Wildguzzi.com

General Category => General Discussion => Topic started by: Huzo on October 29, 2021, 01:05:59 PM

Title: The REAL cost of a tank of fuel.
Post by: Huzo on October 29, 2021, 01:05:59 PM
Imagine a guy buys a new Norge for $20,000 and he gets 500 km to a tank of fuel...

Tyres.
$500 a set that last 20,000 km is $12 on top of every full tank.

Depreciation.
If I tried to sell my Norge at 200,000 km, I would get nothing for it. So it’s cost me $20,000 to burn 400 tanks of fuel so that’s $50 per tank.

Registration
I’ve had it since ‘07 so that’s 15 years, @ 500 per year that’s $7,500 in rego. If I’ve burned 400 tanks of fuel in that time, that equals $190 per tank.

Then there’s servicing costs etc...Remember, these costs are based on ADDITIONAL expenditure PER TANK.
(We haven’t put the fuel in yet.... :rolleyes:)
Of course you don’t think of all this at these times.
(https://i.ibb.co/SxwmCSp/0-D2-C9-C5-D-FDA7-4-D75-A58-D-6679-CAED24-A2.png) (https://ibb.co/SxwmCSp)

(https://i.ibb.co/BGF3SW9/222-F767-F-BE48-4-C5-E-924-B-ABF17-B3-D12-F3.png) (https://ibb.co/BGF3SW9)

(https://i.ibb.co/D7vDWT0/4-C17-BDF2-5-EB8-4-FD7-8044-CF48556820-A8.png) (https://ibb.co/D7vDWT0)

Anyone got anything to add before I break out the abacus...? :popcorn: :popcorn: :popcorn:
Title: Re: The REAL cost of a tank of fuel.
Post by: Scout63 on October 29, 2021, 01:30:29 PM
Ummmmmmm...
Title: Re: The REAL cost of a tank of fuel.
Post by: Sye on October 29, 2021, 01:35:22 PM
Worth every penny and more 👍
Title: Re: The REAL cost of a tank of fuel.
Post by: Huzo on October 29, 2021, 01:38:13 PM
Worth every penny and more 👍
Nah..
A waste of money, I hardly ride mine..
Title: Re: The REAL cost of a tank of fuel.
Post by: ozarquebus on October 29, 2021, 01:40:54 PM
and once the motorcycle was a cheaper alternative to driving a car, my son...and other fairy tales.

Ride outlaw 50cc and stick it to the Man!
Title: Re: The REAL cost of a tank of fuel.
Post by: Huzo on October 29, 2021, 01:49:10 PM
and once the motorcycle was a cheaper alternative to driving a car, my son...and other fairy tales.

Ride outlaw 50cc and stick it to the Man!
I love you... :grin:
Title: Re: The REAL cost of a tank of fuel.
Post by: Texas Turnip on October 29, 2021, 01:54:19 PM
Cost of everything is very important. My attorney tells me how much it is going to cost me before I marry my next ex wife.

Tex
Title: Re: The REAL cost of a tank of fuel.
Post by: Tkelly on October 29, 2021, 02:21:06 PM
What is the cost per year for mental health treatment if you don’t ride.No motorcycles in the shrink patient lot.
Title: Re: The REAL cost of a tank of fuel.
Post by: Huzo on October 29, 2021, 02:33:12 PM
This thread just got uncomfortable :embarrassed:
Nah..
Close your eyes and you wouldn’t know the difference.
Title: Re: The REAL cost of a tank of fuel.
Post by: Nick on October 29, 2021, 03:21:45 PM

Registration
I’ve had it since ‘07 so that’s 15 years, @ 500 per year that’s $7,500 in rego. If I’ve burned 400 tanks of fuel in that time, that equals $190 $19 per tank.


Anyone got anything to add before I break out the abacus...? :popcorn: :popcorn: :popcorn:

Insurance
Title: Re: The REAL cost of a tank of fuel.
Post by: inditx on October 29, 2021, 03:44:06 PM
Yeah I gave up a long time ago trying to justify motorcycle ownership.
I don’t drink, do drugs or chase women so.....I can ride-on!
Well a glass of wine every once in awhile and chasing my wife of course!
inditx
Title: Re: The REAL cost of a tank of fuel.
Post by: Huzo on October 29, 2021, 03:56:43 PM
Insurance
Thanks mate.
It looked like a lot didn’t it... :embarrassed:
Title: Re: The REAL cost of a tank of fuel.
Post by: SmithSwede on October 29, 2021, 05:52:41 PM
Cost of everything is very important. My attorney tells me how much it is going to cost me before I marry my next ex wife.

Tex

Tex, there’s an easier way to do that marriage/divorce thing.  Just find a woman you really really hate, and give her your house.   

(Old Lewis Grizzard joke.   And he had personal experience)
Title: Re: The REAL cost of a tank of fuel.
Post by: lucian on October 29, 2021, 06:07:21 PM
Don't forget to add the costs of the other bike/ bikes you can't ride while you're out on the Norge :popcorn:
Title: Re: The REAL cost of a tank of fuel.
Post by: rschrum on October 29, 2021, 06:08:01 PM
500 registration. No wonder your roads are in such good shape.
Title: Re: The REAL cost of a tank of fuel.
Post by: SmithSwede on October 29, 2021, 06:14:27 PM
In all seriousness, I figure I’m at about 15 cents per mile all in, and that includes fully depreciating the cost of the bike.  So getting reimbursed at the federal mileage rate of 56 cents means I’m turning a profit. 

Yes, the gas mileage on a bike is decent, but cars have caught up a lot compared to the 1970s.   

Motorcycle tires are a serious drain compared to a car, and most new people don’t realize that.  You really don’t want to run crap tires on a bike, and they don’t last long compared to car tires. 

To me, the big savings on a bike are depreciation and cost of maintenance.   I paid about $7500 for the Guzzi, and can reasonably expect to get 250,000 miles from it.  That’s a measly 3 cents a mile. 

I can and will do most of my own maintenance on the Guzzi.  My last clutch job was about $200 in parts.   I would not do clutch or transmission work on a “nice” sporty fun to drive car, and bet it would be very expensive.  My coworkers seem to think it’s normal to spend $1500 to $2000 for dealer repair work on their nice new cars. 
Title: Re: The REAL cost of a tank of fuel.
Post by: Motormike on October 30, 2021, 02:44:29 PM
Just be glad it's not an airplane or a boat!
Title: Re: The REAL cost of a tank of fuel.
Post by: Tom on October 30, 2021, 03:58:03 PM
 :grin: :grin: :grin:
Title: Re: The REAL cost of a tank of fuel.
Post by: pete mcgee on October 30, 2021, 04:33:51 PM
Pete,
The cost of mental health:    priceless.
Title: Re: The REAL cost of a tank of fuel.
Post by: JJ on October 30, 2021, 04:48:53 PM
Pete,
The cost of mental health:    priceless.

* Agreed, wholeheartedly....  :wink: :thumb: :cool:

* If you want to PLAY...then, ya gotta PAY!!

* Never regret spending money on the things that make you happy... :boozing: :cool:
Title: Re: The REAL cost of a tank of fuel.
Post by: kellercycle on October 31, 2021, 10:34:43 AM
I don't try to justify cost of ownership. 50 years ago I accepted that the rides have more than compensated for cost .