Save Money On Your Commute
Vanpooling cuts commuting costs by 50-75 percent
Say goodbye to added fuel, maintenance, insurance costs, and vehicle depreciation associated with your daily commute. Vanpooling will save you money on these common commuting costs. Based on the average commute of 50 miles round trip per day, driving alone will cost nearly $800* per month and almost $10,000* per year.
Fuel costs while driving alone are usually more expensive than the total monthly cost of a riding in a vanpool. With gas prices nearing $4.00 per gallon, this can cost you $200* per month.
Taking your car to and from work every day increases the frequency of needing scheduled maintenance (e.g. brakes, oil change, etc.) as well as the increased likelihood of unscheduled repairs.
Almost all major auto insurance companies offer significant discounts (10% to 30%) to drivers who designate their vehicle as "recreational only," which means you use it for everything but driving to work. Plus, some major insurance companies now offer pay as you drive insurance, further incentivizing low-mileage drivers.
Depreciation is typically the most dramatic commuting cost and the most difficult to recognize. Commuting adds the most significant miles during your car’s life and lowers resale value by thousands of dollars when you decide to sell.
Vanpooling is also tax-friendly
You may also be eligible to receive a tax break if your employer offers a pre-tax payroll deduction for mass transit. Check with your employer to see if they currently participate in this pre-tax benefit (IRS Tax Code 132(f)).
Ready to get started? Start vanpooling today, and be on your way to a smarter, better way to get to work.
*Based on AAA average commuting figures. Costs may vary by location.