First bike on a budget - Sportbikes.net
 

Home Message Board SBN Chat SBN Articles Bike Specs Register Classifieds Forum Rules Advertise Contact Us

If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.
Go Back   Sportbikes.net > Topic Discussions > New Riders
Register Subscribe Casino Garage FAQ Members List Calendar Arcade Insurance Search Today's Posts Mark Forums Read Motorcycle Escrow


New Riders Welcome to those just starting out or interested in learning more about motorcycling. Please read the stickies, and feel free to ask questions.

Insurance


Site Sponsors
Reply
 
LinkBack Thread Tools Display Modes
Old 07-18-2013, 10:15 PM   #1 (permalink)
elliott
SBN Newb
 

Join Date: Jul 2013
Location: Pennsylvania
Age: 22
Posts: 4
Gameroom cash: $555
Sportbike: 2020/suzuki/hyabusa
Thanks: 0
Thanked 0 Times in 0 Posts
elliott is on a distinguished road
Default First bike on a budget

Hey I read the stickies and I'm looking for the best bang-for-the-buck bike.

Dream bike: F4i but it's impossible to find one for under 3k and I feel like I'm not experienced enough for the inline-4 600cc SS.

My budget - $2,000. Preferably under $1500 as this is my first bike.

I've been eye-balling a lot of ninja 500r's on craigslist. Seems to be the best value.

Is this is a good deal? '94 Ninja 500r with 22k miles for $1500. I'm trying to get him down to $1300. Everything seems to be in working order with no signs of being laid down also has a Hance and Vines exhaust but I'm not really into that.

I'd consider expanding my budget to something under $3000 for a Ninja 650r or SV650. Think it's worth shelling out the extra dough? I heard the ninja 500's really don't depreciate, is that true?

Thanks in advance for the help

P.S. just a college kid using it for commuting and various other stuff. Not a ton of highway use.
elliott is offline   Reply With Quote
Sponsored Links
Advertisement
 
Old 07-19-2013, 08:35 AM   #2 (permalink)
acmoto
Supersport Racer
 
acmoto's Avatar
 

Join Date: Nov 2007
Location: Northern VA
Age: 26
Posts: 113
Gameroom cash: $16725
Sportbike: 05 636, 07 EX500
Thanks: 0
Thanked 2 Times in 2 Posts
acmoto is on a distinguished road
Default

I paid 2250 for my 07 EX500 with 7k miles, which while not a direct comparison, gives you some haggle room I think. Is gear included in your budget?
acmoto is offline   Reply With Quote
Old 07-19-2013, 09:35 AM   #3 (permalink)
elliott
SBN Newb
 

Join Date: Jul 2013
Location: Pennsylvania
Age: 22
Posts: 4
Gameroom cash: $555
Sportbike: 2020/suzuki/hyabusa
Thanks: 0
Thanked 0 Times in 0 Posts
elliott is on a distinguished road
Default

Quote:
Originally Posted by acmoto View Post
I paid 2250 for my 07 EX500 with 7k miles, which while not a direct comparison, gives you some haggle room I think. Is gear included in your budget?
2250 sounds like a good deal for an '07. What would you pay for a '94 in pretty nice condition and how worried should I be that this bike is 20 years old?

budget is for the bike only. I already have a cutoff, cargo shorts, and flip flops.
elliott is offline   Reply With Quote
Old 07-19-2013, 09:35 AM   #4 (permalink)
mpusch
Supersport Racer
 
mpusch's Avatar
 

Join Date: Oct 2012
Location: WNY
Posts: 145
Gameroom cash: $3644
Sportbike: 07 Daytona 675 + 03 Ninja 500 (sold)
Thanks: 35
Thanked 47 Times in 31 Posts
mpusch is on a distinguished road
Default

Quote:
Originally Posted by elliott View Post
Hey I read the stickies and I'm looking for the best bang-for-the-buck bike.

Dream bike: F4i but it's impossible to find one for under 3k and I feel like I'm not experienced enough for the inline-4 600cc SS.

My budget - $2,000. Preferably under $1500 as this is my first bike.

I've been eye-balling a lot of ninja 500r's on craigslist. Seems to be the best value.

Is this is a good deal? '94 Ninja 500r with 22k miles for $1500. I'm trying to get him down to $1300. Everything seems to be in working order with no signs of being laid down also has a Hance and Vines exhaust but I'm not really into that.

I'd consider expanding my budget to something under $3000 for a Ninja 650r or SV650. Think it's worth shelling out the extra dough? I heard the ninja 500's really don't depreciate, is that true?

Thanks in advance for the help

P.S. just a college kid using it for commuting and various other stuff. Not a ton of highway use.
$1300-1500 seems like a reasonable price for a good condition 500. For another data point, I paid $1700 for my 03 in pretty good shape, but with a dent in the tank and some other small imperfections. With a bike at that year, as long as you don't wreck it, you probably will see about zero depreciation.

Pretty much any exhaust other than the stock one will result in a loss of power in exchange for more noise (which rivals that of a lawn mower). I love that bike, but sound is not it's strong point.

Personally, I wouldn't bother going up to a 650, even though yes, they will be a bit better bike. You'll probably pay half as much for the 500, which is important when you factor in gear, taxes, any repairs that might need to be done, etc. Things just kind of add up.

It's a great bike.

Also, the second gen 500 started in 94, make sure it is a second. It'll have 17 inch rims if that's the case. There's a few internal weakpoints to the first gens.

Quote:
Originally Posted by elliott View Post
2250 sounds like a good deal for an '07. What would you pay for a '94 in pretty nice condition and how worried should I be that this bike is 20 years old?

budget is for the bike only. I already have a cutoff, cargo shorts, and flip flops.
Huh?

Last edited by mpusch; 07-19-2013 at 09:39 AM.
mpusch is offline   Reply With Quote
Old 07-19-2013, 10:22 AM   #5 (permalink)
elliott
SBN Newb
 

Join Date: Jul 2013
Location: Pennsylvania
Age: 22
Posts: 4
Gameroom cash: $555
Sportbike: 2020/suzuki/hyabusa
Thanks: 0
Thanked 0 Times in 0 Posts
elliott is on a distinguished road
Default

That was joke, but no gear is not considered part of the bike. I'll buy the gear after I buy the bike.

Thanks - that's really good to know about the 2nd gens I'll definitely make sure it's 2nd.

So if he sticks to his guns at $1500 - would you guys walk away? Would resell in a year or two come close to $1500? Also, the bike is not inspected (he says it expired in June of this year). I have no reason not to believe it would pass inspection. Everything looks fine. 22k miles in the bike's 20 year existence means it was really lightly ridden, right?
elliott is offline   Reply With Quote
Old 07-19-2013, 11:06 AM   #6 (permalink)
mpusch
Supersport Racer
 
mpusch's Avatar
 

Join Date: Oct 2012
Location: WNY
Posts: 145
Gameroom cash: $3644
Sportbike: 07 Daytona 675 + 03 Ninja 500 (sold)
Thanks: 35
Thanked 47 Times in 31 Posts
mpusch is on a distinguished road
Default

Quote:
Originally Posted by elliott View Post
That was joke, but no gear is not considered part of the bike. I'll buy the gear after I buy the bike.

Thanks - that's really good to know about the 2nd gens I'll definitely make sure it's 2nd.

So if he sticks to his guns at $1500 - would you guys walk away? Would resell in a year or two come close to $1500? Also, the bike is not inspected (he says it expired in June of this year). I have no reason not to believe it would pass inspection. Everything looks fine. 22k miles in the bike's 20 year existence means it was really lightly ridden, right?
Wasn't sure if you were joking or not

Regarding the price, it depends on your location and the availability of choices in the area. Obviously if there are a number of bikes for sale that gives you flexibility. I'd think if he's asking $1500 that there's a bit of wiggle room in there for you, but not more than $100-200 bucks like you said.

If you can, have a friend with a license test ride the bike. Make sure the brakes aren't shot, clutch feels good, engine isn't making any weird sounds. Ask when the last service was (valve clearance check). I didn't look hard enough on mine and missed that the belly fairing had a crack in it. Not a deal breaker, but good to know ahead of time.

These bikes are past the point of depreciation basically, and are a function of condition more than anything else. If you take care of the bike and do the maintenance, I'd be suprised if you lost any money on it.

Also, check out EX-500.com. Tons of info on the bike.

Last edited by mpusch; 07-30-2013 at 09:34 AM.
mpusch is offline   Reply With Quote
The Following User Says Thank You to mpusch For This Useful Post:
NineseveN (07-19-2013)
Old 07-30-2013, 08:52 AM   #7 (permalink)
nismos14
Supersport Racer
 
nismos14's Avatar
 

Join Date: Jul 2013
Location: NJ
Age: 33
Posts: 198
Gameroom cash: $1744
Sportbike: K6 7Fiddy
Thanks: 147
Thanked 27 Times in 19 Posts
nismos14 is on a distinguished road
Default

If you keep your eyes open long enough you'll find a deal just have to be ready to jump on it when it comes.
nismos14 is offline   Reply With Quote
Old 07-30-2013, 09:54 AM   #8 (permalink)
Menotomy
500 GP Racer
 
Menotomy's Avatar
 

Join Date: Sep 2011
Location: Northern Virginia
Age: 29
Posts: 906
Gameroom cash: $8585
Sportbike: 2006 Ninja 250R
Thanks: 170
Thanked 224 Times in 140 Posts
Menotomy is on a distinguished road
Default

I think that 500R for $1500 is a decent deal (even better if you can get him down to $1300). I wouldn't go any bigger than that though, especially if you're trying to keep the cost of the bike low. Keep in mind you still need to spend money on insurance, and I would take any savings you get on a deal on a bike and put it towards good protective gear.
Menotomy is offline   Reply With Quote
Old 07-30-2013, 10:01 AM   #9 (permalink)
nismos14
Supersport Racer
 
nismos14's Avatar
 

Join Date: Jul 2013
Location: NJ
Age: 33
Posts: 198
Gameroom cash: $1744
Sportbike: K6 7Fiddy
Thanks: 147
Thanked 27 Times in 19 Posts
nismos14 is on a distinguished road
Default

One of the things people sometimes forget is that it's not always the size of the engine that matters because some bikes have very linear throttle response and will not throw you up on one wheel and that is ideal for someone learning. Almost any bike has enough power to get you in trouble no matter how good of a bike it is.

To me, the most important things for a starter bike are comfortable riding position to learn. Ability to be comfortable regardless of where your feet end up, if they're tip toed but you're comfortable then it's all good Lastly, how linear the throttle response is.
nismos14 is offline   Reply With Quote
Sponsored Links
Advertisement
 
Reply



Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Budget Effective bike... dsc4twenty General Sportbikes 20 09-20-2002 04:51 PM


All times are GMT -5. The time now is 11:18 PM.



Powered by vBulletin® Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.0.0
1997 - 2007 Sportbikes.net INC. All Rights Reserved.
Motorcycle News, Videos and Reviews
Honda Grom Forum Harley Davidson Honda 600RR Kawasaki Forum Yamaha R6
1199 Panigale Roadglide Forum Honda CBR1000 Vulcan Forum Yamaha R1
Ducati Monster Harley Forums Honda CBR250R ZX10R Forum Star Raider
Suzuki GSXR V-Rod Forums Honda Shadow Kawasaki Motorcycles Star Warrior
SV650 Forum BMW S1000RR Honda Fury Kawasaki Versys Drag Racing
Suzuki V-Strom BMW K1600 Triumph Forum Victory Forums Sportbikes
Volusia Forum BMW F800 Triumph 675 MV Agusta Forum Streetfighters