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@cliveo
Congestion charge for a year £8 x 50 x 5 = £2000
Parking in the City for a year = £2,500
Plus fuel, vehicle excise duty, insurance, servicing, depreciation.
Cost of driving to work each day over a year = considerably > £5,000.
I've now been cycling rather than driving for two years and have saved money despite two nice new bikes, acres of lycra and various other pleasant things.