Bike Forums - View Single Post - Did the calculation - surprised myself with savings from bike commute

03-24-10 | 08:21 AM

#11

chucky

It's got electrolytes!

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Quote:

Originally Posted by ItsJustMe

I did the calculations a few months ago, and given that I pay nothing for parking, can't get rid of the car anyway, and it takes me 40-50 minutes a day more to ride the bike than to drive (there is NEVER EVER any delay on my ride or drive - it's straight 50 MPH roads all the way with almost no traffic) and assuming that those are 40-50 minutes a day that I could be working and earning overtime pay (I've always got more work to do, and am authorized to work any OT I feel like doing)...

It costs me about $7000 a year to ride a bike. Yes, that's deducting gas and maintenance on my car, and I'm not even counting maintenance on the bike, which amounts to about $50/year.

Is that a surprise? If you have two alternatives, you're never going to save any money buying both, but only using one. The fact that you even have to think about it when it comes to cycling is a testament to just how much can be saved by choosing a bike instead of a car.

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