True Cost of Buying A Used Motorcycle and Motorcycling Hobby, Used C50 As A 1st Bike - Page 3 - Suzuki Volusia Forums : Intruder Volusia and Boulevard Forum
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post #21 of 24 (permalink) Old 12-21-2018, 10:01 AM Thread Starter
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Two weeks ago I bought my former neighbors 2006 C50T for $1000 dollars. I didn't want to but could not resist the price. He had it at his shore house that he just sold. He didn't want to take it to north Jersey. It had 5118 miles on it when I got it. I know I have to get new tires but will wait till spring (unheated garage). I changed the oil and filter and have been riding up the island a few times. It has Corbra bars, nice pegs and stock bags and windshield. Right now I'm at a total $1212. ( Sales tax, Transfer, Plates, Insurance, oil and filter) The garage is a little jammed up with 4 bikes.
That is a nice buy, considering the millage. From my personal experience, low millage on an older bike can be a both a blessing as well as a huge headache.

P.S. Four bikes, where do I store my next MC - such a first world problem

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post #22 of 24 (permalink) Old 03-20-2019, 11:21 AM
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Originally Posted by Chedell View Post
Two weeks ago I bought my former neighbors 2006 C50T for $1000 dollars. I didn't want to but could not resist the price. He had it at his shore house that he just sold. He didn't want to take it to north Jersey. It had 5118 miles on it when I got it. I know I have to get new tires but will wait till spring (unheated garage). I changed the oil and filter and have been riding up the island a few times. It has Corbra bars, nice pegs and stock bags and windshield. Right now I'm at a total $1212. ( Sales tax, Transfer, Plates, Insurance, oil and filter) The garage is a little jammed up with 4 bikes.
You didn't buy a bike. You stole it.

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post #23 of 24 (permalink) Old 03-20-2019, 06:00 PM
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I'm not convinced on that. The vehicle may be cheaper, but there are plenty of cars that get motorcycle level fuel economy these days, so I think the fuel savings aren't nearly as much as people think they are. Cheaper tolls might apply, that just depends on where you live. We've got a number of toll roads around here, and some of them are free for motorcycles to use, but there are some that charge for motorcycles.

As for maintenance, I'm not convinced on that one either. First, in my experience the cost of taking the vehicle somewhere to have maintenance done if you can't do it yourself is significantly higher for motorcycles. There is far less competition in that market, so the labor rate is much higher. I get oil changes on my car for $35 at the dealership and could probably get that down to $25 if I searched around. I got stupid and took a motorcycle into a shop for an oil change one time and it cost me nearly $200 for that lesson.

Second, from a parts standpoint, although the bike has less oil in it, resulting in cheaper oil changes, I find the biggest maintenance cost to be keeping tires on a vehicle. I can get tires for my car at around $100 each, including mounting and balancing; I just roll into the dealership and roll back out an hour or so later with new tires. By contrast, motorcycle tires seem to run around $100 each for the cheaper tires, and that's just the tire. If I want to save money, I have to take the tire off and take it to the shop to have them swap the rubber, which will cost me around $25 per tire. I'm now at around $250 for motorcycle tires vs $400 for car tires. Seems like I saved a lot of money, right? Wait just a minute. Motorcycle tires seem to get maybe about 5-6k miles. If you drive really conservatively and get hard tires that will corner like crud, you might get 10k out of them. By contrast, I can get 30k miles out of a set of car tires while driving like Dale Jr and I know people who regularly get 60k miles out of a set of tires. Let's do the math on the tires and equal them out:

Motorcycle - 10,000 miles for $250
Car - 60,000 miles for $400
Motorcycle - 60,000 miles for $1,500

That's just tires. I haven't gotten into the cost or replacing clutches on the motorcycle vs the fact that my car's CVT has 160k on it and hasn't even needed any maintenance done to it.

Oh yeah, one more thing is insurance. Yes, motorcycles are cheaper, but usually, people aren't getting what they need. One reason they're far cheaper is that insurance companies list them as recreational vehicles and expect that they will only be operated on the weekends for a few months out of the year. If you're going to use your motorcycle for regular transportation, you should tell your insurance company that and expect that your rate will immediately double. If you don't, you'll most likely be fine, but if an adjuster figures out that you've been using it for primary transportation and not as a recreational vehicle, they could nullify your policy and refuse a claim when you need it most. Granted, even at double the cost, my motorcycle insurance would still be hundreds less than my car, but that is something to consider.

Sorry but from the numbers I've run, cars are far more economical than people think they are and motorcycles cost a lot more than people seem to believe. Your mileage may vary, of course, but I wouldn't encourage anyone to go for a motorcycle just to save money. They are cool though, and that is worth something.
Good grief I wish I could get tires for my Harley that cheap! 250 for the rear and 120.00 - 150.00 for the front before mounting.

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post #24 of 24 (permalink) Old 03-20-2019, 07:20 PM
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Good grief I wish I could get tires for my Harley that cheap! 250 for the rear and 120.00 - 150.00 for the front before mounting.
That was the cheapest I could find... and it was in my Suzuki, not a Harley.

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