If you decide to finance your new motorbike or scooter through us, we’ll be looking to offer you one of three types, these are: - Hire Purchase (HP) – this is the most common finance. The lender owns the bike and you hire it from them until you’ve made all the monthly payments and your option to purchase fee, then it’s yours. - Conditional Sale (CS) – this is pretty similar to HP, except there is no option to purchase fee. - Personal Contract Purchase (PCP) – not so different from HP in that the lender owns the bike until you’ve paid the agreed monthly payments, but you still don’t own it. Then you can hand it back, use any value in the bike as a deposit to get another [...]
Applying for motorbike or scooter finance is like applying for any other finance, we have to know some personal things about you. Not too personal though, so no need to worry. We’ll do some ID checks, including who you are and where you live, and we’ll also need to know your income and have an idea of what your credit history is like. To do this, we’ll be asking: - where you’ve lived for the last three years - how much you earn each month - who you work for - your credit score As it’s the law, we’ll also need to see proof that you have your compulsory basic training (CBT) certificate too. This information will be used to find a lender offering the best motorbike finance for you [...]
Yes, absolutely. Often bad credit is the result of a blip with your finances, and we all have those now and again. But the effects on your credit history can last a long time and can often mean you get declined for credit. We want to try and help when this happens and will do our best to find the finance you need to get your new scooter or motorbike on the road. Because of this, we’ve made sure to include lenders on our panel who offer finance to those with a less-than-perfect credit history. We’re here to help, so don’t let having a poor credit score put you off applying with us.
No, you can apply for motorbike finance with nothing to put down as a deposit. This means that if you’ve just seen a motorbike or scooter that’s ideal, you don’t have to worry about months of saving and possibly missing out. Give us a call and we can get your finance application started straight away. If you do have a deposit, that’s great too. Let us know how much and we’ll keep it in mind when we search our panel of lenders for you. And, don’t forget, if you already have a bike, you can use that as part-exchange too.
Yes, we do. If you’ve just decided to get yourself a motorbike or a little scooter to run around on, great choice, well done! We love motorbikes here, so we’d be really happy to help you find finance to get you on the road quickly and simply. But, that’s not all, if you’ve not yet found the right bike, we can help you with that too. We have loads of experience with motorbikes at The Vehicle Financer, you could say it’s our specialist area. So, if you want us to help you find the right bike, get in touch, let us know what you’re after and we’ll get right on it.