Will Buying a Scooter Save You Money?
August 25, 2008When gas prices approached the 4 dollar mark riding a scooter seemed like a pretty smart idea to me. I read today where some scooter business keep selling out of their inventory. But is it a good financial decision? If you buy one how long before you will actually start saving money? MSN has an interest calculator on the subject. In their example (which is not far-fetched) it would take a person over 12 years just to break even on the cost of the scooter. Of course, that is assuming 4 dollar a gallon gas. If gas were to hit 10 or more the time frame would change. Check it out, plug in your own numbers and tell us what you come up with. If you bought a scooter how long would it take you to break even? You can come up with your answer at “Is a Scooter the Answer?”
There is a better calculator on the INCOG Green Traveler website. You can also find it at Lee’s Bikes site (leesbikes.com). It will calculate the savings if you ride your bike to work. It will take a lot less time than the scooter, because you don’t use gas at all!
Another factor to consider with a scooter is safety. When you can go 50+ mph, there is a lot of danger involved. I think I’ll stick with the bike.