If you’ve spent any time around the Black Hills in the summer, you know how quickly motorcycle season sneaks up. Soon riders will be filling the highways and heading to Sturgis.
Every year, we talk with members who are shopping for a motorcycle before rally season. Some are buying their very first bike. Others are finally upgrading after riding the same motorcycle for ten or fifteen years. No matter where you fall, there are a few things worth thinking about before you start signing paperwork.
One of the most common mistakes people make is shopping before they know what fits comfortably into their budget. It’s easy to get caught up in a bike that has every feature you want, especially when you’ve been looking forward to riding season all winter. Having a financing plan before you start shopping can help you focus on motorcycles that make sense for both your riding goals and your finances.
Another thing we see quite often is buyers focusing entirely on the purchase price. The motorcycle itself is obviously the biggest expense, but it isn’t the only one. Insurance, riding gear, registration fees, maintenance, and accessories can add up faster than many people expect. A bike that looks affordable today can feel a little different once those additional costs start rolling in.
Timing can also make a difference. As the Sturgis Motorcycle Rally gets closer, more people start shopping, which means inventory can move quickly. Waiting until the last minute doesn’t necessarily mean you won’t find a great bike, but it can make the process more stressful than it needs to be. Starting your search early gives you more time to compare options and make a decision you’re comfortable with.
One assumption many buyers make is that they’ll simply figure out financing once they find the motorcycle they want. While that approach certainly works for some people, many riders appreciate knowing their options beforehand. Having a clear picture of your financing can make the buying process feel much more straightforward when you find the right bike.
Whether you’re planning a few weekend rides through the Black Hills or counting down the days until Sturgis, taking a little time to prepare before shopping can make the experience much more enjoyable.
At Sentinel Federal Credit Union, we’re proud to help riders throughout Rapid City, Box Elder, and the surrounding Black Hills area find financing that fits their needs. If you’re considering a motorcycle purchase this year, our team would be happy to help you explore your options and get ready for the road ahead.
