There are plenty of new models arriving in 2024 including from Harley-Davidson, CFMOTO and KTM to namedrop a few popular makers. For riders planning to roll out of their local dealership on a brand spanking new 2024 model, exploring their options for motorbike finance is probably the best first step. Even before deciding which make or model to buy.
Not everyone has the price of a new machine sitting in their savings. But with low rate credit, many will be able to afford that new machine. Jade Bike Loans assists riders to buy the latest 2024 model machines from leading makers with low interest rate motorbike finance. Explore your options, compare rates and repayments, request a quote or even submit an application all here, online.
New Model Motorbike Finance Options
Choosing the most suitable lending product to fund a new machine purchase is a fairly easy step. Secured Motorcycle Loan is the go-to for most buyers. With this type of lending product, the machine is the security or collateral for the funding. The lender’s guarantee that they can recoup their funding should the borrower default on payments. Many buyers will not need to have additional assets to offer as collateral to get approved for this lending product.
Our secured product includes a fixed interest rate, fixed terms and fixed repayments. Making it easy for buyers to schedule a new machine into their budget. Insurance on the machine will be required, we can assist with contacts for this.
So that is the easy step. The more difficult step can be choosing a lender. While secured credit products have many universal features across the consumer credit market, there are many variations in the specifics offered by individual banks and lenders.
There are differences with the all-important interest rate and the guidelines and criteria by which the lender approves the funding. These criteria are significant as they can determine not only the rate, but the amount of the loan and the terms. Issues which can impact which model is purchased.
Sorting through this vast consumer credit market to find the lender with the criteria that is suited to your application profile is made easy by using Jade. We have the depth of consumer credit market coverage and we know the matrix or guidelines used by lenders, to ensure we can easily find each customer the right lender.
All buyers need to do is brief our brokers about their machine, provide their details, and we will use our latest tech resources to identify which of our lenders will offer you the best funding at the lowest rates. What could those low rates be? Compare our latest rates on new machine credit with a selection of other leading sources.
Choose Your Ride to Suit Loan Repayments
The process of choosing which particular 2024 model to buy can vary with different buyers. The ride requirements – commute, touring, racing, the level of power, rider ability and yes, the big one – price. Most buyers will have a limit as to what they can or are prepared to spend on their new machine.
When the machine is being purchased with credit, the focus on the price can shift to a focus on credit repayments. We assist buyers to better select their new model in line with possible credit repayments with our motorcycle financing calculator.
This tool can be used by all buyers for all models. Simply use the advertised price for the machine which most manufacturers and/or dealers readily display for the credit total. If you think you may want accessories or if additional dealer charges apply to that price, just allow for that with a slightly higher amount. If using your current machine as a trade-in, deduct that amount from the total entered.
Use our current rates, remembering these are for good credit score applicants. The rate we source for you, despite being the best to suit your profile, may be higher. But using this rate with a preferred term, will provide a rough repayment estimate. An estimate which can be extremely helpful in guiding you towards the new model within your affordability zone.
Another option is to get your credit approved before deciding on a machine. Applications can be submitted and approved based on the buyer’s estimate of what they think they may want to spend on a new model. With this approval, buyers have the confidence to look at models with credit repayments that work with their budget.
Whether applying before or after selecting your new model, the same rates, terms and repayments would apply. Applications can be submitted online or by phone for quick quotes and fast approvals.
To roll out of a dealership on a 2024 model with low rate motorbike finance, contact Jade Bike Loans on 1300 000 003 or online.
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.