Bike Finance

 

HOW DOES IT WORK

Low interest 
rates

12 TO 48 
Months

10%
Deposit

Backed by
WesBank

Yonda Bike Finance was not born in some bank’s boardroom, but out of the founders’ love for riding bicycles and the desire to grown the cycling community.
Today Yonda is the market leader in Bicycle Finance in South Africa with a network of 180 accredited dealers nationwide and intense knowledge of the bicycle industry, since we have been riding bikes ourselves for 25 years.
Partnered with major SA banks, we are able to offer the best interest rates and lowest repayments in SA.

 

What can you finance?

  • any new road bike, mtb or e-bike. 

  • any used bike (max 2 years old)

  • minimum value of R20 000.

You may only add the following accessories:

  • Pedals

  • Handlebars

  • Helmet

  • Bottle Cage

Finance only available to private individuals, not companies

Insurance on your bicycle is a mandatory requirement by WesBank.

You can finance any value bicycle, but the maximum principal debt amount is R130000. IE, a R150000 bicycle requires a R20000 deposit.

To see what documents you require, click HERE

More questions? CLICK HERE for the steps to getting finance, or see our FAQ's HERE

This calculator includes the bank's R1207.50 once-off initiation fee and Yonda's once-off service fee of R2350. It is not a formal quote. Final repayments will be according to WesBank's formal approval