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Travelling the city is more expensive than ever before. The rising cost of fuel and public transport, let alone the environmental cost of fuel-powered vehicles, make it increasingly difficult to use these travel options.
Add to that the issues of overcrowding and late-running buses, trains and trams; and moreover potential parking fines and congestion charges.
With X-byke, you can freely travel the city in a seriously cost effective way. Our research shows that on average, it costs only 1.5pence per mile to travel.
Moreover, X-byke qualifies for the government's 'Cycle-to-Work' schemes, meaning that you will be allowed to purchase the bike and offset the cost against your income tax, making a saving of between 20-50% dependent on your tax code.
Your employer would then make a saving of around 12% of the National Insurance they would usually have to pay.
Have a look at how this compares with other methods of transport. For the purpose of this comparison, we have taken a commutable travel distance of 5 miles (that's like travelling from Waterloo to Canary Wharf in London during Congestion Charging hours).
| Vehicle Type | Average journey | Cost / mile |
|---|---|---|
| X-byke | £0.08 | £0.015 |
| Electric Car (G-Wizz) | £0.55 | £0.11 | Bus (Oyster) | £0.90 | £0.18 |
| Bus (Cash) | £2.00 | £0.40 |
| London Underground (Oyster) | £2.00 | £0.40 |
| London Underground (Cash) | £4.00 | £0.80 |
| Small Car (Nissan Micra) | £0.58 fuel + £8 C Charge | £1.71 |
| Medium Family Car (Renault Megane) | £0.66 fuel + £8 C Charge | £1.73 |
| SUV (Land Rover Discovery) | £1.44 fuel + £8 C Charge | £1.89 |
| Performance (BMW Z8) | £1.50 fuel + £8 C Charge | £1.90 |
| Information provided by whatgreencar.com | ||
Powabyke Limited
5 Piccadilly House
London Road
Bath
Bath and NE Somerset
BA1 6PL
England
+44 (0) 1225 44 37 37