5 Ways Electric Scooters Can Save You Money

on July 10, 2022

Are you on the fence about getting an electric scooter and giving up your daily driver? If your commute isn't too far, you could wind up saving a ton of money. Let’s take a look at how riding your electric scooter more often can help you recoup its cost faster and even save you some extra money along the way. Until then, let's talk about what an electric commuter scooter is.

What is an Electric Commuter Scooter?

In the world of electric scooters, the commuter option is built for, well, commuting. They are designed and manufactured to act as a replacement for public transportation and driving your car to work.

Keep in mind, that a lot of electric scooters aren’t capable to be replacements for your daily driver. Only commuter scooters have what it takes. We’re not going to explain what to look for in a commuter scooter, it’s just worth pointing out the differences. They’re more comfortable to ride, easier to store and carry, and have a longer battery range. Kaabo Mantis 8 is made for commuting. It is Kaabo’s answer to compact performance. Built-in a small, but incredibly sturdy package, the Mantis 8 is designed to provide fast-paced daily urban commuting and adventurous trail riding capabilities. Find out what lightweight performance means when you get on the powerful Mantis 8 dual motor!

#1. No More Fuel Costs

Gas prices have been soaring recently. As a result, cars and motorcycles are only becoming more expensive to operate. With current gas prices why spend 200 to fill your gas tank when you can get an electric scooter for one-half of one percent the cost of a normal vehicle?

Luckily, electric scooters don’t require any gasoline. Instead, they're powered by rechargeable batteries. The cost of refueling these batteries is impressively low. Just take a look at the average e-scooter charging costs in the United States:

$0.02 USD during off-peak hours in the U.S.

$0.07 USD during peak hours in the U.S.

#2. Low Maintenance Costs

Not only are electric scooters more affordable to fuel, but they’re also more cost-effective to maintain. According to Budget Direct car servicing and tire, maintenance costs around $29.41 weekly if you live in major cities. That’s over $1,500 of car maintenance costs in a year. Electric scooters contain fewer parts and are less maintenance compared to owning a car or motorcycle, so it has less maintenance cost. Moreover, decent electric scooters don’t break down easily and will last longer, unless you don’t take care of them or ride it recklessly. If there will be any maintenance needed, it often would be tire changes, which are not that expensive. 

#3. Eliminates Parking Fees

Getting tired of paying for parking? $18 per day is the average cost of parking in most major cities. Factoring in a 5-day work week, that is $90 per week just to park. If you aren't paying monthly, parking can cost you over $4,000 per year. 

No matter where you are in the world, parking space is one of the pain points for city car drivers. However, electric scooters eliminate the need for parking thanks to their compact size, lightweight, and foldable body. E-scooter riders can easily fold and carry it after using it. Plus, they can store it easily under office tables, inside cabinets, or even large lockers. Naturally, you also eliminate the need to pay parking fees. So, you will no longer have to worry about finding a parking space and paying for it.

#4. Cheaper Than Public Transportation

If your city has good public transportation, you can use it to get around town affordably. Taking the bus or train is certainly cheaper than owning a car. Even so, the cost of using public transportation regularly can add up over time.

Here’s how electric scooters compare to public transportation in terms of average monthly cost:

Public transportation tickets – $65 in the U.S. 

Electric scooter charging costs – $2.10 in the U.S.

As you can see, riding an electric scooter is significantly more cost-effective than relying on public transportation. Based on this data, your electric scooter could pay for itself in as little as seven months, depending on the price of the model you purchase. Electric scooters also offer more flexibility than public transportation, since you won’t have to work around the bus or train’s schedule.

#5. Lower Upfront Costs

When buying a vehicle, the initial cost is a major consideration. However, unlike buying cars, electric scooters are significantly cheaper. According to KBB’s recent survey, the Average New Car Price Tops $47,000 in the U.S.

On the other hand, commuter electric scooters in America can cost from $300 to $1000. Premium or off-road electric scooters can cost around $1000 to $3000 depending on how powerful you want them to be. The Kaabo Mantis 8 costs $1,199.

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