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Can Motorbikes Ease the Sting of Rising Petrol Prices?

For a long time, motorbikes have been a rather polarising topic. You either think they’re a death trap on wheels or a fuel-efficient, not to mention cool, way to get around. But as petrol prices continue to rise, an attitude shift is underway.

It seems with every transaction we make, the sting of inflation is more and more acute. When your weekly grocery shop costs $50 more than it did a year ago, it costs you double to fill your tank, and your bills seem to be going up and up, there is a combination of factors to blame:

  • The ongoing impacts of COVID yep, we’re still dealing with that

  • Supply chain issues due to severe weather and labour shortages

  • Recent rate rises

  • General inflation

Life’s expensive, so it’s not surprising that many Australians are looking for more affordable ways to get around.

Costs of Car vs Motorbike Ownership

For those seriously considering ditching two wheels and joining the motorcycle crew, there are multiple factors to consider. Some critical questions to ask yourself before buying a motorbike are:

  • Do you feel confident riding a motorcycle in a variety of traffic conditions?

  • Are you happy to ride in wet weather?

  • Can you sacrifice the space and convenience of transporting goods that a car provides?

  • Are you committed to wearing all the required safety gear every time you go for a ride?

If you answered a firm yes to all of the above, it’s time to talk about costs. 

Costs for registration, servicing, and insurance vary significantly between states and in different circumstances, but we’ve done some solid sleuthing to gauge the average cost of car vs motorbike ownership in Australia.

*We couldn’t find enough publicly available information from reputable sources to provide an average. Insurance premiums are determined by where the bike is ridden and stored, the individual’s driving history and licence type, as well as a number of other factors. 

Other costs to consider when purchasing a motorbike

Motorbike licence

Riding a motorbike requires a different licence to your usual driver’s licence – unless you’re keen to zip around on a moped, in which case you only need a car licence in QLD, WA, SA and the NT.

In all states, you are required to complete a Driver Knowledge Test. In many states, a pre-learner course is also mandatory before you can collect your motorbike licence. This usually comes in the form of a two-day, in-person training course.

All of the above come with a cost, which can add up if you don’t pass the first or second or third time.


Tolls and on-road costs

Toll roads are the bane of every driver’s existence, but there may be some relief for motorcyclists. In some states, toll prices are discounted sometimes halved! for motorbikes. Unfortunately, in NSW, motorcycles are classified as Class 2 vehicles – the same as cars – and therefore come with the standard toll fee on most pay-per-use roads. 

Keep in mind that most toll roads are privately owned, and prices for use vary. 

Maintenance and repairs

Cars typically have a longer lifespan than motorbikes, so it’s important to service your bike regularly to help it go the distance. As with any second-hand vehicle purchase, motorbikes can come with unexpected problems that require major repairs. Ask around and read reviews to find a trustworthy mechanic. It’s a good idea to send your bike in for a tune-up every 8,000-32,000kms.

How to finance your motorbike purchase

Unless you have a stack of cash sitting in the bank, you might need some help securing your dream bike. A Wisr Recreation Loan can help you secure your new ride with a personalised rate tailored to your credit scores. There are no ongoing or early exit fees, so you can save your money for driving lessons or a sweet new riding jacket. We’ll also help you pay it off sooner with our handy app.

Keen to know more? Read up on our Recreation Loans or get an estimate – it only takes two minutes and won’t impact your credit scores. 

Ready to hit the road on two wheels?

Get a rate estimate for a Wisr motorbike loan in just two minutes – it won't impact your credit scores.

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Did you find this content helpful?

Disclaimer: This article contains general information only, and is not general advice or personal advice. Wisr Services does not recommend any product or service discussed in this article. You must get your own financial, taxation, or legal advice, and understand any risks before considering whether a product or service discussed in this article may be appropriate for you. We have taken reasonable efforts to ensure that the information is accurate at the time of publishing, but the information is subject to change. We may not update the article to reflect any change. Carefully consider your personal situation before purchasing a vehicle of any kind. 


https://www.canstarblue.com.au/vehicles/average-car-price/#:~:text=What%20is%20the%20average%20price,spend%20%2444%2C557%20and%20SUVs%20%2443%2C545.

https://www.carsguide.com.au/car-news/dont-expect-used-car-prices-to-come-down-any-time-soon-new-industry-data-reveals-overblown

Based on registration costs in NSW: https://www.canstar.com.au/car-insurance/registration-cost-nsw/

Based on average costs in NSW: https://www.canstar.com.au/car-insurance/what-does-car-insurance-cost/

https://www.canstar.com.au/car-insurance/car-service-cost/

In May 2022, the average fuel price in NSW was $2.05/L for unleaded and $2.10/L for diesel. Calculations are based on the tank size of an average small car 45L, average large car 65L and the average motorcycle 15L. https://www.budgetdirect.com.au/car-insurance/research/petrol-diesel-electric-car-ranges.html

https://www.budgetdirect.com.au/motorcycle-insurance/guides/cost-of-owning-a-motorcycle.html

Based on the average registration cost of a motorcycle in a metropolitan area in Victoria. https://www.vicroads.vic.gov.au/registration/registration-fees/motorcycle-fees

https://www.amacmotorcycles.com/news/how-much-does-it-cost-to-service-a-motorcycle#:~:text=A%20basic%20service%20at%20AMAC,as%20oil%20and%20filter%20maintenance.

https://www.budgetdirect.com.au/motorcycle-insurance/guides/cost-of-owning-a-motorcycle.html

Bethany is a copywriter, digital marketing specialist and general all-rounder with a passion for travel, food and sustainability.

Bethany, Content Marketing Specialist

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