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Cost of Vanpooling vs Self-Driving
Van Pool Costs (if you are a one day/week driver)
| Item | Monthly Cost (savings) | Yearly Cost (savings) |
Costs | Monthly Subscription | $200.00 | $2400.00 |
Discounts | Driver Discount (avg. 4 days/mo * 12 mos. Or 50 days/year) | (40.00) | (500.00) |
Incentives | Clean 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
| Item | Monthly Cost | Yearly Cost |
Costs | Fuel (5 gal/day @ $2.50/gal) assuming 225 work days/year | $234.38 | $2812.50 |
| Toll | 56.25 | 675.00 |
| Mileage/Insurance/Maintenance* | 114.94 | 1379.25 |
| Parking (C Permit/year) | 31.00 | 375.00 |
| 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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