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Costs ....
Posted: Tue Dec 15, 2015 11:04 am
by slparry
As we're on the run down to the Xmas break at work things have tailed off a bit so having a bit of time on my hands I roughly chucked some figures into Excel on K ownership over the 8 years of ownership so far.
Some of the costs are estimates as my big file of invoices and receipts is at home but I think it's a fair "finger in the air" approximation.
The final 54p per mile makes a bit of a mockery of the HMRC allowance of 24p per mile. Hells teeth they allow 20p a mile to run a push bike so they reckon a motorbike only costs 4p a mile more !!!!
As for the extended warranty, seeing as it's covered an ABS pump (£1400), two rear ESA's (£2000 each ), an instrument console (£1100) plus a myriad of other bits I think I'm well in price wise plus it's got Euro wide recovery
Posted: Tue Dec 15, 2015 12:44 pm
by Dog Tyred
£100 a year for insurance
I wish
DT
Posted: Tue Dec 15, 2015 12:51 pm
by slparry
Dog Tyred wrote:£100 a year for insurance
I wish
DT
I pay £230 for my 4 bikes on one policy, and as it's the highest risk, by virtue of performance, I figured a £100 was a reasonable split
Posted: Tue Dec 15, 2015 8:56 pm
by boxerscott
That`s interesting Steve and that figure of costs in use may sound high to some of us but you do cover more miles than most and use your bike for work? which offsets against other vehicular costs?
Do you consider it value for money?
Posted: Tue Dec 15, 2015 9:30 pm
by slparry
boxerscott wrote:That`s interesting Steve and that figure of costs in use may sound high to some of us but you do cover more miles than most and use your bike for work? which offsets against other vehicular costs?
Do you consider it value for money?
Thankfully Chris I no longer use my bikes for work, but they're still my primary transport.
To be honest cost doesn't come into as it's also my primary source of fun
Posted: Tue Dec 15, 2015 9:49 pm
by Henners
Exactly Steve ~ that's why I never keep mpg records
Posted: Tue Dec 15, 2015 9:52 pm
by Blackal
slparry wrote:
To be honest cost doesn't come into as it's also my primary source of fun
and yet - you log all fuel costs?
That doesn't really sound like fun - more like ........... CDO.
(that's like OCD - but I always arrange the letters - alphabetically)
Al
Posted: Wed Dec 16, 2015 7:38 am
by slparry
Blackal wrote:slparry wrote:
To be honest cost doesn't come into as it's also my primary source of fun
and yet - you log all fuel costs?
That doesn't really sound like fun - more like ........... CDO.
(that's like OCD - but I always arrange the letters - alphabetically)
Al
No I don't I did an estimate, I know the K does about 240 miles per tank so did a finger in the wind calculation of how much it's cost in fuel over the years
Posted: Fri Dec 18, 2015 4:31 pm
by Grip Fast
Blackal wrote:
That doesn't really sound like fun - more like ........... CDO.
(that's like OCD - but I always arrange the letters - alphabetically)
Al
Brilliant! Very funny.
Posted: Fri Dec 18, 2015 5:54 pm
by slparry
Dog Tyred wrote:£100 a year for insurance
I wish
DT
Actually Greg, I put my details into MCN Compare and it came back with just £68.99 Fully Comp for my K12GT, pretty good I think
... oh and that was with selecting no voluntary excess too as I never find it makes a cost effective option to be honest, the option of a pillion and SD and commuting use.
https://mcncompare.motorcyclenews.com/bike/
Posted: Fri Dec 18, 2015 6:21 pm
by Herb
Insurance does go down with age! They will be paying you soon Steve.
Posted: Fri Dec 18, 2015 6:51 pm
by roadburner
I used to have a mini (very highly modified that i worked out cost me £1 per mile, and hat was without the 10,000 mile engine rebuilds or the cost of building the car (about £20K)
that was why i got back into bikes
nowadays my insurance is dirt cheap:
main bike, a 12 plate speed triple costs this.
