Confidential. Property of vRide, Inc. Not to be disclosed without vRide’s prior written consent. Dollars and Sense, or…
Confidential. Property of vRide, Inc. Not to be disclosed without vRide’s prior written consent. The Hidden (and Not-So-Hidden) Costs of Single Occupancy Commuting
Confidential. Property of vRide, Inc. Not to be disclosed without vRide’s prior written consent. 3 Indirect costs = 39 cents per mile Direct costs = 96 cents per mile Cost per Mile – SOV Total = $1.35 per mile
Confidential. Property of vRide, Inc. Not to be disclosed without vRide’s prior written consent. 4 At $1.35 per mile, that’s $67.50 per day 25 miles each way = 50 miles per day, round trip Cost per Commuter – SOV That’s $ per week, assuming a 5-day week Mucho dinero That’s $16,875 per year, assuming a 50-week year
Confidential. Property of vRide, Inc. Not to be disclosed without vRide’s prior written consent metric tons of CO 2 per vehicle/year Environmental Impact One vanpool can save metric tons of CO 2 per year!
Confidential. Property of vRide, Inc. Not to be disclosed without vRide’s prior written consent. 6 Vanpooling Average Cost per Year $2,100
Confidential. Property of vRide, Inc. Not to be disclosed without vRide’s prior written consent. 7 Annual Personal Commute Cost Savings* Example Quote 1 – Full Capacity participants incur no out-of-pocket costs Fuel Savings=$ Vehicle wear & tear=$ Insurance=$ Reduced depreciation=$ Total=$ *Source: American Automobile Association – Annual Cost of Driving Survey 2015 – Small Sedan. Owners of larger vehicles/trucks realize greater annual savings.
Confidential. Property of vRide, Inc. Not to be disclosed without vRide’s prior written consent. Ridesharing Subsidies Available at local, state or federal level Amounts may vary Commuter Choice benefit WageWorks Federal Commute To Work benefit 8