Short term riding questions? | GTAMotorcycle.com

Short term riding questions?

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Sup123

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Hey guys

I am currently saving up money from my co-op job to buy a bike. I plan to have the money ready by late august. I had a couple of questions to ask.

Like i said , i plan to buy the bike probably within the first few days of September.I plan on buying the Ninja250. Now what i want to do is buy the bike and ride it in September,and part of October and sell it. The reason I want to do this is I rather not waste this year and then start off with the 250 next year in april-may.So i had the following questions..

1.How hard would it be to resell the bike in october since i dont have space to keep it somewhere in the winter?
2. Would i be able to get insurance on my m1(i have a G license /21 yo) on a monthly basis?

Thanks
 
Why wouldn't you keep it and ride it next year? Please don't tell me you think riding a 250 for a few weeks then next spring jumping on a ss is a good idea? :confused:

Insurance will depend on what company you deal with. You'd have to call and ask them what their policy is.
 
1. It wouldn't be too hard to sell it in october, but you'll have to sell for less as other people will be trying to sell their bikes as well, and the market will be more competitive.

2. You would probably have to get insurance and then cancel it after a month or two, but you'll still be paying a lot because in general insurance costs more during the summer months. The insurance companies make monthly payments the same year round just to make it easier to understand, but you essentially underpay during the summer, but overpay during the winter. Though you will have to pay a lot, I'm pretty sure you could get insurance.

If you're going to start riding in in late august, and sell in october, it's probably not worth it. What you'll learn in those two months will most likely be lost. Most people get rusty over the winter. Also, money-wise, I wouldn't say its an efficient use of money, especially if you need to spend money to repair anything.

Do the course and get your M2 this year then you'll have a better idea of how much time you might need/want on a 250. Then wait until next year, save more money and do more research on what it's going to cost (taxes, license plate, sticker, safety inspection, insurance, gear, parts/fluids, lock?, stands?, cover? etc,). If you're at a co-op placement this is going probably going to be a huge expense for you.

I wouldn't say time on a 250 is wasted, but if you're worried about that, get a 500 next year.
 
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I know the feeling, saving up for that first bike and you just want to get it and ride.
Probably will make more financial sense to buy and keep over the winter and ride the same bike for next season or just buy the bike next year. Use the money that you save up for better gear and you can find some good bargains over the winter months.
 
Sup123, keep it for at least a couple of seasons to build some experience. If storage is a problem, get a friend to take it in during winter months, or worst case scenario - rent a public storage unit.
Buying a bike and then selling it 2 months later doesn't sound right. Also, the way insurance companies cover bikes differs from cars. It's been discussed on here already. Try the search option.
 
You're insane if you are thinking of selling the bike just to avoid winter storage.

Just that risk of you not being able to sell the bike should be enough for you to avoid the idea. In the event you just lower the price to make it a steal to ensure you sell it by winter...well might as well just use $250 to get a company to winterize the bike for you (will also do some minor maintenance on the bike). Saves you the hassle of selling, and more of the re-buying in the next season.

Keep it, pay for winter storage or stash it at a good friend/gf's garage, then next season you don't have to worry about finding a bike, just take it out when you want to and ride!

My riding season is typically from February - November. So my bike is only winterized for 2-3 months. Is that really that much time to worry about selling a bike?
 
Winter storage is relatively cheap. Just contact local great mechanic - kneedragger88 (Ken) - he will pick up your bike, service it, store it and will deliver it back in the spring. Not to mention that bikes are cheaper in the fall than in the spring.
 
I would recommend the same as everyone else. Keep it for the remainder of this year, find storage which isn't hard (Ken from Soar Racing aka Kneedragger). And then in the new year ride it for the entire summer, that's the best way to go about this idea, you'll get better experience on a bike riding for an entire riding season, rather then a couple of months, just like another member said, you'll lose everything you learned in the two months only to realize in the spring, when you decide to buy a SS bike, like a 600 or whatever floats your boat, that you may not feel comfortable you know?
 
Just simply scrap the idea of having a bike until you can afford it. The waiting period is definitely a pain but most of us wanted to ride when we were in our 20s but we waited til 30s to be able to afford a bike AND insurance (given that you had a clean record in your 20s, which is not easy)
 
I would hold off. I held off for 2 years. In those 2 years, I read books on bikes, read the forums, read about my bike I liked, etc. Having a disciplined approach to this helps..

As people have already mentioned, insurance will not care if you are riding for 2 months or 12.They may charge you a premium. Also, why waste a season with your M2( or M1)?Better to start a new season with fresh gear, bike, attitude,approach.....

A plus to this is the time frame you are talking about is the "wrap up season". So it won't hurt much if you wait a few more months until spring of next year.:)
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