when buying a motorcycle what are thing that i need to know when purchasing.?

Question

i am wondering what are the total expenses i will need to add up while buing. such things inclue the price of the bike, the title, the taxes. what are the special add ons to my bill?

i'm a first time motorcycle buyer.

Answer 1

Make sure you have accounted for insurance. Depending on your age, the type of bike and the intent of usage (commute vs leisure) it can be a significant cost and may be required if your are financing the vehicle.

And if you are financing, you might see if they can finance enough money to buy protective gear (which is a very wise decision). $200 for a helmet is a small price to pay for some head protection. Likewise, I'd recommend getting a jacket (not a poser jacket, but one intended to help protect you from road rash), motorcycle boots, gloves, and some moto-pants. That extra $600-800 bucks would be worth everything in a slide.

If you are using a bank to finance the bike, you might also have them review the proposed cost of the bike. They can make recommendations on perhaps stuff that shouldn't be on the breakdown (sometimes there are crate fees, dock fees, transportation, assembly...and occasionally you can get those fees waved, especially if the bank doesn't agree with them).

If you don't yet have your license, I'd highly recommend a Motorcycle Safety Foundation course. Even though I'm sure you know how to ride, you can get some good tips that can make all the difference with your new bike.

Keep the rubber side down and have a good one! Congrats on the new bike!

Answer 2

First, go to this website; http://www.cyclebuy.com

Then go to the dealer armed with some good info. Watch the add on charges, they are almost always profit centers for the dealership. Know that extended warranties are too. The average mark up on them is 100%. That being said an extended warranty can be a good thing, but ONLY if you plan on keeping the bike for several years, and ONLY if you negotiate the price down to a reasonable level.

Keep in mind that a dealership is a businesses. They should make a profit, but shouldn't be paying for the owners kids to go to college on each sale. Select a dealer based more on customer service than price alone. Personally, I'd rather pay a little more for a bike from a shop that is run by enthusiasts that understand what service means, than pay less from a shop run by a CPA that can't tell the differeance between a two stroke and a four stroke.

Good luck!

Answer 3

If you have a town or city website, visit it and it may give you an idea of what the registration fees will be. As far as the taxes, it's usually the percentage of whatever you pay for your every day items. Whatever that percentage is you can figure it out by the cost of the bike. Title fees are usually under $100.00. Sometimes the dealers will charge just what it actually costs, sometimes they will charge a doc prep fee besides.

Just remember any new motorcycle, you can negotiate the price. Do not pay what they are asking. You should be able to get 5-10% off the price. The best advice I can give you with price is be willing to walk away. If you make them an offer and they say the can't do it, just say I have to think about it, here's my number give me a call if you can go lower on your price. Chances are they will go down more immediately or they will call you in a day or two. Remember there are other dealers. Sometimes you can use two dealers to get the best price.

Also, call local banks and get an idea of interest rates if you are going to get a loan. That way you will have an idea if they are offering you a decent rate. Remember the rate can be talked down too

Good luck!

Answer 4

relies upon on your adventure and preferrence. do you opt for to speed or cruise? once you're a newby. I consider the reply of shopping for a cheap learner bike. you may purchase a first rate bike for a grand and promote it a year or 2 later for not a lot of a loss. it will circumvent earnings case you drop it. My adventure i purchased a Honday Magna that treated me solid. I were given countless driving adventure on that. Then i purchased a Fatboy that i respect. i have had that for years. in case you purchase a learner bike then walk round bike sellers and get an theory what you opt for. when you've some adventure you'll have a more desirable theory of what you want.