Purchasing a motorcycle can be a big investment as there is a lot of choice out there. With the price of gas as high as it is, motorcycles are becoming a better transportation choice in order to save money. Understand the type of bike you are after and the engine size. A new rider should start with a smaller engine. Not only will the bike be more manageable, but insurance companies often based the rate of insurance on engine size as well as rider experience. Some insurance companies will also base motorcycle insurance rates on the type of motorcycle; sport bikes tend cost more for insurance because of the racing style of the bike and the type of driver they attract.
Used motorcycles can certainly be cheaper than new ones but knowing what to look for can be daunting. Purchase a bike that is already certified; this will save you money and time by not having to prepare the bike for certification. You're also guaranteed that the motorcycle is ready for the road and can be driven immediately. When purchasing a used bike, regardless if it's certified, you should do a thorough check to make sure it is as described. Look for these things when purchasing a used bike:
Purchasing your bike through a motorcycle dealer can give peace of mind to a new rider. They offer good value and excellent warranties if any repair or maintenance is needed for the bike. The staff has incredible knowledge on the product they sell and are willing to spend the time making sure that you get the bike you want.
Before going after that new bike, shop around for a motorcycle loan. There are a lot of financial institutions willing to give loans for a motorcycle. The time invested here can save you money later, as well as giving you a base understanding of how much you can truly afford. A little research will help you find the loan that's right for you. Understand the type of loan you are getting, what the repayment terms are, the interest for late payments, and what type of insurance coverage is required for the loan. Don't make the mistake of borrowing more than you can afford. It is better to be able to ride your motorcycle than to have it sitting because you are too afraid to have anything happen to it.