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SuzukiSavage.com
/cgi-bin/YaBB.pl General Category >> The Cafe >> Buy a Motorcycle and Double Your Money /cgi-bin/YaBB.pl?num=1344523764 Message started by Blinky on 08/09/12 at 07:49:23 |
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Title: Buy a Motorcycle and Double Your Money Post by Blinky on 08/09/12 at 07:49:23 Well, the title is a little misleading but I have your attention. In February I turned 62 and I decided I needed a new challenge, both mental and physical so I chose to buy and learn to ride a motorcycle. Intelligence and good judgement is a leaf that sprouts only now and then on my family tree so those that know me were not surprised. They just pat me gently on the head (helmet?) and tell me to be careful as I play in the traffic. Anyway, it has been six months now since I bought the bike and I thought it would be intersting to add up everything I have spent so far to see what it really takes to get started. Several folks have told me I got a great deal on the bike but the math shows that was only half the expense. The list below does not include fuel so I have more than doubled the price I paid for the bike in only six months. If I had kept the $3,000 I have spent so far, I could borrow a line from Major Kong, the B-52 pilot played by Slim Pickens in Dr. Strangelove, "Shoot, a fella' could have a pretty good weekend in Vegas with all that stuff." I have no doubt that there are some out there that, due to major mechanical failure or planned major upgrades and modifications have exceeded the cost of the bike by three, four, or maybe five times in the first six months of ownership. This was an an attempt just to see what I spent to get started but let's hear all the details of your "investment". http://farm8.staticflickr.com/7251/7746379102_6e38064fd7_b.jpg |
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Title: Re: Buy a Motorcycle and Double Your Money Post by Jimmer on 08/09/12 at 08:01:04 Your statements rings true, but where else would you have had such a good time. Not only that, look at all the great people you've met and all the advise,education,and enjoyment you have had and will have from the THUMPER gang. |
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Title: Re: Buy a Motorcycle and Double Your Money Post by youzguyz on 08/09/12 at 08:07:58 Yeah gramps (I'm 57, I can say that), you could have saved that $3000 and done what? Give it to the grand kids? How much are the smiles and chewing wind worth? Yep, it's an expensive hobby. People always telling me how much money I am saving on gas by riding a motorcycle. OK, I ride to work each day.. and that is 50 miles a week. Then I hop on the motorcycle and go joy riding all day saturday and sunday, which usually comes to around 400 miles or more. Oh yea.. save money on that gas!! ;D It's a hobby and joy. Ain't suppose to be free. Need a bigger shock, buy a boat. |
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Title: Re: Buy a Motorcycle and Double Your Money Post by thumperclone on 08/09/12 at 08:40:37 dont buy a boat |
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Title: Re: Buy a Motorcycle and Double Your Money Post by tizzyfit on 08/09/12 at 09:28:55 Granted, you've spent $3,000+. Now then, if you sold the bike and all the related equipment and subtracted that from the $3,000, what would be the net expenditure? Further, your getting 50+ MPG per your fuely indicator, what would you have spend, covering the same number of miles, driving your regular car/truck? I think you will find, your net out of pocket expense really isn't all that high, particularly if you factor in the pure enjoyment factor of riding your Suzuki vs. your car/truck or public transportation. |
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Title: Re: Buy a Motorcycle and Double Your Money Post by Bubba on 08/09/12 at 09:51:21 funny this came up...I was calculating the fuel I've spent since I bought my bike (I've put almost 7k on it)...I've put roughly 500 bucks in gas in it since I bought it what? 2 1/2 years ago... anyway the bike cost me 1900, jacket was a gift installed veryslavy and new pipe and tires and flyscreen so I'm thinkin I got around 2500 total invested in the bike not including gas. As an example a few years back we bought a Isuzu Trooper as our family car...6 months in the tranny goes...that alone was 2200 bucks and it really isn't as much fun as the bike...plus it gets 15mpg and the bike averages 50-60 depending... everything costs money but I think the bike was a bargain...I have friends w/ harleys that cost more than all my vehicles combined and they barely ride 'em...just saying I think the 650 has been one of the best purchases I ever made except when I bought a used savage for 500, put 200 into it and sold it for 1500... 8-) |
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Title: Re: Buy a Motorcycle and Double Your Money Post by Dave on 08/09/12 at 10:09:15 It is part of the "Cost of Living".........This is how I want to live, and this is what it costs! Seriously.....the only way to "save" money by owning a motorcycle is to sell the car first. The motorcycle will always be an additional expense when you factor in the real cost of ownership. Sure it will save some wear and tear on your car, make the car last a little longer, perhaps reduce the maintenance costs of the car - but the bike brings additional expense for maintenance, taxes, tires, insurance, and the purchase price. If you buy used at a good price, avoid the temptation to customize and bling your bike, and shop around to get good prices on the maintenance items......you can keep the cost down to a minimum. For me.....the bike is one of the things that keeps me happy and makes it worth going to work everyday. Sometimes I even ride the bike! |
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Title: Re: Buy a Motorcycle and Double Your Money Post by sjaskow on 08/09/12 at 10:18:21 If you exclude the cost of my bike (which was 4399 since I bought it new), I've spent $973 on parts and maintenance and just over $1008 on fuel since August of 2007. Had I not had the bike and drove my truck (an 02 Ranger that gets 17 mpg), I would have spent $3659 on fuel alone. Therefore, my bike has saved me almost $1700 and added much enjoyment in my life. |
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Title: Re: Buy a Motorcycle and Double Your Money Post by Savage_Rob on 08/09/12 at 10:43:13 I'm not looking at my numbers because I love my bike. |
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Title: Re: Buy a Motorcycle and Double Your Money Post by tizzyfit on 08/09/12 at 13:28:17 283429312C392E3F303332395C0 wrote:
Boat is an acronym for "Bring Over Another Thousand". ;D ;D ;D |
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Title: Re: Buy a Motorcycle and Double Your Money Post by Charon on 08/09/12 at 14:35:05 A boat is described as hole in the water, surrounded by wood (or now, fiberglass) into which you throw money. |
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Title: Re: Buy a Motorcycle and Double Your Money Post by LANCER on 08/09/12 at 14:59:44 0331263137350F023F32500 wrote:
I prefer not to count 8-) |
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Title: Re: Buy a Motorcycle and Double Your Money Post by Bubba on 08/09/12 at 15:03:21 Sure beats 2 grand on a TV...then cable bills, video games...yuck! |
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Title: Re: Buy a Motorcycle and Double Your Money Post by WD on 08/09/12 at 15:08:04 Don't even want to think about money I've spent on bikes... The Savage is on its fourth or fifth major redesign. My oldest bike (1915) had sat underwater for 60+ years when I got it. Was running and ridable when it got stolen... 5 antique HDs and 4 antique Indians built from picked over carcasses... I probably could have bought a small island with the money I've blown on toys over the years. |
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Title: Re: Buy a Motorcycle and Double Your Money Post by Serowbot on 08/09/12 at 15:24:26 it's cheaper than "Dressage".. :-?... |
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Title: Re: Buy a Motorcycle and Double Your Money Post by justin_o_guy2 on 08/09/12 at 17:38:29 I saw a Dear Heloise column when I was a kid & it really stuck with me, Writer asks for advice on going to college. Starts with " I am 36 years old, I am thinking I mite go to college, but in 4 years, Ill be 40 years old! Heloise said "In 4 years, youre gonna be 40 years old, no matter what. Do what YOU want to do with your life." & You, you would have $3,000.00 in the bank you dont have. Where Should you have spent it? You worked & took care of obligations, right? Do what you wanna do, man.. One thing I know you dont wanna do is get too old to do it & then wish ya had. I regret not having gone snow skiing when I was in my 20's.. Now, legs are shot, health is shot, a fall on the kiddy trail would hurt me,, |
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Title: Re: Buy a Motorcycle and Double Your Money Post by Boule’tard on 08/09/12 at 18:32:06 "Work hard and save your money and when you are old you can afford the things only young people can enjoy." |
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Title: Re: Buy a Motorcycle and Double Your Money Post by ZAR on 08/09/12 at 20:38:11 5D504A535A4B5E4D5B3F0 wrote:
Dangit Boule'.....I missed part of that somewhere... I've worked hard but there just never was much to save back.. |
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Title: Re: Buy a Motorcycle and Double Your Money Post by Cavi Mike on 08/10/12 at 04:25:09 29243E272E3F2A392F4B0 wrote:
That is if your hard work doesn't leave you crippled. Thanks but no thanks, I'm spending my money now and enjoying my life now. |
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Title: Re: Buy a Motorcycle and Double Your Money Post by Wolfman on 08/10/12 at 08:39:20 Live Fast, Die Young and leave a Beautiful Corpse...lol You spend a large part of your life trying to make a 'Living'. Problem is most folks forget the key word. LIVE! The fun, adventure and peace of mind when riding is worth the minimal cost of the bike to me. Mudding in a jeep, sailing, painting, Hunting ect all costs money. Riding serves multiple purposes at a minimal cost. Now if could just get the cost down on a nice S50, Shadow Spirit 1100 or Maybe a 650R or 1200 Bandit, id be happy. And have a couple more 'cheap' bikes in the stable...lol |
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Title: Re: Buy a Motorcycle and Double Your Money Post by Gheorghe on 08/11/12 at 13:30:51 I don't think anyone could ever put a price on the joy I get from riding my bikes. With that said, I would dare not add all the money I spent on my bikes over the years. I did it once for my dirt bike and stopped when the cost got to half of what I paid and then I just didn't want to know anymore :o |
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