”The benefits of a ‘car-less’ household are myriad, but few are as quantifiable as the $ people sink into a depreciating asset that sits unused 95% of the time. I haven’t had to think about the many costs of car ownership for many years, which is incredibly liberating.” https://dailyhive.com/vancouver/biking-saves-money
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The distances aren't always huge, but the built environment is inhospitable.
I calculated by avoiding the cost of car ownership, PT season tickets, etc, over the years I saved around £37,000.