This last weekend we did a bit of shuffling with our cars. I've stopped driving the small car and I'm now driving the big 4WD. So I thought "wouldn't a motorbike be a cheaper option"?
First, I need to lay down a few assumptions:
- I already have the big 4WD, so I'm not comparing purchase cost of one vs the other, I'm comparing potential savings on running costs.
- I travel roughly 200km per week for work. I'll just use this figure for my math, as most other travel I do is with the family so we'd be in one of the cars, not on the bike.
- The 4WD is listed as using 9.5L/100km but that's when it was new. Due to the accessories we've added and the age of the car, I'll assume 10L/100km (though it is probably more).
- A learner approved bike (under 250cc) is generally listed as having an average consumption of 3L/100km - I'd probably buy an older bike, but I tend to be a cautious driver so we'll go with this figure.
- We'll assume an initial purchase price for the bike of $2,000 - learner bikes vary by price, but odds are I'd buy one second hand and even if I got one cheaper I'd still need to do some repairs, rego transfer, insurance, etc.
- We'll assume safety gear is $1,000 - can save money by buying second hand (except for the helmet) and any money saved on the gear would probably go on the bike anyway.
- Cost of fuel is currently $1.20/L we'll assume it'll stay at or near that price (lol).
- And final assumption - we'll ignore all other costs such as servicing. The bike service might be more expensive, but cars can have things go wrong too, so it's much of a sameness.