How a San Francisco woman saved over $50,000 by swapping her car for an electric bike

FlatSix911

Well-Known Member
Region
USA
City
Silicon Valley
Nice to see more regular folks and families use Ebikes for transportation... the typical American could save over $7,500 annually by ditching the car. ;)
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A San Francisco woman has learned firsthand that electric bicycles aren’t just for recreation; they also make efficient and cost-effective alternatives to typical transportation like personal cars. That’s exactly what Maureen Persico has discovered after she made the switch, though e-biking wasn’t part of her original plan. In 2014, her car was totaled when she was hit by an uninsured driver. Her insurance wasn’t enough to cover the cost of a replacement car, so she had the idea to try switching to an electric bicycle instead.

She had already been increasingly involved in cycling, having taken it up after her pregnancy as a way to get back into shape as well as reduce her own impact on the environment by leaving her car in the garage more often. But now that her family was without a car, she and her husband decided to see how long they could go without it. Maureen used the insurance money from the accident to purchase an electric bicycle. That was seven years ago, and they have yet to get another car.

Maureen estimates that she’s saved over $50,000 in the last seven years by not owning a car. That matches with AAA’s data that suggests car ownership in the US costs around $700 per month on average. Maureen explained to SFGate’s Tess McLean that she still occasionally rents a car when they need one for road trips or other occasional tasks that can’t be performed on the electric bicycle. But these days, there are so many different types of electric bicycles, including electric cargo bikes that can carry several passengers or hundreds of pounds of cargo, that more and more people are going totally car-less in favor of e-bikes.
 
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Art Deco

Well-Known Member
Region
USA
City
Selinsgrove Pennsylvania
Nice to see more regular folks and families use Ebikes for transportation... the typical American could save over $7,500 annually by ditching the car. ;)
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A San Francisco woman has learned firsthand that electric bicycles aren’t just for recreation; they also make efficient and cost-effective alternatives to typical transportation like personal cars. That’s exactly what Maureen Persico has discovered after she made the switch, though e-biking wasn’t part of her original plan. In 2014, her car was totaled when she was hit by an uninsured driver. Her insurance wasn’t enough to cover the cost of a replacement car, so she had the idea to try switching to an electric bicycle instead.

She had already been increasingly involved in cycling, having taken it up after her pregnancy as a way to get back into shape as well as reduce her own impact on the environment by leaving her car in the garage more often. But now that her family was without a car, she and her husband decided to see how long they could go without it. Maureen used the insurance money from the accident to purchase an electric bicycle. That was seven years ago, and they have yet to get another car.

Maureen estimates that she’s saved over $50,000 in the last seven years by not owning a car. That matches with AAA’s data that suggests car ownership in the US costs around $700 per month on average. Maureen explained to SFGate’s Tess McLean that she still occasionally rents a car when they need one for road trips or other occasional tasks that can’t be performed on the electric bicycle. But these days, there are so many different types of electric bicycles, including electric cargo bikes that can carry several passengers or hundreds of pounds of cargo, that more and more people are going totally car-less in favor of e-bikes.
Cars will become very expensive again. A century ago, cars were toys for the rich, not transportation for the masses.
 

Dallant

Well-Known Member
Cars will become very expensive again. A century ago, cars were toys for the rich, not transportation for the masses.
WILL become very expensive?😳
Interesting. If you live in a bike-friendly city area with bike-friendly weather and have a teenage boy willing to ride on the trunk bag, it’s perfect!😉
 
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RunForTheHills

Well-Known Member
Region
USA
I love bike commuting when I have a contract in a city where it is practical. I am not out to save the planet. I just enjoy it and the exercise is a great bonus as well. However, bicycles are not going to replace cars for most people. At least in the United States. Maybe we will see a lot more electric cars in the future, but they still have some problems to solve with those too, like range, fast charging, and grid capacity. I had hoped we would see flying cars by now, but no such luck.
 

Dallant

Well-Known Member
I love bike commuting when I have a contract in a city where it is practical. I am not out to save the planet. I just enjoy it and the exercise is a great bonus as well. However, bicycles are not going to replace cars for most people. At least in the United States. Maybe we will see a lot more electric cars in the future, but they still have some problems to solve with those too, like range, fast charging, and grid capacity. I had hoped we would see flying cars by now, but no such luck.
I grew up with a Jetson’s expectation of the future!
 

Art Deco

Well-Known Member
Region
USA
City
Selinsgrove Pennsylvania
For more evidence that the masses should not have flying cars ...


WTH is on her helmet, anyway?
 

Ebiker01

Well-Known Member
That's like 2 Creos, 1 Trek Rail , enough for a Stromer, 1 R&M and a 2-3weeks vacation in the Alps !
 

Comfortably Numb

Active Member
I can relate to her. I've owned a car only 3 of the last 23 years, and that was a mistake I knew the day I got it. I'll never own one again. CN
 

Art Deco

Well-Known Member
Region
USA
City
Selinsgrove Pennsylvania
Did you mean to say “ebikes will become very expensive again”?
Cars are expensive now.
Nope. EBikes may get cheaper, but new cars will become much more expensive, here in the USA, as a percentage of income.
The growth market in auto sales is in China and the east now. Those cars won't need all the safety equipment and pollution controls that are/will be required to be sold in the USA.

We already have more cars here than we need and the cars we have are very safe, very good, and very expensive compared to what the Chinese make. New American cars will be luxury goods made in small quantities for wealthy buyers.
IDK how soon, but soon.
 

Art Deco

Well-Known Member
Region
USA
City
Selinsgrove Pennsylvania
Like German cars, French wine, Russian caviar...
American pickup trucks and SUVs ?