I've always bought used but in this occasion the safety features of latest models (2019+) makes it worth it to buy new, or almost new.
I am going to wait until I have the M2 before I search for test rides. I understand it's really risky for a dealer to just give the keys to somebody who could...
I have foreign experience riding motorcycles but after a few years in Ontario I want to get back on one. I got my M1 and taking the MSF/M2 course in 2 weeks. Obviously I'm already looking for what I want to buy and spending way too much time reading/watching reviews (and salivating over them)...
This thread has gone off in a tangent but 3% is a realistic return of withdrawal if you account for taxes. Unless you are reinvesting, but in this case we are talking about withdrawing for a toy purchase.
All that said I still think we agree. We are just debating detail numbers for fun...
I don't want to be pedantic but 4.5 minus 3M should be 1.5M not 4.41M, right? Unless I misunderstood your numbers.
I agree with you mostly. My point was that even if you have 100M in assets, having a quick lunch costs 20 bucks. All these numbers of toys versus investments are a bit complicated...
Thinking about this big purchases as a percentage of an individual's net worth is a bit flawed.
There are things that scale up for sure, spending 1k to fly to Europe versus 10k to fly in first class, versus 100k to fly private.
But other things don't. The latest Android/iPhone doesn't scale up...
The system here is a bit silly. My understanding of the 60 day wait between getting your M1 and your M2 is to practice. But realistically very few insurance companies will take you, and those who do will charge a hefty premium, so how you are you supposed to practice? No idea.
That said. I am...
I just got an online quote out of curiosity and with my same circumstances it would be just double to insure a Porsche 911.
Hilarious since the vehicle cost is 10 times. With risk factors being the same but with a heavier vehicle.
Asking for the marital status is so weird and random. Sure you can pinpoint somebody's risk factor better with that datapoint but same with a dozen other things they don't ask.
If you get married and already have insurance can you ask for a discount after your honey moon?
I am away half of September. That plus some family obligations limit my time and it looks like I might have to go to Whitby or Oakville to test ride pre-owned bikes at dealers. Hence the plan of buying in October.
Any ideas on what the insurance rate would be for a Triumph Street Triple RS or a Honda CBR650R for somebody that's 40 and has 5 years of insurance/riding history?
Thanks to everybody who is helping me with deciding what to get based on insurance being a factor. I am going to get some quotes, if the Striple is just a few hundred more expensive than CBR650R or ZX6R, I will go for it. If it's more than that, CBR650R is winning right now.
Anybody else wants...
This other thread has a discussion going about which motorcycles are more expensive to insure as a beginner:
https://www.gtamotorcycle.com/xf/threads/buy-a-bike-in-october-or-wait-for-spring.221366/#post-2851469
I was going to ask something there but then decided it should be its own topic...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.