I'm really busy at the moment (work, getting my bike and gear collection back into shape for my return to riding this week) and I will have to reserve proper treatment of this subject for later; there are several misconceptions that I've seen so far in this thread. However, I thought I'd quickly offer some thoughts to those playing up the danger aspect of riding. Once upon a time, yes, the safety gear was actually more dangerous than falling off the bike in the first place. People pretty much fell or were knocked off their bike at speed and instantly died or suffered mortal wounds with or without gear. (This is where the modern conception of motorcycle crash = instadeath comes from, in part.)
Those days were long, long ago and will not be coming back.
Let's look at the last two significant bike accidents that I can recall from our FG bike population - CrazyJeeper's and mine. CrazyJeeper went into the back of a Lexus RX on a surface street, got ejected, flew over the Lexus and slammed down on some rather hard concrete paving. Significant damage: Cracked or broken wrist bone (I can't remember which and am sure he will be happy to tell us), walked out of the hospital the same day. Me? I was on a highway, got body-checked by a Dodge Durango, slammed head first into some silver car that was actually doing highway speeds, got ejected from my bike, caught some serious air, landed quite a distance away (still on the highway paving) and then had my own bike come over and land on me.
Strangely, I don't appear to be dead. Well, at least no more dead than I was before.
Significant damage: Concussion, pinched nerve in leg, staggered out of the hospital the same day.
Nobody here is pretending that motorcycling is an entirely safe activity ("Remember when sex was safe and motorcycles were dangerous?") But then, getting out of bed is a dangerous activity, too; motorcycling involves a certain level of risk, but it's less than is commonly perceived unlike incidents around the home. Luck played some part in CJ's and my crashes, but more of the credit goes to the mainline armor we both wear which these days (unlike when I started riding almost 20 years ago) is both highly effective and inexpensive.
When you see an article in the newspaper or on the television about a motorcyclist being killed, I suggest you do some research. You will usually find that the rider was maybe wearing a full-face helmet at best; the majority of motorcycle fatalities these days are riders who wear no, not enough, or ineffective gear (such as those stupid beanie helmets the Harley guys affect.) A fully accoutered and armored street rider who is riding defensively is surprisingly resistant to the "Surprise! Death!" thing. Yes, even when we get hit by cars a couple of times.
Of interest to those like the original poster who are considering older small cars: Back in the 1970s and 1980s, various US government agencies compiled some stats that should be eye opening. Back then, motorcycling gear was either in or had just started to get out of the "more dangerous than crashing unprotected" stage of its development. Even so, it was found with alarming regularity that while a motorcyclist was more likely to suffer serious injury should a collision or incident occur, the occupants of contemporary compact or subcompact car were actually far more likely to
die than the motorcyclist. This was due in part to the fact that the stricken motorcyclist could be quickly scooped up and spirited off to the ER/casualty ward immediately whereas the compact car driver was trapped in a wadded ball of metal from which they would have to be extracted. Despite the advent of and widespread use of hydraulic extraction tools in this era, it was not unusual for compact car drivers in serious accidents to bleed to death while waiting for extraction.
Motorcycling gear has gotten better. Those ancient compact cars? Not so much. In fact, they've gotten worse due to the proliferation of heavy SUVs. If I was told today to pick between a 1976 Ford Fiesta and a 1976 Honda CB750K for my transport with an eye towards safety, I know what I would choose. And it wouldn't be the Fiesta.