Save Money Riding Electric Scooters
With mileage of 80 mpg or more, a scooter can obviously save you money at the gas pump. But there are other
factors to think about, including: When would you break even?
By Tracy
Harger
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What if
you could run your
car with electricity and slash your gas
costs to zero. Click
Here to find out how!
I am an accountant. Before I bought a scooter, I created a spreadsheet.
I'd rented scooters on trips to Europe and the South Pacific and
loved them. Back home, rising fuel prices were just the excuse I needed to crunch some numbers.
A scooter can get 80 miles or more to a gallon. That's going to
save you money. The questions are, how much and how fast?
After a ton of research, I got Bella -- a Buddy 125-cc scooter in
sea-foam green --for $3,200, including tax and title. Here's how I decided.
Payback? Think years, not months
Unless you're getting rid of your car, you won't save a lot of money quickly.
You've still got the costs of insuring and maintaining that car, even if it's parked. Your family won't fit on
a scooter. Your new flat-screen TV won't fit on a scooter. And if one of your seasons is winter, a scooter
won't be practical year-round.
How much does your car cost you? If you're an accountant, you might
pencil out the costs of buying, leasing or financing; your taxes, registration, licensing and depreciation;
maintenance; and your miles per gallon and annual mileage.
Or you could just use the calculator on the right of this page. It
looks simply at the cost of gas and assumes that you'll keep your car.
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Talk back: Would You Buy a Scooter?
Thinking about my commute and quick trips, I estimated I'd be able to replace
4,000 of my car miles with scooter miles each year. With gas averaging $4 and Bella getting 95 mpg, the break-even
point for me comes at 11.15 years.
That's because my car gets about 25 mpg in the city. But if a person driving a
15-mpg car replaced half her 300 miles of driving per week, the payback would be two years.
I considered other ways to tip the cost equation. If I gave up my assigned parking
spot at work, I'd save an additional $20 a month. But in the end, I decided my gas-guzzling car would feel like an
old friend when it's 25 degrees outside.
The simple fact was, I wanted a scooter. The numbers made enough sense to me. It
was time to go shopping.
Electric Scooter not right for your family? What if you could run
your car with electricity and slash your gas costs to zero.. Click Here to find out
how!
Electric Scooters
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