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Cost of Vanpooling vs Self-Driving

Van Pool Costs (if you are a one day/week driver)

 ItemMonthly Cost (savings)Yearly Cost (savings)
CostsMonthly Subscription$200.00$2400.00
DiscountsDriver Discount (avg. 4 days/mo * 12 mos. Or 50 days/year)(40.00)(500.00)
IncentivesClean Air Cash(25.00)(300.00)
 Commuter Checks Savings (a pre-tax payroll deduction)(20.00)(240.00)
 Total$115.00$1380.00

Costs to drive & park yourself

 ItemMonthly CostYearly Cost
CostsFuel (5 gal/day @ $2.50/gal) assuming 225 work days/year$234.38$2812.50
 Toll56.25675.00
 Mileage/Insurance/Maintenance*114.941379.25
 Parking (C Permit/year)31.00375.00
 Total$436.57$5241.75

  • (using conservative estimate 50% of IRS reimbursement rate for a 92 mile/day commute)

Bottom line, you could save about $4,000 a year by joining the Berkeley Van Pool!

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Page last modified on October 06, 2016, at 12:42 PM