If you’re a motorcycle fan and you have a spare £200 or more to spare, then you may want to consider buying a new helmet.
However, you may be tempted to skip the helmet altogether if you have the cash, or a loan, or have a pet that can’t be kept indoors.
If you’re looking for a motorcycle helmet to get you through the winter and summer months, the following is a useful guide to help you decide whether a motorcycle loan is the best option for you.
If your motorcycle loan payment is below the threshold, the loan will be considered on a case-by-case basis.
The average monthly payment for a motorcyclist’s motorcycle loan from July 2018 to July 2019 was £7.99, according to the Bank of England.
This compares with a payment of £11.95 on average for a standard motorcycle loan.
The amount you’ll pay on a loan depends on the condition of the loan.
Some lenders require you to pay a fixed monthly payment on top of the payment you received on the loan, which could mean you could end up paying even more if you’ve not been able to keep up with your payments.
In a few cases, the repayment term could be extended if you take the loan to repay some of the money you borrowed, or if you need to cover unforeseen expenses.
To find out more, see our guide to getting the best motorcycle loan for you, and see what the terms and conditions are on a standard motorbike loan.
Read more about motorcycle loan and motorcyclists.