A dilemma for prospective motorcycle owners is whether they should buy a new or used bike. The article below seeks to address this problem by explaining the various factors that should influence your decision.
When To Buy A Used Bike
Used bikes are a perfect choice if you do not have sufficient funds to purchase a new motorcycle. People that want to own bikes that are no longer in production often buy used motorbikes. These could include old models or classic bikes.
First-time motorcycle owners may opt for a cheap used bike. They use the bike to familiarise themselves with road rules and basic bike maintenance. They may purchase a new and bigger bike once they consider themselves experienced riders. A new bike may not be a preferable option for short-term ownership. The motorcycle will significantly depreciate within the first year or once a new model is released. It is unlike a used bike which can be sold at almost the same price after a year of ownership.
You will be confident about buying a used bike if spare parts and repair shops are readily available in your locality. Some people refurbish used bikes by conducting body repairs and installing new engines, tires and brakes. These motorcycles are in a near-new state and maybe cheaper than new bikes.
When To Buy A New Bike
New bikes are an ideal choice for people that want the latest make and model of motorcycle. People buying new bikes often have a good credit history and can access bank finance assistance. However, this is not to say that people with a bad credit history cannot purchase a new bike. Some dealerships may have a rent-to-own option where people can own motorcycles at the end of the rental period. A portion of the monthly rental fees is used as an instalment on the bike's buying price.
New bikes require little or no maintenance. Further, most dealers will give warranties and free service for a specific mileage. People that do not want the inconvenience to regular repairs will often buy a new bike. For instance, a professional who uses the bike to deliver products to clients.
Regardless of whether you will purchase a new or used bike, you must conduct some due diligence and observe caution when buying the motorbike. For instance, you should work with reputable dealers, ask for a pre-purchase report and go for a test ride.
With the above tips, you should have an easy time deciding whether you should buy a new or used bike. Ultimately, go for what your heart wants. Consider these points as you look at motorcycles.
