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Also nice! Good point. https://powersports.honda.com/street/minimoto/trail125-abs/?cid=main_reprise/google/Brand_Model_Motorcycle_miniMOTO_Exact/Trail125/2021%20honda%20trail&gclid=CjwKCAiA4KaRBhBdEiwAZi1zznNzlfRI08RSj3KTuAc18z_7yFZ8Yh-cPu2f8t2DhG5aNZPpM3GpxBoCXUQQAvD_BwE&gclsrc=aw.ds
Yeah. I never understood the "spend money to save money" concept. LOL.
I agree....when my son was travelling a lot with baseball, one of the other dads would rent a car for the weekend for a 400 mile road trip to keep miles off of his.....He drove an older truck that wasn't fancy by any means. So when you trade it in after 15 years and it has 180,000 miles instead of 182,500 miles are you going to get more for it?? I just don't understand peoples logic.
Yeah. I never understood the "spend money to save money" concept. LOL.A family member asked me this week what I thought about buying an electric car to save money on gas.That family member drives an SUV which is paid for.I asked, "how much gas will $40,000 buy?" The conversation ended.
I think you'll find that cost per mile to operate a motorcycle is not that much different than the average automobile and possibly more. People want to believe that since a motorcycle gets 40+ MPG that it has to be cheaper to operate.
+ 1 on Van Van. Excellent 200 cc all rounder. Regarding Perazzimx comment on justification of spending X amount on a motorcycle to save at the gas pump. Always remember: The dollars you spend on a motorcycle is a different currency. Those dollars are not the same dollars you spend on gas, insurance,food, mortgage, etc. Motorcycle dollars are their own separate entity. As a side corollary, once you sell a motorcycle, never/ever put those funds back into the real money accounts. Once you do that, the motorcycle $ are now lost forever and have become real money. Always best to set up a side account for the special motorcycle currency for, well, you know......
I have a Yamaha TW200 that I do a few errands on. My daughters ride it on trail rides with me when we go to the mountains and it's rated at 78 MPG (seems about right, but I don't actually calculate it). I have a rack on the back. It's a surprisingly capable little all-arounder and kind of fun to go slow.I also rent it on Riders-Share. I get a renter about once or twice a month, so it covers all my insurance, registration, and maintenance. But "unfortunately" the depreciation causes a loss at tax time...I also have an electric bicycle with a rack. Good for day-time errands, but I don't like taking it out at night.
Fuel mileage is only part of the equation. The ‘cost’ of running any vehicle needs to include the annual deprecated market value, finance companies, auto leasing calculations etc are roughly 10% of the new sale price over 10 years. year 1 and 2 depreciated values are greater than 10% and years 9 and 10 are lower but an average ‘cost’ is 10% per year. So a $70K pickup is costing (loosing value) of $7K per year. Add insurance, registration, fuel etc to get to actual cost. A $70K truck is purchased with after tax dollars, for most people that $70K purchase price equates to at least $100K in earned income, so the actual cost on depreciation is not $7K by $10K per year of earned income. A Tesla Model S may only cost pennies per mile in electricity but since it’s close to $100K (or more depending on type) in earned income depreciation that vehicle costs in the range of $13K per year before any other costs are added. A V8 full size pickup that cost $60K earned income depreciation is appx. $7.8 per year. That’s about half the cost per year of the Tesla Model S.
Do you have to have special insurance to cover the bike being rented?
Insurance proviided by Rider Share during rental period.
Interesting. I don't just let anyone ride my bikes, but if I lived in an area where rideshare was popular I could see an excuse to expand my fleet
Last year, I took a test ride on one of those new Monkey bikes. They had several "demo bikes" out front, and were encouraging everyone to participate. Hey, free hot dogs and drinks - how could I resist?Did I want one? You bet. Lots of fun, but it would take some getting used-to. I mean, 40 mph on that thing felt like 80 on a full-sized motorcycle.What I really want is one of those Honda "Trail 125" bikes. I know they're out there. but I've not seen one anywhere.
Try a scooter. I picked up 3 in Nov. 2021. Low mileage. Registration and insurance costs are low. Gas mileage is about 80mpg. About $7K for all three. They're becoming the commute workhorses. 2020 Kymco Agility 125, 2013 Honda PCX 150 & 2016 Honda PCX 150. All 3 will 55mph +. The Honda's will get up to low 60's. Factory says they should be 70mph, might be the dyno they test them on.The Kymco is my favorite. It looks like the 50 Agility w/larger cylinder & piston. If I hit an intersection with traffic congestion, I'll pull over in the moped/bicycle lane and slow down to 35mph. I'll pretty much keep forward movement going and not sit in traffic. It's also the one to take shopping. Large under seat storage w/trunk but it also has a hook to hang t shirt bags from.The long term plan is for personal use, teaching the youngest for motorized 2 wheel transport and rentals. I live 2 miles from the airport. They will pay for themselves. Weather wise, we get maybe 5 days of rain per year. Mostly sunny and warm year round with low humidity. I'm still working the bugs out before renting them out.