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…

There is nothing like a new bike to get you frothed up into a summertime riding frenzy. Fish and chip supper? On the Northumbrian coast. Evening bike meet? In Poole. Day out to British Superbikes? They’re running at Knockhill this weekend. Paddling at the seaside? Blackpool’s nice. Any excuse for a ride. Which is, of course, a good thing.

Of course finding the funds to finance the bike is harder than daydreams of riding it. 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. Monthly payments are kept low, which puts your dream bike within reach: Yamaha’s updated XSR900 retro for £120 per month; a Harley-davidson Softail for £129pm; BMW’S R1250GS for £151pm; a supercharged Kawasaki H2 SX SE for less than £250pm.

As 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 it’s all very , very tempting. Just make sure it suits you. Below is our PCP refresher course and, of course, other ways of buying bikes are available.