Yonda Bike Finance
The Yonda Bike financing option offers low interest rates, repayment over 12 to 48 months, a low deposit of just 10% of the total cost required, and the fact that it’s backed by WesBank, a trusted name.
Established by a cyclist with a passion for the sport and the community, Yonda is currently one of South Africa’s market leaders in bicycle finance. Yonda boasts Bike Addict as part of its network of accredited dealers, a deep understanding of the bicycle industry, and nearly 30 years’ experience in this market.
WHAT CAN I FINANCE
Any New Bike, or Used Bike (max 2 years old), with a minimum value of R20 000 up to R130,000.
Finance over 12 to 48 months.
You can add any of the following
- Pedals
- Bottle cage
- Handle bars
- Tubeless conversion
- Helmet
You cannot finance the following
- Nutrition
- Shoes
- Clothes
- Sunglasses
- Bottle
- Bags
- Computers and lights
- Home trainers
- Bike Carriers
Insure with us to get customized cover and cheaper premiums. CLICK HERE FOR MORE
Steps to getting financed
You visit the dealer with your documentation to sign
the delivery receipt and collect your asset.
Required Documents
There are a few rules and regulations for obtaining finance through our partner. Make sure you meet the necessary requirements to avoid disappointment and fast track the process:
A copy of your green barcoded ID
A recent payslip or proof of other income
Proof of residential address (utility bill no more than 3 months old)
Insurance details (only required upon finalization) Click here for insurance
COMPLETE THE APPLICATION ONLINE
Complete our partner’s free, no obligation, online application.
PLEASE NOTE: This is a generic vehicle form. Please select OTHER and OTHER when asked for MAKE and MODEL.
CALCULATOR
Please note: Minimum R20 000. 10% deposit is required for new bikes. This calculator includes the bank initiation fee and Yonda's service fee of R2250. It is provided as a guideline only. Final repayments will be according to the financial institution's formal approval.