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MC900
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PostPosted: 18:33 - 28 Oct 2015    Post subject: Buying new Reply with quote

Since ive been looking at bikes ive been tempted to buy a brand new one for my first big bike. Im guessing that most of you will advise against buying new since you can get some good 2nd hand ones, but im thinking (havent fully decided yet) of doing it on pcp and keeping the bike after paying it all off.

My main question is what do you guys think is the best 600cc(ish) to buy brand new right now? Ive been offered a kawasaki er6f with 0% apr and i could get a sv650. Also ive seen the yamaha mt-07 which looks awesome, but are there any others you guys think are better?
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Polarbear
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PostPosted: 18:42 - 28 Oct 2015    Post subject: Reply with quote

If you buy new, and I have for many years, remember.....

1. You will have to have fully comp insurance.
2. Get GAP insurance.
3. Plan on keeping your bike a good while.
4. 0% is a good deal however you look at it.
5. PCP might not be as good as a straight 0% repayment, do your figures.
6. Buy something you will continue to enjoy. An SV does not come into that category, a Street Triple does. Cool
7. Enjoy whatever you decide to buy. Thumbs Up
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Matt B
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PostPosted: 18:56 - 28 Oct 2015    Post subject: Reply with quote

Polarbear hit the nail on the head. You want new then it's your money so go do it, but find a bike worthwhile keeping for a few years. You may well get bored with an ER6 or an SV rather quickly.
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wristjob
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PostPosted: 19:21 - 28 Oct 2015    Post subject: Reply with quote

Matt B wrote:
Polarbear hit the nail on the head. You want new then it's your money so go do it, but find a bike worthwhile keeping for a few years. You may well get bored with an ER6 or an SV rather quickly.


its really nice to see the use of "bored with" and not the anoying "bored of"

as for buying new.
ive done it twice now
1st time i had no money and was offered a brand new 0 miles pre reg bike for £1500 under list price and at 0% for 3 years with a £99 deposit.had bike 5 years and loved it.
2nd time was this year and i payed cash,second hand wasnt much cheaper so it made some kind of sense to me.
if i was looking for a bike today and second hand could be a massive saving over new and it was a bike that had been about for years i wouldnt look at new,even at 0% finance.


but its your pounds,do what works for you.
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Rogerborg
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PostPosted: 21:01 - 28 Oct 2015    Post subject: Reply with quote

Counterpoint, I wouldn't keep a new bike sitting in the garage depreciating away. It'll be losing money hand over fisty whether you're riding it or not.

And OP's new bike is going to cost a grand as soon as the key is turned, so do be sure that you're getting one that you can live with for years. Thing is, you're only going to know that with a basis for comparison, so I'd really strongly dissuade you from buying new and getting the "Ooh, new rider, no test rides" fob off.

There are plenty of used 600/650 bikes out there for £1000 - £1500 that aren't going to cost much to own. So, you get the wrong one, no big deal, sell it and try another. Almost anything is cheaper than taking the depreciation hit on a new bike then finding that you can't get on with it.
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kramdra
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PostPosted: 21:07 - 28 Oct 2015    Post subject: Reply with quote

MrGs1 wrote:
...


Why!?!?

If I crazy/wealthy enough to waste money on new I would be using it all the time. Having a second old bike defeats the point (and therefore dealer will have to give you a hire bike when they cock up the servicing and keep it for a month). Buying new, you take a massive it on depreciation, but actually using the bike wont increase it much, unless you bend it.. which you can afford to do..

Id rather have 5 or so used bikes.. or just two and plenty of other shit. And no worry of comprehensive insurance.
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jimbopea
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PostPosted: 21:25 - 28 Oct 2015    Post subject: Reply with quote

I have an er6f which i had new on 0% finance last year.
I'm happy with it, still quick enough and servicing costs haven't been to bad. decent fuel economy and not too bad for two up riding. I haven't ridden a street triple or mt07 though.
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G
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PostPosted: 21:31 - 28 Oct 2015    Post subject: Re: Buying new Reply with quote

Why do you think you'll want to keep the bike at the end of the hire period?

Most don't for their 'first big bike' I'd say.

If you want a bike with 'new technology' - for instance the latest litre sports bike, then you have to go new.

Or if you want a bike primarily because you enjoy the act of having an expensive new thing you can pretend you own (as of course it's not owned by you) in your possession, sure a new bike is great - I don't deny it IS nice.

If you think you might enjoy riding a bike and don't expect to need any of the particularly shiny extras on a top of the range bike, I'd go cheaper and use the money saved for 'riding'... as well as that you're more likely to enjoy using your bike as you should be less worried about getting it scratched etc (even if that just means where you are parking it etc.)
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kawakid
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PostPosted: 22:26 - 28 Oct 2015    Post subject: Reply with quote

I bought my last 2 bikes from new.

I know everything that has been done to them and how they have been looked after.

I got an ER on finance, something I don't usually do as I hate debt, but at 0% it was a no brainer.

I also paid some insurance in the event I was made redundant to cover the payment, this only cost about £6 per month, something I did myself not through Black Horse.

The ER is a good bike, not the quickest though, I use mine as a commuter and I would and will buy another one. Mine is 7 years old now and as soon as it starts to cost me lots it's going.

If I could get 10 years out of it I would be very happy.
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P.addy
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PostPosted: 22:39 - 28 Oct 2015    Post subject: Reply with quote

None of those are worth buying new.

Spend 2k on a mid range 600, FZ6, hornet, SV and get used to running a big bike around, learn some basic big bike control skills and see where you are at next summer.
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iooi
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PostPosted: 22:43 - 28 Oct 2015    Post subject: Reply with quote

MrGs1 wrote:
I would only buy a new bike (not a commuter) to live in the garage and ride it only on sunny days..


You do realize that bikes are designed to be used all year round and DO NOT contrary to many people thoughts just disintegrate when used in the months from September to May Rolling Eyes

OP. Its your money do what you want.

Personally you can not beat that feeling that you have got something that is new and know has not been abused by any one else.
That said from someone who has bought 2 cars this year... One a 2004 and the other new. Love both in their own ways Karma
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G
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PostPosted: 23:27 - 28 Oct 2015    Post subject: Reply with quote

iooi wrote:

Personally you can not beat that feeling that you have got something that is new and know has not been abused by any one else.

This:
https://www.alexjamesphoto.com/sy-photos/2015/09/21/18/small_4ee669_DSC_4289.JPG
Beats it easily for me.
(The riding of the bike, not the hotlinking an image Wink.)
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kramdra
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PostPosted: 00:03 - 29 Oct 2015    Post subject: Reply with quote

"Space miles" in terms of bikes are GOOD. Bikes rarely do enough miles do damage anything but some imaginary book price. Ive seen a few bikes with 100k on the clocks, but its exceptionally rare. Im over half way (and Im keeping the cbr6 atleast 8 years or 100k miles)

As for comment about servicing - almost everyone that buys new or from a dealer will keep going back for service. Very few new bikes are maintained by the owner.
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stevo as b4
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PostPosted: 00:05 - 29 Oct 2015    Post subject: Reply with quote

I've done both new and used, and indeed back in the day (16years ago) I wanted to go out after DAS and buy a brand new bike with cash as my first option.

The big thing that stopped me was insurance costs. Not many people would buy new without FC insurance, and for me it was £1800-2000 for a policy on a £4-5k new bike, so look into prices first.

Secondly a used bike can be a lot more fun, especially if you want to mod it, work on it, and also improve your riding without being precious over a new bike. This might me partly the point that G is getting at.

I wouldn't want to or feel confident doing much work or seriously modifying a new bike, and with something under warrenty your very limited in this respect.

But finally, I think there's a useful place for 0% APR deals on new bikes, and if it's a daily rider to get you to work in all weather's you'd be mad not to take advantage of a cheap new bike deal, with ABS and the other nice to haves etc.

But in buying a new bike, and with the aim of keeping it a few years to get good value from it, you should get a bike that isn't just a tool for the job, but something that is a bit exciting too if possible.
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Rogerborg
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PostPosted: 00:34 - 29 Oct 2015    Post subject: Reply with quote

kramdra wrote:
"Space miles" in terms of bikes are GOOD.

There are plenty of low mileage used bikes around. It's the high milers that are the exception, and why would I even consider one unless it was very cheap?
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kramdra
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PostPosted: 01:12 - 29 Oct 2015    Post subject: Reply with quote

Rogerborg wrote:
kramdra wrote:
"Space miles" in terms of bikes are GOOD.

There are plenty of low mileage used bikes around. It's the high milers that are the exception, and why would I even consider one unless it was very cheap?


If they have high miles and are in a cosmetic condition worth buying, they are likely to be looked after. It also means they wont have seen dealership hands for a while. 20-30k is the ideal time to buy and has the lowest risk* this is when the sort that buy new, have lost confidence in the dealership servicing and want something new, shiny and unfucked with (for the dealer to service).

Under 10k is barely ran in and wont have had a full service yet, and to be selling early.. I am very suspicious.

* knowing to avoid rotten exhausts and other common expenses. Many bikes will be upgraded to stainless or come with titanium as OE...
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Keir
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PostPosted: 01:40 - 29 Oct 2015    Post subject: Reply with quote

I wouldn't buy new having just passed my test as you will do something silly that damages it - this may be a simple forget the side stand, get caught off balance or just fall off.
Get some experience for 6 months or so then consider new.
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stevo as b4
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PostPosted: 07:45 - 29 Oct 2015    Post subject: Reply with quote

Off topic but mileage depends on the bike and the condition it's in generally.

Some highly strung two strokes can only be re-built a finite number of times before things like bearing housings get loose and crankcases get chewed up and damaged.

Buying a bike that's known for being solid at high miles, like a Honda CBR1100XX for example is a whole different story. It's probably been a cherished tourer for years and looked after buy it's owner before and after taking him/her all over Europe etc. It'd be hard to buy a low mileage Bird these days anyway, so I would not look at mileage as a valid reason to buy or avoid such a bike.
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Musketeer
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PostPosted: 09:25 - 29 Oct 2015    Post subject: Reply with quote

I don't really think that OP is here to change his mind about buying new. It's every time the same thing and OP is not that special to be different than other new riders without money. When you have no cash just passed your test it must be very tempting to get a new bike. It's a stupid thing to do, but when you have a choice of not having a bike at all or having a brand new one that you don't really own but at least you can ride it what would you do?

All this "I'm going to keep the bike for years" is just a bs excuse. The bikes like SV650 or ER6 will keep you happy for months, not years.. Later (most likely in a year time) having an amount of outstanding finance that is same or more than a value of the bike is going to be a problem when you decide to change.

OP, if you have at least £1-1.5k of your own, saved money for a bike, don't buy a brand new one. I know you're not going to listen, but I had to say it.
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Last edited by Musketeer on 10:52 - 29 Oct 2015; edited 1 time in total
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Rogerborg
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PostPosted: 10:45 - 29 Oct 2015    Post subject: Reply with quote

Right, we're just clearing our consciences.


kramdra wrote:
Under 10k is barely ran in and wont have had a full service yet, and to be selling early.. I am very suspicious.

There are plenty of pampered low mileage garage queens out there that get an annual service whether they need it or not.

Maintenance doesn't magically reverse wear and tear.

Vans beats fist.
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Polarbear
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PostPosted: 11:12 - 29 Oct 2015    Post subject: Reply with quote

Rogerborg wrote:
Right, we're just clearing our consciences.


kramdra wrote:
Under 10k is barely ran in and wont have had a full service yet, and to be selling early.. I am very suspicious.

There are plenty of pampered low mileage garage queens out there that get an annual service whether they need it or not.

Maintenance doesn't magically reverse wear and tear.

Vans beats fist.


Correct. If you include the 500 mile service my Trophy has had 4 in 4000 miles. (5 if you count the oil change and checks when triumph replaced the cylinder head under recall) Embarassed
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Val
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PostPosted: 17:38 - 29 Oct 2015    Post subject: Reply with quote

stevo as b4 wrote:
Secondly a used bike can be a lot more fun, especially if you want to mod it, work on it, and also improve your riding without being precious over a new bike.


That is a major point. If you like to work on a bike and see the result of your work that is not gonna happen with new bike. You cannot do any mods, because you will invalidate the warranty.

And servicing your new bike yourself is risky. First many extened warranties are actually service contracts, means you need to use the dealer. Second your standard warranty can still be voided if you or your mechanic use inferior consumables (such as oils) or parts, or if the servicing isn’t as regular as prescribed in the manual, or if you don’t follow proper servicing procedures.

For example if you buy Honda you need to follow the exact repair procedures written in the Honda service manual. Good luck with proving that later.

All this basicly means new bike is very expensive to own.

There are people which are fine to own a bike the same way you own a car. Which is fine. Except it is not fun. And you loose a lot of money in the process. Again if you are filthy rich that is fine.

But by all means do buy a new bike. My vote is for Fireblade Thumbs Up

That is the only way the rest of us can have a good second hand one at some point Laughing

As per my previous post, if they approve you for 0% finance, they will approve you for 0% purchase credit card too. Get one and buy any bike you want - new or second hand.

Sensible thing to do would be a low miles second hand in immaculate condition.

Using your own financing will make you the bike owner and you can sell or exchange it as you wish anytime.

Finally nobody has mention depreciation. The moment you get out fo the sale room with a new bike you will loose at least 15% of the money. Means you buy new for £10000 you loose £1500 at the moment they hand you the key and you exit the front door.

One more reason to buy second hand even if that is 1 year old second hand. Somebody else has lost that money for you - the 1st owner.
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