01-16-2017, 01:41 AM
I track of my motorcycle expenses.
But I should not because I am retired and bought it for fun.
My CB500XA was a onetime expense of CDN$6877 out the door.
Here are the total costs for the last 3 years.
CLOTHES $724
HELMETS $862
ACCESSORIES $1311
INSURANCE $2403
GAS $11O6
MAINTENANCE $2739
TOTAL $9145
Insurance: Although I have not had an accident in 25 years, I pay the for the people that do. My motorcycle insurance is almost the same as my expensive new car, although a fraction of the cost. The difference is the medical coverage for the motorcycle rider and passenger, even though I ride alone.
Maintenance: Tires, valve checks, chain and sprockets were the big ticket items.
I do my own oil and filter changes, but leave the big jobs for the dealer.
I am not concerned with the costs.
But I was surprized they exceeded the cost of the bike in just 3 years.
But I should not because I am retired and bought it for fun.
My CB500XA was a onetime expense of CDN$6877 out the door.
Here are the total costs for the last 3 years.
CLOTHES $724
HELMETS $862
ACCESSORIES $1311
INSURANCE $2403
GAS $11O6
MAINTENANCE $2739
TOTAL $9145
Insurance: Although I have not had an accident in 25 years, I pay the for the people that do. My motorcycle insurance is almost the same as my expensive new car, although a fraction of the cost. The difference is the medical coverage for the motorcycle rider and passenger, even though I ride alone.
Maintenance: Tires, valve checks, chain and sprockets were the big ticket items.
I do my own oil and filter changes, but leave the big jobs for the dealer.
I am not concerned with the costs.
But I was surprized they exceeded the cost of the bike in just 3 years.