Don't forget about resale value

Published: 05 January 2017

Everybody loves a bargain and it's easy to just opt for the cheapest example of something, be it a motorcycle or a TV. But when it comes to motorcycling you also have to think about resale value, and more often than not, the cheapest bikes to put on the road won't hold their value.

Our Office Manager recently bought a Honda SH125 that's over a decade old. It's seen a fair amount of use in its lifetime so far, and she managed to pick it up for £700. A new, up-to-date SH125 from the Japanese giant would cost £3199, so it's lost £2499 over its lifetime.

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On the other end of the spectrum another member of staff recently parted with their hard earned cash for a 2015 Sinnis Harrier 125. A new, rather swanky-looking to be fair, Sinnis Harrier 125 would set you back just £1099 compared to the £3199 of a new SH125, saving you £2100.

But now, just one year and 6000 miles of use later the Sinnis was snatched up for just £120. Although it should be noted our member of staff got a cracking deal - he reckons they'd sell it for closer to £400.

While he wishes to remain anonymous for fear of embarassment, he had a reason for buying the Sinnis: "I was desperate for a winter hack and love the fun, practicality and cheapness of a scooter. When the Sinnis came up I jumped at the chance to buy it. It’s been abused for two years by a London commuter, but I’m going to clean it up and fit a 150cc big-bore kit to give it a bit more zing."

A quick look on MCNbikesforsale.com shows year old Honda SH125s are still fetching over £2000.

So while the super cheap Chinese scooters and small bikes are incredibly tempting at first glance, you're going to be disappointed in a year or two when you're looking to get rid of your cheap and cheerful bike to move up to something a little more serious. The initial outlay will be much higher, but you'll get a decent sum back at then end of it if you buy a bike from a more reputable manufacturer.

 

Looking for the perfect two-wheeled companion? Visit MCN Bikes For Sale website or use MCN's Bikes For Sale App.