Finance Your
LiveWire Electric
Motorcycle

Motorcycles are funded through Harley-Davidson Finance a trading style of Black Horse Ltd, part of Lloyds Banking Group.

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. 

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. 

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.

The interest rate is the percentage charged for the amount of credit per annum, fixed for the duration of the agreement.

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.

• £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.

During your application, we'll need your personal details, financial information, employment details, address history.

When you apply for finance, there will be a check on your credit profile, and we need your personal details to do this.

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.