Do you also associate a bike with the feeling of adventure and freedom? Especially in the warm summer months, it attracts numerous motorcyclists for extended stages or fast-paced joyrides on the roads. Those who want to fulfil their dream of owning their own machine often have to have a considerable amount of money ready for this. After all, the purchase costs are often comparable to those of a small car. However, immediately before the two-wheeler season, the necessary cash is often lacking. In this case, a loan for the motorcycle can help you. This way, you don't have to save up the necessary purchase price and possibly forego a large part of the motorcycle season.
Leasing and personal loan in comparison
When buying a vehicle, the seller may make you a supposedly low-cost leasing offer. However, before signing the contract, you should compare this offer with the advantages of an instalment loan. The monthly charges are higher with a loan than with leasing, but with the latter you have to make a large down payment. Furthermore, with a personal loan, you can deduct the installments paid on your tax return. In addition, you must remember that with lease financing, the bike will still belong to the leasing company at the end of the term and not to you.
In contrast, with a loan you become the owner of the motorcycle immediately after signing the purchase contract. In addition, with a lease you are required to have expensive comprehensive insurance and any repairs must be carried out using original spare parts. With a loan, you are not subject to any regulations in this regard. You can also sell the bike at any time.
Conclusion
As you have surely realised, a loan offers significant advantages over the leasing alternative. If you still have questions in this regard, the financial experts at bestfinance.ch will be happy to provide you with competent advice. In addition, we can obtain free and non-binding loan offers from our major partner banks, which you can then compare at your leisure.
Or apply for your motorcycle loan online right now.
Article as PDF: Loan for a motorcycle: How to finance your passion.pdf.