Bloody hell - just added up bike costs for last year...

Jay dubbleU

New bike - £769.00 - offset £500 by sale of C de F

Rack and guards for above £52.00

Sportive entry - total £ 48.00

So £369.00 outlay for the year - not too bad since I cycle in every day - just over a pound a day

spasypaddy

i dread to think. within the last 2 months...
£250 at wiggle
£400 new CX bike
£75 northwave winter boots
£15 some SPDs
£25 new base layer
£80 new backpack

and i get trade discount...

dhope

Suffice to say any money saved on train fares has been spent a number of times over.
Still, this last 6 months was getting the gear, next year will be cheaper, until I start replacing Decathlon with DHB and DHB with Castelli. But I want a CX bike, so there's a grand already gone. And I'll probably want new toys when I start training for the Tri - gotta treat myself right?

But yeah, next year will be cheaper.

Ah shit, it's not gonna be cheaper is it...

cjcp

No money is ever saved. Funds are merely diverted.

scottgeniusltd2005

christ where do i start?

1200 new cx bike
500 ish for a schlumpf speed drive for the brommie
120 goretex pro shell pants
360 goretex pro shell jacket
40 goretex pro shell over mitts
160 new winter boots
290 dynamo set up on brommie
140 chrome messenger bag
250 new bars and stem and brake levers for the brommie
100 for a few merino tops
100 ish on maintenance things like chains n brake blocks......

and that's off the top of my head!!

however, the aa website quotes the minimum of 4,500 for running a car on 10k miles per year, so i'm still quids in. i've done about 8 1/2 miles this year commuting alone.

spen666

W1 wrote:

£491! I thought I was saving money. That's 18p a mile or £3.60 a day. And that doesn't include the bike.

Now a lot of that is kit which won't need replacing next year, and a fair bit is substantial maintenance which also won't be needed next year (I hope!) but it's put a stop to my plan to go clipless for a while.

At least I get a seat I suppose....

Yeah, but no, but yeah but no....

you need to account for the cost over the whole lifetime of the items spent rathaer than just in the year of purchase. Then you can calculate accurately the cost per mile

W1

spen666 wrote:

W1 wrote:

£491! I thought I was saving money. That's 18p a mile or £3.60 a day. And that doesn't include the bike.

Now a lot of that is kit which won't need replacing next year, and a fair bit is substantial maintenance which also won't be needed next year (I hope!) but it's put a stop to my plan to go clipless for a while.

At least I get a seat I suppose....

Yeah, but no, but yeah but no....

you need to account for the cost over the whole lifetime of the items spent rathaer than just in the year of purchase. Then you can calculate accurately the cost per mile

As I'm not an accountant I prefer to keep it simple - miles per year compared to spend during that year. I don't want to have to work out a cost per miler per year per part.....

Jay dubbleU

And then there's depreciation of course :shock:

dhope

Jay dubbleU wrote:

And then there's depreciation of course :shock:

Dunno, I appreciated cycling a lot more than PT :roll:

jeremyrundle

So have I, a free new bike worth £1,500 paid for with the money I have saved not spending £30 a week on diesel, and the fact that I have not done 12k in the car this year, just 3k.

noisemonkey

Something in the region of £650 I think but that includes:

Btwin sport 3
look keo carbon pedals
spd shoes with cleats
overshoes
merino baselayers
Altura Nightvision trousers
Oval r900 handlebars
cateye lights
heattech baselayer
jersey
2 99p shorts off ebay
baggies
FSA SLK carbon seatpost
Selle SMP saddle
Continental GP4000s tyres
dhb gloves
cheapey speedo off ebay.

SmellTheGlove

Crapaud wrote:

W1 wrote:

£491! ...

Look at it this way, you just might get third party car insurance for that!

Too right crapaud. Have this very day cancelled insurance renewal for something like that amount after waving bye-bye to the car just before Christmas. With impeccable timing the BSO commuter was then nicked; boy was the joke on that chav numpty.

So the Vulcan then got me through the snow like a trouper - best £150 I ever spent on a second-hander. That plus some odds and ends probably brings this year's tally to about £300. Another second-hand Allez or similar now beckons but that's still only about half the insurance renewal, never mind the initial outlay. Meantime, Streetcar is my friend if I need to keep the rain off.

All in next year I reckon about £400 which doesn't seem too bad, said quickly.

jonginge

*buries head in sand*Don't want to think about it...

spen666

W1 wrote:

spen666 wrote:

W1 wrote:

£491! I thought I was saving money. That's 18p a mile or £3.60 a day. And that doesn't include the bike.

Now a lot of that is kit which won't need replacing next year, and a fair bit is substantial maintenance which also won't be needed next year (I hope!) but it's put a stop to my plan to go clipless for a while.

At least I get a seat I suppose....

Yeah, but no, but yeah but no....

you need to account for the cost over the whole lifetime of the items spent rathaer than just in the year of purchase. Then you can calculate accurately the cost per mile

As I'm not an accountant I prefer to keep it simple - miles per year compared to spend during that year. I don't want to have to work out a cost per miler per year per part.....

The figure you quote is completely false as it is not a "cost per mile" as you quote. If you buy a new frame for say £1000 on 31st December and ride one mile that day, the cost per mile according to you would be £1000. Whereas the frame may last you 20 years and be ridden for 100,000 miles, thus the real cost of the frame is £0.01 per mile.

Your calculation will always produce artificially high figures as it is not a true cost per mile figure

spen666

Jay dubbleU wrote:

And then there's depreciation of course :shock:

W1 is allowing for 100% depreciation in the year of purchase

jimmypippa

My new bike is costing me £30 per month this year on the CTW scheme.

I don't need a second car, and I save £30 per week on the cheapest version of PT.

Next year I'll just have the cost of maintenance.

Or possibly N+1...

cyberknight

When your other half moans about how much you spend on bike stuff just tell them thats you save £xxxx a year in car fuel etc.

Now that i will be into my 3rd year of commuting i will not be getting any more bikes ( i will not get more than 2 bikes past the wife ) i reckon after spending money on spares and clothing i will save £700 a year !
The car only gets used by the wife to get around , what with a 3 year old in tow and she will never get on a bike no matter how much i have tried to get her interest, the car has done maybe 4000 miles this year including holiday travel.

UndercoverElephant

Hmmm, well, not quite so cheap a date this year.

In the minus column, there's the two new bikes, the Orbea and the Genesis, which come in together at about £750, the tarty Pro-lite wheels for the BeOne, about another £180, plus a full commuting wardrobe, I'm reckoning another £250? Plus all the many, many incidentals which must be another £300 at least.

In the plus column, I sold my car in May and have commuted solidly since. That saves me £250 in insurance, £200 in tax, about £400 in yearly maintenance, about £1000 in depreciation and about £2000 in diesel.

Look at that, I'm almost ahead. :twisted:

W1

spen666 wrote:

W1 wrote:

spen666 wrote:

W1 wrote:

£491! I thought I was saving money. That's 18p a mile or £3.60 a day. And that doesn't include the bike.

Now a lot of that is kit which won't need replacing next year, and a fair bit is substantial maintenance which also won't be needed next year (I hope!) but it's put a stop to my plan to go clipless for a while.

At least I get a seat I suppose....

Yeah, but no, but yeah but no....

you need to account for the cost over the whole lifetime of the items spent rathaer than just in the year of purchase. Then you can calculate accurately the cost per mile

As I'm not an accountant I prefer to keep it simple - miles per year compared to spend during that year. I don't want to have to work out a cost per miler per year per part.....

The figure you quote is completely false as it is not a "cost per mile" as you quote. If you buy a new frame for say £1000 on 31st December and ride one mile that day, the cost per mile according to you would be £1000. Whereas the frame may last you 20 years and be ridden for 100,000 miles, thus the real cost of the frame is £0.01 per mile.

Your calculation will always produce artificially high figures as it is not a true cost per mile figure

Yes, I know.

If it keeps you happy when I die I'll make sure my executors sell my cycling kit and then work out the depreciation, accounting for inflation too.

Alternatively I'll just see what I spend per year and see how many miles I do in that year and, if it's all the same to you, give not a jot to the accounting accuracy.

Better?

spen666

W1 wrote:

...
Yes, I know.

If it keeps you happy when I die I'll make sure my executors sell my cycling kit and then work out the depreciation, accounting for inflation too.

Alternatively I'll just see what I spend per year and see how many miles I do in that year and, if it's all the same to you, give not a jot to the accounting accuracy.

Better?

You are purporting to tell everyone how much cycling costs per mile but are quoting figures which are anything but that.

What you spent in a year is a clear figure. That divided by the miles you ride in one year is not the cost per mile. It creates a figure that shows cycling is FAR more expensive than it is. What you spend per year and how many miles you ride in a year is a factual figure. dividing one by the other is not the cost per mile

This makes cycling seem less attractive. Its a similar principle in the opposite direction that says the cost of motoring is fuel used divided by miles travelled and ignores depreciation. If you bought a £25000 car today & drove 10 miles back from garage, you would not be telling people it costs you £2500 per mile to use your car. Well, you might, but no one with any sense of cost would believe it was accurate

tailwindhome

<moment of clarity>

so that's why people get that look on their faces when I say I'm an accountant

EKE_38BPM

And I thought I could be pedantic.

getonyourbike

Well its mountain biking but I'll be commuting on it soon so it can go in here.

Bike £370 used (new £600)
Other stuff £270

But the amount i saved is £230 so in my head its £410 but I still haven't bought a set of slicks yet. Hopefully my parents will chip in for those as it would be £80 for a terms bus pass and the slicks will last at least a year.

Libraio

2280 euro's... But that got me two bikes and a load of usefull stuf. I also spent 2000 euro's on a new (to me) car that I only drive once a week.

mybreakfastconsisted

£50 on lights, £120 on services, £30 on a jacket and a score or so on inner tubes. The alternative to cycling would be two buses, £1.10 and £2.20 each way so £33 a week. The bike pays for itself every month, roughly speaking.

jeremyrundle

mybreakfastconsisted wrote:

£50 on lights, £120 on services, £30 on a jacket and a score or so on inner tubes. The alternative to cycling would be two buses, £1.10 and £2.20 each way so £33 a week. The bike pays for itself every month, roughly speaking.

How about doing your own service and save even more

mybreakfastconsisted

jeremyrundle wrote:

mybreakfastconsisted wrote:

£50 on lights, £120 on services, £30 on a jacket and a score or so on inner tubes. The alternative to cycling would be two buses, £1.10 and £2.20 each way so £33 a week. The bike pays for itself every month, roughly speaking.

How about doing your own service and save even more

Can't be arsed. Haven't the patience. Pay the little Halfords grease monkeys to do it.

legin

dont do what i did i counted how many bikes ive owned since i started riding about 15 years ago it was 17 at last count.add up the money spent on parts and its well frightening

geoff93

£1100 on new bike, and then atleast another grand on bits and bobs last year . Heres hoping this year I'm more tame with my wallet!

dilemna

This year I have not spent anything on bikes or bike related things; zero, nothing, zilch. So far the New Year's resolution is holding strong.