When considering the economical aspect of purchasing a motorcycle, there are several factors to take into account. Here's a breakdown of some factors to consider between buying a new KTM Duke 390 or a used Harley Davidson 750 or 883:
Purchase Price: Generally, buying a used motorcycle like a Harley Davidson 750 or 883 would likely have a lower upfront purchase cost compared to buying a new KTM Duke 390. However, the actual price difference would depend on the specific condition, age, mileage, and market value of the used Harley Davidson you're considering.
Maintenance and Repairs: Newer motorcycles, like the KTM Duke 390, typically come with a warranty and require less maintenance in the initial years. On the other hand, used motorcycles, especially older models, may require more frequent maintenance and repairs. Harley Davidson motorcycles, in particular, can have higher maintenance and repair costs due to their premium branding and parts.
Fuel Efficiency: Fuel efficiency can significantly impact your overall running costs. The KTM Duke 390 is known for its relatively good fuel efficiency, which can help save on fuel expenses. However, the specific fuel efficiency of the Harley Davidson 750 or 883 would depend on factors such as riding style, maintenance, and engine condition.
Insurance Costs: Insurance premiums for motorcycles can vary based on factors like the make, model, age, and rider's profile. Generally, insuring a new motorcycle can be more expensive than insuring a used one due to the higher replacement value of a new bike. Additionally, the insurance cost for a Harley Davidson might be higher compared to a KTM Duke 390 due to factors like brand reputation and associated costs.
Depreciation: New motorcycles, including the KTM Duke 390, tend to experience higher depreciation rates in the first few years. Used motorcycles, on the other hand, have already undergone significant depreciation, which means their value may stabilize. However, it's important to consider that the rate of depreciation can vary depending on the specific model and demand in the used market.
Ultimately, it's recommended to carefully evaluate the condition, maintenance history, and ownership costs of the used Harley Davidson you're considering, along with your budget and preferences. Additionally, comparing the overall costs of ownership, including purchase price, maintenance, fuel efficiency, insurance, and potential depreciation, will help you make a more informed decision about the most economical option for your specific situation.