According to Bloomberg the pandemic has kick started a motorcycle boom! Sales of motorcycles had been increasing year on year, even before the pandemic and current events only intensified this increase. Year on year sales were raising 11% since 2010, but in 2020 there was a whopping 31% increase in sales compared to 2019.
It’s a huge jump and I’m certain the pandemic played a large part. Let’s take a look at 5 possible reasons why motorcycle sales are booming and probably won’t slow down any time soon.
Motorcycles are cheaper
They are cheaper to buy, cheaper to run, cheaper to replace and cheaper to repair. With everything that’s been happening around the world, many people are on a tighter travel budget than before. Even if they’re not, people are being more careful and practical with spending as the economy is so fragile right now.
Motorcycles are more convenient
As Yahoo quotes from MCIA spokesman Nick Broomhall, motorcycles are far more convenient for parking, along with environmentally friendly benefits too: “With their light weight, ease of parking, and ultra-low or zero emissions, more and more people are realising that powered light vehicles (PLVs) represent a perfect alternative to traffic-bound cars and vans,” said.”
Motorcycle insurance is cheaper
One of the biggest off-putting factors when buying a car for the first time as a newly qualified driver is the insurance cost. It’s a staggering amount when you have a car for the first time and many people can’t afford this monthly outgoing, especially young people. Motorcycle insurance on the other hand, can be much cheaper and appealing to young (and old) as a more frugal option for transport. It’s easy to check out the best 125cc motorbike insurance quote from The Bike Insurer to see how affordable motorcycle insurance is. If you’re ready to get insurance for your bike then check out their Cheapest Price Guarantee as they’ll beat another online quote.
Motorcycles can be more eco-friendly
In comparison to many cars, a motorcycle is often the most eco-friendly choice both in using less resources to produce a motorcycle, and also in fuel efficiency. A motorcycle uses less fuel to run. However, they do still emit pollutants so if cash flow is not a reason for you opting for a motorcycle, then an electric vehicle is the better bet.
Getting started on a motorcycle is easier
Learning to drive a car can take a lot of driving lessons and cost a lot of money. It can be much easier and quicker to learn to ride a moped scooter.
“To ride a motorcycle or moped on the road, you must:
- Be at least 17 years old (16 for a moped – speed range of 25 km/h to 45 km/h)
- Have completed compulsory basic training (CBT)
- Have a provisional Category A driving licence
That licence can be any of the following:
- A provisional driving licence with motorcycle entitlement
- Full car licence. This automatically provides provisional motorcycle entitlement” – Begin Motorcycling
As well as all the personal reasons motorcycles can be a better choice when compared to cars, no doubt our love for ordering takeout during the pandemic has also contributed to the boom!