The good news? Owning a motorcycle is officially cheaper than running a car; 50% cheaper, in fact. According to research conducted by MotorcycleNews.com, it costs half as much to run a motorcycle as it does to run a car. Fact.
The team at Motorcycle News looked at the costs involved with new drivers; their figures showed that a seventeen year old driving a car will have sent approximately £2,640 to get on the road, whereas a sixteen year old motorcyclist will have spent less half that amount, at only £1,288 (a whopping saving of 52%).
For a teenager looking to get from A to B by any means possible (short of asking Mum and Dad to be the Taxi Driver of course), there couldn’t be a more clear-cut case in terms of transport options.
What are the basic transport options for new road users?
For any new road users looking for a fast-track route to vehicular independence, there are two options:
The figures don’t lie
So how does it all add up? A like-for-like cost comparison shows that while the administrative side of obtaining a vehicle license is the same for cars, mopeds and motorcycles (£50 ea. For a provisional license), the real money-saver is the amount spent on training lessons and vehicular accessories. While a basic course of driving lessons start from £800 (ouch), excluding the cost of Theory and Practical tests (£31 and £62 respectively); the CBT costs only £89. That’s right, just £89.
The costs involved with purchasing a vehicle weigh more heavily in the car’s favour (£575 for a 1998 Honda with around 60,000 miles on the clock; £695 for your basic-model Baotian BT49 with 4000 miles on the clock, and £795 for a Honda CC125 with 4000 miles on the clock), however even with the additional accessories costs added to the motorcycling total (£120 total for leathers), the overall expense of driving lessons weighs in so heavily that the motorcycle still comes out on top.
With driving lessons, testing costs and the whopping insurance fees bumping up the total, the final figures showed that a roadworthy car would cost £2,639.96, a roadworthy 50cc moped £1,288.22, and a roadworthy 125cc motorcycle only £,426.00. Has there ever been a greater argument in favour of motorcycling?