Mopeds are wildly popular here in Honolulu. At all hours of the night I hear the vroom vroom of their tiny little engines as they weave through traffic and narrowly miss colliding with over-sized SUV’s and the ever present Buses. I live near one of the universities so there are an army of these little guys constantly parading around town. It’s nowhere near the amount you’ll find in Southeast Asia, but it’s not exactly Kansas either.
Since I have limited mobility through only owning a bike, I’ve been considering purchasing one of these bad boys… Should I buy a moped?
Here are my thoughts:
Why a Moped is good investment
- Gas Mileage – 60 miles per gallon!
- Low Initial Investment – I can pick one up for a little less than $1,000.
- Easy Mobility – Weaving through traffic, awesome parking options, and an awesome turning radius.
- Parking – I can use bike racks and get rockstar parking.
- Open Air – 360 degree views of the city!
- Increased mobility – I can get to other parts of town.
- No sweating – riding my bike 5 miles gets me a little sweaty and isn’t prime for showing up for a dinner date. A moped would help alleviate this.
Why a Moped is a bad investment
- Higher Potential of Serious Injury – If I get hit on it, it’s gonna hurt a ton!
- Can’t Take on Highways – They’re not allowed to go on highways
- Weather – No protection from the elements, especially rain.
- More Expensive than a Bike – My current bike only cost $100 and has very low continued costs, not so with a moped.
- Lack of Storage – I’ve got some room under the seat, but can’t exactly carry my scuba gear on it.
- Makes me Look Very Far From Masculine – I’m gonna look like a Suzy riding around town on this thing!
From a financial standpoint here are the alternatives:
Bike: $100 with no continuing costs, maybe some air in the tires!
Moped: $900 plus $325 in gas in registration yearly.
Car: $4,000-$6,000 plus $2,500 in gas, registration, insurance, and maintenance.
Like any big purchase I think I’m going to give this another month or two to really weigh my options, but what do you think?
Should I buy a moped?
Photo from nperiksson