Picture by Monoar Rahman Rony from Pixabay – CC0 Licence
Owning and riding a motorcycle is exhilarating. Whether heading out on a road trip with your other half or riding around just for the fun of it. They’re also practical because bikes don’t take up as much room as a vehicle. And they also tend to be less expensive to run. However, that doesn’t mean you still shouldn’t try and save money where you can. So below are some tips to help you cut down the cost of owning a motorcycle.
Save Money On Insurance
If you’re one of those loyal people who commit to one insurance company to cover your motorbike. You could be losing hundreds over the year, which steadily amounts to thousands over the years.
Auto-renewal, in particular, is one way that businesses keep you tied into an agreement with them. If you want to save money, be clear to the company you are with, that you would like the auto rental to be canceled. And ask for a renewal notice a few weeks before your insurance is due.
This shall give you the optimum time to survey your options. At one sure insurance, for instance, you can search over 40 Insurance companies for the best quotes in one sitting. Giving you a broad overview of what other companies are offering.
Plus, sometimes, by wiggling the details on your insurance quote, you can save a lot too. Whether altering the number of miles you expect to drive or changing the date you want to start your insurance, it all makes a difference. Keep track of the best quotes on a separate document, and choose the one that meets your needs, and saves you money.
In comparison to cars, motorbikes are a lot more fuel-efficient. After all, they only transport one or two people on a much more compact automobile. But there are still savings to be made here.
The quickest and most expensive way to pay out an extortionate amount of money on your bike is by neglecting it.
Areas you shall want to check and replenish if needed are the chain tension and sprockets, the oil level, and brake pad wear.
Notably, the way you ride your bike shall also influence its fuel usage. Such as;
- The tires – Pressure in the tires determines a lot about how much harder the bike needs to work to move it. Full tires at the recommended pressure will increase fuel efficiency.
- Luggage – Too much weight on a motorcycle, again, also means the bike needs to work harder and use more fuel to move it. If you lose the heavy-duty panniers, you’ll save much more on gas.
- Cheap fuel – Fuel costs vary per provider, which is why it always helps to research the most affordable petrol providers near you. Having a go-to pit stop for cheap fuel shall save you a fortune.
If you’re experiencing issues with your bike, but don’t have the time to fix it yourself, source a local mechanic, as franchise garages tend to be quite expensive.
The above tips are perfect for motorcycle users and enthusiasts who want to cut down their transport costs.