OK, we know most things about 2017’s bumper crop of new bikes. We even know the prices of virtually all of them, too. But, as around 50% of new bike sales are now via PCP (or Personal Contract Purchase) schemes, especially of more aspirational models, we reckoned it’d be a useful idea to do a guide to all the PCP offers and prices for 2017’s new bikes.
After all, what better way is there to know whether you can afford a new bike or not than by comparing, like for like, the most affordable ways of paying for it – which is what PCPs are.
Which is EXACTLY what we’ve done here.
PCPs, if you didn’t know already, are a relatively new way of buying a bike on finance which has spread from the car world and become hugely popular over the last five or so years. Effectively they’re a variation of hire purchase but with an emphasis on a predetermined future used value of the machine concerned. Effectively the buyer, on top of an initial deposit (usually up to 25% of the machine’s new price), makes a monthly payment over the period up to that future date. At that point, the buyer is due to pay the agreed value of the machine to buy it outright or can effectively use it as the deposit and begin a new scheme on a new bike. The advantage to the consumer is that, as they are only effectively paying for finance on the machine’s depreciation rather than its entire value, the monthly payments are far cheaper than with conventional hire purchase and so buyers can perhaps afford machines they wouldn’t be able to do otherwise.
So, for example, where a Kawasaki Z1000SX might cost around £250 per month for 36 months after an initial deposit of £2000 on conventional hire purchase, via a PCP scheme monthly payments over the same period and with the same deposit cost around HALF that at £119.
All of which makes us wonder what PCP deals are currently available for 2017's newcomers…
To ensure we’re comparing like-for-like, we’ve not only used the manufacturers’ own online calculators, we’ve also used identical parameters across the board, namely finance terms of 36 months, an initial deposit of £2000 (or as close as possible) and with an annual mileage of 5000.
We’ve also grouped bikes into different budgets, such as monthly payments of under £100 a month, under £150 a month and so on, so you get a good idea of what’s affordable for you.
Please also note, too, that some models are so new their manufacturers do not yet have PCP deals in place for them. So, for example, although there are PCP deals listed for Triumph’s new Street Cup, Ducati’s new Multistrada 950 and Honda’s new CBR1000RR, they are NOT yet available for Triumph’s new Street Triple 765, Honda’s Fireblade SP or Yamaha’s upcoming MT-10SP, although they are expected to become available in due course.
Finally, it’s also worth pointing out that the biggest variable between all these deals is, usually, APR, or the rate of interest charged as this can significantly affect the amount you pay overall. It’s worth noting, for instance, that some manufacturers are currently offering finance with an APR as low as 5%. Others, however, are as high as 12.9%. All APRs are quoted and all rates were correct as of 14.2.17.
This might be our cheapest or most affordable category but you might be surprised what you can afford. Assuming you can afford the £2000 deposit (or, in some cases, a trade-in of equivalent value), you can ride away with some impressive machinery.
Cheapest of the bunch is Kawasaki’s new replacement for its popular ER-6n twin cylinder roadster, the Kawasaki Z650 (pictured top) which we tested recently against its competition, which can be had for monthly payments of just £50.69. But also within this price band can be found Ducati’s new entry-level version of its enduringly popular roadster. The Ducati Monster 797 (above) can be had for just £75.55 per month. Finally, Britain’s own Triumph has a bikes that falls into this price band as well. The Triumph Street Twin is available for just £82.32 per month.
A slightly larger monthly budget unsurprisingly gets you within reach of slightly larger and more sophisticated bikes – and most of 2017’s new offerings are truly impressive. First up, Suzuki’s revised, updated and improved all-round version of its intermediate roadster, the GSX-S750, is available for monthly payments of just £86.16 assuming the same conditions as before) while the similarly updated triple, the stonking Yamaha MT-09, which for 2017 has a new face, new rear end and other improvements, can be had for £98.76 a month. In addition, there is not one but two new versions of Triumph’s fabulous Bonneville retro roadster available in this price band. The slightly smaller, softer 900cc Triumph Bonneville T100 can be had for £87.68 via Triumph’s own PCP scheme while the Triumph Street Cup, which is effectively a 900cc version of the best selling Thruxton café racer, is £98.88 per month.
Finally, it’s also worth mentioning that KTM is currently doing a tempting PCP deal for its riotous KTM 1290 Super Duke R super naked, which can be had for monthly payments of £99.74 although you should note that this is under different terms, namely a hefty initial deposit of £5599.
This is more like it! If your budget stretches this far you’re getting within reach of some of the sauciest bikes of 2017. Manufacturers consider this price band one of the one competitive and valuable of all and so pull out the stops to have machines that are attractive within it. A classic example of this is arguably the most attractive variant of the so-called ‘Scrambler’ yet – the new Ducati Scrambler ‘Desert Sled’ (pictured above), a retro, trail-styled version of its entry-level V-twin that reminds more than a little of Yamaha’s classic XT500. At a monthly PCP rate of £106.49, the Italian newcomer is very tempting indeed.
But it’s not the only one. The updated version of the best-selling Kawasaki Z1000SX can be had for monthly payments of just £119.26 while another of the most eagerly awaited Ducatis of 2017, the new, junior Ducati Multistrada 950 can be had for monthly payments of £129.16.
Finally, in a similar vein to the KTM deal mentioned above, Honda has also launched a special PCP deal for the base version of its all-new Blade. The new Honda CBR1000RR can be had for PCP payments of just £119, although, again, this is on a different basis to the rest of the deals here and requires a deposit of £3443.66 (with Honda themselves contributing a further £750).
Fancied one of BMW’s fabulous retro-style R NineT roadsters but didn’t think you could afford it? Maybe now you can. Two new budget variants are being offered for 2017 and via BMW’s own PCP scheme look temptingly affordable.
The new BMW R NineT Pure, which is the very base version, can be had for £131.20 a month while the slightly posher, half-faired café racer version, the new BMW NineT Racer (pictured), is available for monthly payments of £146.70.
There’s plenty of other stylish new bikes to tempt you in this price band, though. Arguably the best version of Harley’s Sportster in years, the fine-handling and, again, café-racer styled Harley-Davidson Roadster can be had for PCP payments on the basis of the same £2000 deposit of £137.26 monthly. While Italian legends Ducati have a couple of newcomers to tempt in this band as well. The just-launched base version of it’s new all-rounder, the Ducati Supersport, can be had for monthly payments of £140.42 while its bigger roadster, the Ducati Monster 1200, can be had for £145.74 a month.
Finally, in our top price band, you might expect some of the best and most alluring motorcycles of 2017 and you’d be right – and yet, via PCP, many, if not all, are perhaps surprisingly affordable as well.
The higher spec, Ohlins suspension-equipped version of the new Supersport, the Ducati Supersport S, can be had for monthly payments of £155.92 with the same condition as before. Suzuki’s new range-topping superbike and Fireblade rival, the base version of the Suzuki GSX-R1000 (above), can be had for a tempting £179.11 per month while H-D’s global best-selling ‘bagger’, complete with new ‘Milwaukee Eight’ engine for 2017, the Harley-Davidson Street Glide Special, can be yours for monthly PCP payments of £330.93.
And if that’s too ‘American’ for you, how about the recent Moto Guzzi MGX-21 which can be had for a similar £361.51 a month. And if all THAT is still not enough, Harley’s top-of-the-range full-dresser, the Harley-Davidson ElectraGlide Ultra Limited, which, like the Street Glide, is now powered by the new ‘Milwaukee-Eight’ engine, is available for monthly PCP payments of £364.47 for the biker for whom too much is never enough!
NB Manufacturer PCP deals for the following 2017 machines were NOT available online at the time of writing.
BMW: R1200GS Rallye and G310GS.
Ducati: Scrambler Café Racer and Monster 1200 S
Honda: CBR1000RR SP and CBR1000RR SP2
Kawasaki: Versys X-300, Ninja 650 and Z900
Moto Guzzi: V7 III
Suzuki: GSX-R1000R, GSX250R, V-Strom 250, GSX-S125 and GSX-R125
Triumph: Street Triple 765, Bonneville Bobber and Street Scrambler
Yamaha: XSR900 Abarth, SCR950, MT-10SP, YZF-R6 and new TMAX
R NineT Pure
Cash price £9990
36 x £131.20
Optional final payment £5303.99
Total amount payable £12,025.19
R NineT Racer
Cash price £10,775
36 x £146.70
Optional final payment £5719.20
Total amount payable £12,998.40
Scrambler Desert Sled
Cash price £9395 (£9495 white)
36 x £106.49
Optional final payment £4795.00
Total amount payable £10,628.64
Cash price £11,132 (red)
36 x £129.16
Optional final payment £5910.00
Total amount payable £12,558.76
Cash price £8032 (red)
36 x £75.55
Optional final payment £4272.00
Total amount payable £8992.00
Cash price £11,632 (red)
36 x £145.74
Optional final payment £5533.00
Total amount payable £12,780.64
Cash price £11,632
36 x £140.42
Optional final payment £6034.00
Total amount payable £13,095.12
Cash price £12,932
36 x £155.92
Optional final payment £6987.00
Total amount payable £14,605.12
Cash price £9945 (black)
36 x £137.26
Optional final payment £5559.00
Total amount payable £12,500.36
Street Glide Special
Cash price £20,695 (black)
36 x £330.93
Optional final payment £11,690.00
Total amount payable £25,603.48
Cash price £23,245 (black)
36 x £364.47
Optional final payment £13,776.00
Total amount payable £28,896.92
Cash price £15,225
Deposit £3,443.66 (+ £750 Honda contrib)
36 x £119
Optional final payment £8,466.90
Total amount payable £16,944.56
Cash price £6099
36 x £50.69
Optional final payment £3059.00
Total amount payable £6883.84
Cash price £10,136
36 x £119.26
Optional final payment £5013.00
Total amount payable £11,306.36
1290 Super Duke R
Cash price £13,999
36 x £99.74
Optional final payment £7070.94
Total amount payable £16,260.58
Cash price £19,999
36 x £361.51
Optional final payment £8829.00
Total amount payable £23,843.36
Cash price £13,386
36 x £179.11
Optional final payment £7437.00
Total amount payable £15,884.96
Cash price £7736
36 x £86.16
Optional final payment £3914.00
Total amount payable £9015.76
Cash price £8300
36 x £87.68
Optional final payment £4746.00
Total amount payable £9911.48
Cash price £8600
36 x £98.88
Optional final payment £4686.00
Total amount payable £10,249.68
Cash price £7500
36 x £82.32
Optional final payment £3906.00
Total amount payable £8874.52
Updated MT-09 ABS
Cash price £7799
36 x £98.76
Optional final payment £3767.00
Total amount payable £9322.36