Financing a new bike

Finance comes in many shapes and sizes, and the PCP has been all the rage for a few years now. Here’s how it works…

It’s been a funny old year since Bike’s last PCP guide, to say the least. Most of us have never experienced such tumultuous times but vaccines willing, and with a fair wind behind us, things are at last beginning to improve. At least here in the UK.

And so thoughts turn to summer rides and the prospect of a new bike. It’s been a while now since the PCP entered our lives, and it remains the most popular way onto a new, or preloved, motorcycle. And with good reasons. Monthly payments are kept low, which is great. But more importantly owning your dream bike is there for the taking: Triumph’s fantastic new Trident for £65.93 per month; Yamaha’s new for 2021 MT-09 at less than £100 pm; BMW’S R1250GS for £172.09pm and Yamaha’s YZF-R1 for less than £250pm. And that’s just four of the 100 deals currently on offer and here in our 2021 PCP guide. Of course, with any finance deal it’s not quite as straightforward as all that. There are deposits to lodge and final payments to divvy up, among other final act options. However, when it comes to getting your arse on your dream bike, after all the last year has inflicted upon us, it’s all very tempting. Below is our PCP refresher course and, of course, other ways of buying bikes are available.

All quotes published here are correct at time of going to press. For the very latest figures contact your local dealer and haggle hard.