Motorcycles And The Sharing Economy
The RMMRC stopped at Carter Lake after leaving Severance.
The RMMRC rode up to Bruce’s in Severance a few weeks ago and while there we got in a conversation with our waitress.
It turns out she and her guy ride motorcycles and they were planning a trip in a couple weeks, going to Florida to visit family. While there they planned to rent a bike and cruise over to Daytona for Daytona Bike Week. But, oh man, the regular rental places were in full mercenary mode.
In addition to the usual high price of about $175 a day, they wanted more because it was Bike Week and they knew they could get it. As in an extra $500. It was kind of like when I went to New Orleans for Mardi Gras. We got there a week before the official start to the event and ate every morning inexpensively at this particular restaurant. One morning we showed up and there was a new menu with all the same items but double the price. We asked why and the waitress told us, “Oh, that’s our carnival menu.”
No surprise then that these folks were not inclined to pay that much. She’s working in a restaurant in Severance, for Pete’s sake, they’re not wealthy. But they found an alternative: Riders Share.
I’ve written recently about Riders Share but I have never used the service or known anyone who has. But there she was. And presumably it worked out well for them. They had some nice cruiser bike lined up and as I recall it was going to cost them just around $100 a day for five days, with insurance included. You can’t beat that with a stick.
I’ve always found this concept interesting and seductive. I have three motorcycles. Why not make a little extra cash by renting them out on occasion? But that’s where you get into issues.
For instance, I have a 1980 Honda CB750 Custom. It’s an old bike, and not worth a whole lot. But hey! It’s the first motorcycle I ever bought. It was a dream come true, and I still love that bike. Sure, insurance would cover the financial loss if something happened to it but this bike is irreplaceable. It has so much emotion tied up in it. Exactly how horrible would I feel if someone else smashed it beyond redemption?
Well, what about my 1999 Kawasaki Concours? I don’t have the emotional attachment to this bike that I do with the Honda. And from time to time I have seen basically identical bikes in excellent condition for sale for essentially peanuts. The same is true for my 2006 Suzuki V-Strom 650. I love the bike but it could be replaced.
So for me it now gets to the question of what’s the point? There were a lot of years when I was scraping by and a bit of extra cash now and then would have been extremely helpful. But I’m retired now, and I’m doing fine financially. As I have said many times, if I needed more money I would not have retired. So no, I don’t think I’ll be listing my bikes for rent.
On the other hand, I do like having a bike to ride when I go somewhere, but I really don’t like the high prices the big companies charge. Something like Riders Share seems to me to be the perfect way to go. By the way, there is another company doing the same thing, called Twisted Road. If you’re planning a trip and want a bike to ride you might think seriously about checking out what is available on both these sites. I sure would.
Biker Quote for Today
Motorcycles are not all about speed. It is a feeling, and emotion, but also my therapy.
Tags: Riders Share, RMMRC
