Originally Posted by
I-Like-To-Bike
True, IF the nice bike or eBike purchase is the catalyst for eliminating the typical $600/mo car payment and the other high dollar fixed costs of ownership. Otherwise the savings are relative chicken feed, as in your example of $108/year in fuel costs; that amount of savings is contingent on the bike purchaser having zero requirements for any transportation other than commuting or shopping by bicycle or walking, as well as no need to arrange to take passengers, travel when under the weather (literally or figuratively) or transport larger packages or luggage.
I suppose the wildcard for that bolded part is: "What about an electric cargo bike?"
Lectric XPedition: $1700 (stock photo)
Yeah, that doesn't address "Under the weather". One would have to fully commit and get rain gear. Of course a fellow would be sick a lot less often if he bike commuted vs. car. ← I've found this to be true anecdotally, but I've read others saying it too. Now when I get a simple cold, I stay home and really relish the sick day.