The 3 main finance options available with
Black Horse Motorcycle Finance:
PCP - Personal Contract Purchase - OUR MOST POPULAR OPTION
Flexible finance over 2, 3 or 4 year periods with as little as £500 deposit and a GFV - Guaranteed Future Value on your motorcycle (currently based on 6000 miles per year). At the end of your agreement you have the following 3 options: -
- You can part exchange your motorcycle for a new one and start a new agreement
- You can pay the final amount plus the purchase fee and own the motorcycle outright
- You can return the motorcycle back to the finance company (in a reasonable condition) and just walk away
Even if you don't keep your bike for the full term of the loan, this method of payment is so flexible you can change your bike at any time! You can also make additional payments over and above your monthly instalments which reduce your GFV.
The main benefits of PCP: -
It facilitates you changing your motorcycle for a new one every two or three years- Your initial capital outlay (deposit) is reduced
- Your monthly payments are much more affordable
- Your monthly payments are fixed as is the interest rate
- There is a minimum guaranteed future value (GFV) on your bike - this provides peace of mind and allows you to walk away from the agreement
HIRE PURCHASE Loan
Fixed interest rates and fixed monthly payments from 12 to 60 months with an affordable minimum deposit of just £99. You are not tied into keeping the bike for the duration of the loan, you are able to change it at any time providing the oustanding loan amount is cleared with Black Horse Finance. You may also pay additional lump sum payments into your loan at any time which shortens the term.
Biker Loan
Borrow anything from £1000 to £25000 with arrangement fee FREE option - your interest rate is fixed but will be dependant upon how much you borrow. You also have the option to spread your repayments over as little as 12 months right up to a 60 month period. Whichever is best suited to your budget and age of the bike.
Click here for information on GAP Insurance