Money saved last two years not driving to work $2,522Ã¢â‚¬â€4,108 +
Number one factor for me is parking fees. Most People I work with pay $ 54 per week to park at our garage, and others pay less to park off site and take free shuttle bus. All drivers have to pay monthly even when they are out sick or on vacation it comes out of their checks every month whether they use it or not.
Park at garage per year - 2,808.00
Park at OFFSITE per year - 1,200
I have been working there over 2 years and ride my Ebike or bike every day. I rarely take the bus perhaps 3-4 X per year.
Money saved not Parking at garage for 2 years - 5,616
Money saved not Parking at OFFSITE for 2 years - 2,400
Money saved over two years 2,400---5,616!!!!
NOW my partner and I got rid of a second car that we never used anyway
Saving 750 per year in insurance. Plus Save minimum $200 in gas not driving also
Now minimum saved 4, 300 Ã¢â‚¬â€7,516 ( over two years) ( minus cost of Ebike, minus cost of electricity )
Since I live in the city we do pay a premium for parking and even taking the train cost much more than Ebiking. Train $2 or 4 $ RT, electricity = 10-15 cents. I save money on Every trip. I can not calculate unless I keep track but I have saved money there also.
Example: I was lucky enough to go to Fenway 5 times this year. My friends paid 30-45 dollar each time to park! We biked or Ebiked Ã¢â‚¬â€œ another 150- 225 dollars saved. (Plus drinking + Ebike = FUN especially on the bike path that are devoid of PEDS and squirrels)
Hard to calculate Ebike cost as it becomes a hobby,
as you run into battery and controller issues, then you want the latest ,fastest, lightest Batts, I spent more than original cost on my Ebike perhaps even $600 - 700 a year in upgrades etc. But the motor and wheel and are still the same over last 5 years. Here is original cost
Used BIKE $150 , BRAKE pads 20$, MOTOR KIT aprox 400 FROM ( 5 YEARS AGO) Wheel, spokes, tire = 150? LATEST BATTERY PING Ã¢â‚¬â€œ 450, LIGHTS 25$ ebike $ 1195. - ( divided by 5 years, add 50 electricity and $600 for maintenance upgrades batts ) 889 per year = 1778 for two years . I think that is a fair estimate.