With the price of petrol becoming a real issue, more people are looking for cheaper alternatives. This is a rough estimate at the cost of my cycling.
I bought my commuting bike a trek 1000 for £300. This was 4 years ago. In the past 4 years, I have spent about £180 in repairs. This is mainly for new cassettes, new chains, new tyres, lights, batteries, new inner tubes, new brake blocks and new bar tape. I can do most repairs myself, but, haven’t included cost of buying tools I use for other bikes.
Total Cost of Bike in 4 years – £480.
(This doesn’t increase the cost of extra food I eat because I am more physically active)
During those 4 years I cycle roughly 40 miles a week. That’s 2,000 miles a year. 8,000 miles in the past 4 years. That is roughly 6p per mile. Or 30p per 5 mile daily commute.
Of course, If I keep the bike for another 5 years, (which I probably will), the average cost will fall even lower.
My Road Bike.
My road bike is more expensive but has done a lot more miles.
The cost was £1,100, with approximately £500 repairs. The more expensive the bike is, the more expensive the repairs are. However, I minimise costs by replacing Dura Ace cassettes with Ultegra.
In the past 4 years I have averaged 5,000 miles a year or 20,000 miles.
That’s a cost of £1,600 divided by 20,000. That’s 8p per mile or £4 per a typical 50 mile training ride.
Time Trial Bike
My time trial bike is not the state of the art carbon fibre piece. But, a Steel frame with Shimano Dura Ace.
The cost of this bike was
- Wheels £1,000
- pedals £180
- Tri bars £300
- repairs £100
Total cost £2,600
In the past 4 years, the bike has done 1,400 miles. Which is £1.86 per mile.
The most expensive component I ever bought per mile was a set of ultra light track tubs. I only used them twice on 2 hill climbs. Total distance 2 miles. Cost £36. Since then I have thought the risk of puncture outweighed the benefit of lower weight and have never reused them.
I would like to get a new time trial bike, I have even toyed with the idea of a fixed gear bike, just to do hill climbs – that would have the highest average cost per mile.
The Bikes used by the GB team are said to cost £15,000. They will have a pretty expensive price per mile.
Anyone do any better?