Motorbikes have become a part of daily life. Many people now turn to motorbikes to avoid the daily traffic jams and unsafe public transport problems. Motorbikes of different brands and models with different features are available in the country. Among these, finding the perfect matching bike within your budget is challenging. Buying a bike at an affordable price does not mean that you have to compromise on performance and quality. Rather, by following some smart steps and tips, you can get the perfect motorcycle according to your needs within your budget. This blog has discussed in detail the tips for buying a motorbike at an affordable price.
(1) Do market research
Research where to find the best deals. Check dealerships, showrooms, and online marketplaces, where to get the perfect deal. Keep a regular check on popular platforms like Bikroy.com, Craigslist, and Facebook Marketplace. You will find many options at affordable prices on these platforms. Here you will get new bikes with various discounts and offers. However, you need to be careful when buying second-hand bikes from online marketplaces.
(2) Set a budget
Choose a bike that suits your lifestyle, needs, and budget. Set a realistic budget. Add registration, insurance, tax, etc. costs to the price of the bike. Consider ongoing costs like future maintenance, repairs, etc. Older models may be much cheaper. If you want to buy in installments, make sure the terms are budget-friendly.
(3) Consider what kind of bike you need
Move away from high performance and focus on long-lasting suspension, tires, and engines. Choose a bike with simple features, with a small cylinder. Generally, you will get all the benefits at an affordable price in commuter and standard bikes. These bikes can provide long-lasting support. However, the speed can be a bit low and can be unsafe on highway roads.
(4) Watch out for special events like Black Friday, Clearance Sale, etc.
Look out for special events like Black Friday, flash sales, stock clearance, etc. Look out for regional seasonal sales or national dealership events. Certain outlets have discounts on certain bike models throughout the year. Dealerships also offer significant discounts on certain and older models at events, especially closeout models. Also, sometimes bikes are sold at much lower prices at ports, borders, and some auction centers. Look out for motorcycle expos or promotional events.
(5) Wait for the perfect time
When an upgraded model of any bike comes into the market, the price of the previous model decreases to some extent. Dealers give discounts on the previous year’s models. Brands here launch new or upgraded models of bikes almost every year. Also, due to the increase in competing companies, the price of bikes decreases a lot within one and a half to two years. The price of several models of bikes also decreases during the winter season, dealer incentives, etc. Also, sellers give offers and discounts during various festive seasons.
(6) Consider EMI or credit card payment facilities
Many showrooms and sellers offer EMI facilities. Which are most of the time convenient for the customer. Many banks offer discounts on credit card payments. You can take advantage of such facilities. You can consider bike loan offers from banks or various financial institutions. In these cases, check the interest rate and conditions carefully.
Some other general things to keep in mind –
(1) Check the price and availability of parts for the motorcycle you want to buy.
(2) See the offers on the official website and the Facebook page of the bicycle manufacturer.
(3) Take into account additional costs such as insurance, registration, taxes, equipment, fuel efficiency, and regular maintenance.
(4) Make a list of motorcycles with lasting performance, regular use, and low maintenance costs and compare them.
(5) Buy a bicycle of a top-level brand, these bicycles have a good resale value.
Buying a motorbike for regular communication is an important decision for many. Especially when you have a limited or fixed budget. Proper planning and research are essential to buy a motorbike at an affordable price. Since you have a limited budget, you need to find a motorbike that is long-lasting, fuel-efficient, and has high-performing specifications. Hopefully, the tips mentioned above will help you make a well-planned decision that fits your budget.
