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Secured Bike Loan
- Security required
- Yes, the bike
- Typical terms
- 1 to 7 years
- Balloon available
- Yes
- Best suited to
- Most road and adventure bikes
- Turnaround
- Possible same day
Motorbike finance with lenders compared for you
A motorbike loan lets you buy a new or used bike and pay it off over time, secured against the bike or unsecured. You can buy from a dealer or a private seller, and no deposit options are available. Low-doc options suit self-employed riders.
New sportsbike, used cruiser or a classic you've always wanted. Morella Finance compares motorbike loan rates across Australia's banks and specialist lenders so you get the right deal.
Motorbike loans from 7.59% p.a. Comparison rate 8.43% p.a.*
All bike types · No-obligation quote · Fast turnaround
BROKER vs BANK
Why use a broker for motorbike finance
Motorbike finance: bank vs broker
FeatureYour bank
Choice of lenderTheir own products only
Bike age limitOften restrictive
Private saleOften declined
Imported bikesOften declined
Self-employedStandard income checks
FeatureThrough a broker
Choice of lenderMultiple lenders, compared for you
Bike age limitSpecialist lenders for older bikes
Private saleAvailable
Imported bikesCase-by-case assessment
Self-employedLenders with self-employed policies
Lender restrictions on bikes vary enormously
Age limits, import restrictions and displacement caps vary across the panel. A broker knows which lenders suit which bikes before applying.
We search the panel, not one product
Your bank offers one rate on one product. We compare the panel in one application.
Private sale and import finance available
Many banks decline private sale motorbike finance. We access specialist lenders who don't.
One application, one soft credit check
No repeated enquiries across multiple lenders. One assessment, full panel compared.
The process
How motorbike finance works
Tell us about the bike
Make, model, year, price and whether it's new, used or a private sale.
We compare the market
Your broker compares rate and structure across the market.
Review your options
See rate, term and fee comparisons before you decide.
Settlement handled
Checks, paperwork and payment to the seller managed for you.
Some of the lenders on our panel
What do lenders look at for a motorbike loan?
Bike policy is stricter and more varied than car policy. These are the things that decide the lender panel before your income is looked at.
Gear does not always ride along
Some lenders will include a helmet, jacket and luggage in the loan and some will not, so it is worth asking before you budget for them separately.
Compare motorbike loan types side by side
The three most common structures we arrange for riders, and where each fits.
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Unsecured Bike Loan
- Security required
- No
- Typical terms
- 1 to 7 years
- Balloon available
- No
- Best suited to
- Older or modified bikes
- Turnaround
- Pre-approval possible same day
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Low-Doc (ABN)
- Security required
- Yes, the bike
- Typical terms
- 1 to 5 years
- Balloon available
- Yes
- Best suited to
- Self-employed riders
- Turnaround
- Possible same day
Finance for the bike you've been eyeing off
Step 1 of 5
Understand the basics of motorbike finance
Motorbike loans are usually secured against the bike, with terms from one to seven years. Road bikes, cruisers, adventure bikes, off-road machines and scooters are all financeable, though each lender draws its own lines on engine size, bike type and age.
Secured and unsecured structures both exist. Secured loans typically cost less because the lender holds the bike as collateral, while unsecured loans suit bikes that fall outside security criteria, such as older or heavily modified machines.
Private sales are common in the bike market and entirely financeable. The lender pays the seller directly once ownership is verified, protecting both sides of the deal.
The benefits of financing your motorbike
Financing gets you on the road without waiting to save the full price, and keeps cash aside for the gear, insurance and servicing that riding actually costs.
Pre-approval puts you in a stronger position. Good bikes at fair prices move fast between private sellers, and a buyer with settlement ready beats one who still has to arrange the money.
Riders who use a bike for work, from couriers to mobile trades, can finance under a commercial structure with different tax treatment. Your accountant can confirm what applies.
How to choose the right motorbike loan
Decide secured versus unsecured first. If the bike qualifies as security, a secured loan usually costs less. If it does not, an unsecured loan keeps the purchase possible without forcing you onto a different bike.
Check age and type rules early. Some lenders cap bike age at the end of the term, and a few decline particular categories entirely. Knowing the shortlist before you shop stops you falling for a bike no lender will finance.
Compare on total repayable, and keep the term aligned to how long you realistically keep bikes between upgrades.
A quick and easy application process
One enquiry compares motorbike lenders across the lender panel without repeated credit checks. Your broker matches your bike and your profile to the right lenders and manages everything through to settlement.
You will need your licence, proof of income and the bike's details, including the VIN for used purchases. Pre-approval typically lands the same day for standard applications.
Tips for comparing motorbike finance
Get pre-approved before you start messaging sellers. It turns inspections into negotiations.
Factor gear and accessories into your budget rather than the loan where possible, and keep the loan matched to the bike itself.
If you are self-employed, ask about low-doc options upfront so the paperwork matches your income evidence from the start rather than being reworked mid-application.
Motorbike finance at a glance
- Secured loans generally cost less, while unsecured suits bikes outside security criteria
- New, used, dealer and private sale purchases are all financeable
- Private sellers are paid directly at settlement after ownership checks
- Commercial structures exist for bikes used to earn income
- Riders compare the whole panel from one enquiry rather than applying lender by lender
Motorbike loan repayment calculator
Estimate your repayments. Adjust the sliders to match your situation.
Loan amount
$10,000$100,000
Interest rate (% p.a.)
3%25%
Loan term
1 yr7 yrs
Balloon payment (%)
0%30%
Monthly repayment
$352
per month
Weekly
$81
Total repayment
$16,909
Estimates only. Your actual rate depends on your profile and lender. Get a real comparison.
Get my quoteAbout the starting rate
6.00% p.a. is a starting point for estimating repayments only. It is not a quote, not an offer of finance, and not a rate available to every applicant. Your actual rate depends on the lender, the asset, the loan term, the loan amount and your circumstances. Adjust to model scenarios.
Motorbike loan options
Not every lender
finances bikes.
Policy varies more on bikes than on almost any other asset. Capacity, age, imports and modifications all change who will lend. Your broker knows which lenders say yes to your bike before an application goes anywhere.
Motorbike finance guides
Written by a licensed broker for Australian riders.
5 guidesMotorbike financeRoad, sport and commuter bikes, secured against the bike or unsecured.Explore motorbike finance
Secured vs Unsecured Motorbike Loans ExplainedWhether your bike loan is secured or unsecured changes the lender pool, the assessment and what happens if things go wrong.New vs Used Motorbike FinanceNew and used bikes get different treatment from lenders. Age caps, kilometres, modifications and private sales all change the finance, and here is where.What Deposit Do You Need for a Motorbike Loan?Some bike loans need no deposit at all, others benefit from one. How deposits change the loan, what counts as a deposit, trade-ins.Buying a Motorbike Privately: How Finance WorksPrivate bike sales can be the best value on two wheels, but the finance runs differently. Ownership checks, PPSR searches, settlement.See all 5 motorbike finance guidesWho we help
Who we help with motorbike finance
The First Bike Buyer
Getting licensed, needs finance for their first road bike.
The Upgrader
Moving from a learner bike to a full-sized machine.
The Tradie Rider
Using the bike for work. ABN or low-doc options.
The Collector
Funding a classic or vintage motorcycle purchase.
The Refinancer
Existing bike loan with a rate that's too high.
18 years or older with a valid motorcycle licence
Australian citizen, permanent resident, or eligible visa holder
Regular income: PAYG, self-employed, ABN or Centrelink considered
Vehicle assessed on its merits, with age, import status and condition considered
Credit history reviewed holistically
Motorbike loan questions
Rates on our panel start from 7.59% p.a. (comparison rate 8.43% p.a.)*. The rate you're offered depends on your credit history, the motorbike's age and the loan term. Tell us what you're buying and we'll compare lenders to find you the best rate we can. The comparison rate example and warning are at the bottom of this page.
Yes. Specialist lenders on our panel offer private sale motorbike finance. The process involves ownership verification and direct payment to the seller. Your broker manages all of this as part of the settlement.
It depends on the lender. Standard lenders often restrict vehicle age to 7-10 years. Specialist lenders on our panel may finance older bikes. The specific limit depends on the bike's condition, your credit profile and the lender's security criteria.
Yes. Low-doc motorbike finance runs through specialist lenders on a licence-and-ABN basis, no payslips involved. Banking only comes up with some lenders when the ABN is under 6 months old. Your broker identifies the right lenders for your situation.
Yes, though options are more limited. Specialist lenders on our panel will consider grey imports and parallel imports. Documentation requirements may be higher. Your broker will advise on eligibility for your specific import.
For standard applications, pre-approval is typically issued same day. Complex applications such as imports or adverse credit may take longer.
Most secured lenders require comprehensive insurance as a condition of the loan. The lender typically holds a noted interest on the policy. Your broker will confirm insurance requirements as part of the settlement process.
Not always. Many lenders will finance the full purchase price for qualified borrowers. A deposit lowers your repayment and can widen the lender shortlist, but it is not a blanket requirement.
Often, yes. Specialist lenders on our panel consider past defaults and credit events on their merits. We match your file to the right lenders first, so you avoid collecting declines and unnecessary credit enquiries.
Most motorbike loans run between 1 and 7 years, with secured loans at the longer end and unsecured typically shorter. Matching the term to how long you keep bikes between upgrades keeps the total cost honest.
Sooner than most riders expect. Some lenders will refinance a loan that has been active for just 1 month, while others prefer a longer history. We check exit costs against the saving before recommending it.
We call you within one business day, generally within the hour, to talk through your options plainly, with no obligation. Pre-approval is possible the same day for many straightforward applications.