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Rent or Buy a Motorcycle? 5 Tips for How to Decide
Posted: Sep 15, 2022
For many years, one could only have assured access to a motorcycle by buying one. If you were an occasional rider, you could borrow one from a friend, which was subject to strict conditions. However, nowadays, motorcycle dealers are providing extra options, such as renting, to cyclists who love to ride but are not ready to own a motorcycle for various reasons. Consider the tips below when considering whether to rent or buy a bike.
- Type of Riding
The first thing to consider when deciding whether to buy or rent a motorcycle is how you intend to use the bike. If you want it for daily use, the cost of leasing one would rapidly become exorbitant, and it would be better if you bought your bike.
Also, if you are looking for a unique motorcycle, such as a scooter, trike, or off-road bike, finding a rental business with specialized motorcycles may be difficult. In such a case, the only option would buy. On the other hand, if you love exploring or riding off-road, it is good to avoid rentals, as the damage caused by extreme or reckless riding can cost you a lot of money when returning the rental.
- Regularity of Use
In several parts of the country, it may be ill-advised, unpleasant, or impractical to ride a motorcycle during particular times of the year. If you live in such an area, there is no need to buy a motorcycle that will remain unused in your garage for most of the year. In such a scenario, renting a motorcycle would be the best option. Leasing is an excellent choice if you only intend to ride a few times a year for relaxation and fun. But, if you want to reduce your fuel budget by riding a bike for your daily commute, purchasing a motorcycle of your own is best.
- Cumulative Cost of Ownership
Another thing to think about when considering motorcycle ownership is the costs associated with it. First, the buying price will be hefty as a new motorcycle can be hundreds of dollars monthly. Secondly, you should also consider the maintenance cost, insurance, and accessories needed for riding. It would help to consider all factors when setting your motorcycle purchase budget. This will give you an actual picture of the entire cost and see if it suits your budget. On the other hand, rental provides a tremendously low intro point giving you access to a motorbike anytime. Payments are only made when you use the bike.
- Lifestyle
Do you yearn for variety? Are you always drooling at motorcycle shows and yearning for the day you will purchase the latest innovation? Or are you a frequent traveler? If this is you, then rental is probably your best option.
Some riders have the advantage of extra income and space. They can afford to buy multiple motorcycles, a touring bike to take long rides, and a café racer to stroll around town. It is motorcycle culture to customize your bike. You might want to replace your chrome gear cap with a skull design or something more complicated, like transforming the exhaust pipes. Buying is better than renting if you like being extra imaginative with accessories. When you lease a bike, you are expected to return it as it was, with no additions. If you own the resources, go for another bike or two.
- Customization
For those who love to wrench or advance your skills with new stunts, or you love customizing your joy and pride to make it stand out, head to your local motorcycle dealer and purchase a motorcycle. Rentals will not satisfy your lifestyle needs.
Although you may not be planning to have a bike for a long time, it is essential to equip yourself with the right motorcycle gear. Start by getting a helmet, riding jackets, gloves, pants and riding boots. You might find the items in rental shops.
Conclusion
Just as you inspect a car rental before you leave the lot, do the same for your motorcycle rental. Check the horn, brakes, signals, lights, and tires before you ride into the sunset.
About the Author
Maggie graduated from Utah Valley University with a degree in communication and writing. In her spare time, she loves to dance, read, and bake. She also enjoys traveling and scouting out new brunch locations.
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