Is it Worth Leasing A Motorcycle?

If you’ve ever dreamt of owning a motorcycle and getting out on the open road, then it’s worth looking at the different options for getting a bike of your own.

Typically, a buyer will either purchase the motorcycle with cash, get a loan or choose to lease it.

There are some pros and cons with leasing a motorcycle:

Pros

1. Typically, the lease payments will be lower than loan repayments.
2. It can be easy to upgrade the bike in the future.
3. Leasing offers an opportunity to “try before you buy”.

Cons

1. You never own the motorcycle yourself.
2. There can be limits on how far you’re able to ride the bike.
3. You can’t make adjustments or modifications.