Is a Vespa worth buying? | My 3 year total cost breakdown revealed

I switched from a car to a Vespa 3 years ago and haven't looked back. Here's EVERYTHING you need to know about shopping for a Vespa, the pros and cons, the total cost breakdown, and most importantly the SAVINGS! I was genuinely shocked when I did the math, I share all the numbers. Spoiler: it's thousands of dollars a year in savings!
I also explain the rules, if you need a motorcycle license, how to save money while shopping, and a LOT more. Seriously, it's the ultimate roundup up all things Vespa and scooter ownership.
🎬 SUBSCRIBE
KZbin (1-click): bit.ly/2P2h3BL
🛵 RIDING GEAR I USE (affiliate)
My Helmet: amzn.to/3aoAjD0
Helmet Shield: amzn.to/2CyeJja
Riding Glasses: amzn.to/3kOx6Bo
Goggles: amzn.to/31TAWkb
Gloves: amzn.to/3gWTWEU
Gloves - Handyman: amzn.to/33ZDAHV
Balaclava Thin: amzn.to/342wq5M
Balaclava Warm: amzn.to/2DTt3Dp
📚 SHOP MY BOOKS
The Money Resolution: amzn.to/3ixTyOp
Money, You Can Hack It: amzn.to/2ZHFHwd
Save Half, Retire Fast: amzn.to/3UARdVB
Ready, Money Mindset, GO!: amzn.to/3M9Xtky
⭐ FREEBIES ⭐
Course Preview (“Save Money Resolution”): www.themoneyresolution.com/of...
My personal annual budget planner: www.themoneyresolution.com/bu...
My eBook (“Money, You Can Hack It”): BookHip.com/VMZLHG
Audible trial (Up to 2 free audiobooks): www.themoneyresolution.com/of...
30-Day Challenge PDF guide: www.themoneyresolution.com/30...
Money Party Downloadable PDF: www.themoneyresolution.com/mo...
🛒 AMAZON HACKS (affiliate)
Join Audible and get TWO free audiobooks: amzn.to/3q3B7UF
Join 'Honey' FREE & save while shopping online:
www.joinhoney.com/ref/we6epe1
📱 SOCIAL
Website: www.themoneyresolution.com
Facebook Group: / themoneyresolution
Instagram: / themoneyresolution
Twitter: / moneyresolution
🍕 SUPPORT
Buy me a pizza! www.buymeacoffee.com/moneyres...
📧 CONTACT
Email: [e-mail]
📷 MY KZbin EQUIPMENT
All listed items are affiliate links, meaning I'll make a small commission if you make a purchase:
Canon M50: amzn.to/32NWKQs
Audio-Technica ATR2100 Microphone: amzn.to/30kbeWu
USB C Hub for MacBook Pro: amzn.to/33jxBgC
Microphone Arm: amzn.to/3hYc9BS
Joby GorillaPod Tripod: amzn.to/3eYXXXj
Logitech MX Master 3 (mouse): amzn.to/39oQ90c
Logitech MX Keys (keyboard): amzn.to/2ZVppBb
Apple iPad Pro: amzn.to/3k1AWXH
⏱️ TIMESTAMP
0:00 | Intro
2:30 | My story
4:40 | What do they cost?
5:50 | Total cost breakdown
9:45 | Annual savings(!)
11:45 | Tips for buying
13:10 | Pros & Cons
17:30 | Who is a Vespa for?
18:30 | 50 CC alternatives
🤔 QUESTION
What should I name my Vespa? Let me know in the comments!
Thanks for watching!

[@rny64]

The brown key is the “master” key that must not be misplaced. You need it to program any duplicate keys you acquire.

[@TheMoneyResolution]

Thanks for that. Yes, I was told originally - don't buy a Vespa that doesn't come with it! 🔑

[@jimbobaggans1564]

@@TheMoneyResolution Exactly right.

[@JamesBryant4]

@@TheMoneyResolution you should probably put a note in your video as you mix it up in the video. The blue is NOT the master key.

[@TheMoneyResolution]

@@JamesBryant4 wish I could. Can’t edit the video but I can pin in the comments. Thanks!

[@christinamiller4741]

I have ridden a scooter for over 10 years. My current scoot is 2015 Genuine Buddy. It's Mint Green.. Paid cash for it. I absolutely love it.

[@TheMoneyResolution]

That sounds awesome. Nice job paying in cash!!

[@jimbobaggans1564]

I think a girl that rides a scooter says a lot about her. All of it good.

[@leightri]

I bought a Vespa a few months ago, and I agree with all the points made. Absolutely love it. it makes me smile every time. Vespa is a global super-cool brand, commanding a huge premium to others. My "on the road" quote for a new one (Summer 2022) was close to $9,000! I bought used (7,000 miles) for half that price. For us, it fills the gap of a second car, which wasn't in our budget. It can go on the highway, but I'm not planning on it. I use it daily to run errands and to the gym. Short trips of 20 minutes. Additional costs were to upgrade the lights (I bought a 2016, and LED lights are an easy add-on replacement) and added a side stand. Repaired the scratches with some touch up paint, and put in a new battery,

[@TheMoneyResolution]

That's awesome Rich! Great deal. And smart upgrades!!

[@TheMoneyResolution]

⭐ Enjoy a FREE preview of my new course "Save Money Resolution": www.themoneyresolution.com/offers/rF8K823R

[@donelmore2540]

Please don’t minimize the need for safety equipment. I would worry about a $100 helmet. My head is worth a lot so I spent over $600 on my first helmet. I went to Cycle Gear and asked them about the best helmets they sell. I advise (as do the motorcycle safety courses) to wear boots that cover your ankles (ankles are vulnerable in falls), motorcycle gloves (they tend to be armored at the knuckles), motorcycle jacket (with armor at least in the elbows and shoulders) and long pants. I know it looks cool to ride a scooter in shorts, but get back to me and let me know how that worked when you laid your scooter down at 20mph. Our local scooter group holds group rides every now and again. On one of the rides they had a guy who went down at 30 mph. He slid 40 feet and got a trip to the hospital with the paramedics. He had bought a used scooter and didn’t put new tires on it. Tires can look good, but be old enough to be hard and prone to failure. A friend of mine (who is a motorcycle mechanic) was riding with tennis shoes on a few years ago. He got forced into a concrete “T barrier” and ground his little toe off. Word to the wise!

[@TheMoneyResolution]

Thanks for sharing Don. Others have also suggested a full-faced, nicer helmet too so it's definitely something I'm looking into. Appreciate your callout about safety. Super important for everyone, especially someone considering their first bike.

[@donelmore2540]

@@MichaelMosesHammer Around me on the Central Coast of CA, the best selection is at Cycle Gear. Their staff tends to be informed and helpful. They are often asked for the most expensive helmet. They complemented me for asking what was the best helmet.o

[@kramadri6012]

trust me bro u really made a great investment by buying those gears... take it from me who got trimacular ankle francture... most important gear is helmet,gloves and boots...

[@BluesCat1980]

I don't think he downplayed safety at all.

[@donelmore2540]

@@BluesCat1980 Well, the author of this video thanked me for my suggestions.

[@LeanPocketDiet]

Thank you for posting your findings. These are great alternatives people need to understand.

[@davidd7064]

Great video. I love my scooter. I also live in Seattle. One of cons was traffic lights might not recognize scooter. There is an accessory you can buy that attaches to the bottom of the scooter (or motorcycle) so that sensors in road can recognize the bike. It’s a great accessory to get and I’m glad I did.

[@TheMoneyResolution]

You're totally right about lights in Seattle!! There's one a block from me that never recognizes me and it's a left turn often. SO frustrating. Can you link me to that product on Amazon maybe? Or tell me the name? I'd love to check it out!!

[@tnetroP]

Love the video. Vespa's are great. But just because they are a scooter it shouldn't mean you skimp on protective gear. Please get a full face helmet rather than a half helmet. Although a full face won't fit in the under-seat storage, If you fall then there is a strong chance you'll smash your chin and jaw. A higher end full face helmet will also come with a "pinlock" which will reduce the misting in rain, allow you to see. Also, while handyman gloves are better than nothing I'd also really recommend proper motorcycling gloves. Again they have protection in the areas you're likely to hit if you come off (knuckle and outer palm armour. Obviously any helmet and any gloves are better than nothing and sorry to be "that guy". I am from Europe, after-all (and we are a bit more safety conscious than most American stated). But a lot of people watching this may not know the difference so I thought I'd point it out. In the UK a scooter is the most stolen type of motorbike. I don't know if that's the case in the US but it's worth allowing some money for security such as a large chain, disc lock with alarm, etc.

[@TheMoneyResolution]

Thanks for watching and really appreciate the suggestions. Gave me some things to think about, especially about the helmet. I won't be riding much here in the rain/winter so I'll add it to the Christmas list! :)

[@johngifford7725]

Check out RevZilla and your local Cycle Gear for great prices on good equipment for riding. Very budget friendly, and pretty good kit too.

[@darcychu3992]

In Taiwan, probably the most scooter-popular state in the world, 23 million people with 20 million scooters/bikes. People tend to lock their new bikes/scooters with U shape lock(usually as a gift from bike shopkeeper for patronage) on the driving wheel(rear wheel). Sometimes even 2 locks for both wheels because scooters/bikes are vital to daily life. The owners of new import bikes/scooters even locked the driving wheel to poles or fence with chain locks or cable locks to ward off thieves, though not that many because the traffic control cameras are all over the intersections for police tracking.

[@yaw8176]

I sold my car for a vespa too. My car was collecting up maintenance of a total of 80,000 PHP (1,667.10 USD). I am 18 years old and it costs me too much. My mother told me to get a vespa, and i eventually did. i found out how much affordable it is. Gas was not even reaching 500 PHP (10.42 USD). Plus it never broke down on me. Got me from point a to point b without any hassle. Here in the Philippines we have rule that you are required to have 400cc Up displacement to get into the highway. I bought myself a Triumph Scrambler and i love it. Now it is cheaper to own to bikes (One Scooter, One Big bike) compared to a car. Only problem becomes if your commute becomes a hobby and you discover more bike needs! (hehe). Only downside insurance is more premium compared to a car. It cost me 25,000 (520.97 USD) compared to 10-15k PHP (312 USD)

[@fleetenemaboy]

Rits kid

[@Y6mustang]

Vespa 1958 150, 1963 (125) 177, 1980 p200e. I ride (Love) them all. Not a budget minded reason, just because they make me smile. It's not about getting their, it's about the ride.

[@TheMoneyResolution]

Going to save this list out of curiosity! Thanks for sharing. I'm new (3 years obviously) to the world of Vespa but just started learning a little bit about older ones. I could see it being a fun thing to collect when older! Seems like they keep their value more than most too!

[@Primon222]

Can't wait to get my own Primavera S / Picnic. I already made a large deposit, but the queue for a brand new unit is quite long. Great video, now I realize that getting a Vespa is a no brainer! Watching from the 🇵🇭

[@TheMoneyResolution]

That's awesome. Congrats on the purchase. Hope you get it sooner than later. Enjoy :)

[@marcelodietrich8674]

EXCELLENT VIDEO! THANK YOU! I'm very glad to have happened upon this vid. Just an hour ago, as a result of some major car issues I'm having, I was giving thought to becoming a full time scooter owner. My car needs a new transmission, and it'll cost more than the car's worth, and I purchased her 2 months ago. I'm liking Vespa and Honda Super Cub. One more thing; your comment about having a scooter in Arizona. That's me! (Although not a Cardinals fan.) Funny enough, I'd almost rather live in Washington. The grass is always greener on the other side of the fence, huh? Again, I thank you. Your efforts are greatly appreciated.

[@TheMoneyResolution]

Awesome to hear!!!

[@pgprobass]

I have a Piaggio Liberty 150 and love it! I did jump to an MP3 500 and love it even more as for the added safety of the 3 wheels. I don't see them around at all! I still have my Liberty and will sell it. I did take it on the freeway a few times and even though it's legal, it's not ideal and they emphasize that on their website. Interesting and curious. Funny now I see myself planning my routes in a much more cooler way as if I was just riding a car. Great when you say assume nobody is watching you. Safety 1st always. Enjoy the rides and be safe. All the Best!

[@TheMoneyResolution]

You too Paulo and thanks for sharing! I'm digging that 3-wheeler! Funny about the routes too lol.

[@IR_I000]

Excellent video. Thank you for sharing!

[@TheMoneyResolution]

Glad you liked it Ines!

[@Sckprod]

Yes Vespas are pretty cool. I sold my 2012 GTS super at 10000 miles. Went through massive withdrawal and just got another new. Bang for buck it was my best ever form of transportation. Its also great to take along on excursions. Throw it in the back of your F150 and you are good for small getaways. Total I have a Ducati, a BMW 1200 GSA, a Husqvarna 701 enduro and a BMW k1600GTL Grand Tourer. The vespa fits in nicely for Urban commuting and much more. The economy is awesome. i may pick up a 150. 98 MPG is hard to over look but it lacks power. The 300 is a true usable motorcycle. Anyhow ride safe. The video was pretty accurate. AND OH. DON'T LOST THE MASTER KEY!!!! :) Scott

[@FLTDW]

I have the exact same scooter. It is my second scooter after probably at least ten motorcycles. I love it.

[@TheMoneyResolution]

Same! I rode it today. Never not excited to hop on it! :)

[@amiehegeman]

Just got a Vespa to replace our 2nd car. Super fun! I have 3 kids so our minivan is a must too.

[@Tonycrossfit]

Great great video and excellent tips! I bough a 2015 Vespa primavera 150cc and paid cash. The reason I went with a scooter was to save money on gas ⛽️ and I only ride it in my town. I love the way it rides and handles. Where did you purchase the basket? Thank you for your video👍.

[@darcychu3992]

You can buy cupholders from auto parts store and tie them to the handle with zip ties or velcro belts. You can even sew T-shape ring cup carriers with cloth belt and hang your drink on the mirror stem.

[@TheMoneyResolution]

Great call! I'll definitely look into this!

[@K1989L]

Vespas bring me memories.. I had a Piaggio 50cc when I was 15. First thing that had a motor and I could go anywhere with. That was amazing time.

[@TheMoneyResolution]

Love it!

[@davidsteep]

Great informative video. I have a 2019 Vespa Primavera 150 and love it. Where I live - Toronto -scooters and motorcyles can legally park for free. If it is a legal parking spot for a car the Vespa does not pay. Vespas are the perfect fun tool for big city urban life. On the downside - my insurance is way higher here - about 1k Cd a year.

[@TheMoneyResolution]

That's awesome. I mistakenly thought scooters could park for free too here but I quickly found out that's not true. And yes, my insurance is also higher than car insurance. Thanks for sharing!

[@-iIIiiiiiIiiiiIIIiiIi-]

Used the center stand and install a center stand lock. Worth every penny!

[@TheMoneyResolution]

OOOOOhhh that's new to me! Thanks!!

[@dennishofmeister5167]

I ride a 218 BMW G 310 R which I commute on eight months a year. I feel the biggest savings is it keeps the mileage on my cars down which means I don't have to replace them nearly as often. I bought the BMW new for $4500, so I can buy three bikes for the price of a good used car. I don't plan on needing to replace my car for at least ten years.

[@TheMoneyResolution]

That is a sweet looking bike! Thanks for sharing. Great point in having a car and bike. It'll certainly keep that car running better longer!

[@davidklementis5913]

Good video. I've commuted mostly by motorcycle and scooter for years and they can definitely save you money, especially scooters. When I was riding the scooters (usually used and under $2000 purchase price) all costs including parking downtown was half the price of a monthly bus pass. On top of that I wasn't restricted to time or any other services public transportation has. The only thing that bothers me is your cost comparison to a car used 15k miles a year compared to your actual use. If you put 15k a year on your Vespa, it would need more then one oil change and probably a couple sets (give or take) of tires a year. One thing that adds up fast is cost of tires. Scooters are definitely less expensive to operate then a car per mile even when taking that into account though. My Yamaha FZ6 on the other hand will go through a good set of tires in 10 to 12k miles at a cost of $500 a set. I'm not trying to badmouth your video, just trying to keep it real. Thank you for taking the time to make it and bringing to light scooters and motorcycles as a good alternative for of transportation.

[@TheMoneyResolution]

Totally David! That's a great callout. I'm only putting around 1K miles on my bike a year so that certainly keeps my cost down. Someone else might ride 10x that and have a few other extra bills/maintenance because of it. No offense taken. I really appreciate everybody's point of view. I hope somebody looking to buy will take the time to read all the different comments and points of view. Either way, from a financial standpoint it's a total win (for most people) AND a ton of fun!

[@malachor5ve]

Which would you recommend, going with a motorcycle or a scooter?

[@cruzmalibu4361]

“than”, not “then” 😳

[@darcychu9652]

​​@@malachor5ve Definitely scooter! Because you got storage space under seat while floor at foot space for groceries and errands. There are more than 7 million scooters in Taiwan with 23 million people, a crowded small island. Scooters with flat foot space have become workhorse indispensable. Commuting, picking kids up from school, grocery errands, pet cruising, etc.. I don't need a fast bike for around town duties.

[@darcychu3992]

Actually you can tie a deep plastic milk crate to your rear rack with zip ties instead of shallow mesh basket to increase the accommodation for grocery. Meanwhile, plastic milk crate is better to withstand the weather over time.

[@TheMoneyResolution]

Very true! I can hold one grocery bag, but only if it isn't too full. It is metal luckily so it's holding up to the weather.

[@ykj8904]

was actually planning on buying an iphone 12 but you just changed ma mindddddd. Gotta save up for it :))

[@TheMoneyResolution]

Hah that's awesome! I think that's a great decision!

[@johngifford7725]

I have a 2004 Harley Softail, but the go to for commuting is my 2019 Royal Enfield Interceptor 650. The RE bikes are a very affordable motorcycle, and ownership is less expensive than most bikes. It's an actual motorcycle though, so it's a bit more difficult to operate compared to the Vespa. The Vespa is a cool bike. I love them. The Int 650 is just another kind of cool. Bikes are unbelievably fun, and absolutely necessary in a large city.

[@TheMoneyResolution]

Awesome - I'm definitely going to check out that 650. Very curious. Thanks for sharing that!

[@darcychu3992]

Scooters with wide flat floor are much more practical for grocery shopping. I even used a tall narrow track field shape laundry basket to tuck my pet old dog in for an low speed "cruise" in sunny days. The tall laundry basket is also used for grocery shopping.

[@jasongibson2079]

Hi from the UK, just came across your video of your 3 year plan. Nice to see you went with a vespa. On that note, you chose the New(ish) 300 sport, you save a lot of money over that period so I take my hat off to you Sir. Right, I've had vespas for over 30 years and still got them now all 5 and a half 🤣. Keep your eyes out for a 78/79 P200, best engine ever made, not as fast as the GTS (which I'm looking for now to do rallies in Europe) it's geared but so simple to use. You can keep it stock or build a malossi mhr225 (fast) but after your time period you'll have a shock on what return you'll get if you really look after it, or even a lambretta wanting some work. Not only will you save money all round, but the value will have tripled, what we used to pay £40 less than 20 years ago are now anything up from £3800 - 5/6k depending on how you've kept it. Stock will hold more. Cheers 👍

[@TheCerealHobbyist]

I've owned a dozen Vespas of all vintages. I currently have a 1962 VBB and a 2021 GTS 300 HPE. I LOVE them. The GTS has been around for a long time and is an amazing machine.

[@TheMoneyResolution]

Awesome. Do you a favorite (the new GTS?) or one you want to own in the future?

[@TheCerealHobbyist]

@@TheMoneyResolution I do love the GTS! The VBB is fun for putting around the neighborhood, but the GTS is versitile and a Cadillac. Dream bike is a GS Mark 2.

[@bigmikeshooter]

We love our VESPA because it gives us a big smile every day. Bravo for the interesting content. Greetings from Greece.

[@TheMoneyResolution]

Great to hear! Seriously - always brings me joy, especially on a sunny day!!

[@johnm7882]

Thanks for the great video.

[@jazzaugustin7479]

I have piaggio zip, basically a compact vespa. Love it, quick too

[@TheMoneyResolution]

I’d love to get on one of those!!

[@Midnight_chan..]

Great video. I love scooters and plan on buying one soon. I want either a vespa sprint 150 or a vespa primavera 150, but I'm afraid I'm too short since I'm 5'1".

[@TheMoneyResolution]

Oh I'm guessing you'd be okay. Hopefully you can test ride first!

[@ChrissyFreitas]

Great video and thank you for highlighting the pros and cons of having a scooter. I live in the Portland metro and have a 2020 Honda Metropolitan (Coastal Blue). I love it but I will eventually get a Vespa Primavera 50 once I have paid my Met off and then save towards a Vespa. I have already been shopping for some gear and niknaks at the Vespa store downtown. I've found the 50 CC scooter adequate for the majority of the roads here in PDX but there are some that do make me wish for something faster, but thankfully traffic is typically slow so I can keep up to some extent. Also I feel ya on parking. I had parked my scooter on the street recently and some jerk toppled it because I was taking up parking, like....I am allowed to park here like any other vehicle. Other than the cons, riding a scooter is a lot of fun especially with the seeing the sights in the PNW on two wheels!

[@wyattandwill12]

Thanks for the video. Genuine Scooter Company is a great name brand for scooters, the 50cc ones are $2000-$2300 before taxes and fees and there’s more dealers than Vespa dealers for people who don’t live close to one or travel/move a lot. I’ve been thinking about moving to South Florida or maybe another part and you do need your driver’s license in that state, but where I live right now in North Carolina you don’t.

[@TheMoneyResolution]

Nice! This is a great tip. Thanks for sharing Wyatt!

[@arturobarroso78]

Hey brother, I really like your video, I bought a used 2022 lance cabo 200i 4 moths ago. The owner bought it but really didn't use it much, that's why he was selling it, let me tell you I enjoy riding that scooter more than driving my car. And I found a couple of scooter clubs nearby great way to meet great people, I'm Southern California, and yeah, I park for free in my apartment complex too 😀

[@a-dawg8711]

I had mine as a daily driver for years, was honestly the best for the summer especially in the hot downtown core. I saved tons on fuel and parking. Racked on a lot of kilometers though so my sprint needs some maintenance

[@chuckvt5196]

I love my Vespa GTS 300 after 40 years on motorcycles. Now living in FL, it is a year round thing!

[@TheMoneyResolution]

Jealous! Not so easy in WA state but I get on it as often as I can :)

[@highlymedicated2438]

@@TheMoneyResolution how much did your first 6000 mile maintenance check up cost you?

[@johnengland8619]

I agree

[@richardkoellner8554]

You can attach a magnet to the bottom of your scooter that can help trigger the sensor at a traffic light.

[@joegug4751]

Good video I also like the flat black. Thinking of getting a Vespa. I have a V-Max sometimes you just want something easy not all the crazy Drama

[@TheMoneyResolution]

Thanks Joe! You won’t regret it. I look forward to riding it daily!

[@robcampbell3235]

Got a honda blackbird....gathering dust. My scooter gets used all the time. Dont get me wrong, i love my other bikes but for cheap fun utility its hard to beat a scooter.

[@bertiedoonerwind8061]

I loved your impersonation of revving your Vespa at the beginning of the video?

[@TheMoneyResolution]

Hah! I guess I don’t really rev it in real life so that’s funny looking back on it 😂

[@johntharp22]

I have had a lot of motorcycles in my past (and present), but I stumbled upon a 2009 Vespa 250 GTV that my wife and I found too pretty to pass up. I had to ride it home from out of state, and was worried it wouldn’t be competent on highways, even after reading from plenty of owners who said it was no problem. They were right - it handled the highway with plenty of oomph to spare. Some may also enjoy that it turns more heads than motorcycles, too. I get a lot of nods and thumbs up on the road, and a lot of curious questions at gas stations. It’s been a pleasure to own, ride, and admire so far.

[@missafeeney5986]

Vespa gtcs super racing sixties replaced my ajs Modena,was the best upgrade ever 😊

[@TheMoneyResolution]

Love it! I'm learning a lot about different Vespa models!

[@shanedaugherty1755]

In my state of Pennsylvania my scooter insurance is $13 a month for full coverage.

[@TheMoneyResolution]

Nice!

[@aaron___6014]

That's super cheap. What scooter and are you in a rural city?

[@LuckyTown77]

Just got a Piaggio Fly 150. Cheap. Thanks for your inspiration. 👍🇨🇦

[@TheMoneyResolution]

That's awesome!! Those are nice! Congrats :)

[@wholeeyschmoley580]

Taller wheelz REALLY help safety wize too

[@rosesmith9345]

Thank you!

[@TheMoneyResolution]

Hope it helped!

[@nathantherealtorsonoma]

I will caution on the low milage bikes though. People buy these things as toys only to be brought out on warm summer weekends. The seals can dry out and the CPU can be damaged if the battery dies. Vespas love to be used they are not toys. If you can't ride it on the regular then at least start it up once a week for 20 mins.

[@LuckyTown77]

Subtract the current market value of your Vespa from your expenses, and wow... that is a savings !

[@TheMoneyResolution]

GREAT point Edgerton. I briefly covered how they retain their value much more than a car but I personally didn't think much about how much I can probably still sell it for 10 years from now if/when I upgrade. 👍

[@xcaliber7779]

I have a Vespa Sprint 150 and the biggest benefit I had from it is that it is so easy to find a parking spot for it and most of the time parking is free for scooters in our city. And you can name your Vespa "Scratchy" because of its dings and dents. Ride safe!

[@TheMoneyResolution]

Love that! Haha. Scratchy is a fantastic name 😂

[@darcychu9652]

I prefer those scooters with flat foot room without hump to accommodate narrow laundry basket for errands.

[@felixniederhauser7799]

I love the Vespa, however, since I life in India, I choose for a Honda Activa 125 Scooter. The main reason is shopping bags. On the Vespa this is difficult due to its u tube floor space. The Activa 125 has a large flat floorspace where you can transport even bulky stuff like Gas bottle. Note: In India the Vespa 150 is ca. USD 1200 and the Honda Activa 125 is USD 1000.

[@TheMoneyResolution]

Thanks Felix - I'm going to look into that one. Sounds awesome! You're right about that floor space. I use the hook but it's not ideal.

[@glenh4971]

Depending on where you live, a Vespa is nice. You need to live near service and parts. I live in Panama. I also prefer Honda Scooter or motorcycles. Honda is extremely dependable and much cheaper. Plus, we have good parts and service support. No one builds a better scooter than Honda for the money. Its not as classy as a Vespa. But, they are better. I just bought a new Honda Elite 125 here in Panama for only 2300 dollars. A Vespa would have cost double that and there would be no service and no parts in my area of Panama. I would never recommend a Vespa to anyone living my country.

[@kontext5338]

Vespa PX200 E from 1986. Love it!

[@TheMoneyResolution]

Nice!!

[@stanleygardiner1780]

I have a GTS 300 HP and love it 😊 nothing to do with finances, i just like it 👍

[@TheMoneyResolution]

Lol I just needed an excuse to make a video about my bike because I love it so much - and this is a finance channel :) Thanks for watching!

[@jimbobaggans1564]

I live in Pennsylvania so I only ride it when the temperature is above 65 degrees. But, if I lived in Florida I wouldn't own a car, just the scooter. Cars are outrageously expensive to own and operate repair and insure. I park on the sidewalk, if the scooter doesn't impede people walking. If you park on the street don't think you won't get a parking ticket if the meter runs out. I thought that they would let me slide,,,,,nope.

[@zeppelinfloyd6292]

I live in Cape Town, South Africa and own 3 GTS'. I have just sold my 2016 model at 76 % of purchase price.

[@abefrohman1759]

A scooter ride at the end of the day takes away the stress and puts a smile on my face. I’m going to upgrade from the 125 to the 300.

[@TheMoneyResolution]

Oh that's a fun upgrade!!

[@reinaldog4913]

Loved your review. My question is as follows > Would a Vespa be a thought for a 65 year old that has mobility issues walking such as sometimes unstable but still walks on and off with a cane.

[@TheMoneyResolution]

Great question. It sounds a little dangerous. But a 50CC could work if you feel safe. Always wear that helmet. Stay on backroads. An electric scooter might be a good option too!

[@darcychu9652]

Definitely yes! I am 68 years old. I am lightly lame with my left toe without sense after my spondylolisthesis injury through surgery operation in 2015. I started to ride locally modified scooter(it costs about US$400 to add 2 extended auxiliary wheels onto the body frame of regular scooters for handicapped riders with polio)and found that I could ride normal scooters with my butt seated firmly while slow down gradually for stopping. In fact, with my two feet reach out for stopping, I got 4 points(2 wheels plus two feet)of attachment to the ground which is safer than 3 points of attachment in mountain climbing. So, you definitely can ride a scooter with your butt firmly seated while slow in deceleration for stopping with two feet reach out for the ground.

[@Nat06]

AMAZING thank you

[@nationalrevolutionar4229]

Hello. I own a motorcycle (Suzuki SV650, named "Martha", after my mother who died in 2017) and a Vespa Primavera 50cc (named Martchen) and I love using my Vespa to get to the city buying some bread on sunday, having some very relaxed (and relaxing) ride. I ride my bikes at every time in the year, even in winter, which over here (north-east Germany at the coast at the baltic sea) can be a cold and wet experience. Salute!

[@TheMoneyResolution]

I STILL need to name my bike! Stay safe out there in that wet weather. Thanks for watching :)

[@davidbrown5082]

I plan to get a scooter/motorcycle in all weather conditions can you give me some tips

[@paulcapaccio9905]

I’ve ridden over 100,000 miles on Vespas now I have a piaggio liberty 150

[@TheMoneyResolution]

Nice!

[@industryliaison]

Love to hear that owning a scooter was a nice life hack in your life. I got rid of my car almost 4 years ago but want some wheels - not a car tho

[@TheMoneyResolution]

Definitely worth considering! For a 50 cc you don’t need a license too!

[@darkisato]

You know what I would say after the payment of buying the Vespa I will say this.... you will save on owning one vs taking public transportation. Your looking from 60 up to over 100 usd a month. Not only that your looking at a 20 drive going to as long as a hour One way. You might look like a dork on one but it’s better then sitting in the hot sun over 100 degrees waiting for the bus u missed by 2 min and. Now having to wait 15 min up to about a hour for the next bus... I put many hours into my game boy advance in college. Many game with over 100 hours of play time waiting for the bus and traveling on it. So the value is way underscored here they are game changers in life.

[@TheMoneyResolution]

Good explanation Chris. Totally agree. Sometimes I think I look cool and sometimes I think I look dorky haha. But either way, I know it saves me $$$.

[@darkisato]

@@TheMoneyResolution and time. u can always make more money but not time.

[@darkisato]

@@MrMoneyHelper or have the ability to go places where the bus can’t but I’m a big believer that scooters are cheaper then busses. A Vespa would be best a 49cc u can swap out motors to bigger motors and still legally a low power where most states have no restrictions to 50cc and below

[@DaBinChe]

A hospital visit, hell even an ambulance ride will negate what ever savings you made. "Invest" in quality riding gear, not only will they reduce damage to you but they will prevent a unwanted dismount too by keeping you more comfortable and more in control. "Invest" in training, take lots of riding courses, this will be the best "investment" you will ever make when it comes to two wheels.

[@taefromkorea]

I love your channel and great info here. I am going to sell my car and buy a Vespa. It seems to be a very good time to sell a used car. My monthly payment for car is $1,070, so I am looking at lots of savings! It's very hard to find a slightly used Vespa around me, so I'll just buy a new one.. What motor insurance do you have? I ran the numbers at a couple providers, and it seems to be over $500 annual (for basic ones)

[@TheMoneyResolution]

That's awesome and I appreciate it. I'm looking at $250 this year for insurance on it via Safeco I think. Prices vary by person though. For example, they know I hardly ride it compared to a car. It was slightly higher before via Geico but great coverage - maybe $350? Best of luck though with the purchase!! I'm excited for you!

[@mtrotter325]

I am in Texas and just got Progressive for about $350 annually

[@johnengland8619]

I got liability for $123.

[@michaelking4578]

I've got a paid off gas guzzling truck that I will not part with but I'm planning to get a Vespa for the gas savings and the fun.

[@haldexhot]

To a great extent your info is also valid for Sweden. My 12 m full insurance is 150 $, Road tax 12 m is 18$. We bought 10 years ago a used Piaggio Carnaby(Vespa with non steel body) for $ 2100. I had a collision with a car this summer and got $2400 from insurance company. We bought a new Piaggio Vespa 300 and when having the big top box it’s perfect to go shopping instead of using the car. A perfect and fun ”second car”. The later version are somtimes equipped with ABS/ASR which is excellent safety device.

[@TheMoneyResolution]

Sorry to hear about that accident. I can't imagine. Glad you're okay and back on one though! Yes, ABS is key!

[@addeade231]

I am also Swedish and Pay about 300 (3080 sek) per year for my vespa 50 (I am 22), only basic insurance. These 50cc scooters are super pricy to insure here, but so far it has been flawless. I am just about to hit 14,000km and I have had zero breakdowns so far. I get almost 100 mpg (us) (minimum) and it is my only vehiche here and used for commuting around Stockholm, but is a bit slow (like any 50) but still works in the slow lane (with some patience).

[@TheMoneyResolution]

I'll never forget my years riding a 50. It was SO fun and brand new to me. Thanks for watching and sharing!

[@addeade231]

@@TheMoneyResolution Yes, this is my entry to scooters! It is amazing, except when it rains heavily hahah. I want to get a motorbike license so I can get a 125/150cc scooter, it may be a piaggio product again, or a japanese, we will see what "craigslist" has to offer then :)

[@burlybair]

Since you are good at looking up facts and figures, I wish you would have done a price comparison of a scooter cost vs people who don't drive. People who use public or private (uber) transportation. One of my employers would take the train and uber from San Francisco to San Jose every day. Supposed he scootered.

[@TheMoneyResolution]

That's a great idea I'll keep in mind! I know people who used to do that same commute when I lived in the Bay Area! Teachers too so very early!

[@josephkent3238]

Thank you

[@TheMoneyResolution]

Glad it helped!

[@johnbellamy6449]

we are in the u k .my wife 72 and myself 74 both have vespas . she a 2021 primavera 50 with polini cdu , bit more speed for safety . myself a 2020 gts 300 .i also have a honda sh 125 i new 2 weeks ago . we are retired so ride for pleasure on quieter roads .

[@JMoroccoMisterBoy]

I have a Piaggio 150 Fly. If you want to go on the Interstate, the 300 or larger is best. Tks. much.

[@allanb52]

Vespas are all about enjoyment and very little else. I have a 2016 GTS 125 and it is brilliant. I makes me feel good and that is all that matters. In Thailand I have Yamaha with a very similar spec, but cost 1/2 as much, ....but less than 1/2 the bike ... Never use the self retracting side stand, the wind will blow, the stand will retract and you will have a BIG dent. I saw 2 scooters with these dents.....

[@gregmarquez8720]

My Vespa is named Little Meep Meep. She is a 2017 Primavera 150 shiny black.

[@TheMoneyResolution]

That’s awesome. Great name 👍

[@ChrisWolf75]

Better then my bikes name I call it Arsehole.

[@johnabelljr1997]

I would like and am leaning towards a 250-300 Vespa GTS. No more than a one or two years old.

[@TheMoneyResolution]

awesome - you'll love it!!

[@brianbonilla4830]

I want the Super Tech. Sure is stylish.

[@TheMoneyResolution]

Niceeeee

[@ToddMills801]

I have a Honda ST1300 for 2 up touring and I’m rebuilding a 1985 Honda Elite 125 for a scooter

[@sabbottart]

In a city a stand-up scooter is a better cost option. You can bring it into your apartment, so no worries about theft/vandalism. No insurance necessary. No alternate side of the street parking to deal with. No winterization necessary. A Vespa is better for the suburbs/country imo.

[@TheMoneyResolution]

All makes sense to me! I never really thought about other side of the street parking but you're totally right! So easy!

[@EMVelez-qb1zu]

What if you have stairs and no elevator though? That’s my issue.

[@10siWhiz]

If i had to register it and insure it i would just get a comfy motorcycle. I have my car currently in storage and ride a motorized bike to work. In my state no registration or insurance required.

[@SpiritedTherapy]

🤗 thanks!

[@TheMoneyResolution]

Glad it helped!

[@rideandtourphilippines595]

Hi sir im also vespa user from Philippines.

[@TheMoneyResolution]

Awesome!

[@inea-fijourney22]

binge watching old videos! I have a crf250l rally, and I have been considering for 2021 to sell my truck and only commute on the bike to work. My wife has a 2017 Honda Accord so that is a pretty reliable car, to take me to work on rainy days. I work only 7 mins from my house. Also, in 2020 I have been working from home since March, so I feel Im wasting so much money on my $650 monthly truck payment plus $100 monthly insurance 🤦🏾‍♀️🤦🏾‍♀️🤦🏾‍♀️

[@inea-fijourney22]

It cost me $6,700 new. so its about the same as the vespa. it is 249cc. Something I will definitely get is like 500-800 in gear.. $200 for a good helmet, good boots, protective pants and jacket, helmets. I did the first oil/filter change myself, it cost $50 and a fun afternoon.

[@TheMoneyResolution]

Yes - gear! That's what I need more of when the weather improves. People in the comments pointed out a need a better helmet for starters. Gloves too! Best of luck. Keep me posted! Sounds awesome.

[@Bonjour-World]

The first question to ask is there a local dealer or is the closest dealer 300-500 miles away ?

[@dionmoore879]

how many miles in 3 years?

[@kentwilliams4152]

But...Shouldn't the yearly cost be amortized or not considered at all?

[@tonyciantar6417]

Ever ready Eddie!

[@TheMoneyResolution]

Lol, nice!

[@baksetballhighlights5270]

where can I find the jacket he wanted to get

[@TheMoneyResolution]

Seriously! Somebody share! :)

[@arnoldzyphill3167]

i have an 03-et4 and 20 sprint for just pleasure.

[@jjd2855]

I would love to see a 2023/2024 update.

[@carneasadafries8050]

Yay....the cost per day category. My favorite!

[@TheMoneyResolution]

Lol. I should have gone down to the minute! I fully intended to "just have fun" with this video and keep it short/simple. Then I started digging into research and the math and this became 20+ minutes. I just can't help myself! 😂

[@void________]

Could i park it in my living room?

[@TheMoneyResolution]

Lol I don't see why not. Although, your living room might start smelling like a garage... :)

[@sophiem7791]

I want to get a Vespa primavera 50 :))

[@soulslaveone]

Matt black. The last ever colour you should choose for your Vespa. Takes all the beautiful lines away and makes the scooter less visible in traffic.

[@TheMoneyResolution]

Interesting perspective indeed. Safety first.

[@Fourwedge]

I just got a 2023 vespa gts 300 super sport.

[@TheMoneyResolution]

I'm jealous!!

[@Fourwedge]

@@TheMoneyResolution it's very fun. Save up and dive in.

[@psycosoft1]

I have a few bik Es, but also a SYM 150 scooter. The scooter is the most practical ride. Oh, im in the Philippines.

[@marilynnguyen5887]

Bruh thank goodness I’m in a super Asian area! Vietnamese folks always hook me up with deals lol

[@industryliaison]

Ha! I didn’t think about pot holes. Lol

[@TheMoneyResolution]

It’s real! They are so annoying!

[@ianh9871]

42% adult obesity in the USA, more people need to walk and cycle, that is the future. This is why your health insurance cost is so high.

[@TheMoneyResolution]

Lol interesting perspective! :)

[@solstar4778]

How many miles per year do you put on the Vespa ?

[@TheMoneyResolution]

Great question... I'd roughly estimate around 1K. I used to put 5-10K a year on my old Honda Civic. Mainly, because I don't ride it in bad weather (half the year in Seattle lol). I use public transportation when it's raining.

[@solstar4778]

@@TheMoneyResolution - so your cost per mile went up ten times ,so you were driving more the car , and scooter you are ridding less 👎🏻

[@TheMoneyResolution]

In 2020 I’m driving far less, like most people - car or not. This is also much much better for the environment. And far more affordable than a car, specially in a big expensive city. Thanks for watching and chiming in. I welcome all opinions and viewpoints as always - even if we disagree on opinions and numbers.

[@solstar4778]

@@TheMoneyResolution - Thank You !

[@jameskrell4392]

I the UK I put 3,000 miles a year on my Vespa 300. In good weather it beats the car every time.

[@rj-yr4ql]

It will never replace a car (3 words: groceries, raining, children). But Vespa is a nice toy.

[@TheMoneyResolution]

Lol so right. For sure not a kid zone. Though I’d love a side car for my pup 🤔😂

[@gregmarquez8720]

One word, sidecar. Now sit down

[@skeeterd5150]

Ok! Great video, but please update for todays crazy fuel costs.

[@TheMoneyResolution]

Hah will definitely consider that!

[@mtrotter325]

To slightly compare, I just got a 2022 Primavera 50 Touring (because there really wasn't anything used listed) last week. All in from the dealer was about $5400+275 for delivery to my apartment. I've put 10 miles In a week (mostly practicing turns), insurance is $350 annually. Came with 2 yr warranty (delivery guy said in his 10 yrs has only had 1 come in for warranty work). I can buy additional 2 yrs for $240 prior to my 2nd yr of ownership. If I need to get on the highway or carry more groceries, I walk .5 mile to a rental car company where I can get one for $41 per day tax/fees included. I'll do this maybe twice a month. Uber is $9, not including tip, each way vs all day car that fits my Great Dane. I didn't get a bigger bike as safety classes for a license weren't available until end of August and didn't want to continue walking in 100° heat. Plus limited Vespa inventory due to Covid and new year models coming in a few months.

[@ziauddin4271]

can u tell 50 cc,100cc price

[@azmiadnan2161]

Mine is 2005 PX150.

[@TheMoneyResolution]

Nice!!

[@KyleFalconer1]

I lol'd at the price estimates for the helmet. Seriously people, don't cheap out on helmets: in a crash, they're literally the only thing between you and brain damage. Get one that's at least ECE or SNELL. DOT only means garbage. Expect to spend AT LEAST $350 on a decent full face helmet, possibly up to $700.

[@TheMoneyResolution]

Agree! Thanks for this! I myself am definitely going to improve my helmet, especially after reading the comments about it!

[@russellminard2578]

Always wanted a bike, but due to there being snow almost half the year in Canada it's not very practical

[@TheMoneyResolution]

Makes sense. I deal with rain half of the year so I might go a month or so without riding. But every time I get back on it, it's so worth it! :)

[@ChrisWolf75]

That's no excuse I'm in Canada and I ride all year round. Triumph street bike in the spring/summer/fall and a Yamaha Dirt bike with spiked tires in the winter. I ride on the frozen lakes in winter as much as possible.

[@Scootphoria]

Old video, but I just found it. The 'wave' you showed, was wrong. When you put your left hand down at the angle, it is with 2 fingers, not the open hand as you showed it. Prolly unimportant as this isn't the focus of your channel. But, as it is one of your most popular videos, thought I'd throw it in.

[@TheMoneyResolution]

Haha this made me laugh. Learn something new everyday. Thanks for that!!