Bad Credit Bike Loans

Hit the open road on your next bike, fast. Apply now and we’ll match you to a lender and do the hard work for you.

Why people turn to us when buying their next bike?

Cruising the coast with a cool breeze hitting your face and the roar of the engine in the background: it’s a familiar feeling to motorcycle owners. If you’re spinning wheels searching for bad credit motorbike finance, though, we can help you out.

For more than a decade, we’ve been matching bikers with specialist lenders most likely to get them approved for a loan. Our skilled consultants do the hard work for you, giving you the best shot at hitting a green light in as little as 48 hours, so apply today.

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Fully online

Being completely online allows us to service applicants living in big cities, outermost regions and the furthest coastal towns.

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One-on-one service

Our experienced consultants help you navigate your way through the application process to give you the best chance at approval.

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No effect on your credit score

Getting an obligation-free quote from us and our consultants won’t dent your credit score.

Features and benefits of bad credit bike loans

New or used bikes

Having the option of a brand-new or second-hand two-wheeler means you have more to choose from when browsing the market.

Open to ex-bankrupts

Don’t let bankruptcy stop you in your tracks. We help match you to a flexible lender willing to give you another shot at borrowing once you’re discharged.

Centrelink accepted

A range of fixed and ongoing government benefits can be factored into your assessable income, including aged, Veterans’ Affairs and carer payments.

Available to many job statuses

Casual, part-time, seasonal and self-employed workers can get finance approval, meaning you don’t have to be full-time to be eligible.

Flexible term options

Our lenders let you choose your loan terms, giving you the option to repay over one to five years in line with what’s comfortable for you.

Personalised repayments

Scheduling weekly, fortnightly or monthly payments means you can align your payments with your budget.

How to apply through us

Bad Credit Car Loans Process

Get a quote

You can fill out our free online quote and have the option to submit a full application, but if you’re not ready, a consultant will call to discuss your options.

Lock in your lender

After opting to apply, your consultant uses the latest technology to match you to the lender who stands the best chance of approving you.

Have your application prepared

Your consultant knows the approval processes inside and out, so you can leave your application in their capable hands.

Be approved and funded

Approval is only a phone call away. Once you’ve been given the green light, you’ll sign some digital paperwork so your funds can be released.

What costs should I budget for when buying a motorbike?

Owning a motorcycle has been proven to be good for the soul. Several studies have shown owning a motorbike can reduce stress, make you happier and improve your focus. However, before you saddle up and take advantage of these benefits, it’s important to look at the ongoing costs. These include:

Repayments

It’s critical to keep on top of your loan repayments. Your consultant will ensure these are manageable when they work out your borrowing capacity. Lenders allow you to set up direct debits so your payments can be automatically deducted from your nominated bank account.

Safety equipment

Safety is important when you’re on the road, no matter how skilled a rider you are. Having the right equipment is crucial, so you should be prepared to spend up to $1,200 or more on a helmet, riding jacket, pants, gloves and boots. These are necessities for protecting you when you’re on two wheels.

Insurance

Comprehensive insurance is compulsory on all bike loans. It protects your wheels in the event of accidental damage, crashes, theft, fires and floods. How much you pay will depend on where you live, the bike’s value and your riding history. It may be worth opting for insurance to cover your costly safety equipment as well as your bike.

Registration

Rego costs vary for motorcycles across states and territories. In Victoria, you can pay between $149 and $565 for motorcycle registration depending on where you store it and the size of the engine. Most jurisdictions require you to be 18 years old to register a bike, aside from WA, where you can be 16 years old.

Regular servicing

Whether you’re looking at a dirt bike or a touring motorcycle, it’ll need to be serviced roughly every 5,000km. Mechanics will check wear-and-tear to your tyres, braking, suspension and fluids. You should budget about $1,000 annually for these check-ups.

Fuel

How much petrol you churn through will depend on how you use your bike, but motorcycles are generally more fuel-efficient than cars. By opting for two wheels instead of four, you’re already saving money.

Top tips for accelerating the loan process

Obtain finance pre-approval

Getting pre-approved for a loan strengthens your hand when negotiating a price. This allows you to look at motorcycles within your price range and set a firm ceiling for the potential purchase price available from your chosen dealership or private seller.

Gather your documents

Already having your supporting documents on hand will save you time when it comes to putting in an application. Make sure copies of your bank statements, payslips, driver’s licence and other relevant paperwork are saved on your smartphone or laptop and are easily readable.

Save up a deposit

You could be seen as less of a risk if you can put some skin in the game. Offering to pay a deposit may cut down the time a lender will take to consider your application and fast-track your outcome, as it reduces the overall risk they take on in lending to you.

Pay off some debt

When you apply, your lender will want to know how much you currently owe in other debts. The more you owe, the more time your lender is likely to take to consider your application. Applicants with more outstanding debt present a much greater risk, so not having any similar debts or defaults to be paid can speed this process up.

Your bad credit bike loan questions

Finance for a motorbike starts at $5,000 depending on your financial circumstances. Lenders look at your income, expenses and liabilities, as well as the value of your bike, when assessing your borrowing capacity.

Yes – you can finance new and used scooters, dirt bikes, touring motorcycles, sport bikes and cruisers.

Yes – however, this depends on your employment status. For example, lenders prefer if you've passed your probationary period before applying if you’re working full-time. Casual workers will need to be consistently employed for three months with the same company to apply in most cases.

Yes – lenders like to see that you have a steady track record of work, especially in the same sector. A strong job history demonstrates you’ll have the ability to consistently manage your repayments more easily.

No – reputable lenders conduct credit checks as part of the process for all applicants. Beware of companies offering ‘no credit checks’ or ‘guaranteed approval’. If you’re applying for a bad credit loan, your lender won’t put too much weight on your credit rating.

No – you can purchase anywhere in Australia. If you buy interstate, though, you’ll have about 14 days to transfer the registration into your name.

Bike finance comes with a fixed interest rate. The upshot of a fixed rate is it protects you from sudden rate rises and locks in your loan repayment amounts, which makes it simpler and more accurate to budget each month.