Those of you who switched from driving to exclusively cycling: how much have you saved in gas, insurance and repairs? (lemmy.world)

submitted 1 day ago by SpiceDealer@lemmy.world to c/bicycles@lemmy.ca

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I'm slowly but surely transitioning from driving to cycling to the point I'm going to have to change jobs to stop driving all together. While this surely has many health and environmental benefits, I was wondering about the financial benefits. Those of you who have already made the transition, how much have you save by not driving?

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[-] TurtleTourParty@midwest.social 14 points 1 day ago* (last edited 1 day ago)

It's been like 6 years since I've owned a car but I'll try to estimate what is was when I had one.

$150 a year in registration
$100 a month in insurance
$100 a month in gas
Not sure about maintenance but probably $50-$100 a month
$130 a year city sticker

So my estimate is $3500-$4000 a year

But I do spend about $150 a year in bicycle maintenance so there's that. And about $50 a month in bus fares.

[-] SpiceDealer@lemmy.world 7 points 1 day ago

If my math is right, $850 over $4000 is still huge savings.

this post was submitted on 19 Oct 2024

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