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So now, years later I suspect that I'm again saving money by commuting 25 or so miles on my bike. I figure that it costs about $60 to fill an average car, say a Honda Accord. 18mpg/50 miles a day= 2.7 gals a day, 16 gals a week on a 6 day work week. That's more than $60 bucks/one tank...that's $64 per week or $256 a month.
My bike payment is $167. It costs about $25 bucks to fill for the week. That's Total gas savings per month based on this very crude analysis= $156 dollars a month in gas saved.
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18mpg in an accord? 800cc injectors in that puppy or did you permanently duct tape the skinny pedal to the floor? 50mpg from the 1,000cc's of pure love? Maybe I should have manned up instead of buying a 600..
Financially speaking, owning a bike as a second vehicle costs me money and doesn't save me anything.
I save about $6 a day in gas when comparing the 07 zx6r to my 03 Evolution (43 mpg verses 19 mpg on a 54 mile commute).
So if I ride 5 days a week every week I'm looking at about $120 saved in gas per month. Subtract from that monthly insurance, annual registration costs, annual inspection, monthly maintenance, gear, and ammortize the cost of the bike ($8,200) over three years at 0% interest (paid cash) I'm looking at a pretty serious amount of time before I'm in the black.
I'll agree with Jaynnus though, "money is meaningless when you compare it to peace of mind."
Fitz