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What to do next?

Posted: Jan 17th, '23, 16:59
by menzies3032
Hey all.

For anybody who was on here a few years back you will remember my very long and very detail decision making process on buying a new bike.
viewtopic.php?t=100451

Well the 3 year lease is up on the bike in October and if i am to try an order something new I need to start taking actions soon.

As I see it I have a few options and would welcome the thoughts of you guys :ymhug:

I will be open and say currently I am leaning towards option 1, but i am questioning myself if I am limiting my options to own something new by not going for option 2 or 3. Also I work well on the Small boys track bike but i am always limited to what days they support which can be a pain.

Option 1
Pay the final payment on the BMW F900R, I love the bike, its still low miles, extend the warrantee for a few more years and that's me happy and sorted for many more years to come. For the track continue to hire from Small Boys Track Hire Bikes

Option 2
Start over, Test ride everything again, start a new 3 year lease and try to get a road bike with ish 100 to 110bhp for a similar price as i have now. (eg KTM 890, Suzuki GSX-S 950, Kawasaki Z900) For the track continue to hire from Small Boys Track Hire Bikes

Option 3
Start over, Test ride everything again, start a new 3 year lease but on a bigger more powerful bike as around 140 to 160 bhp that would hold its own on track (eg BMW S1000R, MV Brutalli 800RR, Suzuki GSX-S 1000, ), don't hire a track bike any more

Option 4
Do option 1 but also buy my own track bike and not hire

Option 5
Do option 2 but also buy my own track bike and not hire

Not really got into the cost related to the different options yet as this might make the decision for me but just wanted to "float" my thoughts and get feedback from the group as it really helped last time.

Last time this was discussed some people got a little to passionate on the subject that descended into name calling. Lets please keep the topic in keeping with the spirit of the forum, views and options are welcome, name calling is not acceptable and will be removed and acted on.

Re: What to do next?

Posted: Jan 17th, '23, 17:11
by billinom8s
option 4


or you'll be banned from the forum.

Re: What to do next?

Posted: Jan 17th, '23, 18:50
by Ruffian
Depends on how much they want for the bmw as some bikes now are still worth what they were 3 years ago due to current climate.

That would be the underlying factor for me.
As everything has to be financially viable.

Re: What to do next?

Posted: Jan 17th, '23, 18:54
by Kata
Ruffian wrote: Jan 17th, '23, 18:50 Depends on how much they want for the bmw as some bikes now are still worth what they were 3 years ago due to current climate.

That would be the underlying factor for me.
As everything has to be financially viable.
The cost of final purchase is already agreed at star of PCP isn't it? Or do you mean what they would give if it was part-exed?

Re: What to do next?

Posted: Jan 17th, '23, 19:53
by Ruffian
Don't know as never pcp'd anything but would need to know details etc before making decisions.

If Rob can buy that bike for say "£5000" then crack on as not going to get anything else for that money as good as that bike etc.
And don't need anything else more for the road.

Then either keep renting, which is nice but costly but low maintenance,
Or buy a bike for track.

Re: What to do next?

Posted: Jan 17th, '23, 20:19
by Tvrv37
Option 4 and a ticket for Almeria this year. You know it's the right thing to do.

Re: What to do next?

Posted: Jan 17th, '23, 20:53
by menzies3032
Ruffian (Ian) yes I already know the final price and it’s around £5.5k so add a bit of warranty and your at £6k as you say £6k for a bike with 10,000 miles on it and 3 years old has got to be a steal (not that I want to but could sell it 5 minutes later for a profit). Think my head is currently on the same page as you at the moment

Tvrv37 (Phil) I am not doing a Euro this year but very seriously thinking about going back to Portimao again in 2024.

Re: What to do next?

Posted: Jan 17th, '23, 21:36
by Ruffian
menzies3032 wrote: Jan 17th, '23, 20:53 Ruffian (Ian) yes I already know the final price and it’s around £5.5k so add a bit of warranty and your at £6k as you say £6k for a bike with 10,000 miles on it and 3 years old has got to be a steal (not that I want to but could sell it 5 minutes later for a profit). Think my head is currently on the same page as you at the moment

Tvrv37 (Phil) I am not doing a Euro this year but very seriously thinking about going back to Portimao again in 2024.
See for that money,
Yep would be tempted about purchasing the bmw.
You know it and its history. Its a decent bike with no scary hidden stuff etc.

Keep it for another 2 years as most the depreciation has now been swallowed.

As for track bike, just do it, but don't buy a gixxer =))

Re: What to do next?

Posted: Jan 18th, '23, 07:21
by julesh
Buy my gixxer and have done with it 😉😁

Re: What to do next?

Posted: Jan 18th, '23, 08:06
by Kata
I'd see how much the final payment is against what it's worth. If you like the bike and you are effectively getting it cheaper than buying another one at the same age (and like Ian says you know the history) it's a.no brainer.

That's what I did with my CBR.

A track bike is all well and good if you have transport for it but renting saves transport costs doesn't it?

Re: What to do next?

Posted: Jan 18th, '23, 08:29
by Jay
Option 4 Rob :)

Re: What to do next?

Posted: Jan 18th, '23, 13:25
by Bilko1000
Keep the beemer if your not bored with it and buy a cheap track bike basically option 4.

Re: What to do next?

Posted: Jan 24th, '23, 07:50
by Fozz
Check option 3 with PCP provider as some don't allow financed bikes to be used on track days? (or don't tell them).

Re: What to do next?

Posted: Jan 29th, '23, 17:37
by goatpants
Buy my gixxer thou track bike that hasn't moved for a few years :lol:

Re: What to do next?

Posted: Jan 30th, '23, 19:20
by billinom8s
goatpants wrote: Jan 29th, '23, 17:37 Buy my gixxer thou track bike that hasn't moved for a few years :lol:
£50?