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. 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. 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, 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 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.
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