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@Courant
The argument still holds. Take journeys around, say, the N Circular. It's quite easy to have a commute of ~15miles each way (Enfield-Ealing, for argument's sake) which will take you around 45mins door-to-door, compared to a much longer tube journey in and out of central london. Cost would be £7.50 (25p a mile). OK, maybe a bit more because you'll be stuck in traffic. This compares very favourably to a tube ticket, especially if there are two of you. If you're in a client-facing job, cycling may well not be an option for that journey. Using a car is not an unsensible option (from an individual perspective) in this instance.
Courant