Whether you’re after a daily commuter, a weekend tourer, or a high-performance sportsbike, motorbike finance in Australia makes it possible to ride your dream machine sooner rather than later. With motorcycle prices ranging from under $10,000 for entry-level models to over $50,000 for premium European or adventure bikes, having the right finance in place is essential — and Journey Finance is here to help.
Our brokers specialise in motorbike and powersports finance across Australia, working with lenders who understand the motorcycle market and can deliver competitive rates for both new and used bikes.
Types of Motorbikes and Powersports We Finance
Journey Finance can help you finance a wide range of two-wheeled and powersports vehicles, including:
- Road bikes and naked bikes
- Sports bikes and superbikes
- Adventure bikes and dual sport
- Cruisers and touring motorcycles
- Scooters and mopeds
- Trail bikes and enduro motorcycles
- Electric motorcycles
- Sidecars
Popular brands financed through Journey Finance include Harley-Davidson, BMW Motorrad, Ducati, Honda, Yamaha, Kawasaki, Suzuki, Triumph, KTM, Royal Enfield, and more.
Motorbike Finance Options in Australia
Secured Personal Loan (Motorbike as Security)
The most common motorbike finance option is a secured personal loan, where the bike itself acts as collateral for the loan. This typically results in a lower interest rate compared to an unsecured loan. You own the bike outright from day one, and the lender places a security interest over the vehicle until the loan is repaid. Terms generally range from one to seven years.
Unsecured Personal Loan
For older or lower-value motorcycles, an unsecured personal loan may be the most practical option. There are no asset-based requirements, which means faster approval and less documentation. Interest rates are generally higher, but the flexibility makes it a good choice for private purchases or bikes that don’t meet secured loan requirements.
Business Motorbike Finance (Chattel Mortgage)
If you’re purchasing a motorbike primarily for business use — for example, as a delivery courier, a tradesperson using a trail bike on site, or a touring journalist — you may be eligible for a chattel mortgage. This allows you to claim tax deductions on interest, depreciation, and potentially GST on the purchase price.
New vs. Used Motorbike Finance
New motorcycles attract the best finance terms because lenders have full confidence in the asset’s value and condition. New bikes from authorised dealers are particularly easy to finance, and Journey Finance can often arrange pre-approved finance before you visit the showroom.
Used bikes are also financeable, though terms become tighter as the bike ages. Most lenders will finance bikes up to ten to fifteen years old, provided the bike is in roadworthy condition and has clear title. Older collector or classic bikes can sometimes still be financed with specialist lenders.
Private Sale Motorbike Finance
Buying a motorbike from a private seller? Journey Finance can help you arrange finance for private purchases too. We’ll check for any encumbrances on the vehicle and coordinate the payment process directly with the seller, ensuring the transaction is safe and straightforward for both parties. This is particularly valuable for higher-value private sales where secure payment handling is important.
Motorbike Finance for Learner and Provisional Riders
Getting your L plates doesn’t mean you can’t get motorbike finance. Many lenders will approve motorcycle loans for learner riders, particularly when buying a LAMS (Learner Approved Motorcycle Scheme) approved bike. Journey Finance works with lenders who understand that many motorcycle buyers are new to riding but are financially stable borrowers.
If you’re a younger borrower or have a limited credit history, we’ll work with you to find the most appropriate lender for your circumstances and maximise your chances of approval.
Electric Motorcycle Finance
Electric motorcycles are growing rapidly in popularity in Australia, with models from Zero Motorcycles, Energica, and Harley-Davidson’s LiveWire range attracting strong interest. EV motorcycles can be financed through the same secured personal loan products as petrol bikes, and may also qualify for state-based EV incentives — including stamp duty exemptions in some jurisdictions.
Journey Finance is across the latest lender products for electric motorcycle finance and can compare options specifically suited to EV bikes.
What Documents Do I Need to Apply?
The documents required for motorbike finance are similar to those for any personal loan. You’ll typically need proof of identity (driver’s licence and passport), proof of income (recent payslips, tax returns, or bank statements for self-employed applicants), and details of the bike you’re purchasing including make, model, year, and asking price.
Our application process is entirely online and takes around ten to fifteen minutes. Once submitted, we can usually provide a conditional approval within one business day.
Finance Your Next Motorbike with Journey Finance
Our team of finance specialists is passionate about motorcycles and understands the unique aspects of the market — from LAMS restrictions to the collector value of vintage bikes. We compare motorbike finance products across more than 30 lenders to ensure you get the most competitive rate available for your situation.
Don’t let budget be the barrier between you and your next ride. Apply for motorbike finance today and our team will be in touch shortly.