Motorcycle Theft Makes Leasing Even More Appealing

Have you ever sat back to think just about how many motorcycles get stolen each year? If you haven’t, you really should; because the figures are staggering.

In the UK, for example, the Home Office estimated that around 30,000 bikes would be reported to have disappeared mysteriously in 2017. The estimate proved to be almost accurate. Worrying, right?

But that is not the most intriguing stat. More shocking is that only around 40% or the reported stolen bikes are recovered, and a good number of these have suffered a serious defacing by the time they are found.

Which then begs the question:

Where and when do motorcycles get stolen?

The garage is the number one spot for motorcycle theft in most areas. The most common theft model is ‘break-in, disengage, then push the bike out silently. That way, the owner or neighbours are unlikely to be alerted by noise. Since motorcycles are rarely used on a daily basis, it may take a while to notice that one is missing.

Motorcycles can be classified as small automobiles so their theft is almost akin to pilferage

Increased leasing rather than buying

Now, seeing as most motorcycles are stolen when not in use, bike enthusiasts will thus be more interested in bikes that they don’t have to keep when not in use. Those who buy bikes will be more likely to dispose of the risk by hiring out their bikes in seasons when they don’t have any use for them.

Others, on the other hand, will prefer to lease bikes only for particular periods, then return them when they have had their fill of the thrill. The overall result will be a surge in the popularity of leasing as a model of bike ownership. This will be made even easier by the presence of lease companies that act as a broker between owner and lessee.