rate-rise) **Published:** May 9, 2022 **Author:** Publisher **Content:** The Reserve Bank of Australia (RBA) raised the official cash rate at the May RBA Board meeting, ending months of assumptions and conjecture in the finance market. The decision by the RBA to lift the official cash rate to 0.35% from the historic low of 0.1% was expected but is still extremely significant. Following the RBA May rate rise, new motorbike buyers will no doubt be wanting to know what this means for motorcycle finance interest rates. We address that question by highlighting key aspects of the RBA’s decision including the reasoning given for the decision at this time. An explainer which includes the prospects for lending rates in general terms moving forward. As the RBA’s rate rise decision came just weeks out from the Federal election, it is important to note that the RBA does not make decisions based on government directions. The central bank is independent of government in that respect and makes decisions around monetary policy based on the economic conditions. The May decision was also extremely significant as it represented the first time that the cash rate has been increased for 12 years. So for many, this will be a new experience to face interest rate increases rather than decreases. The amount of the increase, 0.25%, was much higher many in the financial circles had anticipated. A 0.15% for the first rise was probably in the range of expectation. But the RBA has framed this increase as ‘normalising’ the cash rate after the rate was cut somewhat dramatically in 2020 as the Australian economy faced dire conditions as a result of the pandemic. **May RBA Board Statement: Main Points** The outcome of the RBA Board meetings is officially announced via a statement. This [statement](https://www.rba.gov.au/media-releases/2022/mr-22-12.html) outlines the reasons behind the Board’s decision on interest rates and provides its forecasts and outlook for the coming period. The main points in the May statement comprise:- - Timing appropriate to commence withdrawal of some of the monetary support provided during the pandemic. - Time to start normalising conditions in regard to monetary policy. - Faster pick-up in inflation than expected due to faster economy bounce back. - Unemployment in target region, currently 4% with expectations of further reduction to 3.5% by early 2023. - Despite uncertainties from global events, positive outlook for economic growth. - Global events and conditions causing uncertainty: Ukraine war; increase in COVID-19 situation in China; global inflation. - Inflation rising in Australia economy caused in part by strong demand putting pressures on business’ supply capacity. Many businesses still having issues with staffing in order to operate to full capacity. Businesses passing on the cost rises they are facing to consumers which in part is impacting inflationary pressure. - Additional rise in inflation is expected. This is expected to be followed by a decline as the supply issues are resolve. - Forecasts in regard to inflation in the future are based on assumptions that additional interest rate increases will occur. - Evidence of wage growth via wage increases in private sector. The RBA has stated its commitment to continuing to do what is needed to see that inflation returns to its target levels. This, the Board states, means that more interest rate increases will be needed. The RBA Board has its next meeting to make determinations on the cash rate in early June. By that time additional economic data will be released which may influence the decision making process. **Motorbike Finance Impacts** For those planning to buy a new motorbike with finance in the near future, the message to hear loud and clear is additional interest rate rises in the future. As has been eluded to by commentators and analysts, it is expected that the RBA will make a number of increases to the cash rate as it starts to normalise conditions and that means clawing back the pandemic rate cuts. Changes in the cash rate flow into all lender markets. Individual lenders will decide how they will adjust the interest rates offered for each of their own loan products based on their own guidelines. Several major banks lifted their home lending rates within hours of the RBA decision and it is expected that we will see our lenders increase rates in markets such as motorbike loans. As we have [accreditation with many banks and non-bank lenders](/why-jade-bike-loans), we have the ability to source a vast section of the motorcycle loan market to secure the cheapest available rate loan for our customers. As a handy guide to motorcycle interest rates, we have compiled a table which doubles as a [loan calculator](/motorbike-loan-interest-rates). Simply input the amount required for the bike loan and immediately displayed will be the estimated repayments on a loan from a range of lenders. Key take-outs and reminders for buyers from the May RBA decisions are:- - Proceed with loan applications for purchase as soon as possible to avoid further rate increases which may come as soon as June 2022. - Keep [credit rating](https://moneysmart.gov.au/managing-debt/credit-scores-and-credit-reports) in the good range to ensure the cheapest interest rate is offered. The lowest advertised interest rates are typically for good credit score applicants. - Use Jade Bike Loans to source the motorcycle loan for quick, expert and comprehensive loan sourcing for the cheapest offer. **For cheap motorcycle finance contact Jade Bike Loans at 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Loan Tips --- ### [Buyer Actions to Offset Motorcycle Loans Rate Rises](https://www.jadebikeloans.com.au/blog/bike-loan-tips/buyer-actions-to-offset-motorcycle-loans-rate-rises) **Published:** May 16, 2022 **Author:** Publisher **Content:** At its May meeting, the [RBA](https://www.rba.gov.au/) Board made its first of what is expected to be several increases in the official cash rate. The consequence of the RBA’s actions is a response by lenders to increase their borrowing rates across their individual loan markets. In short, interest rates on motorcycle loans can be in for increases across the board. An increase in the interest rate on a loan typically results in a greater loan repayment amount. While Jade Bike Loans focuses on achieving the [cheapest interest rates](/motorbike-loan-interest-rates) for our customers and hence the most suitable repayments, customers can assist in achieving the objective. There are actions and decisions that motorbike buyers can take to minimise or offset the impact of interest rate rises on repayments on their motorcycle loans. These can include focusing on the repayment rather than the rate, understanding the motorbike loan lending market and varying elements of the loan to achieve the preferred repayment figure. We’ll go through each of these options in more detail so new bike buyers seeking finance can better plan how they will approach their motorcycle loan. **Achieving Cheaper Motorcycle Loan Interest Rates** Before moving straight into the other elements of a bike loan, we first emphasise the significance of a lower interest rate on the ultimate objective of a cheaper bike loan. The interest rate is the key determining figure to the total cost of the loan and when calculated with the loan term and loan amount, that all-important loan repayment figure. When planning the motorbike loan, there are a number of key issues that buyers should be across:- - Lenders will typically advertise their lowest motorcycle loan interest rate which will be for loan applications that have a [good credit score or rating](https://moneysmart.gov.au/managing-debt/credit-scores-and-credit-reports). So maintaining a high credit rating is extremely important in receiving a bike loan offer priced at the lowest available interest rate. - Motorcycle loan interest rates will differ for different banks and non-bank lenders. Covering enough lenders with quotes can be time-consuming and confusing for many. Using our broker-style services can cut straight to the chase in this regard. Jade Bike Loans is accredited with over 40 lenders and with our industry-level access, resources and bargaining power, our consultants are well-placed to achieve a quick and great outcome. - Applications for loans are reported by lenders to credit reporting agencies for listing on credit profiles. Multiple loan applications can have a negative appearance on individual profiles and as such, impact the good work of covering all options that the applicant is trying to achieve. Using Jade avoids this situation. - Beware of zero interest rate loan offers and other options which appear too good to be true. These types of loans can be hiding special conditions which can be costly if not identified. The special rate may only last for a short time and then a higher than market rate may apply. Hidden charges may also be lurking. - Understand the difference between a variable interest rate loan and a fixed interest rate loan. We offer our Secured Motorcycle Loan at a fixed interest rate which will not change over the loan term despite changes in general interest rates. Variable rate loans are subject to change in line with lender rate rises following RBA cash rate increases. **Motorcycle Loan Term** Many loan applicants will have a figure in mind that they want or can afford in the monthly loan repayments. The repayment amount is often far more relevant and relatable than interest rates. Changes in the loan term change the repayment figure. A shorter number of years/months will make repayments higher but less total interest payable and the motorbike will be owned outright sooner. But a longer loan term will deliver lower monthly bike loan repayments. The total interest payable will be higher and it will take longer to own the bike, but this may be an effective way to achieve the preferred repayment amount. Lenders will have guidelines around the loan terms they will approve, so keep that in mind. But your Jade consultant will be working on your behalf to achieve the loan structure that you prefer. To get an idea of how the loan term may change the bike loan repayments for the bike you are considering, head to our Motorbike Loan Calculator. **Total Loan Amount** The amount of the loan is going to be a major deciding factor in the determining the repayments. Requesting a smaller loan amount will result in smaller loan repayments. To achieve that end, buyers face a decision of whether to opt for a no deposit motorcycle loan or not. We do offer no deposit motorbike loans which allows for the purchase price of the bike and often additional accessories to be included in the loan. Very convenient for many buyers. But if the main objective is to lower those repayments especially as rates rise, then lowering the loan amount by paying a deposit could be the more appealing option. **Outlook and Action** With the RBA highly likely to make further increases in the cash rate as soon as the Board’s 7 June meeting, the era of record low lending rates being enjoyed since November 2020 has ended. Now is the time for motorbike buyers to be smarter when seeking finance to ensure they achieve the lowest interest bike loan possible as well as meeting their preferred loan repayment goals. **For individually sourced and structured motorcycle finance contact Jade Bike Loans at 1300 000 003** *DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE 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.* **Categories:** Bike Loan Tips --- ### [Can individuals use finance brokers for a Motorbike Loan?](https://www.jadebikeloans.com.au/blog/bike-loan-tips/can-individuals-use-finance-brokers-for-a-motorbike-loan) **Published:** May 23, 2022 **Author:** Publisher **Content:** Yes. Finance brokers and broker-style lenders can offer a valuable service and significant benefits to individuals seeking a motorbike loan. When the need for a motorbike loan arises, individuals are faced with a number of options in regard to the loan itself and especially in regard to lenders. The Australian lending market is extensive, competition in many sectors strong and that can be a great plus for those seeking the cheapest loan. But not everyone has the financial knowledge and acumen to differentiate the lenders and what each offers, compare the loans on the market, know what to look for and analyse offers made to them to confidently know which is genuinely the cheapest or the best suited to their needs. Added to that, not everyone has the time to cover off on enough banks and lenders to feel that they have done enough to achieve the most suitable and cheapest loan offer. Many also don’t realise that applying for the same loan to multiple lenders in order to find the cheapest motorbike loan can actually have a downside. It can result in a negative effect on the individual’s [credit profile](https://moneysmart.gov.au/managing-debt/credit-scores-and-credit-reports). Even when a number of loan offers and quotes have been obtained, individuals don’t all, if any, have the bargaining power or the skills to negotiate with lenders, especially if that lender is one of Australia’s largest banks. These are just a few of the key reasons why people engage the services of finance brokers and broker-style lenders such as [Jade Bike Loans](/why-jade-bike-loans) to source their motorbike loan. We provide a rundown on the services and benefits that motorcycle buyers may receive by opting to use a broker compared with sourcing their loan themselves. **Who is eligible to use finance broker services?** For those that have never considered or used the services of a finance broker before, it may be because they were not aware that they could. While the title can give the impression that this is only for the wealthy or for businesses that is certainly not the reality. Most finance brokers work with individuals and businesses. Some brokers may have specialty areas or preferred clients, but in general terms, and as especially in regard to Jade Bike Loans, all motorcycle buyers seeking finance are welcome to contact us to discuss their requirements. **Role of the Finance Broker** The role of the finance broker or broker-style lender is essentially to arrange a loan for their customer. The range of services may vary from broker to broker, but with ourselves, that includes handling the entire process. From taking the customer’s brief, to sourcing the cheapest quote, then processing the application and through to assisting with settlement by liaising between our lender and the motorcycle dealer. Finance brokers are not banks, they source loans for customers from banks, finance companies and other non-bank lenders. In order to achieve this, brokers need to be accredited with banks and lenders. Accreditation is approval by that lender that the broker can work with them in sourcing loans for their customers. The more accreditations that a broker has, the more options available to their customers with the ultimate objective of sourcing the cheapest loan offer on the market. It is important to differentiate the role from that of a financial advisor or financial consultant. The financial advisor role is essentially to advise individuals on aspects of their personal financial situation. That may include investments, savings, superannuation or general budgeting advice. In the case of taking on finance to purchase a motorbike, individuals may choose to refer to their financial advisor when made a loan offer. The advisor may be in a position to advise if the loan will be suitable in the context of the individual’s personal financial situation and objectives. Finance brokers do however need to be licensed and in providing consumer finance, adhere to the Responsible Lending Guidelines as set by [ASIC](https://asic.gov.au/). These guidelines are in place as a protection for consumers seeking finance. **Loans Sourced by Finance Brokers** Some brokers will confine their business to specific loan markets such as home loans, motor vehicle finance or other while some will cover a wide range of finance. Jade Bike Loans is structured to specialise in motorcycle loans. The loans we handle in the motorcycle finance market include both personal loans and business finance if the motorcycle is being acquired for use in a business and by a business entity. The most popular loan in our portfolio is the Secured Motorcycle Loan. This suits most buyers of new and many used motorbikes. As with many lenders including banks, finance brokers can have minimum loan amounts that they handle. **Selecting a Finance Broker** Here a few tips for selecting a finance broker or broker-style lender:- - Ensure they specialise in the loan market you require, in this case motorcycle finance. - Do you need a broker in your local area? No. Broker style lenders such as Jade Bike Loans operate at a national level. Contact with clients is handled via phone and email which allows us to provide services to customers across Australia, even in extremely remote locations. - Ensure the finance broker is licensed, preferably a member of the FBAA and abides by ASIC requirements and lender guidelines. This is an assurance for consumers that they will not be offered a loan which is not suitable for them – one of the key points in the guidelines. - Experience and accreditations is of particular importance. The more choices offered through accreditations, the more lenders will be covered off in seeking the cheapest motorbike loan. **How to Work with a Finance Broker** Working with a broker-style lender such as Jade Bike Loans is an easy and streamlined experience. There is no obligation to proceed when requesting a quote. The first step is to contact us by phone, email or via our online forms. You will be assigned a designated consultant, a fully-trained and experience expert, who will handle your motorcycle loan. You brief your consultant as to the motorbike you intend to purchase and provide the details necessary for us to source a quote for you. Your consultant proceeds to source and negotiate the [cheapest quote](/motorbike-loan-interest-rates) from across our 80+ lenders. We come back to you with a quote for your consideration which contains details of fees and charges as required by consumer finance laws. On acceptance of our loan quote, your consultant proceeds to process your application with the lender to approval stage. We then liaise between the lender and the dealer to finalise the sale. **Benefits Finance Brokers Offer** When working with use, our customers save loads of time compared with contacting multiple lenders for quotes themselves. They also have the advantages of access to many lenders, some of which they may not have known even existed and saving a lot of hassle. **For individually sourced and structured motorcycle finance contact Jade Bike Loans at 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Loan Tips --- ### [Winter Riding: Where, How, Prep, Motorcycle Loan Tips](https://www.jadebikeloans.com.au/blog/bike-loan-tips/winter-riding-where-how-prep-motorcycle-loan-tips) **Published:** May 30, 2022 **Author:** Publisher **Content:** Despite the colder temperatures, winter is a popular time for motorcycle riders to get away on a road trip. Roads can be less crowded and the crisp, cool conditions can be ideal for an invigorating experience. But there are some steps that riders can and possibly should take in order to maximise the enjoyment of winter motorbike riding, whether in the country or the daily city commute. They include preparation and extra gear which could be possible to include in the motorcycle loan. We cover off on a range of aspects around winter motorbike riding including where to go, preparation and motorcycle loan options when purchasing a machine for road trips in cooler months. **Prepare for Weather Conditions** Fog, wet roads, snow and ice and rain can make for challenging riding conditions on country roads. Extra gear in addition to what is required for daily urban riding may be required. Tip: when buying a new bike, plan ahead so any extra gear might be included in the loan for the bike. Your [Jade Bike Loans consultant](/approval) may be able to include the price in your motorcycle loan. The gear and extras may include equipment for the bike or for yourself. Protective clothing is a must for riders under all road conditions. A cheap tip we picked up from experienced riders is to wear latex gloves under the riding gloves as additional insulation and water protection. Another is to protect socks and feet from wet dripping into boots by putting on plastic bag on over socks. Recyclable plastic of course and re-use when dried. Protective clothing such as pants, jackets, gloves and of course a helmet are essentials. If planning to ride in wet weather, having spare pairs of gloves on hand could be a very welcome move. If planning a longer road trip, extra saddle bags and storage could be advisable to stow clothes and other belongings. A dry change of clobber can be most welcomed after a long day’s ride in inclement conditions. Novice riders and those that rarely venture out of urban areas can be assisted by referring to experts for tips and advice for country and winter conditions riding. A few tips we sourced are, on country roads keep a sharp eye out for cattle grids, change of road camber, potholes and rough patches, animals especially wildlife and the crests of hills. Be ready to alter speed and riding position to skillfully handle changing road conditions. Of course, prepare your bike for the trip. If planning to head to more remote areas or even on less-used country roads, you don’t want mechanical issues to strand you. Remember, mobile coverage is not completely reliable everywhere. **Destination Suggestions** If looking to venture to new areas, riders have a wealth of resources available for suggestions on great motorcycle rides and roads in Australia. Some of the popular suggestions include:- - NSW Kangaroo Valley Ride - South Australia’s Adelaide Hills - The Great Ocean Road in Victoria - NSW Oxley Highway - Queensland’s Lions Road - In Tasmania, try Strahan to the Derwent Bridge - Queensland’s Mount Glorious - The Putty Road, just north-west of Sydney is very popular for a day ride Use the [resources](https://www.bestbikingroads.com/motorcycle-roads/country/australia) available which often have reviews by riders including their bike details. If you’re keen to camp, why not consider a camper trailer. [Road Warrior Campers](https://roadwarriorcampers.com.au/index.asp) have a trailer which can be towed by motorcycles. Great for taking a bit of extra luxury for the trip especially in winter months. But check the specs of your bike for suitability. If interested in purchasing this trailer, speak with your Jade Bike Loans consultant regarding finance options. **Purchasing and Loan Tips** Unlike many things, motorcycle loans are not seasonally affected or adjusted. Lending interest rates are impacted by RBA changes to the cash rate, but those changes are made in response to economic not weather conditions. Our [Secured Motorcycle Loan](/secured-motorcycle-loans) is the most widely-used bike finance as it suits most buyers and most new motorbikes. It has a simple to grasp concept where our lender accepts the motorcycle as the loan security and the loan is repaid in equal monthly instalments over a fixed period. To provide certainty for our customers, we source Secured Motorcycle Loans at the [cheapest fixed interest rate](/motorbike-loan-interest-rates). With a fixed rate loan, the interest rate and hence the repayments, do not change when the RBA announces a rate hike. If considering an upgrade to a machine more suited to long rides, now could be a good time to buy with finance. The RBA increased interest rates for the first time in 12 years in May and indicated further rises were ahead. Applying for motorcycle finance prior to a rate rise, could represent a significant saving over the full life of the loan. To estimate repayments on different machines you are considering, use our Bike Loan Calculator or just give us a call for a quick quote. Winter motorcycle riding can be a great recreational and holiday experience, so get organised, prepared and get going. **For a motorcycle loan on a machine suited to long, winter rides contact Jade Bike Loans at 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Loan Tips --- ### [Cheaper Motorcycle Loans for New Yamaha Models](https://www.jadebikeloans.com.au/blog/bike-loan-tips/cheaper-motorcycle-loans-for-new-yamaha-models) **Published:** June 6, 2022 **Author:** Publisher **Content:** With global supply chain issues and delays across multiple manufacturing sectors, it’s always great news to hear of new stock of motorbikes arriving in Australian dealerships. Case in point, we read that some stock of a number of new Yamaha models has arrived in the local market. But, according to reports, stock of the new Yamaha models is somewhat limited so buyers would be advised to secure their motorcycle loans prior to visiting a dealer. Pre-approved motorcycle loans can be a great benefit to buyers in many ways especially in being in a position to commit to motorbike models in limited supply. In regard to Yamaha, the limitations may be around colour selection available at particular dealerships. So what new Yamahas are currently on the market? We provide an overview and guidance as to acquiring a pre-approved motorcycle loan at a cheap interest rate. **New Yamaha Models** Over the past few months, stock of the XSR 700 roadster, XSR 900 retro roadster and the streetfighter MT-10SP are reported to have arrived. The MT-10 updated model is due this month. The 2022 version of the [MT-10SP](https://www.yamaha-motor.com.au/products/motorcycle/road/maximum-torque/mt-10sp) includes an update to the CP4 engine, radical suspension, Euro 5 compliant features, improved ergonomics, 4.2” TFT screen, ride-by-wire throttle and plenty more to check out. With a ride away price advertised at $27,349, prospective buyers can head to our Bike Loan Calculator to work up repayment estimates to see if this new Yamaha is within their budget. Yamaha states that buyers should not be misled by the great look of the new [XSR 900](https://www.yamaha-motor.com.au/products/motorcycle/road/sport-heritage/xsr900). Under that timeless 80s look is very serious tech for high performance. This model has the 890cc CP3 and is fitted with a lightweight chassis. The electronics provide high level control in many riding situations. Making the 900 idea for heading out on winding road rides or getting from A to B on the straight stretches. Colour range include Midnight Black and Legend Blue. But as mentioned above, not all dealers might have all colours of these new models. So get your pre-approved bike loan so you are ready to capture your preference when located. For those wanting repayment estimates, $17,299 is the ride away advertised price point. For new riders, the new XSR 700 could be a possibility as it is a LAMS bike at 655cc and with plenty of retro cool. And the price point is likely to appeal to younger buyers also – just $13,699. With a cheap interest rate motorcycle loan through [Jade Bike Loans](/why-jade-bike-loans), the XSR 700 could be totally doable. Colourways offer Heritage Black and the Heritage White choice. Yamaha is one of the most popular brands and a favourite with many riders. So these new models could be snapped up fast by eager enthusiasts. So don’t delay, get onto organising your finance so you don’t miss out on your preference. **Loan Options for New Yamaha Models** The most widely-used motorcycle loan for new models is our [Secured Bike Loan](/secured-motorcycle-loans). As a secured loan, the motorcycle is accepted by the lender as the security for the loan. Lenders register their interest in the motorbike as security on the [PPSR](https://www.ppsr.gov.au/). While the lender holds an interest in the bike by way of security, the buyer has complete and full use of the bike and is responsible for all the ongoing expenses including rego, insurance, maintenance and servicing. Comprehensive insurance is required on all motorbikes purchased with finance. We may be able to assist with insurance as well as the loan – mention your interest to our consultants. We arrange Secured Bike Loans at a fixed and [cheap interest rate](/motorbike-loan-interest-rates) and over a fixed loan period. Together, these two fixed aspects result in a fixed monthly loan repayment. This provides confidence and assurance that the loan will not change in regard to rate or repayments over the finance term. Interest rates across the lending sectors have been at record lows since November 2020 but have started to edge up as a result of the RBA’s May rate rise decision. Additional rises are expected by the RBA, possibly in several months through the remainder of 2021. While we focus on always achieving the cheapest interest rates, our lenders will respond to RBA decisions. Purchasing a new bike with finance asap could avoid a higher rate loan. For new riders considering the Yamaha LAMS suited model should not the age restrictions on consumer goods finance. Applicants must be over 18 years to apply for finance under the Australian Consumer Laws, as applied by ASIC. Under 18s can consider a guarantor for their loan. This may be a parent or guardian or other suitable over-18 person. Details on what is involved in being a guarantor can be reviewed at [Moneysmart](https://moneysmart.gov.au/loans/going-guarantor-on-a-loan). **Pre-approved Motorcycle Loans** A pre-approved loan is a loan where the application goes through the approval process before the applicant has actually finally decided on the bike. This contrasts with committing to the motorcycle purchase and then applying for the finance. As the actual loan amount required may not be known at the pre-approval stage, the application can be processed based on an estimate. The pre-approval process allows buyers to get a definite answer on how much they would be approved to borrow, the repayments on that amount and as such proceed to consider models within their affordability range. The interest rate and all other loan features and conditions are the same regardless of when the loan application is made – pre or post purchase. To be ready to purchase a new Yamaha model, contact us for a quick motorbike loan quote. **For a motorcycle loan quote on a new Yamaha, contact Jade Bike Loans at 1300 000 003** *DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE 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.* **Categories:** Bike Loan Tips --- ### [Motorcycle Loans and the Latest RBA Rate Rise](https://www.jadebikeloans.com.au/blog/bike-loan-tips/motorcycle-loans-and-the-latest-rba-rate-rise) **Published:** June 13, 2022 **Author:** Publisher **Content:** As it alluded to in its May Monetary Policy Statement, the Board of the Reserve Bank of Australia (RBA) lifted interest rates again at its June meeting. The decision itself was not surprising but the actual basis points did leave some taken aback. The RBA lifting rates again in June will flow into the motorcycle loans sector and have buyers on a search to achieve the cheapest interest rate loan. Those already with motorbike loans may be concerned about how the June increase and any further rate hikes may change their loan repayments. The 0.5% amount did raise a lot of eyebrows as most analysts expected a 0.25-0.4% rise. Only a handful of times has the central bank raised the official cash rate by such an amount in several decades. The decision on rate hikes is of course to dampen inflation which hit 5.1% in the March quarter, over the previous 12 months. The June decision raises the cash rate to 0.85% and banks and lenders will follow with increases across the lending markets. The cash rate forms a foundation from which lenders set their rates. The major banks were quick to pass on the increase. We will also see this reflected in motorcycle loan interest rates. However, Jade Bike Loans will continue to source the cheapest possible [motorbike loan interest rates](/motorbike-loan-interest-rates) for our customers. We are accredited with multiple lenders, which allows our consultants quick, efficient and professional-level access to source the lenders offering the best rates at any one time. Prior to the May 2022 rate rise, the RBA had not lifted the cash rate for over 12 years. So this is new territory for many loan seekers. To ensure those seeking motorcycle finance understand the scenario we provide the key points around the latest RBA decision and ways that loan applicants may still achieve the lowest rates on the market to suit their requirements. **RBA June Board Statement** Decisions on the cash rate are made by the RBA Board at its monthly meetings. Following each meeting, the decision is announced via a formal statement. This sets out the decision, the reasons behind the decision and provides some insight into the RBA’s outlook and possible future intentions. Key take-outs from the [June statement](https://www.rba.gov.au/media-releases/2022/mr-22-14.html) include: - Australia’s inflation rate remains lower compared with many advanced economies. - Inflation rate is higher than the Board’s expectations made earlier. - Global issues including COVID-relate disruptions in supply chains and the war on Ukraine are contributing to rising inflation. - Issues in Australia including floods and the labour market are impacting price rises. - Inflation in what the RBA described as ‘near term’ is anticipated to be higher than expected in last month’s statement. Prices rises in petrol, gas and electricity are given as impacts. - Expectation is that inflation will now increase further prior to falling to the 2% to 3% vicinity in 2023. - The rise in the cash rate will assist in the return of the inflation rate to the rate targeted by the central bank, over time. - As global issues resolve and supply chains stabilise, inflation is expected to moderate. - Australian economy exhibiting resilience with 0.8% growth in March quarter and across the year, 3.3% - The labour market is very strong as is seen in the lowest rate of unemployment in the past 50 years at 3.9% - Wages growth expected to improve as a result of businesses in competition for labour in the tight market. - Uncertainty around the outlook in regard to the response of household spending to rising prices due to inflation. - Future actions by the RBA Board will be made while take a close look at the global scenario, consumer spending, energy pricing, commodities prices and additional data. This rise in the cash is a further step in the process of withdrawing the extraordinary support through monetary policy provided to the economy during the COVID-19 pandemic. It is expected that further steps in normalising monetary conditions will be made in future months. The size of any further rises will be based on data, inflation and the labour market and the outlook. The next meeting of the Board of the RBA in regard to interest rates is scheduled for Tuesday 5 July. **Motorcycle Loans Outcomes** For motorcycle loan holders that secured their loan with a fixed interest rate, there would not be any change in the rate on that loan and therefore no change in the monthly loan repayments. For those that have variable interest rate loan, the lender may increase the rate as a result of the RBA decision and this would flow through to an increase in monthly repayments. Jade Bike Loans secures our most popular loan – [Secured Motorcycle Loan](/secured-motorcycle-loans), at a fixed interest rate so the loan is not impacted by interest rate changes. Those seeking a new motorcycle loan, the rate rise will place greater importance on getting that cheapest rated loan. We can assist in that regard by handling the sourcing and negotiating the cheapest rate from across our vast lending panel. Loan applicants can also help themselves in achieving a better rate by maintaining a [good credit profile](https://moneysmart.gov.au/managing-debt/credit-scores-and-credit-reports). With costs of living pressures affecting many budgets, our consultants continue to work with customers on an individual basis to structure motorcycle loans to achieve repayments that are achievable and doable across the full term of the loan. **To discuss achieving a better interest rate motorcycle loan, contact Jade Bike Loans at 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Loan Tips --- ### [More rate rises ahead? Quick Tips for Keeping Motorcycle Loans Affordable](https://www.jadebikeloans.com.au/blog/bike-loan-tips/more-rate-rises-ahead-quick-tips-for-keeping-motorcycle-loans-affordable) **Published:** June 20, 2022 **Author:** Publisher **Content:** Interest rates had been in record historic low territory for about 20+ months due to the RBA’s stimulus response to the pandemic. This started in April 2020 when the central bank starting cutting the cash rate as part of the overall stimulus measures at a time when all feared the country could be facing dire economic conditions. This meant that interest rates including for motorcycle loans have been at the lowest ever for some time. But those exceptional and extraordinary times came to an end when the [RBA](https://www.rba.gov.au/) raised the cash rate at both its May and June meetings as it embarks on a procedure of normalising rates to address surging inflation. The RBA Governor Dr Philip Lowe has clearly indicated that further rate rises are ahead as the RBA seeks to stabilise inflation. Recent economic data will be putting pressure on the central bank to raise the cash rate further. Some analysts are predicting a 0.5% or even 0.75% rise as early as the bank’s 5 July board meeting. Rises which will flow through to all lending sectors including motorbike finance. For motorcycle buyers who had been planning to purchase a new bike with finance based on the rates of earlier in the year, decisions may need to be made. Do you proceed? Are cheaper motorcycle loans available? Where can the cheapest bike loans be found? With more interest rate rises ahead buyers can follow some basic guidelines to ensure they secure affordable motorcycle loans at the lowest possible rates. We share our expertise, hints and tips for securing that dream bike with a motorcycle loan that doesn’t break the budget. **The Basics, Non-negotiables** For starters, if you already have a motorcycle loan at a fixed interest rate then increases in the cash rate by the RBA and rate rises by lenders will not affect your loan. So that’s a key to our first basic tip – ensure you secure a fixed rate loan to avoid variations with further rate rises. - [Get a fixed rate loan](/motorbike-loan-interest-rates). Variable interest rate loans can increase in line with rate rises. That would increase the repayments. - Work towards achieving the cheapest interest rate by being smart with choice of lender. - Use all the resources and professional services available to assist in securing the cheapest loan. - Consider all elements of the loan and where and how they can be varied to achieve target repayments. - Keep your [credit rating](https://moneysmart.gov.au/managing-debt/credit-scores-and-credit-reports) in good order. We now elaborate on these points to explain and guide loan applicants towards a cheaper motorbike loan. **Choice of Lender and Loan – Be discerning and diligent** Don’t go crazy applying to multiple banks and lenders to see which offers the best loan. This may sound like the right and sensible way to go. But what many do not realise is that multiple loan applications for the same finance and purpose can have negative repercussions on the applicant’s credit profile. Don’t be impulsive. Signing up to finance offered by the motorcycle dealer may seem straight forward, quick and easy. But is it the cheapest possible offer you could achieve? Motorbike loans are available through a range of lenders including broker-style lenders such as Jade Bike Loans. Dealer finance may not be the cheapest compared with what we may be able to achieve for you. Our services cover off on multiple lenders on your behalf so you are assured that we have covered the market in delivering the cheapest loan offer possible. Refer to our [Interest Rate Comparison Chart](/motorbike-loan-interest-rates) to see how interest rates on bike loans can vary across the lender market. Rates also vary in regard to fixed and variable. We secure our [Secured Motorcycle Loan](/secured-motorcycle-loans) at a fixed rate which means the rate, the repayments and other loan features remain unchanged despite any moves by lenders to increase rates. This the most popular type of loan for new and many second-hand bikes. Some lenders may call this a more general Secured Personal Loan to cover a range of goods including bikes, boats and caravans. We offer pre-approved motorcycle finance so buyers can tee-up their loan before the purchase. This allows buyers the benefit of being able to look at bikes in their loan repayment zone and not be caught out committing to a price tag that is beyond their budget. **Loan Term – Can it be varied?** Varying the loan term varies the loan repayment amount. The repayment can be the main target when seeking a motorcycle loan. This is what you’ll need to meet each month and as such it must sit well with your other expenses. Some lenders will have set guidelines in regard to the term of motorcycle loans they will approve. An advantage of having Jade source your loan is having your consultant negotiate with our lenders on approving the preferred loan term, wherever possible. Use our bike loan calculator to see how loan terms change repayments and start to work out how you would prefer your loan be structured. **Loan Amount – Cheaper model?** No brainer but the total amount of the loan requested clearly affects the repayments. If a target repayment amount is required, perhaps consider a cheaper model. Using the resources of our loan calculator and requesting pre-approved finance can greatly assist in matching the bike to the loan repayments. **Yes or No to a Deposit?** No deposit finance is available through us and other lenders. This means the complete purchase price and even some extras is included in the bike loan. This can be a great way to go when interest rates were at historic lows. But as rates are on the rise, opting for no deposit may not achieve an affordable outcome. Making a down payment to the dealer, if possible, can reduce the overall loan amount and thus reduce loan repayments. Got a tax return due this year? Could be the perfect bike deposit to achieve an affordable loan. **Credit Rating – Do a credit selfie to check your profile** Forget selfies at special locations and do yourself a favour with a credit selfie. Check your credit profile and take steps to improve the rating wherever possible. The credit profile is a key determinant of the interest rate and loan conditions that lenders will offer. Tips and hints can be found at [Moneysmart](https://moneysmart.gov.au/managing-debt/credit-scores-and-credit-reports) but essentially – make all bill payments on time and reduce other debts including credit card balances prior to applying for a new loan. Inflation is continuing to rise putting pressure on costs of living and the RBA to raise rates further. Taking sensible steps and practical actions can be extremely beneficial in securing an affordable motorcycle loan to address these issues. **For an affordable motorcycle loan, contact Jade Bike Loans at 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Loan Tips --- ### [Cheaper Motorcycle Loans on EOFY Deals Represents Great Buying](https://www.jadebikeloans.com.au/blog/bike-loan-tips/cheaper-motorcycle-loans-on-eofy-deals-represents-great-buying) **Published:** June 27, 2022 **Author:** Publisher **Content:** EOFY usually means great discounts and price reductions across a wide range of goods. However, the situation which has continued over the ‘pandemic’ years in conjunction with production delays due to the semi-conductor shortages globally, has put a bit of a dampener on EOFY deals this year. But a number of motorbike brands are offering great savings some with EOFY deadlines that can be purchased with cheaper motorcycle loans to add up to great buying. Any savings found on a great EOFY price on your dream bike may be erased or diluted f you pay too much for your motorcycle loan. So the advice from ourselves as specialists in motorcycle finance is to consider any reduced priced motorbikes in conjunction with your bike loan. To ensure you don’t miss the 30 June deadline on some of these offers, contact us first so we can get your motorcycle loan application underway and timed to be approved and organised before settlement on your new machine is due. **Currently Advertised Motorcycle Deals** To get your deal hunt underway, we’ve canvassed some of the leading brands for what is being advertised as discounted pricing at the moment. Of course, contact your local dealership in regard to availability and specifics. - Aprilia is offering a national rideaway promo with reduced pricing on the Tuono 660 and 660L, RS 66 and 66L with savings of up to $3440 on offer. And the better news, the promo runs until 31 July this year, so more time to get into your local dealer for a test ride and buy. - BMW-Motorrad is also [offering savings](https://www.bmw-motorrad.com.au/en/offers/retail-offers.html) of around $5500 – over $7000 on some models. The discounted models include the R18 variants – standard, Custom, Deluxe, Classic Custom, B and Transcontinental. - If you opt for the FTR model from Indian Motorcycles you could be opting for free accessories to the value of $800. This offer may have a dual benefit. When including accessories and options on a new bike, our consultants can usually include those extra costs into the motorbike loan. By receiving the accessories for free, there is no need to include in the loan and as such the loan total can be reduced. - Kawasaki is offering [cash backs](https://www.kawasaki.com.au/en-au/purchase-tools/current-offers) on a number of models. Plate clearances and run outs are also available with a cash back. These have a timeframe with a 30 June 2022 deadline. So how does a cash back work? No, the buyer does not actually receive ‘cash in the hand’. The ‘cash back’ which is relevant to a particular model is redeemed as a reduction on the purchase price. Essentially a rebate which is only available through participating dealers. - KTM is running a number of promos on a number of models, while stocks last. Savings can be made on the price of selected off-road, street and adventure models. - Royal Enfield is running an [EOFY sale](https://royalenfield.com.au/product-news/eofy-sale-continental-gt-650/) on the Continental GT 650 and the Interceptor 650. The offer includes discounted prices on kits as well as promo pricing. Plenty to consider but not much time to do so. So be quick, check dealerships for stock by phone so as not to waste time and be prepared to possibly make the odd compromise to secure a reduced price motorcycle. **EOFY Motorcycle Loan** Loans don’t go ‘on sale’ as in EOFY or vary in their features and benefits. Our [Secured Motorcycle Loan](https://www.jadebikeloans.com.au/secured-motorcycle-loans.php) has a format which remains standard and unchanged regardless of the economic climate or other factors. The motorcycle is used as security against the loan and the loan is repaid in equal monthly instalments over the agreed fixed loan term. We arrange our bike loans at a [fixed interest rate](/motorbike-loan-interest-rates) so there are no surprises down the track when rates rise in general. And that is the one big factor which does impact bike loans – interest rates. The interest rate does vary with time and with RBA cash rate decisions as well as across the loan market. While RBA decisions can happen in any month or year as they are dependent on economic conditions, the current rate rising cycle is happening in sync with the end of the financial year. So 2022 EOFY is significant to all loans including motorcycle loans with the RBA set to raise the cash rate again at its 5 July Board meeting. This will have an effect on all lending markets and mean higher interest rates as we have seen with the May and June RBA rate hikes. Further rises may also occur later in the year. So getting in as quickly as possible both for the bike and the bike loan is strongly advised. To assist with your buying, use our interest rate comparison chart and our [Motorbike Loan Calculator](/finance-calculator). These tools can be used to estimate repayments on different motorbike pricing. Where the amount of the repayments is critical to the buy, these resources are must-haves in your buyer’s tool kit. As is our professional services to assist in securing the cheapest interest rate and a motorcycle loan that has been tailored to your requirements. So get moving as 30 June is very, very close. **For an EOFY motorcycle loan, contact Jade Bike Loans at 1300 000 003** *DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE 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.* **Categories:** Bike Loan Tips --- ### [Pre-approved Motorbike Loans for Buying at Auction](https://www.jadebikeloans.com.au/blog/bike-loan-tips/pre-approved-motorbike-loans-for-buying-at-auction) **Published:** July 4, 2022 **Author:** Publisher **Content:** Most buyers will purchase a new or second-hand motorbike from a dealer or through private sellers. But auctions can also present great opportunities to buy use, vintage and special collector-style machines. To be prepared to buy a motorcycle at an auction buyers can arrange pre-approved motorbike loans without compromising on cheap interest rates or loan conditions**.** A pre-approved loan allows the buyer to be in a position to bid with confidence and to settle on the fall of the hammer. So where can you find motorcycle auctions and how can potential buyers apply for a pre-approved motorbike loan? For enthusiasts looking for special and rare bikes we provide information on how to source upcoming auctions. For prospective bidders we provide details on how to apply for a pre-approved motorcycle loan and achieve a better interest rate. **Motorcycle Auctions** Motorcycles can be found for sale through both dedicated auction events and in auctions for motor vehicles and motorbikes. A recent auction was for the contents of the [Binalong Motor Museum](https://online.doningtonauctions.com.au/m/view-auctions/catalog/id/36) which was run on 3 July due to the closure of the museum. While the auction is now concluded some of the rare motorbikes which were on sale included an extremely rate Harley-Davidson 1972 model XR 750, a 2004 Agusta F4 750S and a Ducati Desmosedici 2008 model. Well-known auction house, Pickles Auctions is running a [National Motorcycle Auction](https://www.pickles.com.au/campaigns/motorcycles) this week – so you’ll need to be quick to get your finance and start bidding. To find upcoming auctions, [Auction Finder](https://www.auctionfinder.com.au/article/category/bikes-motorbikes/) is a general resource. Auctions these days usually have in-person, telephone and online bidding so buyers from all areas can participate. **Buying at Auction** In line with what is happening in many sectors, most auction houses now operate online and some will livestream the event. If planning to attend in person for an on-site auction or to bid online, here are a few points to consider:- - Whether it is an on-site or a combo of on-site and online, auction houses will display the lots online or in the catalogue prior to the date. - Buyers can review and earmark the bikes that they are interested in. - Especially with vintage and collectible machines, if you intend to ride the motorbike, check that it can be registered in your state or territory. - Prior to placing a bid, bidders will need to register with the auction house. - Review the terms and conditions for the individual auction house at their website. - Follow the instructions for placing online bids and especially note the deadline and closing times. - Many very keen bidders will wait until the last few minutes when there can be quite a flurry of action. So if you’re bidding online and especially keen to secure a particular lot – don’t get distracted or log off as you may miss out. - The auction house will charge a fee on top of the sale price. Ensure you have reviewed the fee structure and allowed for the relevant costs in your motorcycle loan. - Be aware of the conditions around payment on the fall of the hammer and be ready with your finance sorted. - Be across the conditions in regard to removing/collecting the goods from the auction house. If you are unable to physically collect the motorbike yourself, discuss the options with the auction house. They may have recommendations for a suitable transporter. This will also attract a fee. Speak with your Jade Bike Loans consultant about including that cost in your overall motorbike loan total. **Loans for Auction Buys** Goods purchased at auctions are predominantly used or second-hand. Though there are instances of brand new stock being offered at auction but it is far more common to find rare, vintage and classic motorcycle models coming up for auction. Loan options for motorcycles purchased at auction are our [Secured Motorbike Loan](/secured-motorcycle-loans) and [Unsecured Personal Loan](/unsecured-personal-loans). While the secured loan is the most widely used where the lender does not accept the bike as security against the loan, buyers can consider an unsecured personal loan. Once you have ear-marked the motorcycles you are interested in prior to the auction, you can discuss the loan choice and suitability of security with our consultants. **Arranging a Pre-approved Motorcycle Loan** Pre-approved finance is really a must-have for those planning to buy at auction. It provides that confidence of knowing your bidding limit and the assurance that you are in a position to settle if you are the successful bidder. Arranging a pre-approved loan follows the same steps and processes as applying for a loan after the goods have been effectively ‘purchased’ or at least committed to. The one key difference is around the exact loan amount. When a motorbike sale is committed to with say a dealer and then finance is sought, the invoice from the dealer will detail the specific amount of the purchase. In many cases, this sale price amount will determine the loan amount less any deposit that the buyer opts to pay. With a pre-approved loan and especially in an auction situation it is unlikely that the exact loan amount will be known. Buyers often would not know exactly the price they will be paying and hence the amount of the loan required. But most will have a budget or target figure in mind. For the purpose of arranging a pre-approved loan, an estimate of the loan total can be used. It can be advisable to over-estimate your loan estimate to allow for bidding over your expectations and to account for auction house fees and charges and any transport costs which may be incurred. Also keep in mind the timing in regard to interest rates. The RBA is moving on rates in upcoming months and that can result in motorbike finance lenders increasing their rates. If you are using our calculator to assess loan repayments at the current interest rate and the auction is some time away, be aware the rates may change over time. Auctions are a great place to secure rare and exciting motorcycles and Jade Bike Loans can assist buyers be prepared to purchase with pre-approved motorcycle finance. **To be prepared to buy at auction contact Jade Bike Loans on 1300 000 003 for a pre-approved motorcycle loan.** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Loan Tips --- ### [RBA July Rate Hike – will it affect your motorbike loan?](https://www.jadebikeloans.com.au/blog/bike-loan-tips/rba-july-rate-hike-will-it-affect-your-motorbike-loan) **Published:** July 11, 2022 **Author:** Publisher **Content:** As was predicted by banks and economists and strongly inferred would happen by the RBA Board earlier in the year, interest rates were hiked again at the RBA’s July meeting. The [RBA July rate hike](https://www.rba.gov.au/media-releases/2022/mr-22-20.html) is the third for this year and the outlook is it won’t be the last. The RBA July rate hike will impact interest rates on motorbike loans and put pressure on loan applicants to utilise finance brokers for the cheapest loan rates. The rate hike for July is another 0.5%, the same as June, which leaves the cash rate at 1.35%. The reasons the RBA is embarking on this rate hike cycle is to withdraw the extraordinary support through low interest rates provided due to COVID and address the surging rate of inflation. Inflation is being experienced by all Australians with increasing prices for many goods and services. Currently sitting at 5.1%, inflation is tipped to rise higher, possibly to 7% over the coming months. While the RBA has acted with rate hikes in May, June and now July, it will take a period of time before these moves see a drop in inflation. For those with savings bank accounts, rate hikes should represent a small win. But not all banks have been passing on the rises to savers. Jim Chalmers, the new Federal Treasurer, has come out and stated he would like to see Australian’s banks pass this increase onto savers to ease rising price pressures. We provide an overview of the RBA Board’s statement announcing the 5 July rate decision and the affect it may have on motorbike loans. **July 5 RBA Statement** The RBA Board’s July statement opens with a comment around the rate of inflation globally being high and driven by the disruptions being caused to the supply chains very much as a result of continuing COVID issues plus fall-out from the war in Ukraine as well as strong demand a reduction in capacity by businesses to meet that demand. The monetary policy decisions globally are responding to high inflation levels but as the Board notes, this will need time before any real effect is seen. While the rate of inflation in Australia is high, it is not at the same high levels being experienced in some regions. While global aspects are contributing to rising inflation in Australia, local issues are also contributing. A tight labour market combined with strong demand of particular note. Floods continue to impact inflation especially in regard to produce prices which are placing pressure on households. The Board sees the situation being assisted and a more sustainable and improved balance between demand and supply by the rate rises. The outlook in the medium term is that higher inflation is set-in but a clearer picture will be seen when the June figures for the CPI are released in August. The resilience in the Australian economy and low unemployment rates were repeated in the July statement. Unemployment is currently steady at 3.9%. Consumer behaviour in regard to spending with pressures caused by soaring prices and higher interest rates remain of concern to the central bank. These aspects will be watched closely as will the outlook on a global basis. While the July 5 rate hike is significant, it is still seen by the RBA as another stage in the process of normalising rates with the withdrawal of pandemic support. Additional rate hikes have been flagged by the RBA. The Board’s next meeting is 2 August. **Outlook for Interest Rates** So what can be expected in rate hikes in coming months? While the RBA Governor has intimated that similar hikes may be in store, some analysts say the rise could be in the vicinity of 0.75% while others are expecting it could be as low as 0.25%. Much will depend on the inflation figures to be released in coming weeks. While these rate hikes are significant and when combined with the pressure on budgets from soaring prices is significant, the overall interest rate situation needs to be place in the right context. Yes rates are on the way up and so is inflation. But these rate hikes come on the back of 20+ months of record low rates. This cycle of increases is normalising interest rates. **Effect on Motorbike Loans** Lending interest rates will follow the RBA rate hikes. How much individual lenders will lift their rates will be based on their own circumstance and corporate guidelines. But in general, rates on consumer finance including for motorbike loans can be expected to continue to rise. Existing fixed interest rate motorbike loans will not be impacted by the rate rises. A fixed rate consumer loan for these types of goods remain unchanged. We source our [Secured Motorcycle Loan](/secured-motorcycle-loans) at a fixed interest rate. As [motorbike loan interest rates](/motorbike-loan-interest-rates) vary across the lending market, those seeking new loans can benefit from our services. We have the capability to quickly and easily access multiple lenders to secure the cheapest rate applicable to individual loan applicants at any particular point in time. For those intending to purchase a new motorbike with finance in the coming period, the RBA’s message that more rises are ahead should be heeded. Secure your loan and your motorbike as quickly as possible to beat the next rate rise. **To secure a motorbike loan before the next rate rise contact Jade Bike Loans at 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Loan Tips --- ### [How to get a motorbike loan when you’re a young rider](https://www.jadebikeloans.com.au/blog/bike-loan-tips/how-to-get-a-motorbike-loan-when-youre-a-young-rider) **Published:** July 18, 2022 **Author:** Publisher **Content:** Young riders that are keen to get their bike licence and purchase their first motorbike face somewhat of a dilemma. The eligible age to get a motorbike licence does not correspond to the age that individuals can be eligible for finance such as a motorbike loan. The eligible age for a licence may vary from state to state. Those keen to apply can check their local regulations. But the eligible age for loans is determined at a Federal, national level and is 18. Those over 18 but still relatively young and yet to establish a strong credit record may also face issues when applying for finance. The Australian Securities and Investment Commission, [ASIC](https://asic.gov.au/), is the body which governs consumer finance across Australia. All lenders, including Jade Bike Loans and any motorbike dealers that offer finance, must abide by ASIC regulations. Under ASIC Consumer Finance regulations, applicants for consumer finance, such as motorbike loans, must be over the age of 18. To clarify one key issue, this doesn’t mean that under 18s cannot own a motorcycle and register the bike in their name, subject of course to state regulations re rego. It means they are not eligible to be approved for a loan to purchase a motorcycle. For young riders, there are options they can consider to secure their own motorcycle. **Secured Motorbike Loan Conditions** - Don’t need a motorbike licence to be eligible to apply for a motorbike loan. - Applicants need to be over the age of 18. - The credit profile of the applicant is considered. - Employment both current and history are taken into account. - Financial status is considered and the ability to repay the loan is assessed. - Where a lender does not consider the applicant has the ability to repay the loan or is not deemed creditworthy, the application may be rejected. - Under ASIC regulations, lenders cannot offer consumer loans which are not suitable for the applicant. - Individual applicants need to meet the criteria of the lender. - Application criteria can vary across the lending market. **Young Rider Options** Under 18s can of course look at saving up and paying cash for their first motorcycle or do what many young people do, ask their parents to buy them one. Individuals over the age of 18 are eligible to apply for a motorbike loan. But not all banks and lenders will be open to approving loans to individuals in the ‘over 18 but young’ age range. It’s difficult to place an actual age range on this aspect because the application will be subject to an assessment of the individual’s credit profile and their current financial position. Those that have been fully-employed for several years since leaving school may be in an ideal position to be made an attractive and cheap motorbike loan offer. While others may not be in such a position. Lenders may put conditions on loans for young people which can include limiting the amount of the loan and requesting additional security or requesting a guarantor for the loan. Younger riders that are looking to purchase a motorcycle with finance can consider the option of a guarantor for their finance on a [Secured Motorbike Loan](/secured-motorcycle-loans). A guarantor on a loan must be over the age of 18 and approved by the lender. It is quite a responsibility and one which should be well investigated by the person being asked. **The Guarantor Process** A guarantor for a loan is a person who is guaranteeing that loan. The loan is taken out by the borrower and the guarantor guarantees the loan. In simple terms, that means, the guarantor is responsible for repaying the loan in the event that the borrower is unable to meet their obligations. Depending on at what stage the borrower defaults or is unable to meet the repayments, this could mean the guarantor has to pay the entire amount of the loan to the lender. Guarantors should fully understand all the details in the contract and be fully aware of the risks. Individuals that have been asked to go guarantor may seek advice from a financial consultant or a counsellor. Free services are available for this advice. Refer to [Moneysmart](https://moneysmart.gov.au/loans/going-guarantor-on-a-loan) for details. The considerations involved with going guarantor include:- - The loan guarantee may impact the ability to source your own loans as the loan may be considered as a liability on the personal balance sheet. This information must be revealed when applying for a loan. - Having sufficient funds available to repay the loan if required. If not, property and assets may be compromised and your credit profile. The lender may request security from the guarantor against the loan. - Damage to relationships when the borrower is not in a position to make their repayments. Even family and the closest friends can fall out over finance. An alternative to actually going guarantor for a family member or friend may be to offer a financial contribution to the purchase of the motorbike. This may reduce the amount that they require for the loan and negate the need for a guarantor. **Assistance from a Finance Broker** Young people are most welcome to use our [finance broker services](/why-jade-bike-loans) to assist in sourcing a workable motorcycle loan. Our consultants will cover off on the options available to suit individuals and proceed to source quotes and handle the entire loan process. Young riders may face hurdles when applying for a motorcycle loan, but with our professional assistance, a workable outcome may be very possible. **To discuss the options for motorbike loans for younger applicants contact Jade Bike Loans at 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Loan Tips --- ### [Considering buying a Harley? Check out Harley-Davidson Free Rider](https://www.jadebikeloans.com.au/blog/bike-loan-tips/considering-buying-a-harley-check-out-harley-davidson-free-rider) **Published:** July 25, 2022 **Author:** Publisher **Content:** For anyone planning a [Harley-Davidson](https://www.harley-davidson.com/au/en/index.html) purchase, the Harley-Davidson Free Rider Series is a much-watch. Recently launched by the iconic motorcycle manufacturer, this series of weekly videos showcases all you need to know about the latest H-D releases. The series runs from July through September this year. The Harley-Davidson Free Rider is a weekly series of videos hosted by David Genat and is available for at the [site](https://biketorques.com.au/free-rider/) and the company’s You Tube channel. According to the blurb, the series addresses buyer questions such as what your machine will look like on arrival. What it’s like to unbox a new Harley. Seeing models reach ‘stratospheric speeds’ on the track and wondering if your own will perform like that. The series includes interviews with celebrity riders and plenty of behind-the-scenes action around the host’s customising of his own Road Glide. The company is even offering prizes for followers of the series. The company describes the series as everything that they love about their free riding lifestyle. We give you the low down on the series plus the low down on how we can assist with motorcycle loans for new Harley models. **Free Rider Series** The host of this exciting new series is David Genat. For those in the unknown, he is an actor, television personality and described by the company as a ‘lovable motorcycle larrikin’. And is obsessed with Harleys. You may recall him from the Australian Survivor show. David has travelled across the USA, Europe and Australia on motorbikes and has experienced may makes and models as owner and rider. His creds have landed him the coveted role as the ambassador in Australian New Zealand for Harley-Davidson. While not wanting to give away spoilers, we can give teasers into the first few episodes which have been released. Ep 1 covers Dave unboxing his new Road Glide Special. This episode provides potential buyers with an idea of what they may expect when their new model arrives. Dave explains the steps required to get a new model ready for the road. We see his own custom work on his new model. The second episode is title Epic Torque and showcases the Sportster S. According to the blurb, riding this model has the feeling of being seated on a rocket. The model has the latest tech and according to Dave, the ergonomics really do work. In Episode 3 Dave has his first celebrity guest, another reality TV star, Locklan Gilbert. The two jump on a pair of Pan Americas and showcase the best this model has to offer on winding roads. The next episode will be released soon, so check it out and start thinking about which model is the one you plan to buy. **Securing Your New Harley** Checking out the various models available to find the one that best suits your individual riding capabilities and adventure plans is critical to the purchase. But many buyers will also be wanting to know about their finance options. Most buyers will require a motorcycle loan and knowing what’s available and how to secure the cheapest finance offer ahead of time can be a distinct advantage. For starters you do need to be over the age of 18 to apply for consumer finance in Australia. This lending sector is regulated by ASIC and the minimum age is a key criteria for applicants and applies across the lending sector. The most widely used type of finance for new motorcycles is the [Secured Motorcycle Loan](/secured-motorcycle-loans). This follows a standard format regardless of the bank or finance company. The bike is the security for the finance and for many applicants, no other security or guarantee will be required. While the format for this type of loan is fairly universal, the interest rates applicable and the loan conditions vary across the lenders offering motorbike finance. We’ve prepared a [comparison chart](/motorbike-loan-interest-rates) which shows what is currently on offer from a selection of banks and lenders. The interest rate is clearly key to achieving the cheapest loan. By entering the amount you would like for your loan, you can see rough repayment estimates. This provides a clear picture of how much any slightly higher rate can impact repayments. Another point to note is fixed versus variable interest rates. We arrange our Secured Motorbike Loans with a fixed interest rate. This means that interest rate will not change over the full loan term. We also provide fixed loan terms. Together, the fixed rate and fixed term allow a fixed monthly repayment. So once you’ve locked-in your loan, you can ride off on your new Harley, confident in the knowledge that your loan won’t change over those years. **Motorcycle Loan Interest Rates** As we said above, rates do vary as banks and other lenders have different guidelines around the rates they will put on their different types of loans. These rates in general have the cash rate as set by the RBA at their core. But from that core point, the lender arrives at their lending rates. The best rates advertised by lenders will apply to good credit score applicants. Currently interest rates in general are on the way up. The RBA is addressing the surging inflation rate in Australia by lifting interest rates to curb spending. We’ve seen three months of consecutive monthly rate rises and based on the latest employment data the next, August, rate decision could be significant. Decisions by the RBA flow through to the lending markets. Using our broker-style services can assist loan applicants to source the cheapest interest rate motorbike loans quickly and easily. We do the hard work while you decide on your Harley possibly by watching upcoming episodes of Free Rider. If the Harley-Davidson Free Rider series motivates you to purchase a new motorbike, cheap motorcycle loans can be sourced through Jade Bike Loans. **To discuss the options for motorbike loans for a new Harley contact Jade Bike Loans at 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Loan Tips --- ### [Effect of Soaring Inflation on Motorcycle Loan Interest Rates](https://www.jadebikeloans.com.au/blog/bike-loan-tips/effect-of-soaring-inflation-on-motorcycle-loan-interest-rates) **Published:** August 4, 2022 **Author:** Publisher **Content:** You may have heard or read the headline that Treasurer Jim Chalmers has forecast that inflation could reach as high as 7.75% by the end of the year. If you don’t usually pay much attention to economic data and statements, this might have passed you by unnoticed. But no doubt the rising prices on man goods and services have not gone unnoticed. **If you’re planning to purchase a new motorbike with finance, then it may be worth noting the effect of inflation on motorcycle loan interest rates**. Economic data, especially the rate of inflation and unemployment figures, are the key indicators that the [Reserve Bank of Australia (RBA)](https://www.rba.gov.au/) Board considers when making decisions on interest rates. So the recent results for the June quarter released by the Australian Bureau of Statistics (ABS) are of particular significance to the lending sector. To assist those planning to apply for motorbike loans, we update on the latest inflation rates and forecasts and how these economic indicators impact motorcycle loan rates. [**ABS June Quarter Statement**](https://www.abs.gov.au/media-centre/media-releases/cpi-rose-18-june-2022-quarter) The ABS released the June quarter inflation data last week and revealed that Australia’s Consumer Price Index rate of inflation had hit 6.1%. The increase for the quarter of 1.8% was slightly lower than the 2.1% recorded in the quarter to end of March 2022. But is still the second biggest increase for a quarter for more than 20 years. And inflation is expected to increase further, as forecast by Treasurer Chalmers during the latter part of 2022. Soaring inflation is being experienced on a global basis and is being attributed to a number of issues around the pandemic, supply and the effect of the war in Ukraine on global fuel prices. The major points in the 27 July statement from the ABS include:- - Currently 6.1% inflation. Rate at 4.9% with the exclusion of significant price rises and falls, which is normal calculation process. - These figures represent the highest inflation figures dating back to 2003 when the Bureau started publishing this data. - Fuel price rises and increased housing construction costs are two of the main drivers. - Goods price rises accounted for 79% of the increase due to increased costs for freight as well as restricted supply not meeting the high demand for goods. - Price of fuel rose for the eight consecutive quarter with the pressure on prices flowing through consumer markets. - Demand being driven by easing of pandemic restrictions both locally and globally. Oil pricing seriously impacted by war on Ukraine. - Non-food as well as food items recorded increased prices over the quarter. This is seen as a result of supply chain disruptions as well as increases in transport costs. - Shortages in the labour market and the impact of floods contributing to increased price of food locally. - Less price rises were recorded for services compared with goods. **Pressure on RBA** As mentioned above, the RBA considers inflation data when the Board makes decisions to increase or decrease the official cash rate. Inflation rates started soaring in late 2021 when COVID restrictions started to be lifted. But the RBA said it was remaining patient and left the cash rate steady at the historic 0.1% through to May 2022. Since May 2022, the RBA has lifted the cash rate on three occasions by a total of 1.25%. In the July statement, the RBA Governor indicated further rises would be in order. But that the amount would be guided by the data. These latest inflation figures are seen as adding further pressure on the RBA Board to make a further, possibly substantial, increase at their 2 August meeting. Following the release of the employment figures earlier in July which has unemployment at 40 year record lows, some economists were forecasting a 1% rate rise in August. But following the release of these latest inflation figures, the general predictions appear to expect a rise in the 0.5% range. This alone would mean the cash rate would be 1.85%, the highest it has been since 2016. **Effect on Motorcycle Loan Rates** The cash rate set by the RBA is not the interest rate applicable to motorcycle loans. But it does effect bike loan interest rates. Lenders use the cash rate essentially as a starting point from which to set their own rates. As the RBA raises the cash rate, as we’ve seen in recent months, lenders respond with increases in their own rates across the lending markets. So inflation soaring is certain to lead to further rate raises by the RBA and further increases in motorcycle loan interest rates. While the RBA will be under pressure, so will those seeking motorcycle loans. Pressure to achieve the cheapest interest rate loan on the market. Rates do vary across the bike loan market, as can be seen in our [lender comparison chart](/motorbike-loan-interest-rates). So when the RBA next acts on rates, it could be expected that we will see our lenders increase their rates. By working with us to source motorcycle finance, our customers enjoy being able to access the cheapest rates available at that particular time, from across a vast choice of lenders. Achieving the cheapest interest rate is extremely important for achieving the cheapest monthly repayments. Using our [Motorcycle Loan Calculator](/finance-calculator), buyers can easily see how even a slightly higher rate results in a higher monthly repayment. The forecast is for further rises in inflation and rates. Securing a fixed interest rate motorcycle loan at the cheapest rate on offer can ensure the loan will be protected against increases over the term of the loan. **To discuss your motorcycle loan options contact Jade Bike Loans at 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Loan Tips --- ### [How to reduce motorcycle loans with inflation, prices and rates rising](https://www.jadebikeloans.com.au/blog/bike-loan-tips/how-to-reduce-motorcycle-loans-with-inflation-prices-and-rates-rising) **Published:** September 26, 2022 **Author:** Publisher **Content:** We’re seeing it everywhere – prices and costs of just about everything have been on the rise. The reasons attributed to the current soaring inflation situation as noted by the [RBA](http://www.rba.gov.au) are both global and domestic. To rein-in inflation, the RBA has increased interest rates and that, in turn has flowed through to motorcycle loans. In regard to many manufactured goods such as vehicles and some motorcycle brands, prices of new models are arriving at much higher prices than previous models. This is an outcome of a range of issues, particularly rising costs of components and possibly the semi-conductor shortage. For those looking to purchase a new motorcycle with finance, it can be a balancing act to find the ideal loan solution which works with the individual’s budget as they deal with other cost of living increases. A solution which can offset or at least account for that possible extra amount in the purchase price. **Jade Bike Loans can assist buyers with cheaper motorcycle loans and ways to reduce their finance costs in light of rising inflation and general price increases.** Landing that dream loan to buy that dream machine may be more achievable through consideration of choice of lender, loan structure and other aspects of the process. We outline some of the considerations that buyers can address to achieve a cheaper motorcycle loan and overall, reduce the cost of buying a new motorcycle. **Outlook, Objectives and Overview** Initial steps can entail establishing a clear idea of expectations of what is hoped to be achieved. Reviewing current expenditure and income and setting a realistic amount for what can be managed on repayments on a motorcycle loan. With a target repayment amount established, it can be more time-effective to look for a bike in the price range that will deliver that monthly loan repayment amount. Sounds complicated but our [Motorcycle Finance Calculator](/finance-calculator) makes that a very simple process. Just enter the RRP for any number of bikes and see what the estimated repayments are calculated for that price. The results attained from using a calculator are only estimates but can provide a guide to what may be expected in a best case scenario. Individual loan offers made may vary from the repayment estimate displayed. But as a rough indication, this can be a very handy resource. Establish personal objectives in regard to savings and affordability. The overall cost of the motorcycle is the purchase price plus the loan costs and total interest payable. The primary objective may be the lower repayment amount or it may be a lower overall cost. The ways these objectives are achieved relate to the interest rate and how the loan is structured as well as the amount borrowed. **Detailed Considerations** In simple basic motorcycle loans 101, the amount borrowed will affect the repayments and the total interest payable over the loan term. So both these aspects can be reduced by lowering the total amount requested for the loan. This may be achieved by paying a deposit rather than requesting no deposit motorcycle finance, which we do offer, subject to lender approval. When interest rates were held at the historic lows, borrowing the full purchase price of the bike plus any accessories etc was an attractive option for many buyers. But as interest rates are now being normalised by the RBA and higher rates are applicable, the choice of deposit or no deposit can require greater consideration. Don’t forget to check out any special offers available through manufacturers which may reduce the amount required in the loan. The term of the loan also comes into play when a savings is being sought. A longer term will provide lower repayments but a larger total interest compared with a shorter term. The interest rate is critical to both the repayment and the total interest. Securing the cheapest interest can come down to the lender. As you can see from our current [best interest rates](/motorbike-loan-interest-rates) we can achieve must cheaper rates when compared with some banks and other lenders. The best interest rates that you will see displayed by lenders apply to good credit rated applicants. So addressing any issues with the [credit profile](http://www.moneysmart.gov.au) prior to applying for a new loan may result in a lower rate offer. **How We Can Assist** Lender choice can have a bearing on many of the aspects mentioned above. By opting to use our broker-style service we can assist by: - Providing more choices and immediate coverage of a vast number of lenders to source the cheapest rate and best offer. - Negotiating to achieve the preferred loan term, interest rate and other loan conditions. - Save the time and hassle involved in sourcing motorcycle finance. - Handle the dreaded paperwork! With inflation expected to rise further before the end of 2022, buyers looking to save on motorcycle purchases and finance have options to consider. **For assistance on realising savings on motorbike loans, contact Jade Bike Loans at 1300 000 003 for cheap motorcycle finance.** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Loan Tips --- ### [Effect of RBA Rate Rise on Motorcycle Loans](https://www.jadebikeloans.com.au/blog/bike-loan-tips/effect-of-rba-rate-rise-on-motorcycle-loans) **Published:** October 2, 2022 **Author:** Publisher **Content:** Over the past few weeks we’ve posted a number of articles with the release key economic data by the [ABS](http://www.abs.gov.au). Specifically employment and inflation data and the significance of these figures on the RBA decisions around interest rates and the flow on effect of these factors for motorcycle loans. Now we post on the latest event in regard to rates and the economy – the August meeting of the Reserve Bank of Australia Board and the resulting rate decision. A further cash rate rise by the RBA in August was widely tipped and expected and on cue, the RBA delivered. A 0.5% increase in the cash rate was announced by the RBA on 2 August, which will result in further rises in lending rates across the markets. **With four consecutive months of RBA rate rises buyers seeking motorcycle loans can refer to specialist lender Jade Bike Loans for cheaper interest rate loans**. Our services are focused on achieving cheaper motorcycle loan interest rates for our customers. To assist buyers get their head around the latest RBA decision and the ensuing effect on loans, we report on the RBA’s statement and outline the impact on existing loans and new loan applications. [**Statement by RBA Governor**](https://www.rba.gov.au/media-releases/2022/mr-22-21.html) At its monthly meeting in August 2022, the RBA Board made the decision to lift the official cash rate by a further 0.5%. This represented the fourth consecutive increase and lifted the rate to 1.85%. 1.75% of increases in just the past four months. In announcing the decision, the Board confirmed its priority in regard to monetary policy of returning the inflation rate to its preferred target which is 2-3%. While working towards this target, the Board is working to maintain balance and an even keel in the Australian economy. Noting the slender path towards achieving such objectives. The statement includes mention of the downgrading of growth outlooks globally due to soaring inflation, rising rates in most countries, the Ukraine war and the measures taken by China to contain the latest COVID outbreak. At 6.1% inflation in Australia is at its highest level since the start of the 1990s. Pressure on rising prices is coming from the strong levels of demand coupled with the low unemployment rates and other factors which are restricting businesses from operating at full capacity and as such restricting supply. While global events are impacting Australia’s economic conditions, the floods of earlier in the year are also seen as a major impact on rising food prices. The outlook by the RBA in regard to inflation is to reach a peak 7.75% around the end of 2022 followed by falls to 4% next year before the target 3% is achieved in 2024. Economic growth is expected to record a reduced pace but with strong overall growth. GDP for 2022 is forecast at 3.25% and for 2023 and the 2024 at 1.75%. Unemployment is expected to fall further in the months ahead. One of the key uncertainties as noted by the RBA is in regard to spending by households. Soaring inflation and prices is putting pressure on the costs of living budgets and there has been a fall in consumer confidence. But on the positive side, the low unemployment indicates that jobs and extra work are being acquired. Thus strengthening the income side. The RBA says that the rate rise is part of its ongoing normalisation process and additional steps will likely be required. Exactly when further rate rises will be announced and the size of those rise, will be based on data around economic conditions. **Motorcycle Loans Impacts** For buyers that secured their motorbike and their loan previously and with a fixed interest rate, you should not be impacted by the recent RBA rate rise. Rises in the cash rate have the effect of causing lenders to increase the rates they apply in their different loan markets. The size of rises can vary across the selection of lenders and across markets. You can see this clearly in comparing [interest rates](/motorbike-loan-interest-rates) that we are currently achieving. With rates rising, buyers requiring finance will be wise to seek the cheapest interest rate loan and a fixed interest rate loan. Jade Bike Loans has fixed interest rates on our [Secured Motorbike Loans](/secured-motorcycle-loans). This ensures our customers that their rate, their repayments and their loan in general remains unchanged when the RBA and lenders increase interest rates. As Governor Lowe indicated in the August RBA Statement, further rises are highly likely in coming months. How much any future rises will be, will be determined by the economic conditions as they play out. Some economists have forecast that the cash rate will hit 2.6% by the end of the year. That would up on the current 1.85%. That gives you some idea of what may lay ahead. Further outlook forecast reports do have rates being cut during next year due to the predicted slowdown in economic growth. Outlooks, forecasts and predictions are made regularly by economists and analysts and time and the economy will determine their accuracy. Buyers seeking a quick, efficient and time-saving way to source the cheapest motorcycle loans can simply contact Jade Bike Loans. Our accreditations with many lenders provide us with immediate access to industry knowledge as to which lender is currently offering the best rate to suit a particular loan application. Requesting a quick quote is obligation-free and can be made via phone or online. **To source cheaper motorcycle loans contact Jade Bike Loans at 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Loan Tips --- ### [Time to prepare for Australian Moto GP](https://www.jadebikeloans.com.au/blog/bike-loan-tips/time-to-prepare-for-australian-moto-gp) **Published:** October 3, 2022 **Author:** Publisher **Content:** The Australian Moto GP is Australia’s premier motorcycle racing event and a must-attend for enthusiasts. The event is held at the iconic Phillip Island circuit, a circuit which holds many amazing memories for many. The 2022 event will see a return of world championship racing following the COVID cancellations and is sure to be even more popular than ever. **The Australian Moto GP will be held 14-16 October so now is the time to buy tickets and a new a new motorcycle with finance to arrive at the circuit in style.** Securing a cheap motorcycle loan through Jade Bike Loans may be just the ticket to facilitating the purchase of the perfect motorcycle to take on the journey to the Island and cater for all the gear required for the weekend. We update on the latest info on the GP and how to secure that all-important cheap interest rate loan to make the motorcycle purchase. **GP Preview – Tickets Now on Sale** Tickets are now on sale for the [Moto GP](https://www.motogp.com.au/) and after a two year lay-off, they are sure to be big demand. So get in fast to secure yours. Organisers are offering a range of options in regard to ticketing. Attendees can opt for general admission or upgrade and treat themselves to a number of hospitality options which are available. One options to consider is tickets to the Gardner Terrace. Organisers announced that additional hospitality tickets have been released to celebrate Jack Miller’s recent great performance. But these tickets have limited supply. So get in fast. The Terrace tickets offer amazing viewing of the track in the comfort of the VIP facilities. The event website includes details on accommodation options available as well as travel information. Camping on the Island for the weekend is a very popular option and allows attendees to catch-up with mates and fully immerse in the reverie. Possibly include a visit to the Penguin Parade while visiting Phillip Island and support the work of the Australian Penguin Foundation. Off the track, organisers have arranged plenty of activities to entertain and enthral attendees. The GP Expo includes a wide range of activities, merchandise is available for sale and then there’s the famed entertainment line-up. Australians will have a number of local riders to cheer on over the 3 day event with Aussie riders Jack Miller and Remy Gardner in the main event. On his [Ducati](https://www.ducati.com/au/en/home), Miller is having a good 2022 season and will no doubt be keen to perform well in front of the home crowd. Remy Gardner, son of Aussie hero Wayne Gardner, is making progress in his rookie premier class season. Could he replicate his Dad’s famous win at the track? According to a post on the event website, Remy has found stepping up from the lower class a challenge with an 11th his best result in this his first Moto GP season. In Moto 3, Australians will also be cheering for Joel Kelso on his KTM. A number of support class races will fill the schedule over the weekend. **Getting There – On Your New Motorcycle** Riding at Phillip Island is an aspiration few can achieve. But riding TO the Island to attend the Moto GP is within the grasp of many. Is your current motorbike suited to the ride? Will you really fit in when arriving on that machine? Want to commemorate the return of this iconic event with your own new motorcycle? Few enthusiasts will need much motivation or reasoning to upgrade to a new motorcycle. But in case you do, we will add to the list the prospect of a cheaper interest rate motorcycle loan to purchase that new machine. First, which bike to purchase? Buyers have a wide range of makes and models to consider. But possibly add the length of the journey and what you need to take when making the buying decision. As we mentioned, [camping on the Island](https://www.motogp.com.au/travel/accommodation) is extremely popular. But it does entail taking quite a lot of gear. To accommodate all the gear you’ll need may require a rethink of the new motorcycle you’ll need. Consider possibly a tourer with sizable saddle bags. Extras such as saddle bags may be included in your motorcycle loan when purchased at the same time as the ride. Setting yourself up for travel now, can put you in a great position for some great holiday adventures in the upcoming summer season. Regardless of the type or make of new motorbike being purchased, our [Secured Motorcycle Loan](/secured-motorcycle-loans) suits most buyers. The bike is used as security against the loan repayments, interest rate and loan term is fixed for the complete loan term. Interest rates have been on the rise for the past few months as the [RBA](http://www.rba.gov.au) has acted to address soaring inflation with significant increases to the cash rate. Lenders have followed with increases to many loan categories including for motorcycles. But despite the increases, we have maintained our policy of securing [better interest rates](/motorbike-loan-interest-rates) for our customers. So get yourself organised. Purchase your tickets, secure a camping site, call us for a quote and start deciding which will be your new ride to arrive at the Phillip Island Moto GP in October. **To source cheaper motorcycle loans contact Jade Bike Loans at 1300 000 003** *DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE 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.* **Categories:** Bike Loan Tips --- ### [Want a more custom style to your new Harley-Davidson? Check out the new paint options](https://www.jadebikeloans.com.au/blog/bike-loan-tips/want-a-more-custom-style-to-your-new-harley-davidson-check-out-the-new-paint-options) **Published:** October 3, 2022 **Author:** Publisher **Content:** In general terms, one discernible differentiating point between car owners and motorcycle owners is the desire by motorbike owners to add custom flair to their ride. This can vary across buyers of different makes of motorcycles and across the different types of bikes. But Harley-Davidson owners would possibly be some of those that like to personalise and customise their rides the most. Customising a new Harley-Davidson now has a new take with the iconic maker offering custom paint on a number of its selected touring models. This new style in paintwork and graphics, the Apex Custom Paint, is inspired by motorcycle racing as the company celebrates its deep heritage and legacy of winning. Success and winning is also our focus. Achieving the cheapest interest rates and most suitable motorcycle finance for our customers. We provide better rates on finance for all types of bikes and brands and customise the loans to suit the customer. **If buying a Harley-Davidson with the new custom paint any additional costs incurred may be included in the motorcycle finance through Jade Bike Loans.** Check out what’s on offer with this new look paint option from Harley-Davidson and how we can match customising your purchase with personal service in securing motorcycle finance. **New Harley-Davidson Custom Paint** Harley-Davidson has a rich heritage when it comes to motorcycle racing. This covers many areas including track, hill climbs, endures, road racing and others, dating back to the days of the operation. The new [Apex factory](https://www.harley-davidson.com/au/en/current/apex-factory-paint.html) custom paint takes inspiration from the racing motorbikes over that extended history. Celebrating with an option re graphics and paint on a select number of models from the Grand American Touring collection for 2022. The selected models which the custom paint is available for are:- - [Ultra Limited](https://www.harley-davidson.com/au/en/motorcycles/ultra-limited.html) - Road Glide Special - Street Glide Special - Road King Special All amazing motorcycles for buyers to consider. Having an indication of finance repayments on each price point may assist in making the final decision. Use our [Motorbike Loan Calculator](/finance-calculator) for this purpose. The new paint option is described by Harley-Davidson in three descriptors – motion, speed and colours. The graphics which are inspired by the Indy Mile race are likened to the blurring motion that a moving XR 750 makes under lights. The graphics are seen to ‘come to life’. The graphics feature sweeping lines on the fairing and on the tank. This is described as communicating speed. Even when the motorcycle is stationary. The colour combination is dramatic and impressive. The base is a very vivid black. This effectively provides a background to accent the orange. The shade of orange is Jet Fire which was the same used on racing models through Harley-Davidson history. This is all combined with a pattern described as ghosted bar and shield. This was the pattern used on factory team motorbikes competing in flat track and in drag racing. Check it out and speak with your local Harley-Davidson dealer about availability and costs so you have the full information on acquiring this exciting option. **Custom Finance for a new Harley-Davidson** Discerning buyers interested in the custom paint option from Harley-Davidson are likely to also expect a custom service when sourcing their motorcycle finance. Not something that is always if ever available when contacting banks and finance companies directly for motorcycle loans. Lenders, especially banks, have guidelines and internal policies in regard to interest rates and loan conditions and they are rarely negotiable on either when dealing directly with customers. To source the cheapest interest rates on the market which meet the application and requirements and achieve the loan conditions that work with the individual’s budget, buyers can engage the services of a broker-style lender such as Jade Bike Loans. We take a very individual approach to every motorcycle finance application. Our consultants listen to what our customers want and then work hard to search across our large lender panel for the best loan and negotiate on conditions and terms. As far as loan products, the [Secured Motorcycle Loan](/secured-motorcycle-loans) will suit most buyers and most new motorcycles. This is a secured format finance with the motorbike used as the security against the loan. We arrange this type of finance with a fixed interest rate and over a fixed finance period. This ensures the monthly finance repayment remains constant and unchanged to provide peace of mind, especially when interest rates increase. Talking of interest rates, the rates applicable to [motorbike loans](/motorbike-loan-interest-rates) will vary across the lender market. If comparing lender loans, also take note of whether or not the rate is a fixed or a variable rate. Variable interest rates can change – up or down, as a result of changes to the cash rate by the [RBA](http://www.rba.gov.au). Our personalised service is available to all buyers and for all types of motorcycles. So if your penchant is for a more individualised and customised motorcycle and finance service, contact us to discuss how we can assist you. **To source cheaper motorcycle loans on a Harley-Davidson contact Jade Bike Loans at 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Loan Tips --- ### [Estimate Motorcycle Finance Payments on new Husqvarna Heritage Prices](https://www.jadebikeloans.com.au/blog/bike-loan-tips/estimate-motorcycle-finance-payments-on-new-husqvarna-heritage-prices) **Published:** October 9, 2022 **Author:** Publisher **Content:** **A November arrival is expected for the 2023 Husqvarna Heritage collection and prospective buyers can estimate motorcycle finance payments to help with decisions.** The prices have been revealed which is a great starting point and with our Motorcycle Finance Calculator, buyers can easily see the difference in possibly loan repayments on the different models. The range is extensive and covers Motocross, Enduro and Cross Country models with features that pay due tribute to the history of racing that the brand has recorded over the past 60 years. The motocross models are engineered with the objective to outperform competitors and feature vintage styling livery with Swedish inspiration. The Enduro collection features premium componentry and the latest in electronic aids for riders. In the Cross Country Heritage collection the FX and TX models are all-new and technologically advanced. With arrival to be from November, it’s time to get serious about model selection and securing finance. [**Features of New Husqvarna Heritage Models**](https://www.husqvarna-motorcycles.com/en-au/models/heritage.html) The 20223 Heritage models include numerous new features. On the Motocross models, they include the bodywork, hydro-formed chromium-molybdenum frames. FC250 and FC350 DOHC engines, swingarms and revisions to the chassis amongst others. All adding to improved handling. On the Enduro models, riders will appreciate the class-leading suspension, stable and agile frame with carbon fibre composite subframe, reliable electric starter, 6-speed gearbox and additional rider aids. While the Cross Country models have a large capacity fuel tank, newly-designed side stands and specific suspension settings for cross-country performance. In addition to the new features which are included with the purchase, buyers may also consider the range of Husqvarna accessories for the ride. These include wheelsets, triple clamps, protective parts, and exhaust sprockets. Also check out the apparel – shirt and helmet, to complement the overall look. When considering these accessories, note the price. When purchased with the motorbike speak your Jade Bike Loans consultant about including the cost in the finance for the bike. **Calculating Estimated Repayments** Making the decision as to which particular Husqvarna to purchase will come down to preference, riding style and that all important issue for many – price. For those purchasing with finance, the decision may hinge on the motorbike loan repayments. Using our calculator may be just the resource required to make a decision across the vast selection of models in the Heritage collection. [Bikesales](https://www.bikesales.com.au/editorial/details/husqvarna-heritage-range-pricing-revealed-137621/) have revealed the ride away pricing on the full selection which makes it easy for potential buyers to make those all-important price-based decisions. The price list used in conjunction with our [Loan Calculator](/finance-calculator) can assist even further by converting prices into estimated loan repayments to help with finance-based decisions. Before getting started, be mindful when using a Loan Calculator that the [RBA](https://www.rba.gov.au/ "RBA") is set to announce further increases in the official cash rate. These increases could occur in coming months and typically, such decisions have impacts on lender interest rates across many sectors. So the rate we’re displaying today, may not definitely be the rate applicable if the loan is applied for down the track. But it is a great resource to achieve a ballpark and a guide for making buying decisions. Also remember that motorbike loan interest rates as advertised are for those loan applicants that have a good credit profile. Lenders assess each application for creditworthiness. If the credit score rates less than ‘good’ a higher rate may apply. The ride away pricing for the Husqvarna Heritage models range from $13,188 for the TC125, to $14,308 for the TC250, $15,149 for the FC350 and maxing out at $18,589 for the TE300i. That’s quite a range and the loan repayments will obviously vary the higher the bike price. Refer to the bikesales article link above for the full range and consider the possibilities that changes may occur. **Applying for Motorcycle Finance** With stock due in local dealerships from November, now may be the ideal timing to apply for a pre-approved [Secure Motorcycle Loan](/secured-motorcycle-loans). Having the results of the calculate for estimate repayments is great, but having a confirmed loan offer which has been sourced to suit your individual requirements is a whole lot better. Securing finance before purchase can be a great assistance in narrowing down the bike selection, approaching the purchase process with greater confidence and allowing for budgeting of other expenses to allow for the new acquisition. Applications for [motorcycle finance](/contact-us) can be made over the phone or contact us for a quote via email or the internet tab. **For quotes on finance for a Husqvarna Heritage model, contact Jade Bike Loans at 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.* **Categories:** Bike Loan Tips --- ### [RBA Raises Interest Rates Again](https://www.jadebikeloans.com.au/blog/bike-loan-tips/rba-raises-interest-rates-again) **Published:** October 13, 2022 **Author:** Publisher **Content:** As widely expected, the RBA Board once again lifted the official cash rate when it met on Tuesday 4 October. A decision which will have a flow-on effect to interest rates across many lending markets. But the increase was not as large as was anticipated. Many analysts and finance experts were expecting another 0.5% hike while the October rise was 0.25%. This lifts the cash rate to 2.6% which is a 9 year high. The lower rate rise comes amid many calling for the [RBA](http://www.rba.gov.au) to slow down on rate rises as budgets are stretched and there is a genuine prospect of a global recession as central banks across the world also lift rates. Many countries are experiencing inflation at much higher rates than the current rate in Australia. Jim Chalmers, Federal Treasurer, in a media appearance last week, said that level of possibility for a global recession had become probable rather than possible. **With 9 year high interest rates, those planning to apply for new motorcycle finance may look to Jade Bike Loans for better interest rates, cheaper bike loans** to achieve a more affordable solution. Buyers are urged to act promptly as the key message coming out of the RBA October statement is that rates will be increased again this year. Reviewing what RBA Governor Philip Lowe said in the statement can provide buyers with insights into the current interest rates environment and may assist with making purchase decisions. [**October Statement by RBA** ](https://www.rba.gov.au/media-releases/2022/mr-22-33.html) The October statement by the RBA Board announces the decision to increase the official cash rate to 2.6%, a 0.25% rise. In making this decision, the Board reiterated its commitment to the return of inflation to its target level, over time. The target is 2-3%. Governor Philip Lowe notes the substantial increase in the cash rate over a brief timeframe. An issue which the Board said it have reflected on when making the October decision. The statement says that additional increase would likely be required in coming periods. Points of note:- - Acknowledgement that Australia’s current rate of inflation is too high. - Global issues are to a large extent the cause of high inflation. But the imbalance between domestic supply and demand is a contributing factor. - Inflation is expected to rise further to 7.75% this year, prior to declining to around the 4% level in 2023 before finally achieving the 3% target around 2024. - Resolution of the supply issues globally are expected to ease next year and as resolved, inflation should moderate. The effect of rate rises should also be taking effect by then and contributing to a fall in inflation. - Economic growth in Australia is showing solid growth with record terms of trade levels providing a boost to the national income. - Tight labour market is continuing with 3.5% unemployment recorded in August. The large numbers of job ads indicates further drops in unemployment ahead prior to increases as economic growth slows. - Of particular interest to the Board is the how businesses set pricing and labour costs as stability in prices is necessary for strength in the economy. - Uncertainty remains in relation to the global economic situation as deterioration has been recorded recently. - Uncertainty also still exists in regard to spending by consumers domestically and how these levels respond to increased interest rates. - Once again, the narrow way forward to achieve target inflation while ensuring the economy remains stable was mentioned. Dr Lowe said the cash rate rise for October was required to reduce the rate of inflation and would assist with achieving a more sustainable balance between supply and demand. The Board expects that additional cash rate increases would be expected. **Motorcycle Finance Interest Rates and Loan Outcomes** Riders planning an upgrade of their current motorbike or new riders intending to purchase their first, would be smart to take note of Dr Lowe’s comment about further rises on the way. Once the RBA lifts the cash rate, the banks and finance companies follow with increases in their rates. By how much and when will be based on individual decisions by the lender. The big four major banks immediately passed on the rate rise to their variable rate customers in the day following the announcement. While these rates primarily impact home loan borrowers, rises in other markets can be expected. Sourcing the cheapest interest rate is key to achieving the cheapest loan. As interest rates vary across the motorbike lending market, using our services can assist buyers greatly in this respect. We are accredited with many banks and lenders. Providing our consultants with the resources to [source the cheapest rates](/motorbike-loan-interest-rates) from a vast section of the market, quickly and efficiently. Saving customers time and hassle. With further rises on the cards, the type of interest rate is also important to note. Variable rates are subject to change as the RBA raises rates and lenders follow. Whereas fixed interest rate motorcycle loans such as our [Secured Motorcycle Loan](/secured-motorcycle-loans) will have the rate remain the same over the full loan term To get moving on that motorbike purchase with finance prior to a possible November rate rise, give us a call today to lock in your loan. **For a quote or pre-approved motorbike loan contact Jade Bike Loans at 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Loan Tips --- ### [Scholarship for Tertiary Students: Applications Open](https://www.jadebikeloans.com.au/blog/bike-loan-tips/scholarship-for-tertiary-students-applications-open) **Published:** October 13, 2022 **Author:** Publisher **Content:** If you are or were at some stage studying at the tertiary level, then you will likely be well aware of the financial challenges faced by many students. The fine balancing act between the time required to attend to the course study requirements and finding time to generate an income to cover costs of living. **Jade Bike Loans and Jade Finance Australia are addressing the cost pressures faced by students with the 2022/23 $5000 scholarship for tertiary students**. The objective is to assist students with the costs of their studies through an award-based scholarship program. The scholarship is open to a vast range of students from a multitude of studies, faculties, courses and tertiary training institutions. The program is available to students at TAFE, tertiary colleges, university and at the many institutions that are recognised providers of higher education. The point of difference with this scholarship program is the written submission which the application requires. Applicants are required to prepare an original 800 word essay or paper around the general theme of lending in the finance sector. The lending market and specifically sourcing the [cheapest interest rates](/motorbike-loan-interest-rates) is our core focus. But applicants do not have to be studying economics, finance or accounting. We welcome papers, thoughts, ideas and submissions from students across the educational spectrum. While providing support for students, the scholarship aims to promote original and innovative thoughts and conversations around how the finance sector could be doing better. Searching for submissions that will impress the judging panel and reward the applicant with the up to $5000 award. If you’re a full or part time student or you have friends that are, then take a moment to consider taking advantage of this opportunity. **Scholarship Outline** As with all scholarships and awards, the Jade Finance Tertiary Studies Scholarship has criteria for entry. Follow this link for all the details and how to apply. The initial ‘need-to-knows’ are:- - Applications open to students studying both on a part-time and a full-time basis. - One year completed and enrolment is current. - Enrolment at any institution which is considered recognised, Australian as a provider of higher education. - Applicants can be enrolled in any field of study, not limited to finance studies. - A 800 word essay of original work by the applicant to be included in the application. - Deadline for applications is 18 July 2023 and the judging panel will have the winner ready for notification by the end of July 2023. **Ideas for the Written Component** The written element of the scholarship application allows extensive freedom on the part of the applicant to explore the full extent of their own ideas, approaches, theories and possibly opinions. The essay must have relevance to finance and lender but can tackle many issues and come from many angles. It may be the global approach. How world events impact interest rates and borrowing capacities in Australia and how the domestic market might limit such impacts. It may be the climate change angle. We see in the motorbike manufacturing industry as with other vehicles, a major priority in limiting carbon emissions with more efficient engines. Should more be done by lenders to support these efforts? Are there innovative strategies that lenders could adopt in this space? Then there’s the regulatory and legislative angle that possible law students may like to address. Is there too much regulation in Australia around lending? Should there be a more market-driven approach? Should [governments and regulators](http://www.asic.gov.au) actually step up to provide greater protections for consumers? Are there successful examples of approaches and operating models in overseas markets, with by lenders or others that Australian lenders should be adopting? With the recent swings and roundabouts of interest rates as a result of [RBA](http://www.rba.gov.au) decisions, should there be different policies or controls to assist businesses and individuals better make acquisition decisions? Technology and the digital space has facilitated major advancements in delivery of financial services. But as has been seen on many occasions, this has also facilitated cyberattacks, fraud and other crimes. The tech heads may come up with innovative approaches to this issue in their essay. Others may come at the essay from a more practical, methodical, systematic and operational perspective. How can the whole system, including loan applications, loan products and the way it all works be done in a better way? These represents just a handle of suggestions which applicants may utilise for inspiration. **Capture the Opportunity** Why not share the details of this scholarship with colleagues, associates, friends, siblings and fellow students so all can consider submitting an application. This scholarship is part of the community support provided by Jade Finance Australia and its business group including Jade Bike Loans. **Jade Bike Loans supports riders and students. For finance enquiries call 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Loan Tips --- ### [Interest Rates rises don’t necessarily have to thwart motorbike buying plans](https://www.jadebikeloans.com.au/blog/bike-loan-tips/interest-rates-rises-dont-necessarily-have-to-thwart-motorbike-buying-plans) **Published:** October 17, 2022 **Author:** Publisher **Content:** The latest figures for motorbike sales in Australia have been released and the disappointing downturn may be, at least in part, a result of rising interest rates. Well, that’s the viewpoint of one expert and one that sparked our interest. **Interest rate rises don’t have to be the end of motorbike purchase plans as Jade Bike Loans offers better interest rates and cheaper loans for new bikes**. We report on the latest motorcycle sales figures including commentary around the larger market picture and how buyers can still achieve affordable finance amid the current interest rate rises. **Latest Motorbike Sales Figures** The Federal Chamber of Automotive Industries (FCAI) released the motorbike and [OHV sales data](https://www.fcai.com.au/news/index/view/news/780) for the period January through September 2022 on 10th October. The figures are provided per category of vehicle but not broken down by makes and models. So not necessarily a resource for buyers to use as a guide to popular selling motorbikes. Also worth noting that several makers – CFMOTO, Royal Enfield and MV August, don’t reveal their figures so they are not included in the totals. The figures for the period compared with the same time in 2021 show a fall of 18.4% in total sales. Off-road models were the biggest sellers, claiming nearly 42% of sales. But still fell 17.6% compared with 2021. Road bike accounted for just over 37% of sales and a small 0.5% increase on 2021 data. OHV sales fell significantly, 48.3% compared with the 2021 period. The reason for the fall is being given as the Government mandate regarding the fitting of OPDs which has resulted in a number of manufacturers exiting the Australian market. Sales of scooters was up on the 2021 period but only accounts for just shy of 6% of the total sales. FCAI’s Tony Weber described the fall in total sales as disappointing. Motorbike sales had recorded somewhat of a boom period during the pandemic times. An interesting explanation of the current sales trend was [reported in Infomoto](https://infomoto.com.au/news/2022-motorcycle-sales-has-the-new-bike-boom-come-to-an-end/). The article relates an interview with another FCAI representative who sees instability in the economy as a reason for the downturn in the sale of enduros, motocross and dirt bikes for kids. Sales of these models saw a spike during the pandemic as many turned to 2 wheels as a preferred form of commuter. We note that this time also coincided with historic low interest rates. The FCAI rep explains that some of these bikes are seem as toys and as such can be impacted by tighter economic times. He reads into the situation as the interest rate rises causing tighter economic times and toys being one of the first purchases that gets bypassed. **Interest Rates Impact on Sales** This is an insightful explainer as the period of 2021 from January through to September was a period of historic low rates. The RBA cut the cash rate several times in 2020 and held the rate at 0.1% through 2021. Very accommodative times for riders looking to upgrade to a new motorcycle. It was also during this time that RBA Governor Lowe was indicating that a rate rise would not be expected until possibly 2024. By January 2022, the start of the current bike sales figures period, inflation was soaring and while the cash rate was held at 0.1%, talk in finance circles was very much on the need for a rate rise. By May 2022, in the middle of this sales figure period, the first rate rise had been announced and followed by consecutive rises. The effect of a cash rate increase is for banks and finance companies to follow with their own rate rises. So it is quite a feasible and realistic assumption that motorbike sales and the sales of many other goods would be impacted by higher interest rates. But it should be noted that the period of historic low rates was not normal conditions. **Securing Cheaper Motorbike Finance** While it appears that some sectors of the motorbike market and some buyers may have had buying intentions quashed as a result of recent rate rises, affordable motorbike finance may still be achievable. Jade Bike Loans continues to offer [cheaper rates](/motorbike-loan-interest-rates) than can be achieved with many other lenders with our [Secured Motorcycle Loan](/secured-motorcycle-loans). The cheaper the interest rate, the lower the monthly repayments and for most buyers, the greater the affordability. To reduce those monthly loan payments to a more affordable level, buyers can look to:- - Using our broker-style lender services to source the cheapest interest rate. - Reducing the total loan amount by making a down payment. - Maintaining a good credit score to ensure the cheapest rate is offered. - Requesting their Jade consultant negotiate a longer loan term to reduce the monthly commitment. - Make the purchase with finance prior to any further cash rate rises. **For cheaper motorbike finance contact Jade Bike Loans at 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Loan Tips --- ### [Inspired by the Island? Motorbike loans to get you on road and on track](https://www.jadebikeloans.com.au/blog/bike-loan-tips/inspired-by-the-island-motorbike-loans-to-get-you-on-road-and-on-track) **Published:** October 31, 2022 **Author:** Publisher **Content:** Philip Island is the island where motorbike dreams can be made and shattered. It can also be the island of inspiration for those considering the purchase of a new motorcycle. The 2022 [Australian Moto GP](https://www.motogp.com.au/) at Phillip Island delivered on all those counts. Sadly Jack Miller’s dream of a home GP win was shattered, the dream of crowds returning after years of disruption were realized and no doubt many were inspired to buy. For the inspired, the reality may require motorbike loans in order to be realized. **Buyers inspired by the Oz Moto GP can source affordable motorbike loans at cheaper interest rates through specialist broker-style lender Jade Bike Loans.** Cheaper rates can bring the dream of owning a new motorcycle closer to reality. But with more interest rate rises to come, according to the [RBA](http://www.rba.gov.au), buyers are urged not to hesitate. **Phillip Island Recap** It was hailed as one of the great GP races at the Island as the 2022 Australian Moto GP held crowds spellbound all the way to the chequered flag. The crowds were sensational with organizers reporting the largest attendance in 10 years. That’s since 2012 when Casey Stoner was racing – who by the way was at the Island for the 2022 event. Stoner added that magic to the event along with another true legend of world motorcycle racing, Wayne Gardner. Gardner on hand to watch some Remy in the main race. After some great performances, all eyes and hopes were on Remy Gardner to do well and for Jack Miller to make it a podium finish. Miller was honoured prior to the race with a corner named after him. A move that would sadly become quite more notable. Miller started from 8th on the grid and quickly moved up to be in contention in the top 3 over the early laps. But Miller was bumped out by Alex Marquez and forced to retire on the 9th lap. Marquez immediately accepted blame for the incident and was seen attending to Miller on the ground to check he was OK and apologizing to him. Meanwhile, Remy Gardner did battle through to finish 15th/ The win went to Alex Rins on a Suzuki, followed by Marc Marquez on a Honda with Francesco Bagnaia on a Ducati in 3rd. The teams now head to Malaysia for the next round with Bagnaia in prime position to take out the championship. While the 2022 event is done and dusted, organizers are already gearing up for the 2023 Australian Moto GP. It will be held 20-23 October next year and those interested in attending and [register interest](https://www.motogp.com.au/tickets/register-your-interest) to receive info and tickets are released. [**Getting on the Road or the Track on a Ducati**](https://www.bikesales.com.au/editorial/details/ducati-reveals-wild-new-panigale-v4-r-for-2023-137933/) A leading manufacturer in motorcycle racing, Ducatis were prominent on the grid at Phillip Island and on the leader board. While the top two positions went to Suzuki and Honda, it was Bagnaia’s Ducati in third with more Ducatis in the top 10. If the performance has inspired buyers, then the 2023 Panigale V4R from Ducati could be on the wish list. Ducati has unveiled details of the updates for this new model which includes technical solutions which prior had been included only for the Moto GP and Worlds SBK machines. The company says this is the closest model of a production bike has come to a competition machine. You’ll want to check out the details and watch the [videos of the unveiling](https://www.ducati.com/au/en/bikes/panigale/panigale-v4-r). **Making it happen – Motorbike Loans** If the 2023 Panigale makes it the top of the preferred motorcycles to buy list, the not insignificant price tag may mean a very affordable motorbike loan is required to make the purchase. In fact, many buyers require motorbike loans to purchase all types of bikes at varying price tags. Our [Secured Motorcycle Loan](/secured-motorcycle-loans) suits most new bikes and most buyers. Whether it’s a machine for the track or for the road, this is the most popular loan type. Our cheaper interest rates can bring models that seemed out of reach into the affordability zone for many buyers. To see how our current interest rates may work out in estimate loan repayments for the make and model being considered, utilise the [Finance Calculator](/finance-calculator). Buyers should be aware that while we source cheaper interest rates, the motorcycle finance market, as with other lending areas, is affected by RBA rate decisions. The RBA has lifted the cash rate at its last 6 monthly meetings and indicated that further rate rises are to be expected. The next meeting of the RBA Board is on Tuesday 1 November and an announcement of a further cash rate rise could happen on that day. For those inspired by the Island, the message is very clear – proceed with a motorcycle purchase with finance as swiftly as possible. To assist buyers to make quick purchases, we can arrange pre-approved motorcycle finance. **For cheaper motorbike finance contact Jade Bike Loans at 1300 000 003** *DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE 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.* **Categories:** Bike Loan Tips --- ### [Flood crisis: important considerations for people with motorbikes subject to motorcycle finance.](https://www.jadebikeloans.com.au/blog/bike-loan-tips/flood-crisis-important-considerations-for-people-with-motorbikes-subject-to-motorcycle-finance) **Published:** November 7, 2022 **Author:** Publisher **Content:** The flood crisis that is currently being experienced in many areas of Australia is devastating and affecting many individuals, businesses and property. We appreciate that those in flood areas have a lot on their plate with priorities being shoring up levees, cleaning up damaged homes and businesses and sorting out the next move. But **amidst the priorities of the flood crisis, there are matters in regard to motorcycle finance including obligations around loan commitments to be noted.** We provide information on these matters for a number of scenarios around motorbikes under finance and how owners and loan applicants should proceed. To [source immediate assistance](https://www.premier.vic.gov.au/beginning-victorias-flood-recovery), anyone affected by the flood situation should reach out to their state government and/or [federal support packages](https://www.pm.gov.au/media/financial-support-people-affected-south-eastern-australia-floods). **Owner Information for Motorbikes Under Finance** For owners of motorcycles that are currently ‘under finance’ meaning the loan is still current, there may be issues to consider – if the machine is written-off or if the individuals income circumstances have been changed and repayment relief is required. Where motorcycles are written off – they may have been in sheds on a property, in garages of flooded homes or a number of other circumstances, there are actions that can be taken to assist. - [Secured Motorcycle Loans](/secured-motorcycle-loans) include the condition that insurance must be arranged and continued over the loan term. - Owners should contact their insurer as their insurer as a matter of urgency and lodge a claim. - Expect phone lines to be busy and consider an online claim service where available. - Policies may vary and you may need to check that yours does include flood insurance. - The insurer will advise their process for assessing and approving claims. - Under secured loans, the lender accepts the motorcycle as security and as such holds a financial interest in the machine. - Contact the lender to advise of the situation and discuss their individual process for handling these situations. - Just because a claim has been made, it does not mean that motorbike loan repayments can be overlooked. Borrowers are obligated to meet motorbike finance repayments unless an arrangement is made with the lender. Failure to do so can result in a negative report on the credit profile and if multiple payments are missed, the loan can be considered in default. These actions can result in the credit score being seriously downgraded. That can then result in issues when new credit and loans are applied for. - The insurer should pay the relevant amount due to the lender and any balance to the insured party. The insurance coverage should be in line with the value, agreed or otherwise, of the motorcycle and cover the outstanding loan. But variations may occur and the situation should be confirmed with discussions with the lender and insurer. - If a replacement bike is required quickly, it is not essential to hold off applying for a new motorcycle loan until after the claim is settled. We can assist by expediting a new loan application to ensure quick replacement of the goods. Another flood-related scenario is those that need temporary relief in regard to motorcycle loan payments. Floods can mean many businesses are shut down and some individuals may have their income disrupted. In these circumstances, contact the bank or the lender that has the loan as a matter of urgency. Most have processes in place to deal with the situations. As mentioned above, simply letting the payment schedule slide without contacting the lender can have long-term negative outcomes. **Loans Currently being Processed** Where a motorbike loan application is currently being processed by Jade Bike Loans, that process will proceed unless we are contacted to request a halt or pause. Where the flood situation has changed an individual’s income prospects which are different from those in the application, contact should be made with the Jade consultant. The Jade consultant will listen to the situation and advise what measures can be taken. That may include holding off on processing the application until the income level is restored or details on the application may need to be amended. **Finance to Replace Flood-damaged Motorbikes** Whether it’s the primary form of transport, an essential vehicle for operating a property or a favourite recreational motorcycle, when a machine is written off the need to replace it can be a priority. As mentioned above, it’s not essential wait until the whole insurance situation on the current machine is finalised before replacing the bike. But there are some aspects of the loan application process where our assistance may be extremely beneficial. When completing a motorbike loan application, details need to be included around existing loans and other financial commitments. Until such time as the insurance claim is settled and the lender releases the security on the current bike, that commitment will appear on the credit report. This may give the impression that the applicant is not in a position to furnish a further loan. As part of our service, our consultants can assist by explaining the situation to the lenders when sourcing new finance quotes. This can be an important factor as it may impact the interest rate and conditions offered on the new loan. The loan to purchase the replacement motorcycle would be quoted at the [current interest rates](/motorbike-loan-interest-rates) and the application assessed on the current circumstances. These may differ from those in the loan that was secured to purchase the now damaged motorbike. This information may relate to all types of motorbikes which have been purchased with finance. While there are many issues to be dealt with for those impacted by floods, existing finance commitments should be included. For further information or to answer questions, please feel free to contact us. **For fast application approvals for finance to replace flood-damaged motorbikes contact Jade Bike Loans at 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.* **Categories:** Bike Loan Tips --- ### [What are the best motorbikes on the market? Finalists announced, Bike of the Year Awards](https://www.jadebikeloans.com.au/blog/bike-loan-tips/what-are-the-best-motorbikes-on-the-market-finalists-announced-bike-of-the-year-awards) **Published:** December 5, 2022 **Author:** Publisher **Content:** Time to buy that new motorbike and what a decision that is to make. What type of bike, which make and then which particular model are all big questions in the mix. For those that are extremely selective and always go buy for the best motorbikes, the decision-making process may entail a lot of dealership visits and test rides. Nice work if you can get it! **For buyers without the time to cover every make and model, the decision of experts on the best motorbikes in the Bike of the Year awards may assist**. Those experts we defer and refer to are the team at [bikesales](http://www.bikesales.com.au) with their annual awards program. The team have just announced the finalists so its game on! Of course price or more specifically affordability is a major buying decider for many buyers. That can come down to the motorbike finance. To assist buyers acquire one of the what are considered the best motorbikes currently on the Australian market, we report on the finalists announcement and provide information on sourcing that all-important affordable motorcycle loan. **Bike of the Year Awards** The Bike of the Year awards are run by bikesales annually and supported by [Shannons Insurance](https://www.shannons.com.au/). The way the judges go about the judging process was ‘interrupted’ somewhat in 2021 due to pandemic issues. But this year, the judging process is back to its normal course of business. The process starts with the team of judges testing more than 50 new motorcycles and updated models over the past year. When considering the finalists and winners of any awards program, it’s important to understand the judging criteria and the eligibility conditions. For the bikesales awards, to be eligible the motorcycle must be on sale currently in Australia, a new or updated model and needs to have been tested by their team. The criteria includes:- the performance of the drivetrain and engine; handling; braking; quality of the build; innovative features; safety; the value presented for buyers; how the motorbike is ‘fit for purpose’; and other key aspects. For buyers, it’s great to see ‘value’ included in the criteria so the awards can have greater relevance for a wider range of riders and not simply those with hefty budgets. After the initial testing phase which occurred over 12 months, the list of 50+ was culled to the list of 10 finalists. Now the judges will put these finalists to the ultimate test – the final judging stages which will be conducted in the high country in Victoria. This process will happen over the next few weeks. Judges will be providing their comments as to why each of the finalists was awarded that honour. Possibly good tips for buyers! The final outcome will be an overall winning motorbike and two receiving highly commended awards. These announcements are due in December. **Finalists Announced** The bikesales team has announced it’s 10 finalists for this year’s Bike of the Year and the machines cover a great selection of manufacturers and types. Cruisers, sporty models and adventure bikes all made the final 10. Harley-Davidson made this year’s finals with the Low Rider ST. Yamaha has two finalists – the XSR 900 and the YZF-R7HO. The Honda CMX1100 DCT also made the cut as did the KTM 350 SX-F and Aprilia’s Tuareg 660 and the BMW CE 04. The GSX-S1000 GT from Suzuki, Husqvarna Norden 901 and the Triumph Tiger 1200 Rally Pro round out the elite 10 finalists. What a great treat but a tough gig is in store for judges deciding an overall winner from these 10 magnificent machines. We await the judgement. **Having Your Say** While the experts go about their judging business, the awards also include a [People’s Choice Award](https://www.bikesales.com.au/editorial/details/vote-for-your-top-bike-of-2022-138325/) where individuals can cast their own vote. The outcome of the people’s voting will be announced later in November. **Getting Better Motorbike Finance for a Best Bike** To purchase any of the 10 finalists, our [Secured Motorbike Loan](/secured-motorcycle-loans) will suit most buyers as it suits most new motorcycles. If you’re going to buy one of the best motorbikes available, either as judged by bikesales or yourself, buyers will no doubt also be wanting better motorbike finance. Better motorbike finance can start with getting a [better interest rate](/motorbike-loan-interest-rates). It’s great to go ‘over the top’ in features and performance for the motorbike, but you don’t want to pay ‘over the top’ interest rates on a motorbike loan. After all, the interest rate is the major factor that determines the total loan cost and the monthly loan repayments. The RBA is set to further raise interest rates with the next hike possible on 6 December. To get on your bike before the hike, it may be advisable not to wait until the judges have completed their judging and announced the Bike of the Year winners. Lenders will respond individually to RBA rate rises and we may or may not see changes to our motorbike interest rates following the next RBA Board meeting. Prospective buyers can contact us for pre-approved motorbike finance to be ready to purchase when the Bike of the Year Winner is announced or apply now to proceed with the purchase of the one of the impressive finalists. **For better motorbike finance for one of the best motorcycles on the market, contact 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.* **Categories:** Bike Loan Tips --- ### [Showcase: New Bikes, New Features, New Pricing, Current Motorbike Finance Options](https://www.jadebikeloans.com.au/blog/bike-loan-tips/showcase-new-bikes-new-features-new-pricing-current-motorbike-finance-options) **Published:** December 5, 2022 **Author:** Publisher **Content:** Planning to purchase a new motorbike? Checking out the latest models is the usual first step for buyers. **For most new bike buyers, motorbike finance will be required so the selection process needs to be done in conjunction with choice of appropriate motorbike loan**. With many brands advertising pricing, even on not-yet-released models, estimating motorbike finance repayments with a finance calculator makes the overall buying decision process a little easier. We check out some of the new bikes on and coming to the market with news from the recent EICMA and the all-important details on motorbike finance. **International Exhibition News** News is filtering through after the annual [EICMA](https://www.eicma.it/en/) which was recently held in Milan. EICMA stands for International Motorcycle and Accessories Exhibition and is a global trade fair for the two wheel market. The event is an important marketing resource for the Confindustria Industrial Association. The association which represents the majority of the most prestigious names in the sector. The event is limited to media and trade attendees so details of what was on display will be sourced primarily through motorcycle media outlets. The events showcases many aspects of the industry including innovations, technical and of course unveilings of new models. Check out the event website [news section](https://www.eicma.it/en/news/) for coverage of some of the happenings and what could be coming to Oz at some stage. **New Adventure Model from CFMOTO** CFMOTO has added a new model to its [700 CL-X range](https://www.cfmoto.com.au/model/700cl-x-adventure) with the Adventure. The brand describes this model as bringing heightened offroad capabilities with exhilarating performance and the attitude of a scrambler. Features include handlebars shifted up 30mm and back 15mm to allow for standing when tackling those rougher roads; support and grip from foot pegs which are serrated aluminium; ground clearance increase 10mm more than the Heritage model; raised front fender; high-strength frame with lightweight swingarm to enable responsive handling; standard inclusion of pannier luggage supports; and for more slippery road conditions, removable rubber inserts on foot pegs. Plus many more. For those considering buying, CFMOTO are advertising a ride-away price of $11,990. This can be easily entered as the loan amount in our [Finance Calculator](/finance-calculator) to get a rough idea of motorcycle finance repayments. But one point to note about the driveaway price – the fine print states this includes 6 months rego where the state has this option available. For those wanting the full first year of rego, the price would be higher. Worth reading the full details so there are no surprises later on. When included in the purchase price from the dealer, extras such as rego and many other accessories that the buyer may choose to include, may be included in the motorcycle loan. **New Features from BMW** According to reports the 2023 model of the [BMW Roadster 1250 RS](https://www.bmw-motorrad.com.au/en/models/roadster/r1250r-2023.html) is coming soon, as in early in 2023, and with some updates. These include with an ECO mode as a standard inclusion and with Dynamic Traction Control. There will be 3 model variants to select from and pricing is currently leaked at from around $23,000. Head to your favourite BMW Motorrad dealer to talk specifics and delivery dates and as that date approaches, speak with us about pre-approved motorcycle finance so you are ready to ride away. **Pricing News** For buyers planning for 2023 purchases, Triumph Australia has released the pricing on the 2023 range of its Street Triple 765 range. On the brand’s website, the Moto2 has a $25,290 price, the RS $20,590 and the R priced at $18,090. All pricing is ‘from’ with an asterisk. That means, speak with the dealer for a specific quote and discuss what is included in that ride away price. But for planning purposes, those estimated prices can be used in our Finance Calculator for rough repayment estimates at the [current interest rates](/motorbike-loan-interest-rates). Talk of interest rates slides us nicely into an update on motorcycle finance. **Update on Motorcycle Finance** Using our finance calculator is a great way to get rough estimates on motorcycle finance repayments for basic planning purposes. But there are two key aspects to be extremely mindful of – individual offers will be based on an assessment of the applicant’s creditworthiness AND interest rates are likely to increase moving forward. The RBA Board is set to meet again on 6 December to decide on its next cash rate increase. Based on comments made by the RBA Governor and Deputy Governor around the time of the November rate decision, it was expected that the December increase could be 0.25%. However, in the past week, Governor Lowe has delivered another address where he said that the Board would not rule out returning to 0.5% increases or keeping rates unchanged, depending on the economic data and circumstances. Our lenders make their own decisions on when and by how much they might change their motorcycle finance interest rates following an RBA rate rise. This can create a lot of variation in the market and highlights the value of having our broker-style services at your service to source and negotiate the cheapest interest rate finance. For prospective buyers planning an upcoming purchase, speaking with us prior to purchase for a confirmed quote on a pre-approved loan can be a great benefit. **For confirmed quotes for pre-approved motorcycle finance contact Jade Bike Loans at 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Loan Tips --- ### [What to consider before buying a bike and applying for a motorbike loan](https://www.jadebikeloans.com.au/blog/bike-loan-tips/what-to-consider-before-buying-a-bike-and-applying-for-a-motorbike-loan) **Published:** January 13, 2023 **Author:** Publisher **Content:** Many riders looking to upgrade their motorcycle and those buying their very first bike will require a motorbike loan. Specifically, the cheapest motorbike loan they can secure with monthly repayments that won’t mean compromising on life’s other wants and needs. Motorbike loans are not totally generic in interest rate and conditions. **Motorbike loan interest rates vary across the lender market and buyers can take steps and use expert services to ensure they are offered a better rate and loan.** The interest rate is critical to the cost of any loan and the repayments. Interest rates on motorbike finance can be impacted by Reserve Bank (RBA) rate increases and decreases. The outlook for RBA decisions in 2023 are somewhat mixed. The RBA Board has stated that halting rate increases as well as returning to those 0.5% increases have not been discounted. Each monthly decision is made after assessing the available data. Critical to motorbike loan affordability is the other expenses faced by buyers. Inflation remains high as consumers face price rises in many areas. When taking on a new motorbike loan, buyers will no doubt be wanting to keep the monthly repayments to a workable amount. As motorbike finance specialists, we outline some of the considerations for buyers prior to purchase and prior to making a motorbike loan application. **Type and Price of the Motorbike** When it comes to which bike to buy, buyers can make the most of the available resources to make their selection. Read the blogs and reviews at sites such as [bikesales](http://www.bikesales.com.au) for what are the best motorcycles on the market. Their experts review new models and have recently announced their decisions for the best motorbikes for 2022. Knowing what type of rider you are can assist in bike selection. New riders will need to look to the LAMS approved models which most manufacturers include in their range. The price of the bike will be central to the loan, especially if no deposit finance is preferred. This includes the full purchase price in the total loan amount. While some buyers will have an instinctive feeling around what they can afford, others may struggle to convert advertised prices to motorbike loan monthly repayments. To assist in buying a bike that suits the loan budget there are a number of considerations and resources available. First, [use our Motorbike Finance Calculator](/finance-calculator). This is a free online calculator which provides rough repayment estimates on any motorbike price. The results are only estimates but will provide a ballpark to affordability and assist in possibly discounting some models. Secondly, consider a pre-approved motorbike loan. Get the loan confirmed before committing to a particular purchase. It makes a lot of sense and it is no different from applying for a motorbike loan after the sales deal has been done. The benefits of pre-approved finance include:- knowing well ahead the exact monthly repayments; knowing the individual is approved for the amount they want for their loan, ie the motorbike price; avoiding any post-purchase panic to get finance and potentially agreeing to a higher priced loan; and being able to search for a new ride that is priced in the bracket that suits the finance objectives. **Improving Cheaper Loan Prospects** [Motorbike loan interest rates](/motorbike-loan-interest-rates) do vary depending on the bank or finance company and on the individual aspects of the loan applicant themselves. The rates that most lenders will generally advertise will be their lowest possible interest rate. That will be for loans on new not used motorbikes and good credit score applications. So, if considering purchasing a second-hand motorbike, it may be wise to speak to us about pre-approved finance so you know exactly what the rate and loan will be. In regard to the credit score and creditworthiness, consider improving both the credit score and the personal finances before applying for new loans. Refer to [Moneysmart](http://www.moneysmart.gov.au) for directions on how to fix issues on a credit report and if at all possible, finalise any other debts such as consumer loans and credit cards. Be mindful that motorbike loans come under the Consumer Finance Laws as regulated by ASIC so lenders including Jade Bike Loans, must abide by the regulations and guidelines. Repayments are calculated based on the total loan amount, the interest rate and the loan term. By changing any of these values will alter the repayments. Where lower repayments may mean a cheaper loan, consider paying a deposit to reduce the loan amount or requesting a longer loan term. These matters will be subject to lender approval but are included in the negotiations provided by Jade Bike Loans consultants. **Take Advantage of Expert Services** Buyers will no doubt head to experts such as bikesales for assistance with make and model selection. When it comes to the motorbike loan, why not use the same strategy – head to the experts in motorcycle finance. There are other, often far more attractive, options to the usual bank and finance companies for sourcing a motorbike loan. Our broker style lender services are available to all bike buyers and provide access to a large number of lenders and expertise in negotiating and sourcing cheaper loans. When applying directly to a finance company, bank or using the manufacturer’s finance option, buyers will have little, if any, bargaining power. When using our services, buyers enjoy the strength of our bargaining power with our lenders to achieve better rates and cheaper loans. Doing a little bit of prep before launching into the motorcycle purchase and finance can be wise and pay off in many ways. **For assistance in sourcing a cheaper motorbike loan, contact Jade Bike Loans at 1300 000 003** *DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE 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*. **Categories:** Bike Loan Tips --- ### [Prices & launch offer revealed – get motorbike finance sorted on new CFMOTO 450SR](https://www.jadebikeloans.com.au/blog/bike-loan-tips/prices-launch-offer-revealed-get-motorbike-finance-sorted-on-new-cfmoto-450sr) **Published:** February 16, 2023 **Author:** Publisher **Content:** Buyers in the market for a new LAMS bike might be extremely interested in the new CFMOTO 450SR. This sports model is LAMS approved in all states and the company has recently released the launch date and pricing. The pricing appears extremely competitive at rideaway $7,990 when compared with similar machines from other manufacturers. **The new CFMOTO 450SR is due for its Australian launch in April with a special offer and buyers can pre-arrange motorcycle finance through Jade Bike Loans.** With pre-approved finance, buyers may be well-placed to ensure quick delivery and take advantage of the launch promotional offer. The Launch Promo Offer includes $650 of accessories – single seat cowl; billet clutch lever; billet brake lever; front axle slider; rear axles slider; and a cover. Interested buyers should read all the terms associated with the offer at the [CFMOTO Australia website](https://cfmoto450sr.com.au/ "CFMOTO 450SR"). To be confident of paying the $500 deposit to place a pre-order, buyers can speak with us first to get approved for motorbike finance. **CFMOTO 450SR – Features** The new 450SR is a mid-capacity 450cc, LAMS-approved machine. Features include tunnel-developed aesthetics; parallel-twin cylinder DOHC engine: FCC slipper clutch; high-strength lightweight frame; advanced connectivity and tech and many more for test riders to explore. Buyers have a choice of two colour ways – the Nebula Black which has accents of white and green; and the Zircon black which has red and grey accents. While checking out the features and specifications also check the genuine accessories. The cost of any extras that are wanted and not included in the launch promotional offer, may be able to be included in your Jade Motorbike Finance. **Calculating Repayment Estimates on CFMOTO 450SR** It’s extremely helpful to prospective buyers when manufacturers advertise the rideaway pricing for their models, such as CFMOTO have done with the 450SR. It provides buyers with at least a guide to use when working out their finances. This rideaway price may be used as a starting point for calculating repayment estimates using our [finance calculator](/finance-calculator "Bike Lending Calculator"). The estimates calculated using this device are only estimates, but can provide a guide as to what may be expected. Users should read the details shown with our calculator to ensure they are fully aware of the calculator’s capabilities. In regard to the interest rate to use, the best rates that we and other lenders show are for new motorbikes and for loan applicants that have a good credit score. If you don’t know your score or if there are any issues with your credit profile, head to [Moneysmart](https://moneysmart.gov.au/ "Moneysmart") for information on how to go about checking. To get a loan amount to use, check the details of the rideaway price closely to see what is and is not included that may be required. Some advertise ‘from’, which may indicate other charges or costs are to be adding in. Especially check in relation to registration included in the price. Some manufacturers may only include 6 months not the full first year of rego. We can include the full 12 months if the cost is included in the dealer invoice. This may involve allowing an additional amount. You may need to ask the dealer what the rego is or check the relevant state government motoring department for details. Check the accessories and extras available to see if you may want to include some of those in your order. If so, add the price to the loan amount when using the calculator. If these are purchased from the same dealer as the machine and at the same time, it is highly possible that the costs can also be included in the motorcycle loan by your Jade Bike Loans consultant. Do you plan to make a deposit? CFMOTO is requesting a $500 deposit to the dealer in order to pre-order and receive the launch promo pack. If planning to take them up on this offer and pay the deposit, deduct this amount and/or any other amount you plan to make as a deposit from the loan amount required. If the repayments calculated first time round don’t meet your budget plans, consider paying a larger deposit to reduce the loan amount or speak with us about the possibility of a longer term to reduce the repayment amount. Change the values entered in the calculator fields until the repayment amount nears your preferred amount. Being mindful you may be offered a different interest rate. That won’t be known until we source you a quote and lenders assess your application. Insurance will be required with a Secured Bike Loan. Take this into consideration when doing personal budgets. **CFMOTO 450SR Pre-Approved Loans** The arrival time of the new CFMOTO is tipped as April but pre-orders are now open. The pre-order offer from CFMOTO also includes a package of accessories. Getting approved for your motorbike loan before the arrival date can quicken up the time to actually take delivery. Pre-approved loans can also provide confidence to pre-order. So how does that work? Our Secured Motorcycle Loan is the most suitable loan type for new bikes and most buyers. For a pre-approved loan, our consultants process the application before the purchase commitment has been made. The loan amount is estimated for the purpose and specifics finalised when known. Pre-approved loans are valid for a set time period. If not used, the offer simply expires with no obligation. This is a LAMS model, so it may be suitable for younger riders for commuting to uni, college, apprenticeship or first job. Applicants must be over 18 years to apply for consumer finance. Those over 18 and applying for their first loan may face issues around being offered the best rates or have conditions on the loan by some lenders. This due to not having had time to build up a credit record. Having a Guarantor may be an option to consider. Refer to the specifics around Going Guarantor at Moneysmart and discuss with your Jade consultant how we assist with this type of finance arrangement. The CFMOTO 450SR is sure to be popular with buyers. Ensure you’re one of the first to take delivery by speaking with Jade Bike Loans about finance well ahead of the April availability time. **Contact Jade Bike Loans on 1300 000 003 for a quote or to apply for finance on the new CFMOTO 450SR** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Loan Tips --- ### [Benelli Sale – get approved for motorbike loan today!](https://www.jadebikeloans.com.au/blog/bike-loan-tips/benelli-sale-get-approved-for-motorbike-loan-today) **Published:** February 21, 2023 **Author:** Publisher **Content:** Benelli Motorcycles Australia is currently running a Mega Sale with discounts of $500, $600 and $700 on offer on selected 2022 models. But, and there’s always a but with a sale, the Benelli Sale is only available until the end of March and only while the stock of the specific models is available. 31 March is just over a month away so buyers are urged to apply and get approved for their motorbike loan today. Another impelling reason in addition to the Benelli sale to buy a new machine with motorbike finance at the moment is interest rates. The [RBA](https://www.rba.gov.au/ "Reserve Bank of Australia") announced a further 0.25% increase at the start of February and said more increases are highly likely in the months ahead. Getting in now with that purchase with finance may represent a significant rate saving which means an overall cheaper bike purchase. **[Benelli Sale Models](https://benelli.com.au/current-offers/ "Offers Archive - Benelli Australia")** Buying at sale time offers riders the ideal on opportunity purchase fine Italian design and engineering at a discounted price. Benelli is a highly sought after brand which is known for its ideal combining of performance, power and style into every model they produce. Sale offers are available on a number of the 2022 models in the Leoncino 800 and Leoncino 500 collections. As mentioned above, the discounts have been reported between $500 and $700. That is a significant amount for most people and well worth exploring the options. Benelli is advertising the promotional ride away pricing on the models which are included in the current sale offer. - Leoncino 800 advertised with a promotional ride away pricing of $12,990 - Leoncino 502C advertised with a promotional ride away pricing of $9,990 - Leoncino 500 advertised with a promotional ride away pricing of $9,390 - Leoncino 500 Trail advertised with a promotional ride away pricing of $9,890 - Leoncino 800 Trail advertised with a promotional ride away pricing of $13,490 These advertised prices are noted with an asterisk, so buyers are urged to read the conditions attached to the asterisk – what is and isn’t included. If additional items such as rego or accessories are desired but not included in the price tag, your Jade consultant may be able to still include the costs in your motorbike loan. **Working Up Loan Repayment Estimates** The first thing most buyers want to know when considering finance is how much will the repayments be. That will depend on the interest rate offered by the lender and based on the assessment of the buyer’s credit profile as well as the loan amount requested and the loan term. The interest rates advertised by banks and finance companies and brokers like us, are the cheapest rates that lender is currently offering. It usually relates to loans for new motorcycles and for loan applicants that have a good credit rating. If an applicant’s credit rating is less than good, they may be offered a higher interest rate. This is a very important consideration when browsing lender rates with the intention of making buying and finance decisions. It’s also an important consideration when using a [finance calculator](/finance-calculator "Bike Finance Calculator Free From Jade") to work up loan repayment estimates. Loan repayment estimates can be worked up using a calculator on any number of bikes and is a great way to compare possible outcomes on bikes at different prices. The prices advertised in the Benelli sale cover a significant range – $9,390 to $13,490. Buyers wondering if they can afford the 800 Trail or just the 500, can use the calculator to see the difference in monthly commitments. Noting these are estimates only. To get a specific quote based on your individual application details you will need to speak with a lender. **Motorbike Loans for Benelli Models** As these are new motorcycles in the Benelli sale, the Secured Motorbike Loan will suit most buyers. The bike forms the security for the loan and the buyer repays the loan in equal monthly instalments over the fixed loan term. We ensure this type of loan has a fixed interest rate so it will not be affected by RBA or lender rate rises over the loan term. **Saving on Your Motorbike Loan** **Buyers can further improve on the Benelli sale price of a new motorcycle by sourcing a cheaper motorbike loan with cheaper rates through Jade Bike Loans**. As can easily be seen in our rate comparison table, [the interest rate](/motorbike-loan-interest-rates "Finance Rates For Motorcycles | Jade Bike Loans") on this type of loan varies across the selection of lenders shown. We have access to many lenders – the ones listed and many more, so we can quickly access the cheapest rate currently available that is a best match to your application and your purchase. **Get Loan Approved for Benelli Sale** With sale only while stocks last and the sale has already been running for some weeks, buyers may need to be fully prepared to buy on arrival at the dealership. We can assist by getting your loan approved before you visit the dealer for a test ride or before ordering online. The Benelli sale does offer online ordering. But in order to proceed with that, you may need the finance already confirmed. We act immediately on requests for quotes and loan applications. Saving you the valuable time which may be needed to secure your Benelli of choice at the sale price. So don’t wait, just give us a call and get your finance organised and place your order. **Contact Jade Bike Loans on 1300 000 003 to secure a cheaper motorcycle loan to purchase at the Benelli sale.** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Loan Tips --- ### [Interest Rates Increased – tips for securing affordable motorcycle loans](https://www.jadebikeloans.com.au/blog/bike-loan-tips/interest-rates-increased-tips-for-securing-affordable-motorcycle-loans) **Published:** March 10, 2023 **Author:** Publisher **Content:** At the meeting of the Reserve Bank of Australia (RBA) Board on Tuesday 7 March, it was decided to increase the cash rate by 0.25%. Taking the rate from to 3.6% which is an 11-year high. The latest interest rates rise is the 10th in a row from the RBA and was no surprise as the Board had said following its February meeting that further rises would likely be needed to bring down inflation. These RBA increases typically flow through most lending areas including for consumer finance such as motorcycle loans. Lenders in the consumer finance are extensive and varied. They operate to their own guidelines and as such, the responses to RBA rate decisions are varied. Leaving options for cheaper interest rates to be sourced. There are a number of ways that Jade Bike Loans assists buyers to secure affordable motorcycle loans with cheaper interest rates and negotiated terms. There are also options that buyers can consider themselves in their quest to acquire motorcycle finance that works with their individual budget. We provide our tips for more affordable motorcycle loans but first a rundown on the latest announcement from the Reserve Bank and remarks made by the Governor, Philip Lowe, in a speech on Wednesday 8 March which may indicate an easing of rate rises is ahead. ## Reserve Bank March Rate Decision A [media release](https://www.rba.gov.au/media-releases/2023/mr-23-07.html "Statement by Philip Lowe, Governor: Monetary Policy Decision | Media Releases | RBA") is posted to the RBA website announcing the monthly interest rate decision by the Board. These releases can be informative, especially for those intending to apply for finance, as they typically include the Board’s outlook for rates moving forward. Summary of rate rise announcement:- - Cash rate increased by 0.25%. - Global rates of inflation remain very high but are moderating. - The peak of inflation in Australia appears to have been seen in December as per indications from the [latest CPI](https://www.abs.gov.au/statistics/economy/price-indexes-and-inflation/consumer-price-index-australia/latest-release "Consumer Price Index, Australia, December Quarter 2022 | Australian Bureau of Statistics"). The Board expects prices for goods to moderate over the months ahead as a result of a softening in demand domestically and developments emerging overseas. - A high rate of inflation for services is being seen in some sectors, especially the rental market. - The Board’s forecast is for a fall in inflation this year and by the middle of 2025, approaching the 3% target. - Growth in wages is seen but the Board sees a low risk of a price-wage spiral happening. Despite this lower risk, the Board is keenly watching price setting and labour costs. - While a moderation in inflation is being seen in other countries, the RBA noted that there is uncertainty about how quickly demand and spending will be seen in the Australia as interest rates increase. - More interest rates rises are likely to be required as the Board prioritises returning inflation to target and ensuring the current inflationary period is only temporary. Details of what options were discussed by Board members were not included in the media release, which is the usual approach. Details of the Board discussions are included in the Minutes of the meeting which will be released on 21 March. ## Remarks by RBA Governor The RBA Board meeting announcement was followed the next day by a [speech to a business group](https://www.rba.gov.au/speeches/2023/sp-gov-2023-03-08.html "Inflation and Recent Economic Data | Speeches | RBA") by the RBA Governor, Dr Philip Lowe. The remarks made by Dr Lowe provided additional information on the Board’s outlook for the economy and in particular, for monetary policy, ie interest rates. The entire speech is quite lengthy, but here are the key remarks made on interest rates:- - Expectation for inflation to drop this and next year but there is uncertainty about the precise path. - RBA Board discussed how interest rates had reached ‘restrictive territory’. - The situation is now ‘closer’ to the point where the Board considers it would be time to pause the rises in interest rates. So we may be nearing a hold on rates but a number of analysts and economists including from the major banks have expressed the view that rates will be increased at least once more, possibly twice and reach a cash rate of 4.1%. The next meeting of the RBA Board to make a decision is the first Tuesday in April. ## Tips for Affordable Motorcycle Loans With interest rates once again on the rise and the possibility of further increases, it’s crucial to know how to secure affordable motorcycle loans, especially when you have [No Deposit Bike Finance](/no-deposit-motorcycle-finance "Bike Loan Without a Deposit") options available. Here are some valuable tips to help you get the best deal on your motorcycle loan: 1. Use a Finance Calculator: Before making a purchase, utilize a finance calculator to ensure that the bikes you’re considering fall within the affordable repayment zone. This way, you can find motorcycles that fit your budget comfortably. 2. Work with a Specialist Motorcycle Finance Broker: Opt for the services of a specialized motorcycle finance broker like Jade Bike Loans, which can connect you with more lenders. With access to a wider range of lenders, they can quickly find the cheapest interest rates available. 3. Negotiate the Loan Term: Benefit from a Jade consultant’s expertise to negotiate with lenders and achieve a suitable loan term that results in your target repayment. This personalized approach can make a significant difference in securing a loan that aligns with your financial situation. 4. Maintain a Good Credit Score: A good credit score can make a substantial impact on the interest rates offered to you. Keeping your credit score in good standing will increase your chances of getting the most favourable rates. 5. Address Other Debts and Financial Commitments: Before applying for a new loan, try to address and reduce other outstanding debts and financial commitments. This can improve your credit profile and attract better interest rate offers from lenders. 6. Consider Paying a Deposit: If possible, consider reducing the total loan amount required by paying a deposit upfront. Paying a deposit can make your loan more manageable and may lead to better loan terms. 7. Opt for a Fixed Interest Rate: To ensure your repayments won’t be affected by future interest rate rises, choose a loan with a fixed interest rate. Unlike variable rate motorcycle loans, fixed-rate loans provide more stability in uncertain economic times. 8. Make Use of Manufacturer’s Discounts and Specials: Take advantage of any manufacturer’s discounts or special offers to save on the purchase price of the motorcycle. By reducing the overall loan amount required, you can keep your monthly repayments lower. By utilising the [Motorbike Finance Calculator](/unsecured-personal-loans "Calculator for Motorbike Financing") and following these tips, you can secure an affordable motorcycle loan that suits your needs and budget. **Contact Jade Bike Loans at 1300 000 003 for cheaper interest rates and more affordable motorbike loans.** *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.* **Categories:** Bike Loan Tips --- ### [2016 Ducati Multistrada 1200 Enduro](https://www.jadebikeloans.com.au/blog/bike-buying-articles/2016-ducati-multistrada-1200-enduro) **Published:** July 16, 2016 **Author:** Publisher **Content:** **Elegant, sporty, adventurous on all terrains** Renowned for creating the world’s best looking motor cycles, Ducati gives their trademark Italian style an all-terrain capability in the adventurous Multistrada 1200 Enduro. The first Ducati which has been designed for all terrains without compromising comfort or control. It’s born to travel over any roads – a globetrotting adventurer, which is at ease on the highway and off-road. **Exclusive Componentry** Over 60 exclusive and completely redesigned components are incorporated into the Multistrada 1200 Enduro to give it the all terrain capability. The design of the front end has been varied to suit the new 30 litre petrol tank, from which you should get around 400 klms. The rider is afforded improved protection from mud with the lengthened front beak and the new design of the front mudguard and the shape has been modified with curving upward lines for enhanced appeal. Riding in a standing position, commonly required in rugged terrain, is enhanced with the lightweight rear end. The Multistrada 1200 Enduro has an adventurous soul and the new 200mm/19” front wheel ensures rider comfort on uneven, bumpy surfaces, while the Ducati Skyhook Suspension further increases comfort by minimising the oscillation of the bike’s body. For the truly adventurous ride, the advanced electronics automatically adjust the suspension set up by recognising jumps and setting up for a softer landing. **Multiple Pre-Set Riding Modes** To suit all riding options, Multistrada 1200 Enduro has 4 riding modes: Sport, Touring, Urban and Enduro. Each works to adapt suspension, traction control, ABS and power to the style selected. Once the rider has set the preferred mode set-ups, they remain as pre-sets so you don’t have to adjust each time you ride. **Advanced Electronics Plus** Ducati technology is showcased on this motorbike with ABS to control braking and enhance safety and rear wheel slide regulated by the Ducati Traction Control System. Other highlights include the Ride-By-Wire System, Ducati Wheelie Control, hands free ignition and cruise control. Rider comfort is enhanced with even more features including the 5” TFT Display which automatically adjusts to light and riding mode; the Ducati cornering lights which is a great safety feature for night riding; and a total of three seat heights – 850mm, 870mm and 890mm. And the passenger is not overlooked, with solid pillion handles included. In line with contemporary expectations, the Ducati Multimedia System allows the rider to connect smart phone via Bluetooth and operate via buttons on the handlebar. The additional Mulistrada Link app allows you to keep a record and share journeys and performance details with friends. **Ducati Trademark Craftsmanship** The Ducati trademark is without doubt, building attractive motorcycles and emotions and the new Multistrada 1200 Enduro will stir your emotions on every terrain. It is already receiving excellent reviews from local industry experts with some predicting a category award-winner has been unveiled. If you would like to explore your adventurous soul but still want globetrotting comfort and style, the Ducati Multistrada 1200 Enduro could be just the machine for you. Ducati is available from dealers throughout Australia and great good and [bad credit bike finance](/bad-credit-bike-finance) is available from Jade Bike Loans. Just like this all terrain motorcycle, Jade [Bike Finance Brokers](/) has access to a wide range of lenders so we can source a loan that best suits your specific application and requirements. Contact Jade [Bike Loans now and test-drive our bike finance deals](/) **Categories:** Bike Buying Articles --- ### [Dakar Dreaming!](https://www.jadebikeloans.com.au/blog/bike-buying-articles/dakar-dreaming) **Published:** January 16, 2021 **Author:** Publisher **Content:** The start of each new year is a time for many motorbike enthusiasts to look to Saudi Arabia and be wowed and in awe of the competitors in the annual Dakar Rally. The 2021 event was not without sadness and tragedy with [French rider Pierre Cherpin passing away](https://www.abc.net.au/news/2021-01-16/french-motorcyclist-dies-after-dakar-rally-crash/13063764) from injuries he received on Stage 7 and our Australian favourite [Toby Price](https://tp87.com.au/) crashing out and sustaining a broken collar bone. Commiserations and condolence to family and friends of both these remarkable riders. But on the excitement scale, Dakar 2021 delivered! [The ultimate prize went to the Argentine Kevin Benavides rising a Honda and winning the rally at this fifth attempt](https://global.honda/newsroom/news/2021/2210115beng.html). But it was no easy feat. Several rides including Aussie Toby Price, a two time winner of the event, held the lead over the gruelling multi-day event. Nipping on the wheels of Cherpin was [KTM rider Daniel Sanders](https://www.ktm.com/en-nz/ktm-world/news/ktm-factory-racing-sign-daniel-sanders-to-rally-team.html). A Victorian competing in his very first Dakar and who managed to finish fourth. A fantastic feat for this enduro champion. Two other Aussies, Michael Burgess and Andrew Houlihan also competed and achieved no doubt in their own way their own Dakar dream. Four women riders also competed in Dakar 2021 – so come on girls, get your own ‘Dakar dream’ happening! You may not be considering competing in Dakar 2022, but perhaps just a bit more motivated to get an enduro bike and enjoy your own ‘Dakar dream’ for your daily ride. Jade Bike Loans provides cheap loans for all types of bikes, including enduro models from all leading bike brands. To assist you achieve that dream, we’ve compiled a guide to bike loans for 2021 with our Jade Bike Loans tips and toolkit to getting a cheap bike loan. ## **Select Your Own Dakar Dream Bike** We’ve done our research to find out what bike makes and models competed in Dakar 2021 to assist you formulate your buying list of possible purchases. - [Honda CRF 450 was the ride for winner Kevin Benavides](https://powersports.honda.com/off-road/competition/crf450r) - [KTM enduro bike](https://www.ktm.com/en-us/models/enduro.html) was the ride for 4th placed Aussie Daniel Sanders and two time winner Toby Price - The Yamaha factory team were competing on the [Yamaha WR450F](https://www.yamaha-motor.com.au/products/motorcycle/off-road/enduro/wr450f) - Sherco RTR 450 was the choice of the brand’s rally team Check out the Dakar Rally event website [www.dakar.com](http://www.dakar.com) for all the details of teams and bikes and every other bit of information you need. ## **2021 Bike Loans Guide** To make that Dakar dream even close to reality, chances are, you’re going to need a [motorbike loan and preferably a cheap bike loan](/). We’ve compiled this guide to assist you plan and prep your purchase. If you don’t have the patience for all that, you can skip straight to the main game and give us a call for quote on your bike loan or start your loan application. ## **Interest Rates on Bike Loans** Throughout 2020 the [official cash rate was reduced a number of times by the RBA](https://www.rba.gov.au/statistics/cash-rate/). This is not the interest rate for bike loans and other consumer finance. But it is the rate that banks and lenders can source their funds and a major influencer on the rates we can achieve for our bike loan customers. Interest rates in general are at historic low levels and we are achieving even cheaper than ever rates on bike loans. This scenario should continue into 2021 but it will depend on how both the global and Australian economy performs. If conditions change, the RBA may decide to make a change. Note that all Jade bike loans are arranged at a fixed interest rate. So if official interest rates change or if the lender we have arranged your loan through changes their interest rate, your existing loan will not change. A fixed rate bike loan means that your interest rate and repayments are set for the full loan term. ## **Consumer Credit Law Changes** One of the big news items in 2020 for the consumer lending sector was the announcement by the Federal Government of their intention to simplify laws and regulations around consumer credit. The objective is to make it easier for people to access funds and primarily the measure is focussed on home loans. But it does affect consumer finance in general and that may include some bike loan applicants. The changes are due to come into effect in April 2021 so keep tuned for updates here or in the media if this may influence your bike purchase decision. ## **Bike Loans 2021** As we have for many years, Jade Bike Loans continues to offer the Secured Bike Loan as the loan of choice for most motorcycle purchases through 2021. This is your standard consumer finance loan with the bike used as security against the loan and the borrower repaying the debt in equal monthly repayments over the fixed loan term. Not so standard – [Jade’s cheap deals on Secured Motorbike Loans](/secured-motorcycle-loans). We achieve better interest rates and by handling all aspects of the loan sourcing, negotiations, haggling and handling your loan application, we save you time and deliver a cheaper deal. - You must be over 18 to apply for a loan - If under 18, speak with us about our loan guarantor options - You don’t have to have a bike licence to get a bike loan - Loans are available on all types of bikes including LAMS models - No deposit loans are available - You can apply online or over the phone ## **Loan Toolkit** - Use our Jade bike loans calculator to work out repayment estimates on the different bikes you have on your wish list. This is a great assist if dollars are the decider. - Apply for a pre-approved bike loan so you are sorted before you buy. Same process as applying for a loan except it happens before you shake on the sale. **To make your own Dakar dream a reality with a new bike in 2021, contact Jade Bike Loans at 1300 000 003** DISCLAIMER: THE CONTENT IN THIS ARTICLE IS PREPARED SOLELY FOR GENERAL INFORMATIONAL PURPOSES. THIS CONTENT IS NOT PROVIDED AS FINANCIAL ADVICE. IF YOU REQUIRE ADVICE AROUND YOUR PERSONAL FINANCIAL SITUATION IT IS RECOMMENDED THAT YOU CONSULT WITH A FINANCIAL ADVISOR. NO LIABILITY IS ACCEPTED IN REGARD TO ERRORS OR MISREPRESENTATION OF CONTENT AS IT PERTAINS TO GOVERNMENT MEASURES AND POLICIES, PRODUCT *SPECS AND DETAILS AND OTHER DATA AS SOURCE VIA THIRD PARTIES.* **Categories:** Bike Buying Articles --- ### [Harley-Davidson 2021 Reveal](https://www.jadebikeloans.com.au/blog/bike-buying-articles/harley-davidson-2021-reveal) **Published:** January 22, 2021 **Author:** Publisher **Content:** [Harley-Davidson](https://www.harley-davidson.com/au/en/index.html) elected to do their major 2021 launch in global virtual, online event in mid-January. A first for this iconic motorcycle manufacturer and a much-anticipated event for Harley fans and followers across the world. The news is now out and we take a look at what new news and models Harley has revealed for 2021. ## **2021 Street Bob 114** The Softail range has an upgrade with the [Street Bob 114 with the Milwaukee Eight 114 engine](https://www.harley-davidson.com/au/en/motorcycles/street-bob.html). This engine apparently replaces the 107 V twin powerplant and according to reports is quicker in both zero to 60 mph and 60 to 80 mph ranges. The new Bob has more grunt a stripped down styling with blacked-out engine, chopped fender and other features. Buyers are given a choice of colours including Baja Orange, Deadwood Green, Vivid Black and Stone Washed White Pearl. But when will you be able to get your hands on one? Not sure as the exact date for availability in Australia has not been announced. But pricing has been so you can start your buying prep. Refer to the [motorcycle loans calculator to see how the RRP relates to repayment](/bad-credit-bike-finance) and talk to Jade Bike Loans about a pre-approved bike loan so you are ready to ride when Bob 114 arrives. ## **Fat Boy 114** As well as the new Street [the Fat Boy 114](https://www.harley-davidson.com/au/en/motorcycles/2020/fat-boy.html) has also received a styling makeover. Check out the chrome features which include exhaust, engine cover and other detail. It comes with a higher price tag than the Street so sourcing the cheapest bike loan will be a must for buyers. For aficionados of the Softail range, you may lament H-D’s decision to drop the Low Rider, [FDXR 114](https://www.harley-davidson.com/au/en/motorcycles/2020/fxdr-114.html) and Deluxe in 2021. ## **Still to Come** The January virtual launch was not the only one for 2021. Harley-Davidson has another virtual launch scheduled for 23 February. This time it is for the Pam America. You can sign up for the online event at 2021 virtual product launch. According to the pre-event promo the Pan America is set to open up a whole new world for Harley. To open up your personal Harley-Davidson world, speak with Jade Bike Loans about a [pre-approved secured Harley loan](/secured-motorcycle-loans). You can apply for a loan based on your estimated spend. We source you a quote and process your app through to the approved stage so you’re set to roll as soon as the Harley of your choice is available through local dealers. ## **More 2021 Models** It’s early in the year but plenty of other motorcycle makers have flagged new models and new looks for 2021 including [Aprilia](https://www.aprilia.com/au_EN/), Suzuki, [Husqvarna](https://www.husqvarna.com/au/) and [Moto Guzzi](https://www.motoguzzi.com/au_EN/) for starters. Moto Guzzi celebrates 100 years this year with a new celebratory livery and brings back the V9. Reports have it that the 2021 livery is only available on selected models and only for this year. We’ll keep an eye on developments to bring news of the Australia availability – whispered to be in May. For Enduro fans, Husqvarna has given the 701 an upgrade for 2021 along with the 701 Supermoto changes. Expected late March so you have time to lock in your pre-approved bike loan. For the new Aprilia updates, buyers will have to wait, if they can, until the middle of 2021. Scheduled to arrive are updates to the RSV4 and the Tuono V4. What to expect – new styling, Euro 5 compliance and new electronics. ## **Bike Loans Update** If you’ve had issues getting a bike loan in the past, you may be interested to know that the Australian Consumer Credit Laws are due for change from April. The Government flagged the intention to make changes so it was easier for some people to get credit and as such speed up the flow of funds into the economy. These changes are still in the consultation stages, so stay tuned if this may impact you. From Jade’s perspective, our bike loans will continue to be priced at our better interest rates well through 2021 and beyond. Interest rates in general are very low which may make upgrading to a new Harley or other bike even more appealing. You don’t actually have to wait until you’ve done a deal on a bike before you arrange your finance. You can apply for a pre-approved bike loan with Jade quite easily. Pre-approved bike loans are available for all eligible borrowers and can be a very smart way to go. The process is pretty much the same as when you apply for a loan after you’ve ‘bought’ your bike. You speak with one of our consultants or just use our online application form. Go through the standard bike loan process but instead of having an invoice from the bike dealer to work on, our consultants sort your loan based on an estimated price. Most manufacturers are providing at least an estimate of their pricing pre-release, so that should be fairly easy to attain. Pre-approved bike loans do have a timeframe which your Jade consultant will advise at the time. But you can jump in whenever you like to get an idea of what amount you will be approved for and what your repayments will be. **For a bike loan quote on a 2021 Harley-Davidson, contact Jade Bike Loans at 1300 000 003** *DISCLAIMER: NO LIABILITY IS ACCEPTED FOR MISINTERPRETATION, MISREPRESENTATIONS OR ERRORS IN THE INFORMATION AND PRODUCT DETAILS INCLUDED IN THIS ARTICLE AS SOURCED THROUGH OTHER ORGANISATIONS AND MANUFACTURERS. THE INFORMATION PROVIDED IN THIS ARTICLE IS NOT PRESENTED FOR OR INTENDED AS THE SOLE SOURCE OF FINANCIAL INFORMATION IN REGARD TO A FINANCIAL DECISION. IT IS FOR GENERAL INFORMATIVE PURPOSES ONLY. IF A READER CONSIDERS THEY MAY REQUIRE ADVICE RE THEIR INDIVIDUAL CIRCUMSTANCES, IT IS ADVISED THAT THEY CONSULT WITH A FINANCIAL ADVISOR.* **Categories:** Bike Buying Articles --- ### [Triumph in 2021](https://www.jadebikeloans.com.au/blog/bike-buying-articles/triumph-in-2021) **Published:** January 29, 2021 **Author:** Publisher **Content:** [Triumph Motorcycles](https://www.triumphmotorcycles.com.au/) looks like expecting a big year with the release of several new models for 2021 including the Speed Triple 1200 RS. Tagged as a most technically advanced and most powerful motorbike in the Speed Triple range to date. The 1200 RS will join the other new bikes from Triumph which include the Tiger 850 Sport and the Trident 660. So what’s so all the big news and big calls around this new Speed Triple? We checked it out, as we do at [Jade Bike Loans](/), to whet your appetite ahead of its availability in Australia in March 2021. ## **Showcase: 2021 Speed Triple 1200 RS** For starters, the new model has more power thanks to the much larger 1160 cc engine, with its triple cylinders to deliver increased power and torque. While more powerful, the new [Speed Triple 1200 RS](https://www.triumphmotorcycles.com.au/motorcycles/roadsters/speed-triple-1200) is lighter and more compact with a 198 kg weight. The new design has been inspired by the company’s [Moto2 racing programme](https://www.triumphmotorcycles.com.au/moto2). So riders can expect an exhilarating ride. Another new feature is the ‘free-breathing’ intake and exhaust which according to the company improves that classic Triumph sound even more. The optically bonded instrument screen provides improved visibility and an upgraded interface for improved user experience. The lightweight chassis is new as is the ergonomics which are claimed to deliver a more ‘purposeful’ rider position. The handlebars are wider and the seat profile also a new design. The components are premium with [Brembo Stylema calipers](https://www.brembo.com/en/company/news/brembo-stylema-brake-caliper) and [Ohlins suspension](https://www.ohlins.com/). Rider assist tech is upgraded to include ABS for optimised cornering, five riding modes, keyless ignition and for the first time on a Triumph Speed Triple, the connectivity pack is standard kit. Of course, there is still a range of options and accessories to enable buyers to spec their ride to suit their own style. So what will the new Speed Triple 1200 RS set you back? At time of preparing this article, the Triumph Australia website had not released pricing. But, a bit of digging around in the motorcycle media and we see a price of just over $25,500 plus on road costs being touted. How does that convert to bike loan repayments? That is easy to find out, just refer to our [Motorbike Loan Calculator](/finance-calculator). Simply enter the details of the loan you would like – loan amount, years to repay and the [cheap interest rate motorcycle finance](/motorbike-loan-interest-rates) we’re currently advertising and the calculator will deliver you a repayment estimate. To double your 2021 ‘triumph’, contact us to discuss a [pre-approved secured motorcycle loan](/secured-motorcycle-loans) so you are ready to be one of the first in Australia to ride your own Triple Speed when the March release arrives. A pre-approved loan is arranged by your Jade consultant in the same way as a normal bike loan except it is done prior to purchase rather than after. Give us the estimate of your loan and we’ll source you a quote and process your application through to approval based on that price point. When you actually finalise your purchase with the Triumph dealer, we amend the loan details to that specific price. There is no obligation with pre-approved loans so if you change your mind after test-riding the new Triumph (as if you will) the pre-approved loan simply expires in time. ## **New Triumph Tiger 850 Sport** Already available in the ‘new’ [Triumph stable is the Tiger 850 Sport](https://www.triumphmotorcycles.com.au/motorcycles/adventure/tiger-850-sport). Tagged as an ideal all-rounder, this bike is designed for both city commuting and hitting the highway for an adventure riding experience. A smaller engine than the Triple Speed 1200 at 888 cc and also with a smaller price tag. Triumph is currently advertising the Tiger 850 at just under $18,000 as a ride-away price. If the dollars are one of your key buying decision-makers or breakers, head back to our loan calculator and see what we can achieve for you in repayments on this model. The calculator is great for doing these quick comparisons in estimated repayments from one model to another. You receive an instant answer to save you time in contacting Jade or your bank for a loan quote. Of course, the calculator only generates estimates so you will need to call us for a firm quote. But it is a great tool to get your buying process planned and sorted. ## **Loans for a Triumph** Whichever new Triumph you decide on, the most popular loan we organise for our motorcycle customers is the Secured Bike Loan. This is a very easy to understand and manage loan with a relatively simple structure and format. - The Triumph is used as security for the loan. - Jade fixes the interest rate at our cheap rates for the full fixed loan term. So no changes during the time you’re repaying the loan. - The repayments are fixed over that loan term – great for budgeting. - If you want, you can make extra payments and if you do and/or pay out the loan early, minimal break fees will apply. To apply for a loan to purchase a new Triumph motorcycle, simply use our online application form or you can apply over the phone. **To discuss a loan on a new Triumph, contact Jade Bike Loans at 1300 000 003** DISCLAIMER: INFORMATION, CONTENT, DATA, REFERENCES AND HINTS CONTAINED IN THIS ARTICLE ARE INTENDED PURELY FOR GENERAL INFORMATION AND NO LIABILITY *FOR ERRORS OR SIMILAR IS ACCEPTED. THE INFORMATION IS NOT INTENDED TO FORM THE SOLE BASIS FOR FINANCIAL DECISIONS. ANY READER CONSIDERS THAT MAY REQUIRE ADVICE ON THEIR PERSONAL OR BUSINESS FINANCIAL SITUATION, THEY ARE ADVISED TO SEEK THE PROFESSIONAL ASSISTANCE OF A FINANCIAL ADVISOR.* **Categories:** Bike Buying Articles --- ### [New Motorbike Models Announcements Continue](https://www.jadebikeloans.com.au/blog/bike-buying-articles/new-motorbike-models-announcements-continue) **Published:** February 5, 2021 **Author:** Publisher **Content:** 2021 looks like being a very exciting year for motorcycle enthusiasts with multiple makers announcing new models and upgrades to be released throughout the year. We like to stay across the scene and have already posted news of upcoming launches from [Triumph Motorcycles](https://www.triumphmotorcycles.com.au/), [Harley-Davidson](https://www.harley-davidson.com/au/en/index.html) and others. But wait, there’s more! We’ve come across more news snippets to share and assist you start planning the purchase of your new motorbike. ## **Royal Enfield News** Buyers won’t have to wait long to get their hands on the handlebars of the new [Royal Enfield Meteor 350](https://royalenfield.com.au/model/meteor-350/). According to reports, it is due for sale in Australia in the middle of February 2021. We read that this new 350 replaces the [Rumbler](https://www.royalenfield.com/au/en/motorcycles/rumbler-350/) but is a new motorcycle in multiple respects. They include the inclusion of the brand’s Tripper navigation technology. Three variants of this motorbike will be available – Fireball, Supernova and Stellar with a great selection of colour choices. With a nod to its 1952 namesake, this Meteor will feature heritage styling. If the Royal Enfield Meteor makes it to the top of your motorbike purchase list, head to our [Motorbike Loans Calculator](/finance-calculator) to work out estimated repayments. Or better still, just get on the phone with us and organise your [pre-approved secured motorbike loan](/secured-motorcycle-loans) so you can order on the spot as soon as you test ride. ## **Kawasaki Update** Known as a 2022 model but due for availability in the latter part of 2021, the [Kawasaki KLR 650](https://kawasaki.com.au/shop/motorcycles/touring/klr650/) has undergone an update. We’re talking electronic fuel injection and a digital instrument display and a new Adventure model joins the line-up. The KLR 650 Adventure is intended for motorcycle riders that like to embark on adventures that are more rugged than the standard so it is kitted out with additional equipment as standard. Keen Kawasaki enthusiasts will no doubt appreciate the more sophisticated appeal of the new 650 and features such as the larger fuel tank, minor changes to suspension and chassis and the increased output of the generator. But the 650 remains a very affordable and easy to ride option for an army of Kawasaki buyers. Australian pricing has not as yet been announced, but if you’re interested in how much you might be approved for a motorbike loan, you can always give us a call and go through the prelim loan processes. ## **Indian Motorcycles 2022 Models** Also in the MY22 line-up due to come out in 2021, are new models in the [Indian Motorcycle Company FTR collection](https://www.indianmotorcycle.com.au/ftr-family/). We hear the new line-up will be sportier in both the feel of the ride and the appearance of the motorcycles. The new elements apparently include upgrades to suspension and engine tuning, 17” wheels, lowering of the seat to deliver better handling, rider assists and electronics and a large touchscreen display. You can expect to have to select from three choices if the FTR is on your buying radar. The standard, S and R Carbon variants. Each is a step up in features and inclusions but also has an increase in price. Don’t worry, with a cheap Jade motorbike loan, that top price may be extremely affordable. To see exactly how affordable we can make your new Indian FTR, refer to our motorbike loan calculator. Just enter the prices advertised on the different model variants and see what the estimated repayments might be. This is a great tool to use for getting a rough idea as to whether you can work the top of the range model into your budget or if the standard option may be the better choice. ## **Applying for a Motorbike Loan** Motorcycle manufacturers provide plenty of lead-in to the availability of their new models, which gives you plenty of time to arrange your [motorbike loan](/). Not that Jade Bike Loans will hold you up with our quick quotes and fast approvals. To be ready to buy as soon as the motorbike you want is available, you are welcome to take advantage of our pre-approved loan service. This service allows our customers to complete the motorbike loan application process prior to placing an order. You go through the same processes as when applying after you’ve effectively bought, but it happens ahead of the purchase. The [Secured Motorbike Loan](/secured-motorcycle-loans) application process includes:- - Initially contact Jade via phone or online to request a quick loan quote if desired. - Alternatively, simply the online form or apply over the phone with one of our consultants. - You will need to be over the age of 18 years, have employment/income and meet the lender criteria. - Providing personal details around age, DOB, address, contact details, residential status and history and proof of ID. - Details around your current employment and employment history. - Financial information re your income and expenses and any debts and assets. Under consumer credit laws, Jade Bike Loans is required to adhere to this loan application procedure and provide you with information about credit. We then source you the cheapest motorcycle loan quote and loan application approval from across our lending panel. When you accept our offer we proceed through the final stages and liaise with the dealer to pay the invoice so you can ride off on your new motorbike ASAP. The process is easy and straightforward as your Jade consultant handles the paperwork and saves you time and a lot of hassle. **To get organised with a loan for a new 2021/22 model motorbike, contact Jade Bike Loans at 1300 000 003** DISCLAIMER: THE DATA, POLICIES, INFORMATION, CONTENT AND REFERENCES AS PRESENTED IN THIS ARTICLE ARE FOR GENERAL PURPOSES ONLY AND ARE *SOURCED FROM RELIABLE SOURCES BUT NO LIABILITY IS ACCEPTED SHOULD THERE BE ERRORS OR MISREPRESENTATIONS OF DETAILS IN THE CONTENT. THIS INFORMATION IS NOT INTENDED AS THE SOLE PURPOSE OF MAKING FINANCIAL DECISIONS. READERS SHOULD REFER TO A FINANCIAL ADVISOR OR ACCOUNTANT IN THE EVENT THAT THEY REQUIRE PROFESSIONAL GUIDANCE AND CONSULTATION ON THEIR INDIVIDUAL FINANCIAL POSITION.* **Categories:** Bike Buying Articles --- ### [Tips and tools to score a limited edition motorbike](https://www.jadebikeloans.com.au/blog/bike-buying-articles/tips-and-tools-to-score-a-limited-edition-motorbike) **Published:** February 18, 2021 **Author:** Publisher **Content:** News of 2021 new model motorcycle releases continues to roll out on a weekly basis and it’s looking like a very exciting year ahead for buyers. There’s plenty to select from across most leading manufacturers and across all types of motorcycles. But, and there’s often a BUT with good news, there are also reports that some models from some makers will be in limited supply for the Australian market. The reasons for this vary. For some it’s because they can only allocate a small number for our buyers. With the disruption to some manufacturing facilities in Europe in 2020 and the COVID-19 crisis still continuing in 2021, output from the factories could also be limiting supply for some time to come. In other instances it is because it is a limited edition model. Limited editions are not unusual, manufacturers regularly release a special ride to commemorate an anniversary or special event. These are special motorbikes and usually highly coveted, anticipated and treasured by those fortunate to capture one of these elusive machines. The latest to announce an upcoming limited edition is the [2022 Suzuki Hayabusa](https://suzukicycles.com/sportbike/2022/hayabusa). While all these reasons are logical and quite acceptable, they don’t assist buyers that will be clamouring to get their gloves on the handlebars of a special edition or a limited supply model. At [Jade Bike Loans](/) we do everything we can to assist our customers expedite their bike purchase. In addition to our fast approvals we’ve developed a number of motorbike buying tools to assist buyers. We share our tips and tools to assist you in being one of the first and only buyers of a limited supply and limited edition motorcycle. ## **Planning Tools** This may be a no brainer but it is always worth repeating – plan ahead! Know what you want and know how you’re going to buy it. Then actually take as many of the prelim steps as possible so you’re ready to place your order as soon as the dealers are accepting orders. Follow the industry news on what models are going to be released, when and in what numbers. Bike sales platforms and other forums are posting news stories almost daily and at least weekly with the latest updates from manufacturers. One has even posted a [new motorbike release calendar](https://www.bikesales.com.au/editorial/details/new-bike-release-calendar-122463/). With this wealth of info you should have your diary dates set well in advance. Finance is usually the biggest deal when it comes to buying a new motorcycle. With interest rates low it means your savings is not earning much so savings towards the target bike purchase could be a long haul. Fortunately these low interest rates is good news for borrowers. Interest rates on motorbike loans is at historic low levels. So it can make perfect sense to consider taking out a loan for that special purchase. We’ve provided our [motorbike loan calculator](/) so you can enter the price of the bikes you’re considering and see how that may work out in bike loan repayments for you. The calculator only provides rough estimates, but that’s what these planning stages are all about. ## **Selecting Your Lender** When stocks of the bike you want are limited, then any delay in arranging your bike loan can mean you miss out completely. In our professional opinion as lenders, many buyers spend or more precisely waste too much time shopping around for the cheapest or most attractive or any loan they can get. To cut the waste we’ve provided a lender comparison tool. A chart which lists a group of leading lenders in the motorbike loans space including Jade, with the interest rates they are currently applying to bike loans. This is updated regularly so you’ll always see the latest rates. You no longer have to shop around as we’ve done that for you. Just refer to our chart and you’ll see who is offering the best deals on motorcycle loans. Hello, that would be Jade Bike Loans. So you’re planning around which lender and which motorcycle model is done and dusted. You’re going to apply for a loan with Jade to buy the XXXXX bike. ## **Confirming Your Loan Ahead of the Release** Decisions made, time for action. When pre-orders open for a certain make/model it’s easy to put your name down on the list or register your interest. But then many buyers lose time and possibly their place in the queue (and who knows how long the pre-rego line is) by not organising their loan in advance. They wait till they are advised they are atop the queue and then start making loan applications. News – you don’t have to do that. That is so last century lending practice. In 2021, smart riders get to the top of the queue with a [pre-approved secured motorbike loan](/secured-motorcycle-loans). How this works is quite simple. You apply for your loan before you commit to the purchase. Your Jade consultant sources you a loan quote based on estimated pricing, you accept, your application is processed and you have confirmed approval of your loan. But with no obligation to proceed. So your finance is sorted but if you change your mind when you actually test ride the bike, no damage done. So if you have your heart set on a limited edition like the Hayabusa or you’ve heard the motorcycle you want will be in limited supply, do your planning and take pre-purchase action so you don’t miss out. **To discuss a pre-approved loan for a limited edition motorcycle, speak with Jade Bike Loans on 1300 000 003** DISCLAIMER: THIS ARTICLE IS PREPARED AND POSTED WITH THE INTENTION OF PROVIDING GENERAL INFORMATION AND NOT WITH THE INTENTION THAT IT BE THE ONLY SOURCE OF INFORMATION ON WHICH TO MAKE FINANCIAL DECISIONS. THOSE REQUIRING FINANCIAL ADVICE AROUND THEIR INDIVIDUAL SITUATIONS SHOULD REFER TO A FINANCIAL ADVISOR. NO LIABILITY IS ACCEPTED *FOR ANY MISREPRESENTATIONS OR ERRORS IN THE CONTACT AS SOURCED, IN GOOD FAITH, FROM A RANGE OF SOURCES.* **Categories:** Bike Buying Articles --- ### [Getting Your MotoGP Fix](https://www.jadebikeloans.com.au/blog/bike-buying-articles/getting-your-motogp-fix) **Published:** April 12, 2021 **Author:** Publisher **Content:** The 2021 MotoGP season is underway with the first two races in Qatar at the Losail International Circuit. The first race in the top two categories threw up mixed results for Australian riders. Maverick Vinales took the first checkered flag for the year in MotoGP on his Yamaha while Aussie Jack Miller could only manage 9th on his Ducati despite impressive times in pre-season practice sessions. Things went much better for Australian riders in the Moto2 category with Remy Gardner, son of Aussie legend Wayne Gardner, taking 2nd in the first race of his season on his KTM. Round 2 is being held at the same circuit, with reports that riders are expecting a faster performance from their rivals. For those not content to just watch, but want to experience the thrill and excitement of owning a motorbike themselves, we provide a run down on some of the models available in Australia from manufacturers of the leading riders – Yamaha and Ducati. Plus, details on the cheap loans we have available to make that purchase a reality. ## **Consider a Yamaha Production Track Model** Yamaha is long-term favourite motorcycle brand with Australian riders and the current selection of road bikes covers all types of riders. For those that want more of a racing feel, the Super Sport range could be just the exiting ride you’re seeking. We draw to your attention the [Yamaha YZF-R1M](https://www.yamaha-motor.com.au/products/motorcycle/road/supersport/yzf-r1m). According to Yamaha, this is their most advanced production track bike that they’ve ever released. Dynamic in appearance and style and powered with a 998cc, inline 4 cylinder engine. The design was refined with the recent model updates with claims the new aerodynamic styling delivers 5.3% efficiency increase as well as reducing the wind noise as well as rider pressure when in the tuck position. Especially note the state-of-the-art racing suspension and then check out the affordability. Enter the quoted pricing in our [bike loan calculator](/finance-calculator) to see what your loan repayments might be if you proceed with a R1M purchase. Interested? Request a quote online or just give us a call and let’s get this application started! ## **Ride like Jack on a Ducati** Australia’s motorcycle fraternity will no doubt all be behind Jack Miller and hoping he can replicate his pre-season times on the track and post multiple podiums in 2021. He is signed for 2021 2022 to ride for the Ducati factory team and is on a Desmosedici model. If you’d also like to be riding a Ducati, then April 2021 is great timing. It is the designated month for the new Ducati Monster to commence being available through the company’s dealerships. Described by the company as a lightweight, sport naked bike with an engine that is both powerful presumably for the track but also suited to road use. This has the 937cc L-twin Testastretta engine, a new gearbox and a redesigned sub-frame among many other components. Riders can select from the 3 riding models – sport, urban or touring, and tech and connectivity is well catered for. [Read more here](https://www.bikesales.com.au/editorial/details/overhauled-2021-ducati-monster-unveiled-127639/). For more details and presentation videos, head to Or, to talk motorbike loans and cut straight to the chase, call Jade Bike Loans. ## **Motorbike Lending Scene: Snapshot** - Loans are available for most categories of motorcycles including LAMs bikes - You must be over 18 to apply for consumer credit under Australia’s consumer credit laws - Having a bike licence is not a condition of a loan application - Loans are available through banks, finance companies and non-bank lenders as well as through [bike finance brokers such as Jade Bike Loans](/broker) - Not all lenders offer specific motorcycle loans but typically bikes are covered under their Secured Personal Loans - Interest rates will vary across the lending market as will loan conditions - Refer to our [bike loan interest rates](/motorbike-loan-interest-rates) comparison chart to see who is currently offering what interest rate - Applying for multiple quotes in order to compare and hopefully source the cheapest can impact a person’s credit rating negatively - Using a finance broker like Jade allows a person to cover off on many lenders to get the cheapest option without the process affecting their credit rating ## **Jade’s Secured Motorcycle Loan: Specs** - The most popular form of loan we offer for motorcycles is the [Secured Bike Loan](/secured-motorcycle-loans) - The bike is used as security against the loan - We source loans at the cheapest interest rate from across our large lender panel - The interest rate is fixed for the entire term of the loan - The loan term is fixed and typically is 4-5 years - The repayments are due monthly and are at a fixed amount - Borrowers can make extra payments if they choose - If extra payments are made and/or the loan is paid out before the fixed end of the term, minimal break fees apply - Applying for a Jade motorbike loan can be done online or over the phone - You will need proof of employment and income, ID and provide a range of information in regard to residential situation, assets/liabilities and other financials Jade consultants can arrange quick quotes and fast approvals so you can have that bike promptly and with less hassle and time spent than if you undertake the process on your own. So if you want your GP fix, contact [Jade Bike Loans](/) for a quote on the bike of your choice. **To apply for motorcycle lending, call 1300 000 003 today.** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *PRESENTED PURELY FOR GENERAL INFORMATIONAL PURPOSES FOR MOTORBIKE BUYERS AND THOSE SEEKING MOTORCYCLE LOANS. THIS IS NOT INENDED AS THE SOLE SOURCE OF INFORMATION FOR FINANCIAL DECISIONS. IF SPECIFIC ADVICE IS REQUIRED AROUND FINANCIAL DECISIONS, READERS SHOULD SEEK THEIR OWN FINANCIAL ADVISOR.* **Categories:** Bike Buying Articles --- ### [Be a Smart Rider: Buy Smart, Borrow Smart, Ride Smart](https://www.jadebikeloans.com.au/blog/bike-buying-articles/be-a-smart-rider-buy-smart-borrow-smart-ride-smart) **Published:** April 19, 2021 **Author:** Publisher **Content:** Taking a smart approach to motorcycle riding can greatly increase safety for yourself and other road users and enhance that sensational riding experience. But adopting a smart approach from the time you decide to buy a motorbike can not only increase riding but the overall ownership experience. A Queensland-based initiative, the Smart Rider program, has prompted our team at [Jade Bike Loans](/) to communicate the message to all riders and add our own professional advice on buying smart and taking a smart approach to sourcing a motorcycle loan. ## **Riding Smart** First, the important safety messaging. While this campaign is being instigated in Queensland, safe and smart riding applies to all motorcycle riders across Australia. [The Smart Rider program](https://motorcyclelife.com.au/smartrider-1/) is an initiative of Steve McDowall, a highly-regarded motorcycle rider trainer, who runs courses throughout Queensland. The new move focuses on riders who are returning to riding after a break. There has been a large increase in sales of motorcycles over the past 12 months, at least partially attributed to the fallout of the coronavirus pandemic. Unfortunately, [Queensland has also recorded an increase in fatalities from motorcycle crashes](https://mypolice.qld.gov.au/news/2021/03/25/police-issue-safety-alert-to-motorcyclists/) which has spurred the police and Government to increase safety in the sector. The push is on to improve rider education, especially for those coming back in with the purchase of a new bike. The message is clear that motorcycle riders need to continually work on improving their skills and those returning should be undergoing refresher courses. The plan is for courses for riders returning to be subsidised to increase the take-up of improving education. The policy could be in place in Queensland later this year. The work in developing the policy is being done by the Queensland Transport and Main Roads Department alongside the Queensland Police. Reportedly, Queensland authorities have been emailing licensed riders to remind them of the importance of safety. But this is not a message which should be exclusively for sunshine state motorcycle riders. Australia-wide, riders should be focussing on safety and ensuring they have the skills to confidently and effectively handle their bike and the road conditions. [More information here](https://www.tmr.qld.gov.au/Safety/Motorcycle-safety/Queensland-Motorcycle-Riders-Guide). A key inclusion in the messaging is reminding returning riders that new generation motorbikes may be very different from the machines they have been used to riding previously. They are clearly more powerful, have far more tech and may require adapting riding style. The focus is on roadcraft, braking and cornering especially. Queensland returning riders should keep an eye on announcements for offers to upgrade skills at reasonable prices and with a level of subsidy from the Government. Riding smart is for everyone’s safety and the team at Jade Bike Loans want, above all, our customers to enjoy their riding safely. ## **Buying Smart** Following on from the safety message, it is smart to buy a motorcycle that suits your capabilities. That applies to both new and returning riders. So speak with the dealer to ensure you’re across the different models and know which bike will suit your riding skills and current level of experience. EOFY is approaching and many motorcycle dealers will be advertising sale events. This can present a great opportunity to get the bike you’ve to mean eyeing off at a good price reduction. But while it can be a smart move to buy at the sale price, there are some ‘buyer beware’ tips to note. - Do your research and due diligence to ensure you are confident and comfortable that what you are being offered is a genuine price reduction. The motorbike dealer fraternity is on a whole a highly reputable sector but, it still pays to double-check. By ‘genuine’ we mean that the price wasn’t inflated in the lead-up to the sale event. - If it’s not automatically obvious, ask for the specifics of the deal. Some special offers might be adding extras into the deal at no cost such as extended service deals. Read the fine print to ensure you know what the deal is and you’re comfortable that it suits you. - Consider if the bike has all the options and accessories that you want and you’re not paying for extras that you don’t want or need. - Some sale events are manufacturer originated and some are individual sales events by dealers. If it is a manufacturer-wide deal, the same offer could be available from all dealers. But some may be more open to shave a little extra off the price. Worth looking around. - If the deal is in regard to a motorbike loan, speak with [Jade Bike Loans](/) before signing. We focus on achieving cheaper motorbike loans and getting our quote to compare with dealer finance could end up saving your dollars over the life of the loan. - When buying insurance, check out the market to get the best deal. Our consultants may be able to direct you to a good offer on motorcycle insurance through our contacts. ## **Borrowing Smart** Most buyers will be seeking a motorbike loan for their purchase and that is an area where we can offer not only advice but real assistance to ensure you are smart in securing your motorbike loan. Jade Bike Loans specialises in secured motorcycle and [unsecured motorcycle loans](/unsecured-personal-loans) and manages the entire process to save you time and ensure we deliver you the cheapest motorcycle loan available. Going with Jade can definitely be the smart way to arrange your bike loan. **To be a smart motorcycle loan applicant, call us on 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *PRESENTED PURELY FOR GENERAL INFORMATIONAL PURPOSES FOR MOTORBIKE BUYERS AND THOSE SEEKING MOTORCYCLE LOANS. THIS IS NOT INENDED AS THE SOLE SOURCE OF INFORMATION FOR FINANCIAL DECISIONS. IF SPECIFIC ADVICE IS REQUIRED AROUND FINANCIAL DECISIONS, READERS SHOULD SEEK THEIR OWN FINANCIAL ADVISOR.* **Categories:** Bike Buying Articles --- ### [Suzuki TU250X](https://www.jadebikeloans.com.au/blog/bike-buying-articles/suzuki-tu250x) **Published:** July 16, 2016 **Author:** Publisher **Content:** **Learner approved, retro style** From the Suzuki Learner Approved Sport Range, the TU250X is an ideal easy-going, go anywhere motorcycle with the reliability and quality expected from of the world’s favourite motorcycle manufacturers. The Suzuki TU250X includes the company’s reliable single cylinder, 249cc, fuel-injected engine, which offers great performance in especially, city environments. **Retro Look** While the technology and engine is all the latest and greatest, the design and styling of the TU250X is all very on trend retro. The retro look is definitely a trend in motorcycles and Suzuki have captured this classic styling perfectly with chrome plating on both front and rear wheels, in the headlight case and speedo cover design, the polished crank side case and the front suspension outer tube. Altogether a sensational look. **User-Friendly Features** As a learner approved motorcycle, with a small, economical engine and great value for money, the Suzuki TU250X will no doubt attract the beginner rider and the set-up is ideal for the novice but equally comfortable for the experienced rider. The seat is set at a low 770mm and combined with the diamond shaped steel frame, compact chassis and ergonomically designed rider position, the TU250X provides a comfortable, upright riding position which should assist in instilling confidence in the learner rider. They can concentrate on the road rather than be bothered by riding issues. The full lighting system and instrument display which is easily read, will also assist riding **Modern Technology** Behind the retro styling is a heap of modern technology in the lightweight, fuel injected, SOHC Suzuki engine which is considered the leader in its class. This is very fuel efficient engine and the exhaust system reduces exhaust emission, as it is fitted with catalytic converter and oxygen sensor feedback system. Other technology includes the inclusion of the Suzuki’s own Composite Electrochemical Material cylinder which facilitates better transfer of heat and a tighter piston clearance while the digitally controlled CDI ignition system optimises ignition timing and engine speed. **Specs and Facts** Transmission on the Suzuki TU 250X is a five speed constant mesh which offers gear ratios suit to a range of conditions. The brake set up is discs with dual piston caliper on the front and drum brakes on the rear. With the rather generous 12 litre capacity fuel tank combined with the engine efficiency, the Suzuki TU 250X should provide many enjoyable kilometres between refuelling stops. A great retro styled motorcycle which is the ideal set up for today’s city riding conditions. If a Suzuki TU250X suits your style, then Jade Bike Loans are ready to offer you a loan that suits your situation. Jade Bike Loans are specialists in bike finance and we provide highly attractive loans on all types of bikes to all kinds of riders. Whether it’s your first bike or your 50th! We’ll assist with sourcing you a great loan and handle all the paperwork and hassle during the process. For some retro-style quality customer service, contact Jade [Bike Loans](/) and discuss your situation with one of our friendly [bike loan brokers](/broker). [Contact Jade Bike Loans](/contact-us) now by phone or online **Categories:** Bike Buying Articles --- ### [Tips for Staying Ahead of the Motorbike Buying Rush](https://www.jadebikeloans.com.au/blog/bike-buying-articles/tips-for-staying-ahead-of-the-motorbike-buying-rush) **Published:** May 29, 2020 **Author:** Publisher **Content:** As we discussed in a previous blog, the coronavirus pandemic has created issues around transport and commuting. To comply with [social distancing](https://www.theguardian.com/australia-news/2020/may/20/social-distancing-rules-australia-when-will-end-guidelines-coronavirus-laws-physical-covid-19-restrictions-signs-posters-nsw-victoria-qld-queensland-act-sa-wa-nt-tasmania) regulations, the number of passengers on trains, buses, trams and ferries has been reduced significantly and some authorities are actually recommending that people revert to driving to work. After decades of promoting leave your car at home, travel by public transport this is totally unprecedented. In preference to cars, as we also discussed in a previous blog, an urban-style motorbike or scooter would be ideal as an alternative to public transport and in many cases, get you to your destination faster than a car. Many people will likely have the same idea. As people who have been working from home during the COVID-19 crisis start returning to their work places and rethinking their commute, there could very likely be an increase in demand for motorbikes. Good quality second-hand bikes will likely be highly sought after especially and buyers will need to be quick to snap up the best bikes. Following slow sales over the lockdown period, new dealers may have limited stocks of new bikes. So buyers will need to be totally organised and well-prepared to ensure they secure the bike they want. To ensure that you stay ahead of the rush, we’re giving you these tips for getting your motorcycle loan organised first so you can finalise your bike purchase faster. ## **Tip: Estimates on the Go** To get in fast for the best bikes for sale, you don’t want to waste time checking out bikes that are not within your budget when it comes to loan repayments. Comparing the advertised purchase prices of various bikes or the same bike from various dealers or sellers assists in narrowing down your selection. But knowing how that purchase price translates into monthly repayments on a cheap bike loan is even more helpful. The Jade [Bike Loans Calculator](/calculator "Motorcycle Finance Calculator") will assist you there. You’ll find it on our website and it’s worth keeping it open in another browser tab while you’re browsing bikes for sale online. It’s free and easy to use. The calculator is laid out in standard online format with fields for you to enter your data. You enter the amount you want for your loan, the interest rate we are currently advertising for motorbike loans and the number of months/years you would like to pay off the loan. Then click CALCULATE and you’ll instantly see a monthly repayment figure based on the amounts you entered. Easy, but…here is some tips so you get more value from our calculator. - Total loan amount: this may be the total purchase price if the lender allows you a no deposit loan. But consider including extra to cover dealer delivery charges if buying a new bike, safety gear including new helmet and boots and rego. - The estimate is only an estimate. The actual monthly repayment that your Jade consultant achieves for you cheap bike loan could be lower or higher than the estimate. Why? Because the calculator is a generic device and can’t allow for fees and charges which may be applied by certain lender or for specific conditions around your application. Read the disclaimer and t&c’s so you are fully informed. - To check out repayments on another bike, just re-enter the data for that bike. You can quickly and easily see which bike works best with your budget. - Loan term: some lenders will have maximum loan terms for bike loans but your Jade consultant will negotiate to achieve the terms that you want. The shorter the term the higher the repayments but the quicker you pay off the loan. The longer the term, the less you’ll have to pay each month but the longer it will take you to own the bike outright. - Jade offers cheap interest rates as our company policy. The rate we advertise today for our cheap bike loans may vary by the time you secure your loan as interest rates fluctuate based on a number of factors. Your consultant may get you an even cheaper rate than advertised! ### **Tip: Pre-Approved Loan** Having an estimate ahead of time is great but having your Jade bike loan all approved and organised before you start bike shopping is a massive assist. We provide a pre-approved bike loan service which is available to all our customers. As the name implies, it’s having your [cheap bike loan](/ "Motorbike Finance With Cheap Interest Rates") processed and approved before you finalise your purchase decision rather than after. The process is pretty much the same as when you apply for a Jade bike loan except you nominate a price range as the loan amount rather than nominate a loan for the purchase of a specific bike. The same features apply with our Jade Pre-Approved Bike Loans: - Jade’s cheap interest rates - Fixed interest rates - Fixed monthly repayments - Fixed loan term Knowing your loan is already approved gives you confidence to get in quick and make a deal on the bike of your choice. Once you’ve done the deal with seller, you simply contact your Jade consultant who will then finalise the paperwork for that bike. Having a pre-approved loan gives you the edge by being able to settle the deal faster so you can stay ahead of the bike buying rush during these post-pandemic times. **To discuss a pre-approved bike loan, contact Jade Bike Loans and speak with one of our consultants. Call 1300 000 003** **Categories:** Bike Buying Articles --- ### [Ducati Spotlight](https://www.jadebikeloans.com.au/blog/bike-buying-articles/ducati-spotlight) **Published:** June 23, 2020 **Author:** Publisher **Content:** The [2020 MotoGP season kicks back](https://www.motogp.com/en/news/2020/06/11/motogp-is-back-2020-calendar-released/331670) into gear from mid-July with Spain the first race on the calendar. Australia’s Jack Miller has signed to ride with the Ducati factory team in 2021. New Ducati models are arriving on Australian shores now with and more coming later in the year and there are new moves on the corporate front. So what better reasons to focus on news from the iconic Ducati motorcycle brand. In significant news for local Ducati lovers, the company has changed its business structure with a more from an importer arrangement to a fully-owned company subsidiary for the Australian and New Zealand operations after 50 years! The move is seen as a signal that the Italian manufacturer has plans to grow its business in the region, which is always good news for local riders. It will allow the company to react faster to issues and acquire a better understanding of local needs which should all be of great benefit to Ducati owners. The move also sees motorcycle industry veteran, [Sergi Canovas take on the role of Managing Director for the Aust-NZ subsidiary](https://twitter.com/canovassergi). Italy was hit very hard by the coronavirus pandemic and the Ducati factory in Italy had to close for 2 months. But now this much-loved manufacturer with 90 years of history, is back in business and releasing the new 2020 models in Australia. ## **New Streetfighter V4** [The new Ducati Streetfighter V4](https://www.ducati.com/au/en/bikes/streetfighter/streetfighter-v4) is sure to make it to the top of a lot of wish lists. Available in two models – V4 and V4 S – it features the Ducati red with dark grey frame and black wheels. An appearance which has the Streetfighter V4 voted the most beautiful bike in a poll run by an Italian motorcycle magazine. The spirit of the Streetfighter has been captured in the minimalist headlight design and the design of the front end as it flows in a low and lunging way out, from the tank. It has many classic Ducati hallmarks and many features to note. The aerodynamics incorporate a biplane configuration designed to instil rider confidence. ## **New Hypermotard 950 RVE** Due to arrive in Australia in November 2020, the new [Hypermotard 950 RVE](https://www.ducati.com/us/en/bikes/hypermotard/hypermotard-950) continues to Ducati tradition of delivering endless adrenalin and fun. Known as ‘graffiti’ by the makers, the livery is striking and unique design. The electronics package has been enhanced, handlebars are wide, sides narrow, low weight – allowing greater agility in direction changing. Power is delivered from the 937cc Testastretta twin cylinder engine. Good news – expect the 950 RVE in November. Bad news – numbers are expected to be limited. ## **Other New Models** Also new from the iconic Italian is the Multistrada 1260 S Grand Tour. This is the ultimate sport touring bike with looks that are pure Italian chic and cool. Matte colour scheme and tone on tone logo ensure you’ll turn heads as you turn corners. As Ducati grow into their corporate structure in Australia, riders will be hoping for even more great news, more new models and great support To find your local Ducati dealer to discuss the 950 RVE or Streetfighter and to see plenty of videos of Ducati bikes in action head to the [company’s website](https://www.ducati.com/au/en/home). **Buying a Ducati** So it’s time to get you onto a Ducati. [Jade Bike Loans](/) is ready to assist you with a great bike loan to make that possible. There’s a few ways to go about getting your loan organised so we’ll give you the step by step options and some hints and tips. ## **Bike Loan Calculator** The pricing of the new Hypermotard 950 RVE is not due to be released till later in the year but hopefully, your local Ducati dealer can give you a price range or you can guesstimate based on the existing 950 models already on the market. Armed with that info, head to our [bike loan calculator](/finance-calculator) page, follow the instructions to get a rough ballpark of what repayments may be. Remember, this is an estimate only. It does not take into account a number of factors including your individual application and any fees and charges which may be applied by a lender. But it’s a great start to ensure the Ducati model you’re considering is within your budget. ## **Pre-Approved Bike Loans** So only limited numbers of the new Hypermotard are due for Australia. Got your heart set on scoring one, so how can you make it happen? How about organising a pre-approved bike loan. Speak with Jade Bike Loans and have your bike loan application processed based on the price estimated. Once approved, you know you’re set so you can contact the dealer and confidently place your order. When the bike arrives on Aussie shores, you simply contact your Jade consultant to finalise the loan so you can be one of the first to take delivery. Too easy! **To discuss a loan for your new Ducati, contact Jade Bike Loans and one of our consultants will assist you. Call 1300 000 003** **Categories:** Bike Buying Articles --- ### [Showcase: Triumph Motorcycles](https://www.jadebikeloans.com.au/blog/bike-buying-articles/showcase-triumph-motorcycles) **Published:** July 5, 2020 **Author:** Publisher **Content:** Driven to make the best motorcycles in the world since they started in 1902, [Triumph Motorcycles](https://www.triumphmotorcycles.com.au/) is steeped in heritage and tradition. Models from this esteemed UK manufacturer are highly sought after by discerning Australian riders and collectors of fine, classic motorcycles. Product design is key to all new Triumph motorcycles and the company makes it a practice to actually listen to riders to know what they want in the perfect ride. In Australia, the Triumph range includes a great collection in a number of categories including Adventure, Roadster, Modern Classic and the Rocket 3. New to the line-up in the adventure category is the Triumph Tiger 900 which is sure to excite the Triumph enthusiast. ## **Triumph 900: Spotlight** An all-new, 900cc triple engine bike with state-of-the-art tech is a an all-rounder with an exceptional standard of spec. The new chassis is designed to deliver agile handling in a lightweight modular frame. Cooling performance is improved with the twin radiator and rider comfort is enhanced courtesy of the narrow stand-over. For those wanting to go further on their 900 adventures, and who doesn’t after the extended COVID-19 lockdown, you’ll appreciate the larger 20 litre fuel tank. Triumph has catered for a range of riding surfaces in the all-new 900 by including two riding modes – for rain and road. This enables the rider to alter the traction settings to suit the surface and achieve better control. The 900 is available in four models – the base model, the 900 GT and 900 Rally. The GT is designed for road adventures while the Rally will attract attention from those looking to take their adventures off-road. To discover the delights of that raspy deep roar, head to your Triumph dealer for a test ride. Before you go, speak with a Jade Bike Loans consultant to arrange your pre-approved bike loan. ## **New Triumph Street Ripple** New in the Roadsters category is the Street Triple, available in RS, R and S models. Designed to deliver triple the fun for the everyday rider, whether on the road or on the track. The Street Triple RS has a 765cc updated triple engine while the R model is the new mid-spec in the range. The Street Triple S allows LAMS riders to enjoy the Triumph experience. This LAMS compliant model delivers fun with attitude and dynamic riding for every day journeys. ## **Modern Classics: New Thruxton RS** Continuing the legend that is the Thruxton café racer, the new RS in the range pushes performance and capability to new levels. A 1200 cc engine, matt storm grey and silver ice colour choices, sports-focussed chassis and tubular steel cradle frame are just some of the specs to note. The engine upgrades combine to deliver 20% reduction of inertia in what is a very thrilling ride. Attention to details such as the magnesium cam cover have achieved savings in overall weight so the RS is 6kgs lighter – no covid kilos here! For riders covering all conditions, a touch of a button now allows the riding mode to be changed with 3 modes available – rain, road and sport. If the new [Triumph Thruxton RS](https://www.triumphmotorcycles.com.au/motorcycles/classic/thruxton-rs/thruxton-rs) is on your must-have list, flick over to the Jade Bike Loans Calculator for a rough ballpark on monthly repayments. If you truly want a classic Triumph, check out the Bonneville models currently available on the Triumph Australia website. The existing and the new Triumph models continue to excite and enthral long-time enthusiasts and attract new generations of riders to this iconic UK brand. ## **New Partnership** Triumph in the UK have announced that the company is partnering with the production company producing the 25th James Bond movie. Several models including the Tiger 900 and Scrambler 1200 are being specially prepared and configured to the film production stunt team requirements for the action sequences. Triumph will no doubt add even more excitement to the Bond film tradition. ## **Triumph Motorcycle Loans** What will add even more excitement to your Triumph motorcycle purchase is a [cheap bike loan](/) from Jade Bike Loans. With interest rates at current historically low levels Jade can offer the best deals on motorbike loans. Our offerings rarely need an upgrade as our loans are always premised on the best interest rates and the cheapest loans. If you’re considering a Triumph for your private use, the [Secured Bike Loan](/secured-motorcycle-loans) is the most popular form of loan type. Your Jade consultant will negotiate the cheapest rates and tailor the loan to your budget, with a fixed loan term and fixed monthly repayment. Your repayments will stay the same for the entire term of your loan. If your Triumph will be your work vehicle, we offer the full range of commercial finance products including Motorcycle Leasing, Chattel Mortgage and CHP. To get on your new Triumph ASAP**, contact Jade Bike Loans to get your bike loan sorted. Call 1300 000 003** **Categories:** Bike Buying Articles --- ### [New Models: Suzuki V-Strom 1050 and Honda CMX 500](https://www.jadebikeloans.com.au/blog/bike-buying-articles/new-models-suzuki-v-strom-1050-and-honda-cmx-500) **Published:** July 16, 2020 **Author:** Publisher **Content:** Motorcycle enthusiasts eagerly, but not always patiently, await the arrival of new models into the market and 2020 is a great year for upgrades and new releases. In this article we bring to your attention two new models from two iconic bike manufacturers – Suzuki and Honda. Holders of multiple trophies in many different classes and making regularly appearances on the podium at circuits around the world. In Australia, Suzuki and Honda and favourites with local riders – both on road and off road – and both offer high quality machines and great value for money. The value of the machines is enhanced when purchased with a Jade Bike Loan at our cheap interest rates. Check out these overviews, visit the manufacturer websites for more details and get your loan organised. ## **The Wait is Nearly Over for V-Strom 1050** For Suzuki fans the wait is over with the release date for the new V-Strom 1050 in Australia announced – drum roll – 13 August 2020. The V-Strom has attracted attention across the globe since its 2002 inception as owners embraces the convenience, reliability, comfort and all round riding pleasure they receive for the price point. So it was with great fanfare that Suzuki revealed the all-new 1050 at the International Motorcycle and Accessories Exhibition in November 2019. Fans have had a long wait but the manufacturer and the specs list, are promising the wait will have been worth it. With the standard model featuring a RRP under $18K in a stunning glass black colour palette there’s sure to be a line at Suzuki dealerships for a test ride. The XT model, the cross touring variant, is available in three colours, some inspired by their Paris-Dakar racers. The XT will set you back a little more coming in just under $21K RRP. For more info visit [Suzuki Motorcycles](https://www.suzukimotorcycles.com.au/) and then head straight to our [Bikes Loan calculator](/finance-calculator) to work out a rough ballpark on the monthly repayments and see how the two models compare. Remember, these estimates are just ballparks, not firm quotes. But using the calculator to compare different price models is exactly one of the key reasons we provide this tool. To be one of the first owners of a new V-Strom in the country, contact Jade Bike Loans ahead of time and organise your pre-approved bike loan. ## **Honda CMX 500 Gets an Impressive Upgrade** After making its debut only a few years ago, the Honda CMX 500 has received some remarkable upgrades for the new decade. It’s still a learner licence compliant ride with the bobber styling and timeless features but now with the 2020 model has a LED lighting package, a slipper/assist clutch pull and a new suspension. For those that want the top of the range, Honda has added the S Edition into the mix. This has factory-fitted accessories such as all-black fork covers and gaiters, headlight cowl and diamond-stitch style seat. The CMX is a very versatile model with a twin-cylinder engine, cast aluminium wheels and 11L fuel tank capacity. The styling is chic and cool and blacked-out to the max. For convenience, there are new indicators on the instrument panel and optional passenger seat that simply bolts on when required. Honda state that the new S Edition showcases a new direction for the CMX and no doubt riders will be keen to take delivery of the 2020 models. [Honda has a large dealer network so you can check out which of the CMX models will be your new ride](https://motorcycles.honda.com.au/). But before you head into the dealership, contact [Jade Bike Loans](/) and organise your pre-approved bike loan. ## **Getting in First for New Bike Models** Are you the rider that is always first in your group or club with the new model? Or are you the one that seems to always be following the crowd and turns up later because it took you too long to get organised? Well here’s our tip to speed up your purchase of a new motorcycle model when it comes onto the Australian market – a pre-approved bike loan. A pre-approved bike loan through Jade Bike Loans is easy to organise and makes a whole lot of sense whether you’re buying a brand new bike or a second-hand machine. The process is the same as applying for a bike loan except you go through the stages before you decide on the bike. Normally you would hit the dealership, test ride, sort out your options and accessories package, dealer writes up the purchase order and THEN you apply for your loan. With a pre-approved bike loan you reverse the process. First, you contact Jade Bike Loans and have your bike loan quoted and then approved, based on a dollar value of what you think the bike will cost you. With your finance sorted, you saunter into the dealership, do your negotiations and sign the sale contract then and there. You save time and you get to negotiate with the seller on price from a more confident position. **To discuss a bike loan on a 2020 model, speak with a Jade Bike Loans consultant at 1300 000 003** DISCLAIMER: THE INFORMATION PROVIDED IS FOR GENERAL CONSIDERATION. ANY REFERENCE TO OFFICIAL GOVERNMENT POLICIES HAS BEEN SOURCED FROM AUSTRALIAN GOVERNMENT AND STATE GOVERNMENT SOURCES. INFORMATION ON INDIVIDUAL VEHICLE SPECS IS SOURCED FROM THE MANUFACTURER WEBSITE. NO LIABILITY IS ACCEPTED FOR ANY ERRORS IN THE *PRESENTATION OR INTERPRETATION OF THE FACTS AS PROVIDED BY THESE SOURCES. WE ADVISE ALL INDIVIDUALS AND BUSINESSES TO REFER TO THEIR ACCOUNTANT OR FINANCIAL ADVISOR FOR PROFESSIONAL ADVICE SPECIFIC TO THEIR INDIVIDUAL CIRCUMSTANCES.* **Categories:** Bike Buying Articles --- ### [BMW Motorrad – The Leader to Follow](https://www.jadebikeloans.com.au/blog/bike-buying-articles/bmw-motorrad-the-leader-to-follow) **Published:** July 18, 2020 **Author:** Publisher **Content:** When it comes to motorcycles, the names don’t come much bigger than BMW. Over 90 years of brand heritage and a cult-like following with motorcycle enthusiasts across the globe. In Australia, [BMW Motorrad](https://www.bmw-motorrad.com.au/en/home.html#/filter-all) machines are seen in urban environments, around our major cities and towns but it’s out on the open road where most BMW owners long to be. Putting these awesome machines through their paces on the freeways and motorways or leaning into every corner on a winding country road. The current range of BMW Motorrad machines covers all types of riders and all riding purposes and conditions with Heritage, Sport, Roadster, Tour, Adventure and Urban Mobility collections. ## **Sport Models** The BMW Sport models include the [S 1000 RR](https://www.bmw-motorrad.com.au/en/models/sport/s1000rr.html) and [R 1250 RS](https://www.bmw-motorrad.com.au/en/models/sport/r1250rs.html) models. The 1000RR is akin to a redefined superbike. The latest model, 10 years after the first RR was released, takes riding to new levels with reduced weight and increased performance. The RR is available in three colour choices which enhance the sport styling and the new suspension technology makes for a lighter bike. You’ll appreciate the ergonomically designed seating position, especially on longer rides and for the circuit, a few simple steps and she’s ready for the grid. ## **Heritage Collection** In the Heritage collection we spied the [BMW nineT Scrambler](https://www.bmw-motorrad.com.au/en/models/heritage/rninetscrambler.html) with its rugged looks and reminder of the scrambler era. This model is available in 3 very interesting colour combinations and there is a great collection of off-road options available to take you confidently off the bitumen. Telescopic forks, raised exhaust, round headlamp and analogue display speedo give this the heritage look with today’s performance. Purchase your nineT Scrambler with a cheap bike loan from Jade Bike Loans to ensure you max out the value. ## **Adventure Range** In the BMW Adventure range, you’ll have to test ride the top of the range [R 1250 GS](https://www.bmw-motorrad.com.au/en/models/adventure/r1250gs.html) – a must do! This bike is built to take on the challenges presented by conditions, the route you select and the destinations you arrive at. This is an enduro master at its best. The new model has the capacity increase – 1254cc – the new ShiftCam by BMW engine for better efficiency and improved control. BMW are great with offering a range of colour options with their models so you have the opp to semi-customise your machine to suit your personality. The R 1250 RS Adventure is available in Ice Grey, the racing colour style of the red, white and blue metallic and a unique taupe/bronze metallic which the company have name Kalamata. You’ll enjoy two riding modes, ASC and ABS as well as hill start control, 30L fuel tank capacity and a number of comfort features. Smoother, more balanced running and significant sprint characteristics are just a few more reasons to consider this machine as your next bike. ## **The Urban Rider** If you’re needs are more urban than adventure, BMW has catered for you with their Urban Mobility range. We singled out the [C400X](https://www.bmw-motorrad.com.au/en/models/urban_mobility/c400x.html) from this range for special mention. A mid-sized scooter which has a more dynamic styling than you would expect in a scooter. Manoeuvring around the city has never been this enjoyable as this model includes BMW’s TFT connectivity so you ride to your own music soundtrack. Just don’t get distracted or block out sounds that alert to road issues – safety first always. Once again, three great colour choices – a teal blue, very crisp white with subtle red trim and classic black metallic. Sure to make a statement as you just get about doing your job. Also in the BMW current range is the Tour collection which includes the massive [K 1600 B Grand America](https://www.bmw-motorrad.com.au/en/models/tour/k1600-grand-america.html) for the ultimate long-term tour and the fun and sporty Roadster models. ### **Sourcing a Cheap Loan for a BMW Motorcycle** Whichever of the BMW Motorrad motorcycles you choose as your next ride, Jade Bike Loans can source you a quote on [cheap bike finance](/). If you’re unsure of which model and your final decision is price-based, contact us for pre-approved finance. We source you a quote prior to you making your bike purchase so you know what your monthly repayments will be and have the confidence to proceed with the deal. The most popular type of bike loan is the [Secured Bike Loan](/secured-motorcycle-loans). - The bike is used as security against the loan. - Jade’s cheap interest rates. - Interest rate is fixed for the loan term. - Loan term is fixed. - Monthly repayments are fixed for the loan term. - Extra payments are permitted. - Minimal break fees if you payout the loan before the end of the loan term. The loan process is streamlined as your consultant does the work and even handles the paperwork. Fast approvals are available and prompt settlement. So start browsing online and find a dealer for a test ride. **To discuss a BMW bike loan, speak with a Jade Bike Loans consultant at 1300 000 003** DISCLAIMER: THE INFORMATION PROVIDED IS FOR GENERAL CONSIDERATION. ANY REFERENCE TO OFFICIAL GOVERNMENT POLICIES HAS BEEN SOURCED FROM AUSTRALIAN GOVERNMENT AND STATE GOVERNMENT SOURCES. INFORMATION ON INDIVIDUAL VEHICLE SPECS IS SOURCED FROM THE MANUFACTURER WEBSITE. NO LIABILITY IS ACCEPTED FOR ANY ERRORS IN THE *PRESENTATION OR INTERPRETATION OF THE FACTS AS PROVIDED BY THESE SOURCES. WE ADVISE ALL INDIVIDUALS AND BUSINESSES TO REFER TO THEIR ACCOUNTANT OR FINANCIAL ADVISOR FOR PROFESSIONAL ADVICE SPECIFIC TO THEIR INDIVIDUAL CIRCUMSTANCES.* **Categories:** Bike Buying Articles --- ### [Showcase: Sherco Motorcycles](https://www.jadebikeloans.com.au/blog/bike-buying-articles/showcase-sherco-motorcycles) **Published:** July 25, 2020 **Author:** Publisher **Content:** With the long-term, household names like Yamaha, Kawaski, Honda, Harley and others dominating the motorcycle manufacturing industry, it’s extremely rare, but refreshing to welcome a new brand onto the scene. Welcome – [Sherco Motorcycles](https://www.sherco.com.au/). Well, maybe not that new – Sherco has been around since 1998 but that is relatively young when many other bike manufacturers have a heritage in the biz dating back a very very long time. The company is French and has manufacturing facilities in both Spain and France. As an independent company, Sherco has control over the pace of its development and strategy and that strategy is proving quite a success if the growth in popularity of the brand is a good guide. In just those 15 years, Sherco has built a business with their motorcycles now sold in over 50 countries. ## **The Sherco Range** Sherco produces bikes in two categories: enduro and trial with the current range including around 20 vehicles, so riders have plenty of options to choose the Sherco that best suits their riding style. The trial bikes feature 2-stroke motors with models from 80cc to 305cc. The endure range are the 4-stroke models in the 210cc to 510cc class and also several 2-strokes in the 50cc to 300cc category. ## **450 SEF-R** The 450 SEF-R is a desert racing machine in the enduro category. A 450cc 4-stroke with a powerful yet smooth engine. Notable mentions for the 2021 model include a number of features being lightened – sprockets on the balancer and starter inner pinion and the oil pump gear. In fact, this model has a 500g reduction in total engine weight. The racing graphics kit is awesome and set off superbly with the black seat, frame protectors, grips and other features. Worth a look! ## **250 FST Trials** Also catching our eye is the 250 FST in the trials category. A 250cc with 2-stroke engine, with 5-speed sequential gearbox, kick start, stainless steel header pipe and more impressive specs. For 2020 the 250 comes out in a new grey frame and graphics, aluminium tech fork and Reiger shock. ## **300 FST Anniversary Edition** For genuine Sherco fans, the 20th anniversary model of the 300 FST is sure to become highly sought after. From the trials category this is a 2-stroke, 300cc bike with grey frame, special graphics and real attitude. Sherco offers a great range of accessories and gear to match each bike so you can get suited up with all the right protective equipment in the brand colours. The company hosts exciting ride days for Sherco owners, organised through the dealers, but most will have to be postponed for 2020 due to COVID-19. But keep an eye on the website for upcoming events and stay in touch with your local Sherco dealer for other news from this exciting off-road bike manufacturer. When checking out the Sherco range online, make sure you have the Jade Bike Loans calculator open in another web browser to also check out rough estimates on repayments on the different models. While the calculator is only to be used as a guide for possible repayments as it can’t allow for fees and charges or other factors around your individual application, it’s a great way to see how repayments vary from one bike to another. ## **Buying a Sherco Motorcycle** [Sheerco bikes are sold through dealers](https://www.sherco.com.au/dealers) in the ACT, NSW, Queensland, South Australia, Tasmania, Victoria and Western Australia. To be prepared before you head into the dealership to talk deals, first talk to Jade Bike Loans about a pre-approved [bike loan](/). Having a bike loan sorted ahead of time can give you greater confidence in negotiating the price as well as giving you a clear indication of your budget. When arranging your loan quote with Jade, don’t forget to include an allowance for all the protective gear and equipment you’ll need to go with your Sherco. Including those costs in your bike deal with the dealer and in your bike loan will free up your cash for other purposes. ## **Loans for Sherco Motorcycles** Most Sherco bikes are purchased for personal use and Jade Bike Loans offers the [Secured Motorcycle Loan](/secured-motorcycle-loans) for this type of bike purchase. This type of loan has a straightforward format with fixed elements and with our Jade best interest rate policy – cheap repayments! - Jade’s cheap interest rates - Interest rates fixed for the entire loan term - The loan term is fixed - Fixed monthly payments that your Jade consultant will negotiate to meet your budget requirements. Organising a Jade Bike Loan for a Sherco is a simple process – just give us a call and we’ll get to work to source you a quote, then we can take it from there. **To discuss a motorbike loan speak with a Jade Bike Loans consultant on 1300 000 003** DISCLAIMER: THE INFORMATION PROVIDED IS FOR GENERAL CONSIDERATION. ANY REFERENCE TO OFFICIAL GOVERNMENT POLICIES HAS BEEN SOURCED FROM AUSTRALIAN GOVERNMENT AND STATE GOVERNMENT SOURCES. INFORMATION ON INDIVIDUAL VEHICLE SPECS IS SOURCED FROM THE MANUFACTURER WEBSITE. NO LIABILITY IS ACCEPTED FOR ANY ERRORS IN THE *PRESENTATION OR INTERPRETATION OF THE FACTS AS PROVIDED BY THESE SOURCES. WE ADVISE ALL INDIVIDUALS AND BUSINESSES TO REFER TO THEIR ACCOUNTANT OR FINANCIAL ADVISOR FOR PROFESSIONAL ADVICE SPECIFIC TO THEIR INDIVIDUAL CIRCUMSTANCES.* **Categories:** Bike Buying Articles --- ### [MV Agusta - Legendary](https://www.jadebikeloans.com.au/blog/bike-buying-articles/mv-agusta-legendary) **Published:** August 6, 2020 **Author:** Publisher **Content:** If you’re a rider that is not content with following the pack, if you want to stand out, make a statement and show your individuality, then chances are you’d be interested in a MV Agusta. Considered an exotic range of motorcycles, this Italian manufacturer has a mission to develop and manufacture the most advanced motorcycles with iconic design and class-leading performance. The company’s list of firsts is impressive including the 4 cylinder 750cc F4 launched in the 1990s and considered the first superbike. These are hand-crafted motorbikes. While manufacturing in most industries is becoming increasingly automated, MV Agusta is different. They have no automation in their factory. Every motorcycle is hand-crafted and assembled by their expert craftsmen. Even the paintwork is applied by hand. MV Agusta is definitely a very special motorcycle brand and Jade Bike Loans is ready to assist you acquire your own piece of motorcycle art with a great [motorcycle finance](/) on an Agusta. The brand was closely associated with racing in its early days. [Giacomo Agostini](https://www.motogp.com/en/riders/profile/Giacomo+Agostini) the legendary Italian motorcycle racer spent much of his illustrious career riding under the Agusta colours. The current range of MV Agusta available in Australia includes six model collections – Superveloce, F3, Rush, Brutale, Dragster and Turismo Veloce – with variants within some collections. We take a quick tour around a few standout bikes to heighten your interest in this innovative Italian motorcycle manufacturer. ## **The Brutale** The Brutale model was brought into the MV Agusta line-up in 2010s by then CEO Giovanni Castiglioni. The current Brutale line-up includes the 1000 RR, 800 Rosso and 800 RR. The 1000 is described by Agusta as the intensive hyper naked and has been designed to deliver the ultimate performance from the engine, electronics and chassis without the rider having to make as much effort. This bike features aerodynamic wings which no doubt assist in reaching the 300 kph top speed, fairings of a thermoplastic and carbon fibre material and a very impressive electronics package. If the Brutale is on your wish list, use the Jade Bike Loans calculator while browsing the different models for a rough ballpark on your possible loan repayments. ## **Agusta Superveloce** This Augusta bike is a 3 cylinder 800cc which takes inspiration in its design from the past to create a vintage look. It is available in choice of red and silver or carbon black and grey colour scheme which features bronze trims – very stylish, very Italian. While the Superveloce gives a nod to Agusta’s heritage, the tech and electronics are pure state of the art. The model features a compact engine, titanium components, steel tubular frame and so much more. This is one very good looking bike with performance to match. If you’re planning to head into an Agusta showroom for a close-up at a Superveloce – speak with a Jade consultant first for a quick quote on a [low interest motorbike finance](/motorbike-loan-interest-rates). ## **The F3** We have to mention the latest version of the famous F3. It’s now available in F3 800, 800 RC and 675. The 675 is sculptural in design which reflects the Agusta vision to create motorcycles which are works of art. Match your F3 with a bike loan especially structured to meet your specs by your Jade Bike Loans consultant and you’re ready for an amazing riding experience on both track and road. ## **Securing a MV Agusta Motorcycle** The Agusta Australian website details the specs and tech on each model in the range available in this country and contacts for dealers. Before heading straight to the dealership, speak with Jade Bike Loans about a pre-approved loan on the Agusta of your choice. This move can be extremely beneficial as it gives you the advantage when talking price and if you are offered other finance sources. Many bike dealers offer finance these days and it can be tempting to sign up for their loan while you’re finalising your bike sale. At Jade Bike Loans, we can in most cases, offer you a much better bike loan than that offered through such other sources. In many instances, dealer-referred finance includes higher costs such as commissions. We also don’t like being beaten when it comes to our cheap interest rates. That’s the chassis that makes our overall bike loan deals much better performers. With a pre-approved Jade bike loan you are organised in advance, know your budget and can order your MV Agusta to suit your loan amount. Agusta is known as somewhat of an exotic motorcycle manufacturer. While not as well-known as many of the major brands, some banks and lenders may be less inclined to offer their cheapest loans on these bikes. With our knowledge and experience in bikes, we know the brand and with our large number of banks and lenders we have more options to source you the best loan deal on an Agusta. **To discuss a cheap bike loan for a MV Agusta motorcycle speak with a Jade Bikes Loans consultant 1300 000 003** DISCLAIMER: THE INFORMATION PROVIDED IS FOR GENERAL CONSIDERATION. ANY REFERENCE TO OFFICIAL GOVERNMENT POLICIES HAS BEEN SOURCED FROM AUSTRALIAN GOVERNMENT AND STATE GOVERNMENT SOURCES. INFORMATION ON VEHICLES IS QUOTED FROM THE MANUFACTURER’S WEBSITE. NO LIABILITY IS ACCEPTED FOR ANY ERRORS IN THE *PRESENTATION OR INTERPRETATION OF THE FACTS AS PROVIDED BY THESE SOURCES. WE ADVISE ALL INDIVIDUALS AND BUSINESSES TO REFER TO THEIR ACCOUNTANT OR FINANCIAL ADVISOR FOR PROFESSIONAL ADVICE SPECIFIC TO THEIR INDIVIDUAL CIRCUMSTANCES.* **Categories:** Bike Buying Articles --- ### [Hankering for a Harley?](https://www.jadebikeloans.com.au/blog/bike-buying-articles/hankering-for-a-harley) **Published:** August 18, 2020 **Author:** Publisher **Content:** Head out on the highway, looking for adventure – the legendary lyrics of Steppenwolf’s Born to Be Wild was the song which defined a generation of counter culture and the soundtrack for what is arguably (small concession) one of THE greatest motorcycle movies ever – Easy Rider. Most motorcycle enthusiasts hanker for the highway and many hanker to hit that highway on a [Harley-Davidson](https://www.harley-davidson.com/au/en/index.html). The bike brand used in the movie. Jade Bike Loans can turn that hankering into a reality with a [cheap motorbike finance](/) deal on a Harley-Davidson. ## **How about a Harley-Davidson Trike?** If you’re planning on long rides and extended touring on your Harley a la Easy Rider, then one of the amazing [2020 Harley-Davidson Trike models](https://www.harley-davidson.com/au/en/motorcycles/trike.html) might just be the ride for you. A trike is a head-turner and Harley offer three models – the Freewheeler, Tri Glide Ultra and the CVO Tri Glide for 2020. Riding a three wheel motorcycle is a different experience to riding a two wheeled bike in many aspects. The upright riding position is ideal for long rides. Not only does it ease pressure on the rider’s back but allows you to take in the scenery as your ride. Your passenger also rides in comfort with a backrest included. Clearly obvious is that the trike is wider and riders will need to adjust their normal riding style in relation to the bike in the road. Staying in the middle of the lane is recommended. It may also take time to adjust to the upright riding position, and the different steering action. You’ll notice that the centre of gravity differs from 2 to 3 wheel bikes and the inertia pulls the rider in a different direction. Harley-Davidson provide an informative video on their website covering some of the basics of 3 wheel riding and for some riders, it may be advisable to seek out a training course to master the motion before you hit the highway. ### **Freewheeler** [The Freewheeler model](https://www.harley-davidson.com/au/en/motorcycles/freewheeler.html) has the raw attitude that trike owners are seeking with bold design and hot rod cruiser styling. The power is delivered courtesy of the company’s trademarked Milwaukee Eight 114 V twin engine. Available in a number of colours to truly customise to suit your own attitude. ### **Tri Glide Ultra** If you’re planning extra long weekends on your trike or why not make it your annual holiday, the [Tri Glide Ultra](https://www.harley-davidson.com/au/en/motorcycles/tri-glide-ultra.html) could be the bike to make that experience even more enjoyable. This is a complete package in a touring trike with plenty of power, comfort features and that iconic H-D style and attitude. To enhance your ride, this model has the company’s infotainment package included. ### **CVO Tri Glide** For top of the range, pure premium touring and amazing comfort, why not consider the [Harley-Davidson CVO Tri Glide 2020 model](https://www.harley-davidson.com/au/en/motorcycles/cvo-tri-glide.html). Available in striking blizzard white or understated black stardust with red trims, this trike is the ride that is sure to have you planning extended holidays on the road. The large trunk allows you to take sufficient supplies for a holiday. All Harley-Davidson trikes are fitted with the company’s defensive rider systems which feature new technologies to provide great confidence and control to the rider. ## **Securing your Harley-Davidson Trike** With the coronavirus pandemic looking like having long-term impacts on interstate travel plans, a trike might be a great purchase for a scenic holiday on the highway experience. All Australian states and territories have amazing regional areas to explore and lesser-known roads to get off the main drag and enjoy the quieter backroads. So now could be the time to get moving and Jade Bike Loans is ready to assist with your purchase. First up, use our [Bike Loans Calculator](/finance-calculator) to get a rough estimate on what your monthly bike loan repayments may be on the different Harley-Davidson 2020 trike models. Next, contact Jade Bike Loans for a quick quote and a pre-arranged bike loan. We can of course arrange your loan after you’ve done the deal with your Harley dealer, but pre-arranged finance can have significant benefits. You know ahead of time what you’ll be up for on the various models, can plan the options and accessories you may like to add to customise your bike, you’ll be in a position to act quickly on committing to a purchase and getting your trike faster and you’ll have an offer in your back pocket to compare immediately with any dealer finance offered. We consider we can do you a much better bike loan deal than most dealers because we don’t like to be beaten when it comes to interest rates. We have our cheap bike loans rep to maintain and we work hard at keeping that intact. ## **What We Can Offer – Trike Loans** Jade Bike Loans offers cheap bike loans on the full range of Harley-Davidson motorcycles. Our bike loans include our better interest rates commitment, fixed monthly repayments and fixed loan terms. So you can lock in your Jade trike loan and head out on the highway relaxed in the knowledge that your loan is sorted at a fixed interest rate for the long term. So if you’re looking for adventure on a Harley trike, first look to Jade for a cheap trike loan. **For a cheap trike loan, speak with a Jade Bike Loans consultant at 1300 000 003.** DISCLAIMER: ALL INFORMATION PRESENTED IN THESE ARTICLES IS FOR GENERAL INFORMATIONAL PURPOSES AND BUSINESSES AND INDIVIDUALS SHOULD SEEK INDEPENDENT FINANCIAL ADVICE IN REGARD TO THEIR OWN FINANCIAL DECISIONS AND CIRCUMSTANCES. DETAILS ON GOVERNMENT MEASURES, POLICIES AND GUIDELINES AND VEHICLE DETAILS AND SPECS HAVE BEEN SOURCED FROM PUBLICLY AVAILABLE WEBSITES AND SOURCES. LIABILITY IS NOT ACCEPTED FOR ERRORS IN THE *INTERPRETATION OR PRESENTATION OF ANY FACTS AND DETAILS FROM THIRD PARTIES. WE ADVISE INDIVIDUALS TO CHECK DETAILS DIRECTLY AT THE THIRD PARTY SOURCE IF REQUIRED.* **Categories:** Bike Buying Articles --- ### [Ready to ride a Royal Enfield?](https://www.jadebikeloans.com.au/blog/bike-buying-articles/ready-to-ride-a-royal-enfield) **Published:** August 26, 2020 **Author:** Publisher **Content:** Many motorcycle riders like to make a statement. Owning a rare or less common bike, customising their ride and acknowledging the rich history of motorcycle riding. If you’re interested in buying a new bike that is quite different from many on the street, a classic, a little bit retro with a nod to history but in a totally contemporary package then take a look at the [Royal Enfield](https://royalenfield.com.au/) collection. Tagged as the oldest motorcycle brand in the world which can boast continuous production throughout its lifetime, Royal Enfield is manufactured in India but with a deep and rich British heritage. It all started in Worcestershire, England as the Enfield Cycle Company way back and the ‘royal’ was added in 1890 when the company was officially licensed by the English ‘Crown’. The connection with India also has a history going back to 1949 when Royal Enfield bikes were sold in that country. In 1955 the Indian Government decided on the Royal Enfield Bullet as the ride for their police force and a manufacturing partnership was established between the two countries. These days Royal Enfield has a technology centre in the UK and manufacturing facilities in India. The Royal Enfield collection is contemporary in tech but retro in styling, giving the models quite a unique look. ## **The Collection** The current collection of Royal Enfield models available in Australia covers quite a range of engine capacities and styles so many riders may find a bike that suits their style. The Royal Enfield Australian website details the models with recommended prices published. So you can use our [Bike Loans calculator](/finance-calculator) for a rough repayments estimate on each model to get an idea how your Jade loan may shape up. ### **Bullet 500** The Bullet is the iconic model in the Royal Enfield line-up and the latest styling reflects the timeless design of this classic but with a new 500 cc engine. It may be a nod to the past but this Bullet has the modern engineering advances to deliver superior power and better fuel economy. [See Full Range](https://royalenfield.com.au/all-models/) ### **The 650 Twins** From the heritage collection to the latest releases – [the 650 Twins](https://royalenfield.com.au/range/650-twins/) – Interceptor 650 and Continental GT 650. These bikes feature the company’s renowned parallel twin cylinder engine, feature classic 60s design but in what the company describes as a forward looking package. The Twins have the classic upright riding position in a nimble and agile machine with a laid back attitude. The Continental 650 has evolved from the GT 535 which itself evolved from the original café racer, the GT 250. The Twins are tagged as a blast from the past. ### **Himalayan** The [Himalayan is Royal Enfield’s versatile off-road](https://royalenfield.com.au/range/himalayan/), single cylinder, 400cc model which is built to take you on many journeys on many surfaces. The height of the seat is distinctively low to cradle the rider and the foot pegs and handlebars are designed to work in sync with the rider. ### **Classic 350 and 500** If you like total old school, the [Classic 350](https://royalenfield.com.au/range/classic-350-range/) or the [Classic 500](https://royalenfield.com.au/range/classic-500-range/) could be the bike for you. The design reflects post-war styling but with very much today’s engine with choice of 350 cc or 500 cc and the latest technology. LAMS approved and real head-turners, the Classics are expected to be quite the coveted machines in the Royal Enfield line-up. ### **Bullet Trials** This works replica has been manufactured in homage to Johnny Brittain, the 18 year old that rode for Royal Enfield back in the 1950s. Toda’s version is built for both on and off road action with block tread patterned tyres, ABS and the grip and power to handle all terrains. ## **Adding a Royal Enfield to Your Line-up** Which Royal Enfield model suits your riding style? With a [cheap bike loan](/) from Jade Bike Loans, we can make any of these remarkable bikes suit your lifestyle. Your Jade consultant will work with your and negotiate on your behalf with our lenders to source you the best loan for your requirements. - Cheap interest rate bike loans - Fixed interest rate loans - Fixed monthly repayments to work with your budget - Loan term fixed so you can plan your Royal Enfield rides for years ahead No need for you to take time out of your schedule to mess around with talking to multiple banks and finance companies to get bike loan quotes. Just like the retro personalised, customer service of the old days, with a nod to Royal Enfield, your Jade consultant actually handles the entire process for you. Simply call Jade and give the details of the Royal Enfield bike you’re considering and the information required for your loan application and your consultant will take it from there. Sourcing you the best deal without you having to do much at all. So why wait? Give us a call and see what deal Jade Bike Loans can source for your Royal Enfield. **For a cheap loan on a Royal Enfield motorcycle, speak with a Jade Bike Loans consultant 1300 000 003.** *DISCLAIMER: THE PURPOSE OF THE INFORMATION PRESENTED IS FOR GENERAL INFORMATION AND NOT INTENDED AS FINANCIAL ADVICE AND SHOULD NOT BE USED AS THE SOLE SOURCE FOR MAKING FINANCIAL OR PURCHASE DECISIONS. THOSE WHO FEEL THEY REQUIRE ADDITIONAL GUIDANCE SHOULD SEEK OUT THE ASSISTANCE OF AN INDEPENDENT, PROFESSIONAL FINANCIAL ADVISOR. ALL DETAILS, INFORMATION, FACTS AND SPECS IN REGARD TO GOODS AND SERVICES AND IN REGARD TO GOVERNMENT POLICIES AND MEASURES HAVE BEEN SOURCED DIRECTLY FROM RESOURCES IN THE PUBLIC DOMAIN. NO LIABILITY IS ACCEPTED IN REGARD TO THE PRESENTATION OR THE INTERPRETATION OF THIS INFORMATION. IF INDIVIDUALS REQUIRE VERIFICATION, WE ADVISE THEM TO REFER TO THE THIRD PARTY RESOURCE.* **Categories:** Bike Buying Articles --- ### [Time to get your hands on a Harley?](https://www.jadebikeloans.com.au/blog/bike-buying-articles/time-to-get-your-hands-on-a-harley) **Published:** September 9, 2020 **Author:** Publisher **Content:** From just about any angle you look at it, 2020 has been a pretty ordinary year. Apart from the devastating health impacts of COVID-19, the lockdowns and shutdowns have left many riders spending way too much time off the road. Motorcycle riders love to ride and we’re sure that many of you can’t wait for restrictions to be lifted so you can get out and get a massive blast of fresh air with a ride in the direction and as far as you want to go. So how about getting out on the street on a new street bike from [Harley-Davidson](https://www.harley-davidson.com/au/en/index.html)? The iconic, the classic, the legendary brand is one of, if not THE, most well-loved motorbike badge on the market. At [Jade Bike Loans](/), Harley-Davidson is one of the most popular brands across our customer base and we consistently achieve cheap bike loans for our Harley buyers. Why not ‘kick 2020 to the kerb’ with a brand new 2020 model Street bike from Harley-Davidson? Let’s check out the range. ## **Harley-Davidson Street Range** The Street collection has the attitude and agility that you need to weave your way through the city and the power and comfort to take on the highway ‘outta town’. The Harley-Davidson 2020 models in their Street range include:- - [Street 500](https://www.harley-davidson.com/au/en/motorcycles/2020/street-500.html): This 2020 model is promoted as a great bike for beginning and new riders. A motorcycle which has the power and performance for new environments and new riders and is equally a bike for the most experienced rider. A 500cc with upright riding position, low seating dimensions and mid-mount pedals. - [Iron 883](https://www.harley-davidson.com/au/en/motorcycles/iron-883.html): With a forward riding position and mid-weight 883cc power, this 2020 Harley is sure to be in the mix for buyers wanting the rumble of that infamous V-twin and the authentic styling that is truly Harley. - [SuperLow](https://www.harley-davidson.com/au/en/motorcycles/2020/superlow.html): Low-slung but with upright riding position, the 2020 SuperLow is a chopper with that easy riding feel. An 883cc bike for the commuter or those that want to escape the city traffic. - [Iron 1200](https://www.harley-davidson.com/au/en/motorcycles/iron-1200.html): If you’ve spent way too much time locked-down in the city and you’re yearning to get out of your city limits, this 1200cc model has the power to get you where you want to be. A chopper profile with bold styling reminiscent of earlier Harleys but with a totally ‘today’ dark finish. - [Forty-Eight](https://www.harley-davidson.com/au/en/motorcycles/forty-eight.html): With forward riding position and forward foot controls, this 1200cc is sure to attract attention. The ‘bulldog’ stance and the fat tyre style creates an amazing look and it’s backed-up with the smooth riding and sharp handling. Also available in the Forty-Eight Special model. - [1200 Custom](https://www.harley-davidson.com/au/en/motorcycles/1200-custom.html): This is an edgy chopper with factory-custom features that’s just screaming to take you beyond the lockdown (when permitted!) and on a great highway ride. This 1200cc model features the upright riding position, mid-mount pedals and a passenger seat so you can bring a friend on your journeys. Deciding which should be your new Harley-Davidson may be a difficult decision. If perhaps that decision is determined by price, our [Bike Loans calculator](/finance-calculator) may be a great assist. ## **Compare Prices via Repayments** This online device, available right here on our website, allows you to quickly generate rough estimates on loan repayments for any priced motorcycle you are considering. Enter the loan amount, terms you’re after and our low interest rate and you’ll instantly see a repayment estimate displayed. You can use the calculator, free, for as many bikes as you want, being mindful it is only an estimate and your actual loan repayments may be higher or lower than the calculator estimate. To find out exactly what your repayments will be on a Jade Bike Loan for your Harley of choice, just give us a call for a quick quote. ## **Time for a Cheap Bike Loan?** If it’s your time for a Harley-Davidson, then chances are, it’s time for a cheap Jade Bike Loan to make the purchase possible. As professional brokers, our loan options are not limited to just the banks and finance companies. We’re accredited with multiple lenders so we can dive deeper into the finance pool to catch you a much [cheaper interest rate and an overall better bike loan](/motorbike-loan-interest-rates). The most popularly used type of bike loan is the [Secured Bike Loan](/secured-motorcycle-loans). Simple format, easy to understand and for most applicants, easy to source through Jade Bike Loans. The lender uses your bike as security against the loan and you make fixed monthly repayments over the fixed loan term. Your Jade consultant makes the process easy by handling just about everything. Quite, application processing, finalising paperwork and even liaising with the dealer to get the sale done that bit faster. To add even more revs to your bike buying, ask your Jade consultant about a pre-approved loan so you are all sorted before you even speak with a dealer. **To discuss your options for a loan on a new 2020 Harley-Davidson Street model, speak with a Jade Bike Loans consultant at 1300 000 003.** DISCLAIMER: NO LIABILITY IS ACCEPTED REGARDING HOW THE INFORMATION ON MANUFACTURER GOODS AND SERVICES AND ANY GOVERNMENT POLICIES, GUIDELINES AND OTHER INFORMATION IS PRESENTED. SPECIFICATIONS AND FEATURES OF GOODS AND DETAILS OF OTHER ISSUES HAVE *BEEN SOURCED FROM PREDOMINANTLY ONLINE PUBLISHED SOURCES. NO LIABILITY IS ACCEPTED FOR ERRORS IN FACTS AND FIGURES OR INTERPRETATIONS. IN REGARD TO FINANCIAL DECISIONS, THE INFORMATION IS INTENDED FOR GENERAL PURPOSES. IT IS NOT INTENDED AND NOT TO BE TAKEN AS FINANCIAL ADVICE. INDIVIDUALS ARE DIRECTED TO REFER TO THEIR OWN FINANCIAL ADVISOR SHOULD THEY CONSIDER THEY REQUIRE PROFESSIONAL ADVICE SPECIFIC TO THEIR CIRCUMSTANCES.* **Categories:** Bike Buying Articles --- ### [What's happening with electric powered motorcycles?](https://www.jadebikeloans.com.au/blog/bike-buying-articles/whats-happening-with-electric-powered-motorcycles) **Published:** September 26, 2020 **Author:** Publisher **Content:** The move to electric vehicles in the motor vehicle sector has been happening and accelerating for many years The uptake by consumers is seeing an increased traction as more and more manufacturers introduce EVs and hybrids into their ranges. It’s no longer the exception but the accepted way for many motorists to make their contribution to the climate issue. [World champion F1 driver Lewis Hamilton](https://www.formula1.com/en/drivers/lewis-hamilton.html) was recently reported as saying that despite having many cars in his personal collection he chooses to drive his EVs. But while the car makers are taking massive steps into the electric field, what’s happening in the motorcycle sector? Doing some quick research into the area and clearly differentiating from e-bikes, it appears that in the Australian motorcycle market there is not much available. There are numerous scooters and quad bikes on the market, but the [Harley Davidson LiveWire](https://www.harley-davidson.com/au/en/motorcycles/livewire.html) appears to be one of the sole contenders in the true motorcycle category. Now if you’re going to be offered a limited choice in rides, having that limitation being a Harley is hardly a sacrifice. At Jade Bike Loans we like to stay across the market so we did some homework on our customers’ behalf on what the 2020 Harley-Davidson LiveWire is all about. ## **Check out the 2020 Harley-Davidson LiveWire** The LiveWire has all the looks of a Harley, it has the coveted badge and according to the manufacturer, will give you a new experience in your riding. The first thing most EV buyers want to know is how far will I get on a charge, the second thing is what are the charging options and coming in high in the q’s is how powerful is the electric option compared the petrol alternative. Based on info source in the Harley promo material, to answer the first query – the high voltage battery will give you 235 kilometres range in the city and the Revelation PM electric motor delivers torque of 116 Nm. There are several charging options:- - Connect to a standard household outlet with the Level 1 charger which is on-board the bike complete with the power cord. Apparently this fully charge overnight. - Visit a public Level 3 DC Fast Charge station for a fast charge. In 40 minutes this process will deliver an 80% charge or for the full 100% charge, it will take an hour. *(Grab a quick lunch or catch up on emails on your phone while you wait)* That all sorted, what features are stand-outs on the LiveWire? - Aggressive riding position - Mid-mount foot controls - Passenger seat - RSRS standard - Passenger seat - Instant acceleration - SHOWA suspension - Seven Ride Modes including 4 pre-programmed (sport, range, rain and road) and 3 for you to customise. - Tech is top shelf as you would expect and the LiveWire has a touchscreen display which can be customised with your nav, music and alerts. One of the issues which could make the LiveWire appealing to many buyers is the reduced amount of maintenance required with the electric motor. With the usual internal combustion engine models you have the spark plugs, oil and air filter to change regularly and other service reqs. With the electric motor those processes are eliminated. You will still need to service and maintain the brake pads and fluid, tyres of course and other mechanical items. But overall the maintenance is much lower with an electric motor. If you’ve never even considered and electric-powered vehicle of any sort – car or bike – with the global push towards reducing emission levels caused by petrol powered engines, it may be time to start thinking about an EV. And if you have to start somewhere, starting with a Harley-Davidson is a pretty sweet place. ## **EV Motorcycle Loan Options** When it comes to loans to purchase an electric-powered motorcycle, Jade Bike Loans offers the same loan products as for conventional powered bikes. - [Secured Motorbike Loan](/secured-motorcycle-loans) - [Unsecured Motorbike Loan](/unsecured-personal-loans) If your Harley-Davidson LiveWire is intended as your business vehicle and you are purchasing under your business, we offer the full range of commercial finance facilities:- - Chattel Mortgage - Leasing - Commercial Hire Purchase The interest rates, loan structures and terms and conditions available are the same for both electric and other powered motorcycles. Your Jade Bike Loans consultant will source you the [cheapest bike loan](/) at our trademark better interest rates for your LiveWire. All our bike loans, regardless of power unit, feature:- - Cheap interest rate which is fixed for the term of the loan - Fixed bike loan term - Fixed monthly repayments - Business loans also include the option for a balloon or residual If an electric-powered motorcycle, a Harley-Davidson LiveWire in particular, is on your purchase list, contact us for a quote on your loan. **For a quote on a loan for an electric motorbike, contact Jade Bike Loans at 1300 000 003.** *DISCLAIMER: ALL INFORMATION WHICH IS PRESENTED IN THIS ARTICLE IS INTENDED SOLELY FOR THE PURPOSE OF PROVIDING GENERAL INFORMATION. IT IS NOT UNDER ANY CIRCUMSTANCES INTENDED AS PROVIDING FINANCIAL ADVICE. FOR SPECIFIC FINANCIAL ADVICE ON INDIVIDUAL FINANCIAL CIRCUMSTANCES, READERS ARE ADVISED TO CONSULT WITH A FINANCIAL ADVISOR. NO LIABILITY IS ACCEPTED FOR INCORRECT OR OUT OF DATE DETAILS IN REGARD TO GOODS, SERVICES, POLICIES AND PROGRAMS MENTIONED IN THE ARTICLE. THE INFORMATION AND DATA QUOTED HAS BEEN SOURCED FROM PUBLICLY AVAILABLE SOURCES INCLUDING MANUFACTURER AND GOVERNMENT WEBSITES.* **Categories:** Bike Buying Articles --- ### [Support and Assists to Reduce Costs for Two Wheel Riders](https://www.jadebikeloans.com.au/blog/bike-buying-articles/support-and-assists-to-reduce-costs-for-two-wheel-riders) **Published:** September 30, 2020 **Author:** Publisher **Content:** Jade Bike Loans has been in the biz of reducing the costs of purchasing motorbikes for many years by offering [cheap bike loans](/) for a heap of riders. We concentrate on achieving the cheapest interest rates for our customers to reduce the monthly repayments on loans for a wide range of bikes. But we are well aware that our customers face additional expenses and our efforts can only go so far in reducing the overall cost of ownership for two wheel enthusiasts. So we are pleased to hear of the formation of an action group with the mission to lobby government in regard to reducing many of the expenses faced by motorcycle owners. We offer bike owners more choices from our lending panel and now there are more voices to work towards lower costs for riders. ## **Two Wheel Action Group** According to information we have sourced, the newly-formed Two Wheel Action Group comprises a broad cross-section of the industry include rider groups, importers, retailers and industry reps. The group’s high-profile ambassador is none other than one of Australia’s most beloved and respected former motorcycle racing legends, [Wayne Gardner](https://www.motogp.com/en/riders/profile/Wayne+Gardner). Wayne was the 1987 World 500cc Champion and his son Remy has followed in his father’s pedals and is also now racing bikes on the world circuit. The group’s mission, as stated on their website www.twag.org.au has specific objectives which include, but are not limited to:- - To achieve lower costs of rego and CTP for powered two wheel - To standardise across Australia, both rego and CTP - To incentivise the purchase of EV bikes with rebates similar to solar rebates - Make two wheels exempt from road and motorway toll charges - Allow free parking They want the costs charged to 2 wheel owners to better reflect the lower impact that this type of transport has on roads and infrastructure. The website also includes several videos with Wayne Gardner discussing the key issues and there is a petition which they invite people to sign to show support and assist with their lobbying efforts. The group is pushing the message that getting people moving on 2 wheels will assist the country get moving again after COVID-19 and that 2 wheeling can deliver significant benefits including reducing pollution, traffic congestion and commuting times and facilitate better physical distancing during the commute. ## **Cost Saving Ideas** While the TWAG gets their lobbying underway to support riders across Australia, we’ve sourced some other ideas that you can do right now which may contribute to lowering your operating costs:- - Reduce your costs by keeping up with maintenance to ensure your engine is operating at optimal to reduce your fuel costs. - Check out manuals and online tuition to see what procedures you can do yourself to save money at the workshop. - Do your research and learn to ride in a way that economises on your fuel consumption. - Ensure tyres are inflated to correct pressures for both safety and fuel consumption purposes. ## **Lowering the Cost of Acquiring a Bike** The price of a bike is one consideration of the purchase process. For many purchasers the over-riding factor however, is how much it will cost them in bike loan repayments each month. Also, in some cases, how much deposit they will need to pay upfront. That price tag in the bike shop means one thing but it’s not necessarily everything in terms of that bike purchase. To make bike ownership more affordable, Jade Bike Loans supports motorcycle buyers with a range of resources, assistance and genuine action in getting those repayments down. First up, is our [online bike loan calculator](/finance-calculator). To make it fast and easy to convert a price tag to a possible repayment, just use our DIY calculator. You simply input the price of the motorbike or the amount you want to borrow and how long you would like to pay it off with our current low interest rate and you’ll instantly see a rough ballpark on possible repayments. We say rough ballpark because this is a general calculating device and aspects of both your individual application and an individual lender’s fees and charges need to be factored in to achieve a firm quote. Next on the grid for our support is our personalised finance broking service. We’ll handle sourcing you the cheapest quote from across our lending panel which includes banks and non-bank lenders. Just leave it to your consultant to do the hard yards. They’ll negotiate on your behalf to get the lowest interest rate and best loan conditions. Key factors in ensuring your purchase is affordable based on your requirements. ## **What will the loan involve?** Whether it’s a top of the range tourer from [Harley-Davidson](https://www.harley-davidson.com/au/en/index.html), a dirt bike from Yamaha or Suzuki or a highly aspirational Aprilia or any other motorcycle brand, our Secured Bike Loan is the most popular loan option with our customers. Jade [Secured Bike Loan](/secured-motorcycle-loans) includes: - Jade’s trademark better interest rates which are fixed for the full term of the bike loan. - Fixed loan term which is negotiated to best meet your requirements. - Equal monthly repayments which are also fixed. - The allowance to make additional repayments to pay off the loan earlier. - Minimal break fees if you do pay off the loan prior to the completion of the loan term. Motorbikes offer many benefits compared with cars in regard to costs. Jade Bike Loans supports buyers with cheap loans to add to that list of benefits. **To discuss how we can assist with your motorcycle purchase, contact Jade Bike Loans at 1300 000 003.** DISCLAIMER: INFORMATION, DATA AND DETAILS OF GOODS, POLICIES AND PROGRAMS THAT ARE PRESENTED IN THE ARTICLE IS INTENDED SOLELY FOR THE PROVISION OF GENERAL INFORMATION. UNDER NO CIRCUMSTANCE IS THIS INFORMATION INTENDED AS THE PROVISION OF FINANCIAL ADVICE FOR ANY INDIVIDUAL AND/OR FOR THE PURPOSE OF MAKING SPECIFIC INDIVIDUAL FINANCIAL DECISIONS. FOR ADVICE ON INDIVIDUAL CIRCUMSTANCES, READERS SHOULD REFER TO A FINANCIAL ADVISOR. NO LIABILITY IS ACCEPTED FOR ERRORS, INCORRECT DETAILS OR INCORRECT PRESENTATION OF DETAILS OF GOODS, PROGRAMS, SERVICES, ETC. *AS PRESENTED. THE INFORMATION HAS BEEN SOURCED IN GOOD FAITH AS GENERAL INTEREST AND INFORMATION FROM MANUFACTURER, SUPPLIER AND GOVERNMENT WEBSITES.* **Categories:** Bike Buying Articles --- ### [Bringing it In: Budget Tax Cuts & Buying a Bike](https://www.jadebikeloans.com.au/blog/bike-buying-articles/bringing-it-in-budget-tax-cuts-buying-a-bike) **Published:** October 16, 2020 **Author:** Publisher **Content:** When the [Federal Treasurer Josh Frydenberg](https://ministers.treasury.gov.au/ministers/josh-frydenberg-2018) finally brought down the 2020-21 Federal Budget in Parliament on 6 October, it may have felt a little like ‘old news’ as so much had been pre-empted. A number of the key measures were covered in the pre-budget announcements by both the Treasurer and the Prime Minister in the weeks prior and some of the changes to income tax had already been legislated. But there were still new announcements which represent possibly good news for those considering buying a new motorbike. While the budget was primarily focussed on jobs creation and business initiatives, we have singled out a number of inclusions that effect loans and finance to elaborate on and explain further. ## **Income Tax Cuts** Music to tax payers’ ears! Who doesn’t want a little extra in their pay packet each week? The tax relief announced by the Treasurer in the budget included some changes which had already been legislated in the [2018 Federal Budget](https://archive.budget.gov.au/2018-19/index.htm) but with a welcome twist – bringing forward and back-dating. Stage 2 of the Income Tax Plan was due to come into effect in 2022 but that has now been brought forward to commence from 1 July 2020. Yes that date was prior to the budget announcement so the proposed tax relief will be back-dated to 1 July which means additional refunds for some tax payers. The changes include lifting of some tax bracket thresholds and increases in the offset for low and middle income earners. - For those eligible for the low income tax offset it is increased to $700 from $445. This is applied/received when the income tax return is lodged after 20 June 2021. - For low and middle income tax offset, which represents up to $1080 for some workers, stays in place for 2020/21 and that too is claimable when the income tax return is lodged. Tax bracket thresholds increased:- - 19% bracket to $45,000 from the current $37,000 - 5% bracket to $120,000 from the current $90,000 This represents a decrease in tax paid by many workers. These measures are to be back-dated to 1 July 2020 meaning that if the changes affect you, you will be entitled to a refund. Initially, as in straight after the announcement, the Treasurer’s wording was taken by some to mean a refund would be issued before the end of this year. But that has been clarified and confirmed that any refunds due will be included when a person lodges their income tax return for 20/21 – that is after 30 June 2021. If you’re due to receive a tax break, it could be that extra each week that makes your bike purchase a more achievable prospect. Worth a thought? Use our [Motorbike Loans calculator](/finance-calculator) to get rough estimates on possible repayments to see if it works for you or call us for a quick quote. ## **Business Investment Allowances** The strategy behind the 2020/21 Budget is very much about a business-led recovery from COVID and out of recession. The Government has proposed a number of measures to incentivise businesses to invest with asset acquisition. If your motorbike is to be used primarily in your business, you may be eligible for one of the investment allowances. The [Instant Asset Write-Off](/blog/bike-loan-tips/covid-19-instant-asset-write-off) scheme which was first introduced in March 2020 has had the deadline extended to 30 June 2021. This means that for eligible businesses, the full cost of eligible asset purchases up to $150,000 can written-off in this tax year. There are a number of other allowances based on varying business turnover levels but as the legislation is yet to be passed, the official specifics are not available on ATO or Treasury websites for us to quote. More information at this stage can be sourced at [www.budget.gov.au](http://www.budget.gov.au) In order to take advantage of these types of accelerated depreciation tax breaks, an asset needs to be acquired either fully purchased with cash or with a suitable finance product. [Jade Bike Loans](/) offers the full range of commercial finance facilities for business motorcycle purchases, however, Chattel Mortgage is best suited for asset depreciation purposes. With Chattel Mortgage, the borrower actually buys the motorcycle so it is entered as an asset on the business balance sheet and depreciated according to ATO regulations. Leasing on the other hand is an off balance sheet finance product and the business does not depreciate the asset. We advise speaking with your accountant for advice regarding finance types and your business. Your Jade consultant can then provide a quote and handle the finance arrangements for you. ## **Easing of Consumer Credit** Another inclusion in the Budget is the Government’s intention to pass laws to ease the flow of credit to consumers and small businesses. This was flagged in one of the pre-budget speeches and if passed by the Parliament, is due to come into effect by 1 April 2021. We have covered this in detail in another article and refer you to that link for more information. The changes will not impact bike loans which are arranged prior to April 2021. So if you’re ready to go now, it won’t affect your Jade Bike Loans quote or any stage of the loan application process. If the budget announcements have motivated you to proceed with your bike purchase plans, contact [Jade Bike Loans for a quote at our cheap interest rates](/motorbike-loan-interest-rates) of course. **For a quote on a motorcycle loan just contact Jade Bike Loans at 1300 000 003 for a quick quote, fast approvals and prompt settlement.** DISCLAIMER: THE DETAILS, INFORMATION, DATA AND MATERIAL PRESENTED IN THIS ARTICLE HAS BEEN SOURCED, IN FOOD FAITH, FROM REPUTABLE SOURCES IN THE PUBLIC DOMAIN. INFORMATION IN RESPECT OF GOVERNMENT ANNOUNCEMENTS*, POLICIES, PROGRAMS, MANUFACTURER’S GOODS AND SERVICES AND OTHER SUBJECT MATTER IS OFFERED FOR GENERAL INFORMATIVE PURPOSES ONLY AND NOT IN ANY WAY INTENDED AS A SOLE SOURCE FOR THE PURPOSE OF MAKING FINANCIAL DECISIONS. NO LIABILITY IS ACCEPTABLE FOR ANY ERRORS OR MIS-INTERPRETATION OF FACTS AND MATERIAL. IF A PERSON CONSIDERS THEY REQUIRE FINANCIAL ADVICE IN REGARD TO THEIR SPECIFIC AND INDIVIDUAL CIRCUMSTANCES, THEY SHOULD SEEK INDEPENDENT ADVICE FROM A FINANCIAL ADVISOR.* **Categories:** Bike Buying Articles --- ### [Cruising on a Harley-Davidson](https://www.jadebikeloans.com.au/blog/bike-buying-articles/cruising-on-a-harley-davidson) **Published:** October 27, 2020 **Author:** Publisher **Content:** After an extremely challenging time with COVID-19 restrictions and lockdowns, the Federal Budget delivered welcome news with a little more in the pay packet for millions of Australians, courtesy of tax cuts. Itching to get OUT and with that little extra to spend, buying a new motorcycle is sure to be high on the to-do list for bike enthusiasts. And what better way to get out and about, either just around your city or on an extended road trip than on a Cruiser model from the iconic and aspirational [Harley-Davidson](https://www.harley-davidson.com/au/en/index.html) brand. At [Jade Bike Loans](/), we know from the number of Harley-Davidson loans we arrange, just how popular this manufacturer remains amongst a very competitive field of international motorcycle companies. Their Cruiser range is comprehensive and deciding exactly which bike to purchase may not be so cruisy. There’s quite a number of options which is great for selecting a motorbike that meets your riding expectations, skill level and will handle the adventures you’re planning. If price is a deciding factor, use our [bike loans calculator](/finance-calculator) to easily convert purchase prices into rough repayment estimates. Bike loan repayments are more representative of affordability than the recommended purchase price for most buyers. But first, let’s check out what the Hog has to offer. ## **Cruiser Range** The Harley-Davidson Cruiser collection includes:- - Softail Standard and Slim - Street Bob and Fat Bob - [Low Rider](https://www.harley-davidson.com/au/en/motorcycles/2020/low-rider.html) and Low Rider S - Sport Glide - [Deluxe](https://www.harley-davidson.com/au/en/motorcycles/deluxe.html) - Breakout - [Fat Boy](https://www.harley-davidson.com/au/en/motorcycles/fat-boy.html) - [FXDR 114](https://www.harley-davidson.com/au/en/motorcycles/fxdr-114.html) ## **2020 Breakout** What could better represent the feelings of many people after the lockdowns of 2020 than a Breakout. We don’t suggest you flout COVID-19 rules in your area, but when and where you are permitted, breaking out on a [Harley-Davidson Breakout](https://www.harley-davidson.com/au/en/motorcycles/breakout.html) might be the perfect panacea to overcoming the challenges. The Breakout has a lightweight design and stiffness which contribute to a responsive riding experience on this Milwaukee Eight 114 engine powered motorcycle. Features include a 240 mm rear tyre, digital instrumentation, fuel tank with a smooth top, a passenger seat, high performance front suspension and dynamic cornering thanks to the mono-shock rear suspension. Described by the company as long lean and mean, the Breakout is a very modern chopper. This model offers a relaxed riding position, forward foot controls, a low seat height of around 665 mm and a 13.2 litre fuel capacity. To personalise your Breakout you have a choice of seven factory colours covering black, silvers and greys, blue and navy and both a vivid and a more maroon red. To complete your package, consider include some authentic Harley clothing from the official merchandise collection. ## **Facilitating a Breakout** You’re ready to cruise, have earmarked your Harley-Davidson Breakout so now it’s time for the serious talk – how are you going to make it happen? More specifically, how are we going to make it happen for you? For a start, we’re going to make the bike loan process a total cruisy experience by handling all the complicated stuff for you. For buyers purchasing a Harley for their personal use, the Secured Bike Loan is the most commonly used type of loan. The format is straightforward and easy to understand. You select the bike you want and have ownership as soon as the loan and purchase deal is finalised. The lender uses the bike as security against the loan. You default on your payments, the lender has the right to repossess. Standard secured loan protocol. What’s not so standard is the cheap loans that Jade Bike Loans can source. Not everyone has the access and connections to a wide range of lenders as we do. With choices including banks, finance companies and non-bank lenders, we can access the cheapest deals on your behalf. Way easier and way more options than you can access yourself. Just give us your brief and we can source you a quick quote. Accept that and we proceed with the paperwork to save you the time and a whole lot of hassle. Our team is packed with expert finance lenders and highly negotiators that bargain down the interest rates and work out terms and conditions that will benefit our customers. That’s our total focus. Getting our customers the cheapest bike loan. ## **Secured Bike Loan Features** - [Jade’s cheap motorcycle loan interest rates](/motorbike-loan-interest-rates) - Interest rates fixed - Fixed monthly repayments - Fixed loan term - Option to make additional payments if desired - Minimal break fees if you pay out the loan early If you’re itching to get your hands on a new Breakout and literally break out (legally of course) and enjoy open air riding, speak with a Jade consultant about making it happen for you. Our personalised and individual service ensures you receive the attention that you deserve and your Harley-Davidson Breakout is sure to attract. **For a quote on a Harley-Davidson Breakout just contact Jade Bike Loans at 1300 000 003** *DISCLAIMER: THIS ARTICLE INCLUDES INFORMATION, DATA, SPECS, DETAILS AND MATERIALS SOURCED FROM EXTERNAL SOURCES SUCH AS MANUFACTURERS, SUPPLIERS, GOVERNMENT DEPARTMENTS AND OTHER ORGANISATIONS AND NO LIABILITY IS ACCEPTED FOR ERRORS IN THE REPRESENTATION OR PRESENTATION OF SUCH INFORMATION. THE ARTICLE IS PRESENTED AS GENERAL INFORMATION ONLY AND IS NOT INTENDED AS SPECIFIC FINANCIAL ADVICE FOR INDIVIDUALS AND BUSINESSES. THOSE REQUIRING ADVICE IN REGARD TO THEIR INDIVIDUAL CIRCUMSTANCES ARE DIRECTED TO SEEK INDEPENDENT ADVICE FROM THEIR FINANCIAL ADVISOR OR CONSULTANT.* **Categories:** Bike Buying Articles --- ### [Ride into 2021 on a BMW](https://www.jadebikeloans.com.au/blog/bike-buying-articles/ride-into-2021-on-a-bmw) **Published:** November 5, 2020 **Author:** Publisher **Content:** After what we faced in 2020, you’re excused for wanting to kick 2020 to the kerb, get on your bike and ride into the sunset. Reality beckons! Seeking some level of stability and consistency? While everyone has had to adapt to a hell of a lot of change throughout 2020, moving forward, many will be wanting a more secure time ahead. In addition to many other great features, your [Jade Bike Loan](/) can be your constant. We offer fixed interest rate loans, fixed repayments and fixed loan terms. That means no changes over the years of your loan. So how about riding a brand new BMW powered with a cheap Bike Loan into 2021 and beyond? Oh yes, that sounds like a real idea. So let’s make it happen. BMW has a number of new models on the market with more due to arrive in the near future. So it’s time to select your ride and lock in your bike loan and just relax and ride. ## **Check out the BMW Collection** Despite the pandemic, BMW managed to launch new models including in April, the R 18. According to industry sources, another cruiser variant has also been revealed. This is the R 18 Classic which is a touring cruiser with additional features including a passenger seat, large windscreen and saddle bags. As signified by the name, the 18 has the 1800 cc BMW engine which is the company’s most powerful boxer to date. Word has it that the R 18 is set to be the platform for an entire range of models. Why wait for future models? While the Classic is listed on the company’s website as ‘coming soon, there is an R 18 model listed as available with an estimated price advertised. Perfect. Just head to the [motorbike finance calculator](/finance-calculator) and start shaping your Jade Bike Loan. The R 18 First Edition has the hallmarks that buyers aspire to from the BMW brand. Timeless style with iconic design including pin striping features around the tank. Custom options are available to make your R 18 very much your own. Also currently available in the Heritage R collection are the R nineT, [R nineT Scrambler](https://www.bmw-motorrad.com.au/en/models/heritage/rninetscrambler.html) and R nineT Urban G/S. A number of these are also tagged with new models ‘coming soon’ but when you don’t want to wait…..make your move. For a more ‘untamed’ style, consider the BMW R nineT Scrambler. While this bike has the authentic style and hallmarks of a classic scrambler, options are available for off-roading so you can expand the scope of your adventures. New M badged BMW models are expected to be arriving in 2021 which is a major move out of Munich as the M badge was previously associated with automobiles. The first M due on the calendar is apparently the [M 1000 RR](https://www.bmw-motorrad.com.au/en/models/sport/m1000rr.html). A competition package is also available, further strengthening the ties of this range with professional motorcycle racing. But if waiting is not your style, jump right in and order the [BMW S1000 RR](https://www.bmw-motorrad.com.au/en/models/sport/s1000rr.html). Several variants are available including the RR Sport, RR Race and RR M Sport. To see how your loan repayments may vary across the variants, use our bike loan calculator. It’s a great tool for comparing prices across different models and converting manufacturer prices into relatable estimated repayments. ## **Sorting Your Motorbike Finance** With your BMW wish list sorted, it’s time to start thinking about finance. Heading into the dealership for a test ride without any idea of what your repayments might be or even if you would be approved for a loan for that bike is simply amateur hour stuff. Having a pre-approved bike loan through Jade Bike Loans is the more professional way to approach a motorcycle purchase. You know what budget you have to work with, you have the confidence to proceed with ordering accessories and custom extras to suit your total approved loan amount and it signals to the dealer that you are a definite buyer. All good stuff to ensure you’ll be on your BMW of choice as quickly as possible. The [Secured Bike Loan](/secured-motorcycle-loans) is the most popular form of motorcycle finance and when arranged through Jade Bike Loans, offers the certainty most people want when making a major purchase. We source you the [cheapest interest rate motorcycle finance](/motorbike-loan-interest-rates) that suits your application and that rate is fixed for the entire loan term. No need to make changes as official interest rates fluctuate over time. The loan format is fairly standard – the lender uses the bike as security and you pay off the loan in equal monthly instalments over the set loan period. With fixed equal repayments, you have another level of certainty with your money. Getting all these features in your motorbike loan can be possible with a single contact to Jade Bike Loans. Your consultant will handle the process – sourcing the best quote from across our lending panel, structuring the loan to best suit your requirements and handling that pesky paperwork. 2021 and beyond beckons. Just saying! **For a loan quote on any models in the BMW motorcycle range, contact Jade Bike Loans at 1300 000 003** *DISCLAIMER: THIS ARTICLE INCLUDES DATA, SPECIFICATIONS, INFORMATION AND OTHER MATERIAL WHICH HAS BEEN ACQUIRED VIA VARIOUS SOURCES, GENERALLY AVAILABLE IN THE PUBLIC DOMAIN FROM MANUFACTURERS, GOVERNMENT ORGANISATIONS AND SUPPLIERS. NO LIABILITY IS ACCEPTED FOR ANY ERRORS IN THE PRESENTATION AND INTERPRETATION OF THIS INFORMATION. THE ARTICLE IS PROVIDED FOR GENERAL INFORMATIVE PURPOSES AND NOT AS THE SOLE BASIS FOR MAKING FINANCIAL DECISIONS. IF ADVICE ON INDIVIDUAL FINANCES IS REQUIRED, IT IS RECOMMENDED THAT READERS REFER TO A FINANCIAL ADVISOR.* **Categories:** Bike Buying Articles --- ### [Buying a 2020 Bike of the Year](https://www.jadebikeloans.com.au/blog/bike-buying-articles/buying-a-2020-bike-of-the-year) **Published:** November 26, 2020 **Author:** Publisher **Content:** Discussing which is the best motorbike ever or now or per category, is likely to result in a very feisty debate around any bar, dinner table or on any forum. Every rider will have their own opinion based on loyalty to their manufacturer of choice, on what their mate said, what they’ve read or just because they know more than anyone else. *(We all know that someone!)* At [Jade Bike Loans](/) we stay across the motorcycle market and we provide loans for the full range of motorbikes to a wide range of customers. So we have a good idea what some of the more popular makes and models are, the ones that are selling well. But that doesn’t give us the opportunity, the expertise or the credibility to make claims as to which bike we would award the gong to as ‘the best’. So we’re pleased to see that bikesales has done the work in that area. Their team of writers and other experts are totally across all things bikes and we give them our nod for providing a great bike sales and information platform. The team at [bikesales](https://www.bikesales.com.au/) has once again gone through their stringent judging process and come up with a group of category winners from which they intend to crown the 2020 Bike of the Year. We’re pleased to see that we have showcased a number of these models in articles throughout the year to whet your appetite to buy. ## **Category Winners** The category winners as announced by bikesales are:- - Touring: Challenger Limited from Indian - Supersport: [Ducati Panigale V2](https://www.ducati.com/ww/en/bikes/panigale/panigale-v2) - Naked: KTM 1290 Super Duke R - Cruiser: Triumph Rocket 3 R - Adventure Touring: [Yamaha Tenere 700](https://www.yamaha-motor.com.au/discover/news-and-events/news/motorcycle/2018/november/tenere-700-revealed) - Enduro: [Yamaha WR 250F](https://www.yamaha-motor.com.au/products/motorcycle/off-road/enduro/wr250f) - Sports Touring: [BMW R 1250 RS](https://www.bmw-motorrad.com.au/en/models/sport/r1250rs.html) - Motorcross: Kawasaki KX 450 - Retro: [The Interceptor 650 from Royal Enfield](https://royalenfield.com.au/model/interceptor-650/) - Adventure Sport: [BMW S 1000 XR](https://www.bmw-motorrad.com.au/en/models/adventure/s1000xr.html) In addition to the above category, the team also announced category winners for LAMS (Learner Approved Motorcycle Scheme) models:- - Adventure Sport: [Benelli TRK 502](https://benelli.com.au/model/benelli-trk-502/) - Cruiser: [Benelli 502 C](https://benelli.com.au/model/502c/) - Supersport: [Honda CBR 500 R](https://motorcycles.honda.com.au/en/models/onroad/supersport/cbr500r) - Sports Touring: [Yamaha Tracer 700](https://www.bikesales.com.au/editorial/details/2020-yamaha-tracer-700-review-122877/) - Naked: [Kawasaki Z 400](https://kawasaki.com.au/shop/motorcycles/sport/2021-z400/) - Adventure Touring: KTM 390 Adventure With the category winners announced, now the testers are putting the winners under the microscope on a road trip. In determining the eventual bike of the year, they will be considering safety, innovation, value for money and of course, performance. So what do you think of their choice of winners? Ready to jump in on the say-so of the experts and purchase one of these bikes? Then talk to our finance experts at Jade Bike Loans to source a winning loan to make it happen. **The Bike Loan Process** If you’ve never taken out a loan to buy a bike previously or used a lender like Jade, we assure you, the process can be quite smooth and streamlined. Jade is accredited with multiple lenders so we can assess the [cheapest bike loan interest rate](/motorbike-loan-interest-rates) that matches your profile. While it may appear convenient to go with finance offered by the motorcycle dealer, you may miss out on a cheaper deal through Jade. Pre-approved bike loans can be very helpful in those situations. You can have your loan approved through Jade, with no obligation to proceed if you change your mind at that point. Then if you do choose to receive a finance offer from the dealer, you are ready to compare the offers. Your Jade consultant saves you a lot of hassle and time in sourcing a bike loan and will assist with the paperwork and liaise with the dealer for prompt settlement. **Loan Options** The most popular loan is the [Secured Bike Loan](/secured-motorcycle-loans) which has a really simple structure and setup: - The bike is used as security against the loan by the lender. - You have full use and ownership of the bike from the time that the loan and sale are finalised. - Jade sources you the cheapest loan offer with the best interest rates. - The loan term is negotiated by Jade to best meet your requirements. - You pay a fixed monthly loan payment until the loan is finalised. - In most cases, especially for new bikes, the entire purchase price can be included in the loan. That means, we arrange a no deposit bike loan. - Additional payments are OK. So if you do get a pay rise or a tax return or other extra money, you can put it towards paying off your bike loan faster. - If you do pay off the loan before the agreed loan term, only minimal break fees apply. - You must be over 18 years of age to take out a personal loan. - You will need employment or income stream and be able to provide the necessary financial and other details for the application, under the consumer credit laws. Jade Bike Loans operates across Australia so we can assist motorcycle buyers in any state or territory. **To be the first on your block to purchase a 2020 Bike of the Year, contact Jade Bike Loans to organise your loan 1300 000 003** *DISCLAIMER: ALL INFORMATION PROVIDED IN THIS ARTICLE IS INTENDED AS GENERAL INFORMATION PURPOSES AND NOT AS AN EXCLUSIVE OR SOLE SOURCE FOR MAKING FINANCIAL DECISIONS. INDIVIDUALS SHOULD SOURCE INDEPENDENT ADVICE FROM A FINANCIAL ADVISOR IF THEY REQUIRE SPECIFIC DIRECTION IN RELATION TO THEIR CIRCUMSTANCES. CONTENT MATERIAL, DATA, SPECIFICS, PRODUCT FEATURES AND OTHER INFORMATION IS SOURCED FROM A RANGE OF SOURCES AND NO LIABILITY IS ACCEPTED FOR ERRORS OR MISINTERPRETATIONS OF SUCH DATA.* **Categories:** Bike Buying Articles --- ### [Affordable Loans for Benelli Motorcycles](https://www.jadebikeloans.com.au/blog/bike-buying-articles/affordable-loans-for-benelli-motorcycles) **Published:** December 5, 2020 **Author:** Publisher **Content:** It’s ‘that time’ for parents of driving-aged teenagers. The time when you start hearing ‘*can I have bike for Christmas?’* ‘I *really need a car/bike to get to uni’* ‘*I’ve got my licence, why can’t I have a bike?’* and all the other pleas and pleading that are familiar conversations across Australian family households when young people reached a certain age. If your offspring is keen on swapping their 2 wheeled pedal power for engine power, then perhaps a Benelli motorcycle could be worth considering for them. Great bikes made affordable with a [cheap motorcycle finance from Jade Bike Loans](/). For new riders, Benelli has a number of [LAMS models](https://www.qld.gov.au/transport/licensing/motorcycles/learner-approved) in their line-up, they have won several prestigious awards for their LAMS bikes and the brand is a favourite with [Australian Idol star, Shannon Noll](https://twitter.com/NOLLSIE?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor). But regardless of your age or riding experience, Benelli could be a motorcycle worth considering for your next purchase. Not the most well-known motorcycle name in Australia, but this Italian manufacturer has over 100 years of experience in the business. They are very popular in many countries and considered a famous marque in their home country, Italy. We cover off on the range and the Jade loan options to assist your bike buying process. **The Benelli Range** The Benelli motorcycle range includes models to suit many riding experiences and rider capability levels. - [Leoncino 500](https://benelli.com.au/model/leoncino-500/): Twin cyclinder, 500cc, 4 stroke which is LAMS approved. - [Leoncino 500 Trail](https://benelli.com.au/model/leoncino-500-trail/): All new design, cutting edge LED tech, liquid cooled, 500cc, 4 stroke, twin cylinder, LAMS approved. - [TRK 502](https://benelli.com.au/model/benelli-trk-502/): Wind and weather protection for a great adventure touring experience. A 500cc, LAMS approved bike. - [TRK 502X](https://benelli.com.au/model/benelli-trk-502-x/): An award winner! The 2020 TRK 502 was named winner in the LAMS approved collection as judge by bikesales in the adventure sport category. - [502 C](https://benelli.com.au/model/502c/): An urban cruiser which proudly displays WINNER of the 2020 LAMS approved bike of the year in cruiser category as awarded by bikesales. - [752S](https://benelli.com.au/model/752s/): A 7500 cc naked bike with sporty, modern design, this model heralds Benelli’s return into this category. So plenty of offerings for new and experienced riders. Note the LAMS approved award winners, as judged by the experts at bikesales are the TRK 502 and 502 C. Check out the full specs and features at [www.benelli.com.au](http://www.benelli.com.au) and while browsing, refer to [Jade Motorbike Loans calculator](/finance-calculator) to work out possible repayment estimates. **Jade Benelli Loan Options** We started this article focussing on the scenario of buying a motorcycle for or by a younger rider. So we continue by providing a brief overview of the loan options which you may like to consider. Of course, you can always put in a quick call to Jade Bike Loans and talk through your individual requirements. **Young Rider Loan Options** - Under [Australian consumer law](https://consumerlaw.gov.au/), you must be over the age of 18 to be accepted in your own right for a consumer loan. In order to meet the requirements of a [Secured Bike Loan](/secured-motorcycle-loans), applicants must also have employment and meet other criteria. - If you are under 18 and want a loan to buy a Benelli LAMS approved bike, you will need an over-18 person to purchase the bike for you. - If you are over 18 but don’t meet all the criteria to be offered a loan in your own right, you may request someone, such as a parent, to guarantee the loan. - Going Guarantor involves obligations and some risks, which potential guarantors should consider. Your Jade Bike Loans consultant will go through the details of each option available for your individual scenario. There is no obligation to make an enquiry, so just give us a call and settle those dining table debates and discussions. Not all banks and lenders will be up for offering loans to young people. But Jade is accredited with many lenders so we have more choices to source the loan that best suits your requirements. **Secured Bike Loans** For those over 18 years of age that meet the personal loan criteria, the most popular loan for Benelli motorbikes that Jade offers is the Secured Bike Loan. It has an easy to understand, universal format and every loan is negotiated by our consultants at the [cheapest interest rate](/motorbike-loan-interest-rates). - The Benelli is used as security against the loan. If you default on repayments, the lender has the right to repossess the bike. - Jade’s cheap interest rates, fixed for the entire loan term. - The loan term is fixed, usually 4 years or 48 months is the popular term. - The repayments are fixed in equal monthly instalments, due on the same date each month for the loan term. - When you’ve made all the repayments, the lender releases the security. - Insurance coverage will be required to be taken out. - Pre-approved bike loans available through Jade so you can be assured of your finance before committing to that Benelli purchase. Applying for loan for a Benelli motorcycle with Jade Bike Loans is quick and easy. - Request a quick quote. - Apply online or over the phone at 1300 000 003. - Fast approvals service, so you should have your answer ASAP. Your Jade consultant will source you an offer from across our lender panel and on acceptance of the offer, proceed to process your application and assist with the paperwork. **To discuss loan options for your Benelli motorcycle, contact Jade Bike Loans at 1300 000 003** DISCLAIMER: THE INFORMATION WHICH HAS BEEN PREPARED AND PRESENTED IN THIS ARTICLE IS INTENDED FOR GENERAL INFORMATIVE PURPOSES ONLY. IT IS NOT IN ANY WAY MEANT TO BE USED AS THE ONLY SOURCE OF INFORMATION OR ADVICE IN REGARD TO FINANCIAL DECISIONS. IF YOU CONSIDER YOU NEED GUIDANCE, WE RECOMMEND YOU SEEK OUT A PROFESSIONAL FINANCIAL ADVISOR. THE DATA, DETAILS, SPECS AND OTHER MATERIAL PRESENTED ARE *SOURCED FROM VARIOUS SOURCES AND NO LIABILITY IS ACCEPTED FOR ERRORS AND MISINTERPRETATIONS IN PRESENTING THIS INFORMATION.* **Categories:** Bike Buying Articles --- ### [Take Pole Position for EOY Bike Sales](https://www.jadebikeloans.com.au/blog/bike-buying-articles/take-pole-position-for-eoy-bike-sales) **Published:** December 18, 2020 **Author:** Publisher **Content:** While many will be lining up at retail stores for the traditional Boxing Day and New Year sales events, motorcycle enthusiasts will likely be vying for pole position to take out the best offers at the end of year motorcycle clearances. End of year sales go well beyond department stores with bike dealers and manufacturers likely to be just as keen to move stock before new models arrive in 2021. 2020 has been a strange year due to the impacts of coronavirus. Customers were stuck in lockdowns and unable to make it to dealerships to purchase, dealerships were closed for a time and manufacturing operations in many countries were also shut down at different times. The usual cycle of new model releases and the usual sales cycles have been interrupted but new models are still due in 2021. [Jade Bike Loans](/) is keen to assist our customers be prepared for end of year, New Year and plate clearances so you can secure a great deal on a new bike. We’re sharing our tips and hints on getting organised ahead of the sale with the steps you can take to ensure you are well-prepared to avoid FOMO at motorbike sale events. ## **Prep Steps** Fundamental to your preparation is to have your bike loan sorted ahead of time. Sales, especially plate clearances, can have limited stock availability. If you head into a dealership to inspect the bike, take a test ride and then leave to arrange your bike loan, you may miss out – they may sell out before you return. Jade Bike Loans can assist with our bike buyer’s toolkit: our resources, our expertise and our professional finance services. - Step one is knowing which bikes you can actually afford. Specifically, you need to convert the purchase price being advertised into monthly bike loan payments quickly and easily. For that, we offer you [free use of our bike loan calculator](/finance-calculator). - Enter the bike purchase price into the calculator, the loan term you would prefer and you will see a repayment figure displayed. This is only an estimate but provides a great ballpark when considering a number of options. - If you plan to trade-in an existing bike on your new model, there are few things to address. When using the calculator, you can guesstimate what you’ll get and deduct that from your loan amount. If you still owe money on a loan on your current bike, you will need to finalise that loan. Contact your lender for a specific figure on what is outstanding. Your Jade consultant can assist you with finalising the loan payment in conjunction with organising your new loan. - If the calculator repayment estimate meets your expectations, then it’s time to rev up the process and give Jade Bike Loans a call for a confirmed quote and if that suits, start the loan application process. - For your loan application you will be required to present a range of financial information around your income and expenses. So getting that information ready can streamline the process. Your Jade consultant will advise what is required and our fast loans approvals service ensures a smooth process. ## **Secure a Pre-Approved Bike Loan** Smart sales buyers will be organised with a [pre-approved secured bike loan](/secured-motorcycle-loans). Whether you want to be first in line for limited plate clearance stock or you just want less hassle when buying a bike, the pre-approved Jade bike loan is the way to go. The process is the same as applying for a bike loan after you’ve spoken with seller except it is organised based more on a dollar loan amount than a specific bike. As you would have used our calculator to get an idea of what you can afford, it should be no problem to estimate how much you will need in your bike loan. You complete the bike loan application process so your Jade consultant has the information required to source you a loan quote and approval. Knowing your loan is confirmed, you can approach the bike purchase with confidence and commit to the deal on the spot and avoid missing out when stocks are limited. ## **2021 Bike Model Pre-Order Strategy** If you have your eye on one of the 2021 models due to hit the Australian market, then the same loan sales strategy can apply. - Do your loan estimating on the calculator. - Sort any existing bike loans. - Assemble your loan application documents. - Contact Jade for a pre-approved loan. Pre-approved loans will have a use-by-date and if it is an extended time before you actually buy, the loan may need to be reviewed. But as you have already completed many of the basic steps, it will be a streamlined process through Jade Bike Loans. As your personal lender, your Jade consultant assists you with much of the paperwork and can liaise with the seller to expedite settlement. If capturing a great deal on a bike in an upcoming sale event is in your plans, utilise the services of Jade Bike Loans to assist you. **To get organised for the motorbike clearance sales, contact Jade Bike Loans at 1300 000 003** *DISCLAIMER: YOU ARE ADVISED THAT THE INFORMATION PRESENTED HERE IN THIS BLOG, IS FOR GENERAL INFORMATION AND NOT INTENDED TO REPRESENT FINANCIAL ADVICE IN ANY WAY. IF YOU CONSIDER THAT YOU DO REQUIRE ADVICE IN REGARD TO YOUR FINANCIAL SITUATION, THEN WE RECOMMEND THAT YOU SEEK A CONSULTATION WITH A PROFESSIONAL FINANCIAL ADVISOR. NO LIABILITY IS ACCEPTED IN REGARD TO THE DETAILS OR ANY ERRORS IN THE CONTENT WHICH MAY IN PART HAVE BEEN SOURCED FROM A RANGE OF SOURCES.* **Categories:** Bike Buying Articles --- ### [2021 Preview: Models, Alerts, Interest Rates](https://www.jadebikeloans.com.au/blog/bike-buying-articles/2021-preview-models-alerts-interest-rates) **Published:** December 26, 2020 **Author:** Publisher **Content:** After what 2020 threw at us, many bike enthusiasts are keen to ride into 2021 with a whole new attitude on a sensational new motorcycle. We hear you and we’re here to assist with our [cheap motorbike loans](/). But what is on the motorcycle horizon for 2021? We take a look ahead and report in. ## **Harley-Davidson Goes Virtual** We first headed to all-time favourite [Harley-Davidson](https://www.harley-davidson.com/au/en/index.html) to try to find information on what new models would be launching in 2021. What we discovered is a virtual launch event coming up in mid-January. Yes, everyone is invited to the Harley event to be held online on 20 January 2021. The information sourced states that this is the first time in the company’s more than 100 year history that they are bringing their global followers together to participate in the one event. This event is a virtual event, a format which many have become very familiar with in COVID-19 times. This event is planned to allow enthusiasts to hear from Harley engineers, designers and other company reps on what can be expected in their local dealerships in 2021. Tip: If they do make special purchase offers or open pre-orders for special models during that event, you want to be ready to be first in line! Contact Jade Bike Loans pre-event to arrange a [pre-approved secured motorbike loan](/secured-motorcycle-loans). It’s a quick and easy process with your Jade consultant handling sourcing the cheapest quote, assisting your with your loan application and processing your application through to approvals stage. ## **Moto Guzzi 2021** This Italian motorcycle brand has unveiled their new V7 model for 2021. According to reports the [2021 Moto Guzzi V7](https://www.motoguzzi.com/au_EN/motorbikes/naked/) has a new V-twin 850cc engine and a number of other updates including a wider rear wheel. So when can you expect to get your hands on a V7 in Australia? Apparently mid- 2021. Fortunately, if you plan to wait, we expect interest rates to remain at low levels through 2021. ## **Honda for 2021** [Honda](https://motorcycles.honda.com.au/en) has quite a few new models heading to Aussie dealers in 2021 across several classes. With the banner [COMING SOON the ne](https://motorcycles.honda.com.au/models/onroad/street/cmx1100)[w](https://motorcycles.honda.com.au/models/onroad/street/cmx1100)[ CMX 1100](https://motorcycles.honda.com.au/models/onroad/street/cmx1100) is detailed on the company website so you can check out all the new features and updates. This cruiser model apparently takes on a whole new approach to how a cruiser should look. Check it out yourself. A new Grom is also due in Australia during first half of the 2021 calendar year. Good news for enthusiasts and you can sort of customise with five new colours on offer. In the Competition range, Honda has announced the return in 2021 of the [CRF 250R](https://motorcycles.honda.com.au/models/offroad/competition/crf250r) and [CRF 150R](https://motorcycles.honda.com.au/models/offroad/competition/crf150r) plus an all-new model – the [CRF 450R](https://motorcycles.honda.com.au/models/offroad/competition/crf450r). According to the company the look and feel is totally different. Check out and keep up with Honda releases and use our [motorbike loans calculator](/finance-calculator) to quickly work out repayment estimates when prices are released. ## **Celebrations at Suzuki** While [Aussie Jack Miller](https://www.motogp.com/en/riders/profile/Jack+MILLER) made a podium finish at the penultimate MotoGP race for 2020 at Valencia, the biggest celebrations were in [Team Suzuki](https://www.suzuki-racing.com/) with rider [Joan Mir claiming the 2020 MotoGP crown](https://www.motogp.com/en/news/2020/11/15/joan-mir-2020-world-champion-s-career-in-numbers/356477). Great work Team Suzuki! On the new products front, Suzuki have the [MY 21 RM-Z](https://www.suzukimotorcycles.com.au/range/off-road/motocross-rm-z450/) range to check out. There are two models available with exciting tech including Wifi tuning capabilities. ## **In Other 2021 News….** Keep an eye out for new models from [BMW Motorrad](https://www.bmw-motorrad.com.au/en/home.html) have new models on the way and [Indian Motorcycles](https://www.indianmotorcycle.com.au/) reveal their 2021 line-up. At Jade Bike Loans, we may seem predictable in comparison with all these new bike models being released as we constantly roll out our cheap bike loan offers year after year. But a cheap loan on a new bike is always good news. Better news is that we do expect interest rates to remain at low levels into 2021. [Changes to consumer credit laws are slated for March/April 2021](https://treasury.gov.au/consultation/c2020-124502) which may make it even easier for some people to secure consumer loans. For those new to the bike buying scene or at least to bike loans, here’s a summary of what’s involved in getting a loan to buy a bike through Jade Bike Loans. The Secured Bike Loan is our most commonly used loan and it follows a standard loan format:- - Lender accepts the bike as security against the loan and borrower pays monthly instalments to repay the loan. - Suits most bike makes and models including LAMs models. - Borrowers need to be over the age of 18 years and have employment or source of income. Younger buyers may choose to have a parent or guardian go guarantor for their loan. - As long as you are over 18 you can apply for a loan before you get your motorcycle licence. - We source loans at our cheap interest rate which is fixed for the loan term. - The loan term is fixed as are the monthly repayments. - Our consultants handle the process for you, to save you time and hassle. - Pre-approved bike loans are available. You can apply for a bike loan either over the phone or via our online application form. It’s quick, easy and we streamline the entire process to get you onto your new ride ASAP. **To sort your bike loan for a 2021 model contact Jade Bike Loans at 1300 000 003** *DISCLAIMER: THE DETAILS AND INFORMATION PROVIDED IN THIS ARTICLE ARE NOT INTENDED AS THE SOLE SOURCE OR AS ADVICE IN REGARD TO FINANCIAL INFORMATION BUT FOR GENERAL PURPOSES ONLY. PERSONS REQUIRING ADVICE ON THEIR FINANCIAL SITUATION ARE DIRECTED TO CONSULT WITH THEIR FINANCIAL ADVISOR. NO LIABILITY IS ACCEPTED FOR ERRORS OR MISINTERPRETATIONS IN THE INFORMATION AS PRESENTED. THE DATA AND DETAILS WHICH MAY HAVE BEEN SOURCED IN PART FROM THIRD PARTY SOURCES.* **Categories:** Bike Buying Articles --- ### [Motorbike Licence Requirements](https://www.jadebikeloans.com.au/blog/bike-buying-articles/motorbike-licence-requirements) **Published:** June 5, 2016 **Author:** Publisher **Content:** **Information on getting a motorbike licence in Australia** Owning and riding a motorbike or motor scooter for recreation, touring or every day transport can be exciting, cost efficient and a lot of fun. But it does come with its own risks and acquiring the skills required and having a good understanding of the road environment before you get your licence is not only a good idea, it is actually compulsory in many states of Australia. The process and requirements for getting a motorcycle rider licence vary in different states and you can access the specific information at the relevant state government transport website. Each state has restrictions on what motorcycles can be operated at different levels of licences, the Learner Approved Motorcycle Scheme and other restrictions such as speed and blood alcohol concentration. Check the individual state transport websites for full details on licence restrictions. This blog is designed to give you an overview of licence requirements only. **[New South Wales](https://www.transport.nsw.gov.au/operations/roads-and-waterways)** In NSW the process is a Graduated Licensing Scheme (GLS) and you must be minimum 16 years and 9 months to get started. The process varies depending if you are in a ‘declared’ or ‘undeclared’ area and you can refer to the website for details of these areas. If you are in a declared area the Motorcycle Rider Training Scheme is compulsory and in undeclared areas where this training scheme is not available, the Rider Knowledge Test and Motorcycle Operator Skill Test (MOST) applies. First step is to get a Learner Rider Licence and that involves taking the Pre-Learner Certificate of Competence, proving your identity, passing an eye test and rider knowledge test and paying the fee. To progress to a full rider licence basically involves: Complete the pre-learner training course successfully - Pass the knowledge test to get your learner licence - Hold the learner licence for a minimum of 3 months and complete the pre-provisional course to attain your P1 rider licence. - You must hold a P1 licence for a minimum 12 months before you can apply for a P2 licence. - When you have held your P2 licence for 2 years, you can apply for your full rider licence. These steps vary if you live in an area where training courses are not available – undeclared areas. The Roads and Maritime Services gives a very important warning on its website that it is the only motorbike rider licensing authority in NSW. Apparently, there are organisations that claim they can issue rider licences but according to the RMS this is false. [Queensland](https://www.qld.gov.au/transport) In Queensland, there are two classes of motorcycle rider licences – RE Licence which is learner and RE Licence which is provisional, probationary or open. In order to apply for a learner licence, RE Class, you have to have held a car licence (provisional, probationary or open) for at least a year. You then need to successfully pass the motorcycle knowledge test and be proven medically fit to ride a motorcycle or scooter. To progress from a RE learner to a RE provisional licence and then on to a R class licence, you must complete either a Q-Ride training program or a Q-Safe riding test. As soon as you are granted a RE learner licence you can enrol in a Q-Ride course which are provided by registered providers. If you live outside a 100klm radius of where a Q-Ride course is available, you can take the Q-Safe riding test which is delivered by the official government examiners. You must have held your RE learner licence for 6 months before taking the test and during that time you can practice your riding with a supervisor. On successful completion of the Q-Ride course, take your certificate, application form and identity evidence to the motor transport office to apply for an upgrade to a provisional licence. [Victoria](https://www.vicroads.vic.gov.au/) Over the past few years, the Victorian government has been implementing stages of the Graduated Licensing System (GLS) and stage 2 came into effect in March and April 2016. From April 2016, in order to get a learner permit, you must be 18 years old or older, and pass on on-road skills check, eyesight test, motorcycle learner knowledge test and if you don’t already hold a motor car driving licence, you will also need to pass the car learner permit knowledge test. Valuable training can be acquired from accredited training organisations to assist with your skills test. Once you have held your learners licence for a minimum of 3 months you can apply for your full licence. This involves an eyesight test, a hazard perception test and a practical ride/skills assessment test. [South Australia](https://www.sa.gov.au/) In South Australia, there are five stages to get your motor ride licence. **Stage 1**: You must complete the Basic Rider Safe training course that teaches the skills necessary to ride a motorcycle and you can enrol at Service SA service centres. You must have a current driver’s licence to enrol in this course or first pass a theory test. On completion of the course you will be issued and endorsed Approval to Obtain a Learner’s Permit. **Stage 2**: Present your Approval to SA service centre to be issued with your learner’s permit. **Stage 3**: Undertake and successfully complete the Rider Safe course. **Stage 4**: On completing this course you, present your certificate of competency to SA customer service centre to apply for your R-date licence. Under this licence you are still restricted to ride learner approved motorcycles. **Stage 5**: After holding this licence for 12 months you can apply for your R-class licence, which is unrestricted in terms of bikes you can ride [Western Australia](https://www.transport.wa.gov.au/) In WA you need to be 16 years of age to apply for a learner’s permit and then learn to ride so you can pass the practical driving assessment to obtain your R-E licence. Once you have achieved this level you need to complete and record at least 25 hours of supervised riding in your official log book over a period of at least 6 months. With this completed and once you reach 17 years of age you can take the Hazard Perception Test. With this passed you will be granted a provisional licence so you can ride without supervision and build your experience. You will need to hold this provisional licence for at least two years or until you reach 19 years of age, whichever is the longer before applying for a full licence. [Tasmania](https://www.transport.tas.gov.au/) If you live in Tasmania you must be 16 years and 5 months and successfully complete the pre-learner course in order to obtain your learner licence. These competency-based courses are conducted by accredited providers and consist of two, half-day sessions. On completion, you will be given a Certificate of Completion which you require to be issued with a learner licence. To progress to the P1 licence, you must be 17 years of age and hold your learner’s licence for a minimum of 6 months and successfully complete the pre-provisional training course. For more information and full details of obtaining a motorcycle licence in your state, contact the relevant state transport department. And when you’re ready to ride, [contact Jade Bike Loans to discuss finance](/) for your first ride! Phone Us Today 1300 000 003 **Categories:** Bike Buying Articles --- ### [Moto Guzzi V7 II](https://www.jadebikeloans.com.au/blog/bike-buying-articles/moto-guzzi-v7-ii) **Published:** July 16, 2016 **Author:** Publisher **Content:** **Inspiration from 1967, technology all today** In the 1960s it was all about change and revolution and amidst this mood, Moto Guzzi made a bold move and released its V7 in 1967. A significant milestone in motorcycle development as the first large capacity motorcycle to come out of Italy. With a retro mood in the air, Moto Guzzi has released the V7 II series – a nod to the heritage of the infamous V7 but with the technology and bold engine very much of today. **Individual Looks V7 II Series** The Moto Guzzi V7 II is available in three models – Stone, Special and Limited Edition Stornello. All feature many of the same elements including the Italian makers 750 cc, V-twin 90 degree engine but with individual characteristics. The differences are most notably in the wheels and paintwork. The Moto Guzzi V7 II Stone has a single colour, matte finish paint and alloy wheels. The master craftsmen at Moto Guzzi specifically chose the matte finish to showcase the chrome plating. The look of V7 II Special touring model is more in keeping with the original from which it draws inspiration with spoked wheels and the heritage style colour scheme in two tones. While the Limited Edition Stornello captures the racing spirit with a colour scheme of pastel white and racing red and polished alloy wheels. **Specs and Technology** The Moto Guzzi V7 II is loaded the manufacturers’ technology including their anti-lock braking system and their traction control system – Moto Guzzi Controllo di Trazione aka MGCT. To maximise safety while maintaining the great pleasure of riding a Moto Guzzi, this advanced system is amalgamated with the engine management system. Other standard specs include 6 speed gearbox, Euro 3 emission rated and double cradle steel tubular frame. Brakes are stainless steel disc, 320mm on the front and 260mm on the rear, Brembo radial mount 4 spot calliper front and 2 spot floating calliper on the rear. A very generous 21 litre fuel tank with a 4 litre reserve will cover you for a long stint. **Must Have Extra** While these hand-built motorcycles have a very comprehensive standard set-up, one of the most popular accessories is the Moto Guzzi Multimedia Platform. Pretty much an essential in this current era of connectivity. The platform is a Bluetooth app which connects your smartphone and motorcycle to deliver a number of functions including the owner manual, the instrument display, navigation and your trip details **Hand-built Italian Style** Whichever Moto Guzzi V7 II you choose, you are assured of iconic Italian style and the pinnacle of motorcycle craftsmanship. To assist you in acquiring a piece of motorcycle history and heritage, speak with Jade Bike Loans about a finance package. We even have [bike loans bad credit](/bad-credit-bike-finance) Just like the Italian craftsmen at Moto Guzzi, Jade consultants tailor bike finance deals to specifically suit the rider and the ride. As experienced [motorcycle finance](/) experts, we know the market, know the bikes and know finance so we can source the most suitable loan for you. Contact Jade Bike Loans now by phone or email and head online for our [Online Bike Loan Calculator for an estimate on the monthly boat loan repayments](/calculator) on your Moto Guzzi. **Categories:** Bike Buying Articles --- ### [Product Showcase: Harley-Davidson Road King](https://www.jadebikeloans.com.au/blog/bike-buying-articles/product-showcase-harley-davidson-road-king) **Published:** June 5, 2016 **Author:** Publisher **Content:** **Classic Timeless Touring** When it comes to touring the open road or just a very comfortable commute, the Harley-Davidson Road King is the ultimate choice of ride. Classic name with timeless style, the Road King continues its evolution with modifications and features which add to rider enjoyment and overall performance. The company’s Project Rushmore has delivered even further innovations with the objective of making riders ride better – 103 cubic inches of power, dual halogen headlights, ergonomic and taller handlebars, saddlebags are one-touch, and Reflex™ Linked Brakes with ABS control. Harley-Davidson spend millions of hours in the saddle on route to continue improving on their classic tourer. **Control, Convenience With Colour** The Road King is powered by an air-cooled 103 cubic inch (1687cc) twin cam engine with a weight of around 370 kgs with full fuel tank. With all that power you need control, which is delivered with the introduction of Reflex™ Linked with Anti-Lock Braking System. The right amount of braking is delivered to each tyre through the electronically linking the front and rear brakes. Convenience is well-considered with the ergonomically designed, two-up Road King seat with narrow neck and deep bucket to provide comfort and support while the lower seat height plants your feet lower to the road to build confidence. The saddlebags feature one-touch opening, even with gloves on, which is commonsense that makes for no-nonsense loading. Also sensible modifications are brighter indicator lights and brake lights for safer rider and the hand controls have received the ergonomic treatment. Now located right under the thumbs with left-hand cruise and improved dash panel. Colour – colour???? Yes to the classic Harley fan, black is THE colour but now you can individualised your King with a range of colours including Cosmic Blue Pearl, Purple Fire/Blackberry Smoke and Red Sunglo **Sleek, Clean, Style with Function** The trademark shaped fuel tank, with a capacity of 227 litres, offers a great canvas to showcase your chosen colour and highlights the attention to style with function. Dual Hiawatha headlamps and halogen fog lamps emit higher quality of light, 986 lumens, for safer riding while adding a new style feature. The clean, sleek lines are retained but with a stiffened front end and increased fork diameter to give you a smoother ride and solid cornering. The Road King is a top of range tourer and shifts into gear with ease thanks to the six-speed cruise drive transmission, while air adjustable rear shocks accommodate varying payloads and road conditions At around $32,495 with 24 months unlimited kilometre warranty, the 2016 Harley-Davidson Road King is on top of many riders’ wish list. To assist you on getting out on the open road on a Road King, contact Jade Bike Loans to discuss a great bike loan. [As professional finance brokers, your Jade bike loan broker has access to a range of many lenders so they can source the best finance package to suit you and your Harley Davidson](/broker). Whether it be for personal or business purposes. If you’re heading out for a test ride, you can conveniently use the [Jade Bike Loan Calculator from your mobile device to get a quick estimate of possible monthly repayments](/finance-calculator). [Contact Jade Bike Loans](/) now and rev up your purchase plans. **Categories:** Bike Buying Articles --- ### [Product Showcase: Ducati Diavel Titanium](https://www.jadebikeloans.com.au/blog/bike-buying-articles/product-showcase-ducati-diavel-titanium) **Published:** June 5, 2016 **Author:** Publisher **Content:** **Italian Style, Craftsmanship, Emotion** [Ducati](https://www.ducati.com/au/en/home) prides itself on creating the world’s most attractive motorcycles, the very embodiment of Italian style and craftsmanship. Special motorcycles that not only look amazing but incorporate the latest technology and stir emotions with every ride. With the Diavel Titanium, the Italian masters have redefined ‘special’. This Limited Edition addition to the Diavel range owns exclusiveness, showcases the craftsmanship and tempts with technology. Premium Individuality The Diavel Titanium features the standard Diavel engine, the Ducati Testastretta 11° DS 162 hp with sport, touring and urban riding modes with a range of aesthetic enhancements including a prestigious, individually numbered plaque on the rear of the bike. This is an exclusive offering of only 500 bikes. The list of add-ons is impressive and as the name implies, titanium and carbon feature heavily. The authentic features start with the titanium finish. The fuel tank covers, seat and headlight have received special titanium sanding and brushing treatment. A racing look with in-built strength yet lightness is achieved with the inclusion of high quality carbon fibre parts including the specially designed engine air intakes, front and rear mudguards, radiator covers and front sprocket covers. The surround of the tank and the windscreen also receive the carbon fibre treatment, while the passenger seat receives both carbon and titanium. Carbon cover with titanium insert. **Defining Details** The details are which really define the Diavel Titanium as exclusive. The forged black wheels are of a dedicated design and are machine-finished. The exhaust pipes have Zircotech ceramic lining, the rear view mirrors are machined aluminium and the silencers of high quality stainless steel. As you would expect from Italian craftsman, the finishing touches of comfort are of the finest quality with the leather and Alcantara seat finished with handcrafted stitching. With sports, touring and urban modes to select from to suit your mood, the road and traffic environment, the Ducati Diavel Titanium is more about just its looks. It’s seriously practical and comfortable as well as exhibiting formidable performance in a highly exclusive package. But exclusivity, uniqueness and individuality come at a price and with the Ducati Diavel Titanium that is in the premium price range. Which is why Jade Bike Loans are on hand to bring that individuality to your garage with an attractive bike finance package that is as individual as you and your Diavel Limited Edition. As professional finance brokers, your Jade [bike loan broker](/broker) has access to a range of many lenders so they can source the best finance package to suit you and your Street Twin. And don’t forget to include your choice of Inspiration Kit in the overall purchase price so it too will be included in your finance package. If you’re heading out for a test ride, you can conveniently use the Jade [Bike Finance Calculator](/finance-calculator) from your mobile device to get a quick estimate of possible monthly repayments. Contact [Jade Bike Loans and talk to an experienced bike finance broker to get approved today](/). **Categories:** Bike Buying Articles --- ### [2016 Yamaha WR 450F](https://www.jadebikeloans.com.au/blog/bike-buying-articles/2016-yamaha-wr-450f) **Published:** June 7, 2016 **Author:** Publisher **Content:** **Enduro Offroad Agility** With major improvements in several areas, the 2016 model of the Yamaha WR 450F has been built to build even further on its existing popularity with enduro racers, recreational riders and long distance rally racers. Australian and New Zealand riders and Yamaha race team managers had significant input into the development of the new model and to commemorate that involvement, the company is making a special offer of a 60th anniversary edition for customers in Oceania area only. An offer which will no doubt be snapped up with the new WR450F delivering weight, power, agility and rideability improvements based on the highly dominant YZ-F. Yamaha stress that the WR450F is not designed for continuous ‘on-road’ riding but has been modified for compliance and rego for competition and endure use. **Moving Forward with A Rear-Slant** The most significant change for the new WR450F is utilising Yamaha’s rear-slanted engine with the innovative reverse cylinder head. For riders, this gives the machine a less front-heavy feel, better balance and better turning. In tech terms, the increased intake and exhaust efficiency enhances the linear torque feeling and delivers easy-to-use power. It’s incredibly fast but softer than previous models. The chassis has also been updated with a design based on the YZ450F to deliver more agile handling due to the aluminium bilateral beam frame running with the suspension systems. The design of the electric starter has also been updated with a new auto-decompressor system for easier starting under most conditions and for better cold starts, the air supply to the engine can be increased. The bike is equipped with a kick-starter as backup. The forks are the same on the 2016 WR450F as on the Yamaha motocross equivalent but with dedicated endure settings for smoother operation at low speeds. **Enhanced Ride Features** A full lighting kit is included with a high output ACM to deal with increased demand on electrics. Riders are kept well informed of fuel levels and other indicators via a multi-function display with endure computer. A choice of nine adjustments is provided for fuel and ignition maps. See more information at the [Yamaha website](https://www.yamaha-motor.com.au/buying/offers) To match the speed of this machine, the brakes have received attention with a 270 mm front disc as has the radiator. Slimmer and lighter than previous models the 2016 Yamaha WR450F has input from serious champion riders with improvements for serious riders. A motocross feel which will serious and impressive enduro performance. If you’re serious about your enduro and have your eye on the 60th Anniversary edition of the new Yamaha WR450F then why not speak with Jade Bike Loans about a bike finance package to match the performance. [Contact Jade Bike Loans today and deal with a specialist motorcycle bike finance broker Australia-wide](/broker). If you’re heading out for a test ride, you can conveniently use the Jade [Bike Loan Calculator](/calculator) from your mobile device to get a quick estimate of possible monthly repayments. [Contact Jade Bike Loans now for cheap easy approved off road bike finance](/) **Categories:** Bike Buying Articles --- ### [Product Showcase: Triumph Street Twin](https://www.jadebikeloans.com.au/blog/bike-buying-articles/product-showcase-triumph-street-twin) **Published:** June 7, 2016 **Author:** Publisher **Content:** **Customisable Classic** The Street Twin is one of five new Bonnevilles that Triumph Motor Cycles is introducing into the Australian market during 2016. The new models are a result of the company’s extensive research, development and engineering program which has included both the bikes and the range of accessories. It’s been described as an update on a modern classis and with over 150 new accessories including several packaged kits, the opportunities to customise are seemingly endless. **New High Torque Engine** One of the major highlights for most Bonneville buffs will be the exciting new 900cc engine, air-cooled, parallel twin 8 valve engine, which delivers high torque – a peak of 80Nm at 3200rpm. High torque with high style, with clearly an impressively high level of attention to detailing in the engine looks and finishing. The look is refined yet sharp, ideal to match the responsiveness of the new engine and with the new chassis and suspension, riders can anticipate a truly engaging on-road experience. The Street Twin has a five speed gear box, twin exhausts and impressive chassis with 41mm forks and twin shocks. **All About The Ride** Everything about the new Street Twin is about the ride, both in comfort and technology. Ergonomically superb with lower seat height and rider-focused control with anti-locking braking system, two-level traction control and an electronic package which includes a Ride By Wire throttle. You can keep an eye on the electronics on the multi-function LCD display, located below the speedo. It shows a range of details including clock, two trip settings, traction control, servicing, gear position, clock and most importantly two fuel consumption indicators– average and instant. A display which will impress with the significant fuel consumption improvement on the Street Twin, 36% according to Triumph. That’s a real technology triumph. **Original Style, Contemporary Detail** Triumph have kept the silhouette ‘youthful’ with minimal bodywork but maximum style for a modern classic. Cast wheels, its own fuel tank design, contemporary graphics and an exciting colour range all add to the effect. But for the rider who really likes to make a statement, the Street Twin’s appeal lies in the vast customisability options. There are in excess of 150 new accessories to select from or take advantage of the company’s three ‘Inspiration Kits’ where the selection has been made for you. The Scrambler, Brat Tracker and Urban packages offer less expensive options to accessorising and individualising your ride compared with selecting individual items from the catalogue. The Triumph Street Twin rates high for rider friendliness, dynamics, aesthetic appeal and style and with that new 900cc engine, off the scale for power. More Product Knowledge [Here](https://www.triumphmotorcycles.com.au/motorcycles/classic) If the Triumph Street Twin rates high with you, contact Jade Bike Loans Broker to discuss a great bike finance option. As professional finance brokers, your Jade broker has access to a range of many lenders so they can source the best finance package to suit you and your Street Twin. And don’t forget to include your choice of Inspiration Kit in the overall purchase price so it too will be included in your [Triumph bike finance](/) package. **Categories:** Bike Buying Articles --- ### [Review : Suzuki GSX-S1000](https://www.jadebikeloans.com.au/blog/bike-buying-articles/review-suzuki-gsx-s1000) **Published:** June 13, 2016 **Author:** Publisher **Content:** **Spirit of the racetrack** The exciting new GSX-S1000 brings the spirit of Suzuki from the racetrack to the street. Derived from the perpetual podium-inhabitant GSX-R1000, the GSX-S shares racetrack-bred technology and performance but packaged in a street riding chassis. With a heritage dating back to 1980, this new series is designed for riders who want comfort and rider-friendliness to match the speed and performance features. The GSX-S1000 is a great combo – comfortable, fast and well-priced. **Key Features Impress** The GSX-R engine powers this model, but tuned for street use with titanium valves replaced with stainless steel, with a broad range of power and torque and efficiency delivered with state-of-the-art technology. The advanced traction control system is an impressive feature for less tiring and hence more enjoyable riding by allowing greater confidence with throttle control in even diverse conditions. You can set the system to any of the three modes with a very smooth and natural feel on engine output. Suzuki has designed a new chassis which makes the GSX-S1000 even more fun to ride – a lightweight and compact package with a focus on handling in actual street and road conditions. Using finite element analysis techniques, the frame is lighter than the GSX-R1000. This technique was also utilised to engineer the new pistons for optimal weight and rigidity. The fuel tank has a capacity of 17 litres and, with this bike designed for the long ride, that represents around 300 klms. Top of the range Brembo Monobloc calipers are installed as is antilock braking system with a lightweight control unit to make the bike more nimble. **Data on Display** While on a long ride or even a city sprint, all your performance data is easily accessed from a very comprehensive instrument display. Readouts are shown for the speedo and tacho, odometer and two trip meters as well as water temperature, traction control mode and gear position. Fuel can be checked for level, range, instant and average consumption. And of course a clock to keep you on time. Riding position is upright yet sporty with the low seat height of 815 mm. **Personalise with Accessories** While matte black aluminium handbars are standard there are plenty of extras and accessories, include genuine carbon items, to personalise your ride. The Suzuki GSX-S1000 truly brings a rich heritage into the realm and reach of today’s riders, who are after a solid performance machine that is comfortable to enjoy for the long ride. Find their company website for [more product information](https://www.suzukimotorcycles.com.au/range/road/): The GSX-S1000 is well-priced for its features but if you do require finance to get yours, give Jade Bike Loans a call to discuss arranging an attractive finance package for you. As professional [finance brokers, your Jade broker has access to a range of many bike finance companies and banks](/broker) so we can source the best bike loans and personalise the details for you, just like your bike. If you’re heading out to the showroom for a look, you can conveniently [use the Jade Bike Loan Calculator](/calculator) from your mobile device to get a quick estimate of possible monthly repayments. [Contact Jade Bike Loans Here For A Motorbike Loan Pre Approval](/approval) **Categories:** Bike Buying Articles --- ### [Review on the new Honda CBR300R and sourcing cheap bike loans](https://www.jadebikeloans.com.au/blog/bike-buying-articles/review-honda-cbr300r) **Published:** June 13, 2016 **Author:** Publisher **Content:** With both visual and performance reflections of Honda’s larger Supersport range, the single-cylinder CBR300R is a great entry into this market and comes with serious cred – endorsed by the reigning superbike champion. With the CBR300R, Honda has continued to build on the solid CBR250R platform and delivered a fuel-efficient, liquid-cooled engine boosted to 286cc capacity. A compact bike that is suited to a wide range of rider abilities and within a good budget range for both initial purchase and fuel efficiency. A great entry-level bike to the supersport category. ## **New Motorbike In Town** With style inspired by the larger CBR1000R, the sleek lines and angular shape of the CBR300R derive from the steeply raked rear seat and full fairing. The rider seat has been re-shaped to provide improved ground reach and with three colour schemes available – Gunpowder Black Metallic, Millennium Red and Tri-Colour, this is a sweet looking ride. Learners and novice riders will appreciate the well-balanced nature of the CBR300R which instils confidence, especially in tight turning situations. But it’s not all about the looks, with the larger capacity, Honda has greatly improved the acceleration and more efficient highway cruising is achieved thanks to the lengthening of the 6-speed gearbox ratio. Great throttle response has been achieved via PGM fuel injection and the new muffler design enhances the style while singing a very pleasant exhaust note. With the CBR300R you can get the revs happening without having to break the speed limit. Important for city riders! In the chassis, Honda has found the ideal balance between sporty and stability as a result of the steel diamond twin-spar frame. You can enjoy the exciting feel of sporty cornering and the confidence and surety from stability when you pick up speed. Another key feature is the well-dampened, reactive suspension achieved via the telescopic forks and Pro-Link rear mono-shock which gives the rider the feel expected. The brake system is well-matched to chassis, power and suspension with both ABS and non-ABS options available. ## **Honda CBR300R Specifications and Dimensions** The fuel tank capacity is 13 litres and with the claimed fuel efficiency of the engine, that should allow plenty of rides between fill-ups. Dry weight is reported at 160 kg for non-ABS and 163 kg for ABS option, placing the CBR300R within the handling capacity for most sized riders. With a price range from around $5700 – $6000, the Honda CBR300R is set to be a popular choice for both city commuters and those who enjoy a longer ride. Visit the [Honda website](https://motorcycles.honda.com.au/) to get more on this great motorbike. ## **Securing Finance For Your Motorbike** To finance your CBR300R, speak with Jade Bike Loans for a great bike loan. As professional finance brokers, your Jade broker has access to a range of many lenders so we can source the [best bike loans](/) and personalise the details for you, just like your bike. If you find yourself having a test ride and want to move on the purchase, just use the Jade [Bike Finance Calculator](/calculator) to get a quick estimate of possible loan monthly repayments. **To apply for motorcycle lending, call 1300 000 003 today.** *DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE PRESENTED PURELY FOR GENERAL INFORMATIONAL PURPOSES FOR MOTORBIKE BUYERS AND THOSE SEEKING MOTORCYCLE LOANS. THIS IS NOT INENDED AS THE SOLE SOURCE OF INFORMATION FOR FINANCIAL DECISIONS. IF SPECIFIC ADVICE IS REQUIRED AROUND FINANCIAL DECISIONS, READERS SHOULD SEEK THEIR OWN FINANCIAL ADVISOR.* **Categories:** Bike Buying Articles --- ### [Product Showcase: Kawasaki KX 450F](https://www.jadebikeloans.com.au/blog/bike-buying-articles/product-showcase-kawasaki-kx-450f) **Published:** June 13, 2016 **Author:** Publisher **Content:** **Lighter, Impressive Motocrosser** The 2016 Kawasaki KX450F is slimmer, lighter and faster and with multiple champion Matt Moss on the race team, Kawasaki is set to seriously contend and aims to dominate the 450cc motocross class. But, in line with the company philosophy they have held to for over 40 years, the KX450F is just as much for the everyday rider and mid-level competitor as it is for the experts. Packed with technology, the weight loss has improved performance with the fuel-injected, liquid-cooled 4 stroke delivering hard-hitting power. **Lighter and Slimmer** At 108.7 kg the company attests the KX450F is now the lightest in its class having shed 3.4 kgs from the previous model. Both the engine and chassis have had a significant weight reduction while the chassis is slimmer. The engine group components weigh 2 kgs less than previous models and the transmission gears and shafts have been trimmed of excess material for a 260g weight loss. A combination of lightweight construction and narrower design has created a slimmer, lighter aluminium perimeter frame with thicker walls in the sub-frame for rigidity and strength. The slimmer package has good ergonomics while the revised riding position increases control and the 400g weight loss provides better handling. **Sharper Handling, Better Control** Just about every part of the new KX 450F and the result is improved and increased circuit performance and sharper handling and three power plugs to adjust power. The advantage comes straight out of the blocks with Launch Control Mode, a factory feature which gives riders a competitive edge at the start gate by ensuring an efficient race start in slippery conditions. This map retards the ignition timing to allow the tyres to gain better grip in low-traction conditions. **Sharp Looks** Not only slimmer but sharper looking, the 2016 KX 450F features a minimalist bodywork appearance and rear fender restyling. Everyday riders share racing looks which match the new performance and handling. Adjustable pegs and handle-bars enhance the machine’s ergonomics. Black alumite coated rims, Candy Lime Green Type II finishes on oil cap, front forks caps and impressive factory-style graphics enhance the style and looks and factory image. The KX450F is packed with technology which you will no doubt check out in detail in the showroom, online or on a test ride. Here is [more info](https://www.kawasaki.com.au/en-au/purchase-tools/compare-vehicles/motorcycle/kx). Wherever you are when you make the decision to ‘go slimmer and lighter’ with the KX 450F, Jade Bike Loans is there to assist you with a great bike loan. You can use the online Jade Bike Loan Calculator from your mobile device while you’re at the showroom or in the paddock eyeing someone else’s KX450F to get a quick estimate on your possible monthly repayments. Once you have made the decision to purchase, a call to Jade [Bike Loans](/) will quickly rev up your deal. As professional finance brokers, your Jade broker has access to a range of many lenders so they can source the best finance package to suit you and your KX450F. If you’re heading out for a test ride, you can conveniently use the Jade [Bike Loans Calculator](/calculator) from your mobile device to get a quick estimate of possible monthly repayments. **Categories:** Bike Buying Articles --- ### [2016 Honda CBR500R](https://www.jadebikeloans.com.au/blog/bike-buying-articles/2016-honda-cbr500r) **Published:** June 24, 2016 **Author:** Publisher **Content:** Already the biggest selling sports bike in Australia, the upgraded and re-designed 2016 version of the Honda CBR 500R is built for even wider appeal. LAMS approved and very popular for new and learner drivers, the Honda CBR 500R performs equally well on winding country roads, race tracks and city streets and with the new upgrades, it looks even better than its predecessor. **Comprehensive Upgrades** The CBR500R has received a significant re-design with host upgrades. As a snapshot of the upgrades – revised plastics, LED lights both rear and front, a larger fuel tank with a hinged cap, wave-style ignition key, the seat has been re-designed and it also features an adjustable front brake lever. The muffler is shorter, it has new engine touches and passenger footpegs in aluminium die-cast. The angular shape gives a very contemporary style but it’s not all looks-only. The forks have a preload adjustment and the transmission has been tweaked. ## **Performance of 2016 Honda CBR500R** The design of the 500cc liquid-cooled, parallel-twin DOHC engine is totally modern, extremely solid and delivers economical riding with superior rider comfort. Riders will enjoy the crisp throttle response across a range of conditions, thanks to the Programmed Fuel Injection and the revel in the responsive sports handling due to the diamond-shaped, lightweight yet rigid, steel rube frame. Sports-inspired, the new CBR500R has a comfortable yet dynamic seating position, more comfortable than its predecessors, ABS on front and rear are standard for safety and the overall ride gives a confident feeling of stability. Likely one of the major reasons it is so popular with learner riders. ## **Motorbike Specifications and Statistics** Liquid-cooled, 8 valves, 471cc capacity engine with electronic fuel injection and Euro 3 emission compliance. Six-speed, chain drive transmission with wet clutch. Fuel capacity is 16.7 litres and fuel efficiency is legendary on this Honda model. The LCD display is fully digital with the expected details, ie speed, tacho, fuel, clock, directly viewable plus two odometer, two trip meters, fuel consumption stats can be easily accessed by clicking through the selection. Security is paramount with the Honda Ignition Security System a standard feature on the CBR500R. Refined and smooth with enhanced rider comfort and a great finish, you can choose from Millenium Red, Pearl Metalloid White, Black/Candy Energy Orange and Matte Gunpowder Black Metallic colour schemes for your 2016 Honda CBR500R ## **Motorbike Financing Options** As a very popular LAMs approved bike, the CBR500R attracts new riders and many are new buyers in the bike market. More on this great motorcycle [here](https://motorcycles.honda.com.au/) But being a new rider or a new buyer doesn’t have to mean you don’t have access to a great bike loan deal. Talk to the professional [bike finance broker](/broker) consultants at Jade Bike Loans, you’ll quickly realise that we know our business and can offer a great bike loan even if you have low or no documentation or poor credit history. We’re experienced in sourcing great bike loans for all types of bikes and riders and with access to many lenders and many lending products, we work hard to ensure your finance ride is as smooth as your Honda ride. **Contact Jade [Bike Loans for approved finance](/) on your new Honda CBR500R on the road ASAP.** **Categories:** Bike Buying Articles --- ### [Ducati Hypermotard 939](https://www.jadebikeloans.com.au/blog/bike-buying-articles/ducati-hypermotard-939) **Published:** June 24, 2016 **Author:** Publisher **Content:** **Hyper impressive family** Ducati claims to ‘build emotions’ but on a practical level they build arguably the world’s most attractive bikes and with the new [Hypermotard](https://www.ducati.com/au/en/bikes/hypermotard/hypermotard-698-mono) 939 family, the Italian masters have created yet another special motorbike. With impressive new generation design, trademark Italian performance and innovative technology, the Ducati Hypermotard 939 certainly has amazing looks but it also ‘walks the talk’ or more aptly ‘rides the talk’ with its focus on delivering ‘hyper’ enjoyment. **Unmistakable Style and Design** The Ducati Hypermotard 939 stands out for a lot of reasons, well beyond its Italian minimalist style and defining design. It’s suitable for all riding styles with attention to proportion, ergonomics, practical rider features and incorporates Ducati’s famous technology. It is dirtbike-inspired with high clearance and the slender tail piece and narrow side make for a distinctive profile and design which is highlighted by the new hand guards and integrated LED indicators. The Hypermotard 939 is available in Star White Silk, the Hyperstrada 939 also available in, of course, Ducati Red while the 939SP has its own special livery. The silhouette is attractive yet light and compact. **Hyper Performance** The Hypermotard 939 is powered with Ducati’s new 937cc Testastretta 11°, liquid-cooled engine which features a 10% increase in maximum torque, gives 113 hp and is Euro 4 compliant and enhances the versatility of the Hyper. So it’s more responsive, more powerful and more fluid. This four valve engine includes significant technical solutions, reflecting the manufacturer’s engineering reputation and heritage. In technical terms, all fuel is atomised, as fuel injectors aim the fuel directly at the hotter rear end of the intake valve while a secondary air system optimise engine operation through controlled oxygen flow. The 939 has a dynamic chassis set up which has both ergonomics and agility for a hyper attitude. The 939 has Riding Mode Technology, Power Modes, the Ducati Safety Pack with Bosch 9MP ABS all standard. An advantage of Riding Mode Technology on the Ducati, is that your customised pre-sets remain the default even after switching the engine off, saving the hassle of having to re-set each ride. Sport Riding Mode is Level 1 and has reduced anti lift-up while Level 2, the Touring and Urban Riding Modes provide excellent stability on braking. **Hyper Personalisation** As if the Ducati Hypermotard 939 was not distinctive enough on its own, a number of accessory packs are available to personalise yours to suit your distinctive style. Advanced electronics with innovative technology are to be expected from these Italian masters of engineering excellence. Just as you seek to personalise your Ducati Hypermotard to suit your style, at Jade Bike Loans, we seek to personalise our bike finance packages to suit our clients’ specific requirements. We understand bikes and their riders, their aspirations for the ride and for their life goals and put together great bike loans to suit both. [Jade Bike Loans is an experienced bike finance broker](/) so we are not tied to any particular bank or lender. We have access to many options and will select the best to present to you. Contact Jade Bike Loans now and test ride our bike finance packages **Categories:** Bike Buying Articles --- ### [Moto Guzzi V9 Roamer and Bobber](https://www.jadebikeloans.com.au/blog/bike-buying-articles/moto-guzzi-v9-roamer-and-bobber) **Published:** June 24, 2016 **Author:** Publisher **Content:** **Italian-style Retro** Perhaps it’s their innate and infamous style, but the Italians manage to make retro not only cool and stylish but incorporate high tech and ergonomics for contemporary riders. The new Moto Guzzi V9s, the Roamer and the Bobber, which have emerged from the factory on the shores of the iconic Lake Como in Italy, bring the retro V7 concept into an exciting high tech package. Hand-built in the classic heritage style and spirit of the sought-after Italian maker, both the Roamer and Bobber feature the maker’s iconic 850cc transverse V-twin engine but each with its own personality and ride features. The bikes both feature a similar set of specs but the differences primarily in the front end, deliver the major differences in ride. With a larger, narrower front wheel diameter, the Moto Guzzi V9 Roamer is the elegant cruiser of the pair, a mid-range machine with a gloss pearl paint scheme, diamond cut rims and distinctive chrome details While the Bobber has a smaller, yet oversized 130mm front tyre features a traditional matte paint scheme with the mechanical details blacked-out to create distinctive attitude and character. **Superior Style and Quality** With Moto Guzzi holding a leading position in bike innovation since 1921, it’s not surprising that these V9s feature superior tech specs including the company’s continental twin channel Anti Lock Brembo Braking System. Their advance traction control system, Moto Guzzi Controllo di Trazione, maximises safety by being integrated with the actual engine management system and the Marelli electronic fuel injection system is definitely more now than 70s. The technology is highlighted best with the multimedia platform, the Moto Guzzi Media Platform (MG-MP), which while an accessory, will likely morph into a must-have for most. The MG-MP is a Bluetooth module which the rider connects via their smart phone to access a range of functions such as the instrument panel to show vehicle parameters, trip info, navigation and even the owner’s manual for easy reference. **Unique Engine** The Bobber has a solid, robust feel while the Roamer delivers a cruising, more free-feeling to the ride. Both are impressive handlers especially on tight roads with compliant suspension, are low seated 770 mm with good legroom and that unique Moto Guzzi engine. 853cc, 4 valve, 4 stroke, air/oil cooled, 90° V Twin with maximum power claims of 55 hp at 6250 rpm and max torque of 62 Nm at 3000 rpm. Transmission is 6 speed constant mesh with a dry, single plate clutch, fuel capacity is 15 litres. **Cred and Attitude** If you want the retro Italian style, cred and attitude with contemporary technology of the 2016 Moto Guzzi V9 Roamer or V9 Bobber, then talk with Jade Bike Loans to bring this 70s dream into your reality. As unique and hand-crafted as Moto Guzzi, your Jade [bike loans](/) consultant will tailor a bike loan to suit exactly your specs. As professional [bike loan broker](/broker), accredited with over forty [bank bike loan lenders](/), we have access to hundreds of loan products from which to select the one which is best suited to you and your ride. For [More Information](https://www.motoguzzi.com/au_EN/) On This Wonderful Bike. **Categories:** Bike Buying Articles --- ### [2017 Suzuki SV650](https://www.jadebikeloans.com.au/blog/bike-buying-articles/2017-suzuki-sv650) **Published:** June 24, 2016 **Author:** Publisher **Content:** **Exhilarating performer returns for encore** After its former self was retired some years back, the [Suzuki SV650](https://suzukicycles.com/street/2023/sv650-abs) backs its return to our shores in 2017 with exciting changes which are set to impress a wide range of riders. LAMS approved, the all-new SV650 has been engineered for all riders and designed for all roads. Suzuki have really gone to work on improving the SV650 with significant changes to chassis, components and the engine. It’s lighter, slimmer and has very good ergonomics. **Key Features to Note** First the engine and the Suzuki V-Twin 90° 645 cc has apparently had more than 60 changes made and is superbly versatile while delivering easy-to-handle power with exceptional fuel efficiency in its class. State of the art engine management is achieved via the Engine Control Module (ECM), with enhanced settings. Other key features include the company’s Dual Throttle Valve fuel-injection system and the multi-function LCD instrument panel which not only looks amazing, it is backlit with six levels of brightness to adjust to driving conditions. But of most significance is the Low RPM Assist feature as this is new technology from [Suzuki](https://www.jadebikeloans.com.au/blog/bike-buying-articles/2017-suzuki-sv650/). It adjusts engine speed at take off and during low speed riding to streamline power delivery. The Suzuki Easy Start System is another feature of note. The SV650 can be started by briefly pressing the start switch without using clutch, when in neutral. The SV650 introduces Nissin-manufactured, state of the art ABS technology with large dual front disc brakes 240mm rear brake discs, making an impressive braking package for power and feel. **Aesthetics Rule** In the looks department, the SV650 has some appealing attributes with slim lines, low seat height, slender fuel tank which still takes 13.8 litres and a very smart-looking and smart-performing exhaust system. The system has been especially design as both light and compact, delivers the power and sound you expect from a Suzi while meeting Euro 4 standards. The rear end is sleek with the tail and brake lights integrated into a twin LED configuration. Ergonomics are enhanced with well-proportioned handlebars and foot control position for a relaxing riding stance. **Legacy Lives On** The Suzuki emblem has come to represent performance, sophistication and reliability to many generations and the release of the SV650 in Australia brings the excitement of the brand to a new generation. It’s available in Pearl Mira Red, Pearl Glacier White and Metallic Matte Black Many consider the previous 650s were good but the 2017 Suzuki SV650 is primed to set a new benchmark where simplicity and advanced exist in the same impressive package. If you are considering re-visiting your SV650 memories with the new model or want to experience your first, then talk to [Jade Bike Loans for a great bike finance deal](/). As a company, we don’t like to be bettered, so our finance consultants work hard, for you, to deliver the cheapest interest rates and cheapest bike loans available or if you are credit problematic use our great lenders that [approved bad credit bike Loans](/bad-credit-bike-finance) [Contact Jade Bike Loans now and try our exciting bike loan deals](/broker) **Categories:** Bike Buying Articles --- ### [BMW Motorrad C650 GT and Motorbike Finance](https://www.jadebikeloans.com.au/blog/bike-buying-articles/bmw-motorrad-c-650-gt) **Published:** July 10, 2016 **Author:** Publisher **Content:** The innovative C 650 GT maxi, touring scooter from BMW Motorrad is equally suited to commuting in the city or cruising on the open road with the powerful 60hp engine. A LAMS approved model, the C 650 GT has plenty of features to ensure confidence for new riders and comfort for all riders. Highlights include the new mirrors, which are set higher, vibrate less and improve the view rear, the adaptive daytime riding light and boasting the biggest storage capacity for its class. ## **Specifications and Motorbike Features** The look of the C 650 GT is smart and sophisticated with a very distinctive rear section. Notably is the attention to detail on the seat, the handlebar cover and chrome details. Power is delivered by the water-cooled in-line twin-cylinder engine and with the re-designed clutch, the C 650 GT has faster low-speed acceleration. As a LAMS approved bike, safety features abound on the C 650 GT with both ABS and ASC (anti-slip control) standard inclusions. The ASC, in particular, will be much appreciated in difficult road conditions, for example, preventing back wheel spin in the rain. Another safety feature is how the daytime running lights adjust automatically to suit the light and the convenient seat height. The first impression of the BMW Motorrad C 650 T is comfort! The stretched silhouette, seat design, rider position and easy accessibility are immediately visible. Look closer and notice the windscreen which can be adjusted electrically, the large storage capacity and the trademark BMW elegance. The BMW C 650 GT inspires confidence in learner riders, as it is easy to ride and user friendly with a fuel-efficient engine. It is one of three LAMS approved machines in the BMW Motorrad range, the others being the C 650 Sport, which has the same engine and transmission as the C 650 GT, and G 310 R. The C 650 GT is available in three colour schemes – Frozen Bronze Metallic, Black Storm Metallic and Light White – and each seems to change the look and personality of this exclusive maxi scooter. The Black Storm Metallic with its predominantly black palette with a touch of grey on the front guard is a very business-like look, off to the city office. The Frozen Bronze exudes a sophisticated, elegant persona while the Light White gives a completely different look to the machine – a more fresh and funky appeal. Whatever your style, you can accessorise your C650 GT with the range of options available. [More on the great motorcycle here](https://bikereview.com.au/news/new-bmw-c-650-sport-and-c-650-gt-maxi-scooters/). ## **Sourcing Motorbike Loan Options** If the BMW Motorrad C 650 GT appeals to your sense of style and suits your purpose, then why not [talk with the experts in bike finance](/) – Jade Bike Loans. We have access to loan products from over 40 different lenders, which represents over 400 loan products including speciality motorcycle loans, and options for bad credit bike finance, so we have the flexibility to choose the best loan for your purposes. ## **Calculate Your Bike Loan** Jade Bike Loans is an experienced [motorbike finance broker](/broker), so we work for YOU, our customer, serving your best interests and providing assistance, guidance and hands-on help throughout the entire finance process. [Head over to our motorbike finance repayment calculator to get the best lending options available Australia-wide](/finance-calculator). **Contact Jade Bike Loans now by phone or email and utilise our online bike loan calculator for a quick estimate on repayments before you head into the dealership.** *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 INENDED AS THE SOLE SOURCE OF INFORMATION FOR FINANCIAL DECISIONS. IF SPECIFIC ADVICE IS REQUIRED AROUND FINANCIAL DECISIONS, READERS SHOULD SEEK THEIR OWN FINANCIAL ADVISOR.* **Categories:** Bike Buying Articles --- ### [Harley-Davidson Street 500 Features and Specs](https://www.jadebikeloans.com.au/blog/bike-buying-articles/harley-davidson-street-500) **Published:** July 10, 2016 **Author:** Publisher **Content:** [Harley Davidson built the Street series as an affordable machine](https://www.harley-davidson.com/au/en/index.html), a machine with the mobility to take on the urban environment, take on a friend and above all, take on the pride of being an owner of arguably the worlds’ most well-known name in motorcycles. Street 500 is a LAMS approved, 500cc machine, powered by the liquid-cooled Revolution X™ engine and packed with the premium details and features that are synonymous with Harley Davidson. ## **Premium and Authentic Features** The liquid-cooling maintains engine temperature and in concert with the 60.4” wheelbase, this is a nimble machine, ideal for tight turns and stop-go city riding. The easy lock-to-lock handlebar sweep combined with the lightweight frame makes quick manoeuvres easy to handle when moving and the low weight make it easy to handle when stopped. For novice riders, there are plenty of confidence-boosting elements from the low 28” seat height which makes it easy for you to reach the ground, to the comfortable riding position afforded by the position of the foot controls, which are set slightly forward and mid-mount. The new foundation brake system adds to the confidence factor with impressive features incorporated to provide predictability when applied. [Traffic is no snarl for the Street 500 with the smooth-shifting six-speed transmission and the skinny width wide diameter wheels, especially suited to city roads](https://www.harley-davidson.com/au/en/motorcycles/2020/street-500.html). The shocks are also specially tuned for the challenges of urban riding. ## **Why Choose the Harley-Davidson Street 500** Chances are you’ll want to take a friend, or better put, many friends will want to ride on your Harley-Davidson so Street 500 has a 2 up a seat and comfortable footpegs for the passenger. The brake and clutch levers have been given the ergonomic treatment – a design that will be most welcomed by the hands of all-day city riders. Also welcomed, the new electronic speedometer. Handlebar-mounted with a 3.5” dual face, it displays all required information including a hot coolant light. The style and look is pure Harley-Davidson with the sturdy steel teardrop-shaped 13-litre fuel tank, fenders in steel of course also, a 3-D chrome emblem (no flunky decals here), café style windscreen, premium paintwork and finishes with dark edgy details. Unmistakably all Harley and all action. The Street series has been specifically built in all black as the perfect blank canvas for customising. Harley-Davidson motorcycles are built in the company’s USA headquarters in Milwaukee, Wisconsin and available from dealers across Australia. ## **Sourcing a Motorbike Loan** When you’re ready to take on the city on a Harley-Davidson Street 500, Jade [Bike Loans](/) is ready to assist you to make the most of the experience with a great finance package. We are specialists in bike finance and like Harley Davidson, we are committed to customer loyalty and customer service. We’ll seek you the most suitable loan for your requirements, handle all the paperwork and provide your own [bike finance broker consultant](/broker) as the point of contact for the process and beyond, to your next bike purchase. **Contact Jade Bike Loans now by phone or email and utilise our [online bike finance calculator for a quick estimate on loan repayments](/finance-calculator) before you head into the dealership.** **Categories:** Bike Buying Articles --- ### [2017 Kawasaki KLX110](https://www.jadebikeloans.com.au/blog/bike-buying-articles/2017-kawasaki-klx110) **Published:** July 10, 2016 **Author:** Publisher **Content:** **Kid friendly features for mini-moto fans** The passion for motorcycles can start at a very early age, Kawasaki recognises that and have a selection of models, specifically designed for the mini-moto fans. The 2017 Kawasaki KLX110 is a fun bike, with motocross looks and loads of kid-friendly features packed into the standard package. Neutral only starting, adjustable throttle limiter, the 4 speed transmission, automatic clutch, multiple heat shields, smooth delivery of power and lower chain guard are just some of the features which go into this fun machine. The KLX 110 is designed for riders of up to 70kg with ergonomics to cater for a wide range of funsters. **Specs and Features** The engine is an air-cooled single cylinder 112 cc which is both easy to operate and to maintain. A high quality oil filter enhances the life of the engine. The KLX 110 offers both kick and electric starter with a keyless switch easily accessible on the handlebar with digital CDI ignition for a reliable start. A red light indicates when the machine is in the ON position, a handy safety precaution. Designed for adventurous, off road excitement, the KLX 110 has a very sturdy, lightweight chassis construction comprising high tensile steel tubing frame and braced mono-shock swingarm. The transmission is a 4 speed gearbox, operated with an automatic clutch to keep operation simple and for ease of riding. A significant safety feature is the lockout system – the engine can only be started in neutral. 90mm drum brakes are fitted front and rear. Front suspension is 30mm telescopic fork and rear is a single shock. For ease of transport, the overall length of this mini fun machine is 1560mm, width 650mm and height 955mm. It has a 1075 wheelbase and ground clearance of 660mm and weighs around 76 kg with the 3.8 litre fuel tank full. **Motocross Looks** The [Kawasaki KLX110](https://www.kawasaki.com.au/en-au/motorcycle/klx/off-road/klx110r) has all the sporty motocross-style so the young riders truly feel they are part of the scene. New shrouds, tank design, side covers, fenders and number plate are modelled on the KX4560F for that authentic motocross appeal. The KLX 100 is available in trademark Kawasaki lime green. All considered, the Kawasaki KLX 110 is reliable, low maintenance and easy to have fun machine. A great entry level bike for young riders, from one of the world’s most respected manufacturers of off road bikes. Kawasaki manufacture a wide range of motorcycles to suit all riders, all conditions and across most budgets. The name has been on the Australian scene since the mid 1960s and has won both a legion of fans and racing accolades over the decades. If your young riders are ready for their first bike, then the Kawasaki KLX110 might be the machine for them. To facilitate your purchase, Jade Bike Loans can arrange great deals on all types of bikes – big and mini! Jade Bike Loans is Aussie bike finance broker, experienced in any large financial institution, but with access to loan products from over 40 leading lenders. So we can handpick the loan that will best suit your individual circumstances. We can arrange [pre-approval bike loans](/approval) so you are organised before you head into the dealership and fast approval if you need to get that purchase finalised for a birthday or Christmas present. [Contact Jade Bike Loans now](/) **Categories:** Bike Buying Articles --- ### [2016 Yamaha XSR900](https://www.jadebikeloans.com.au/blog/bike-buying-articles/2016-yamaha-xsr900) **Published:** July 13, 2016 **Author:** Publisher **Content:** **Timeless authenticity reborn** As an [iconic motorcycle](https://www.yamaha-motor.com.au/products/motorcycle/road/sport-heritage/xsr900) manufacturer, Yamaha knows that motorcycles are far more than a means of transport. For most riders – they’re a lifestyle! Featured in the Yamaha Autumn 2016 Lifestyle brochure is the stunning new Yamaha XSR 900 from the sports range collection. The XSR 900 has a nod to the iconic Yamaha XS1 from the 1970s in both its name and in the inspiration which brought this great bike to being while the ‘R’ pays homage to its sports bike heritage. **Pure, Timeless Design** The Yamaha XSR 900 has a design which is essentially timeless and reminiscent of bikes of eras past, but which is totally contemporary in appeal and performance. This stylish new package is based on the MT-09 3 cylinder motor but with its own persona. A more upmarket version and more comprehensive overall package. As you would expect from Yamaha, the 4 stroke liquid-cooled motor incorporates a number of the latest technology features available in the motorcycle world. The Crossplane concept engine is a powerful 3 cylinder, 850 cc which is equipped with traction control system as well as an assist and slipper clutch which well suits the refined, more upright riding position and provides agile handling and instant torque. The Traction Control System can be adjusted to riding conditions, across three performance modes with a choice of minimal intervention, maximum intervention or system OFF when required. The system defaults to the ON status at start-up. The Yamaha D-MODE selection system adds to the total control factor by allowing the rider to switch engine characteristics to suite the ride – sharp response or a more mild setting to suit the more challenging roads. The ride is even more enhanced with the ergonomic riding position. **Specs and Features** The Yamaha XSR 900 is compact and light and a great value package as standard. Features include steel diamond frame, six speed transmission, 25 degree rake, hand-polished aluminium details, 298mm floating front discs, radial-mounted calipers and a 14 litre fuel tank, which has stylish aluminium covers. A split level stitched seat set at 830mm, aluminium fenders both front and rear, matching side covers also in aluminium coordinate magnificently with the aluminium headlight stay. The biggest dilemma is which colour to choose? The amazing muted steel blues of Rock Slate or the stand out style of the Garage Metal. The Yamaha XSR 900 is winning fans for its comprehensive package and for paying homage to timeless greats. If motorcycles are a lifestyle for you then the Yamaha XSR 900 might be the choice for you. Great price, great package, great performance from an iconic proven manufacturer. Yamaha dealers are located across Australia but before you head out for a test ride, get your [Yamaha Bike finance](/) organised so you can accelerate the purchase process. Contact a great performer [bike finance broker – Jade Bike Loans](/broker). As a professional finance broker, Jade is not committed to any one or limited selection of loan products. We have a choice of over 80+ lenders so we can select the best loan for you and work in your best interests to source you the best deal. To get an estimate of your possible monthly repayments, make use of our online [bike loan calculator](/calculator). It’s free to use and very handy to prepare you to negotiate with a savvy dealer. Contact Jade Bike Loans now and test-drive our bike loan deals **Categories:** Bike Buying Articles --- ### [Honda CRF230F](https://www.jadebikeloans.com.au/blog/bike-buying-articles/honda-crf230f) **Published:** July 16, 2016 **Author:** Publisher **Content:** **Power through the dirt** From Honda’s range of off-road motorcycles, the CRF230F is one of the most popular for discovering the off-road experience. Featuring Honda’s dependable and reliable 223cc air-cooled 4 stroke single cylinder engine, the CRF230F has plenty of inclusions to have the recreational rider powering through the dirt. **Rider Focused** While the young and fun at heart will be drawn to the great trail bike look and the bodywork and graphics of the Honda CRF230F, the style and design features have real rider benefits. The seat is a motorcross style and set low to maximise rider movement and provide comfort. The bodywork is inspired by the Honda Racing and wraps a lightweight high tensile steel frame, which means cutting edge looks and a bike which is described as extremely forgiving. Electric starting adds convenience to the rider benefits as does the smooth shifting features of the versatile 6 speed gearbox combined with the easy-to-handle clutch. This heavy duty clutch enables smooth progression and engagement of gears for easy riding on and off road. **Dependable Power** Recreational riders will love the dependability of Honda’s 223cc engine and the smooth, even delivery of power and torque. The Honda name is synonymous with reliability and dependability matched with performance. Exactly what you want when you are off road and off the grid for urgent service. On the chassis and suspension front, the CRF230F has long travel suspension and box section aluminium swing arm which is a first in this class. At the rear, the Pro-Link® suspension provides smooth action as they ride on needle bearings with the additional benefit of durability. Other durability and low maintenance factors include the heavy duty O ring sealed chain, the maintenance free CD Ignition system and snail type chain adjusters. Dirt and moisture is kept away from the fork seals with the addition of fork boots. The lower engine cases are protected with high impact plastic skid plates. The 7 litre fuel tank combined with the fuel efficient 4-stroke, makes for a lot of off-road fun in the dirt. **Specs** Honda CRF230F specs include wheelbase at 1372mm, seat height 878mm, 305mm ground clearance, kerb weight 113 kg and fun and enjoyment factor – max! Honda is one of the world’s best known manufacturers of quality motorcycles, offering a comprehensive range of on road, off road, sports, racing and other machines. The bikes are available from dealers throughout Australia The Honda CRF230F is suited to a wide range of riders, from young to older, and maybe a great family fun machine for you. Find [more info](https://motorcycles.honda.com.au/models/offroad/trail/crf250f). Jade Bike Loans is ready to discuss making that fun dream a reality with a finance package to purchase your Honda. We are specialists and [bike finance broker](/broker) that offers loans for all types of bikes including off road model. [Jade Bike Loans has access to bike financing products from over 80+ lenders](/), so we can source the most suitable loan for your specific requirements and the specific bike you are purchasing. We have a very friendly and approachable team of consultants so contact Jade Bike Loans and discuss your bike loan Contact Jade Bike Loans now by phone or [online](/approval) **Categories:** Bike Buying Articles --- ### [Kawasaki Ninja 300](https://www.jadebikeloans.com.au/blog/bike-buying-articles/kawasaki-ninja-300) **Published:** July 16, 2016 **Author:** Publisher **Content:** ## **A LAMS 3 litre favourite** There are a lot of reasons, both practical and aspirational, that have the Kawasaki Ninja 300 positioned as one of the favoured LAMS certified bikes in the country. Sure, the LAMs certification is a big selling point with the growing motorcycle community, but the Ninja 300 has the style and feel of a superbike in this easy to ride, learner-rated package. ## **Features Meet Function** The Kawasaki Ninja 300 is a great entry-level bike as the key features not only look good but have very real benefits in function and rideability. The ergonomic riding position suits a broad range of riders and places the rider in a very natural riding position for commuting through traffic or cruising on the highway. A big confidence booster to the learner is being able to easily reach the ground thanks to the low sculpted seat, which incidentally gives the Ninja 300 streamlined, sporty lines. The 300cc, 4 stroke, parallel twin Kawasaki fuel-injected engine delivers smooth engine and sensational fuel economy. Very important for the enthusiastic novice who just wants to ride and ride and ride and with a 17-litre fuel tank, it will be a long time between drinks for the Ninja 300. For safety, the Ninja 300 is set up with large responsive front petal disc brakes and multi-reflector headlights for exceptional illumination. ABS is available as an extra. ## **Easy to Ride** A lot of the standard features on the Kawasaki Ninja 300 contribute to its easy to ride nature while at the same time creating a racing technology-based performance ride. Such as the slipper clutch which derives from the race track, is a back-torque limiter and a self-servo mechanism delivers a light clutch lever pull, overall making for easier riding. Stability and handling are delivered thanks to Uni-Trak rear suspension, large rear tyre aids straight-line stability and other elements. The manufacturer’s heat management technology contributes greatly to rider comfort by directing heat away from the rider. ## **Signature Ninja Attitude** The Ninja 300 continues the design concept of the series, with superbike lines and assertiveness. Available in two colour schemes – Passion Red and Lime Green with ebony detail from Kawasaki dealers throughout Australia. Here is their [website](https://www.kawasaki.com.au/en-au/). Easy to ride, practical, fuel-efficient and awesome, the Kawasaki Ninja 300 is considered the class leader and if it’s leading your list of ‘which bike to buy, then check in with Jade Bike Loans for a quote on finance. We’re like ninjas when it comes to securing our clients a great bike loan, even if you have credit history issues, no docs or have never taken out a loan before. Jade Bike Loans is an experienced finance broker, with specialist experience in the motorcycle lending field so we understand bikes and bike enthusiasts. We work hard for our clients, handle all the paperwork, liaise with the dealer and provide you with all the details to make an informed decision on proceeding. If you would like to get an estimate of what your monthly repayments may be on a Kawasaki Ninja 300 before you call us, just log on to our online Bike Loan Calculator – easy, fast, and convenient! [Contact Jade Bike Loans](/) now by phone or online **Categories:** Bike Buying Articles --- ### [Be Quick for Limited Edition Harley-Davidson](https://www.jadebikeloans.com.au/blog/bike-buying-articles/be-quick-for-limited-edition-harley-davidson) **Published:** April 19, 2022 **Author:** Publisher **Content:** Whenever the iconic motorcycle brand [Harley-Davidson](https://www.harley-davidson.com/au/en/index.html) launch a new model there is quick response from keen aficionados of the badge to secure their ride with a cheap motorbike loan. But when that release is an exclusive limited edition, the need for speed is intensified and urgent. Such will no doubt be the case with the news of a limited edition Harley-Davidson Street Glide Special. Reportedly only 500 will be available worldwide with only 8 set for the Australian-New Zealand market. The exclusive aspects are highlighted by the paintwork – Arctic Blast. An impressive outcome which is the result of the collaboration between Harley and Gunslinger Custom Paint in the US state of Colorado. Other features on this limited edition ride include batwing fairing which is distinctive, hard saddlebags which are both lockable and stretched, low profile engine guards and special infotainment system. A Harley VP is quoted as saying the paint work needs to be viewed in person so as to be fully appreciated with some of the details needed to be seen close-up. This include the blue pearl effect and the ghosted hexagon which is patterned on the fairing. To see this special Harley up close and to find out if you have a chance of securing one, you’ll need to check with your Harley-Davidson dealer. To ensure you are in a position to order/buy speak with Jade Bike Loans to arrange pre-approved finance. **Pre-Approved Loans for Exclusive Models** Securing an exclusive or limited edition run motorcycle can be a case of being first and fast. But it can also mean being smart. Having your loan secured prior to visiting the dealership can be the factor that puts you ahead of the pack with confirming an order. Pre-approved motorbike loans are the solution to FOMO and are available on all makes and models. The [interest rate](/motorbike-loan-interest-rates), loan type and other finance features are the same as when you source a loan after you’ve placed your order. The only difference is that the loan is quoted, negotiated and sourced prior to an order being placed. At that point, buyers don’t necessarily have a specific and final purchase price. That is no problem. We source pre-approved loans based on an estimated price and finalise the paperwork at settlement when we receive the invoice from the dealer. We also assist with settlement by liaising between our lender and your dealer. Pre-approved loans do have a timeframe after which they expire but they carry no obligation. So if you do secure a pre-approved loan but miss out on that limited edition ride or you change your mind, no problem when dealing with Jade. As the interest rate is the same as post-order loans, buyers can refer to our [Bike Loan Calculator](/finance-calculator) to calculate a rough repayment estimate to ensure the bike is within expectations and affordable. Just enter the RRP for the motorbike and the term you would prefer to repay the loan to see the repayment estimate displayed. **Motorbike Loan Options** The most popular type of loan for both limited edition and more widely available motorcycles is the [Secured Bike Loan](/secured-motorcycle-loans). The format is easy to understand – the bike is the security or guarantee against the loan and the loan is repaid in equal monthly instalments over a set timeframe known as the loan term. Our Secured Bike Loan features and details include:- - Jade’s cheap interest rate which is fixed. That means fixed over the entire loan term not just for some initial promo period as may be the case with some lenders. - The interest rate and loan conditions are negotiated for each individual applicant by our consultants. - The loan term is fixed which in conjunction with the fixed loan term delivers a fixed repayment amount. The repayments are equal monthly amounts that remain constant over that timeframe. - If desired, loan holders can make additional payments. Making payments which are extra to the scheduled repayments results in the loan being repaid earlier than the agreed loan term. Paying out a loan early means you own the bike sooner but a break fee would generally apply. Refer to our article on how break fees are calculated for more details. Secured bike loans can be applied for online or over the phone with one of our consultants who will handle the process for you. **Missed that limited edition?** If you missed out on capturing your limited edition Harley Davidson Arctic Blast Street Glide Special, why not consider another in the street glide collection. Possibly the 2021 CVO Street Glide which also has bold styling and that trademark Milwaukee Eight V-twin. Or another colour scheme in the Street Glide Special collection which, while not exclusive like the Arctic Blast, still has the stand-out look and cult appeal that is classic Harley-Davidson. Check out all the colourways available. Jade Bike Loans offers cheap interest rate loans on all models in the Harley-Davidson collection and our own trademark service to ensure our customer secure better motorcycle finance. **For a quote on a Harley-Davidson loan, contact Jade Bike Loans at 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.* **Categories:** Bike Buying Articles --- ### [Securing Two for ’22: Motorbike Loans for New Models](https://www.jadebikeloans.com.au/blog/bike-buying-articles/securing-two-for-22-motorbike-loans-for-new-models) **Published:** April 26, 2022 **Author:** Publisher **Content:** The annual Ride Your Motorcycle Week may have sparked your interest in buying a new motorcycle for 2022. The major motorcycle manufacturers have a great track record for delivering exciting new offerings each year with sneak peaks and launch dates teased out in the latter part of year prior. We update on the latest news in the motorcycle sector including the new bike release calendar, motorbike loans for new models and interest rates. **Ride Your Motorcycle Week** 29 November through to 5 December 2021 marked the fifth annual Ride Your Motorcycle Week. A nationwide initiative to prompt riders to put lockdown aside and get back on their bikes. Mmm, we don’t think many riders would need prompting to go for a ride but it is a great opportunity to focus on the sector. The focus is on dusting off the bike, getting it serviced and then hitting the road, trail or track. The event coincide with Australian rider Remy Gardner being crowned 2021 Moto2 World Champion and he threw his support behind the initiative. The message is to ensure your bike is safe through proper servicing and enjoy riding. FCAI Chief Executive Tony Weber said the goal of the week is for riders to enjoy riding after the pandemic had put strain on mental health. Mr Weber explained that motorcycle riding is a great way to manage your stress, to connect with friends and get back in the world. He quoted that studies reveal motorcycle riding can stimulate the mind, keep riders fit and focussed and improve cognitive function associated with age. If you missed the week but would like more information head to the website to catch up. If Ride Your Motorbike Week or any other event has incentivised you to purchase a new bike – your first or your next, read on for info on what models are due in 2022 and how to buy yours with a cheap bike loan. **New Bike Releases – When?** If you’re looking to buy in 2022 then you’re going to want to know what new models to put on that want list to check out. Despite global supply issues impacting many sectors, motorcycle brands are scheduled to deliver new models onto the Australian market in 2022. For details on what to expect, we referred to the experts at [bikesales.com.au](https://www.bikesales.com.au/) who have put together a great buying tool – their New Bike Release Calendar. An essential resource for those planning a new bike buy. Early in 2002 from January through the first quarter of the year, expect the following models to hit our shores:- - CFMoto 800MT Touring and Sport - MV Agusta Brutale - Yamaha XZF-R7 - Kawasaki H2 SX - Kawasaki Versys - Ducati Multistrada V2 - Ducati Panigale V4 - BMW K 1600 - BMW CE 04 - BMW S 1000 XR M Sport - Ducati Streetfighter - Husqvarna Norden 901 - KTM 1290 Super Duke R, R EVO and GT - Suzuki GSX S-1000 - Triumph Speed Triple 1200 RR and Tiger Sport For those planning further ahead with intentions to purchase in the second quarter and beyond, refer to the bikesales calendar for what to expect and keep an eye out for. Stock availability is of course dependent on many issues but hopefully there will be plenty of new models for buyers to test ride, consider and buy. **Motorbike Loans** With some new 2022 models apparently already sold out and occasionally limited quantities of some special models available at any time, prospective buyers can be smart and get their finance sorted beforehand. Jade Bike Loans provides pre-approved finance which is ideal for ensuring you’re at the head of queue when order books open. So how does a pre-approved bike loan work? Well, pretty much the same as how you would apply for any motorbike loan except the application is made and the approval process is carried out before the actual bike sale is made. Individuals can apply for a pre-approved [Secured Bike Loan](/secured-motorcycle-loans) to: - Find out exactly how much they would be approved to borrow. - Know what interest rate they would be offered. - See loan repayments they would be looking at for different priced makes and models. It’s best to have at least some idea of what price range you are considering so our consultant can source a quote for an estimated loan amount. Once your loan is approved, it is valid for a certain amount of time. That gives you the chance to get around and test ride different bikes and when you’ve made your decision you can make the commitment on the spot. After signing the sales contract, contact your Jade consultant and they will finalise the loan based on the exact invoice from the dealer. We’ll also liaise between lender and dealer for a smooth settlement process. Use our [Motorbike Loan Calculator](/finance-calculator) to work up estimated loan repayments to set your budget. So mark those new release dates in your diary, apply for your loan and get set for a great year of riding in 2022. Lending interest rates remain at historic low levels but there are strong indications that rates will start to rise soon. The lending sector is expecting the RBA to increase the cash rate in June and that would cause a rise across the lending markets. **For a loan quote on a 2022 release motorbike, contact Jade Bike Loans at 1300 000 003** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *PRESENTED PURELY FOR GENERAL INFORMATIONAL PURPOSES FOR MOTORBIKE BUYERS AND THOSE SEEKING MOTORCYCLE LOANS. THIS IS NOT INENDED AS THE SOLE SOURCE OF INFORMATION FOR FINANCIAL DECISIONS. IF SPECIFIC ADVICE IS REQUIRED AROUND FINANCIAL DECISIONS, READERS SHOULD SEEK THEIR OWN FINANCIAL ADVISOR.* **Categories:** Bike Buying Articles --- ### [2023 New Model ETAs - Plan Purchases with Motorbike Finance](https://www.jadebikeloans.com.au/blog/bike-buying-articles/2023-new-model-etas-plan-purchases-with-motorbike-finance) **Published:** February 10, 2023 **Author:** Publisher **Content:** If this is THE year for that new motorcycle, you may want to know when new models are arriving in Australia and your options in regard to motorbike finance. [The team at bikesales](http://www.bikesales.com.au) have posted their annual calendar of when new models are expected to be available for sale in Australian showrooms to assist buyers. **To assist buyers with planning purchases of new model releases through 2023, Jade Bike Loans has prepared tips for getting approved for motorbike finance**. According to the post from bikesales, some of the due-for-arrival models are already sold out with pre-orders. Priority tip – if you are interested in securing a particular model, talk to us about how we can assist by getting your finance approved in advance of the actual sale. **New Model Launch Timings** According to bikesales, these are the expected arrival times for just some new models in the first half of 2023:- - Several CFMOTO models are due in the first half of the year, including the 300CL-X, 450SR and the 800MT Explore. - [Ducati’s new Panigale V4 SP](https://www.ducati.com/au/en/home) was due in January and is being advertised on the company’s Australian website. The ride away pricing displayed is $70,200 so [buyers can refer to our calculator](/finance-calculator) to work up finance repayment estimates. - In late February two KTM models are due – the 890 Adventure and Adventure R. - A number of Suzuki models are expected in showrooms in March – the Avenis I25, and V-Strom 1050, 1050 DE and 250SX. - BMW also has a number of models due for Aussie buyers in March – the M 1000R and RR and the R 1250 R and RS with the S 1000 RR due this month. Sometime between April and June two limited edition BMWs are expected – the 100 year models of the R 18 and R nineT. With limited units available, buyers should speak with us about finance options to reserve their machine. - The Street Triple line-up from Triumph is due in March. - Honda is due to have the new CB750 Hornet available in April and the XL750 Transalp in June. Also in April the Super Meteor 650 from Royal Enfield and the Aprilia Tuono 66 Factory are expected. - Ducati fans can expect the new Monster SP and range of Streetfighter V4s sometime before end of March and in the same timeframe MV Agusta buyers can expect two new Lucky Explorer models. For the Diavel V4 and Multistrada V4 Rally, Ducati buyers look like needing to wait until April-June. Also in May-June a number of new Moto Guzzi models are expected. With issues still affecting some overseas manufacturing plants and possible delays with shipping, keen buyers should stay across updates. For definite timings and updates, interested buyers should stay in touch with their local dealer and/or take action to place a pre-order to reserve their machine. **Motorbike Finance Planning** For those requiring finance for their purchase in 2023, the [Secured Motorcycle Loan](/secured-motorcycle-loans) remains the same in regard to features and benefits. But over time, the interest rate could change as the Reserve Bank changes rates to bring down inflation. This is a key issue to keep in mind for those planning finance months in advance. While we always work to achieve the cheapest rates, lenders may increase rates in response to RBA decisions. If working up estimates on our calculator, calculate estimates at different rates to allow for any variations. Also, be mindful of possible changes in pricing when the new models are actually available for sale. Vary the loan amount when calculating repayment estimates to cover this and include any extras you may like to order with the machine. Interest rates displayed by lenders are for new motorcycles for loans for those with a good credit score. Now may be a good time to address any issues with your credit rating and start improving your personal balance sheet by paying off any other debts. **Getting Approved for Motorbike Finance** We have two ways to approach motorbike finance applications for those planning forward purchases. Pre-approved loans can be arranged ahead of relatively short-term purchases. Once offered, the loan is valid for a certain time period. If not used within that time the offer expires and would need to be requoted. The other option is to get approved well in advance, to have a clearer indication of the amount you would be approved for, what interest rate you would be offered at this point in time and what the repayments on that amount would be. Be mindful that when the loan is actually required in say a few months’ time, the rate and repayments may be different. Whatever your buying timeframe, our consultants will work with you to present a workable way forward for the motorbike finance. **Contact Jade Bike Loans on 1300 000 003 to discuss the motorbike finance options ahead of the availability of new models.** *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.* **Categories:** Bike Buying Articles --- ### [Get Ready for Upcoming Harley Davidson HOG Rally](https://www.jadebikeloans.com.au/blog/bike-buying-articles/get-ready-for-upcoming-harley-davidson-hog-rally) **Published:** February 28, 2023 **Author:** Publisher **Content:** It’s happening in September so now could be the right time for enthusiasts to start preparing. For what? For a celebration of what is widely considered THE best motorcycle name in the world – Harley-Davidson. The event – the Harley Owners Group HOG rally which is set to be held at The Bend Motorsport Park at Tailem Bend in South Australia across the weekend of 22-24 September. 6 months away? Get ready now? Yes, there are plenty of compelling reasons as to why now is the right time especially if attendees want to ride to the event on their new Harley-Davidson. Getting on with the purchasing should be a priority. If buying a new machine with finance, interest rates are a very compelling reason to act quickly. Based on statements from the [Reserve Bank of Australia (RBA)](https://www.rba.gov.au/ "Reserve Bank of Australia") interest rates are likely to go up not down over coming months. Getting in before future rises could represent a significant savings on total interest payable on the loan and could mean lower repayments. For those cruising from other states, there will be planning the route, how long to take off work and of course making accommodation bookings. So start getting organised. **Harley Davidson HOG Rally** The National HOG Rally is extra special as it marks the 120 year anniversary for the Harley-Davidson brand. Tailem Bend is south-east of Adelaide, just over an hour’s ride. The location is in the Coorong an Murray River Lakes area with plenty for visitors to explore while in the region. Tailem Bend is renowned for its world-class motorsport facilities and for hosting major events. **Event Details** The Rally includes a great program of activities including music and entertainment, guided rides, a motorbike show, track sessions, Show ‘n Shine and games. In addition, there will be tech talks from experts. Tech gurus from Harley-Davidson Australia will be conducting seminars to assist owners get the most from the latest tech, on setting up their motorbike and maintenance. For those travelling from interstate or intrastate a range of accommodation options are available. They include the brand-new Rydges Pit Lane Hotel which is at the site itself. Parking facilities for motorcycles is available at the hotel or close by. The nearby Big 4 Holiday Park is another option. The accommodation caters for campers, caravan owners as well as includes cabins and dorms. Murray Bridge is close by and offers hotel and motel accommodations. Event organisers will be running shuttles from some of the major accommodation providers to the event site over the weekend. Tickets can be purchased via the event website with pricing at $99 for HOG members. Tickets are also available at higher prices for guests of members and different pricing for children depending on age. The member ticket covers the 3 days and includes extras such as participation in some activities and patch, pin and t-shirt. Individual one day passes can be purchased at the gate. **Buying a 2023 Harley-Davidson Model** Who wouldn’t want to rock up to the 2023 HOG Rally on a brand new, latest model Harley-Davidson. The [2023 collection](https://www.harley-davidson.com/au/en/motorcycles/index.html?format=json;i=1;locale=en_AU;q1=bikes;sp_cs=UTF-8;x1=primaryCategoryCode "2023 Motorcycles | Harley-Davidson Australia") includes 22 machines to suit the full range of riders. Sport Models include the Sportster S from $28,495 and the Nightster Special from $25,995. There are 9 Cruiser models to consider including the Fat Boy 114, Low Rider S priced from $32,495 or why not go top of the range with the Heritage Classic from $37,995. There are 7 models in the Grand American Touring Range including the CVO Road Glide Limited with a $64,995 starting price. There’s also an Adventure Tourer and the range of Trikes to check out. All prices mentioned are as posted on the brand website. To compare models based on pricing and finance, use the advertised pricing as the loan amount and use our [finance calculator](/finance-calculator "Bike Lending Calculator") to work up rough repayment estimates. Remember to check the t’s and c’s on the pricing for what is and isn’t included in that price. If you want extras and accessories, your Jade consultant may be able to include the cost in the loan. **Purchasing New Motorcycle with Finance for HOG Rally** **To purchase a new Harley-Davidson to ride to the HOG Rally in September, buyers can engage in Jade Bike Loans to secure cheap interest rate finance.** With [our cheap rates](/motorbike-loan-interest-rates "Motorbike Loans - Interest Rates"), the purchase pricing may be far more affordable than you imagine. We can provide pre-approved finance so buyers know exactly how much they are approved for and can proceed to select the Harley-Davidson that fits their budget. Fast approvals and prompt settlements are available so we won’t hold up your preparation to attend the 2023 HOG Rally. In regard to interest rates, the RBA said further rate rises would be needed in the months ahead. But the January inflation figures, recently released by the Australian Bureau of Statistics, show a drop from the December rate. Inflation now at 7.4% down from 8.4% in December. Inflation is considered to have peaked in December and these latest figures may provide some reason to hope that the RBA may consider smaller increases or holding rates steady in the coming period. Regardless of interest rate situation, we are well-positioned to source the cheapest rates as we are accredited with many lenders. **Contact Jade Bike Loans on 1300 000 003 to discuss finance on a new Harley-Davidson to ride to the 2023 HOG Rally.** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Buying Articles --- ### [Latest interest rates indications from RBA](https://www.jadebikeloans.com.au/blog/bike-buying-articles/latest-interest-rates-indications-from-rba) **Published:** March 27, 2023 **Author:** Publisher **Content:** For riders intending to upgrade to a new motorcycle with finance in the near or medium future, the big issue is most likely going to be the cost. The cost of the bike for sure but also the cost of the motorcycle loan. The latter determined primarily by interest rates. The rates charged by consumer finance lenders, which include [Secured Motorbike Loans](/secured-motorcycle-loans "Secured Motorcycle Loans") are impacted by decisions made by the Reserve Bank of Australia (RBA). As most Australians will be extremely well aware, the RBA Board has increased interest rates ten times since May of last year. That is at every one of their meetings. Buyers wanting some indication or direction as to what may happen with rates ahead of their purchase and loan application can read the RBA statements. A Monetary Policy Statement is posted to the [RBA website](https://www.rba.gov.au/ " Reserve bank of Australia") following each Board meeting to announce the cash rate decision for that month. But even more details are revealed in the Minutes of each meeting which are released a few weeks after the meeting. There was much attention paid to one particular comment by RBA Governor Lowe following the March meeting. That was in regard to the mention of a pause in rate rises. A pause was discussed at the December meeting along with arguments for and against a larger 0.5% rise and the 0.25% increase which was decided. The minutes of that March meeting are now available and contain more detail about the timing of that possible pause. The minutes also include extensive coverage of the economic conditions globally and domestically and the pressures that are continuing to keep inflation at high rates. Information which may be of value to those intending to apply for a motorbike loan and wondering what rates will be at that time. We’ve extracted a few of the most relevant mentions in the minutes in this blog post. **Relevant Points – Minutes of RBA March Board Meeting** - It is difficult to gauge the underlying condition in the labour market from the increase in unemployment on the January figures as a result of the possibility of a seasonal trend. The increase may indicate a ‘turning point’ in what has been a very tight labour market. Alternatively, it may be due to seasonal effects. The February figures will provide more information in this regard. - The Board discussed their concerns in regard to the slow growth in productivity in Australia. For the past 3 years there has not been an increase in ‘net terms’. For businesses, this means no potential to offset the increasing labour costs. - These issues around the slow growth in productivity are relevant as the Board notes this could be a reason for inflation to continue at a high rate. High inflation is of course the reason for the interest rates increases and it may then be supposed that could mean further rises would be needed. - Inflation is expected to ease in the March quarter when considering the CPI data for January. But the Board notes that individual monthly data can be volatile. - The most important figures released in February in regard to the economy – unemployment, wages, GDP and inflation, were all ‘softer’ than the Board had expected. The Board discussed if this was a signal that the level of demand was actually weaker than what was previously assumed. But there were reasons for not emphasising the one period of data. - The forecast for inflation is for it to remain over the Board’s target of 2-3% for the next two years. Based on this forecast and the fact that the current rate is too high, the Board members agreed that another rate rise – more monetary policy tightening, was required. - The Board also observed, on consideration of the outlook for interest rates, that even further rises were likely to be required. - The Board assessed and discussed the issues around productivity growth, the forecast for inflation and other indications and noted that interest rates had reached ‘restrictive territory’. Also noting the uncertainty in the economic outlook. - With consideration of these outlooks, forecasts and current conditions, the Board discussed that a point would arrive when keeping the cash rate steady would be the appropriate decision. That means, pausing interest rates rises. - With further data to become available in the upcoming period – business surveys, inflation data, unemployment figures, retail trade etc, it was noted that this would provide important information. - The Board agreed that the arguments for holding the cash rate steady, ie no rate rise, would be discussed at the Board’s next meeting. That meeting being on Tuesday April 4. These are just a handful of the issues discussed by the RBA Board at its March meeting. Those wishing to know more can read to full document which is posted on the [RBA](https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-03-07.html " Reserve bank of Australia") site. **Motorbike Finance Interest Rates – What Next?** In these RBA minutes we have discussions about holding rates steady and mentions that further increases may be required. But the timing of which will come first is not at all clear. It should of course be noted that a number of events which look like being of great significance to the Board’s April decision have emerged since that March meeting. These are the issues impacting banks in the US and Europe and the latest unemployment data. The commentary in response to these events has many analysts anticipating a pause in rates for April. That would give buyers a reprieve from the ongoing interest rates increases, at least for a month and while the Board assesses the economic conditions. The lag between rate rises showing an impact in economic data was discussed at the meeting and is a consideration for a pause to allow the situation to be assessed. For buyers, the issue is sourcing the cheapest rates before any possible further rises. **With the RBA indicating a rate pause and possible further rises, motorcycle buyers can source cheaper interest rates on motorbike loans through Jade Bike Loans**. For buyers wanting rough estimates at our [Current Bike Loan Rates](/motorbike-loan-interest-rates "Current Motorcycle Loan Rates") use our calculator or just call for a quick quote to assist with the decision-making. **Contact Jade Bike Loans at 1300 000 003 for cheaper interest rates on motorbike loans.** *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.* **Categories:** Bike Buying Articles --- ### [June interest rates increase and getting that motorbike loan within budget](https://www.jadebikeloans.com.au/blog/bike-buying-articles/june-interest-rates-increase-and-getting-that-motorbike-loan-within-budget) **Published:** June 12, 2023 **Author:** Publisher **Content:** Following the surprise spike in [inflation for April](https://www.abs.gov.au/statistics/economy/price-indexes-and-inflation) as reported by the Australian Bureau of Statistics (ABS) it was less of a surprise that the Reserve Bank (RBA) announced another increase for interest rates. At its 6 June meeting, the [RBA](https://www.theguardian.com/australia-news/2023/jun/06/rba-interest-rates-reserve-bank-increases-cash-rate-by-25-basis-points-in-attempt-to-quash-inflation) lifted the cash rate by 0.25% making it the 12th increase since May 2022 and putting the cash rate, 4.1% at the highest level for 11 years. In making the announcement, RBA Governor Dr Philip Lowe said the latest increase was for more confidence that a return to target inflation would be achieved in a reasonable time period. Dr Lowe also said that there was still a narrow pathway to achieving the objective and it could be a ’bumby’ time for the Australian economy. While the inflation peak occurred in December, Dr Lowe said it could be a few years before the rate was in the 2-3% target range. Many may be questioning why there is so much focus on this target? Dr Lowe repeated comments made in earlier months that when high inflation extended over a long time it could damage the economy and all Australians would be impacted. While the big picture information can put rate rises into perspective, it may not address the individual concerns for those planning motorcycle purchases with finance. Specifically, with all these interest rates rises, what is the path to getting a [motorbike loan](https://www.ratecity.com.au/personal-loans/motorcycle) within budget **RBA June Interest Rates Announcement** The June decision by the RBA Board was to lift the cash rate by 0.25% to 4.1%. Main points in the announcement included:- - It will take some years for inflation to reach the target 2-3% range - The June decision was made to give greater confidence that inflation will reach the target in a reasonable amount of time. - High rates of inflation erode the savings of households; damage budgets; make it hard for businesses to invest and plan; and makes income inequality even worse. - The decision is a response from the Board to data re the outlook for inflation. This data indicating that inflation in the goods prices category is slowing but in the services category it is still persisting at high levels. Labour costs are increasing but the required pick-up in productivity is not evident. - Despite some easing, the conditions in the market for labour are still tight. - Productivity needs to improve to be consistent with the increase in growth in wages in r response to high inflation. - The Board remains vigilant to the potential risks of wage and price increases. How businesses set their prices along with wage rises are being closely watched. - Uncertainty remains in the international economy and with household demand levels. The possible necessity for further interest rates increases was flagged again. The decisions will be made based on the data. More information on what exactly was discussed at the 6 June meeting including what options were on the table in regard to interest rates will be known with release of the minutes on June 20. The next RBA interest rates decision is due on 4 July. **Follow-up Address by Dr Lowe** Dr Lowe addressed a business summit the day after the June Board meeting and decision. The address covered the ‘narrow path’ that presented for Australia to get to the inflation target effectively. Dr Lowe detailed how important the destination of that path, the target rate for inflation was from a number of perspective. Points to note from the address included:- - Inflation is currently at the highest level in 30 years. - Interest rate changes are the tool which the RBA has to control the rate of inflation. - Use of the tool available – interest rates, has complications. - There is evidence to indicate that higher interest rates are having an impact and the rate of inflation is dropping. - While the rate increased in April, inflation is showing a downward trend when the volatile elements are excluded from the data. - Data and movements that the RBA is closely watching are:- spending by households; movements in the global economic environment; how wages move in relation to productivity; and the expectations around inflation. - The significance of expectation in regard to inflation was explained as when there is an expectation that inflation will remain high, businesses increase prices and then wage increases are expected – and that further increases prices and keeps inflation high. - Australia could experience a bumpy time as the RBA navigates the narrow pathway to reducing the current high rate of inflation. **Getting a Motorbike Loan to Suit Budget** When the RBA increases the cash rate, the ripple effect is felt across lending markets as banks and lenders adjust their rates in line with their borrowing costs. This includes lenders in the motorbike lending market. However, there are variations in when these adjustments occur, creating an opportunity for our consultants to find the cheapest rates at any particular time. With our technology, resources, and expertise, we have access to more lenders and can handle the process quickly, ensuring you secure the most suitable [Secured Finance for Motorbikes](/secured-motorcycle-loans). Buyers in need of finance can rely on us to assist them in obtaining a motorbike loan that fits within their budget. Our priority is to secure the cheapest available rate and the most suitable loan for your specific needs. While individuals can carry out this process themselves, it can be incredibly time-consuming, potentially impacting their credit profile, and they may not have access to sufficient market coverage. That’s where our [Bike Loan Calculator](/why-jade-bike-loans) Specialists come in, leveraging their knowledge and industry connections to streamline the process for you. While interest rates are crucial when it comes to your loan, it’s equally important to consider the monthly commitments to keep your overall loan within budget. By discussing your budget with us, we can structure your loan with a term that delivers a repayment schedule realistically aligned with your current and future financial circumstances. It’s worth noting that with a Secured Motorbike Loan, you have the flexibility to make additional payments and expedite the loan repayment process. To ensure the entire loan remains within your budget, it’s worth considering the requested loan amount. Reducing the loan amount can lower your monthly repayments and decrease the total interest paid. Giving thought to providing a deposit can significantly reduce the loan amount and help you achieve your budget goals. To assist you in working out a loan structure that comfortably fits within your budget, we offer the convenience of our Loan Calculator. This tool will help you determine the most suitable repayment options and enable you to make informed decisions about your motorbike financing. **Contact Jade Bike Loans on 1300 000 003 to get a motorbike loan that works with your budget.** DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE *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.* **Categories:** Bike Buying Articles --- ### [Beat cost of living pressures with Harley-Davidson LAMS Models from under $12k](https://www.jadebikeloans.com.au/blog/bike-buying-articles/beat-cost-of-living-pressures-with-harley-davidson-lams-models-from-under-12k) **Published:** September 11, 2023 **Author:** Publisher **Content:** Harley-Davidson is an iconic brand when it comes to motorcycles. An aspirational brand that conjures a range of thoughts for different riders. But as a top-level brand, one of those thoughts may not be an affordable price tag and a ride for learners. But both of those are a reality with the new LAMS models from Harley-Davidson. The new X350 and the X500, quoted at under $12k rideaway pricing, may be ideal for new riders to enjoy the prestige of owning a HOG and for any rider to ease the cost of living pressures with an affordable purchase. Great purchase price and potentially lower transport costs than owning a car. When financed through Jade Bike Loans, add cheaper interest rates for lower repayments to the list of savings. The news of these new LAMS models will no doubt be extremely exciting for learners and new riders. The first models from Harley-Davidson were approved as LAMS motorcycles available for a few years. Reports have the X350 and X500 available in the Australian market late this year. Contact, or rush, to your local Harley-Davidson dealer for details and start talking motorbike loans with a Jade Bike Loans consultant. ## Harley-Davidson X350 & X500 2024 The X350 and the X500 have several similar features but the X500 has a larger engine and is taller. Both have a DOHC liquid-cooled parallel-twin 4 valve engine. They also have a 6-speed transmission, dual front disc branks, single rear brake, and foot controls mid-mount. According to Harley-Davidson, these new LAMS models provide full control through the adjustable from and rear suspension, to match the comfort with the performance. Control which may be welcomed by learners and new riders. The X350 features several design elements to assist riders to better grip the 350 when braking and cornering. They are the narrow shape of the seat nose plus the back of the fuel tank. These also allow for most riders to place their feet down flat when stationary. The X500 has American Roadster styling and the signature HOG LED headlamp. The seat is designed to provide greater comfort through width and pad thickness, for longer ride comfort. Both models are available in the same choice of colours – Pearl White, Dynamic Orange, Dramatic Black and Supersonic Silver. Now for the quoted pricing. Currently, the Harley-Davidson site is showing a ride away price starting from $8495 on the X350 and $11,495 on the X500. These prices may vary depending on the rego being included what that is in each state and other possible dealer charges. But that is a great indication to start planning a purchase. ## Harley-Davidson Motorcycle Loans Most buyers will be requiring financing for their Harley-Davidson. Jade Bike Loans provides cheaper interest rates on the new Harley-Davidson LAMS models to assist riders in easing the cost of living pressure and enjoying a prestige ride. The most suitable loan for new motorcycles is the Secured Motorcycle Loan. This has a straightforward and easy to understand format. The motorbike is accepted as security for the loan and many applicants won’t need to provide additional security. We ensure this type of loan has a fixed rate of interest and is set over a fixed loan term. This results in a fixed schedule of equal monthly repayments. With our large lender coverage and the sharp negotiating skills of our consultants, we have a track record for consistently achieving cheaper interest rates. A cheaper rate means lower monthly repayments which may ease the pressures faced by many from rising costs of living. A comprehensive insurance policy is required to be obtained when purchasing a motorbike with finance.[ Secured Bike Loans](/secured-motorcycle-loans "Secured Motorbike financing") do allow for extra payments to be made in addition to the scheduled repayments, should the buyer choose to do so. One point to note is that these new models are learner motorbikes. But to be eligible to apply for credit under Australian Consumer Laws, applicants must be over 18 years of age. These models are due to be available later this year, and pre-approved loans are available ahead of purchase. Allowing buyers to possibly pre-order or register interest with the confidence that their financing is approved. Pre-approved loans do have a validity period and one of our consultants can advise you when would be the ideal time to apply to fit with the availability date of these new models. Interest rates may change between now and December, but the general feeling across the markets is that the [RBA](http://www.rba.gov.au "Explore RBA") will keep rates steady for a few months. Making it easier for buyers to use our current rates on our [Bike Loan Calculator](/finance-calculator "Explore Bike Financing Calculator") to work up rough repayment estimates to start planning. Work up estimates and/or give us a call to discuss how to apply for motorcycle finance. *\* prices quoted on the Harley-Davidson website, subject to confirmation with dealers* **Contact Jade Bike Loans on 1300 000 003 to discuss finance for the new Harley-Davidson LAMS models.** *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.* **Categories:** Bike Buying Articles --- ### [Streamline with pre-approved bike finance](https://www.jadebikeloans.com.au/blog/bike-buying-articles/streamline-with-pre-approved-bike-finance) **Published:** September 18, 2023 **Author:** Publisher **Content:** Motorcycle manufacturers typically launch new models in overseas markets before their availability in Australia. Through mainstream and social media, buyers can hear of new models well ahead of actual availability. Headlines such as ‘arriving soon’, ‘revealed’, ‘coming soon’ and ‘delivery date yet to be released’ often accompany the first teasers. But along with these early alerts, many manufacturers also open opportunities for buyers to earmark their purchase with expressions of interest and/or pre-orders. **When a motorcycle is being purchased with finance, getting pre-approved motorbike finance can assist buyers with pre-orders and expressions of interest.** While it would be expected that limited edition and celebratory, anniversary models might need to be pre-ordered, many manufacturers are allowing riders to register expressions of interest or pre-orders on all types of models. The dilemma for some buyers can be having the confidence to proceed with even a no-obligation indication of interest without first having their finances sorted. However, if stock is limited, without registering interest, buyers may miss out completely on their new ride. Our pre-approved motorcycle finance may solve the dilemma and may be ideal for several soon to be available models. ## Current Pre-Order, Interest Expression Motorcycles A quick browse of the latest motorcycle news and alerts of upcoming releases can be found. Yamaha is due to release their new WR450F with availability in Australia from January. This is an updated enduro with the updates focussing on improving the handling and tractability, reducing weight and increasing rider-friendly features. At this stage, ride-away prices of around $18,000 have been quoted. Even further away is the expected arrival in Australia of Aprilia’s RS457, a new LAMS sports bike. The availability date is currently quoted for August next year. Quite a way off for those looking for a new ride right now, but perhaps a goal for those considering saving a decent deposit. Expected to arrive in December are two more LAMS models, this time from the iconic Harley-Davidson brand. The new X350 and X500 models are seen as an entry point for new riders to get onto a ride from the arguably/not arguably, the world’s most famous motorcycle manufacturer. The December timing may put the new HOG in the zone for a pre-order. [BMW Motorrad Australia](https://www.bmw-motorrad.com.au/en/home.html#/filter-all "Australian BMW Motorrad Experience ") is currently accepting expressions of interest via its website ahead of the release of its new adventure models. These models – the F900 GS, F800 GS and F900 GS Adventure, are in the middleweight segment and include larger engines, more tech and plenty more exciting new features. Buyers interested in indicating some form of purchase interest in any of these motorcycles can speak with us about the most suitable finance options including pre-approved finance. ## What is pre-approved motorbike finance? Having finances sorted can provide confidence to indicate interest place a pre-order or even make a downpayment in advance. This can be realised by applying for pre-approved motorbike finance. The concept is simple and through Jade Bike Loans, has no obligation attached. A pre-approved loan is a loan that is applied for and approved by one of our lenders before a final decision or commitment to purchase a motorbike has been made by the applicant. The main reason that buyers seek pre-approval is for certainty and in some cases, clarification. They want to know for sure that with their income, financial position and credit profile they will be approved for a loan for the amount required to purchase a certain motorcycle. The process is almost the same as when applying for your loan after paying a deposit or reaching a purchase agreement with a dealer. The one main difference is regarding stipulating the exact loan amount. The price of the bike and the exact amount of the loan required are usually not known until the sale is finalised. For the pre-approved loan, the loan amount is estimated and adjusted when the figure is known. Interest rates and details of applicants’ financial positions can change over time. So pre-approved do have a period in which they must be activated. If not used within the timeframe, the offer simply expires. If the launch date is some months away such as for the new Yamaha or Aprilia, buyers may opt to get finance approved to get a more specific indication of what their loan may look like. Even though the application would then need to be priced and processed closer to the purchase date. The advantage for buyers of pre-approval is knowing they are approved to borrow a certain amount at a certain interest rate and with repayments quoted. Buyers can then confidently proceed to pre-order or express their interest in a soon to be available model. ## Loan Types, Rates, Conditions The [Secured Motorbike Loan](/secured-motorcycle-loans "Get a Secured Motorcycle Loan ") is suitable for both pre-approved and post-purchase finance of most new motorcycles. The same [motorbike loan interest rate](/motorbike-loan-interest-rates "Motorcycle Financing APR"), loan conditions and approval process also apply to both options. If interested in an upcoming launch model but would like the confidence of knowing your finance is confirmed, contact us and one of our consultants will discuss the best way forward to suit your timeframe. **Contact Jade Bike Loans on 1300 000 003 to discuss how pre-approved motorbike finance may assist you with pre-ordering your new ride.** *DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE 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 FINANCIAL ADVISOR.* **Categories:** Bike Buying Articles --- ### [Awards: Best Bikes Winners Announced](https://www.jadebikeloans.com.au/blog/industry-news/awards-best-bikes-winners-announced) **Published:** December 20, 2022 **Author:** Publisher **Content:** Selecting a new motorcycle for purchase can be a challenging process with such a great array of makes and models available. From a large field comes the narrowing down of the preferences to the best bikes. And then the final decision. Fortunately, that process is made a lot faster and easier for many buyers by the expert team at [bikesales](http://www.bikesales.com.au). Bikesales conducts an annual best bikes awards program to decide what their panel of judges is the best new motorcycle on the market for that year. Based of course on their set criteria. We recently posted the list of finalists in the Bike of the Year category and now the winner has been announced. The Bike of the Year for this year, as determined by the bikesales team is the [Aprilia Tuareg 660](https://www.aprilia.com/au_EN/models/tuareg-660/). Highly commended awards went to the Yamaha XSR 900 neo retro roadster and Triumph’s Tiger 1200 Rally Pro. Another category of great interest is the Peoples Choice Award where readers had a chance to cast their own vote for the best bikes. That winner was announced a few weeks back as the Suzuki GSX – S1000 GT. The Learner Bike of the Year is still to be announced, so stand by for that winner. **For those in the market for one of the best bikes around, this recap on the bike of the year awards and finance information on cheap motorbike loans may assist**. **Recap – Criteria, Judging Process** When considering the results of any awards program, it is quite important to take into account the criteria which determined the eligibility of the entrants and the process by which the judges arrived at their decision. For this particular Bike of the Year program, the criteria included:- - The motorcycle being a current production model. - Motorcycle is new or is an updated model. - On sale in the Australian market before 1 September in the year of judging. For this year the time frame was 1 September 2021 through to 1 September 2022. - Tested by the team at bikesales before the announcement of finalists. The team note that these criteria excluded a number of popular models that many may have expected to be in contention because: they didn’t have sufficient new upgrades to meet the eligibility; were not available for sale in time; or had not undergone testing by the team. But despite a few exclusions, the team were still left with an impressive field of new motorcycles to narrow down to the 10 finalists. These were covered in our recent article or those interested can refer to the bikesales websites for more information as to why each finalist made the cut. Then the process comes down to the final stage – deciding on a winner. That process involves not one but an impressive panel of judges, each of whom is respected as an expert in the motorbike field. The judging covers a week of road tests in the high country of Victoria plus a lot of analysing and discussions amongst the group. **Why the Tuareg?** After the long and intensive process, the Aprilia Tuareg 660 has emerged as the Bike of the Year. The best of an impressive field of the best bikes on the market. Many riders will no doubt have their own opinions as to which they consider as the best bikes and may be interested in knowing why the Tuareg got the nod. According to the judges, this is considered a very capable and very versatile adventure touring motorcycle. Noted is the exceptional abilities of the Aprilia in off-road conditions. Editor of bikesales, Dylan Ruddy said that the Aprilia was a great all rounder which was easy to rude, fun and had nearly unmatched capabilities in regard taken on conditions in off-road environments. **Adding Affordability to the Best Bikes Credentials** When it comes to the best bikes on the market, all the finalists and in fact many of those 50 machines tested over the judging year, have extremely impressive features and credentials. But when it comes to purchasing one of these best bikes, including the Aprilia Tuareg 660, the one essential many buyers will be looking for is affordability. Affordability can vary in meaning depending on individual buyers. But for most, it means affordable motorcycle finance with repayments that work with the individual budget. That is an area where we can assist with our cheaper motorcycle loans. To see how affordable our finance may make a new Aprilia, head to our [Motorcycle Finance Rates](/motorbike-loan-interest-rates) page and scroll down to the comparison table which doubles as a calculator. $22,230 pricing is advertised on the Aprilia website which is a great place to start with working up estimated finance repayments. There may be variations from this advertised price and dealer charges to be added so allow a contingency amount for those extras. Speaking of extras, if you would like to include accessories at the point of purchase, your Jade consultant may be able to include those costs in the overall [Secured Motorcycle Loan](/secured-motorcycle-loans). A requirement of this type of secured loan is that you will need to take out insurance. So check that out first to be prepared and budget for that additional expense. Many insurers now have a monthly payment plan to ease the cost of annual premiums. **For cheaper finance on one of the best bikes available including the bike of the year, contact Jade Bike Loans at 1300 000 003** *DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE 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.* **Categories:** Industry News --- ### [Learner Bike of the Year and Learner Motorbike Loan Options](https://www.jadebikeloans.com.au/blog/industry-news/learner-bike-of-the-year-and-learner-motorbike-loan-options) **Published:** December 28, 2022 **Author:** Publisher **Content:** Regardless of age, for learner riders face similar options around which is the best motorbike to start with as it must be a LAMS model. But differing options regarding the motorbike loan to purchase a learner bike depending on the age of the rider. Selecting a motorbike for a new rider has been made a lot easier thanks to the diligence of the team at bikesales and their Bike of the Year awards program. The team of expert judges decide on their overall best new bike for the year as well as the best LAMS- approved motorbike. When it comes to the motorbike loan, we can assist new and experienced riders. To assist learners, we provide this **explanation of LAMS bikes for learners, reveal the bikesales best learner motorcycle and outline the motorbike loan options for both young and older learners.** **LAMS Motorcycle Category** LAMS stands for Learner Approved Motorcycle Scheme. A scheme which allows new motorcycle riders to only ride certain motorcycles. LAMS-approved models must meet the technical guidelines, especially being lower-powered, as set by the state. There can be variations across different states. The [NSW Fact Sheet](https://www.nsw.gov.au/sites/default/files/2022-05/lams-fact-sheet.pdf) can provide general information and riders should check the specifics in their state or territory. The information should be available on the state government roads and transport website. The rules can apply to learners and provisional riders of all ages. Most motorcycle manufacturers offer LAMS-approved models, so learner riders do have a wide choice of options when purchasing their first motorcycle. **Winner of Best Learner Bike Award** With such a wide choice of LAMS-approved models and buyers new to motorcycle riding, the selection process may be a challenge. Perhaps a welcome challenge with the prospect of numerous test rides! But the bikesales’ Bike of the Year Awards can assist learner riders. This awards program puts a number of contenders through rigorous testing until the judges make their final decision as to the winner. The BOTY awards includes a number of categories. Recently, bikesales announced the Aprilia Tuareg 660 as the overall winner with highly commended gongs for the Yamaha XSR 900 and Tiger 1200 Rally Pro from Triumph. In the Learner Bike of the category, the judges have decided on the Triumph [Tiger Sport 660](https://www.bikesales.com.au/editorial/details/triumph-tiger-sport-660-2022-bikesales-learner-bike-of-the-year-winner-138753/) as the winner or 2022. The Triumph also won in 2021 and this year triumphed over a group of very strong contenders. The other finalists considered for Learner BOTY included models from Royal Enfield, Aprilia, Honda, KTM, Yamaha and Benelli. The bikesales team note that the Tiger Sport shone on a number of judging points including the sharp styling, the user-friendly, relaxed ergonomics and of course that engine. The Triumph is seen as bringing high levels of equipment and performance to this LAMS category at a realistic price point. The judges outline a range of reasons why they made this selection and these can be read at the bikesales website. The price point is around the $14,990 mark. A great estimate for those requiring a motorbike loan to start working up possible loan repayments to plan their purchase. **Learner Motorbike Loan** We said upfront that the motorbike loan for a learner can differ depending on the age of the rider. That’s because, while those under the age of 18 can get a motorcycle learner licence, they are not eligible to apply for consumer finance – ie, a motorcycle loan. Our [Secured Motorbike Loan](/secured-motorcycle-loans) is a form of consumer finance and as Licensed Credit Providers, we must adhere to the consumer finance laws as regulated through ASIC. This loan will suit many buyers, over the age of 18, for the purchase of a new LAMS-approved motorcycle. With a secured loan, the motorbike is accepted as the security or guarantee for the finance. We source the [cheapest interest rates](/motorbike-loan-interest-rates) and secure a fixed rate for this type of loan. That means the rate will remain the same through the full period of the loan and not change when the RBA or the lender announces rate changes. This fixed rate, in conjunction with the fixed term, provides a fixed monthly repayment. For learner riders under the age of 18, the motorbike loan options which may be considered can include someone else purchasing the motorbike for the rider or possibly a guarantor arrangement. For more details on the options available to meet your specific requirements, please feel free to contact us for an obligation-free discussion. **For a motorbike loan for a learner rider and LAMS-approved motorcycle, contact 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 ARE 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.* **Categories:** Industry News --- ### [Racing News - Finke Desert Race, Moto GP, sales and finance](https://www.jadebikeloans.com.au/blog/industry-news/racing-news-finke-desert-race-moto-gp-sales-and-finance) **Published:** March 20, 2023 **Author:** Publisher **Content:** We share the enthusiasm and interest of our motorbike enthusiast customers and stay across the happenings in the sector. In this article, we cover on some news items on track and outback racing including entries open for the Finke Desert Race, new models and the very important latest on motorcycle finance for buyers getting ready to buy. **Buyers keen to secure a new motorbike for the Finke Desert Race or before another rate rise can seek fast loan approval on cheaper finance with Jade Bike Loans.** **Finke Desert Race** **News** For those keen to test their off-road riding skills, entries are open for the [Finke Desert Race](https://finkedesertrace.com.au/ "Tatts Finke Desert Race - Australia's Greatest Desert Race"). This is a 2 day, multi-terrain race for both cars and bikes and has an impressive reputation as one of the most challenging off-road courses and is held in one of the remotest places on the planet. The event is set to take place over the King’s Birthday weekend of 9-12 June and covers 452klm. Last year the organisers introduced minimum riding standards for competitors and these standards will apply in 2023. Last year there were over 550 competitors in the bike category alone. Some previous winners including an Alice Springs fan favourite, David Walsh, will be returning. In achieving the King of the Desert crown in 2022, Walsh smashed the record. Organisers are expecting a strong field for 2023. **Jack’s Back for Moto GP 2023** The 2023 Moto GP kicks off in a few weeks and Aussie favourite Jack Miller will be in the mix once again. The 2023 schedule includes at least 42 races, with 777 points to be earned. The Saturday afternoon on each GP weekend will include sprint races of 12 laps. These races have half the number of points available for the main race. There are some changes to practice and qualis also. Fridays will not have two practice sessions. The top 10 riders with combined times from these sessions will go straight into qualifying 2. A third practice session on a Saturday morning and two 15-minute qualifying sessions will determine the final grid. This grid will be for starting the sprint race as well as the main event race on Sunday. GP 1 will be held in Portugal on 27 March followed by Argentina on April 2. Catch up with the rule changes, [rider lists and other details at the official website](https://www.motogp.com/ "MotoGP World Championship | Calendar | Results | Live streaming | MotoGP™"). **Last Weeks of Benelli Sale** A reminder that the Mega Sale of selected Benelli models finishes on 31 March. Buyers can speak with us to pre-arrange finance to assist in deciding which of the models on sale will best work with their budget. Generous savings are up for grabs on quite a few models. But you may need to be quick as the sale stipulates ‘while stocks last’. Tip: speak with us first for fast loan approval so you arrive at the dealership with the finance already sorted. Also on sale is the CFMOTO 800 MT Explore. Reported pricing is a ride away of $16,490. To get a rough estimate of how that price equates to motorbike finance estimates, just head to our [motorbike loan calculator](/finance-calculator "Bike Finance Calculator Free From Jade"). **Motorcycle Finance Update** If planning to enter the Finke Desert Race on a new machine, take advantage of the current sales or just feel it’s time for an upgrade, we can assist with [bike finance options](/secured-motorcycle-loans "Secured Finance For Motorbikes | Jade Bike Loans"). Interest rates have been the big news in all areas of finance, including motorbike loans, for most of the past year. [The Reserve Bank](http://www.rba.gov.au "Reserve Bank of Australia") has lifted rates now 10 times in a row and indicated further rises will likely be expected to be needed. The next meeting of the RBA Board to make that decision is on the first Tuesday in April. The markets expected that there would be another rise. But some issues have arisen which some analysts feel puts an April rise in doubt. The collapse of a Silicon Valley Bank and other developments overseas may impact the decision. Closer to home, the February unemployment figures will also be of consideration by the Board. The unemployment rate fell on the February figures as released by the Australian Bureau of Statistics on 16 March. The RBA takes into account inflation, the labour market and international economic issues when making its decision. Regardless of RBA rate decisions, we will continue to adhere to our policy of achieving cheaper rates to ensure our customers secure cheaper, more affordable motorbike finance for their new rides. **Contact Jade Bike Loans on 1300 000 003 for cheaper interest rate finance to purchase a new machine to enter the Finke Desert Race** *DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA ARE 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.* **Categories:** Industry News --- ### [Best Bikes :Motorbike of the Year 2021 Finalists](https://www.jadebikeloans.com.au/blog/industry-news/best-bikes-motorbike-of-the-year-2021-finalists) **Published:** April 27, 2022 **Author:** Publisher **Content:** If you’re in the market for a new motorcycle, making that final decision around specifically which bike to buy can be a welcome challenge and a process to savour. The motorcycle market is extensive with highly regarded manufacturers constantly launching new models for enthusiasts to consider. Narrowing the choice down to just one will depend on numerous practical and personal factors and for many buyers, involve a diligent process. Checking out the best bikes – what is being judged as motorbike of the year can be a start. To assist buyers with that monumental decision, the experts at the very popular and respected bike sales site release their annual review of new releases through their bikesales Bike of the Year awards. The team at bikesales are experts and their reviews highly regarded. So having their assessment of some of the latest motorbikes presented in these Awards can be of great assistance for buyers. We provide you with the finalists for motorbike of the year 2021 and tips, hints and guidance on securing a cheap motorbike loan to purchase your choice of the best bikes. **BOTY Awards Finalists** The team at bikesales has had to amend their review ad judging process somewhat this year due to the COVID-19 situation. The key change from earlier years is that on-road testing has been omitted. The judges will review the machines individually, select their highly commended finalists and then the outright winner is determined via analysis and discussion. The category finalists have also been changed and the finalists are chosen from across the market. There will be a Learner BOTY winner outright rather than for each category. To be included in the Awards, the machine needs to be a new or significantly updated model and on sale currently in Australia. The judging criteria covers a range of performance, handling, quality, safety, value and other aspects. The 2021 Finalists (drum roll) are:- - [BMW](https://www.bmw-motorrad.com.au/en/home.html) R 18 - Aprilia RS 660 - Ducati Multistrada V4 S - KYM 890 Adventure R - [Yamaha](https://www.yamaha-motor.com.au/) MT-09 - Suzuki Hayabusa - Harley-Davidson Pan America 1250 Special - Triumph Speed Triple 1200 RS While the bikesales experts are responsible for the judging, there is for the first time this year, a People’s Choice Award. So from November 10, people can be involved in the poll. The BOTY winners are announced on 1 December. **Securing Your BOTY Favourite: Motorbike Loans** If finance is what you require to make your purchase happen, securing a cheap interest rate motorbike loan can be extremely achievable with Jade Bike Loans. If you’ve never applied for a motorcycle loan before, here’s a quick ‘getting up to speed’ coverage of what is involved in the process and how our expert team can assist you. Our motorcycle loans cover all types of new motorbikes, so from that perspective the choice of machine should not impact your motorcycle loan. Loans are assessed primarily on the quality of the application including the credit profile. So our [Secured Bike Loan](https://www.jadebikeloans.com.au/secured-motorcycle-loans.php) can be used for any category of motorbike. The same [interest rates](https://www.jadebikeloans.com.au/motorbike-loan-interest-rates.php) would apply regardless of the type or cc of the machine. So if you are comparing a number of different makes and models you can use our Bike Loan Calculator with our advertised or comparison interest rate. New riders should note that you will need to be over the age of 18 to be eligible for a loan. This is a requirement under Australian Consumer Law that as licensed credit providers we need to adhere to. Those under 18 seeking finance may consider asking a parent or older eligible person to go guarantor for the loan. Your Jade consultant can advise of the process that this involves. We can provide what is known as ‘no deposit finance’, subject of course to individual application approval. This means the entire purchase price may be included in the loan. With interest rates at current low rates, this allows our customers to keep savings. No deposit finance is different from any deposit that the motorcycle dealer may ask from you to hold the bike as ‘sold’. Pre-approved bike loans are available, so you can secure your finance before committing to the purchase. **Secured Bike Loan: Features** As mentioned above, this type of the loan is the most common form of finance for all types of new bikes and most applicants. The bike is used as the security against the loan by our lender. The interest rate is fixed and the loan term fixed which calculates out to a fixed monthly repayment. So if interest rates in general, your repayments won’t increase. They will remain the same until the loan term is completed and all repayments are finalised. Our consultants handle the loan for you – sourcing the cheapest quote from across our vast range of lenders. We assist you with the application, arrange application approval and even work with your bike dealer to finalise the sale. If one of the BOTY finalists suit your buying criteria, why not talk to us about how we can secure you a cheap loan to make that purchase. **For a quote on a motorcycle loan, contact 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.* **Categories:** Industry News --- ## Pages ### [Better Bike loans with Jade](https://www.jadebikeloans.com.au/) **Published:** October 19, 2023 **Author:** Publisher --- ### [Why Use Jade Bike Loans](https://www.jadebikeloans.com.au/why-jade-bike-loans) **Published:** October 20, 2023 **Author:** Publisher --- ### [Unsecured Personal Loans](https://www.jadebikeloans.com.au/unsecured-personal-loans) **Published:** November 17, 2023 **Author:** Publisher --- ### [Secured Motorcycle Loans](https://www.jadebikeloans.com.au/secured-motorcycle-loans) **Published:** November 17, 2023 **Author:** Publisher --- ### [Testimonials](https://www.jadebikeloans.com.au/testimonials) **Published:** October 31, 2023 **Author:** Publisher --- ### [News & Tips](https://www.jadebikeloans.com.au/blog) **Published:** October 20, 2023 **Author:** Publisher --- ### [Motorbike Loans - Interest Rates](https://www.jadebikeloans.com.au/motorbike-loan-interest-rates) **Published:** October 24, 2023 **Author:** Publisher --- ### [No Deposit Financing For Motorcycles](https://www.jadebikeloans.com.au/no-deposit-motorcycle-finance) **Published:** October 25, 2023 **Author:** Publisher --- ### [Privacy Policy](https://www.jadebikeloans.com.au/privacy-policy) **Published:** October 25, 2023 **Author:** Publisher --- ### [Motorbike Finance Bad Credit](https://www.jadebikeloans.com.au/bad-credit-bike-finance) **Published:** October 23, 2023 **Author:** Publisher --- ### [Motorcycle Loans Australia](https://www.jadebikeloans.com.au/australia) **Published:** November 14, 2023 **Author:** Publisher --- ### [Loan Broker - Motorbike Financing Australia](https://www.jadebikeloans.com.au/broker) **Published:** October 23, 2023 **Author:** Publisher --- ### [Lenders](https://www.jadebikeloans.com.au/lenders) **Published:** December 7, 2023 **Author:** Publisher --- ### [FAQs](https://www.jadebikeloans.com.au/faq) **Published:** October 25, 2023 **Author:** Publisher --- ### [Contact Us](https://www.jadebikeloans.com.au/contact-us) **Published:** October 25, 2023 **Author:** Publisher --- ### [Bike Loan Products](https://www.jadebikeloans.com.au/bike-loan-products) **Published:** November 16, 2023 **Author:** Publisher --- ### [Bike Lending Calculator](https://www.jadebikeloans.com.au/finance-calculator) **Published:** October 23, 2023 **Author:** Publisher **Content:** ## Bike Loan Calculator Life’s too short to die wondering. Use our Jade motorbike loan calculator for a quick estimate on monthly repayments on the bike you would love to purchase. It’s a quick, easy and totally free process and might bring you just that much closer to the ride of your life! The calculator is a great tool to use when you’re comparing manufacturers, specific makes and models and essential when weighing up your options of new or used bikes. OBLIGATION-FREE. USE WHENEVER AND FROM WHEREVER YOU WANT. --- ### [Bike Loan Calculator](https://www.jadebikeloans.com.au/calculator) **Published:** December 14, 2023 **Author:** Publisher **Content:** In using this bike loan calculator, please be mindful of its capabilities: the repayment calculation you see on the calculator does not indicate a bike loan offer, a loan quote or a loan application. The finance amount that you input will not include any possible fees and charges that a specific bank or lender may charge. To ensure all your bike purchase costs are covered, allow extra to include insurance, rego, dealer charges, on road costs etc in the loan amount. The motorcycle finance calculator estimates repayment amounts over a payment period. It is not a 100% prediction it is an estimate. Your actual repayments might actually be lower or higher. This calculator does not calculate interest-only loans. The computations are set-up to calculate repayments of both interest and loan for standard loans and leases over a set period. You select the loan term and the interest is calculated by a process of compounding over that monthly basis. Please speak with a Jade Financial Consultant for an accurate loan repayment and interest rate based on your individual requirements. This calculator is not provided as the only basis on which to make financial decisions. For professional advice, consider consulting with a licensed financial adviser. --- ### [Bike Finance Easy Quick Quote](https://www.jadebikeloans.com.au/approval) **Published:** October 23, 2023 **Author:** Publisher --- ### [Better Rates, Better Loans](https://www.jadebikeloans.com.au/quick-quote) **Published:** October 24, 2023 **Author:** Publisher --- ## Categories ### [Uncategorised](https://www.jadebikeloans.com.au/blog/category/uncategorised) **Description:** A mix of motorbike finance insights and tips that don’t fit other categories. --- ### [Industry News](https://www.jadebikeloans.com.au/blog/category/industry-news) **Description:** Stay updated on motorbike finance trends, lending changes, and market news. --- ### [Bike Buying Articles](https://www.jadebikeloans.com.au/blog/category/bike-buying-articles) **Description:** Explore guides and insights to make confident motorbike purchase decisions. --- ### [Bike Loan Tips](https://www.jadebikeloans.com.au/blog/category/bike-loan-tips) **Description:** Get advice on securing and managing motorbike loans effectively. ---