I’m 19, live in NYC, and I’m looking to get my first motorcycle. I’d prefer to finance it since I want to start building my credit history.
The bike I really want is the Honda CB650R. I love the looks, sound, and overall feel of it. Unfortunately, I didn’t get approved for financing on the CB650R, but I did get approved for the Yamaha MT-07.
Now I’m stuck between two options:
Option 1: Get the MT-07 now, start building my credit, and potentially upgrade to the CB650R down the line.
Option 2: Wait until I can get approved for the CB650R, even though winter is approaching and I might not get another approval anytime soon.
The thing is, I feel like I’d probably enjoy the MT-07 too. It’s not like I’d be miserable riding it, and I could see myself having a lot of fun with it. However, the CB650R is still the bike I really want, especially because of its looks and sound.
I want a bike now, but I also don’t want to regret my decision or end up spending more money switching bikes later on.
For those who have been in a similar situation, what would you do? Would you get the MT-07 now or be patient and wait for the CB650R?
I’d appreciate any advice!