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Finance and Insurance
  Flexible
Funding Options
As a company dedicated not just to motorcycles, but
riders as well we have teamed up with Black Horse
Finance to bring you superb offers o insurance. Registered
with the FSA you can also rest assured we'll arrange
insurance for your needs and your personal style of
biking.
The Black Horse product range includes:
- Finance
- Personal Loans (Bikerloan)
- GAP Insurance
- Payment Protection
Please call us on 028 9024 1436 for further information
and the full list of products available to you. Our
fully qualified business manager can assess your needs
and advise you on prodcut that's right for you.
We offer competitive rates, affordable payments and
flexible deposits which is why Black Horse makes your
new purchase simple and rewarding.
Have a Look at the Benefits of Financing
Your Purchase:
- Quick - come in and see us to get a decision
while you wait
- Easy - there are no forms to fill in and we don't
need to know your salary or monthly outgoings
- Affordable - Black Horse offers affordable competitive
rates and regular repayments to suit your budget
- Credit Insurance is available
- Backing - of a national financial institution
- Borrow - any amount from just £400
- Spread it out - spread your repayments over 1-5
years
- Fixed payments - fixed repayments for the life
of your loan
Buying your dream motorcyle is a fantastic experience
and getting the right model is crucial which is why
deciding on finance is just as important.
Black Horse has a range of finance options to suit
you. To help you make the right choice we have listed
a few questions to ask yourself before choosing the
best payment option that suits you:
How much can I afford?
The larger your deposit the less you'll need
to borrow but do remember to budget for accessories
and clothing.
How much will my regular repayments
be?
This depends on the size of your deposit and how long
your loan is to last.
Is payment protection important?
Absolutely. Payment protection adds reassurance against
unforeseen circumstances including involuntary unemployment,
accident or sickness.
Personal Contract Purchase
Personal contract Purchase is an excellent way of
financing for many reasons. With a minimum deposit
of 5%, which can be made up of either a cash deposit
of part exchange, you can pay a low monthly rental
and at the end of the term you have three different
options:
Option 1
Part exchange your motorcycle and if the value of
the motorcycle exceeds that of the MGFV (money outstanding)
the remainder can be used as a deposit on your next
bike.
Option 2
Purchase the motorcycle outright by paying the final
payment, which is the equivalent to the MGFV which
was set with Black Horse at the outset of the agreement.
Alternatively the plan could be rescheduled for a
further 12 months.
Option 3
Return your motorcycle to us and provided the machine
is in reasonable condition, owe nothing.
BIKERLOAN
Bikerloan is a personal loan product from Black Horse
Motor Finance. Black Horse is part of the Lloyds TSB
Group.
With Bikerloan you can borrow from £1000 to
£25000. Your interest rate will vary according
to how much you borrow and you will have the option
to spread your repayments over a 12 or 60 month period.
There are no hidden fees to pay either. Our business
manager is specially trained to provide you with any
additional details you may need about Bikeloan so
please don't hesitate to ask.
Payment Protection Plan
| Would my cover apply if? |
Gold |
Silver |
Bronze |
| I am made redundant |
Yes |
No |
No |
| I quit my job |
No |
No |
No |
| I suffer an accident that prevents me from working |
Yes |
Yes |
No |
| I am ill and unable to work |
Yes |
Yes |
No |
| I am diagnosed as having a specified critical
illness |
No |
No |
Yes |
| I die during the agreement |
Yes |
Yes |
Yes |
All claims are subject to terms and conditions of
relevant policy.
Retail Price Protection
Did you know that if your new motorcycle was written
off as a result of an accident, fire or theft, your
insurance company would only pay out the current market
value of your bike, NOT what you actually
paid for it!
For example: A motorcycle costing £6995 was
written off after 12 months. The current market value
is £5250. This would mean you would lose £1745
from the invoice price.
Should you have finance on this bike, you would find
that the amount paid out by the insurance company
wouldn't be enough to pay off what you owe on the
finance!
This is where Retail Price Protection can help you.
It is designed to protect you during the term of your
Black Horse Motorcycle Finance credit agreement.
Please note that if you only have third party fire
and theft insurance, you are unable to claim if your
motorcycle is written off due to an accident that
is your fault.
The Benefits:
If your motorcycle is classified as a write off by
your insurer, Black Horse Retail Price Protection
will pay the difference between the insured value
of your motorcycle and the invoice price of your bike.
The insured value is the amount paid by the insurer
or the market value of the motorcycle as determined
by Glass's guide or whichever is the greater
Cover is up to a maximum of £7,000.
Cover is available for a maximum period of 3 years.
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