Now that you have finally decided to purchase a motorcycle, you now need to figure out if you want to buy new or used. There are many different pros and cons for each, and so you need to figure out your individual circumstances and try to match those to your final purchase. It is likely that you have been saving up some money over a considerable period of time, and although you would like to purchase a new bike, the condition of your finances does not allow you to do so. However, buying a new motorcycle comes with its own headaches, not least the amount of depreciation that your bike will suffer the moment you drive it out of the showroom.
If you don’t have cash on the hip, then Yamaha motor finance in Australia is probably your best choice, but you can buy both new and used motorcycles using these excellent finance plans. If you still can’t make up your mind about whether to buy new or pre-loved, then maybe the following benefits of buying used will help the point you in that direction.
- You skip the depreciation – As talked about briefly before, when you drive a new motorcycle out of the showroom it can lose up to 20% of its value immediately. When you buy a used motorcycle, you get to avoid this depreciation while still on a motorcycle that is only a year old. After the first year of ownership, the motorcycle does depreciate, but at a much slower rate.
- You still get the warranty – Many new motorcycles come with extended warranties of more than a year, so when you buy your used motorcycle, it will still have warranty left on it. This means that you get to enjoy all of the benefits without having to pay the full purchase price.
- It’s almost the same – Motorcycles today last longer than they ever have, and so the thinking that if you buy a brand-new motorcycle, that it will be more reliable is a little misleading. A motorcycle that is only a few years old is still in top condition, and all of the safety features and technology are still there.
Fair enough, you won’t have that new motorcycle smell and shine that many people want to experience at least once in their life, but you do get a quality motorcycle at a very affordable price, and this is all what most of us want.