Your Commuting Costs By Car Vs. Train?
grepdisc writes "Newspapers in Boston are fawning over a report by the American Public Transportation Association that taking public transportation saves money over driving. How can one possibly save $12,600 per year, when the inflated estimates of 15,000 miles per year at only 23.4 miles and $2.039 per gallon costs only $1,310, and a high parking rate of $460 per month results in under $5600. Is the discrepancy made up of tolls, repairs, the cost of buying a car and ignoring train station parking fees?" Everyone's situation is different — and it's easy to have a chip on one's shoulder while estimating prices. But for those of you with the option, what kind of savings do you find (or would you expect) from taking one form of transport to work over another?
If I continue to own my car then it costs more to take public transit, but not by much. If I sell my car and take public transit I save a few grand a year, assuming I rent a car one weekend a month.
I'll say. Here in southern California, I'd have to drive my car to any form of mass transit, and I'd have to drive farther than it is to work.
And I think they're banking on things like if you are married and one of you drives and one rides the train or bus, you can cut down to one vehicle maybe:
If you can live with one less vehicle in your household, you would save an additional $5,576 in car ownership cost (full-coverage insurance, license, registration, taxes, depreciation and finance charge).
I like public transportation but in DC, the metro rail sucks. It sucks something fierce. The stops in DC are so so limited. I still end up taking taxis for most of the places I want to go ... or plan for an hour walk. I go to NYC and it's like heaven--I do not care of the condition of the train. DC rails shut down at midnight on a weeknight ... and sometimes you wait 15+ minutes for the next train. Transferring is almost out of the question. Wish it worked for me for my job but it doesn't. It barely works for me on my drinking expeditions.
My work here is dung.
I tried this while going to school. What you are missing is that $150,000 medical bill when someone plows into you and you break L1 and L2 in your back.
Paying taxes to buy civilization is like paying a hooker to buy love.