Exploring motorcycle financing options in Canada can get a bit tricky, but getting a clear picture of what's out there really helps in making the process a lot smoother. As of February 2024, prospective motorcycle buyers have a variety of financing options at their disposal, each with distinct rates and offers based on credit tiers. Let’s explore the different lenders, current rates, and special offers to help you make an informed decision. Lender and Bank Options When financing a motorcycle in Canada, you have a few main avenues to consider: 1. Traditional Banks & Credit Unions Traditiona ..read more

Motorcycle safety is crucial to consider when traveling the vast and beautiful roads of Canada. This guide to defensive riding isn't just about rules and techniques; it's about fostering a mindset that prioritizes your safety and enjoyment on every journey for the long-term. Whether you're commuting through city streets or exploring scenic routes, these insights will equip you with the know-how to ride with confidence, alertness, and a deep sense of responsibility towards yourself and others on the road. Let's get started!   Understanding Defensive Riding Defensive riding is more than a s ..read more

When you envision the open road on your own used motorcycle, the last thing you want to fret about is locking in a decent loan rate. Unfortunately, you may end up with unrealistic goals for your motorcycle financing if you're not familiar with the factors that can affect your loan rate. While credit scores and down payments are often talked about, some significant aspects go unnoticed. Today, we're shifting gears to focus on six under-the-radar factors that influence your motorcycle loan rate:   Debt-to-Service Ratio The Total Debt Service Ratio (TDSR), or Debt-to-Service ratio, is a cruc ..read more

When it comes to purchasing a motorcycle or anything powersports and recreation, 'guaranteed financing' sounds like a lifesaver, especially for those with less-than-stellar credit. However, this seemingly attractive offer may not be as beneficial as it appears. This post delves into the reality of guaranteed motorcycle financing and discusses some common dealership scams to watch out for. What is 'Guaranteed Financing'? 'Guaranteed financing' is a term often used by dealerships to suggest that they can secure a loan for you, regardless of your credit history. In theory, it sounds appealing, p ..read more

Understanding why Canadian motorcycle loans have different interest rates than traditional auto loans requires a comprehensive look into the world of lending and finance. This post will explore the reasons behind these differences, and how they can impact your motorcycle financing journey and expectations. 1. Risk Factor Motorcycle loans are often perceived as higher risk than auto loans. Motorcycles can be easier to damage or steal and can also depreciate faster. Moreover, the chances of a motorcyclist being involved in an accident are statistically higher than that of a car driver, and the d ..read more

Whether you're planning a road trip or moving to a new city, transporting your motorcycle can be a challenge. Motorcycle safety is paramount, and proper tying down for transport is essential to avoid damage. This step-by-step guide will provide all the information you need for a safe and secure motorcycle transport. Step 1: Get the Right Equipment Acquire a suitable ramp: To strap your motorcycle down, you first need to get it into the back of your truck or trailer. Ramps are a must-have for this process. Aluminum ramps are light and easy to handle, while steel ramps can be more affordable. U ..read more

Every subculture has its unique language, and the world of motorcycling is no exception. From 'Ape Hangers' to 'Garage rot', the motorcycle lingo is as diverse and intricate as the machines and the riders themselves. But fear not, this guide is here to help you navigate these linguistic curvatures, whether you're a seasoned owner or a new rider. The Basics Bike: A universal term for a motorcycle. Biker: This can mean any motorcycle rider, but among insiders, it may often refer to a member of a motorcycle club. OEM: Short for Original Equipment Manufacturer. Refers to parts made by the motorcyc ..read more

The price tag on motorcycle insurance can often feel like a roadblock on your journey to the open road. Owning a ride already comes with a number of costs whether we're looking at motorcycle maintenance or even making payments on a motorcycle loan. But fear not, there are strategies to secure great coverage without breaking the bank. Let's get rollin! Explore Your Options An essential first step to savings is shopping around. Don't settle for the first quote you receive; instead, take some time to compare prices across multiple insurers. Ensure you're comparing apples to apples by checking the ..read more

Canada has a long-standing tradition of hosting motorcycle shows that cater to motorcycle enthusiasts from all walks of life throughout the country. These events have historically offered a platform for manufacturers to showcase their latest models, gear, and technologies. Yet, recent years have witnessed a significant decline in their popularity. What has caused this shift? Are motorcycle shows in Canada heading towards an eventual end? Let's delve into the reasons behind this trend. Changing Consumer Interests One of the primary drivers behind the decline of motorcycle shows in Canada is the ..read more

Navigating through the KIJIJI marketplace can be both exciting and nauseating, depending on your circumstance. It's a hub teeming with intriguing listings that can offer some fantastic bargains. However, there are also a number of downfalls and obstacles that one should avoid when navigating the massive index of private sale motorcycles. This comprehensive guide is designed to accompany you on your quest to buy a used motorcycle from KIJIJI. Mastering the Art of Filtering on KIJIJI KIJIJI's search options offer a variety of filters to help you locate your ideal motorcycle within a multitude of ..read more