Bicycle finance

There is an ever-growing need for bicycle finance in South Africa. We are going to break down what you need to know about financing a bicycle and how we can help you do so. We finance mountain bikes, road bikes, gravel bikes, e-bikes and more. 

There are a number of reasons you might want to purchase a bicycle, from buying a bicycle to commute to work or to further your career as a competitive cyclist. Whether you are a high-level competitive cyclist riding in the Cape Epic, a cyclo-tourist, a weekend enthusiast or if you need the bicycle or e-bike for urban transport we can assist you. We provide finance that is adapted to the needs and demands of all our customers. 

Motorlease has been in the finance business for over 30 years and we have sponsored a number of mountain biking giants such as Annie Last, Jordan Sarrou, Victor Koretsky, Mariske Strauss & Amy McDougall.

Bicycles that qualify for finance

E-bike finance

e-Bike finance

Electric bicycles offer many of the same great benefits as traditional bicycles. You are able to improve your health while having fun and saving money on petrol and parking. With an e-bike, you can climb hills and mountains or fight the wind without breaking a sweat.

Let Motorlease assist you in securing bicycle finance for that hybrid bicycle.

Mountain Bikers

Mountain Bike finance

Mountain biking can be described as the sport of riding bicycles off-road, often over rough terrain, using specially designed mountain bikes. … These include the cross country (XC), trail riding, all-mountain, downhill, freeride, slopestyle, dirt jumping and trials. Whether you mtb competitively or hit the trails over the weekend, buy that bike you have had your eye on.

That is where we can help. We can help you get the MTB bike that fits your needs through our mountain bike financing.

Road Bicycle Finance

Road Bike finance

Road bikes are designed to take you as far and as fast as your legs can handle. The type of road bike that you buy will depend on what you use it for. We have you covered if you want to buy a carbon fibre frame or electronic 24-speed drivetrain that is seen on high-end road munching machines. We will make sure you get the best road bicycle finance deal.

Gravel bike finance

Gravel Bike finance

A gravel bike is a drop-bar bike designed to let you ride over many different surfaces. The drop handlebar and road bike-like design mean that you can make good progress on the road, but with wider tyres, lower gearing and stable handling you can also head off the beaten track. This allows you to cycle unrestricted by terrain. We will assist you with bicycle financing for any gravel bike.

Set Up Your Bike Correctly

Once you have successfully financed your bicycle it is important that you get it set up correctly to make sure that you are able to use it to its full potential. Trying to ride a bicycle that is not set up correctly is like walking two steps forward and one step back.

Everyone is different with respect to leg, arm and torso length, so visiting a specialist bike shop is an extremely worthwhile exercise. At a specialist bike shop, you can have your saddle, stem and handlebar positions adjusted so that the bike is effectively tailored to your body. This will help make sure that you have the best experience possible on your new bike.

What you need to know before applying for bicycle finance

When you are financing your bicycle, there are few things that you need to consider. Here are some of the things to remember when applying for bicycle financing through Motorlease:

  • Our minimum bicycle purchase price is R20 000.00
  • Our maximum purchase price is R150 000.00 after the deposit.
  • A 10% deposit is applicable on new bikes. Used assets normally don’t attract a deposit.
  • The bicycle can be new or used.
  • We can finance a bicycle up to 3 years old.
  • Interest rates are fixed and start from 11.5%
  • The finance duration is between 12 and 24 months. Choose what suits your budget best.
  • We provide bicycle finance for private individuals and companies.
  • There will be an Initiation and Service fee which is added to your deal, this can be financed along with your asset.

Get Bicycle Financing Through Motorlease

Financing a bicycle might seem a bit complicated, but don’t worry, we are here to help. We will help you at every stage of the process and will make it as easy as possible for you. 

Once you know which bike you would like to buy, simply apply for bicycle financing with Motorlease, and we will be in touch.