Buying Your First Motorcycle: Get the new or used motorcycle that is right for you. Empower yourself with information that will guide you though the motorcycle buying process.
If you are in the market to buy your first motorcycle a big welcome to an exciting new lifestyle! Enjoying your first motorcycle will create so much new excitement in your life. Choosing the bike that is right for you is a big undertaking. Below with our first time motorcycle buying guide you will find lots of great tips and information on buying a first motorcycle that is right for you.
When buying your first motorcycle the most important thing to consider is your riding experience. If you feel pretty comfortable riding you may consider buying a larger cc (650cc or more) motorcycle. On the other hand, if you are not that experienced you may consider a smaller cc (500cc or less) motorcycle that is on the lighter side.
Another important thing that will help you narrow down your choices is the amount of money you will spend. Perhaps you will get financing and must determine how large a loan you wish to take out. On the other hand maybe you have cash.
Once you have narrowed down your choices based on riding experience and amount you want to spend, your choices will be much more focused. You will next want to consider the style of bike that you think you will enjoy. The following are various styles of motorcycles available today:
Cruisers Cruisers are best known as a result of Harley Davidson, who sells more cruisers per year than any of its competitors. Cruisers are known for their classic styling, and chromed out custom accessories. Typically, they appeal to the riders who desire the freedom of the open road. They also appeal to those that want to customize their motorcycle with chrome and accessories. Cruisers can run from $2900 - $20,000. Harley Davidson has the most expensive mass produced cruisers. The Japanese companies like Honda, Suzuki and Yamaha, have look a like Harley style cruisers for much less money. If you are a new rider and are buying your first motorcycle you will have no problem finding a cruiser to fit your need.
Touring Touring motorcycles are the RVs of the motorcycle world. These motorcycles are built to tour around the United States. They frequently have CD players and all the top of the line amenities. The price range for touring motorcycles is typically $10,000 - $20,000. Because touring models are very large and are very heavy they are not recommended for those buying their first motorcycle.
Sport Bikes - Sport Bikes are the Ferraris of the motorcycle world. They are built for performance, speed and handling. You will also find sport bikes have incredible styling. Typically, sport bikes have been produced from racing replicas and have the best aerodynamics and lightest weight to horsepower ratio of any other motorcycle. Sport Bikes can range in price from $5000 - $20,000. Typically sport bikes are extremely well balanced so new riders buying their first motorcycle can adapt to them fairly easy. However, sport bikes are extremely powerful so unconfident riders should consider starting on a 500 cc or less bike.
Standards Standard motorcycles are just what the name describes, a motorcycle that is very plain and standard. They typically have up right seating positions and styling or customization is not a priority. Standard models are highly reliable and great for commuting since they get good gas mileage. These bikes typically have a price point from $4000 - $7000. While there are some old out dated models in this segment, new models like the naked Suzuki SV650 can battle with the best on the street. For those buying their first motorcycle standard models are by far the best motorcycle for first time riders.
Dual-Purpose - Dual Purpose motorcycles can be used on both the street and dirt. They typically have a dirt bike feel, with knobby tires, but also have headlights, and turn signals to make them street legal. Dual Purpose models can range from $3,000 - $10,000, but most of them average $6,000. These motorcycles are great new riders buying their first motorcycle.
Once you have selected the style of motorcycle you want to purchase, the next step is to get ready to buy your first motorcycle. Before you enter a dealership, make sure you have done all your homework on each of the models you are interested in. Towards the end of your research, you will want to do a little price shopping online at local dealers. During your research you will see which dealerships are more willing to negotiate the best deal for you. Sometimes you can tell which dealers will sell below MSRP by checking dealership advertisements in Cycle Trader.
After finding the best dealership, be prepared so you can negotiate the best deal. Typically, a motorcycle dealership is less intense than an auto dealership. Think of the negotiating process as a challenge and do not let it discourage you from buying your first motorcycle. You deserve to enjoy the freedom of owning your first motorcycle.
Below in our resource you will find our highly professional partners that can help you with buying your first motorcycle.
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Guaranteed Motorcycle Loans - Get A Guaranteed Motorcycle Loan
This allows you to enter the dealership with cash in hand, which can help with negotiating a better deal on your motorcycle. With an online motorcycle payment buying first motorcycle calculator you can change interest rates, down payments, and terms to determine how it will affect your monthly payment.
Used Motorcycle Loans - Online Used Lender's Guide
Buying a used motorcycle is supposed to be an exciting hassle free experience. Once you get a response from the different lenders you can compare interest buying first motorcycle rates and terms and select the best option. Online, you can get loans from top quality lenders who provide some of the lowest interest rates available on used motorcycles. As you will see in our resource section below, some online lenders will allow you to submit one application, and get you a quote from several different banks.
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Online there is lots of competition for your business. Do not be afraid to have motorcycle lenders buying first motorcycle compete. This will ensure you get a great deal on motorcycle financing and make your dream of owing a new motorcycle become a reality!
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If you have bad credit you should be very selective in which lenders you allow to check your credit. Another consideration is that you will want to ensure you get a simple interest motorcycle loan. Avoid Rule of 78 motorcycle loans because they penalize you if buying first motorcycle you pay off your bike early. Motorcycle financing does not have to be difficult.
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You will find these lenders easy to deal with and highly professional. Many credit repair agencies can help you by buying first motorcycle evaluating your credit report and finding error that can raise your credit score. If you are like most people you would rather spend your time on the open road enjoying the motorcycling lifestyle.