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Driva Motorbike Loans

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Driva Motorbike Loan

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Application Fee
$295 (varies by lender, starting from $295)
Interest Rate (p.a.)
From 5.95% (fixed)
Comparison Rate (p.a.)
7.98%
Max Loan Amount
$250,000

Summary

Find the perfect loan for your motorbike purchase from $2,000 to $250,000, and you could be riding away tomorrow.

Driva is a licensed Australian broker for a range of vehicle loans. Quickly compare tailored finance options from Driva's panel of partnered lenders and dealerships by filling out one simple form.

You can get real rates for a motorbike loan from $1,000 - $250,000, and it won't affect your credit score.

Pros

  • Range of lenders
  • Quick turnaround
  • 100% online application

Cons

  • Application fee varies by lender, starting from $295
  • $10 monthly fee

In this guide

  • Review
  • Details
    • Product details
  • Your reviews
  • Ask a question

Details

Product details

Product Name Driva Motorbike Loan
Interest Rate (p.a.) 5.95% to 25.99%
Comp. Rate (p.a.) 7.98% to 30.9%
Interest Rate Type Fixed
Min Loan Amount $1,000
Max Loan Amount $250,000

Features of a Driva motorbike loan

  • Loan amount. Get access to finance from $1,000 to $250,000.
  • Loan term. Repay your loan over 1 to 7 years.
  • Quick application. Apply online in just two minutes.
  • Real rates. View numerous pre-qualified rates.
  • Transparent fees. View a transparent display of lender fees.
  • Range of lenders. Get access to a range of lenders from a single application.
  • Dealership and private car sales. Driva works with both dealerships and private car dealers.
  • Quick turnaround. You could get your loan as quickly as the same day, but this will depend on the lender that you opt for.
  • Tailored rates. Rates are tailored to your financial circumstances and depend on the information that you provide.
  • Won't affect your credit score. Driva does not run hard credit checks. However, your chosen lender will usually run a credit check.
  • Interest rate. From 5.95% p.a.
  • Comparison rate. From 7.98% p.a.
  • Online application. You can apply 100% online. Driva is also available by phone.

Fees and charges

  • Application fee. Application fees start from $295, but they will vary depending on your chosen lender.
  • Monthly service fee. Monthly fees range from $0–$10 per month, though this will depend on your lender.
  • Late payment fee. Late fees will vary from lender to lender.

How to apply for a Driva motorbike loan

To inquire about a motorbike loan from Driva, simply click "Go to site" to visit the platform directly. During the application process you will need to provide some information about yourself and the type of loan that you're looking for:

Details about your loan

  • Whether you have chosen your motorbike or are still shopping around
  • How much money you intend on spending
  • Your preferred loan term
  • The deposit amount that you have (if any)
  • When you would like to repay the loan by

Your personal information

  • Name
  • Email address
  • Home address
  • Driver's licence number and state your licence was issued in
  • Two recent payslips
  • Three months of bank statements (these are accessed digitally via the Driva platform)

You may be required to provide additional information or documentation depending on the lender that you opt for.
While getting expert advice from a qualified loan broker can be invaluable, it is also important to compare motorbike loan options yourself, before submitting an application.

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OurMoneyMarket New Car Loan
Fixed1 - 7 Years $2,001 - $75,000
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OurMoneyMarket Used Car Loan - No Vehicle Age Limit
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Application Fee
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Stratton Finance Used Car Loan
Fixed1 - 7 Years $10,000 - $300,000
Interest Rate (p.a.)
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Comp. Rate (p.a.)
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$395
Monthly Fee
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You'll receive a fixed rate loan from 6.52% p.a. with a comparison rate of 6.95% p.a.
A used car loan of up to $300,000 with quick approval times and balloon payment options.
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