Costs of Riding versus Caging

[Kradmelder]

I just did a calc of the costs of running my bike (KTM 990) versus if I had used my cage (4x4 turbo D/C mitsubihi). My BMW bike may be only a little cheaper. Shocking.

Costs are in Rand Per Km
Bike Cage
Depreciation 0.75 0.5
Fuel 0.70 1.5
insurance 0.25 0.175
Tyres 0.3 0.1
services 0.4 0.4
ATGATT 0.33
registration 0.006 0.014

2.74 2.68



Assumptions
Purchase price of bike is R150 000, and cage R300 000. The cage depreciates 50% over 300 000 km, and the bike 50% over 100 000 km

Fuel consumption is 17 km/l of bike and 8 km/l for cage

Insurance is R500 per month for bike and R350 for cage and based on 2000 km per month

Tyres are average 10000 km per set for bike ( rear is less and front is more), and cost R3000 per set. Cage is 70 000 km and 7000 per set

Services are every 7500 km and each averages R3000

ATGATT is R20 000 for full kit and lasts 60 000 km

registration is R150 per year for bike and R350 per year for cage and based on 24 000 km for each.



Ai. Bike is more expensive than cage.
____________________
2011 KTM 990 Dakar
2009 BMW 1200 GS

[DrDonnyBrago]

It really depends on the bike/car being compared.

The bike equivalent of my car is something like a CG125/CB250 which would be cheaper to own than my car. The car equivalent of my bike would be something pretty tasty and would cost a fortune to own.

[Kradmelder]

[Shinigami]

those figures are way off. There's no way on earth I'd get insurance for ANY car cheaper than my bike insurance
____________________
Current: Honda City Fly CLR125 2003 Honda CB600F Hornet 2008 Yamaha FZ6 S2 + 1991 Kawasaki GPZ500
"Once you realize what a joke everything is, being the Comedian is the only thing that makes sense.

[Kradmelder]

[G]

[Kradmelder]

[Wave2k]

Depends on the bike / car

My sportsbike (GSXR1000K6) is considerably cheaper to run than my sportcar (Nissan 350Z).
Tyres arnt cheap on either

If you are comparing say a Corsa vs a bike, it has to be something equally as braindead and shit like a Honda Bros, ER5 or Divvy6.

Bike will always come out on top.

Insurance and fuel is a hell of alot cheaper.
____________________
Ducati 1299 Panigale
2009 Corvette C6 z51
RS125->CBR400->RXS100->GSXR750K2->Ducati749S->CBR600RR5->TL1000R->DRz400->RSVR1000->Honda VTR SP1->CBR400->GSXR1000K6->Honda H100->CBR600RR3->Ducati1299

[G]

Cheap cars are partly cheaper due to numbers - there's a big market for cheap tyres and aftermarket parts. Also they generally get driven less 'hard' than bikes.

Sports cars are generally a fair bit more expensive to run than sports bikes.

[Shinigami]

oh lordy, just thought I'd have a ganders at how much car insurance for me would be, just did it on a cheap ford ka (no idea what insurance band it's in, just first one i found at same value as bike)
and the cheapest quote confused gave me was £1300 o_O jeebus

that's kept in a garage, in a very low crime rate area for a 30 yr old.


...i'll stick to 2 wheels lol
____________________
Current: Honda City Fly CLR125 2003 Honda CB600F Hornet 2008 Yamaha FZ6 S2 + 1991 Kawasaki GPZ500
"Once you realize what a joke everything is, being the Comedian is the only thing that makes sense.

[Kradmelder]

[Shinigami]

mines probably not a good example as my bikes a 125cc.

but ford ka - yr 2000 model - value £900 - insurance £1300

Honda Clr125 - 2003 - value on my insurance £900 - insurance <£200
____________________
Current: Honda City Fly CLR125 2003 Honda CB600F Hornet 2008 Yamaha FZ6 S2 + 1991 Kawasaki GPZ500
"Once you realize what a joke everything is, being the Comedian is the only thing that makes sense.

[shereen]

[Shinigami]

Just quoted on an Yamaha FZ6 2005,

£350 fully comp
____________________
Current: Honda City Fly CLR125 2003 Honda CB600F Hornet 2008 Yamaha FZ6 S2 + 1991 Kawasaki GPZ500
"Once you realize what a joke everything is, being the Comedian is the only thing that makes sense.

[G]

I was paying £130 TPFT on a K6 GSXR1000.
An E36 M3 was around £800 for TPFT.
This is lots of no claims on both for a 31 year old. The car is reasonably good performance for a car, but not up to the bike still, of course.

Apparently on street parking these days can be cheaper than garaged here by the way - too many houses getting burgled for the keys of the car in the garage.

[Kradmelder]

[multijoy]

[Derivative]

[G]

In the UK, the value of the vehicle isn't a massive issue; it's the likelihood of you having a claim.

Young drivers are more likely to crash and quite possibly more likely to crash with mates in the car. 4 people claiming for whiplash in most cars will vastly outweigh the cost of the car it's self being replaced.

[dransy]

Gs500 worth about 500 quid
Road tax 45 quid
Insurance 576 for year
Licence held less than a year

Citroën xsara 1.4 again worth about 500 quid
Road tax .140 for year
Insurance 2200 a year
Licence held for nearly 3 years

About 16 - 17 quid to fill up gs tank get about 120 miles riding like q Cunt till I need reserve

Never filled the car up so can't comment

Anything that brakes I fix myself but parts for the car at more expensive
____________________
Being shot out of a cannon will always be better than being squeezed out of a tube. That is why God made fast motorcycles

[robbieguy2003]

For me, cars have 'generally' been cheaper to run unless something major has gone tits on them, especially if chewing through miles.

I used to do ~2,000 miles a month on my first 600RR. I ran it on reasonably BT020 tyres but I was still changing the rear every 2.5/3 months and the front every 5-6 months. It was serviced every 4,000 Miles (minimum oil/filter change), Chain Sprockets when needed, fork oil changed - I didn't scrimp, the bike was looked after.

I do less miles now, but for mile munching I either use my car (bmw e46 330ci) or my GSX1250. I think the car is marginally cheaper because the consumables last so much longer.

Obviously, if you were driving around town, I don't think you'd get cheaper than a 125 when you factor in parking costs, insurance, maintenance and all the rest of it, but when you swap to motorway miles, I think the rate you go through consumables on a bike is too high.

The most fair comparison would be picking a workhorse TDI car - say a Skoda Octavia or VW Passat, and a shaft drive bike with good service intervals. Take all costs - congestion charges, parking, fuel, safety gear for bike, maintenance, insurance, tax, purchase price, expected resale etc. Once you had all that, you could then do a fair comparison between the two.
____________________
Current Bikes: Honda CBR 600RR - '07, Suzuki GSX1250 FA ST '11
Old Bikes: Suzuki Intruder 125 LC - '2001, Honda CBR 600F - '92, Honda CBR 600RR - '03

[symonh2000]

For me bikes have always been cheaper to run.

I tend to buy bikes that are older and do them up so that depreciation isn't really an issue. In fact I have made a small profit on most of the bikes I have had.

Where as with cars I have almost always lost money even at the lower end of the market.

That is before you factor in more expensive Tax, MOT, Insurance and fuel.
____________________
Four strokes is two strokes too many.

[G]

Often can find cheaper car MOT - as again, there's more competition, so get one for £25, while it's the full £30 for a bike.

If you choose carefully, can get a cheap car that does pretty good fuel economy. Doubly so if you're actually transporting people and working out a price per person - ie Fiesta diesel taking 5 people at 65mpg say - comes out at very cheaply per person.

[Kradmelder]

[multijoy]