Powersport Financing

Dirt Bike Financing

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Powersport Financing is your #1 choice for Dirt Bike financing & bad credit Dirt Bike loans due to our seamless application process and dedicated financing specialists. We offer competitive rates and flexible repayment terms, making Dirt Bike ownership affordable.

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How Does Dirt Bike Financing Work?

Bad Credit Dirt Bike Loans easy as 1,2,3

1. Application

Get approved for a dirt bike from your phone

2. Choose Dirt Bike

Choose to buy from a private seller or from a dealer

3. Enjoy Your Dirt Bike

The Fun part!

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Estimate Your Dirt Bike Financing Payments

Find out your estimated loan payments before starting by using our dirt bike loan calculator

Dirt Bike Financing Anywhere

Choose to apply online or come in to to an application

Fast Approval Process

In a couple hours we can have you approved for a Loan

Trusted by Thousands

We have helped thousands of Canadians get approved for their dirt bike loan

Safe & Secure Application

With industry standard privacy controls your information is safe with us

Bad Credit Dirt Bike Loans

At Powersport Financing we have a team of bad credit specialists standing by to not only get you approved for a dirt bike loan but to make sure we get you the Dirt Bike of your dreams!

Dirt Bike Financing Q&A

The best way to finance a dirt bike in Canada is to get a loan from a bank, credit union, or finance company. Many motorcycle and powersports dealers also offer in-house financing. Look for low interest rates and flexible terms when financing your dirt bike. Make sure to get pre-approved before visiting the dealership so you know how much you can spend.

Most lenders will approve dirt bike loans for borrowers with credit scores of 650 or higher. The better your credit score, the lower interest rate you can qualify for. If your score is below 650, you may need to explore options like getting a co-signer with better credit or making a larger down payment. Build your credit and aim for a score over 700 to get the best rates.

If you have bad credit, look into lenders that specialize in financing for borrowers with poor credit histories. Subprime lenders are more likely to approve applicants with low credit scores, but interest rates are higher. You may also need to put down at least 20% as a down payment. Ask dealerships if they work with subprime lenders or explore options like personal loans from online lenders.

The typical down payment for financing a dirt bike in Canada is 10-20% of the purchase price. Putting down more money reduces the amount you have to borrow and lowers your monthly payments. For very expensive bikes, some lenders may require a minimum down payment of 25-30%. Having good credit scores makes it easier to qualify for low down payment financing.

Getting a bad credit dirt bike loan in Canada is possible despite a poor credit score. Many lenders specialize in financing dirt bikes, ATVs, and other powersports vehicles for borrowers with less-than-perfect credit. Options include working with subprime lenders that offer higher interest rates, finding a cosigner with good credit, providing a larger down payment, or looking at private party sellers that may offer their own financing terms. Review your credit report for errors, pay down debts to improve your score, and compare rates from multiple lenders to find the best bad credit dirt bike loan for your situation.

When applying for dirt bike financing, you’ll need to provide proof of income, government-issued ID, proof of address, information about the bike you want to purchase, and your down payment amount. If self-employed, you may need to provide financial statements. Have pay stubs, tax returns, and bank statements ready to help expedite the application process.

There are pros and cons to personal loans versus dirt bike financing in Canada:


Personal Loans:

– Pros: Lower rates, predictable fixed payments, can use funds for anything.

– Cons: Large lump sum not ideal for buying a dirt bike, may need collateral.


Dirt Bike Financing:

– Pros: Allows you to spread out payments, includes insurance, down payment often lower.

– Cons: Rates can be higher, limited to purchasing a dirt bike only.


Important considerations include your budget, purchase amount, credit score and income. Personal loans offer flexibility but dirt bike financing results in lower monthly costs. Weigh the options to pick the best financial product for your needs.

0% financing deals are occasionally offered by manufacturers or dealerships to incentivize sales. This allows you to finance the bike for a set time period, usually 24-36 months, with no interest charged. You just pay the principal loan amount. Deals vary so read terms carefully – there are sometimes fees baked into the 0% offer. Check for current promotions.

Interest rates for dirt bike loans typically range from 5% to 15% in Canada. With excellent credit (720+ scores), you can qualify for rates around 5-7%. Average credit scores in the high 600s will get interest rates from 8-12%. Borrowers with poor credit should expect higher interest from subprime lenders, often 12-15% or more. Shop around for the best rates.

Yes, getting pre-approved before visiting dealerships is highly recommended. Pre-approval locks in an interest rate and lets you know the loan amount you qualify for. With a pre-approval letter in hand, you can negotiate the final price and focus on the bike you want, not whether you’ll get approved. The pre-approval process is quick and doesn’t obligate you to accept the loan.

The easiest way to get approved for a dirt bike loan with bad credit in Canada is to:


Improve your credit score – Pay down debts, correct errors on your credit report, and lower credit utilization. Scores above 600 will have the best approval odds.

Get a cosigner with good credit – Their positive credit record can help offset your poor score when applying together.

Provide a large down payment – Lenders are more likely to approve a loan with bad credit if you put 20% or more down.

Apply with a subprime lender – Specialized lenders provide higher-interest loans to borrowers with credit challenges.

Use collateral for a secured loan – Putting up an asset like a car title can help you get approved for a dirt bike with bad credit.

Show steady income – Lenders want to see you can afford the loan, so provide recent pay stubs and tax returns.

The best rates are typically offered by banks and credit unions. National banks like RBC, TD, Scotiabank, and CIBC often have competitive rates, as do major credit unions. Online lenders like Lendcare and Powersports Finance also offer national financing with low rates. Compare options to find the lowest rate for your credit profile and down payment.

Longer loan terms of 48-72 months mean lower monthly payments but higher interest costs over the life of the loan. Shorter 24-36 month terms have higher monthly payments but you pay off the loan faster and less interest. Evaluate your budget to strike the right balance between affordable payments and total interest paid. Avoid very long 84+ month loans.

Paying cash allows you to avoid interest costs but requires having the full amount on-hand to purchase the bike outright. Financing spreads payments over time but adds interest fees. If you have the cash, buying outright may be the cheapest option long-term. But if you need to finance, make sure to get the best rate and shop within your budget.

Read the fine print carefully to avoid hidden fees. Some common ones include documentation fees, title fees, lien fees, registration fees, disposition fees, and prepayment penalties. Ask the lender to fully disclose all fees in writing. Negotiate to have dealership fees waived or capped. Avoid loans with prepayment penalties if you may pay off early.

Yes, financing is readily available for both new and used dirt bikes from dealerships, banks, credit unions, and specialty lenders. Used bike interest rates are typically 1-3% higher than new due to the added risk. Have the bike inspected before financing to ensure there are no hidden mechanical issues. Look for flexible used dirt bike financing.

Fix any mechanical issues, change fluids, replace worn tires, and resolve problems to maximize your bike’s value when applying for financing. Lenders will factor the bike’s condition into the loan amount, so top performance means more financing. Provide maintenance records showing a history of proper care. A well-maintained bike gets better rates.

For a $10,000 dirt bike loan, you’ll generally need a minimum credit score around 650-700 and a 10-20% down payment. With great credit (720+ score) and 20% down, you can get competitive rates from most lenders. Those with lower scores or down payments should expect higher rates and may need to explore subprime lending options.

New dirt bikes have the latest tech, full warranties, no wear and tear, and often lower interest rates. But they depreciate quickly and are more expensive. Used bikes are cheaper and may still have some warranty coverage left. But they require more maintenance and may have hidden issues. Weigh options carefully based on your budget and riding needs.

Some top dirt bikes to consider financing even with bad credit include:


Honda CRF250F – Extremely reliable and holds value well, making it ideal for financing.

Yamaha TT-R230 – One of the most affordable options, keeps payments low.

Kawasaki KLX140 – Another budget-friendly small displacement bike perfect for financing.

Suzuki DR-Z125 – Fun beginner model that’s very cheap to insure.

KTM 50 SX Mini – Kids dirt bike with low seat height, perfect for younger riders.

Husqvarna TC 50 – Top kids bike with automatic clutch and transmission making it easy to operate.

Beta Alp 4.0 – Quality youth dirt bike available at reasonable price point.


Focus on cheaper, low displacement bikes from Japanese brands that hold value and require less insurance coverage.

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