Author Topic: How Much of Your Income Is Spent on Motorcycling?  (Read 8068 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?
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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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Offline Laminar

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Re: How Much of Your Income Is Spent on Motorcycling?
« Reply #25 on: August 18, 2009, 06:28:04 am »
Quote
According to my new budget,

Whats a budget???  ;D

It's what your fiancée makes you get when you're going to get married.

Offline Terry in Australia

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Re: How Much of Your Income Is Spent on Motorcycling?
« Reply #26 on: September 05, 2009, 12:45:32 am »
Don't get married mate, it's over rated, instead, spend your money on things that don't tell you what you can spend your money on..........  ;D

Oh, and I spend most of my money on my bikes, according to my wife..............  ::)
I was feeling sorry for myself because I couldn't afford new bike boots, until I met a man with no legs.

So I said, "Hey mate, you haven't got any bike boots you don't need, do you?"

Offline Gordon

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Re: How Much of Your Income Is Spent on Motorcycling?
« Reply #27 on: September 05, 2009, 02:26:23 pm »
More than I should.

Less than I want to. 

Offline JaredKnecht

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Re: How Much of Your Income Is Spent on Motorcycling?
« Reply #28 on: May 30, 2015, 05:52:44 pm »
Wanted to make a million dollars in the motorcycle industry. so I started with 2 million dollars.

Offline Stev-o

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Re: How Much of Your Income Is Spent on Motorcycling?
« Reply #29 on: May 30, 2015, 06:31:29 pm »
I'm a 10 percent-er. Or maybe more this year, I've bought 4 bikes...
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Offline FunJimmy

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Re: How Much of Your Income Is Spent on Motorcycling?
« Reply #30 on: May 30, 2015, 08:12:52 pm »
I'm finally at a stage that just maintenance and the occasional farkel are required so 2015 should be about 2%.
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Offline Djfob

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Re: How Much of Your Income Is Spent on Motorcycling?
« Reply #31 on: May 30, 2015, 10:27:12 pm »

I'm finally at a stage that just maintenance and the occasional farkel are required so 2015 should be about 2%.

That's true you come to a point where there's not much left to do. Then go out a buy another and start that whole process over.

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Offline Terry in Australia

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Re: How Much of Your Income Is Spent on Motorcycling?
« Reply #32 on: May 31, 2015, 05:50:09 am »
I've got 5 bikes on the road, so just registration, insurance, and maintenance keeps me poor. God help me when I finish all my other projects............ ;D
I was feeling sorry for myself because I couldn't afford new bike boots, until I met a man with no legs.

So I said, "Hey mate, you haven't got any bike boots you don't need, do you?"

Offline grcamna2

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Re: How Much of Your Income Is Spent on Motorcycling?
« Reply #33 on: May 31, 2015, 06:20:10 am »
I spend 50%+ and that's a Big plus+  ;D,but my cycle is my 'Freedom and Adventure' vehicle and I really can't live w/o either one of those.I KNOW I'd spend more than 50% if I could afford it  ;)
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Offline vfourfreak

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Re: How Much of Your Income Is Spent on Motorcycling?
« Reply #34 on: June 18, 2015, 11:56:16 am »
Less than zero. Ex problems ( >:() has had me selling lovely stuff and no projects are getting progressed.

And I'm getting older.

This year I bought a Karcher, a fcuk off big fridge, a bloody tumble drier, and all sorts of nonsense for the garden. And a load of poncy red cushions ffs.

The RC30 gives me reproaching looks.

Kev

Offline Justin

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Re: How Much of Your Income Is Spent on Motorcycling?
« Reply #35 on: August 19, 2015, 10:51:55 pm »
Less than zero. Ex problems ( >:() has had me selling lovely stuff and no projects are getting progressed.

And I'm getting older.

This year I bought a Karcher, a fcuk off big fridge, a bloody tumble drier, and all sorts of nonsense for the garden. And a load of poncy red cushions ffs.

The RC30 gives me reproaching looks.

Kev


If the RC30 gets too uncomfortable with your pooftie money spending habits, she can always come stay with my for a bit while she cools her temper  ;D ;D

I've stupidly been keeping track of all the $ on each bike... but if I had to venture a guess, I'd say that somewhere around 10-15% goes to motorcycles, and it's still not enough. At least not to get things done on the timeline that I want them done by.

How much beer does your big arse fridge hold?  :o

 

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