Motorbike Finance can be arranged by Aussie Loans – get the best loan with the lowest rates and repayments – Call our friendly staff on 1300 633 334.
Motorbike Finance tips – Buying a bike is a nice moment – you get a great bike and away you go. There are a few things better, but not many. The purchase of the bike is a significant investment. So there are few things to consider before you ride away. Doing your research before you commit to the purchase will ensure you are making the right choice.
Whether the bike you wish to purchase is new or used, it doesn’t matter. Here is a guide for things to look at that may be of assistance.
Motorbike Finance – Buy the bike that best suits your needs.
Many motorbike purchasers focus on the look of the bike first – this is important but not the only thing you should look at. New bikes offer the security of being covered by the warranty for breakdown with no risk of anything hidden that could be costly to repair. But this may cost a little more than you were prepared to pay. For a purchase of a used bike, it may cost just as much as a new bike if you are unfortunate enough to buy a lemon. Ultimately whether your best bet is a new or used bike comes down to your individual budget and requirements.
Take the bike for a test drive
The huge variety of bikes available offers a great range of choices. An important process that needs to be completed is to have a test ride. Take the bike for a run so you can see that the fit is right. Power and size of the bike needs consideration from the buyer before you buy the bike. Don’t commit to a bike before knowing first hand that you can handle the bike and it has got the right power to weight ratio.
Spend what you can afford
Motorbikes offer a great lifestyle. Motorbikes carry many additional costs associated with owning one. There are insurance requirements and maintenance and many other things. It all depends on the make, model, age and condition of your bike. Check out what the costs will be up front and avoid paying more than you can afford. Keep in mind your long term budget to ensure you minimise the risk of being over committed.
Check out the Motorbikes history
When purchasing a motorbike with cash or motorbike finance, you should do a PPSR check on the bike if it is a used one. There are no problems that could arise if you purchase a new motorbike. Used motorbikes can have an encumbrance or it may of been involved in an accident. If there is finance owing or the bike has been involved in an accident or even if the bike has been reported stolen, all details will be noted on the register.
So the PPSR will show –
1) Been reported stolen
2) Money owing to a financier on the bike
3) Whether the bike has been in a serious accident
Motorbike Finance – Get the right Bike Loan
Just as there is a huge choice of motorbikes that you could buy, there are many places that you could go and get a loan. Be sure you fund your motorbike with finance that fits your individual situation. Compare the bike loan to find the best interest rates and repayments to suit your budget. Have Aussie Loans compare these for you and get the right loan quickly and easily.
If you need to know more, please give us a call – 1300 633 334.