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Home | Frugal living | Is Buying an Expensive Motorbike Worth the Investment

Is Buying an Expensive Motorbike Worth the Investment

Frugal living

Is Buying an Expensive Motorbike Worth the Investment?

Many consumers dream of heading out on the open road for rides whenever they want on an amazing, top-of-the-line motorcycle. That goes for both new riders and veteran riders alike. Is buying an expensive motorbike really worth the investment, though? The answer is: it depends. Read on to find out why.

Beginners Shouldn’t Buy Expensive Bikes

Never ridden a motorcycle before? It’s probably not wise to buy the most expensive and powerful Harley on the market. Buying a cheaper beginner bike with less power and fewer features will give newcomers to riding some time to get their feet under them and learn the ropes before making a major investment in a powerful bike. If someone who’s never ridden a motorcycle in his or her life jumps on an expensive, overpowered bike, chances are he or she isn’t going to get far before damaging the investment.

Those who have already been riding for a while can ignore this advice, especially if they already know exactly what they want in a new motorcycle. If veteran riders have the money and are committed to caring for an expensive bike, there’s no compelling reason not to go this route since a high-end motorcycle should provide a decent return on investment if they need to sell. Both newcomers to riding and veteran motorcycle enthusiasts can take a look at cleanharleys.com/vehicles to find bikes that will fit their budgets.

Is Buying an Expensive Motorbike Worth the Investment

Maintaining a High-End Bike Takes Work

Before investing in any bike, riders should check to see how much it will cost to buy replacement parts and should learn what they can about motorcycle maintenance. Older, classic bikes that aren’t in production anymore will cost more to maintain and repair since it will be harder to find parts. A classic bike will provide an excellent return on investment if riders take care of it and are willing to invest the extra time and money into maintenance and repairs, but it will be a money pit if they don’t take extra precautions. Those who buy new high-end bikes don’t have to worry as much about this problem, although they should note that the value of their motorcycles may depreciate somewhat over time.

Take Other Expenses Into Account

Buying an expensive bike typically also means paying more for insurance, routine maintenance, gear, and accessories. That’s not a problem for riders who have money to burn, but it’s an important consideration for riders who are about to drop their life savings on a nice bike. There will be additional expenses on top of the bike itself, and no matter how careful riders are, there’s always a chance that they’ll get into an accident, so a good insurance policy is a must.

Buying Used Can Get Riders Better Deals

Want a nice bike, but don’t have a small fortune in expendable cash? It’s often possible to find used high-end motorcycles in decent shape for less, especially if they’re recent models from lines that are still in production. Buying used offers riders a great middle-ground between getting the bikes they want and saving their hard-earned cash.

The Bottom Line

Riding any motorcycle is fun, but most riders don’t feel like spending their entire life savings on a nice bike is really worth the money. For those who have the money to spare, it might be a good investment, but for others, a used high-end bike or a new mid-level bike might be a better bet.

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June 25, 2020 · Leave a Comment

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