You may have been driving to work lately and noticed the increasing number of scooters and mopeds on the streets. If you’re looking to save money on gas, then you’ve probably thought, ‘Maybe I should get one.’ Maybe. Maybe not. A scooter is not different than a more powerful motorbike, so you should probably consider the risk too. Let’s take a look at some reasons to stay away from this money saver.

1. A scooter doesn’t necessary mean a cheap ride. Buying one can run you $1,000 to $3,000, if you buy it new. Not much, but when you’re keeping your car it’s still an added cost. It would take a few years of driving it regularly to really see the financial benefit. This is not to mention it adds a vehicle to your insurance policy. If you’re over 25 this won’t likely cost too much.
2. It’s a motorbike, and therefore has the dangers of other motorcycles. It also has the responsibilities. You would need to get a motorcycle license, passing the test and all.
3. You’ll need accessories like a helmet. It’s not safe to go unprotected on a major street with lots of traffic. Many states have laws requiring helmets. These things aren’t cheap either.
4. It can become a lifestyle, even leading to more heavy duty motorcycles. The money saver may prove to be a money pit if this is the case, although this could be very rewarding.
5. It obviously has limited cargo room, so if you’re going to use it to and from work, make sure you never take more than a bagged lunch, or plan on using a backpack to tote important documents.

Of course, inclement weather means the scooter will have to go in storage, but come the summer months it should be ready to roll. A scooter or moped is not for everyone, but it can be quite the money saver.

Do you own a scooter? Does it save you money? Do you have any stories to share?