Top cycling tips
As petrol prices hit record highs, swapping four wheels for two could save cash strapped Brits money.
According to the cycling experts at BobbinBikes, who say using your bike to get around rather than the car, could make a difference to the amount of cash you have left at the end of the month.
Commuter, Office Worker, Transport, City
Not only do cyclists save money on fuel, but there are also savings on maintenance, tax, insurance and parking.
And it’s not just your wallet that will benefit. Cycling is better for overall health and wellbeing and better for the planet.
A spokesperson for BobbinBikes - www.bobbinbikes.com - said: “We’ve all known the benefits of cycling for years from a health and environmental perspective, but when you look at it in terms of cold hard cash, there are benefits to be had from using two wheels rather than four.
“We’re not unrealistic - there are times when only a car will do, but for short trips to work, to pop to the shops, to visit friends and for leisure, then using a bike is the way forward.
“If you ditched the car completely, then there are massive savings on all those essential payments like road tax, MOTs and services and insurance.”
Here’s BobbinBikes guide on how cycling can save Brits cash:
Cycle to work scheme
If your employer offers a Cycle to Work scheme, make the most of it. This tax-free benefit helps spread the cost of buying a bike and safety equipment.
Maintaining your bike is something you can do yourself rather than shell out to have it done for you. Regular checks will keep your bike in top condition but if there’s anything that you can’t fix yourself, get it checked over.
The cost of petrol has gone through the roof over recent years. Swapping to two wheels will mean this cost will disappear. Figures show that in 2020 Brits were spending around £22.30 a week on fuel.
Road tax can cost a motorist hundreds of pounds a year depending on its fuel type and emissions. Think of the savings you can make.
Annual car insurance takes up a considerable chunk of cash. According to figures from Statista, in 2020, young drivers (20 years old) should expect to pay over £800 a year. The cheapest bracket was for those at 65 years old at £491 annually. Ensuring your bike is a fraction of the cost, you’ll be looking at anything from £34 to £139.
If you have a bike, you’ll never need to pay to park again! Take a sturdy lock with you and familiarise yourself with safe places to leave your bike.
Health and wellbeing
Cycling is an excellent form of exercise, and it raises your heart rate and gets the blood pumping around your body, burning calories. So ditch your gym membership and get on your bike instead.