Originally Posted by
ItsJustMe
I wouldn't stop biking to work if cars and gas were free. That said, I certainly do save money. I have < $1000 into my bike and haven't spent much for the last year apart from the disc conversion last fall (about $150 and disposables (chains, brake pads). I don't really buy much anymore, after 2 years I had what I needed. The bike has 14000 miles on it, so that's 560 gallons of gas if I drove my car. Even at the $2.20 that gas cost when I started I'd have saved some money by now and it's only getting better as I amortize those one-time expenses over more and more miles.
Also, factor in that I get far, FAR more exercise than I used to, I'm happier, and I'll most likely live longer and have a healthier retirement as a result. How much can you buy THAT for?
I'm in the same position, I have the bikes/gear that I need to get the job done, and my spending peaked over a year ago, and since has been limited mainly to making small purchases.