Bicycles

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

submitted 4 weeks ago by [email protected] to c/[email protected]

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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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[–] [email protected] 0 points 4 weeks ago

I don't have driving license but I did the calculation.

Tldr: repair + depreciation cost per year are equal to cheapest car leasing per month.

So I have more expensive bike in the range of 2000€ (including rack, panniers and some other stuff). On the second hand market similar bikes go for 1400€ (even older ones in this category), I count depreciation for 10 years so 60€/year (beat this with car).

Repairs/maintenance is around 100-200€ for me but I easily ride 10 000 km/year on it in every condition and surface.

I basically save for new bike per year even with public transport tickets counted in.