How Much Does A Motorcycle Cost?

Let’s say you are out in the market for a motorcycle and want to know how much a good bike would cost. Answering this question might be more complicated than you think. There are several categories, brands, and classes of motorcycles, each with a distinct price tag. 

Since several alternatives are available, you must choose the one that fits your budget and needs. The general rule of thumb says the more money you spend, the more benefits you get from the bike. So it shouldn’t be surprising that high-performance and heavy-duty models are more expensive. 

There are also several factors to consider when purchasing a bike. To prevent overpaying on a motorcycle, you should also evaluate your preferences and degree of experience. In this article, we will address all the common queries about motorbike prices!

Common Price Points

The price range for brand-new motorcycles can range from $4,000 to $6,000 for an entry-level model to over $30,000 for high-end models. The majority of motorcycles are priced somewhere around the middle. Most brands have a slew of fantastic models priced between $6,000 and $15,000.

Let us go through the various types of motorcycles to give you an idea of how much each type generally costs. We’ll also look at a few standard models and their prices!

Factors That Impact Motorcycle Costs

There are several factors that determine the cost of a motorcycle, and different people prioritize different aspects for their specific needs. Let us go through some key factors to help you figure out your priorities.

Engine Size

A motorcycle’s engine size is the most critical factor affecting its pricing. Engine size, commonly known as displacement, is typically measured in cubic centimeters (CCs). The higher the CC, the more expensive the motorcycle.

Motorcycles typically range in capacity from 400CC to 1000CC. Motorcycles with engines ranging from 50CC to 350CC are termed “lightweight.” Middleweight motorcycles usually have engines ranging from 400CC to 950CC. And the heavy bikes have engines ranging from 1000CC to 6500CC.

There are also some unusual versions on the market, for example, Boss Hoss cruisers with astounding 4000-6500CC engines. But note that this is a unique engine. 

When buying a motorcycle, you should get an engine with a high CC if it fits your budget. The primary benefit of a greater CC in a bike is that it has more power and torque. However, bear in mind that, in addition to engine displacement, the style of motorbike and the number of cylinders significantly impact machine performance.

Horsepower (HP)

The amount of physical force produced by a motorcycle is measured in horsepower units (HP). While a bigger engine does not always mean a more powerful one, the two factors generally share a link. 

Motorcycles with higher horsepower are generally more expensive. So it is crucial to determine how much power you need. There is no point in buying a powerful engine if you don’t plan on utilizing it fully.

Brands

A motorcycle’s brand value significantly impacts its price. For example, Suzuki’s entry cost will differ from Cruiser’s. 

When you pay for a brand, you are also paying for its reputation for excellence. While it is good to buy from a trusted brand, ensure you get the most value in terms of performance.

Body

Motorcycles with particularly eye-catching body styles and higher-quality body materials may be more expensive.

Additional Features

One of the most common factors increasing a motorcycle’s price is adding features and upgrades. For example, built-in GPS, satellite radio, anti-lock brakes, panniers, etc. The more you add, the more you’ll pay.

Consider Buying A Used Motorcycle

If you’re worried about your budget, you’ll be glad to know that motorcycles, like other vehicles, lose value with time. Therefore, an older model will almost always cost less than a new version of the same type unless it’s rare enough to be regarded as a collector’s item.

If you’re looking for a second hand motorcycle, you might be able to get an excellent one for a lot less money. Used bikes are frequently advertised online for 20 to 50% or more off MSRP. However, there are certainly financial considerations when purchasing a secondhand bike.

Buying a motorbike from a private seller is another viable alternative. Because the private dealers often give the best discounts. General classified sites usually feature a large range of second hand bikes, but it is always worth looking into specialist motorbike trade sites.

Before buying a used motorcycle, you should: 

• Research the used market for that exact type of bike and see how the KBB price compares.
• Note that the bike should have a clean title, and the vendor should be able to present the original document without difficulty.
• Understand how aftermarket items added to the motorcycle might impact its worth.

Maintenance Fees

Standard motorbike maintenance costs roughly $1,000 per year or more. Upkeep will be more for luxury motorcycles. When considering other service items, you should budget an extra $600 to $1500 on top of your regular expenses.

Just as the prices of new and used motorcycles vary, so will the cost of servicing your bike. It also depends on the model of the motorbike, how much you ride, the environment you keep it in, and so on.

While the expense of servicing your motorbike can initially seem high, you will find that regularly maintaining it will save you money in the long term. There are other service charges except for the maintenance fees.

Conclusion

Now that you know more about a motorcycle’s pricing, you can make an informed decision. Research is vital when purchasing, and you need to be specific about what you want. 

So make a list of what you want from your motorcycle and fix your budget. It might be tempting to buy a brand new bike, but if needed, don’t be afraid to go for a used bike. They offer much better value and perform just as well as brand new motorcycles. Just be sure to research properly, and you should be good to go