How Much Does a Used Motorcycle Cost?

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Purchasing a pre-owned bike can be a smart, budget-friendly choice. It offers the thrill of riding without the steep price tag of a new model. In this blog, we'll guide you through how much a used motorcycle costs, what additional expenses to anticipate, and how to choose the right bike for your needs.

Average Cost of a Used Motorcycle By Type

The cost of a used motorcycle can vary widely depending on the type and its condition, age, and mileage. Here's a breakdown of what you might expect to pay on average for different types of used motorcycles:

Standard Motorcycles: Known for their simplicity and versatility, standard motorcycles are a great option for everyday use. The average cost for a used standard motorcycle ranges from $3,000 to $6,000.
Cruisers: With their comfortable riding position and classic styling, cruisers are a favorite among many riders. Used cruisers typically range in price from $4,000 to $10,000, depending on the make and model.
Sport Bikes: Known for their speed and agility, sport bikes are popular with those seeking a thrilling ride. The cost for a used sport bike can vary significantly, typically ranging from $5,000 to $10,000, based on performance capabilities and condition.
Touring Motorcycles: These bikes are built for long-distance travel, offering comfort and storage space. Used touring motorcycles are generally more expensive due to their size and features, with prices ranging from $7,000 to $15,000.
Dual Sports: Ideal for both on-road and off-road riding, dual sports are versatile and rugged. The average price for a used dual sport motorcycle ranges from $3,500 to $7,000.

NOTE: These prices are general estimates and can fluctuate based on specific market conditions, the bike’s history, and where it’s being sold. It's important to consider these factors along with the initial cost when choosing a used motorcycle.

How the Cost of a Used Motorcycle is Determined

The price of a used motorcycle depends on several factors. Age is important, as newer models generally cost more because they have more current features and less wear. Mileage matters too, because bikes with lower mileage usually have less wear and tear, making them more valuable.

The overall condition, including both the mechanical integrity and appearance, significantly impacts the price, with well-maintained motorcycles selling for higher prices. Brand reputation and demand also influence costs, as some brands are known to hold their value better than others. Understanding these factors can help buyers make informed decisions, and sellers set fair prices.

Additional Costs to Consider

When purchasing a used motorcycle, there are several additional costs you need to consider beyond just the sticker price:

Registration and Taxes: You'll need to pay registration fees and applicable taxes, which vary depending on where you live.
Financing: If you finance your used motorcycle, you also have to account for accumulated interest over the course of your loan, which can add up quickly, depending on the rate you get.
Insurance: Insurance costs can vary greatly based on the motorcycle type, your riding history, and the coverage you select.
Maintenance: Older motorcycles might require more frequent servicing or parts replacement to maintain them in good working condition.
Gear and Accessories: Don’t forget about essential safety gear like helmets, jackets, and gloves, as well as any custom accessories or modifications you may want.

Picking the Right Used Motorcycle for You

Choosing the right used motorcycle involves two things: finding a good deal and finding a bike that fits your lifestyle and riding needs. Start by considering what type of riding you plan to do—whether it's cruising city streets, touring long distances, or perhaps a mix of on- and off-road adventures. Think about the size and power of the motorcycle, especially if you are a newer rider, as a bike that's too powerful can be difficult to handle. It's also important to inspect the bike thoroughly or have it checked by a professional to ensure it's in good condition.

For more detailed guidance on making a smart purchase, be sure to check out our blog, How to Buy a Used Motorcycle, which offers valuable tips on what to look for in a used bike, helping you make an informed decision.

Find Reliable Used Motorcycles Near Scranton at North American Warhorse

Looking for a used motorcycle that you can trust? Visit us at North American Warhorse in Dunmore, close to Scranton & Wilkes-Barre, Pennsylvania. We offer a wide selection of high-quality used motorcycles, each thoroughly inspected to meet buyers’ standards. Whether you're a seasoned rider or just starting out, our knowledgeable team is here to help you find the perfect bike to fit your needs and budget. Contact us today for more information!

Summary

With the right knowledge and preparation, buying a used motorcycle can be an exciting and cost-effective way to enjoy the open road. Consider all the factors discussed here to make an informed choice that matches both your budget and your riding goals.