Motorcycle buying and financing


Red motorcycle parked near building by trees.
Looking for a new toy?

We’ve got loan options for new and used recreational vehicles.

Learn about our motorcycle loans

Got your eye on a sweet bike? Get up to speed on purchasing and loans so you get the best deal possible.

Whether you want to feel the thrill of the open road or simply want a fuel efficient mode of transportation, nothing compares to a motorcycle. If you have your sights set on buying a bike but don’t have the cash on hand, here’s what you need to know about buying and financing a motorcycle.

Check the value

Kelly Blue Book for Motorcycles and NADA guides are two online resources that will help you determine the market value of new and used motorcycles. Use them to prepare for price negotiations with the seller.

Consider all your costs

The purchase price is just one cost associated with a motorcycle. In addition to the monthly loan payment, be sure to budget for insurance, maintenance, protective gear and the accessories you want. Also keep in mind that the bigger your down payment, the lower your monthly payments will be.

Comparing loans

When comparing motorcycle loans, of course, you’ll look at interest rates. At Consumers, motorcycle loan rates vary by both the amount borrowed and repayment periods. Check out our competitive rates.

Compare loan terms as well. For example, is there a penalty if you pay off the loan early? (At Consumers, there is no penalty for prepayment.) Get the loan that’s most favorable for you.

How loan decisions are made

Like loans for cars or homes, lenders look at several factors: the value of the bike you want to buy, your credit score, the down payment and your ability to repay the loan.

Apply today

We’re here to help you get out on the highway as fast as possible, check out our recreational vehicle loans online or call us at 800-991-2221 to finance your new or new-to-you motorcycle.

Consumers provides banking services for more than 100,000 members. If you have auto loan questions, call us at 800-991-2221. We make it easy to bank how you want, when you want.

Federally insured by NCUA

Looking for a new toy?

We’ve got loan options for new and used recreational vehicles.

Learn about our motorcycle loans

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