Did you recently buy a motorcycle and find yourself wondering why your wallet is emptier than your old VHS collection?
You’re not alone, and it’s okay. While we’re here together, let’s talk about saving some cash on motorcycles.
Motorcycles aren’t always the money-saving machines they’re cracked up to be. Sure, you might not pay for parking, and they are generally more fuel-efficient than a car, but if you bought one as a second vehicle, the savings might not be as high as you thought. Splitting the kilometers between a car and a bike doesn’t necessarily reduce costs; in fact, it might take years for the motorcycle to pay for itself. But don’t worry, there are a few ways to save money if you know how to do it.
1. Mods
Modifying your motorcycle can make it sound or handle better, but do you really need to? Before shelling out for a new exhaust, check online for ways to modify your stock pipe for a cheaper solution. If you’re craving a louder sound or a sleeker look, drilling out the baffle might be a cost-effective alternative.
When it comes to performance upgrades, think twice before splurging. Have you checked your suspension settings? Many bikes are designed for an average-sized rider, so adjusting your suspension could make a significant difference without the need for costly upgrades. Sometimes, a good setup and proper tire maintenance are all you need.
2. Do Basic Maintenance Yourself
This is a recurring theme because it’s essential and can save you a lot of money. For instance, an oil change and a new chain might cost around $225 in parts. However, taking it to the dealership could double that cost after adding in labor fees. Learning to perform basic maintenance yourself can save you hundreds of dollars. With the right tools and a service manual, you can tackle these tasks and get to know your bike better in the process.
3. Maintain Your Riding Gear
Is your once-white jacket looking a little brown? Believe it or not, you can wash your riding gear! Just pop out the pads, toss the textile gear in the washing machine, and you’re good to go. Leather gear might require some spot cleaning, but a little effort can save you from having to buy new gear every season. A quick tip: placing a dryer sheet in your gear after washing can help mask odors.
Remember, buying the fanciest gear isn’t always necessary. Price and safety are not always directly correlated. Opt for gear that meets safety standards without breaking the bank. One place not to skimp, however, is footwear. Proper motorcycle boots offer protection that regular work boots can’t provide.
4. Avoid Buying an Expensive Motorcycle
You don’t need to spend a fortune to enjoy a great ride. Consider buying used or looking at older models that still pack more power than you’ll ever need. For example, instead of splurging on a brand-new hyper naked bike, look for a well-maintained older model that costs a fraction of the price. You can always upgrade later, but being smart about your initial purchase can save you thousands.
5. Choose the Right Tires
Super sport tires might look cool, but do you really need them? Sport-touring tires handle perfectly fine on the street and last longer, saving you money in the long run. If you’re not spending a lot of time at the track, opt for tires that match your riding style. Being honest with yourself about your needs can help you avoid unnecessary expenses.
6. Properly Store Your Motorcycle
If you live in a place with a seasonal riding climate, make sure you winterize your motorcycle properly. This includes topping off the gas tank, putting the bike on a tender, and mouse-proofing your storage area. Even if you park your bike outside, investing in a quality cover can prevent sun damage, rust, and other environmental wear and tear. Proper storage prevents costly repairs when riding season returns, and security measures like disc locks and chains can protect your investment from theft.