Are you planning to buy a motorcycle to travel comfortably without getting stuck in traffic? We can help you get the support you need to put this plan into action with our Motorcycle Financing.
About Motorcycle Financing
Motorcycle Financing is a support product for those who are considering purchasing a new or used vehicle. We offer financing support with terms of up to 48 months.
How to Apply for Motorcycle Financing
Anyone over 18 years of age can benefit from Motorcycle Financing. Being a Kuveyt Türk customer and having a proforma invoice documenting the sale is sufficient to apply for financing.
If you are not a Kuveyt Türk customer, you can visit our Become a Kuveyt Türk Customer page and check out the steps to become a customer.
Details on Motorcycle Financing
The attractive advantages of Motorcycle Financing are as follows:
- Financing support is available for new and used vehicles.
- You do not need a guarantor when applying for Motorcycle Financing.
- The maximum Motorcycle Financing amount and term options are calculated based on the sales value for new vehicles and the insurance value for used vehicles.
Please check the table below to find out about the financing rates and term options.
| Insurance/Sales Value | Ratio of Financing Amount to Vehicle Value | Maximum Terms (Month) |
|---|---|---|
| 0 - 400,000 TRY | 70% | 48 |
| 400,001 - 800,000 TRY | 50% | 36 |
| 800,001 - 1,200,000 TRY | 30% | 24 |
| 1,200,001 - 2,000,000 TRY | 20% | 12 |
Motorcycle Financing Sample Calculation
The details about the available financing amount, terms, and repayment plan may be complex. Feel free to look at the sample calculations for guidance.
With additional products:
| Financing Amount | Term | Monthly Profit Rate | Installment Amount | Total Expenses | Total Amount Payable |
|---|---|---|---|---|---|
| 50,000 TRY | 24 | 1.80% | 2,719.02 TRY | 350.35 TRY | 65,256.27 TRY |
Without additional products:
| Financing Amount | Term | Monthly Profit Rate | Installment Amount | Total Expenses | Total Amount Payable |
|---|---|---|---|---|---|
| 50,000 TRY | 24 | 1.83% | 2,730.43 TRY | 350.35 TRY | 65,530.32 TRY |
- Allocation fee is calculated as 0.5% of the financing amount and added to the total expenses.
- Pledge fee is 75.35 TRY and is included in the total expenses.
- If the financing is used with a three-month deferral, the profits not received within the said period are added to the first installment profit amount.
Channels to Apply for Motorcycle Financing
You can apply for Motorcycle Financing through the Kuveyt Türk Mobile wherever you are, whenever you want. You can also use the Internet Branch or visit the nearest Kuveyt Türk branch. Feel free to call Kuveyt Türk Customer Support Center at 444 0 123 to find detailed answers to your questions about financing support.
Apply for Motorcycle Financing through the Kuveyt Türk Mobile now to travel as you wish!
Frequently Asked Questions About Motorcycle Financing
What documents are required for Motorcycle Financing?
You need to submit a proforma invoice when applying.
Is there an age limit for vehicles to be eligible for Motorcycle Financing?
Financing support is available for new and used motorcycles.
What are the term and down payment rates for Motorcycle Financing?
Motorcycle Financing terms and down payment rates are the same as those applied to passenger cars.
What amount of Motorcycle Financing is available?
The financing amount and term options are calculated based on the sales value for new vehicles and the insurance value for used vehicles. Under this condition, the rates are as follows:
- 70% for motorcycles worth 400,000 TRY or less
- 50% for motorcycles worth between 400,001 and 800,000 TRY
- 30% for motorcycles worth between 800,001 and 1,200,000 TRY
- 20% for motorcycles worth between 1,200,001 and 2,000,000 TRY