So when do I start saving money ?

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tyred

Squire
Location
Ireland
Probably never;)

You'll always think of something else you'd like:laugh:
 

redjedi

Über Member
Location
Brentford
And when you've got lots of accessories the money will then go towards a new bike.

Cycling does not save you money, but it's better than paying for petrol or public transport
 

I am Spartacus

Über Member
Location
N Staffs
mr_cellophane said:
How long do I have to commute before I stop saying "thats £40 saved I can buy a top/shoes/etc" ? ;)

if you have a car -- you will start to save when when you sell it.

if you don't have a car -- then you weigh up the cost benefit to you of getting further quicker as compared to walking it.
 

Goffins

New Member
Location
West Sussex
I know for a fact I've saved £200 this month alone in that I've cancelled my motor insurance and I've bought no petrol and no extra's for the bike.

Give me a few months and I'll have enough to buy a Motorbike that I shall only ride when it's lovely and sunny.
 

Jake

New Member
well if tube is £120 a month then pretty quickly. A year of buying monthly travel cards and the bike would be paid for.
 

515mm

Well-Known Member
Location
Carmarthenshire
Hmmmm....

tricky one this. I suppose it must depend on how much transport to work used to cost you before started cycling in. It used to cost me £70 a month - about the cost of my cyclescheme bike. Saving a little bit now that the bike is paid for. The health benefits massively outweigh any extra costs like new chains/tyres/shoes/jackets:blush:. I've also saved £50 a month in gym membership AND achieved the results I was looking for.
 

fossyant

Ride It Like You Stole It!
Location
South Manchester
Yes you save, but you'll spend it on new kit/tools/bits etc....far nicer way of spending money.

My cycle scheme voucher arrived this morning....whooo, bike's been on order for a few weeks - about two to go....and I've just ordered a New York F*** Off mini shackle lock for the new velo....didn't really need one....but...you know.....new bits.....
 

nigelnorris

Well-Known Member
Location
Birmingham
I bought a cheap as chips Halfords hybrid bike - THE best £100 I've ever spent, because it's been reliable and got me into all this.

4000 miles not done in my car saved me about £300 devaluation costs in the last year
£25 per month petrol saved is another £300
Deferred servicing must be at least £50
Parking maybe another £50
That's at least [and realistically] £700 saved this year

I'm buying a Trek 1.5 next week, £700 cut to £350 via Cycle2Work so I've got a lovely new bike and I'm still I'm £250 in credit - and I'll have a new bike and my old spare.

Even allowing for another couple of hundred quid on luxuries that I've not thought of yet [I bought helmet,waterproofs, lock, carrier etc] that puts me at LEAST £50 in front this year.

Next year it's all paid for in advance, so I start at £800 profit. Potential savings over the next two or three years alone is in the thousands. Cycle commuting has brought me a major pay rise ;)

Not to mention the health benefits which it's hard to put a value on. In fact to call a spade a spade, my health is worth more than all the money you can offer. So in the end, the value of that crap steel Halfords hybrid - priceless. I'll probably never let it die, even if it end up costing me a fortune.
 

c2c

redredrobin
Location
east bristol
mr_cellophane said:
How long do I have to commute before I stop saying "thats £40 saved I can buy a top/shoes/etc" ? ;)


its not so much what you will save through cycling, its what you will add.!! ie years on your life, healthy retirement years.......... thats what cycling does, adds years, prob does not save money...??
 
Ha ha ha hee hee hee haa ha haa, hee hee ho, ho ho, he he ha ha haa, save money indeed, ha ha hee hee hee haa ha haa, hee hee ho, ho ho, he he ha ha haa:biggrin:
 

rog

New Member
Location
London
magnatom said:
Ha ha ha hee hee hee haa ha haa, hee hee ho, ho ho, he he ha ha haa, save money indeed, ha ha hee hee hee haa ha haa, hee hee ho, ho ho, he he ha ha haa:biggrin:

shhhhhh....my wife will hear :biggrin:
 
magnatom said:
Ha ha ha hee hee hee haa ha haa, hee hee ho, ho ho, he he ha ha haa, save money indeed, ha ha hee hee hee haa ha haa, hee hee ho, ho ho, he he ha ha haa:biggrin:
I save a lot of money commuting, then I spend it ;)
Lets see based on single bus tickets that's 16x£12=£192 quid saved.
That justifies :wacko: the new chains, energy drink and new tyres I bought lately, the bike oil, new bottom bracket, wheel repair and probably something else that I've forgotten.
 

monnet

Guru
Sometimes I think I should get a car and start smoking just so I can give them up a couple of months down the line to experience the 'saving'.

I've given up working out 'savings' - mainly as there aren't any real savings in cycling for me. I cycle to work and ride with a club, have 3 bikes, all the clothing and tools that I need (but not that I want). I justify it all to myself on the grounds that it is my means of transport, fitness and hobby. How many people can say 'I love going to and from work'? Very few people go to the gym because they 'enjoy' it. So cycling's practical, good for me and I really love it. You can't put a price on that.
 

Breedon

Legendary Member
Well i havent started saving yet as im not yet commuting to work but will be in about 2 weeks.

When i use my van i get 35p a mile one way and after the first 9 miles so by biking i could be saving up too £50 a week on fuel plus taking all most £100 a month on travel money.
i was hoping to do the C2W scheme but i worked out that i will be worse off.
 
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