Why choose Inbank motorcycle financing?

To get a loan for purchasing a motorcycle, you need to complete an application for a Car loan. With Inbank, you can:

  • apply quickly and easily online and receive a loan offer within minutes;

  • receive the funds in your bank account within 1 business day – pay the seller in a way that suits you;

  • split payments into equal monthly installments, as Inbank does not require a down payment;

  • register the motorcycle in your name immediately, without listing Inbank as the owner;

  • use financing for both new and used motorcycles. This means you can focus on the joy of riding instead of large upfront costs.

Is riding a motorcycle right for you?

A motorcycle is not just a vehicle – it’s a lifestyle. Unlike a car, you are much more exposed to the environment: weather conditions, road surface, and traffic. Before buying, honestly ask yourself:

  • are you ready to learn and develop your riding skills – not just get a license, but also build real experience?

  • are you ready to invest in proper gear, such as a safe helmet and clothing suitable for different weather conditions? Keep in mind – if you plan to carry a passenger, you should also provide them with proper gear;

  • how will you plan your budget so that riding remains enjoyable?

How to choose the right motorcycle?

Start with an honest assessment of your skills. Spring is a great time to begin getting your motorcycle license. Choose a riding school that suits you and obtain a license that matches your planned motorcycle power – A2 or A category. Keep in mind that more powerful motorcycles in Latvia can be ridden from the age of 24. If you already have a category B car license, theory will take just a few evenings, and you can soon move on to practical lessons to get your license already at the start of the season. Even if you plan to obtain the highest category, it is recommended to choose a lower-powered motorcycle for your first 1–2 seasons so you can build your skills. Pay attention to the motorcycle’s weight and how it matches your height and strength. If possible, try different motorcycles at a riding school before making your purchase.

How to choose: new or used motorcycle?

Both options have their pros and cons. Start by defining your needs and expectations so your purchase is not impulsive. Define technical requirements, riding style, road conditions, and plan your budget for additional equipment. Dream a little about the color and adventures you want to experience. A new motorcycle will offer modern safety features and fewer risks of expensive repairs thanks to warranty. A used motorcycle, on the other hand, will be more affordable. Pay attention to the technical inspection status and validity – ideally together with a specialist if you’re not experienced yourself. In both cases, think ahead – how long you plan to keep the motorcycle and what its resale value might be. The more popular the model, the easier it will be to find spare parts, especially if you want to customize it.

What does a motorcycle really cost?

The purchase price is just the beginning. To avoid surprises, also consider:

  • insurance (OCTA / CASCO);

  • maintenance;

  • tires;

  • fuel;

  • gear (helmet, jacket, gloves, boots) – if you plan to carry a passenger, double these costs.

Gear alone can cost several hundred euros, but it’s an investment in your safety. Good gear will also be useful during your riding lessons. Did you know that when applying for a motorcycle loan, you can include not only the motorcycle but also gear in the total loan amount?

Common mistakes when buying a motorcycle

Here are some common ones to avoid:

  • choosing a motorcycle that is too powerful – hard to control, especially without experience;

  • ignoring gear – safety is not something to compromise on;

  • underestimating the budget – a motorcycle is a long-term cost, not just a purchase;

  • rushing the decision – it’s better to compare several options.

How to finance your motorcycle purchase?

If you want a better-quality motorcycle or to keep your savings, a motorcycle loan is a smart solution. Why choose a motorcycle loan?

  • you can split the cost into monthly payments – with Inbank, no down payment or collateral required;

  • you can choose a safer and better motorcycle – monthly payment differences are less noticeable than paying the full amount upfront;

  • you can include both the motorcycle and gear in the loan.