Savings Calculator
Riding the bus or joining a vanpool can save you a lot of money each year. If you’re tired of spending so much on gas, maintenance, and car payments, it's time to see how much you could save. Our Savings Calculator makes it easy. Just enter your details, and we’ll show you how much commuting by bus or vanpool can save you compared to driving your car. Plus, you'll see how much you can reduce your carbon footprint!
Frequently Asked Questions
1. What if we have two cars but only one is used for commuting?
If one person uses the car for work and the other needs it for family activities, the calculator can help show how much you could save if the commuter switches to public transportation. This could mean less wear and tear on the second car and possibly cutting down to one car.
2. What about yearly car costs?
We include your insurance, car payments, and car value. For car value loss (depreciation), we estimate it at 15% of your car's value. We also add average costs for car registration and fees.
3. How does carpooling compare to vanpooling?
While carpooling can save money by sharing a ride with others, vanpooling with Commute with Enterprise can offer more savings by spreading the cost among more people. The calculator can help you compare these options to find the best fit for you.
4. What about reducing carbon emissions?
The calculator estimates how much you can cut down on carbon emissions by using public transportation. It uses EPA's data that 8,887 grams of CO2 are released per gallon of gas and converts this into pounds for easy understanding.
5. How does the calculator figure out yearly driving costs?
We take your daily round-trip miles and multiply them by 250 days (since you work 5 days a week for 50 weeks). Then, we use your car's miles per gallon (MPG) and the current gas prices to find out how much you spend on fuel each year.
6. How do you figure out the cost of maintenance and tires?
The calculator uses average costs for car maintenance and tires, based on your car's size. We multiply these costs by your yearly miles to estimate how much you spend on maintenance and tires each year.
7. How do you calculate the cost of taking the bus?
We take the price of a monthly bus pass and multiply it by 12 to find out how much you'll spend on bus rides each year.
8. How do you figure out vanpool costs?
For vanpooling, we calculate how much gas is used each year by dividing your yearly miles by 16.75 MPG (the average for vans). We multiply this by the gas price and add the yearly cost to lease a van with Commute with Enterprise. Then, we divide this total by 11 (average number of people in a vanpool) to find the cost per person.
9. Does using the bus or vanpool make sense if we still need one car for the family?
Yes, using public transportation for commuting can save you money on gas, maintenance, and insurance, even if you need one car for errands and family activities. The calculator helps you see how much you can save by using the bus or vanpool for work.
