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CrushinFelt 08-02-2007 03:14 PM

Leasing A Motorcycle
 
Thinking about leasing one for three months when the weather is really nice here in Chicago.

Anyone have any experience with this?
What kind of prices would I be looking at for a 3-month lease?

*I'm talking about the sporty motor cycles not harleys and such.

Discuss.

Naked 9 08-02-2007 03:29 PM

Re: Leasing A Motorcycle
 
I've never heard of dealers leasing motorcycles. None of the dealers near me do that. How long have you been a rider?

XXXNoahXXX 08-02-2007 03:33 PM

Re: Leasing A Motorcycle
 
yeah do you have a motorcycle license?

i've never heard of many places doing a 3-month lease...especially for bikes.




(also, people that end their posts with "Discuss." come across as huge douchebags, particularly when they are looking for advice and not really a discussion.)

bi11 frist 08-02-2007 03:41 PM

Re: Leasing A Motorcycle
 
ummm, you might want to look into learning how to ride before thinking about leasing one. the fact that you would think about leasing a bike for 3 months over the summer shows me that you have never ridden. people that think they'll just hop on one and cruise around are the ones who end up dead.

DCal Zone 08-02-2007 04:05 PM

Re: Leasing A Motorcycle
 
I took a week long safety course to get my license. I would highly recommend something like that.

You can also get a small sporty used bike in good shape for like $2000. Just buy one.

CrushinFelt 08-02-2007 04:15 PM

Re: Leasing A Motorcycle
 
I was under the impression that it doesn't take that long to get a motorcycle liscense, so why is that an issue here?

"people that think they'll just hop on one and cruise around are the ones who end up dead"

lol, wtf

"I took a week long safety course to get my license. I would highly recommend something like that."

Thanks, I'd definitely look into doing something like that.

So the consensus is that bikes typically aren't leased? What immediate reduction in price would I be looking at if I bought one and sold it three months later?

I would think that leasing these things would be a great idea. Afterall, who the [censored] wants to own one in a place where the weather is cold majority of the time? I would think leasing would be the perfect thing to do for anyone living in the northern half of the US.

CrushinFelt 08-02-2007 04:16 PM

Re: Leasing A Motorcycle
 
Also... $2,000? The ones I've looked at online are north of 5k easy.

XXXNoahXXX 08-02-2007 04:17 PM

Re: Leasing A Motorcycle
 
[ QUOTE ]
I was under the impression that it doesn't take that long to get a motorcycle liscense, so why is that an issue here?

"people that think they'll just hop on one and cruise around are the ones who end up dead"

lol, wtf

"I took a week long safety course to get my license. I would highly recommend something like that."

Thanks, I'd definitely look into doing something like that.

So the consensus is that bikes typically aren't leased? What immediate reduction in price would I be looking at if I bought one and sold it three months later?

I would think that leasing these things would be a great idea. Afterall, who the [censored] wants to own one in a place where the weather is cold majority of the time? I would think leasing would be the perfect thing to do for anyone living in the northern half of the US.

[/ QUOTE ]

Ok, so they lease it to you for the summer, the best time to use it. And then what, keep it in a warehouse all winter?

This is what makes me think that leasing would either not exist or be prohibitively expensive.

CrushinFelt 08-02-2007 05:39 PM

Re: Leasing A Motorcycle
 
It's not like leasing and selling are mutually exclusive. Lease them over the summer and then mark them down and sell them in the winter. And if you don't want someone to mark down a new bike that just came out then only let them lease the year-old models.

n.s. 08-02-2007 05:42 PM

Re: Leasing A Motorcycle
 
Even if someone was willing to do such a short-term lease, the insurance that you'd have to carry would be really expensive. Most shops won't even let people test-drive motorcycles because it's so easy to damage them (just getting off it wrong and dropping it can do lots of damage to a fancy bike).

If you really want to do this, take the safety course ASAP. At the end of it, you'll take a written test and have a learner's permit. Then go buy a used bike (there's tons on craigslist) for like $500 and ride that. At the end of the summer, just sell it to someone else. Generally you can sell an older bike for the same that you paid for it (unless you [censored] it up) so you may not take any loss at all. Even if you have to cut the price down because you are selling in the fall, whatever hit you take is still going to be way less than you'd pay to lease a new bike.

Either way you do it, you don't want to start riding on a brand-new fancy sportbike.

wadea 08-02-2007 06:12 PM

Re: Leasing A Motorcycle
 
[ QUOTE ]
I was under the impression that it doesn't take that long to get a motorcycle liscense, so why is that an issue here?

"people that think they'll just hop on one and cruise around are the ones who end up dead"

lol, wtf



[/ QUOTE ]

Dude, you're being naive. Motorcycles are dangerous. When it's smooth riding, it's easy to think you know what you're doing. Once you find yourself in a spot is when you're training saves you. A good example is that you don't know what counter-steering is. Googling it isn't good enough. You actually need to practice it and feel it in real life. I'd estimate that, despite their apparent ability to ride a cycle, 80% of riders don't counter-steer properly, causing a sizable lag between deciding to turn and actually turning. Leaning doesn't do it. You can tell by watching people.

Leasing sounds like a horrible idea and suggests to me that you're not serious about learning to ride.

If you want to ride, take a safety course that is at least 30 hours worth of instruction. And buy a cheap cycle for your first bike. You're a heavy favorite to drop it at least once. Not necessarily while moving, but stopped at an intersection it'll be leaning too far and you won't be able to right it. Trust me.

Qualifications: Graduate of California Motorcycle Safety Program, licensed motorcyclist, long-time motorcyclist, owner of a 1983 Suzuki GS550E. No accidents.

Klompy 08-02-2007 06:20 PM

Re: Leasing A Motorcycle
 
I think you should look into if places even lease motorcycles before this discussion continues. I'm pretty sure they don't, or at least not for 3 months.

edit: a quick google search shows I'm wrong and places do exist that will lease them. I still have my doubts on 3 months though.

CrushinFelt 08-02-2007 06:58 PM

Re: Leasing A Motorcycle
 
[ QUOTE ]
[ QUOTE ]
I was under the impression that it doesn't take that long to get a motorcycle liscense, so why is that an issue here?

"people that think they'll just hop on one and cruise around are the ones who end up dead"

lol, wtf



[/ QUOTE ]

Dude, you're being naive. Motorcycles are dangerous. When it's smooth riding, it's easy to think you know what you're doing. Once you find yourself in a spot is when you're training saves you. A good example is that you don't know what counter-steering is. Googling it isn't good enough. You actually need to practice it and feel it in real life. I'd estimate that, despite their apparent ability to ride a cycle, 80% of riders don't counter-steer properly, causing a sizable lag between deciding to turn and actually turning. Leaning doesn't do it. You can tell by watching people.

Leasing sounds like a horrible idea and suggests to me that you're not serious about learning to ride.

If you want to ride, take a safety course that is at least 30 hours worth of instruction. And buy a cheap cycle for your first bike. You're a heavy favorite to drop it at least once. Not necessarily while moving, but stopped at an intersection it'll be leaning too far and you won't be able to right it. Trust me.

Qualifications: Graduate of California Motorcycle Safety Program, licensed motorcyclist, long-time motorcyclist, owner of a 1983 Suzuki GS550E. No accidents.

[/ QUOTE ]

The fact that I want to lease is merely because I have nowhere to put a bike through the winter nor do I want to be paying for one while I'm not using it.

Also, to assume anyone that wants to lease is "not serious" or "are the ones that end up dead" is [censored] stupid. I'm about to get rid of my car up here because I never need it and I thought some riding during the summer wold be a good idea and some fun.

That doesn't mean, "OMG I WANT TO GO 500!!!! WHERES A LIGHT POLE?!?!?! THERES ONE!!!! IMA GO RUN INTO IT WEEEEE!!!!" [censored] moron

I had in mind some thoughts on bike upkeep, financing for a lease (which i guess doesn't exist for bikes), and any other things I may want to keep in mind while shopping.

Instead I get a bunch of [censored] life nits and a lecture lol

And way to cut off the part where I said I'd definitely look into a safety course

KJS 08-02-2007 07:02 PM

Re: Leasing A Motorcycle
 
[ QUOTE ]
Also... $2,000? The ones I've looked at online are north of 5k easy.

[/ QUOTE ]

I have 2 serviceable bikes that I got for $2300 total.

Are you getting one to get around, enjoy the feeling of riding or to show off/pick up chicks? You can do the former for quite cheap. The latter will cost you a lot more. Your online browsing makes me think you are in for the latter.

KJS

CrushinFelt 08-02-2007 07:14 PM

Re: Leasing A Motorcycle
 
[ QUOTE ]
[ QUOTE ]
Also... $2,000? The ones I've looked at online are north of 5k easy.

[/ QUOTE ]

I have 2 serviceable bikes that I got for $2300 total.

Are you getting one to get around, enjoy the feeling of riding or to show off/pick up chicks? You can do the former for quite cheap. The latter will cost you a lot more. Your online browsing makes me think you are in for the latter.

KJS

[/ QUOTE ]

It's not for showing off, but I'm not looking to ride something that makes me feel like I'm riding an old bike.

There's no question I want a sports bike, and the couple of sites I looked at didn't have older than a 2005 or 2006 and they were all at least about 3k absolute minimum.

Kingodaring 08-02-2007 07:32 PM

Re: Leasing A Motorcycle
 
You wont be able to find a lease for 3 months. Secondly, with a lease you'll have to carry full coverage. Which on my R1 was pushing $600 a month. Yes thats 5k a year. Moral of the story. Buy one for cash, get liability, and have fun.

JasonK 08-02-2007 08:09 PM

Re: Leasing A Motorcycle
 
[ QUOTE ]
You wont be able to find a lease for 3 months. Secondly, with a lease you'll have to carry full coverage. Which on my R1 was pushing $600 a month. Yes thats 5k a year. Moral of the story. Buy one for cash, get liability, and have fun.

[/ QUOTE ]

You must have a horrible driving record. I pay like $40/month for full coverage on an R6.

bluey 08-02-2007 11:26 PM

Re: Leasing A Motorcycle
 
read this page and decide if you really want to have a bike.
[ QUOTE ]
In 2005, motorcyclists were 37 times more likely than passenger car occupants to die in a crash, per vehicle mile traveled.

[/ QUOTE ]
http://home1.gte.net/res0ak9f/bike.htm


http://www.msf-usa.org/

take one of those classes. buy a used kawasaki ex500, not pretty but decent enough and fairly cheap.

EYEWHITES 08-02-2007 11:43 PM

Re: Leasing A Motorcycle
 
its been awhile since i sold mine but here it goes

i think if you goback to 2004, every thing is probably carurated (SP?), mine was a 2004 and carb, so therefore alittle cheaper than the fuel injected ones. for me it was a little eaiser to work on being that way to.

If you dont have alot of experince driving one you should defintly take the class. I had a fair amount of experince riding but had to take the class because the military required it, and it was the most benifical thing i ever did riding motorcycles. I dont know any serious rider that has taken that course and thought it was a waste of time, i even met a few people to ride with there, and ended up going out with a pretty large group that taught me alot more.

if you want to buy a motorcycle, the best would to look online or in classifieds, alot of people get buyers remorse, or drop there bike, dent itmaybe lay it down and are looking to get rid of it. So you can get it alot cheaper than a dealer if you do some work yourself.

i have never hear of a dealer doing a lease that short. When i bought my bike it was like 4.5k, i sold it a year later for 4k.

so it could actually be cheaper if you go that route than leasing....just something to think about.
i was 22 at the time, and high insurance so i paid cash and got [censored] insurance. i dont know your finical situation but i think thats the best option.

if you get in with a good riding group, make some friends, and you still have your bike in the winter...im sure a friend would let you put it in his garage. I did it for one of my friends, and he just brought a six pack around every now and then, worked out well.

Maulik 08-03-2007 12:09 AM

Re: Leasing A Motorcycle
 
Take the BRC, get back to us. I took the course, spend hours riding and [censored] up three weeks after buying my bike. Totaled for the win.

Buy a beater, beat it up.

ncboiler 08-03-2007 12:11 AM

Re: Leasing A Motorcycle
 
[ QUOTE ]
yeah do you have a motorcycle license?




[/ QUOTE ]

I have always been told that these are for chumps

edfurlong 08-03-2007 12:14 AM

Re: Leasing A Motorcycle
 
[ QUOTE ]
[ QUOTE ]
yeah do you have a motorcycle license?




[/ QUOTE ]

I have always been told that these are for chumps

[/ QUOTE ]

Seriously, how are they gonna catch you? Those stupid horses sure aren't gonna do it.

ncboiler 08-03-2007 12:20 AM

Re: Leasing A Motorcycle
 
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
yeah do you have a motorcycle license?




[/ QUOTE ]

I have always been told that these are for chumps

[/ QUOTE ]

Seriously, how are they gonna catch you? Those stupid horses sure aren't gonna do it.

[/ QUOTE ]

It's not because the horses are stupid. It's because they can't grip the throttle or steering wheel.

wadea 08-03-2007 12:46 AM

Re: Leasing A Motorcycle
 
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
I was under the impression that it doesn't take that long to get a motorcycle liscense, so why is that an issue here?

"people that think they'll just hop on one and cruise around are the ones who end up dead"

lol, wtf



[/ QUOTE ]

Dude, you're being naive. Motorcycles are dangerous. When it's smooth riding, it's easy to think you know what you're doing. Once you find yourself in a spot is when you're training saves you. A good example is that you don't know what counter-steering is. Googling it isn't good enough. You actually need to practice it and feel it in real life. I'd estimate that, despite their apparent ability to ride a cycle, 80% of riders don't counter-steer properly, causing a sizable lag between deciding to turn and actually turning. Leaning doesn't do it. You can tell by watching people.

Leasing sounds like a horrible idea and suggests to me that you're not serious about learning to ride.

If you want to ride, take a safety course that is at least 30 hours worth of instruction. And buy a cheap cycle for your first bike. You're a heavy favorite to drop it at least once. Not necessarily while moving, but stopped at an intersection it'll be leaning too far and you won't be able to right it. Trust me.

Qualifications: Graduate of California Motorcycle Safety Program, licensed motorcyclist, long-time motorcyclist, owner of a 1983 Suzuki GS550E. No accidents.

[/ QUOTE ]

The fact that I want to lease is merely because I have nowhere to put a bike through the winter nor do I want to be paying for one while I'm not using it.

Also, to assume anyone that wants to lease is "not serious" or "are the ones that end up dead" is [censored] stupid. I'm about to get rid of my car up here because I never need it and I thought some riding during the summer wold be a good idea and some fun.

That doesn't mean, "OMG I WANT TO GO 500!!!! WHERES A LIGHT POLE?!?!?! THERES ONE!!!! IMA GO RUN INTO IT WEEEEE!!!!" [censored] moron

I had in mind some thoughts on bike upkeep, financing for a lease (which i guess doesn't exist for bikes), and any other things I may want to keep in mind while shopping.

Instead I get a bunch of [censored] life nits and a lecture lol

And way to cut off the part where I said I'd definitely look into a safety course

[/ QUOTE ]

Why do you think you're getting so much negative feedback? It's not because everyone here has some vendetta against you. It's because you're blinded by the exciting prospect of getting a motorcycle and you're about to make a poor decision. You asked for advice and you're getting it. Don't be a baby.

bluey 08-03-2007 01:54 AM

Re: Leasing A Motorcycle
 
[ QUOTE ]
Take the BRC, get back to us. I took the course, spend hours riding and [censored] up three weeks after buying my bike. Totaled for the win.

Buy a beater, beat it up.

[/ QUOTE ]

better than me. i took the class and i wrecked mine 7 days later.

CrushinFelt 08-03-2007 09:24 AM

Re: Leasing A Motorcycle
 
Thanks Bluey and Eyeswhite. That bike is the type of thing I'm looking for. Something sports but won't cost me $5k+. I guess it looks like the best option is going to be to buy a bike that should hold its value fairly well so I can sell it off after a few months.

and lol at me making a poor decision because I want to do something exciting... life nit

my best friend's brother's best friend just died in a motorcycle accident so it's not like I'm unaware that being irresponsible can get you hurt/killed; but that doesn't equate to not buying a bike; that equates to not being a moron once I buy my bike


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