What is your $ per mile for your bike?
10-15-20, 11:15 AM
#77
Senior Member
I'm not really sure, but it's got to be a lot cheaper than the cost/fish associated with my boat.
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10-15-20, 03:40 PM
#79
Senior Member
My old Fuji cost me $195 new 44 years ago, and I've ridden it well over 55,000 miles, so that's like 0.35 cents/mile ( $0.0035) or a roughly a third of a cent per mile.
That was before I made some changes to it, like barcons, water bottle cage, seat bag, pump...
BUT now you've gotta add all of the wear items into the mix - that is literally dozens of tires, three replacement wheelsets, two replacement rear derailleurs, new crankset, new pedals, a dozen chains, several freewheels, brake pads, replacement pumps, cables...
I never added all of them together, and I'd be afraid to do so!
That was before I made some changes to it, like barcons, water bottle cage, seat bag, pump...
BUT now you've gotta add all of the wear items into the mix - that is literally dozens of tires, three replacement wheelsets, two replacement rear derailleurs, new crankset, new pedals, a dozen chains, several freewheels, brake pads, replacement pumps, cables...
I never added all of them together, and I'd be afraid to do so!
Last edited by Cougrrcj; 10-16-20 at 05:03 PM. Reason: Clarification of the 0.35 cents/mile
10-15-20, 06:06 PM
#80
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Figuring that out would take all the fun of cycling, or any other pastime or hobby, thus I never do. Last thing I ever wanted to be, was an accountant.
Tim
Tim
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10-19-20, 07:43 AM
#82
Senior Member
Fred, after spending $3K to renovate his boat, took his friends on a fishing trip over the weekend. They caught only 3 fish, total.
On their way back home, Fred said, 'Those fish cost me $1K each!'
One of his friends said, 'It's a good thing we didn't catch more.'
On their way back home, Fred said, 'Those fish cost me $1K each!'
One of his friends said, 'It's a good thing we didn't catch more.'
My old Fuji cost me $195 new 44 years ago, and I've ridden it well over 55,000 miles, so that's like 0.35 cents/mile ( $0.0035) or a roughly a third of a cent per mile.
That was before I made some changes to it, like barcons, water bottle cage, seat bag, pump...
BUT now you've gotta add all of the wear items into the mix - that is literally dozens of tires, three replacement wheelsets, two replacement rear derailleurs, new crankset, new pedals, a dozen chains, several freewheels, brake pads, replacement pumps, cables...
I never added all of them together, and I'd be afraid to do so!
That was before I made some changes to it, like barcons, water bottle cage, seat bag, pump...
BUT now you've gotta add all of the wear items into the mix - that is literally dozens of tires, three replacement wheelsets, two replacement rear derailleurs, new crankset, new pedals, a dozen chains, several freewheels, brake pads, replacement pumps, cables...
I never added all of them together, and I'd be afraid to do so!
However it illuminates the costs of riding a bicycle: I've spent probably $4K on a bicycle I bought for $500: maintenance swamped the purchase price. If a more expensive bicycle would have improved my enjoyment per mile, it would have been worth it easily. A $1K bicycle would have increased the cost per mile by 11%; a $2K bicycle by 33% (ignoring carrying costs). Knowing this helps the prospective purchaser make a better-informed decision.
10-19-20, 07:51 AM
#83
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I remember this joke:
I do both. Every time I make a purchase, I make an entry in the spreadsheet on a computer, which keeps the totals, yearly averages, cost per mile, etc. up-to-date automatically!!. That 30 seconds every few months does not detract from the joy I take riding my bicycle.
However it illuminates the costs of riding a bicycle: I've spent probably $4K on a bicycle I bought for $500: maintenance swamped the purchase price. If a more expensive bicycle would have improved my enjoyment per mile, it would have been worth it easily. A $1K bicycle would have increased the cost per mile by 11%; a $2K bicycle by 33% (ignoring carrying costs). Knowing this helps the prospective purchaser make a better-informed decision.
I do both. Every time I make a purchase, I make an entry in the spreadsheet on a computer, which keeps the totals, yearly averages, cost per mile, etc. up-to-date automatically!!. That 30 seconds every few months does not detract from the joy I take riding my bicycle.
However it illuminates the costs of riding a bicycle: I've spent probably $4K on a bicycle I bought for $500: maintenance swamped the purchase price. If a more expensive bicycle would have improved my enjoyment per mile, it would have been worth it easily. A $1K bicycle would have increased the cost per mile by 11%; a $2K bicycle by 33% (ignoring carrying costs). Knowing this helps the prospective purchaser make a better-informed decision.
10-19-20, 09:00 AM
#85
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Tim
Last edited by tkamd73; 10-19-20 at 09:09 AM.
10-19-20, 09:14 AM
#86
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My grocery grabber/RV bike a Magna 7spd Hybrid bought at Target in 2002 for $100.00 has 12,000+ miles with bare minimum maintenance.
10-19-20, 11:35 AM
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wrong thread?
I think you were looking for the thread questioning if you know, care, answers are better than a politicians, and if you like accounting? Or the tkamd73 for president thread?
10-19-20, 11:50 AM
#88
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42. Always 42.
10-19-20, 03:58 PM
#89
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Personally I’d be more curious in $/hour riding than $/mile.
As for $/mile, my Performer is currently at $3.60 and continuing to decrease.
- Netflix subscription: $0.21/hr
- XM radio subscription (based on my pre-Covid commute): $0.25/hr
- Cup of tea: $0.75/hr
- Alcohol: $1-5/hr
- Catrike Trail: $4/hr (new trike in 2016)
- Movie at a theater (pre-Covid): $7/hr
- Round of golf: $8/hr
- Eating at home (for a couple): $9/hr
- Car: $15/hr
- Ice skating: $20/hr
- Meal at a restaurant (for a couple): $25-100/hr
- Skiing: $25/hr
- European Vacation (for 2, pre-Covid): $31/hr
- Performer X-Low: $48/hr (new bike this year)
- Flying a plane: $125/hr
As for $/mile, my Performer is currently at $3.60 and continuing to decrease.
Last edited by skier; 10-19-20 at 04:02 PM.
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11-23-20, 11:06 PM
#91
Junior Member
I’ve never thought about this but I bought a new bike in January for commuting and tooling around and I’m at $0.18/mile and dropping.
my previous commute bike I got for free and rode for a decade, hard to beat that ratio.
my previous commute bike I got for free and rode for a decade, hard to beat that ratio.
11-24-20, 10:40 AM
#92
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Remember too, if you take good care of a good bike or trike, the cost per mile goes down all the time.
