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.
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 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 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 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.
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.
