Find your best Ducati finance rate with Driva

No matter what type of bike you’re looking at, if you’re buying it brand new, you’ll probably need to spend at least $5,000. If you’re after a speciality bike though, you might find yourself spending upwards of $40,000. Ducati motorcycles have a fairly wide range of options to suit all different budgets, with the Urban Motard coming in at $17,200 and the Streetfighter V4 starting at $29,500. 

If you’re looking to save a bit of money, it could be a good idea to consider buying a used motorcycle. 

Learn more: Financing A Used Motorcycle - What You Need To Know

There are a number of different ways that you can finance your new Ducati bike, and one of the main ones is by getting a motorcycle loan. Driva has a range of Ducati finance options, whether you’re after a secured loan or a commercial one. 

A motorcycle loan is a great option if you’re wanting to buy a new bike but don’t have the cash on hand to do so immediately. With a motorcycle loan, you’ll be able to borrow the full amount of the bike’s purchase price, so you don’t have to wait until you’ve saved all, or even a portion of, the price of the bike.

Additionally, if you’re looking to improve your credit score, a motorcycle loan can help you do so. As long as you meet your loan repayments in full and on time each month, your credit score will improve. This will make it easier to get approved for future loans, whether they’re for a house or another vehicle.

Yep! Whether you’re getting your bike from a Ducati dealer, or you’re organising a sale with a private seller from Gumtree, Driva can help you find the best financing options.

Driva works with a panel of more than 30 lenders, including major banks, traditional vehicle lenders and online lenders, to ensure that you’re getting the best possible rates.

In order for your loan to settle with any of our lenders, you’ll need to organise comprehensive vehicle insurance. This will cover all loss or damage to your vehicle and to another person’s vehicle or property in the event of an accident. 

You’ll need comprehensive insurance in addition to the legally required compulsory third party insurance.  

Driva is committed to getting you the best deal on your dream Ducati bike, so if you’ve got any questions at all, feel free to get in touch with our friendly finance team! Give us a call on 1300 755 494 or email us at contact@driva.com.au.

When you’re comparing loan options, you’ll probably see that each loan has an APR (Annual Percentage Rate) and a comparison rate attached. The comparison rate includes nearly all the fees you’ll be charged on your loan, so it’s the most accurate representation of the true cost of your loan. Be wary of relying too heavily on lender quoted APRs as they can be quite misleading, and instead make sure you’re checking the comparison rates of each loan option. 

Both loans work in a similar way, but Ducati dealer finance can only be obtained through the dealership that you’re buying your motorcycle from. Dealer finance allows you to drive away on your new bike faster and may have a lower interest rate. However, be wary if you’re considering this type of finance, as this lower interest rate may be a sales technique employed to encourage the bike to be sold at a higher price. 

Learn more: Dealer Finance Or Car Loan? Which Is Better?

All of the loans that Driva facilitates are fixed rate finance products. This means that the amount you pay each month in interest won’t change over the duration of the loan. However, it also means that the only way to access a lower interest rate, for example, if you’ve recently improved your credit score, is to refinance. The good news is that refinancing is something Driva can help with too!

Every lender charges fees. The important thing is to make sure you’re aware of these before agreeing to any loan. These fees might include things like monthly fees or early repayment fees. 

Approval times tend to vary between lenders, but you’ll normally be approved between 2 hours and 2 days after your application has been submitted to the lender. We won’t submit your application until we think it’s likely to be approved.