Latin America Motorcycle Loan Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Latin America Motorcycle Loan Market is Segmented by Vehicle Type (two-Wheeler, Passenger Car, and Commercial Vehicle), Provider Type (banks, Nbfcs (Non-Banking Financial Services), Oem (Original Equipment Manufacturers), and Others (fintech Companies)), Percentage of Amount Sanctioned (less Than 25%, 25-50%, 51-75%, and More Than 75%), Tenure (less Than 3 Years, 3-5 Years, and More Than 5 Years), and Country (Brazil, Argentina, Colombia, and Rest of Latin America). The Report Offers Market Size and Forecasts for the Latin America Motorcycle Loan in Value (USD) for all the Above Segments.

Latin America Motorcycle Loan Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Latin America Motorcycle Loan Market Size

Latin America Motorcycle Loan Market Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 10.80 Billion
Market Size (2030) USD 15.87 Billion
CAGR (2025 - 2030) 8.00 %
Market Concentration Low

Major Players

Latin America Motorcycle Loan Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Latin America Motorcycle Loan Market Analysis

The Latin America Motorcycle Loan Market size is estimated at USD 10.80 billion in 2025, and is expected to reach USD 15.87 billion by 2030, at a CAGR of 8% during the forecast period (2025-2030).

The motorcycle loan market in Latin America grew steadily in recent years. Latin America is home to a large and diverse market for motorcycles, and the availability of financing options plays a crucial role in facilitating motorcycle purchases. Due to urbanization, a rising middle-class population, and increasing mobility needs, Latin America includes a significant demand for motorcycles. Motorcycles are often seen as affordable and efficient transportation, particularly in congested urban areas. It creates a favorable environment for the motorcycle loan market to thrive.

In recent years, there is an expansion in the availability of financing options for motorcycles in Latin America. Banks, specialized lenders, and captive financing arms of motorcycle manufacturers are actively offering loan products to meet the growing demand. It increased access to financing and contributed to motorcycle sales growth in the region. In certain countries in Latin America, governments implemented programs to promote motorcycle usage and support the industry. These programs may include incentives such as tax breaks, subsidies, or favorable regulations. Government support can positively impact the motorcycle loan market by stimulating demand and encouraging more individuals to purchase motorcycles.

The pandemic caused a decline in motorcycle sales across Latin America. Lockdown measures, restrictions on mobility, and economic uncertainty decreased consumer demand for motorcycles. This decline in sales directly affected the demand for motorcycle loans, as fewer individuals are seeking financing for their purchases.

Latin America Motorcycle Loan Industry Overview

The competitive landscape in the Latin America motorcycle loan market is dynamic and includes various financial institutions, both traditional banks and non-banking entities. Latin American motorcycle loan market lenders offer competitive interest rates to attract borrowers. The interest rates may vary depending on borrower creditworthiness, loan duration, and market conditions. Competitive rates make motorcycle loans more affordable and encourage consumers to finance their purchases rather than paying upfront. 

Some lenders in Latin America offer specialized loan programs tailored to the motorcycle market. These programs may include flexible repayment terms, low or zero-down payment options, and customized loan structures. Such specialized programs cater to the region's specific needs and preferences of motorcycle buyers. The following are some key players in the competitive landscape: Banco Santander, Banco Bradesco, Banco do Brasil, Scotiabank, and CitiBanamex.

Latin America Motorcycle Loan Market Leaders

  1. Banco Santander

  2. Banco Bradesco

  3. Banco do Brasil

  4. Scotiabank

  5. CitiBanamex

  6. *Disclaimer: Major Players sorted in no particular order
Latin America Motorcycle Loan Market Concentration
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Latin America Motorcycle Loan Market News

  • March 2023: Clave Créditos S.A., an affiliate of Latin America-focused fintech Clave, and Santander Consumer S.A., a Santander Group company, announced an agreement for Clave to digitally originate and service consumer loans in Argentina.
  • September 2022: Faurecia, company of the world's leading automotive technology group FORVIA, announces a USD 210 million loan with Latin American banks

Latin America Motorcycle Loan Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS AND INSIGHTS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Increasing Motorcycle Ownership
    • 4.2.2 Customized Loan Options
  • 4.3 Market Restraints
    • 4.3.1 Market Saturation and Competition
    • 4.3.2 Changing Mobility Preferences
  • 4.4 Insights on Various Regulatory Trends Shaping the Market
  • 4.5 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.5.1 Bargaining Power of Suppliers
    • 4.5.2 Bargaining Power of Buyers
    • 4.5.3 Threat of New Entrants
    • 4.5.4 Threat of Substitutes
    • 4.5.5 Intensity of Competitive Rivalry
  • 4.6 Insights on Impact of Technology in the Market
  • 4.7 Impact of COVID-19 on the Market

5. MARKET SEGMENTATION

  • 5.1 By Vehicle Type
    • 5.1.1 Two-Wheeler
    • 5.1.2 Passenger Car
    • 5.1.3 Commercial Vehicle
  • 5.2 By Provider Type
    • 5.2.1 Banks
    • 5.2.2 NBFCs (Non-Banking Financial Services)
    • 5.2.3 OEM (Original Equipment Manufacturer)
    • 5.2.4 Others (Fintech Companies)
  • 5.3 By Percentage of Amount Sanctioned
    • 5.3.1 Less than 25%
    • 5.3.2 25-50%
    • 5.3.3 51-75%
    • 5.3.4 More than 75%
  • 5.4 By Tenure
    • 5.4.1 Less than 3 Years
    • 5.4.2 3-5 Years
    • 5.4.3 More than 5 Years
  • 5.5 By Country
    • 5.5.1 Brazil
    • 5.5.2 Argentina
    • 5.5.3 Colombia
    • 5.5.4 Rest of Latin America

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concetration Overview
  • 6.2 Company Profiles
    • 6.2.1 Ally Financial Inc.
    • 6.2.2 Wells Fargo
    • 6.2.3 JPMorgan Chase
    • 6.2.4 Bank of American Corporation
    • 6.2.5 TD Bank
    • 6.2.6 Honda Financial Services
    • 6.2.7 Harley-Davidson Financial Services
    • 6.2.8 Kawasaki Motors Finance Corporation
    • 6.2.9 Mountain America Credit Union
    • 6.2.10 Yamaha motor finance corporation *
  • *List Not Exhaustive

7. MARKET OPPORTUNTIES AND FUTURE TRENDS

8. DISCLAIMER AND ABOUT US

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Latin America Motorcycle Loan Industry Segmentation

A motorcycle loan refers to a financial product offered by banks, credit unions, and other financial institutions to individuals or businesses seeking financing to purchase a motorcycle. It is a specific type of loan designed to help borrowers afford the cost of a motorcycle by providing funds upfront and allowing borrowers to repay the loan amount, along with any applicable interest and fees, over a specified period. 

The Latin American motorcycle loan market is segmented by vehicle type, provider type, percentage of amount sanctioned, tenure, and country. By vehicle type, the market is sub-segmented into two-wheelers, passenger cars, and commercial vehicles. By provider types, the market is sub-segmented into banks, NBFCS (non-banking financial services), OEM (original equipment manufacturers), and others (fintech companies). By percentage of amount sanctioned, the market is sub-segmented into less than 25%, 25-50%, 51-75%, and more than 75%. By tenure, the market is sub-segmented into less than 3 years, 3-5 years, and more than 5 years. By country, the market is sub-segmented into Brazil, Argentina, Colombia, and the rest of Latin America. The report offers market size and forecasts for the latin america motorcycle loan in value (USD) for all the above segments. 

By Vehicle Type Two-Wheeler
Passenger Car
Commercial Vehicle
By Provider Type Banks
NBFCs (Non-Banking Financial Services)
OEM (Original Equipment Manufacturer)
Others (Fintech Companies)
By Percentage of Amount Sanctioned Less than 25%
25-50%
51-75%
More than 75%
By Tenure Less than 3 Years
3-5 Years
More than 5 Years
By Country Brazil
Argentina
Colombia
Rest of Latin America
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Latin America Motorcycle Loan Market Research Faqs

How big is the Latin America Motorcycle Loan Market?

The Latin America Motorcycle Loan Market size is expected to reach USD 10.80 billion in 2025 and grow at a CAGR of 8% to reach USD 15.87 billion by 2030.

What is the current Latin America Motorcycle Loan Market size?

In 2025, the Latin America Motorcycle Loan Market size is expected to reach USD 10.80 billion.

Who are the key players in Latin America Motorcycle Loan Market?

Banco Santander, Banco Bradesco, Banco do Brasil, Scotiabank and CitiBanamex are the major companies operating in the Latin America Motorcycle Loan Market.

What years does this Latin America Motorcycle Loan Market cover, and what was the market size in 2024?

In 2024, the Latin America Motorcycle Loan Market size was estimated at USD 9.94 billion. The report covers the Latin America Motorcycle Loan Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Latin America Motorcycle Loan Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Latin America Motorcycle Loan Industry Report

Statistics for the 2025 Latin America Motorcycle Loan market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Latin America Motorcycle Loan analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.