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A new Suzuki SV650 can be had for about $7k before taxes... decent bike that 10 years ago would have been considered a "beginner" model. Not too bad, plus it will keep it's value fairly well.
Then you check full coverage insurance prices because you must finance because you don't have a spare $7k lying around... it's $3500/year. are you freaking kidding me? That's almost $10/day just to insure! after 2 years (assuming no accidents) you will have completely paid for a replacement bike in insurance costs alone. By the time you finally pay off the motorcycle 5 years later you have now paid enough in insurance and principle to pay for the bike 3.5 times over... about $25k before finance charges. The thing will probably have 10k miles on it and you'll sell it for $5k just to get out from the insurance payment. Those 10k miles cost you $20k, $2/mile, not including finance, maintenance, and apparel/gear.
The value is gone from motorcycling... and it's insurance's fault.
It would also completely redefine "dual sport", "dual purpose", and "adventure bikes"
The Shop
The bottom line is it's easier to ride if you live in the sticks.
I remember getting up at 5 am on a Sunday in the pouring rain to go race an amateur points race and wondering what I'm doing, driving through darkness and fog to race a dirt bike. It's not like logic is really being applied here.
https://news.thomasnet.com/featured/electric-bike-technology-takes-the-…
Pit Row
Post a reply to: No easy ride: Motorcycle industry is in deep trouble and needs help fast, panel agrees