Tag Archives: money

News Flash! Cars are expensive

This just in: driving a car costs a whole bunch of money. Crazy as it may sound to all eight of our car-loving readers, puttin’ the pedal to the metal isn’t quite as cost effective as actually pedaling.

This according the American Public Transportation Association’s Transit Savings Report. They looked at what a car costs  to own and run (the whole deal from buying it, maintaining it, parking, registration, insurance and more) and then compared that with what transit use would cost the same family.

The PI says in Seattle such a comparison nets a$10,483 savings for those chucking their car keys. And that’s for transit use. A bicycle switchover would probably fare even better. Pretty impressive.

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