Try to keep the term under 48 months. Motorcycles depreciate quickly, and a long loan can result in you being "underwater" (owing more than the bike is worth) [7].
Getting a motorcycle on a loan is a great way to start riding without dropping several thousand dollars at once. Most riders go through a few specific channels to get it done: loan motorcycle
Most lenders will require you to carry full coverage insurance (collision and comprehensive) for the life of the loan, which can be significantly more expensive than basic liability [6]. Try to keep the term under 48 months
Motorcycle loans are often treated more like "luxury" or "recreational" loans rather than car loans, so APRs can be higher—usually ranging from 5% to 15% depending on your credit [5]. loan motorcycle