Return Of The Scooter!


Return Of The Scooter!

Return Of The Scooter!

I have now owned multiple two and even three wheeled forms of transportation. In a budgetary sense they have been brought about a huge saving for me when I rode them exclusively for three consecutive years. 3-4 litres per 100 kilometres travelled. Around $382 for registration (still expensive). And with self-servicing, around $4 in oil to complete a home-job oil change. What’s not to love? When I sold them, I would also estimate that I lost no more than 10% for a year of use. What fabulously slow depreciation!

My latest set of wheels is a Yamaha BeeWee YW100 that I bought with 5,000 kays on the clock for $725. I’ve got to get it fixed, resprayed and registered. All up I envisage around $950 to get it on the road and looking nice.

In the same week I received the registration for my old faithful Rav 4 with over 320,000 kilometres. I would estimate it would now be worth around $500 yet the registration is a ridiculously high $718! I am again pondering returning to a two wheeled commuter as the costs of servicing for a car, the registration and the insurance can be outrageous for such an old, but faithful clunker.

My passion for scooters came about after a trip to Japan and Europe. Those things are everywhere with people easily zipping around.

The location I currently live in is highly conducive to scooter commutes. A gentle 19 kilometre ride through the Yarra Valley has never once brought about anything close to a near miss. Would I ride in the suburbs or city? Probably not. The odds are not really in my favour.

Just comparing the two in a rough tally:

  Scooter Car
Value $950 $500
Annual Servicing $4 $345
Registration $382 $718
Insurance $295 (Comprehensive) $266 (Third Party)
Petrol on 5,000km p.a. $210 approx. $700 approx.
Total Expenses $1841 $2529


$688 is an okay saving to having a scooter. But as you can see there is a large advantage to having a cheap vehicle with such low annual outgoings and zero depreciation (it’s at an all time low). This year, however, I do have a few upkeeps on the horizon to keep the Rav 4 roadworthy such as tyres, a new headlight and the windscreen. These would easily add another $950 to the cost of the car.

There are advantages to having a car but I tend to travel to work alone, and out and about in the family car. I do love commuting by scooter. At the moment, the minus 3 degree morning requires quality motorcycle apparel to stop from freezing up.

The savings are minimal but still worth it given the table above. Where a scooter really comes into its own is when you have a high value vehicle that is rapidly depreciating.

Owning a newish vehicle haemorrhages money each year. Read the Drive article below for more information.


Posted on July 19, 2015 in Smart Money Blogs, Vehicles and Petrol

Share the Story

About the Author

I LOVE budgeting! Why you ask? Having a clearly defined budget enables my family of six to live an empowered life. I work as part time teacher, I’m an investor, novice longboarder, man of faith and run Budget Brilliance with a view towards seeing people’s lives changed financially.

Back to Top