The Total Cost of Owning a Motorcycle
On the fence about owning a motorcycle? While these vehicles can be quite the commitment, they’re often more affordable than owning a car in both sales price and long-term expenses. To help you decide once and for all if a motorcycle is the right vehicle for you, we recommend checking out our article below on the true cost of owning a motorcycle.
Initial Expenses
Figuring out the initial expense for your new motorcycle can be tricky. Both motorcycle models and gear can vary greatly in price based on their quality and branding, making it difficult to estimate how much your items may cost. On average, a new motorcycle will cost anywhere from 7,000 to 35,000 dollars, while motorcycle gear will come in around 1,000 to 1,500 dollars. If you’re shopping for a used model, you can expect your motorcycle to come in around 4,000 to 15,000 dollars.
Long-Term Costs
To make sure you’re fully prepared for motorcycle ownership, it’s important that you consider your long-term expenses before you make any important decisions. Motorcycle insurance, maintenance, and gas are all monthly bills you’ll need to take into account when budgeting your new vehicle. While these costs can vary greatly depending on how often you ride your motorcycle, on average your motorcycle’s insurance will cost 200 to 500 dollars a year, while gas will clock in at about 300 dollars annually. Maintenance may vary based on the age of your vehicle but typically comes in at around 1,000 dollars a year.
Ready to start shopping for your new motorcycle? Then look no further than our location here in Westminster, CA! We proudly serve both Orange County and the city of Los Angeles, CA, here at Indian Motorcycle® of Orange County, and offer an enormous selection of motorcycle models, parts, and gear for you to choose from.