What to do if you can’t afford a motorcycle outright

Not everyone has a ton of cash to spend on a motorcycle. In fact, some people can’t even afford to put up 20% as a down payment—or they think the bike is too expensive. So what do you do? You could wait until you have enough money, or you could start looking for affordable motorcycles now. Here are a few tips to help you find a cheap motorcycle.

Consider cheaper or second hand models

The first thing you should do if money is tight and you still want to get back on two wheels is to look at cheaper models from well-known manufacturers. If you’re worried about safety, opt for a brand that is known for its sturdy motorcycles.

You can also look into buying a second-hand bike. Just choose one that’s in the best possible condition and has been properly maintained. If you’re worried about performance, go for a bike that uses an air-cooled engine—they’re easy to maintain and service because all it requires is some basic know-how. If you want something with more power (if you intend to use your bike for commuting or long-distance touring, for example), you can always opt to pay a little extra and get a bike with a liquid-cooled engine.

Ask the dealership if they have any promotions

In most cases, buying from a dealership is going to be more expensive than buying from an individual. That means that when you go shopping for a motorcycle on a budget, you should ask if the dealer has any promotions or sales. You could save hundreds or thousands of dollars on your purchase depending on the kind of promotion they have going on at the time. If you’re not sure what kind of promotion will work best for you, bring along someone who’s experienced with buying motorcycles. They’ll be able to give you valuable advice since they’ve probably had more experience than you.

Consider your motorcycle finance options

Depending on your financial situation, you might need to get motorcycle finance in order to pay for the bike. This means that you’ll be making monthly payments so that you can pay off the entire price of the motorcycle within a specified time frame. Most dealers offer this kind of financing, but it’s also possible to get approved for finance from other sources, including checking out your motorcycle finance options online. When you’re shopping for a cheap motorcycle, don’t forget to inquire about the finance options.

Always keep in mind that when you want to buy a cheap motorcycle, it’s in your best interests not to rush into things and make any big purchases before you’ve had the time to consider all of your options.

The best way to find a cheap motorcycle is to do comparison shopping and make sure you’re getting the most for your money.