Heres a good video showing the side to side rolling of a car tire:
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That just looks wrong...
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Car tires last longer because they're made of harder rubber, and because of this they don't stick to the road as well as motorcycle tires, but that's fine for cars because they have four of them, and one (or even all four tires) losing traction doesn't necessarily mean that the car is going to crash.
Motorcycle tires wear out faster because they're made of softer rubber that grips the road much better. I guess some will say that the increased contact patch of the car tire makes up for this, which it might
in a straight line, but as this video shows, as soon as the bike leans into a corner, the contact patch is no bigger (and possibly smaller) than it would be on a motorcycle tire, therefore you will have much less grip at precisely the time that you need grip the most.
Most of these bikes I'm seeing car tires on are pretty expensive machines, being ridden by guys who probably don't blink at the thought of spending thousands of dollars on all the gear they're wearing, but then they decide to skimp on how much they're willing to spend on a freaking tire? Arguably one of the most important pieces of safety equipment on a motorcycle?
The arguments I've seen that are pro car tires all remind me of the arguments from people who say it's safer to ride without a helmet. It's a bunch of ignoring facts and common sense and all seems like rationalizations that are come up with after-the-fact to support a decision that was made for less than intelligent reasons.