I'm considering taking my motor-cycle tryout, what is the true cost of owning a motorbike? I.e. import tax, insurance?
I'm soon to be 26 and currently pay a lot of the privilege of owning a Honda Civic Type-R. Is motorcycle insurance mostly dearer or cheaper? I'm not considering replacing my car completely but simply owning a motor-cycle because I've always looked-for to and there isn't really anything to stop me.
Answers:
Depends what bike. Insurance for a Honda Cub will come contained by at less than lb100 a year; on the other hand a Hayabusa may resourcefully cost more than your car.
Tax is definitely cheaper.
ably it does go on the motorbike you buy, If you bought a Suzuki Sv650 for example is a low insurance group but still a very hurried bike. I can insure it fully com for lb250 and i just passed my motorbike test The excise isn't bad either lb66 for the year. Yes the tyres do requirement changing over so meny thousands of miles but, If you only gonna do average for 4000 miles a year later you only been spending on them once a year.
I am around to buy a KTM duke 2 on Y reg its a supermoto. Its 66 quid to tax for year and lb300 to insure and i am buying for lb1500. you cant buy a car for that to carry you to 50 in 5 secs.
Cars and bikes are the same more you use it more you gonna spend to to run it .
Well, there's fuel, services, tyres (expensive and they don't last long) chains, registration...
Running a big bike aint cheap really
However, your insurance no claim bonus should know how to be used for bike insurance. You will save heaps there.
Another tip. Don't buy anything near an R in the name. Thats why your insurance is so elevated.
There are clauses you can add to bring the cost down, such as no commuting, limited miles per year, no other riders, doing an approved training course and belonging to a motorcycle club (not a gang but something resembling the Honda Riders Club etc). When you turn 26 it should get cheaper too,
My bike insurance is about 20% more expensive than an equivalent valued sports car.
All this is in Australia so I don't know how much applies where you live
as for petrol cost example: i ride my cub from kuala lumpur - penang which cost 15 ringgit malaysia ( 5 dollar us) but if i take a coupé it gonna cost me around rm 175 plus toll. of course take a vehicle is safer and faster, but i still stick with my cub.
tax is cheapest than your type r.
ride beside coutious, always look at your side mirror, mind your speeding,
you will be safer on bike.
extra : if i got more money, i only buy a big bike than a car anyway.
but that cost same as i own a car, but i am going faster than your type r consequently
lol. take care
Started with a ZXR400 and it was lb95 a year to insure (TPFT), lb33 a year to tariff and does 135mph easily. 0-60 under 5 second. Handles like it's on rails.
Tyres on the 400cc bike last about 9000 miles as it's not too powerful to chew them up on day to daytime riding. Pair of tyres is lb120 fitted =- Chain & Sprocket was lb120 fitted, for about 11,000 miles.
I enjoy also got a 2007 ZX6R, back tyre is lb170 fitted and single lasts 4000 miles. lb120 for a front, which does about 6500 miles.Chain and sprocket at 15k miles is roughly speaking lb180 also Insurance is only lb170 fully comp though, and tax lb48.00 per year.0-60 3.2seconds,80mph contained by first gear. wheelies easily corners well, solid suspension. Lots of fun.
and my third bike is a spanking new 2009 er6n (650cc) tax is about lb66.00 for the year, running costs are as per the 400 really. Insurance fully comp is lb120. (it's a 650, but nude commuter style bike) 0-60 in 3.5 seconds, wishes to wheelie, but is so comfortable for a long commute, and you skip all those cars int he ques.
and my car is a honda civic 1.4 16v vision, 1998. lb360 a year to insure TPFT, lb120 a year to tax and I do about 800 miles a year contained by the car, (xmas and birthdays, to carry presents) and between my 3 bikes more or less 12000 miles a year. (4k on each? and I live 4 miles from work...)
I would love a civic type R but I really can't justify the insurance and rates cost, compared to my variety of bikes!! I had save up to get on ein feb, but ended up merely buying a brand new er6n for lb3,800 instead.
Help yourself - you can check your quotes surrounded by internet, for example here - autoinsurance.undonet.com
Guess it depends where on earth you are and the size of the bike. I'm sure age has an effect on this too.
I'm from California, have a 750cc, and it costs me $226. for full coverage adjectives year round on the bike. I go with Progressive. I believe you can choose to own insurance just for the riding season.
I did take the Motorcycle Safety Course, years ago, even though I've ridden since I be 15. It saved me $1, on the insurance.
Related Questions:
Answers:
Depends what bike. Insurance for a Honda Cub will come contained by at less than lb100 a year; on the other hand a Hayabusa may resourcefully cost more than your car.
Tax is definitely cheaper.
ably it does go on the motorbike you buy, If you bought a Suzuki Sv650 for example is a low insurance group but still a very hurried bike. I can insure it fully com for lb250 and i just passed my motorbike test The excise isn't bad either lb66 for the year. Yes the tyres do requirement changing over so meny thousands of miles but, If you only gonna do average for 4000 miles a year later you only been spending on them once a year.
I am around to buy a KTM duke 2 on Y reg its a supermoto. Its 66 quid to tax for year and lb300 to insure and i am buying for lb1500. you cant buy a car for that to carry you to 50 in 5 secs.
Cars and bikes are the same more you use it more you gonna spend to to run it .
Well, there's fuel, services, tyres (expensive and they don't last long) chains, registration...
Running a big bike aint cheap really
However, your insurance no claim bonus should know how to be used for bike insurance. You will save heaps there.
Another tip. Don't buy anything near an R in the name. Thats why your insurance is so elevated.
There are clauses you can add to bring the cost down, such as no commuting, limited miles per year, no other riders, doing an approved training course and belonging to a motorcycle club (not a gang but something resembling the Honda Riders Club etc). When you turn 26 it should get cheaper too,
My bike insurance is about 20% more expensive than an equivalent valued sports car.
All this is in Australia so I don't know how much applies where you live
as for petrol cost example: i ride my cub from kuala lumpur - penang which cost 15 ringgit malaysia ( 5 dollar us) but if i take a coupé it gonna cost me around rm 175 plus toll. of course take a vehicle is safer and faster, but i still stick with my cub.
tax is cheapest than your type r.
ride beside coutious, always look at your side mirror, mind your speeding,
you will be safer on bike.
extra : if i got more money, i only buy a big bike than a car anyway.
but that cost same as i own a car, but i am going faster than your type r consequently
lol. take care
Started with a ZXR400 and it was lb95 a year to insure (TPFT), lb33 a year to tariff and does 135mph easily. 0-60 under 5 second. Handles like it's on rails.
Tyres on the 400cc bike last about 9000 miles as it's not too powerful to chew them up on day to daytime riding. Pair of tyres is lb120 fitted =- Chain & Sprocket was lb120 fitted, for about 11,000 miles.
I enjoy also got a 2007 ZX6R, back tyre is lb170 fitted and single lasts 4000 miles. lb120 for a front, which does about 6500 miles.Chain and sprocket at 15k miles is roughly speaking lb180 also Insurance is only lb170 fully comp though, and tax lb48.00 per year.0-60 3.2seconds,80mph contained by first gear. wheelies easily corners well, solid suspension. Lots of fun.
and my third bike is a spanking new 2009 er6n (650cc) tax is about lb66.00 for the year, running costs are as per the 400 really. Insurance fully comp is lb120. (it's a 650, but nude commuter style bike) 0-60 in 3.5 seconds, wishes to wheelie, but is so comfortable for a long commute, and you skip all those cars int he ques.
and my car is a honda civic 1.4 16v vision, 1998. lb360 a year to insure TPFT, lb120 a year to tax and I do about 800 miles a year contained by the car, (xmas and birthdays, to carry presents) and between my 3 bikes more or less 12000 miles a year. (4k on each? and I live 4 miles from work...)
I would love a civic type R but I really can't justify the insurance and rates cost, compared to my variety of bikes!! I had save up to get on ein feb, but ended up merely buying a brand new er6n for lb3,800 instead.
Help yourself - you can check your quotes surrounded by internet, for example here - autoinsurance.undonet.com
Guess it depends where on earth you are and the size of the bike. I'm sure age has an effect on this too.
I'm from California, have a 750cc, and it costs me $226. for full coverage adjectives year round on the bike. I go with Progressive. I believe you can choose to own insurance just for the riding season.
I did take the Motorcycle Safety Course, years ago, even though I've ridden since I be 15. It saved me $1, on the insurance.
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