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Should you buy
a brand new or a used scooter?
New scooters are considered by many to be very expensive, and in the
past their belief was justified. Nowadays, brand new scooters are
cheap, thus eliminating the need for most people to buy a second hand
scooter.
Second hand scooters made by popular manufacturers can be very
appealing to some people, the brand recognition makes people feel that
they have made a sensible purchase.
The reality is that brand named scooters are very overpriced, the cost
of manufacturing the scooters is very low and the majority of the
retail price is made up of profit, not expense. This is fair, after
all, scooter manufacturers are in business, and the sole purpose of
business is to make money.
Over the years, new manufacturers have emerged, wanting a piece of the
scooter business all to themselves. These manufacturers struggled to
make a name for themselves and compete with the more established
companies, so, they decided to keep their prices low, and as a result
have made huge sums of money by offering reliable, high quality
scooters at bargain prices.
A well known scooter company may make £1000 profit (after costs)
on the sale of a scooter whereas a cheap scooter manufacturer may make
just £200 profit (after costs) on the sale of a scooter, but the
cheaper scooters sell better so the lesser known company makes a good
amount of money overall.
So who is the real winner? It is usually the customer and the lesser
known scooter companies that reap the biggest rewards, while sales of
the overpriced branded scooters start to drop. I mean really, why would
people pay 5x more for a scooter that is practically the same as a
scooter that costs just £600?
Because brand new scooters are so cheap, the second hand scooter market
has dwindled, leaving consumers with a basic choice to make. They can
either buy a brand new scooter for about £600, or a second hand
scooter for about £600.
Not a tough choice really.
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