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Need opinions, buying new as first bike
- Thread starter Oppoe
- Start date
I dont understand insurance these days...
In 2006 I turned 16, and I had a 1980 GS1000S all kitted out with Superbike bits and bobs. I had built it with my dad from the time I was 14-16.
I paid $3900/year for a 1000cc sportbike...
Then I had a FJ600, GS750E, RD350LC, Bandit 650....now an R3....
I have never had insurance as high as the folks now a days. And when I was 25 my 650 Bandit cost me $1125/year....and dropped to 1100 when I turned 26....there was no substantial decrease at all
In 2006 I turned 16, and I had a 1980 GS1000S all kitted out with Superbike bits and bobs. I had built it with my dad from the time I was 14-16.
I paid $3900/year for a 1000cc sportbike...
Then I had a FJ600, GS750E, RD350LC, Bandit 650....now an R3....
I have never had insurance as high as the folks now a days. And when I was 25 my 650 Bandit cost me $1125/year....and dropped to 1100 when I turned 26....there was no substantial decrease at all
catzo
Well-known member
+1 Another happy fz6 owner here.
I only pay a few hundred bucks a year more for my fz6 than I did for my ninja 250. Im 22.
Its got the engine from an r6 but costs 1/3 as much to insure.
Win-win.
Fz6 isnt the only choice though. Lots of bikes in the category. They all have more power than youd ever really need on the street (altho the fz6 has more power than any of them
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Buying NEW as first bike? No. I wouldn't recommend it. I'd suggest a 500cc motorcycle should be able to get you around where you need to go for the next few years until you're old and insurance is more reasonable for something more powerful.
The recommendations for an older Fz6 or Ninja 650r are also good ideas - pending insurance premiums.
If this is your first bike ever (like no experience riding) than I'll leave it to you to know yourself at 20 years old - despite that sorta being an oxymoron. Hardly anyone knows themselves at that age. LOL. If you get a 300cc bike you can enjoy savings and a more appropriate learning curve, and then the fun of an upgrade and a new bike down the road.
I started riding at 29 on a 2005 Ninja500 and got on perfectly fine. Never dropped it or crashed. Lasted me two seasons before an upgrade. It was a great bike and I rode the stink out of it. Lots of fun and "kept up" with my friends on 600ss bikes.
The recommendations for an older Fz6 or Ninja 650r are also good ideas - pending insurance premiums.
If this is your first bike ever (like no experience riding) than I'll leave it to you to know yourself at 20 years old - despite that sorta being an oxymoron. Hardly anyone knows themselves at that age. LOL. If you get a 300cc bike you can enjoy savings and a more appropriate learning curve, and then the fun of an upgrade and a new bike down the road.
I started riding at 29 on a 2005 Ninja500 and got on perfectly fine. Never dropped it or crashed. Lasted me two seasons before an upgrade. It was a great bike and I rode the stink out of it. Lots of fun and "kept up" with my friends on 600ss bikes.
CBR500's are nice looking bikes! More than enough power to have fun too. I had a Kawasaki Ninja 500 and rode the **** out of it. Went through Pennsylvania, Virgina, West Virginia, Ohio, the Carolinas, Tennessee, Northern New York state on multiple different trips.
The "sport touring"/ more upright sport bikes (Fz6, CBR500, Ninja 650 etc) are a blast plus you can actually go places on them....far too.
$4000 for a used CBR500 here:
http://www.kijiji.ca/v-sport-bikes/...ur/1139468117?enableSearchNavigationFlag=true
Used, you can also tell service ontario you paid $500 for it and pay tax on that. They don't have a blue book value on bikes and charge you tax based on what is written on the Used Vehicle Package that the previous owner gives you. If you buy used from a dealer, you'll pay the full tax.
The "sport touring"/ more upright sport bikes (Fz6, CBR500, Ninja 650 etc) are a blast plus you can actually go places on them....far too.
$4000 for a used CBR500 here:
http://www.kijiji.ca/v-sport-bikes/...ur/1139468117?enableSearchNavigationFlag=true
Used, you can also tell service ontario you paid $500 for it and pay tax on that. They don't have a blue book value on bikes and charge you tax based on what is written on the Used Vehicle Package that the previous owner gives you. If you buy used from a dealer, you'll pay the full tax.
I always recommend used as a first bike. Everybody drops their first bike, let someone else take the depreciation hit for a few scratches. It's not my money though, so do as you please.
Used prices $300 below new is crazy, push back against the crazy, lowball them.
Used prices $300 below new is crazy, push back against the crazy, lowball them.
-D-
Banned
Go buy the R3, mod it, make it lighter, better tires.
Do some track days.
Ride the hell out of the bike for a few years.
Then if you are still riding go to a 600 which you will be well prepared to ride and enjoy.
Invest in yourself, don't piss away your money to the insurance company.
Good luck!
Do some track days.
Ride the hell out of the bike for a few years.
Then if you are still riding go to a 600 which you will be well prepared to ride and enjoy.
Invest in yourself, don't piss away your money to the insurance company.
Good luck!
I would go used if I were you. Is it much different for a CBR500 versus something like a Ninja 300? I have a buddy who will be on his third season this year with a Ninja 300 and he is still happy. Kawasaki did a lot of things right with this bike. AS others have said odds are you will drop your first bike. Buy used and keep for a season or two and sell it for little to no depreciation.
If you can find a used CB/CBR 500 that would obviously be a great choice.
If you can find a used CB/CBR 500 that would obviously be a great choice.
It's hard to say without a complete psychological and financial work up what is good for you personally but in general terms the CBR500 is an excellent choice because it's just at the cusp of being a real bike that you won't have to justify and rationalize to peers and strangers alike. Nobody should have spend their free time sheepishly shrugging responsibility to the government and insurance juggernaut for their bike choices. Sure with the CBR500 you might still be reduced to that from time to time but it won't need to be so aggressively in your face, by that I mean into the face of the person you're trying elicit street cred from. The 300's are engineering marvels in their own right, no doubt about it, and one supposes a modicum of ownership pride could be achieved over the short term using various reverse psychology and slight of hand tricks but that could prove tiring as the summer grinds into fall. And then there's next year. No thanks. Go mid size or go home.
Kri$han
Well-known member
+1
Look for a "lightly used" bike, so at least you can save on taxes and the initial depreciation that affects all vehicles.
It's your first bike, not your last
JP0160
Well-known member
I agree. Though I haven't ridden either bike, I've read up quite a bit on the 500 and the general consensus is that its a big, de-tuned, overweight pig. Join the 300 club!
Of course it also depends if your financing the "new" bike. This will increase your overall costs, you will be required to carry full insurance. if you pay cash for a used bike, you can go a bit cheaper with just liability etc for insurance. Although dropping even a used bike which was well cared for sucks it doesn't suck as much as when you drop your brand new shiny bike.
I agree. Though I haven't ridden either bike, I've read up quite a bit on the 500 and the general consensus is that its a big, de-tuned, overweight pig. Join the 300 club!
Big de-tuned overweight pigs are the biggest selling class of motorcycle in North America in sales volume alone.
starboy869
Well-known member
I suggest taking lessons. If your 'brand new' it would be better to drop their bikes instead of your own.
BTW Not everyone drops a bike. In my 15+ years of riding I have yet to drop a bike while riding. Now looking at a pretty girl, and not noticing my kickstand wasn't all the way down is another story.
BTW Not everyone drops a bike. In my 15+ years of riding I have yet to drop a bike while riding. Now looking at a pretty girl, and not noticing my kickstand wasn't all the way down is another story.
As an added bonus, you can just tell people the used bike came that way. If you bought it new, it's obvious that the marks are your fault.
RedDogDarren
Well-known member
Couldn't agree more. Some people spend all sorts of money on a toy that the discover a year later they're just not that into, or in the case of some in the motorcycle crowd, they discover (for a variety of reasons) they can no longer afford. At that point what would you rather own - a 1 year old bike that you're automatically upside down on because of the year 1 depreciation, or a used bike that someone else ate the deprecation on that you will probably get all, or most of your money back out of?
All the more reason. Full coverage including collision for a new 20 year old rider is going to cost you 3 arms and 8 legs.
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