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According to the American Automobile Association, it costs the average commuter $8095.00
a year to own a car. That includes the purchase cost of the vehicle, maintenance fees and gasoline. The Metro in Los Angeles only costs $70.00 a month or $840.00 a year to ride. That?s an annual savings of $7255.00. These figures presuppose that you will sell off your car and that you live in Los Angeles, but the point is still valid. You?ll save a significant amount anywhere you live.
The average automobile commuter pays, on average, 54 cents a mile!
AAA's average is based on a medium-sized sedan that?s driven $15,000 miles per year. These costs include, taxes, deprecation, gasoline, maintenance, tires, insurance and license but did not cover parking costs or traffic tickets. Carpooling, owning a smaller vehicle and/or a fuel-efficient vehicle and making repairs yourself are a few ways to offset this cost.
Public transportation is not only better for the pocketbook, it is also better for the environment. Fewer cars on the road leads to less pollution, less congestion and less idling. To find out how much money public transportation can save you, check out this calculator from the American Public Transportation Association.
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