I didn't think I was going to get a motorcycle after completing my M2 a month ago (through Centennial), but seeing them go by me every day makes me want one more and more. However, I'm still trying to justify getting one. If I don't account for the fun factor of motorcycling, can I still tell myself that it is indeed a good alternative means of transportation?
Currently I'm taking public transit everywhere I go. Occasionally I'll take the family car but I'd still want my own means of transportation. Note that the only issue here is transportation. An argument frequently cited against motorcycling is the inability to transport bigger items, which, in my case, is not major as I will have access to a car for those times. Also, let's set aside the status quo option (do nothing and continue taking public transit) for now and see how getting a motorcycle compares to getting a car.
The only two variables that I'd like to consider are cost and time, the latter being negligible when I'm comparing motorcycle vs car. I just want to see how ownership costs compare between the two.
Cost of Ownership
- Insurance: about $2000 for a 250cc bike, versus about $2000 for a very basic car
- Gas, parking, etc: about $600 for a motorcycle (gas and storage), and probably over $2000 for car (gas, parking in apartment)
- Maintenance: this is the only thing that I don't have solid numbers for
What else am I missing?
Currently I'm taking public transit everywhere I go. Occasionally I'll take the family car but I'd still want my own means of transportation. Note that the only issue here is transportation. An argument frequently cited against motorcycling is the inability to transport bigger items, which, in my case, is not major as I will have access to a car for those times. Also, let's set aside the status quo option (do nothing and continue taking public transit) for now and see how getting a motorcycle compares to getting a car.
The only two variables that I'd like to consider are cost and time, the latter being negligible when I'm comparing motorcycle vs car. I just want to see how ownership costs compare between the two.
Cost of Ownership
- Insurance: about $2000 for a 250cc bike, versus about $2000 for a very basic car
- Gas, parking, etc: about $600 for a motorcycle (gas and storage), and probably over $2000 for car (gas, parking in apartment)
- Maintenance: this is the only thing that I don't have solid numbers for
What else am I missing?
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