Dollars and Cents
The American Automobile Association (AAA) calculates that operating your own car costs approximately .59 cents/mile. If you drive your car to work alone five days per week, 40 miles one way, it will cost you approximately $944 per month. By contrast, vanpool fees are significantly less, maintenance is included, and the cost of gas is shared among participants.
The Southeast Michigan Council of Governments (SEMCOG) recently (2011) released figures that the average rideshare participant in southeast Michigan saves $3,000 annually.
The Commuter Choice Provision of the federal IRS tax code allows commuters to deduct up to $120.00/month, pre-tax, from your paycheck to pay for your vanpool costs. This translates into even more savings! Ask your employer about making deductions.