A motorcycle BPKB loan (vehicle title loan) can be a smart solution when you need extra funds for various needs. This financing option uses a fiduciary system, meaning you can secure a loan without having to hand over your motorcycle. That way, you can keep riding it for your everyday activities.
So, which motorcycle brands qualify as collateral for a BPKB loan? Here are 10 recommended motorcycle brands you can use as a reference before applying for financing.
10 Recommended Motorcycle Brands for BPKB Loans
Every financing company has its own policy on which motorcycles qualify as collateral, including which brands are accepted. At BFI Finance, several motorcycle brands are frequently submitted as collateral and meet the requirements for a BPKB loan. Here's the list of motorcycle brands commonly used as collateral for motorcycle BPKB loans at BFI Finance:
1. Honda
Honda is one of the most frequently submitted motorcycle brands for BPKB loan collateral at BFI Finance. This Japanese manufacturer, with models like the Honda BeAT, holds a massive market share in Indonesia, has widely available spare parts, and maintains a relatively stable resale value.
Other popular Honda models include the Scoopy and Revo, known for reliable performance and eye-catching designs that keep them in high demand.
Because of this, financing companies like BFI Finance consider Honda motorcycles a liquid, low-risk asset. As a result, BPKB loan applications using a Honda motorcycle as collateral have a strong chance of approval, provided all required documents are complete and the borrower passes the eligibility assessment.
2. Yamaha
Alongside Honda, Yamaha is another hugely popular Japanese motorcycle brand in Indonesia. Models like the Yamaha NMAX and Mio are known for their fuel efficiency, durability, and consistently stable resale value.
It's no surprise this brand is among the most widely accepted by financing companies as collateral for motorcycle BPKB loans.
3. Suzuki
Next up is Suzuki, another Japanese motorcycle brand with strong demand. While its market share isn't as large as Honda's or Yamaha's, Suzuki still has a solid reputation for engine durability and parts availability. Popular models include the Satria and Shogun 125.
The better the motorcycle's condition, the higher the appraised value it can command. That's why Suzuki motorcycles typically receive a competitive appraisal and are readily accepted as collateral, as long as applicants submit complete documentation and pass the eligibility check.
4. Kawasaki
Kawasaki is known for its rugged, high-performance sport and trail bikes. Today, it's one of the most frequently submitted brands for collateral at BFI Finance.
This is largely thanks to Kawasaki's responsive engines and iconic sporty design, which continue to attract a loyal following—making it a brand financing companies are happy to accept as BPKB loan collateral.
5. Vespa
Vespa is a premium motorcycle brand with a classic design and broad market appeal. Its premium brand image makes it a favorite among financing companies, thanks to its consistently high resale value. This means that even in the event of a default, the financing company can resell the motorcycle with relative ease.
6. Benelli
Next on the list is Benelli. While not as widely known as other brands, it's still fairly commonly accepted as collateral. The appraised value for Benelli motorcycles is generally competitive, depending on the unit's condition and production year.
7. Piaggio
Piaggio shares the same parent company as Vespa—the Piaggio Group. Piaggio motorcycles are known for their elegant design and solid build quality. They're accepted as BPKB loan collateral at BFI Finance as long as the vehicle is in good condition and the documentation is complete.
8. Keeway
Keeway is a Hungarian motorcycle brand known for its stylish designs. Beyond its scooter lineup, Keeway also offers a range of big bikes (moge) that have gained a solid following. Some models offer strong performance and larger engine capacities, which can push their appraised value above that of standard scooters.
9. Bajaj
Bajaj, hailing from India, has carved out its own space in Indonesia's sport motorcycle market. While it's not as widely recognized as Yamaha or Honda, Bajaj has made a notable impact in the sport bike segment through flagship models like the Pulsar. Bajaj motorcycles are accepted as BPKB collateral at BFI Finance with a competitive appraised value.
10. Viar
Rounding out the list is Viar, a homegrown Indonesian motorcycle brand. It's best known for its three-wheeled commercial motorcycles, commonly used for business or goods distribution. Viar also offers electric and trail motorcycles that are steadily gaining recognition among Indonesian riders.
Those are the 10 recommended motorcycle brands that can be used as collateral for a motorcycle BPKB loan at BFI Finance, all offering competitive appraised values. To boost your chances of approval, make sure your motorcycle is in good condition and your ownership documents are complete.
Doing so lets you maximize your appraised value and speed up the approval process for your motorcycle BPKB financing. BFI Finance's motorcycle BPKB loan offers a flexible disbursement limit tailored to your needs—starting from Rp1 million up to 80% of your vehicle's value. Need a larger amount? Consider financing backed by a car BPKB or a house/shophouse certificate instead.
With over 40 years of experience, BFI Finance has earned its reputation as a trusted financial partner offering competitive interest rates and flexible tenors. What's more, BFI Finance is licensed and supervised by Indonesia's Financial Services Authority (OJK), giving you added peace of mind.
So don't wait—put the motorcycle you own to work and meet your financial needs, because with BFI Finance, #SelaluAdaJalan (There's Always a Way).
