We Make It Easy
To Ride
Transform the every day into urban adventure and beyond with helpful, innovative financing options.
We have partnered with Harley-Davidson Financial Services to provide financing and insurance solutions so you can start enjoying the ride. Explore our Personal Contract Purchase (PCP) powered by HARLEY | OWN™ and Hire Purchase (HP) powered by HARLEY | PURCHASE™ financing options to find your suitable monthly payment.
Personal Contract Purchase (PCP), powered by HARLEY | OWN, is a finance plan that allows you to spread the cost of your vehicle with lower monthly repayments than a Hire Purchase (HP) product as a large proportion of the amount you repay is deferred into an optional final repayment.
You will pay more interest on a PCP agreement than a HP agreement for the same loan amount, as your balance reduces more slowly due to the optional final repayment. You will decide an initial deposit, term and how many miles you’ll travel each year.
The monthly repayment amount and the optional final repayment amount will be calculated based on the anticipated value of the vehicle at the end of the agreement.
At the end of your agreement, you have three options:
Retain - Pay the optional final repayment to own your LiveWire outright.
Return - your LiveWire, with nothing further to pay, provided within agreed mileage and in good condition (additional charges may apply).
Renew - part exchange your Livewire for another model using any equity as deposit - additional credit is subject to status.
How to Apply
Use our finance calculator to explore your options. Once you're happy with your choice you can complete our secure application. Once a decision on your application has been received, A LiveWire Guru will then contact you to discuss next steps. If you need any help please contact our team here.
FAQs
Who is the lender if I finance a LiveWire motorcycle?
Motorcycles are funded through Harley-Davidson Finance a trading style of Black Horse Ltd, part of Lloyds Banking Group.
What’s the difference between Hire Purchase (HP) and Personal Contract Purchase (PCP)?
Both HP and PCP allow you to pay for your vehicle in monthly payments over an agreed period, with a fixed rate of interest. The key difference is what happens at the end of each contract. With a HP contract, you’ll own the vehicle after making the final payment. At the end of a PCP contract, you can either hand the vehicle back to the lender, part exchange it for a new one, or pay the optional final repayment (including any purchase fee) to keep the vehicle. New finance agreements are subject to status and affordability checks. If you hand the vehicle back at the end of a PCP agreement, there may be extra charges if you go over the agreed annual mileage or if the vehicle has damage over fair wear and tear.
What is the optional final repayment on the (PCP) option?
The optional payment is a one-off payment due at the end of your (PCP) finance term, if you decide to keep the vehicle. This is sometimes referred to as the Guaranteed Future Value (GFV) and is an estimated value of how much the vehicle will be worth at the end of a finance agreement (based on your expected mileage and agreement term). The GFV is not applicable if you intend to hand the vehicle back at the end of the agreement as part of the goods return option. There’s no optional final repayment on the (HP) finance option, which is why monthly payments are usually higher than with the (PCP) option.
What does APR mean?
APR stands for Annual Percentage Rate and is the amount of interest on your total borrowed amount that you'll pay annually (averaged over the full term of the loan). APRs are typically used when comparing finance options to understand which would be the cheapest option overall.
What does the Interest Rate mean?
The interest rate is the percentage charged for the amount of credit per annum, fixed for the duration of the agreement.
Can I settle my finance early?
Yes you can. Whether you have a HP or PCP agreement, you have the right to end your agreement at any time by paying off the remaining balance in full. If you want to pay off your HP agreement early, you’ll own the vehicle outright but may need to pay an early settlement fee. You also have the right to voluntarily terminate your agreement. You will need to return the vehicle and half of the total amount payable as detailed on your agreement documentation. If you have already paid at least this amount plus any overdue repayments and have taken reasonable care of the vehicle, you will not have to pay any more. For a PCP agreement, the vehicles mileage and condition will need to be in line with your terms and conditions.
Potential fees at the end of your agreement:
- £10 Purchase fee - This is optional, but you must pay it if you want to become the owner of the vehicle. It is included in the Final Repayment.
- Excess mileage fees - Applicable on PCP only if you choose to return the vehicle at the end of your agreement instead of paying the optional final repayment. If you have exceeded the agreed mileage allowance, you will need to pay an excess mileage charge. You can avoid this by agreeing a realistic mileage at the outset.
- The vehicle must be in good condition if you wish to return it, you will be charged for any repairs outside the acceptable fair wear and tear if this is not the case. You can avoid these charges by taking good care of the vehicle.
What information is needed for a financing decision?
During your application, we'll need your personal details, financial information, employment details, address history.
Why do you need my personal details?
When you apply for finance, there will be a check on your credit profile, and we need your personal details to do this.
Will applying for finance affect my credit score?
When you apply for finance, a lender will run a 'credit check’ which leaves a mark on your credit report. Too many credit checks over a short period can affect your credit score for 12 months, which could reduce your ability to get approved for credit.
Regulated Complaints Post:
Automotive Compliance Ltd, The Factory, 44 Alfred Street, Gloucester, GL1 4DD Telephone: 01452671560 E-mail: complaints@automotive-compliance.co.uk
If we cannot resolve your complaint within 8 weeks, you may refer your dispute to the Financial Ombudsman Service. This service is free to use. Their consumer helpline is available on 0800 023 4567 or 0300 123 9123 or you can visit their website at www.financial-ombudsman.org.uk
*Harley-Davidson Finance is a trading style of Black Horse Ltd, St William House, Tresillian Terrace, Cardiff, CF10 5BH. Black Horse Ltd is authorised and regulated by the Financial Conduct Authority. Credit is subject to status and approval and is only available to UK residents aged 18 and over.
Livewire U.K. Limited is an Appointed Representative of Automotive Compliance Ltd, who is authorised and regulated by the Financial Conduct Authority (FCA No 497010). Automotive Compliance Ltd’s permissions as a Principal Firm allows Livewire U.K. Limited to act as a credit broker, not as a lender, for the introduction to a limited number of lenders and to act as an agent on behalf of the insurer for insurance distribution activities only.
An introduction to a lender does not amount to independent financial advice and we act as their agent for this introduction. Our approach is to introduce you to Harley-Davidson Finance a trading style of Black Horse Ltd, part of Lloyds Banking Group, who are usually able to offer the best available package for you, taking into account both interest rates and other contributions. Harley-Davidson Finance a trading style of Black Horse Ltd, part of Lloyds Banking Group may pay a fixed commission to us for introducing you to them, calculated by reference to the vehicle model or amount you borrow. Harley-Davidson Finance a trading style of Black Horse Ltd, part of Lloyds Banking Group may also provide preferential rates to us for the funding of our vehicle stock and also provide financial support for our training and marketing. But any such amounts they pay us will not affect the amounts you pay under your finance agreement, all of which are set by the lender concerned. If you ask us what the amount of commission is, we will tell you in good time before the Finance agreement is executed. All finance applications are subject to status, terms and conditions apply, UK residents only, 18’s or over. Guarantees may be required.