Author Topic: How Much of Your Income Is Spent on Motorcycling?  (Read 8165 times)

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Offline bunghole

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How Much of Your Income Is Spent on Motorcycling?
« on: June 16, 2009, 01:58:14 pm »
I often wonder what is a reasonable amount to spend on my passion for motorcycles and motorcycling.  I am currently debating buying a new VFR800 (2008 or 2009).  Sometimes I think I go overboard, but I have a good income and live comfortably.  I figure I spend about 10% of my gross income on motorcycling.  What about y'all?
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Offline kghost

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Re: How Much of Your Income Is Spent on Motorcycling?
« Reply #1 on: June 16, 2009, 06:56:41 pm »
Its a hard thing to quantify......

Does the shop count?

Power bill for the shop?

Tools bought in the last few years or just the motorcycle ones?

Gas, Oil, Insurance?

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Offline bunghole

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Re: How Much of Your Income Is Spent on Motorcycling?
« Reply #2 on: June 16, 2009, 09:09:35 pm »
Its a hard thing to quantify......

Does the shop count?

Power bill for the shop?

Tools bought in the last few years or just the motorcycle ones?

Gas, Oil, Insurance?



Man...

Why you gotta make it tricky? :)

Bikes...parts...gear...bike specific tools...

You know as well as I when you spend a dollar whether or not it is for the motorcycle junkie push...

« Last Edit: June 16, 2009, 09:23:17 pm by bunghole »
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Offline bunghole

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Re: How Much of Your Income Is Spent on Motorcycling?
« Reply #3 on: June 16, 2009, 09:10:49 pm »
Who spends less than 1%???

You are hereby banished from this forum!!!!!!!!!!!!!
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Offline Frankencake

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Re: How Much of Your Income Is Spent on Motorcycling?
« Reply #4 on: June 16, 2009, 09:35:47 pm »
INCOME? ??? ??? ???  100% of zero is still zero.
"Sure, if you don't want that bike in your backyard, I guess I'll take it."  "I'll probably just scrap it......"

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Offline bunghole

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Re: How Much of Your Income Is Spent on Motorcycling?
« Reply #5 on: June 16, 2009, 09:48:47 pm »
INCOME? ??? ??? ???  100% of zero is still zero.

YEP...but it is still 100% which I have provided for in my survey :)
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Offline Hope

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Re: How Much of Your Income Is Spent on Motorcycling?
« Reply #6 on: June 17, 2009, 07:53:22 am »
After I got my 550 running right, that was all I needed.  I'm only out of pocket for maintenance now.

Offline Gordon

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Re: How Much of Your Income Is Spent on Motorcycling?
« Reply #7 on: June 17, 2009, 07:57:29 am »
I don't ever want to know! ;D  As long as I'm happy and able to keep busy, and can pay my bills without struggling, then I don't care how much I spend on my bikes.  Besides, if I ever saw the actual number laid out before me I would probably cry. :'( :'(

Offline Inkscars

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Re: How Much of Your Income Is Spent on Motorcycling?
« Reply #8 on: June 17, 2009, 07:58:46 am »
I added up how much I have in my bike  vs. how much I've made this year. That's how I got my percentage.
I'm less than 1% but only by about 70 dollars.
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Offline Laminar

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Re: How Much of Your Income Is Spent on Motorcycling?
« Reply #9 on: June 17, 2009, 08:00:54 am »
Too much. That's all I know.

Offline Industrial Rat400f Killer

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Re: How Much of Your Income Is Spent on Motorcycling?
« Reply #10 on: June 17, 2009, 08:26:55 am »
What ever is left over after making "The Wife" happy and sometimes a little she doesn't know about. ;)

Offline MCRider

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Re: How Much of Your Income Is Spent on Motorcycling?
« Reply #11 on: June 17, 2009, 08:30:50 am »
It really varies, as some years were near 0, others much higher. But on average in my adult life its 10% per year. There were years I didn't make much, lived in a house with a bunch of losers (like myself) and it was probably 50%, the rest was for rent and beer. Oh, and food.
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Offline kghost

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Re: How Much of Your Income Is Spent on Motorcycling?
« Reply #12 on: June 17, 2009, 11:56:51 am »
I complicated it because theres stuff I use for motorcycles that I use for other stuff.... ;)

For example....the wheel bearing grease I use happens to exactly meet the Specifications called for by Cessna for lubing flap motor drive threads.....

Is it Motorcycle or Cessna?

I use it for both......

Shop is the same way.....

Welding equipment? Gets used for lots of stuff.

Air compressor, beadblast cabinet, hand tools, even the motorcycle lift get used for all sorts of stuff.

If it were a question of Gearhead hobby expenditures I could ball park it....
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Offline Really?

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Re: How Much of Your Income Is Spent on Motorcycling?
« Reply #13 on: June 17, 2009, 12:34:47 pm »
Who spends less than 1%???

You are hereby banished from this forum!!!!!!!!!!!!!

Based on income, right?

Offline heffay

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Re: How Much of Your Income Is Spent on Motorcycling?
« Reply #14 on: June 17, 2009, 12:44:55 pm »
precisely... maybe they make a mil a year... that's 10k  ;D
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Offline bunghole

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Re: How Much of Your Income Is Spent on Motorcycling?
« Reply #15 on: June 17, 2009, 01:11:33 pm »
precisely... maybe they make a mil a year... that's 10k  ;D

If you make a mil a year and aren't spending more than 10k, then SHAME ON YOU!!!

Or at least spend it on us.
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Offline heffay

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Re: How Much of Your Income Is Spent on Motorcycling?
« Reply #16 on: June 17, 2009, 01:13:26 pm »
you blow a lot of money, don't you?
Today: '73 cb350f, '96 Ducati 900 Supersport
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Offline myhondas

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Re: How Much of Your Income Is Spent on Motorcycling?
« Reply #17 on: June 17, 2009, 01:34:52 pm »
Some years not much. But like last year I spent alot more than normal. New trailer, two bikes, lots of accessaries and such. This year, I will be buying parts, paying for professional help where needed and all the other stuff that goes along with trying to restore a bike that sat outside uncovered for 26 years.
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Offline kghost

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Re: How Much of Your Income Is Spent on Motorcycling?
« Reply #18 on: June 17, 2009, 01:49:15 pm »
you blow a lot of money, don't you?

Hey....we're not Harley riders!!!    ;D ;D ;D ;D
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Offline Grizzly

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Re: How Much of Your Income Is Spent on Motorcycling?
« Reply #19 on: June 18, 2009, 05:24:25 am »
Far to much, but I would like to spend more. If you get what I mean ???

The older I get the faster I used to be!!!!

Offline HavocTurbo

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Re: How Much of Your Income Is Spent on Motorcycling?
« Reply #20 on: June 24, 2009, 11:11:48 pm »
So if I spend more than my income some years and less than others...

Maybe I'm breaking even?

Either way food isn't important.
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Offline jhasewhite

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Re: How Much of Your Income Is Spent on Motorcycling?
« Reply #21 on: July 13, 2009, 07:53:30 pm »
cash in my pocket = burrito, tank or three of gasoline, front tires and lots of oil. I spend about 50%, but then again I'm kind of really poor.
slow and steady does nothing.

Offline Stormer

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Re: How Much of Your Income Is Spent on Motorcycling?
« Reply #22 on: July 14, 2009, 12:47:51 pm »
Lots of.
To be honest, the restoration of my 1980 six cylinder CBX took all my finances, which I saved during twenty years of hard work.
Isn't life GREAT?!?! ;D
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Offline Laminar

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Re: How Much of Your Income Is Spent on Motorcycling?
« Reply #23 on: July 14, 2009, 12:53:15 pm »
According to my new budget, 6.5% of my income is allotted for vehicle maintenance and motorcycle fun. We'll see how well I stick to this.

Offline manjisann

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Re: How Much of Your Income Is Spent on Motorcycling?
« Reply #24 on: August 17, 2009, 06:54:59 pm »
Quote
According to my new budget,

Whats a budget???  ;D

Lets see, last year I spent approx $2500, this year I'm around $5k and the year isn't finished and neither is my build. So the answer is too much, but I wouldn't have it any other way.

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