What is Personal Contract Purchase (PCP)?
Personal Contract Purchase (PCP) Explained PCP provides lower monthly payments than traditional finance. Your instalments cover the motorcycle’s expected depreciation during the agreement, rather than its full value. PCP agreements typically run for 18 to 48 months, and tend to suit riders who enjoy changing motorcycles regularly or want to keep monthly costs more manageable. At the end of the agreement, you have several options, depending on the terms and what you want to do next. We’ll talk you through these choices before you commit. PCP therefore provides useful flexibility if outright ownership is not your priority. It also makes riding a newer motorcycle more accessible without financing its full value.

How does PCP actually work?​

Choose your bike and annual mileage

Select the motorcycle you want and estimate how many miles you expect to ride each year.

Flexible deposit options

A deposit is usually required, although a £0 deposit may be available subject to status.

Fixed monthly payments

You’ll make equal monthly repayments with a fixed interest rate over your chosen term, typically one to fouryears.

End of agreement options

When your agreement ends, you can:

  1. Part exchange your bike for a new one.
  2. Return the bike with nothing further to pay (subject to condition and mileage).
  3. Pay the optional final payment to own the motorcycle.

The maximum age of the vehicle at the end of the agreement is typically seven years. Minimum and maximum finance amounts may apply.

What are the advantages of PCP?

  • Lower monthly payments compared with many other finance options
  • Flexible end-of-agreement choices
  • Opportunity to ride newer motorcycles more often
  • Fixed monthly payments for easier budgeting

What should you consider when option for a PCP?

  • Annual mileage limits apply.
  • The motorcycle must meet fair wear and tear standards if returned.
  • An optional final payment is required if you want to own the bike.

Can I settle my PCP agreement early?

Yes. You can request a settlement figure at any time if you decide to pay off the remaining balance early. Contact our team for assistance.

Hire purchase (HP)
Hire Purchase (HP) Explained HP offers a simple route towards owning your motorcycle. You pay an initial deposit, followed by fixed monthly instalments covering the bike’s full financed value. Once the agreement ends and all required payments are complete, the motorcycle is yours. This makes HP particularly suitable if you plan to keep your bike long term. Fixed instalments also make budgeting easier because you know what your regular payment will be. HP focuses on paying for the motorcycle in full, with ownership at the end. If ownership is your goal, HP provides a clear route from choosing your motorcycle to making the final payment.

How does HP actually work?​

Choose your bike

Select the new or used motorcycle you want to finance.

Flexible deposit options

A deposit is typically required, although a £0 deposit may be available subject to status.

Fixed monthly payments

You make equal monthly repayments with a fixed interest rate over your chosen period, typically one to five years.

End of agreement

Once all repayments are complete:

  • You own the bike outright.

A £10 purchase fee is included within the final repayment.

What are the advantages of HP?

  • Simple and easy-to-understand finance structure.
  • Fixed monthly payments throughout the agreement.
  • No mileage restrictions.
  • Full ownership at the end of the term.

What should you consider when option for a HP?

  • Monthly payments are typically higher than PCP.
  • The agreement must be fully repaid before ownership transfers.

Can I settle my HP agreement early?

Yes. You can request an early settlement figure at any time and repay the remaining balance if you wish to end the agreement sooner.