Dirt biking is an exciting and thrilling sport, whether as a hobby or as a competitive activity. If you're looking to get into dirt biking, one of the first decisions you'll need to make is whether to buy a used dirt bike or buy a new dirt bike. In this article, we'll discuss the pros and cons of each option.
When it comes to buying a dirt bike, you'll need determine your budget. This will help guide down the path to buy a used dirt bike or to buy a new dirt bike.
Top 5 Tips on Buying a Used Dirt Bike - What Things to Look For (Save Time, Save $$$)
by The MX Factory
Cost - Used dirt bikes are generally less expensive than new ones, which can be a big advantage if you're on a budget.
Selection - You'll have a wider selection of used bikes to choose from, which means you're more likely to find the exact bike you're looking for. Currently, there is an abundance of used bikes on the market. The market is always moving, so it may be different at the time of reading this.
Value - Because used bikes have already gone through their initial depreciation, they tend to hold their value better than new bikes.
Negotiation - When buying a used dirt bike, there is usually more room for negotiation on the price, which can result in further cost savings.
Warranty - A new dirt bike typically comes with a manufacturer's warranty, giving you added peace of mind in case something goes wrong.
Reliability - With a new bike, you don't have to worry about the wear and tear that comes with a used bike. You can be confident that everything is in top condition and ready to ride.
Customization - If you have a specific vision in mind for your dirt bike, buying new gives you the opportunity to customize it exactly how you want it.
Latest Technology - When you buy a new dirt bike, you're getting the latest technology and features available in the market. This means that you'll have a bike that is designed to be more efficient, reliable, and safe.
Financing - If you can't afford to pay for a dirt bike outright, buying a new one often means that you can finance the purchase. This allows you to spread the cost over time, making it more affordable. In addition, if you're paying too much on your loan, you could save money every month by refinancing your existing loan. Learn more here.
Cost - New dirt bikes are generally more expensive than used ones, so you may have to spend more money upfront.
Depreciation - As soon as you ride a new bike off the lot, it loses a significant amount of value. This means that if you decide to sell the bike in the future, you'll likely get less money for it than what you paid.
Limited Selection - Depending on the dealer, you may have a limited selection of new bikes to choose from, which could limit your options.
Less Room for Negotiation - When buying a new dirt bike, there is usually less room for negotiation on the price since the bike is new and the dealership has already invested money in it.
In conclusion, both new and used dirt bikes have their advantages and disadvantages. While a new bike may offer the latest technology, warranty, and peace of mind, it may also come at a higher price point. On the other hand, a used bike may be more affordable but could come with hidden mechanical issues and require more maintenance.
Ultimately, the decision to buy a new or used dirt bike comes down to budget. By doing your research, weighing the pros and cons, and seeking expert advice, you can make an informed decision that meets your needs and fits within your budget. As you plan your budget, be sure to factor in motorcycle insurance to further protect your purchase.
At Full Throttle, we have partnered with Cycle Trader to make it easy to search and buy bikes directly on our platform. Click here to find new & used motorcycles near you.