Motorcycle Finance



Motorcycle finance helps you spread the cost of a new or used motorcycle. Instead of paying the full amount upfront, you can pay monthly with interest. Black Horse offer a range of financial options to allow to get out on the road with a payment plan flexible to your needs, with different preference options available for your circumstances, such as Personal Loan, Hire Purchase and Personal Contract Purchase (PCP).

But how does it all work?

The Products

Each of these products works a little differently, but in general terms, the finance company will buy the motorcycle on your behalf and then you will repay the amount borrowed, plus interest - when you have paid the final repayment the motorcycle will be yours. The exception is Personal Loan where you own the motorcycle from the outset.

Your Options

The choice is yours:

  • Own the motorcycle from the beginning of the agreement as in the case of a Personal Loan
  • Own the motorcycle at the end of the agreement
  • Or ride a new motorcycle for a set term, handing it back at the end. This is an option under Personal Contract Purchase (PCP).*

Repayment Duration

Dependant on the product you choose, you would typically pay a deposit and make monthly repayments from 1-5 years to tailor the finance to meet your budget. Where the product is secured against the motorcycle for the duration of the agreement (not in the case of a Personal Loan) the motorcycle will be owned by the finance company (not the dealer). You do not take title of the motorcycle until the final repayment is made.

* Under our PCP product, you have the option at the end of the agreement to return the motorcycle and not pay the final lump sum repayment. If the motorcycle is in good condition and has not exceeded the agreed maximum mileage you will have nothing further to pay. Further information on what is considered good condition can be found at If the motorcycle has exceeded the agreed maximum mileage a charge for excess mileage will apply.


Being a Guarantor?

What does being a guarantor mean?
Being a guarantor involves helping someone else get credit, such as a loan or mortgage. Acting as a guarantor, you “guarantee” someone else’s loan or mortgage by promising to repay the debt if they can’t afford to. It’s wise to only agree to being a guarantor for someone you know well. Often, parents will act as guarantors for their children, to help them take that first step onto the property ladder.

Can anyone be a guarantor?
Almost anyone can be a guarantor. It’s often a parent, spouse (as long as you have separate bank accounts), sister, brother, uncle or aunt, friend, or even a grandparent. However, you should only be a guarantor for someone you trust and are willing and able to cover the repayments for.

To be a guarantor you’ll need to be over 21 years old, with a good credit history and financial stability. If you’re a homeowner, this will add credibility to the application.

Whether you’re considering asking someone to be a guarantor, or you’ve been approached by a family member or friend in need, you need to be aware of the possible financial risks.