 Mistake: looking at $$ spent on motorcycles
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Joined: Jun 2008
Posts: 257
Adjunct
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OP
Adjunct
Joined: Jun 2008
Posts: 257 |
Tomorrow is the 5th anniversary of my first day of motorcycle ownership. It was the Friday before Memorial Day in 2008 when I rode my America off the lot at Manayunk Triumph.
It got me thinking: "I wonder how much I've spent on motorcycles and motorcycle stuff since then?" I keep pretty good track of my expenses in Quicken, and even established an expense category to track motorcycle-related spending. So I ran the report in Quicken.
Long story short: DO NOT DO THIS.If you ever get the urge to do this, let me know and I will talk you out of it. Instead, just go fire up your bike and go for a ride and remind yourself how much you love riding, and that whatever the cost, it's worth it.
That is all.
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Re: Mistake: looking at $$ spent on motorcycles
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Joined: Jan 2005
Posts: 5,271 Likes: 17
Saddle Sore
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Saddle Sore
Joined: Jan 2005
Posts: 5,271 Likes: 17 |
Never, ever, never keep track of these expenditures. Understand you will always spend too much on these items then learn to accept it. 
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Re: Mistake: looking at $$ spent on motorcycles
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Joined: Feb 2013
Posts: 72
Member
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Member
Joined: Feb 2013
Posts: 72 |
Similar for car hobby. The main thing to consider is that unlike so many other pastimes; if you decide to get out of it, you can recoup a pretty good chunk when you sell.
Consider an avid golfer. Green/cart fees, super cool golf clubs, travel costs, etc. A golfer hangs it up, and that's that. sell the glubs- maybe, but pennies on the dollar.
Scuba (which I do) is similar. Equipment gets outdated pretty quickly. selling it isn't worth the hassles.
compared to others hobbies, I wouldn't sweat it. Especially when you can use your bike for commuting and errands and are actually saving money on fuel.
I broke my purchase down by how much I use it. My first ride cost me 100% of what I paid for the bike. The next ride cut it in half that; and so one. Heck with this logic by the time I ride it a hundred times, money should be spitting out the exhaust!
No matter how Cynical I become, I can never keep up.
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Re: Mistake: looking at $$ spent on motorcycles
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Joined: Sep 2010
Posts: 8,393 Likes: 1
Second Wind
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Second Wind
Joined: Sep 2010
Posts: 8,393 Likes: 1 |
I have no faith in human perfectability. I think that human exertion will have no appreciable effect upon humanity. Man is now only more active - not more happy - nor more wise, than he was 6000 years ago.
Edgar Allan Poe
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Re: Mistake: looking at $$ spent on motorcycles
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Joined: Jan 2005
Posts: 5,590
Check Pants
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Check Pants
Joined: Jan 2005
Posts: 5,590 |
Ignorance is bliss. I think I had close to the original purchase price in performance and assorted cool stuff on the 2002 Cardinal Red America.  The 2007 Speedmaster is pretty much a stock outfit, subject to change of course. jh
"It's not what I say that's important, it's what you hear" Red Auerbach
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Re: Mistake: looking at $$ spent on motorcycles
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Joined: Jan 2005
Posts: 1,425
Learned Hand
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Learned Hand
Joined: Jan 2005
Posts: 1,425 |
Once I spend it, I dont think about it.My bike has been the best hobby/investment I think I have made. The 73 Bug,, still good but its a higher dollar investment that you can never recover except with a grin.
Mal: "Y'all see the man hanging out of the spaceship with the really big gun?{ref, Jayne} Man's lookin' to kill some folk. So really, it's his will y'all should worry about thwarting."
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Re: Mistake: looking at $$ spent on motorcycles
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Joined: Feb 2007
Posts: 23,243 Likes: 64
Fe Butt
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Fe Butt
Joined: Feb 2007
Posts: 23,243 Likes: 64 |
I have all my receipts going back probably 30 years for what I have spent on my bikes but only to keep track of parts, never added up cost and don't want to.
I learned all I need to know about life by killing smart people and eating their brains.
Eat right ,Exercise ,Stay fit, Die Anyway!
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Re: Mistake: looking at $$ spent on motorcycles
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Joined: Apr 2008
Posts: 3,937
Loquacious
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Loquacious
Joined: Apr 2008
Posts: 3,937 |
Let's not even consider what we've spent on sex  . It will make ALL the others hobbies pale in comparison. I remember Charlie Sheen stating he didn't know which he spent more money on, sex or coke. 
And you may see me tonight
With an illegal smile
J. Prine
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Re: Mistake: looking at $$ spent on motorcycles
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Joined: Jan 2007
Posts: 3,467 Likes: 3
Loquacious
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Loquacious
Joined: Jan 2007
Posts: 3,467 Likes: 3 |
First thing on my mind too.
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Re: Mistake: looking at $$ spent on motorcycles
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Joined: Jul 2007
Posts: 6,060 Likes: 6
Worn Saddle
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Worn Saddle
Joined: Jul 2007
Posts: 6,060 Likes: 6 |
Any time I start thinking about how much money I've wasted on my toys over the years, I comfort myself by thinking how much money my friends have spent on liquor and cigarettes. I'm still coming out way ahead, both in aquisitions and health! I sometimes have to hold my tongue when a questionable friend says, and with a little negative envy in his voice, " Gee, you're got so many toys!" DUH! Cause I don't spend $100 every weekend getting wasted! 
Fidelis et Fortis
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Re: Mistake: looking at $$ spent on motorcycles
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Joined: Aug 2007
Posts: 10,735 Likes: 7
Should be Riding
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Should be Riding
Joined: Aug 2007
Posts: 10,735 Likes: 7 |
I've paid more to add stuff to my bike than I paid for the bike to begin with  
Always remember to be yourself. Unless you suck. Then pretend to be someone else.
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Re: Mistake: looking at $$ spent on motorcycles
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Joined: Jul 2011
Posts: 2,212
Oil Expert
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Oil Expert
Joined: Jul 2011
Posts: 2,212 |
2007 Speedmaster and miss it!
2013 T-Bird Storm and Luvin it!
Catching a yellow jacket in your shirt at 70 mph can double your vocabulary
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Re: Mistake: looking at $$ spent on motorcycles
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Joined: Feb 2011
Posts: 2,146
Oil Expert
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Oil Expert
Joined: Feb 2011
Posts: 2,146 |
What's the current exchange rate on love?
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Re: Mistake: looking at $$ spent on motorcycles
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Joined: Feb 2005
Posts: 20,096 Likes: 2
Fe Butt
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Fe Butt
Joined: Feb 2005
Posts: 20,096 Likes: 2 |
Quote:
What's the current exchange rate on love?
Well Chet, word is 500 bucks won't even get the hotter Vegas hookers out of the casino and to the elevator door anymore! 
(...though maybe that's not what you're askin' here...and NOT that I would have any first-hand experience in these matters ANYWAY, mind you) 
Yep! Just like a good Single Malt Scotch, you might call me "an acquired taste" TOO.(among the many OTHER things you may care to call me, of course)
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Re: Mistake: looking at $$ spent on motorcycles
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Joined: Mar 2013
Posts: 497
Adjunct
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Adjunct
Joined: Mar 2013
Posts: 497 |
Quote:
Quote:
What's the current exchange rate on love?
Well Chet, word is 500 bucks won't even get the hotter Vegas hookers out of the casino and to the elevator door anymore!
(...though maybe that's not what you're askin' here...and NOT that I would have any first-hand experience in these matters ANYWAY, mind you)
  
05 Speedmaster,Reverse Cone Shortys,Thunderbike AIR Kit,K&N Air Filter,Snorkel Removed,Dynojet Stage 1 Kit(126 main),Needle-Clip 1 From Bottom,42 Pilot,NGK Iridium Plugs,Progressive Springs,Hagon 2810's,Barnett Green Springs,TTP Safe-Start,MOSFET R/R
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Re: Mistake: looking at $$ spent on motorcycles
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Joined: Mar 2009
Posts: 12,964
Stickman Yogi
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Stickman Yogi
Joined: Mar 2009
Posts: 12,964 |
Quote:
I've paid more to add stuff to my bike than I paid for the bike to begin with
Pretty much any love affair is expensive.
Live to love, love to live.
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Re: Mistake: looking at $$ spent on motorcycles
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Joined: Jun 2008
Posts: 257
Adjunct
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OP
Adjunct
Joined: Jun 2008
Posts: 257 |
Quote:
Let's not even consider what we've spent on sex...
THIS is a great point. It made me think about my ex wife, and how freaking hot she was when dated and got married, and then how once we were married she started spending ALL my money and then some, and then let herself go to about 2x her original size, and then...don't even get me started on what happened to our sex life. And I'm still! paying for her. When I add up just what I've spent on alimony over the past five years, it's nearly 6x the total that I've spent on the motorcycles and accessories.
OK. I feel much much better now. Rant over. Thanks all. I'm going to go order those Hagon Nitros and Ricor Intiminators and upgrade the suspension on the America now. 
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Re: Mistake: looking at $$ spent on motorcycles
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Joined: Sep 2010
Posts: 8,393 Likes: 1
Second Wind
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Second Wind
Joined: Sep 2010
Posts: 8,393 Likes: 1 |
While you are tormenting yaselvs, why dont ya calculate the money wasted in ya youth on such things as breaking stuff, traffic fines, fads and fashions, trying to pick up women, drugs and alcohol, then go drive nails in ya scrotums.
But you can laugh it all off by looking up all the old loves of your life and giving them a call and say, "I was in the hospital recently and .........well ya may want to go get checked out.............they dont know how long I had this. And hang up.
I have no faith in human perfectability. I think that human exertion will have no appreciable effect upon humanity. Man is now only more active - not more happy - nor more wise, than he was 6000 years ago.
Edgar Allan Poe
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Re: Mistake: looking at $$ spent on motorcycles
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Joined: Apr 2008
Posts: 3,937
Loquacious
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Loquacious
Joined: Apr 2008
Posts: 3,937 |
Quote:
It made me think about my ex wife, and how freaking hot she was when dated and got married, and then how once we were married she started spending ALL my money and then some, and then let herself go to about 2x her original size, and then...don't even get me started on what happened to our sex life. And I'm still! paying for her. When I add up just what I've spent on alimony over the past five years, it's nearly 6x the total that I've spent on the motorcycles and accessories.
OK. I feel much much better now. Rant over. Thanks all. I'm going to go order those Hagon Nitros and Ricor Intiminators and upgrade the suspension on the America now.
Hell, put that way, why not throw in a Speedmaster to boot?!!
And you may see me tonight
With an illegal smile
J. Prine
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Re: Mistake: looking at $$ spent on motorcycles
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Joined: Nov 2011
Posts: 688
Adjunct
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Adjunct
Joined: Nov 2011
Posts: 688 |
Quote:
Quote:
I've paid more to add stuff to my bike than I paid for the bike to begin with
Pretty much any love affair is expensive.
True.
Our other affair is boating, we've had several through the years. We bought our current boat new in 2004 with efficency in mind, single V8 engine but kept good cruise comfort, A/C, frige, galley, full head etc. Still it has an 82 gallon fuel tank and burns about 13 gallons per hour at 25 kn.
2011 Triumph America (10/2011 to 07/2014)
2012 Harley Davidson 1200C Sportster
2014 Harley Davidson Dyna Wide Glide
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Re: Mistake: looking at $$ spent on motorcycles
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Joined: Feb 2011
Posts: 2,146
Oil Expert
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Oil Expert
Joined: Feb 2011
Posts: 2,146 |
Quote:
Quote:
Quote:
I've paid more to add stuff to my bike than I paid for the bike to begin with
Pretty much any love affair is expensive.
True.
Our other affair is boating, we've had several through the years. We bought our current boat new in 2004 with efficency in mind, single V8 engine but kept good cruise comfort, A/C, frige, galley, full head etc. Still it has an 82 gallon fuel tank and burns about 13 gallons per hour at 25 kn.
My affinity was for the kind with sails. I always found them more exciting and you can't beat the fuel costs. I found I didn't have enough time for all my toys, though. I'm building a small (10ft) sailboat just to play around with.
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Re: Mistake: looking at $$ spent on motorcycles
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Joined: Jan 2007
Posts: 3,467 Likes: 3
Loquacious
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Loquacious
Joined: Jan 2007
Posts: 3,467 Likes: 3 |
I've had the classic "happiest day of my life" more than once. You'd think I'd learn  . Now, I'm just debating whether to buy a 5hp gas or Minn Kota electric motor for my old Gheenoe - though a sail kit would be sweet too.
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Re: Mistake: looking at $$ spent on motorcycles
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Joined: Jul 2007
Posts: 6,060 Likes: 6
Worn Saddle
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Worn Saddle
Joined: Jul 2007
Posts: 6,060 Likes: 6 |
True. Our other affair is boating, we've had several through the years. We bought our current boat new in 2004 with efficency in mind, single V8 engine but kept good cruise comfort, A/C, frige, galley, full head etc. Still it has an 82 gallon fuel tank and burns about 13 gallons per hour at 25 kn.
If gas goes much higher, a lot of us are gonna start feeling the pain. Unfortunately, most the toys I have all use gas, which is gonna be painful. At what point does the fun stop and the pain begin? Sure gonna hate to find out. 
Fidelis et Fortis
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Re: Mistake: looking at $$ spent on motorcycles
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Joined: Sep 2010
Posts: 169 Likes: 11
Adjunct
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Adjunct
Joined: Sep 2010
Posts: 169 Likes: 11 |
To paraphrase; I've spent half my money on women, drinking and motorcycles. The rest, I just wasted.
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Re: Mistake: looking at $$ spent on motorcycles
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Joined: May 2012
Posts: 514 Likes: 2
Adjunct
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Adjunct
Joined: May 2012
Posts: 514 Likes: 2 |
I was told that if it Flies, Floats or F@#$s it's cheaper to rent it.
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Re: Mistake: looking at $$ spent on motorcycles
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Joined: Apr 2008
Posts: 3,937
Loquacious
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Loquacious
Joined: Apr 2008
Posts: 3,937 |
Quote:
I was told that if it Flies, Floats or [Email]F@#$s[/Email] it's cheaper to rent it.
Very true.
I've found that if you use it once a month or less, renting may be best. Once very 2-3 months or less, renting IS best.
No storage, maintenance, tag, insurance, cleaning, tires, ageing/depreciation, etc.
All I know is that when I pick it up, it better start, and when I return it, it needs a full tank of fuel (as it was when I picked it up).
MOST rentals are late models with low mileage, and very well serviced. Most likely JUST serviced prior to me picking it up.
Only negative I know is you can't "Personalize" it. BUT is that REALLY a negative, considering the monies saved???
I've rented motorcycles at a rate of 3-4 times a year when I'm in the mood to experience another bike,and I'm NOT talkin' about a demonstration ride of 1-10 miles, I'm talkin' about and average of 300-400 mile a day trial, such as the 2,500 miles on that Sportster rental we had for our vacation that included the GA. Rally. All three of us got a few hundred miles on that one rental. And every time I get a different model, color, and accessories, to fit my mood of the day.
I've experienced more brands, models, and accessories than most anyone I know.
Though I usually rent Harley's, Hondas, BMW, Triumph, and M.G. are always available, with others available at times).
And you may see me tonight
With an illegal smile
J. Prine
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$$$$ 
