Own vs. Rideshare
See how much you could save by going car-free with rideshare, transit, bikes, and delivery.
Lowest Cost Strategy
Rideshare & Transit
$22,933 estimated savings over 5 yrsCar Ownership Cost
$69,722
$1,071 first-year monthly cashRideshare & Transit Cost
$46,789
$725 first-year monthly mixNet Worth Advantage
$22,933
Rideshare & Transit after 5 yrsInputs
Estimate the car costs you avoid and the mobility costs you would still pay.
Years
Car Costs You Avoid
$
$
$
$
$
$
$
Alternative Transit & Mobility Mix
$
Uber / Lyft trips per week.
$
$
$
$
Road trips / hiking.
$
$
Timeline & Opportunity Cost
%
Comparison Summary
Compared over 5 years (Future dollars).
| Strategy | Net Cost | Upfront Cash | 1st-Yr Monthly Cash | Total Cash Outflow | Opportunity Cost |
|---|---|---|---|---|---|
| Car Ownership | $69,722 | $1,500 | $1,071 | $69,722 | $0 |
| Rideshare & Transit Mix | $46,789 | $600 | $725 | $46,789 | $0 |
Cumulative Cost & Rideshare Advantage
Yearly cumulative cash paid and car-free advantage over 5 years.
Alternative Mobility Spending Breakdown
Annual cost distribution of the Rideshare, Transit, Bike/Scooter, Delivery, and Rental Car mix.
Cost Breakdown
Car Ownership Total$69,722
Car Upfront Costs$1,500
Car First-Year Annual$12,850
Rideshare Annual Cost (Yr 1)$5,720
Public Transit Annual (Yr 1)$1,200
Bike / Scooter Annual (Yr 1)$180
Delivery Markups Annual (Yr 1)$600
Car Rental Annual (Yr 1)$1,000
Alternative Total Cash Paid$46,789
Break-even Rideshare Budget9 rides/wk or $904/mo