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Confidential. Property of vRide, Inc. Not to be disclosed without vRide’s prior written consent. Dollars and Sense, or…

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Presentation on theme: "Confidential. Property of vRide, Inc. Not to be disclosed without vRide’s prior written consent. Dollars and Sense, or…"— Presentation transcript:

1 Confidential. Property of vRide, Inc. Not to be disclosed without vRide’s prior written consent. Dollars and Sense, or…

2 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

3 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

4 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 $337.50 per week, assuming a 5-day week Mucho dinero That’s $16,875 per year, assuming a 50-week year

5 Confidential. Property of vRide, Inc. Not to be disclosed without vRide’s prior written consent. 5 4.75 metric tons of CO 2 per vehicle/year Environmental Impact One vanpool can save 52.25 metric tons of CO 2 per year!

6 Confidential. Property of vRide, Inc. Not to be disclosed without vRide’s prior written consent. 6 Vanpooling Average Cost per Year $2,100

7 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=$963.00 Vehicle wear & tear=$840.00 Insurance=$200.00 Reduced depreciation=$1500.00 Total=$3476.00 *Source: American Automobile Association – Annual Cost of Driving Survey 2015 – Small Sedan. Owners of larger vehicles/trucks realize greater annual savings.

8 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


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