How do you buy your bike?

**breakaway** · 24th January 2009, 21:00

The guys who say "I don't buy new due to depreciation" make a good point, however at some point I'd like to own something that hasn't been raped by someone else first

Also I'm a 100% cash buyer. NEVER going to 'finance' anything, other than a house.

**McJim** · 24th January 2009, 21:13

Originally Posted by breakaway

The guys who say "I don't buy new due to depreciation" make a good point, however at some point I'd like to own something that hasn't been raped by someone else first

If you're gonna ride it off a cliff anyway it doesn't really matter if it got raped by someone else though does it?

**EJK** · 24th January 2009, 21:14

Originally Posted by samgab

And how long before you get another bike EJK?

I will tell my story later when it gets a good wash

**YellowDog** · 24th January 2009, 21:32

Originally Posted by samgab

I think I would use finance if it was on interest free for 12 Month terms. For instance Suzuki is doing 12 Months interest free on their GSX650F ATM. So when it comes time to upgrade to a bigger bike, if someone is doing a deal like that I'd consider financing, and paying it off within the interest free period, but other than that: Cash.

And how long before you get another bike EJK?

Interest Free = bike is over priced to pay the free interest.

**EJK** · 24th January 2009, 21:35

One another question. What's the price of a Honda CBR600RR's in Auckland? Correct me if I am wrong, I saw a price tag of $19,000-ish for the 600 model down here in Christchurch.

And did I mentioned $25,000-ish tag for the latest CBR1000RR?

**discotex** · 24th January 2009, 22:02

Originally Posted by EJK

One another question. What's the price of a Honda CBR600RR's in Auckland? Correct me if I am wrong, I saw a price tag of $19,000-ish for the 600 model down here in Christchurch.

And did I mentioned $25,000-ish tag for the latest CBR1000RR?

$17,500 at Cyclespot. Probably have some room to move on that tho.

Holy shit did I get a good deal a year ago or what

- EDIT: exactly why you should pay cash....

I don't feel so bad about about loading up the kms now.

**The Stranger:Me** · 24th January 2009, 22:10

Wow, deja vu.

**Mully** · 24th January 2009, 22:16

Originally Posted by The Stranger

Wow, deja vu.

What's mustard got to do with it??

Oh, and mine was cash. And Miss Mully's was cash.

**samgab** · 24th January 2009, 22:44

Originally Posted by breakaway

The guys who say "I don't buy new due to depreciation" make a good point, however at some point I'd like to own something that hasn't been raped by someone else first

Also I'm a 100% cash buyer. NEVER going to 'finance' anything, other than a house.

I agree, I look forward to one day buying a brand new bike (with cash)
The second hand one I just bought is in pretty good nick, and has been really looked after, but I made a list of the things I need to replace to be totally happy with its condition, at 7 years old, and 20000 Kms:
Chain,
sprockets, front and rear
brake fluid, front and rear
Tires, front and rear
coolant fluid
brake pads, rear
spark plugs

and also want the valve clearances and the carb sync checked.

so that'll all add up, especially the tires/chain part.

At least buying brand new you know all of those parts are brand new.

I also don't know how worn the clutch is, or how it was broken in.

So this is a bike that was just under $8G brand new in 2002, and is going for upwards of $4G now. When you add the required spend to that, you have to wonder if it isn't worth just saving a bit longer and buying brand new.
Or ex-demo.

**sunhuntin** · 25th January 2009, 01:57

first bike was a hand me down. second bike was paid for by my parents to replace the first bike [and also as a "we're sorry we bought dingus a harley, so heres a POS ginny to smooth things over with."] current bike was paid for out of my savings... the whole she-bang. 500 was bought with a bank loan which ill be paying back for another 5 years or so.

high ticket items, i like to pay for right then and there so i know its not hanging over me.

**Gremlin** · 25th January 2009, 02:27

Cash... keeps my life simple, no-one controls the bike

Seen plenty end up with a seriously complicated mix of finance, their requirement the bike is insured, they can tell you what you can and can't do, etc.

**samgab** · 25th January 2009, 03:48

Originally Posted by EJK

I will tell my story later when it gets a good wash

Ooh, that all sounds a bit exciting!

**The Stranger:Me** · 25th January 2009, 07:35

Originally Posted by Mully

What's mustard got to do with it??

I give up. What?

**The Stranger:Me** · 25th January 2009, 07:53

Originally Posted by discotex

Cash FTW.

Set aside depreciation, rego, insurance, servicing and trackdays as those are all costs that you will have whether or not you borrow to purchase a bike.

If you don't borrow, chances are you will get an older bike, with an older bike comes more repairs. Chains, sprockets, brake disks, bearings, forks shocks, well pretty much anything is fair game. Point is it costs you anyway, plus the bike is likely off the road more and in some cases they have been known to fuck with people's head such that they won't go on a trip etc.
So - you pay additional money for an old bike (for R&M) and you get a less enjoyable experience.

OR

You borrow buy a new/newer or lower km bike. It has less km and perhaps even a warranty. You pay some interest, but that's it, you don't pay for the delayed maintenence from the last guy. You enjoy the later refinements and you are happy and more condifent to take this puppy touring, use it daily etc. Your ability, confidence and enjoyment factor is excellent. All for what, an extra $1,000.00 in interest - which don't forget you saved on repairs anyway.

Remind me again how cash is FTW.