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 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 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 and use our 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.
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