Novice riders highly recommend a moped. Recently, it has won a resounding victory over other vehicles as average gas prices have skyrocketed. If you want economical transportation, nothing will do better than this option. The good news is that it does not create a financial burden. Scroll down below to find out how much for a moped.
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How Much Is A Moped?
Manufacturers price mopeds in the $700 – $3000 range. Why is there such a big difference? The roots come from the piston displacement (or engine size range) and the depreciation.
Average Moped Cost Based On Engine Size
The engine is the most important factor determining the moped’s price. The larger the size, the higher the price range. In detail, 50cc engines (cubic centimeters) range from $700-$3000, which deserves to be your pocket-friendly option.
As for 100-200cc engine size, vehicles that met this criterion received a new name, “scooter.” So how much is a motor scooter? Buyers should prepare at least $1500 – $5000 for the purchase. The extra paperwork, such as moped registration and licensing, gives birth to this increase.
Additionally, the brand, which often represents a guarantee of quality and warranty, also affects the purchase price tag. We have found some Chinese manufacturers offering around $700 or less. It is just one Enter away to find a long list of vehicles under $1000.
However, do not be shocked when Japanese or Italian brands charge $2000 or more. The ones from Vespa sometimes go up to $10,000. Your payoff goes hand in hand with assembly support and outstanding customer service.
New Vs. Used Vehicles
Used motorcycles save you a considerable amount as their value drops to a few hundred dollars depending on the depreciation time. However, vintage or limited edition models from well-known manufacturers (Vespa, Honda, and Peugeot) should stay out of sight for an economical purchase. Their base prices rarely drop or even rise, in the $1000 – $5000 range.
Is A Moped Worth Your Money Instead Of A Car?
Life Expectancy
Regarding mopeds, we find a limited data source for their lifespan. Hence, we created a discussion thread on a forum and discovered a diversity in user experiences.
Some say they take their vehicles to a service center every 10,000 miles. On the opposing side, others claim that they’ve driven more than 20,000 miles with no problems. Based on our experience, the maintenance takes place after 17,000-20,000 miles.
Convenience
Nobody denies that the car archives the advantage due to its cargo and rainproof cabin. However, moped users have come up with unique initiatives to increase the convenience of their vehicles.
For example, some drivers have suggested a pack mounted to their mopeds to create substantial storage space. If you are worried about downpours, a raincoat, rain boots, and waterproof bag keep you dry.
Fuel
Mopeds have smaller fuel tanks than cars, so gas costs you less each time you fill up. However, hasty conclusions based on these facts are not fair. Instead, we should consider fuel efficiency to provide unbiased financial advice.
Using miles per gallon as a benchmark, modern cars typically hit 20-25 mpg at their best, according to the Alternative Fuels Data Center. Meanwhile, some mopeds save up to 140 mpg and take the win without any doubt. The comparison becomes even easier when you have an electric moped. Its recharge is only worth a few cents.
Licensing
Car owners know that the sales price is never the final one but adds a ton of extra expenses for paperwork. Here is the bad news: the same process goes for your favorite moped. Simply put, you must pay some prescribed registration fees to legalize your vehicle.
For example, our local authority, Chicago, requires $38 to get a motorcycle license. We must also pay $45 per year for urban parking stickers. Note that some states may require a driver’s license to operate. Though the law may drive you crazy, do not sleep in it during the moped pricing.
Insurance
Comparisons in this category are nearly impossible as it is obvious that motorcycle insurance policy is cheaper due to the lower property values. However, a fair judgment should develop based on individual considerations of accident probability and riding experience.
The optionality of insurance varies in each locality. Anyway, it is a good guarantee for both the user and the vehicle, especially if a collision occurs. One thing is sure: it makes operations cheaper in the long run.
Capacity & Performance
Here we are not talking about the design or the features of the two but our ability to respond to different uses.
In terms of capacity, you’re sure to struggle with large items or an excessive amount of cargo if you have a moped. Oversized furniture reduces your control and, worse, puts you in danger. Of course, there’s nothing much to discuss if you move with a moderate amount of stuff like personal belongings or groceries.
One point to remember is that mopeds are not ideal for long road trips. The top speed of 30 mph may leave you behind or stay below the minimum limit on highways. Besides, you cannot survive extreme weather without a roof or an air conditioner of cars.
See more: How Fast Do Mopeds Of 50cc, 100cc, 125cc & 150cc Go?
FAQs
What Costs Does Moped Pricing Include?
Besides the purchase price, tax, MOT, and insurance are involved in the pricing. The total cost varies depending on the location.
Is It Cheaper To Ride A Moped?
Of course, yes. As mentioned above, the selling price of a moped is much lower than other vehicles. Feel free to save your pocket money by cutting additional costs such as gas, license fee, parking space, etc.
What Brand Of Moped Should I Buy?
Vespa captured our hearts, but its sky-high price tag slapped us in the face. Therefore, we bought a Honda moped instead of the Chinese manufacturer for a guarantee of quality. Also, other Japanese brands like Yamaha or Kawasaki have built a good reputation.
Conclusion
As noted above, a motor scooter costs under $5000, and it is way cheaper and more environmentally friendly than running an automobile.
However, we recommend buying from reputable brands that cost you a little more but serve good quality and care. If affordable price is your top priority, there is nothing better than this option.
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