Always better to buy a bike in full with cash, especially if you’re young… for instance my most recent bike I bought. A 2022 kawi zx6r. Was looking on marketplace for more than 6 months while I was saving up money looking for a deal. One day I thought, I haven’t checked Craigslist in a while. I found the bike about 5 hours away 2022, 2500miles, mint condition, for 7 thousand when similar bikes are posted for 10 grand or more. I hit him up and was able to go get the bike about a week later. My Insurance agent told me full coverage was obscene at $500+. Good thing I bought the bike in cash bc I got $35 liability, and I’m riding the bike I want to completely legally without worrying about making payments. I’d like to have full coverage but oh well, it’s just motivation to ride safer…I would never be able to afford a payment and full coverage every month. But I have the bike I want because I busted my ass saving up, lived cheaply, and waited for months saving up and looking for a good deal.
Thank you for sharing this! This is my thoughts exactly. Paying cash is 100% the way to go and I wish more people took this exact approach. 3 out of the 5 bikes I’ve owned were financed. The 2 that I paid cash for was my Zx6r and CBR1000RR. Those two decisions were the best decisions I’ve ever made because like you said, insurance and finance payments are ridiculously high. I’m super glad that you got a crazy good deal on a 2022 Zx6r for $7,000. My 2013 Zx6r that I bought 2 years ago was for $7,000z that’s a REALLY good deal ha thanks for your support and sharing man 💯
2:18 looks like a gen2 sv650 (I ride one) I get super cheap liability insurance on it with Geico 19$ a month even with me being relatively new rider(6 months riding experience when I switched to Geico) For the state I’m in it’s ridiculously cheap
I have a 1981 Yamaha 650 Maxim and a 2024 Yamaha MT-07 full coverage with low deductibles $57 per month for both. The 2024 is financed with a low payment,Insurance is progressive. Never go without insurance!
my bike costs 2500, i have liability insurance only, its been already 1 year, no major crashes and mine has crash bars btw, so yea if i had full coevrage i woulda paid the feds half my bikes value already soooo yea
This is nothing but facts! Gotta be weary of having full coverage. It truly depends on the person and bike. I would have e done the same thing in your case
@@chillwithkea and in terms of it getting stolen i live in fairly decent area, and i dont park it places a lot so im not too worried about it getting stolen, but if u live in city or park it in sketchy spots a lot, thats also something to consider
Yo man I haven't seen anyone ask and I'm sorry if you've answered, what happened to the Honda? Did ya sell it and go back to the 750? edit: Forgot to mention, great vid. Thankfully I know most of this but its great to get a refresher from time to time haha
Broooo I sold the Honda! I just realized that I haven’t even made a video about that. It ended up having major problems with the Honda that I found out later. I ended up selling it and getting my Ole Reliable 750 back lmao Definitely appreciate your support brotha!
Always better to buy a bike in full with cash, especially if you’re young… for instance my most recent bike I bought. A 2022 kawi zx6r. Was looking on marketplace for more than 6 months while I was saving up money looking for a deal. One day I thought, I haven’t checked Craigslist in a while. I found the bike about 5 hours away 2022, 2500miles, mint condition, for 7 thousand when similar bikes are posted for 10 grand or more. I hit him up and was able to go get the bike about a week later. My Insurance agent told me full coverage was obscene at $500+. Good thing I bought the bike in cash bc I got $35 liability, and I’m riding the bike I want to completely legally without worrying about making payments. I’d like to have full coverage but oh well, it’s just motivation to ride safer…I would never be able to afford a payment and full coverage every month. But I have the bike I want because I busted my ass saving up, lived cheaply, and waited for months saving up and looking for a good deal.
Thank you for sharing this! This is my thoughts exactly. Paying cash is 100% the way to go and I wish more people took this exact approach. 3 out of the 5 bikes I’ve owned were financed. The 2 that I paid cash for was my Zx6r and CBR1000RR. Those two decisions were the best decisions I’ve ever made because like you said, insurance and finance payments are ridiculously high. I’m super glad that you got a crazy good deal on a 2022 Zx6r for $7,000. My 2013 Zx6r that I bought 2 years ago was for $7,000z that’s a REALLY good deal ha thanks for your support and sharing man 💯
2:18 looks like a gen2 sv650 (I ride one) I get super cheap liability insurance on it with Geico
19$ a month even with me being relatively new rider(6 months riding experience when I switched to Geico)
For the state I’m in it’s ridiculously cheap
$19 a month!? That's wild. It's good to know that it's a Sv650. It sounded nice in person
Im glad you talked about this bc like you said, most youtubers dont.
Absolutely, definitely appreciate you checking this out
never buy a bike that u cant afford cash
Keeping it real as always 🤙
Thanks my guy! 💯
and i think no insurance makes u think different than if u had full coverage you feel protected
I have a 1981 Yamaha 650 Maxim and a 2024 Yamaha MT-07 full coverage with low deductibles $57 per month for both. The 2024 is financed with a low payment,Insurance is progressive. Never go without insurance!
Wow that’s not bad at all! I’m learning more and more that it really depends on the bike as well.
my bike costs 2500, i have liability insurance only, its been already 1 year, no major crashes and mine has crash bars btw, so yea if i had full coevrage i woulda paid the feds half my bikes value already soooo yea
This is nothing but facts! Gotta be weary of having full coverage. It truly depends on the person and bike. I would have e done the same thing in your case
@@chillwithkea and in terms of it getting stolen i live in fairly decent area, and i dont park it places a lot so im not too worried about it getting stolen, but if u live in city or park it in sketchy spots a lot, thats also something to consider
Yo man I haven't seen anyone ask and I'm sorry if you've answered, what happened to the Honda? Did ya sell it and go back to the 750?
edit: Forgot to mention, great vid. Thankfully I know most of this but its great to get a refresher from time to time haha
Broooo I sold the Honda! I just realized that I haven’t even made a video about that. It ended up having major problems with the Honda that I found out later. I ended up selling it and getting my Ole Reliable 750 back lmao
Definitely appreciate your support brotha!
@@chillwithkea Ahhhh doooope. I was missing the GSXR haha, awesome to see it back.
I have a 24 gsxr 750 im with Allstate I pay 145 full coverage
Dang that’s it!? That’s not bad at all!
@@chillwithkeaok just looked at my policy. I am missing comprehensive I have everything else tho