If you've never been to a motorcycle dealership before, your first impression will probably be similar to that of a child in a toy store.
Because we adore our motorbikes and revel in the thrill of riding, this sort of thing is inevitable for most of us.
However, before you can select the motorcycle that is best suited to your needs and budget, you need to have a fundamental understanding of how motorcycle prices work.
A motorcycle, similar to any other type of motor vehicle, will require a sizeable financial investment. Like passenger vehicles, the most high-end models come at eye-popping high price points.
However, you'll be happy to know that even if you're just starting, it shouldn't be too difficult to locate a suitable motorcycle for under a few thousand dollars. As you might anticipate, everything is determined by what you are looking for.
How much money does it typically take to purchase a motorcycle? Now is the time to discover the answer!
The following paragraphs will briefly overview the factors determining a motorcycle's cost.
Along the way, we'll look at the price differences that can be expected between the various types of motorcycles and the hidden fees that riders should be looking for.
How Much Does A Motorcycle Cost? (Common Price Points)
Type of Motorcycle | Average Cost (USD) |
|---|---|
Dirt Bike | $8,000 - $12,000 |
Dual Sport | $8,000 - $12,000 |
Adventure | $8,000 - $20,000 |
Touring | $10,000 - $30,000 |
Cruiser | $5,000 - $20,000+ |
Street | $5,000 - $20,000+ |
Supersport | $10,000 - $30,000+ |
Standard/Street Motorcycle Cost
These motorcycles are made specifically for riding on public roads. The most variety of frame shapes and styles can be found in the standard and street bike categories.
Standard motorcycles are also called "naked bikes" because they do not have any fairings (the plastics used to cover the frame and engine).
For the most part, street bikes do not have fairings because they are not designed to be aerodynamic, which is the primary function of the fairing.
Virtually every manufacturer produces these standard or street bikes, and as a result, it is simple to locate models that are within one's price range.
However, the cost of these motorcycles can range widely depending on several factors, including the power of their engines.
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Cost Of Entry-Level/Beginner Street Bikes
The cost of a standard street motorcycle is typically not prohibitive, particularly the more affordable options.
You should be able to find a suitable bike for a price of no more than $3,500. Standard street motorcycles with prices ranging between $3,500 and $8,000 can be found in this category.
The Honda CB300F can be purchased for as little as $4,000, the ubiquitous Yamaha YZF-07 can be purchased for $6,990, and the Suzuki GSX-S750 can be purchased for $8,000. These are wonderful choices for beginning riders looking for standard street-legal bike models.
Cost Of Mid-Range Street Bikes
Between $8,000 and $12,000 is a good price range for standard street bikes at a level in the middle of the spectrum.
A couple of illustrations of this would be the Kawasaki Z1000, which retails for $11,999, and the Triumph Street legal Triple, which sells for $9,400.
Cost Of High-End Street Bikes
This is the place to come if you want something classy and opulent because that is what you will find here.
On the other hand, you should also be prepared to spend some money. Within the scope of this category are some extremely opulent street bikes that do not come cheap.
These include the Aprilia RSV4 RR, which can be purchased for $16,499; the BMW R1200R, which can be purchased for $14,095; and the Ducati Diavel, which can be bought for a staggering $18,795.
Cruiser Motorcycle Cost
Heavy-duty motorcycles, known as cruisers, typically have forward foot pegs and high handlebars.
Cruisers are also known as "bobbers." These motorcycles, contrary to what their name might lead one to believe, are not intended for high rates of speed.
Additionally, cruiser bikes are distinguished by their larger V-twin engines, low riding positions, and front forks raked outward.
Because performance is not the primary focus of cruisers, consumers typically do not purchase them for that reason.
Even though it is convenient for getting from one place to another, people do not buy it for that reason alone.
Instead, purchasing a cruiser represents an investment in the carefree lifestyle of owning one. Because of how you sit on the sport bike, it's not a good choice for beginning cyclists.
Since the sport bike is difficult to control and riding it at high speeds can be exhausting, it is best suited for cruising rather than racing.
There are three levels of cruiser bikes: beginner, intermediate, and advanced. The beginner level is the lowest.
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Entry-Level Cruiser Motorcycle Cost
Numerous cruiser bikes priced between $5,000 and $8,000 are available for the budget-minded rider.
Unfortunately, a beginner-level American cruiser may be out of your price range.
Popular cruisers in this price range include the Suzuki Boulevard ($5,499), the Honda Rebel ($4,190), and the Kawasaki KLX ($3,599).
Mid-Level Cruiser Cost
The next level up is considered to be intermediate. The price range for cruisers at this level is between $8,000 and $12,000, and they come with a more significant number of fantastic features and improved performance.
The Triumph America, which can be purchased for $8,400, the Harley-Davidson Sportster Seventy-two, which can be purchased for $11,099, and the Victory Gunner, which can be purchased for $12,999 are a few examples of cruisers that fit into this category.
High-End Cruiser Cost
High-level cruisers are the next category of cruisers, and they are more expensive than the previous category. These are some of the most costly and luxurious cruisers in the world.
One such model is the Indian Chief Classic, which can be purchased for $18,499; another is the Harley-Davidson Softail Deluxe, which can be purchased for $18,549.
Dual Sport/Adventure Motorcycle Cost
Dual-sport motorcycles are the way to go if you're looking for a lightweight motorcycle that offers a high degree of versatility and is suitable for off-road excursions.
In addition to being exceptionally secure and comfortable, these motorcycles can also be ridden on public roadways.
Dual sport bikes are an excellent choice for novice riders due to their manageability, lightweight nature, and engines that are on the smaller side. They are characterized by their lightweight frames, high center of gravity, and diminutive engines.
Because of how reasonably priced these motorbikes are, many beginning riders choose to begin their careers with one of them.
Entry-Level Dual Sport Motorcycle Cost
You can get good dual sport bikes for as little as $5,000 these days. On the other hand, you would have to spend more money to obtain a greater value.
The Yamaha WR250R, which can be purchased for $6,700, the Suzuki DRZ400S, which can be purchased for $6,599, and the Kawasaki KLR650, which can be purchased for $6,599 are three of the most popular models currently available.
Mid-Range Dual Sport Motorcycle Cost
Your budget ought to be somewhere in the range of $8,000 and $12,000 for this category. Within this price range, you can purchase an incredible dual-sport bike.
The BMW F700GS, which can be purchased for $9,995, and the Suzuki V-Strom 650 ABS, which can be purchased for $8,399, are two models that are extremely popular within this price range.
Within this price range, one can find various fantastic models of other brands.
High-End Dual Sport Motorcycle Cost
Some dual-sport motorcycles can cost as much as a small car. The bare minimum for this category is $12,000.
BMW's F800GS retails for $12,295 while Triumph's Tiger 800XC goes for $12,500; both are viable options. The renowned BMW R1200GS costs $16,600, but more expensive models are also available.
Touring Motorcycle Cost
A touring bike is the best choice for a long-distance ride. Long rides won't be a problem on these bikes because plush seating promotes healthy posture and is standard equipment.
Touring bikes are the heaviest and largest of all motorcycles because they typically come with extra equipment for your comfort and convenience while traveling. This motorcycle is perfect for touring, which can involve extended time on the road.
Touring motorcycles typically have a sizable windshield, fuel capacity, and several storage compartments for stowing away gear.
You can sit straight in them and enjoy the ride without worrying about discomfort. Different manufacturers charge different prices for this cycle. Features and extras included in the package may affect the final cost.
Entry-Level Touring Motorcycle Cost
Price-wise, these motorcycles are among the most expensive available. A beginner touring bike will earn between $9,000 and $15,000.
The Honda NM4, which is among the market's most popular options, costs $10,999, while the Kawasaki, which is among the market's most popular options, costs $8,999.
Mid-Range Touring Motorcycle Cost
The majority of touring motorcycles can be found between the $15,000 and $20,000 price range, making this the ideal category in which to shop for one.
BMW's R12000RT is an $18,145 motorcycle. The Kawasaki Vulcan 1700 Voyager ABS costs $17,399, and the Harley-Davidson Touring bike is $18,749.
High-End Touring Motorcycle Cost
You can ride with the best touring bikes if your budget allows. The lowest-priced motorcycle available in this group costs $21,000.
Prices range from about $23,200 for a BMW K 1600 GTL to $26,900 for a Honda Gold Wing Audio Comfort Navi XM, with the Harley-Davidson Touring Electra Glide Ultra Classic coming in at $23,549.
Factors That Affect New Motorcycle Prices
Engine Size
There is a direct correlation between the size of the motorcycle's engine and its price. Displacement, another term for engine size, is typically expressed in cubic centimeters (cubic centimeters).
The price of an engine with a higher cubic centimeter displacement tends to rise.
Horsepower
Horsepower (HP) measures the amount of force a motorcycle's engine can generate. (Horsepower and displacement are related but different concepts.) More powerful motorcycles typically cost more.
Make/Model/Brand
Certain motorcycle brands, especially illustrious ones such as Ducati or Harley-Davidson, come with a significant amount of prestige attached to them.
When you pay for the brand name, you also pay for the company's well-established reputation for producing high-quality goods.
Year
The year the motorcycle was made is also a factor when it comes to the price.
If you choose to buy a new motorcycle that happens to be from last year, you'll pay less than if you buy it from the current year.
Extra Features
One of the most common ways the price of a motorcycle rises is by adding extras and upgrades.
Additional accessories, such as a built-in GPS, satellite radio, anti-lock brakes, or panniers, will increase the price.
Buying A Used Motorcycle (Average Cost Guide)
As was previously mentioned, used motorcycles typically offer significant cost savings.
You can find both new and used motorcycles at many reputable dealerships, so you should look into your options for purchasing a used motorcycle.
It's also possible to find great deals when purchasing a motorcycle from a private party.
Used motorcycles can be found on general classified sites like Craigslist and Facebook Marketplace, but it is worthwhile to peruse specialized motorcycle trading sites.
When shopping for a used motorcycle, it's essential to keep an eye on the following financial details:
Before you check out a motorcycle, see what it's worth, according to Kelley Blue Book.
Before purchasing a used motorcycle, you should investigate the secondary market to see how the KBB price compares to what similar models are selling for in the area.
It's essential that the motorcycle has a clean title and that the seller can produce the original paperwork without delay.
Think about the value of your motorcycle with any aftermarket additions you may have made.
If something seems too good to be true, you should treat it with suspicion.
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Beyond The Bike (Other Motorcycle Expenses To Keep In Mind)
Safety Gear
Once you have a motorcycle, you need to invest in protective gear. When you're out on the road with your motorcycle, you must take extra precautions to ensure your safety.
When riding a motorcycle, a helmet is the most essential safety equipment. A DOT and ECE-approved helmet are required, costing anywhere from $70 to $300 or more.
Safety gear, including boots, gloves, jackets, and pants, will set you back a few hundred dollars, but they are indispensable. Experienced cyclists say you should budget around $1,500 for basic riding gear.
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Insurance
Many motorcyclists tend to gloss over this section, but you shouldn't. Motorcycle insurance protects you and your motorcycle in an accident that causes damage or injury.
Theft, medical expenses, dents, and other damage may all be compensated for by insurance.
An annual premium for motorcycle insurance typically ranges from $200 to $600. There are jurisdictions where insurance coverage is legally mandated.
Repairs & Maintenance
Regular maintenance, including oil changes, chain inspections, and more, is necessary for every motorcycle. Every 5,000—20,000 miles, depending on the motorcycle, you should perform a maintenance check to buy a motorcycle.
The average cost for this sort of upkeep is $1,000. You can take care of your motorcycle rather than wait for it to break down.
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Permit & License
A valid driver's license is required to operate a motorcycle in the United States. A valid motorcycle license is required for riding.
You won't spend more than $50 to get a license, which is pretty reasonable.
It's possible, though, that you'll want to shell out some cash for a few safety classes. These security classes could set you back around $100.
Gas
This is a reoccurring cost that can't be avoided. The motorcycle will not move unless it is fueled up. The typical motorcyclist travels 4,500 miles annually and achieves 55 miles per gallon (mpg).
At the current national average cost of $3 per gallon (AAA), an annual gas budget of $250 is feasible.
Frequently Asked Motorcycle Cost Questions
How much does a motorcycle cost per month?
Like with cars, your price can be significantly higher than the average cost or much lower. You need to decide if you want to save up for it and eventually buy it or if you can't afford it right now. You should budget an extra $600 to $1000 on top of the asking price.
A reliable vehicle will cost more, but a lending institution will be willing to cover the additional $1000 for quality safety equipment. Required riding gear includes a helmet, a jacket with removable thermal lining and CE padding, boots with ankle protection, gloves with reinforced knuckles and palm sliders, and chaps or riding pants.
How much does it cost to get a motorcycle license?
The average cost for a motorcycle license is around $200 to $300. To operate legally, you must pay the license fee. No amount of additional training will save you from having to pay these costs. Many states require you to take a motorcycle safety riding course, which you will also have to pay for.
How much should a beginner motorcycle cost?
Your motorcycle will be your most significant initial investment. Find a motorcycle with an engine displacement of less than 600cc, an anti-lock braking system (ABS), and an ergonomic seat. Spending between $5,000 and $10,000 is reasonable for a first-time buyer.
Is driving a motorcycle cheaper than a car?
Yes! Motorcycles are far more affordable than vehicles, given that the national average cost of a car in 2019 was $36,700.
If we're being precise, a motorcycle costs far less than half what a car does. In addition to being cheaper upfront, motorcyclists also have lower long-term ownership costs than cars.
One alternative available to those who crave extreme acceleration is the purchase of a supercar. However, they are quite pricey, so they are not practical for everyone.
Therefore, supersport motorcycles are a good option if you are strapped for cash. Many old models may outperform entry-level supercars, and they only cost roughly $5,000.
Conclusion
Several variables affect how much a motorcycle will cost. The cost of a motorcycle varies with its age, model, manufacturer, and the season it is purchased.
The cost of a motorcycle might rise due to factors such as its specifications, the cost of the insurance policy you select, optional extras, and personalization. The cost of a motorcycle is determined purely by the buyer's preferences.
Motorbikes come in a wide variety of styles and shapes, each one optimized for a specific task.
When looking for a motorcycle, keeping your finances in mind is essential. There are too many options to choose from if you want the nicest motorcycle available, and you may not have the money to buy it.
Because of this, you need to think about your financial constraints and select an appropriate solution and the cost of a motorcycle.
