|
Author |
Message |
DJP |
This post is not being displayed .
|
DJP Crazy Courier
Joined: 11 Dec 2011 Karma :
|
Posted: 17:47 - 13 Apr 2022 Post subject: Are Used Bikes Worth It? |
|
|
Since 1997 I've had 5 brand new bikes, I've kept each one anywhere between 3 and 7 years and then traded them in against a new bike
I told this to someone at work yesterday and he remarked that I “must have spent a fortune”.
So I decided to work it out. After trading in, I have spent (lost) the grand total of £13,600 over 25 years. That's £544 in depreciation per year. To ride a new bike.
That's cheap in my book. Bearing in mind that I've never had to spend more than servicing (mostly DIY) and consumables. And for over half of that period I've been riding bikes that are still in warranty and don't need an MOT.
Bargainacious!
So are used bikes really worth it? (And for balance I am currently riding a used bike now btw). ____________________ Suzuki Bandit 1250
https://deejayp999.atwebpages.com/index.html
That's http not https |
|
Back to top |
|
You must be logged in to rate posts |
|
|
Pete. |
This post is not being displayed .
|
Pete. Super Spammer
Joined: 22 Aug 2006 Karma :
|
Posted: 18:02 - 13 Apr 2022 Post subject: |
|
|
My current bike was £2400 I've had it nearly 7 years and 71k miles and it's still worth up to 2 grand. ____________________ a.k.a 'Geri'
132.9mph off and walked away. Gear is good, gear is good, gear is very very good |
|
Back to top |
|
You must be logged in to rate posts |
|
|
DJP |
This post is not being displayed .
|
DJP Crazy Courier
Joined: 11 Dec 2011 Karma :
|
Posted: 18:37 - 13 Apr 2022 Post subject: |
|
|
That's not bad, as long as you haven't spent a shedload on unscheduled "Maintenance".
Previously I've always bought used bikes and, as I look after them, seldom lost anything on them.
But used bikes need more upkeep: Steering bearings, fork seals/bushes, suspension and electrical bits and pieces etc. that you just don't need on a newer machine.
So it's a balance between depreciation and maintenance and as I get older I find the former easier than the latter.
YMMV! ____________________ Suzuki Bandit 1250
https://deejayp999.atwebpages.com/index.html
That's http not https |
|
Back to top |
|
You must be logged in to rate posts |
|
|
pepperami |
This post is not being displayed .
|
pepperami Super Spammer
Joined: 17 Jan 2010 Karma :
|
Posted: 19:12 - 13 Apr 2022 Post subject: |
|
|
I’ve bought two bikes new and lost money on both.
However, I don’t regret either bike.
One I sold cheap because I wanted money for the next bike (Yamaha RD 250 lc).
The other I still own, as in my little opinion, she’s a keeper.
I would never expect to come off well selling a bike I’ve had since new.
Just to much depreciation.
As soon as you ride your new new bike in sh*tty British weather, it’s doomed to be just another second hand bike in a very full market place.
Most of us try to keep our bikes in tip top condition, however people just won’t pay what you think it’s worth. ____________________ I am the sum total of my own existence, what went before makes me who I am now! |
|
Back to top |
|
You must be logged in to rate posts |
|
|
blurredman |
This post is not being displayed .
|
blurredman World Chat Champion
Joined: 18 Sep 2010 Karma :
|
Posted: 19:42 - 13 Apr 2022 Post subject: |
|
|
One of my bikes in my collection owned since 2012, paid £751 and now tax and mot exempt. Most i've paid for a bike. Least I paid for a bike was in 2016 @ £100. Put 20k miles on it since. 2nd cheapest bike i've paid for is £105 last year, already exempt from tax. ____________________ CBT: 12/06/10, Theory: 22/09/10, Module 1: 09/11/10, Module 2: 19/01/11
Past: 1991 Honda CG125BR-J, 1992 (1980) Honda XL125S, 1996 Kawasaki GPZ500S.
Current: 1981 Honda CX500B - 91k, 1987 MZ ETZ250 (bored to 295cc) - 38k, 1990 MZ ETZ251 - 49k, 1979 Suzuki TS185ER - 9k, 1972 MZ ES250/2 - 17k. |
|
Back to top |
|
You must be logged in to rate posts |
|
|
DJP |
This post is not being displayed .
|
DJP Crazy Courier
Joined: 11 Dec 2011 Karma :
|
|
Back to top |
|
You must be logged in to rate posts |
|
|
DJP |
This post is not being displayed .
|
DJP Crazy Courier
Joined: 11 Dec 2011 Karma :
|
|
Back to top |
|
You must be logged in to rate posts |
|
|
BanditsHigh |
This post is not being displayed .
|
BanditsHigh Worse than a woman
Joined: 21 Mar 2005 Karma :
|
|
Back to top |
|
You must be logged in to rate posts |
|
|
spottedtango |
This post is not being displayed .
|
spottedtango Trackday Trickster
Joined: 04 Dec 2015 Karma :
|
|
Back to top |
|
You must be logged in to rate posts |
|
|
xX-Alex-Xx |
This post is not being displayed .
|
xX-Alex-Xx World Chat Champion
Joined: 12 Sep 2019 Karma :
|
|
Back to top |
|
You must be logged in to rate posts |
|
|
MarJay |
This post is not being displayed .
|
MarJay But it's British!
Joined: 15 Sep 2003 Karma :
|
|
Back to top |
|
You must be logged in to rate posts |
|
|
trevor saxe-coburg-gotha |
This post is not being displayed .
|
trevor saxe-coburg-gotha World Chat Champion
Joined: 22 Nov 2012 Karma :
|
Posted: 21:19 - 13 Apr 2022 Post subject: Re: Are Used Bikes Worth It? |
|
|
DJP wrote: | So are used bikes really worth it? (And for balance I am currently riding a used bike now btw). |
I mull this crap over far more than is advisable. And it feels like every time I do, I change my mind.
I've never owned a new bike, and that seems less and less likely as they become more and more tech laden. I appreciate there are the Interceptors of this world, but such bikes have as little appeal for me as the diametric opposites - e.g. the latest 1250GSA with all the bells and whistles. At one end are the retro bikes with poor spec and little in the way of excitement, and at the other, huge and heavy bikes with switch gear and menu scrollers that take 6 months to learn.
But those aren't the only reasons i've been plumping for 'golden era' sporty bikes. Bangers like the zx9r are can be bought for £2k w/ 30k on the clock, and run to 100k with minimal intervention once the valves have been checked and shimmed (I suspect most haven't been, despite what old receipts may say). How is that not worth it? Genuine question.
Doesn't matter if it's an old vfr750/800, a gsx1250f, a 918 or 929 blade, etc. etc., they can all be found for under £3k, and more often than not will run and run, won't they? Good, quick, fun bikes - each with their own foible or two, but essentially well-designed and properly nailed together using decent materials. Run a bike like that for 5 years or more, even accepting the odd replacement shock or stator here and there, and I think you're still going to be coming in quite a chunk under the depreciation hit of a new bike?
You say £540 quid's worth of depreciation per year. That's really good going, to be fair. My bangernomics might not actually be able to beat that, if I'm brutally honest. However, if I could work on my own bikes, I think I could be halving that by purchasing and running 15-20 year old £3k machines.
However, and to put a different slant on it, this: I paid £1800 for a 9 with 18k on it back in autumn of '17 - it's now got 94k on it and is making untoward noises in low gears at low speeds. Idles lovely, so is clutch or gearbox? Anyway, it;s had two "new" shocks (both £50) since then, and fork oil, headstock bearings (thrice), etc. But would've needed all that even if new, with that mileage. So I still feel like I must be quite a few quid ahead of the £544 figure? ____________________ "Life is a sexually transmitted disease and the mortality rate is one hundred percent."
Mobylette Type 50 ---> Raleigh Grifter ---> Neval Minsk 125 |
|
Back to top |
|
You must be logged in to rate posts |
|
|
struan80 |
This post is not being displayed .
|
struan80 World Chat Champion
Joined: 04 Nov 2014 Karma :
|
|
Back to top |
|
You must be logged in to rate posts |
|
|
Fat Angry Scotsman |
This post is not being displayed .
|
Fat Angry Scotsman World Chat Champion
Joined: 12 Jan 2021 Karma :
|
|
Back to top |
|
You must be logged in to rate posts |
|
|
Islander |
This post is not being displayed .
|
Islander World Chat Champion
Joined: 05 Aug 2012 Karma :
|
Posted: 09:36 - 14 Apr 2022 Post subject: |
|
|
I buy bikes to ride not to resell. I've owned just one brand new bike and that was in the 1970s |
|
Back to top |
|
You must be logged in to rate posts |
|
|
A100man |
This post is not being displayed .
|
A100man World Chat Champion
Joined: 19 Aug 2013 Karma :
|
|
Back to top |
|
You must be logged in to rate posts |
|
|
Islander |
This post is not being displayed .
|
Islander World Chat Champion
Joined: 05 Aug 2012 Karma :
|
Posted: 10:15 - 14 Apr 2022 Post subject: |
|
|
|
|
Back to top |
|
You must be logged in to rate posts |
|
|
blurredman |
This post is not being displayed .
|
blurredman World Chat Champion
Joined: 18 Sep 2010 Karma :
|
Posted: 11:12 - 14 Apr 2022 Post subject: |
|
|
BanditsHigh wrote: | blurredman wrote: | One of my bikes in my collection owned since 2012, paid £751 and now tax and mot exempt. |
I take it owned since 2012 doesn't relate to it's age ... so what age is the bike?
All the best ... Barry |
It's 40 now. I mention 2012 as that's the bike i've owned longest. ____________________ CBT: 12/06/10, Theory: 22/09/10, Module 1: 09/11/10, Module 2: 19/01/11
Past: 1991 Honda CG125BR-J, 1992 (1980) Honda XL125S, 1996 Kawasaki GPZ500S.
Current: 1981 Honda CX500B - 91k, 1987 MZ ETZ250 (bored to 295cc) - 38k, 1990 MZ ETZ251 - 49k, 1979 Suzuki TS185ER - 9k, 1972 MZ ES250/2 - 17k.
Last edited by blurredman on 16:03 - 14 Apr 2022; edited 1 time in total |
|
Back to top |
|
You must be logged in to rate posts |
|
|
Bhud |
This post is not being displayed .
|
Bhud World Chat Champion
Joined: 11 Oct 2018 Karma :
|
|
Back to top |
|
You must be logged in to rate posts |
|
|
rpsmith79 |
This post is not being displayed .
|
rpsmith79 World Chat Champion
Joined: 31 Jan 2017 Karma :
|
|
Back to top |
|
You must be logged in to rate posts |
|
|
steve the grease |
This post is not being displayed .
|
steve the grease Crazy Courier
Joined: 26 Jan 2018 Karma :
|
|
Back to top |
|
You must be logged in to rate posts |
|
|
jeffyjeff |
This post is not being displayed .
|
jeffyjeff World Chat Champion
Joined: 02 May 2020 Karma :
|
|
Back to top |
|
You must be logged in to rate posts |
|
|
trevor saxe-coburg-gotha |
This post is not being displayed .
|
trevor saxe-coburg-gotha World Chat Champion
Joined: 22 Nov 2012 Karma :
|
|
Back to top |
|
You must be logged in to rate posts |
|
|
PotatoHead202... |
This post is not being displayed .
|
PotatoHead202... Scooby Slapper
Joined: 10 Feb 2020 Karma :
|
|
Back to top |
|
You must be logged in to rate posts |
|
|
trevor saxe-coburg-gotha |
This post is not being displayed .
|
trevor saxe-coburg-gotha World Chat Champion
Joined: 22 Nov 2012 Karma :
|
|
Back to top |
|
You must be logged in to rate posts |
|
|
Old Thread Alert!
The last post was made 1 year, 349 days ago. Instead of replying here, would creating a new thread be more useful? |
|
|
|