Finance Options
It is our attempt to offer a financial package to suit all pockets. We are a Black Horse Approved dealer, which means we can offer low deposits, and competitive rates. We offer a helpful approach to a range of products that are designed to protect your best interests.
Rider Loan
This is the most common yet simple form of agreement, which allows you to spread payments over a fixed period. The interest rate is fixed at the start of the agreement, so you can enjoy the benefit of protection against subsequent interest rate rises during the term of the loan. With Rider Loan you also have the advantage of being able to add bolt on extras, road insurance, training, or clothing to the loan amount, and you don’t have to pay a large deposit. To find out more or to get a quote, call and ask for Steve.
| 4 YEAR RIDER LOAN EXAMPLE |
| CASH PRICE |
£8,949.00 |
| DEPOSIT |
£99.00 |
| AMOUNT OF CREDIT |
£8,850.00 |
| 1ST PAYMENT |
£231.18 |
| MONTHLY REPAYMENTS |
£231.18 |
| NO OF MONTHS |
48 |
| FINAL PAYMENT |
£276.18 |
| TOTAL AMOUNT PAYABLE |
£11141.64 |
| TYPICAL APR |
12.4% |
Ride on PCP
Ride on PCP is a flexible finance plan which is designed to provide the biker with an affordable way to have a new bike every two or three years. As with Rider Loan you pay a small deposit, and then make regular monthly payments. But when you reach the end of the agreement you then have three options. Option 1, pay the final lump sum payment plus a purchase fee and keep the bike. Option 2, if you no longer like the bike simply hand it back to us providing the bike is in good order and has not exceeded the maximum agreed mileage. Or the most popular Option 3 is to part exchange your bike for a new one. For a personal quote email sales@motorcyclemart.co.uk
| 3 YEAR PCP EXAMPLE |
| CASH PRICE |
£5,249.00 |
| DEPOSIT |
£524.90 (10%) |
| AMOUNT OF CREDIT |
£4,724.10 |
| 1ST PAYMENT |
£150.00 |
| MONTHLY REPAYMENTS |
£117.07 |
| NO OF MONTHS |
37 |
| FINAL PAYMENT |
£1,820.00 |
| TOTAL AMOUNT PAYABLE |
£6,067.45 |
| TYPICAL APR |
13.9% |
Guaranteed Asset Protection (GAP)
Designed to help you to continue riding the bike of your choice after the worst case scenario, the total loss of your bike due to accident, damage or fire and theft.
| GAP INSURANCE EXAMPLE |
| MAKE & MODEL |
SUZUKI M1800R |
|
WITHOUT GAP INSURANCE |
WITH GAP INSURANCE |
| PURCHASE PRICE |
£9,149 |
£9,149 |
| INSURANCE SETTLEMENT |
£6,250 |
£6,250 |
| GAP PAYOUT |
£0.00 |
£2,899 |
| YOUR LOSS |
£2,899 |
£0.00 |
Retail Price Protection GAP
This product will make up the difference between insurance pay out and the original invoice price of the bike. Retail Price Protection GAP is available to all customers, whether or not a credit agreement with a finance company is taken out at point of sale, subject to terms and conditions. The level of cover is for 36 months, and the maximum benefit payable is £7000.00. A brochure detailing terms and conditions is available on request.
For further information about any of the above please call and ask for Steve, or e-mail sales@motorcyclemart.co.uk
Finance is only available to people 16 years and over, subject to status. Indemnities may be required. Written details are available on request.
Motorcycle Warranty
You have chosen your motorcycle with care. Now give it the after-care it really deserves with quaility mechanical and electrical breakdown cover from Black Horse Motorcycle Warranty. A Black Horse Motorcycle warranty covers the cost of repairing major mechanical and electrical systems in the event of failure.
