The Full Cost Of Getting A Motorcycle
The cost of a motorcycle extends beyond the sticker price. Sure, that's a big chunk of the budget. But there are many other one-time and repeating expenses to factor in. It's important to understand every expense and our following guide makes it easy to do so. If you have any questions or want to shop motorcycles for sale in Vista, California, head over to RideNow SoCal. We are a motorcycle dealer located in Vista, California, and proudly serving San Diego and El Cajon as well.
1. The Motorcycle's Asking Price
Beginner riders can expect to pay between $5,000 and $10,000 for a new motorcycle. Advanced riders can expect to pay between $10,000 and $35,000 for a new motorcycle. The more performance and features a motorcycle offers, the higher its price tag will be.
There are a few strategies to stretch a budget further. One, get a used motorcycle. These models come at drastically lower price points due to the impact of depreciation. Two, buy during the off-season. Motorcycle dealerships see a decline in customers, which prompts them to offer great deals. Three, get a new motorcycle from an older year. A new 2017 motorcycle will be more affordable than a new 2020 motorcycle.
2. Riding Gear
There are gear essentials that every rider needs, regardless of experience level. The most important item is a helmet, which can cost between $70 to over $300. Keep in mind that helmets should be replaced if they get compromised. This can happen after an impact (such as dropping it on a hard surface or sustaining a crash) or after about five years old (when the binding starts to break down).
The other essentials include sturdy outerwear, riding gloves, boots, and eye protection. All of these items together will tend to be around $1,300. Many of these items can come with perks, such as being waterproof or extra breathable, but those features will increase the price.
3. Motorcycle Maintenance
All motorcycles need maintenance. Some tasks help prevent issues while others solve problems after they crop up. Motorcycle owners tend to spend around $1,000 on maintenance each year.
There are a few situations that influence someone's motorcycle maintenance needs. Those who own older models will tend to spend more in upkeep. Those who ride more often, such as those who commute to work, will also need to replace worn out parts faster. Finally, those who neglect preventative maintenance will tend to spend more on repairs.
4. License And Riding Courses
The application fee for a motorcycle license is usually around $30. The cost of a beginner's riding course is usually around $100. Many riders enjoy taking follow-up classes. These are an added expense, but they help you rapidly improve your riding skills.
5. Insurance
Insurance coverage tends to be between $200 and $500 a year. The exact amount will depend on the type of coverage you choose.
6. Fuel
The average motorcycle rider spends about $300 a year on fuel. If your motorcycle is more fuel efficient, you can save money in the long run.
Remember that motorcycles are usually more fuel-efficient than cars. Whenever you swap your car for your motorcycle, you save money on gas.
7. Upgrades
Motorcycles can be outfitted with various accessories. These can make the ride safer, more comfortable, and even more fun. These add-on items do increase the price, but they also boost your time on the road! The exact cost depends on what you get, but it's often a wise investment in your riding experience.
Ready to shop motorcycles for sale in Vista, California? Check out the selection at RideNow SoCal. Our expert staff can help you find the best model for your budget and needs, so stop by and visit today. We are a motorcycle dealer proudly serving North County, California. Our dealership is based in Vista, California, and we also serve those in San Diego and El Cajon.