Motorbike Loans

Dreaming of the road less travelled?

Find your freedom on that long and winding road sooner with a low-rate motorbike loan from Plenti.

Interest rates from

6.57

p.a.

Comparison rate*

6.57

p.a.

Interest rates from

6.57

p.a.

Comparison rate*

6.57

p.a.

We've helped over 95,000 Australians bring their big ideas to life with a low rate loan. And we're just getting started.

Features

Simple rates, tailored to you

We take the time to get to know you so we can offer you a better rate based on your good credit history.

Monthly fees

Early repayments

$5k - $50kLoan amounts

1 - 7 yearsLoan terms

24 hourSettlement

See how our rates stack up

Compare our personal loan interest rates against the big 4 banks (including CommBank, Westpac, ANZ, & NAB)

Interest RatesComparison Rates

Plenti

from 6.57% pa

ANZ

from 7.49% pa

Westpac

from 7.99% pa

NAB

from 8.49% pa

CommBank

from 8.50% pa

Rates as of 27/07/2024.

Excludes any short term promotional rates. View the fine print for important information.

Reviews

A 5-star experience from start to end

Turn your somedays into today with Australia’s #1 rated consumer lender.

7615-star reviews

2,5265-star reviews

1,6155-star reviews

Process

A faster, fairer experience

Tap, swipe, click. Enjoy a completely paperless borrowing experience that’s fast and simple.

1. Get your rate

1 minute, 10 simple questions. It's all we need to estimate the rate on your motorbike loan.

2. Apply in minutes

3. Enjoy your funds

FAQS

Motorbike loans, explained

From eligibility to interest rates, we’ve got the answers you need on all things motorbike loans.

What is a personal loan?
How do personal loans work?
What types of personal loans are there?
How do I compare personal loans?
How do I apply for a personal loan?

How do motorcycle loans work?

Financing your new motorcycle with Plenti is quick and easy. Once you’re conditionally approved, simply tick off those last few conditions, provide your new motorcycle’s and seller’s details, and then sign your loan contract. We’ll pay the seller or dealership on your behalf and you can hit the open road.

You’ll then make monthly direct debit repayments of principal, interest, and fees as set out in your loan contract until you have paid off your loan.

Want to see where you’re up to with your repayments? Log in to the borrower portal to see your previous and upcoming payments and even make additional payments for no extra cost.

How do I apply for a motorcycle loan?

Plenti’s application process is quick, easy, and entirely online. Once you have confirmed that you are eligible for a motorcycle loan, you can complete the rate quote here. If you are happy with the estimated rate, continue the application by simply clicking through to the next step.*

As part of the application process, you will be asked to verify your identity and your income - it’s helpful to have your identity documents and bank statements on hand for this stage.

As part of the settlement process, we’ll need a few extra documents including, but not limited to, insurance, registration and a sales invoice and a valid Australian motorcycle licence. You’ll be prompted to upload these to your application when the time comes.

*All applications are subject to credit assessment and eligibility criteria. Terms, conditions, fees and charges may apply.

Who is eligible for a Plenti motorcycle loan?

To be eligible for a motorcycle loan with Plenti, you will need to, at a minimum:

Be aged 21 or over
Be an Australian citizen or permanent resident
Be earning over $35,000 per year from a regular source of income that you can demonstrate
Have a clean repayment history and no bankruptcy, court judgment, or unpaid defaults on your credit file
Have a valid Australian motorcycle licence

Plenti will consider a loan application if you are self-employed. Additional credit assessment criteria and requirements may apply.

What fees might apply to a Plenti motorcycle loan?^

Like any loan, some fees may apply to your Plenti motorcycle loan.These may include a credit assistance fee. While this is an establishment fee, it is not payable at the beginning of your loan. Instead, this fee is added to the total amount financed and spread across the life of your loan. It’s then paid back monthly as part of your regular repayment.

A $9.90 monthly account fee is included in Plenti motorcycle loans. This is built into your monthly repayment.

If you choose to apply through a broker, you may have to pay the broker an agreed-upon origination fee. This is sometimes called an 'Origination Fee' or 'Dealer Origination Fee' (DOF).

You may incur a missed or late payment fee if you miss a monthly direct debit repayment.

If you decide to make additional repayments or pay off your loan early, there’s no need to worry about additional fees. We wouldn't want to reward your hard work with more fees.

^ Other fees and charges may apply. Fees listed are correct as at [15] December 2022, and are subject to change at any time.

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