Honda’s CBR500R is one of the models eligible for the $15,000 cash giveaway.

Riders who finance one of Honda’s new LAMS-approved 500cc series machines or a CBR250R through Honda MPE Financial Services have the chance to share in $15,000 in cash prizes.

Individual $5,000 winners will be drawn in May, June and July, making now the time to visit a Honda dealer and finance a new motorcycle.

The new 500cc trio a powered by a lightweight and compact 500cc, parallel-twin, liquid-cooled DOHC engine which focuses on high-RPM output characteristics while considering the low-to-mid RPM range that will be most frequently used by the entry user.

The new CBR500R is a fully-faired sports machine ideal for budding sports riders or those looking to scale back slightly from a larger supersports model.

Borrowing a modern European style, the naked CB500F features a distinct design, dextrous handling and low seat position, making it a solid entry-level choice for the ride around town.

The CB500X rounds out the versatile range, taking inspiration from it’s bigger brother, the 1200cc V4 Crosstourer, with an upright riding position and on and off-road practicality.

ABS comes standard on the CB500F and CB500X, and is available as an additional option on the CBR500R sports machine.

A long-time market favourite, the CBR250R is powered by a 249cc, liquid-cooled single cylinder engine, with sophisticated across the board.

Nimble handling and a broad spread of easily-accessible power mean the CBR250R is both fuel efficient and offers low operating costs.

See Honda dealers for full terms and conditions of the $15,000 cash giveaway promotion.