Bobbi’s posts about buying used cars got me thinking about selling my husband’s Vespa scooter because we almost never use it. It came out once last summer, to be exact. I’ve never even driven the two-wheeler myself! But its potential for fun and gas savings makes us hesitant to sell. Are we being foolish by not selling it – or by not using it? What would you do?
Pros of selling
Cash – Nada Guides values the 2007 LX50 Vespa scooter at $2,310, a nice chunk of change. (Edmunds and KBB do not value scooters). That would more than cover a summer vacation next month or go halfway to maxing out one of our ROTH IRAs.
No guilt – We won’t feel guilty every time we see the Vespa gathering dust in the basement. And we won’t be bogged down by the Vespa’s inertia, currently greater than our motivation to get it
Bike – I have a mountain bike to get around town in, so I still have options other than driving.
Loosing value – The longer we don’t use it while waiting to sell it, the more value it sheds. The waiting game is ours to lose. (Though we’re not currently paying registration or insurance on it.)
Cons of selling
MPG – At 85 miles per gallon, it’s more than twice as efficient than our two cars. The Vespa has enough storage, believe it or not, to make small grocery runs, which is easier than lugging food home on my bicycle.
Work – Cleaning the scooter, gassing it up, and fixing a broken gauge will take 2-4 hours. Plus, we’ll need to take pics, make a Craigslist ad, and deal with often flaky potential buyers. Who knows how many hours we’ll spend to sell it.
Parking fees – Parking a car at the local beach costs $20, but the scooter gets in for free.
One car – If we go down to one car, which I am hoping we can do, having the scooter will be a nice option for in-town errands and trips.
Missed fun – Buzzing around on the scooter is super fun and parking is always easy. Riding the scooter is a summer adventure!