Fuel and vehicle maintenance costs rise annually. This can put stress on an employee as budgets become strained. One way for them to help manage their budget and help their vehicle to perform for a longer period of time is to carpool. This is also a time for passengers to relax before work and work together to help the environment. As the cost of living steadily increases, employees save by carpooling to continually make ends meet in regards to personal expenses.
Reduced Fuel Expenses
The average mid-size vehicle uses roughly $40 – $50 per week in fuel. This averages to $180 per month. Most of this fuel is consumed to commute to and from work. With a carpool situation, drivers save hundreds of dollars per year on fuel expenses. For example, if five people are in your carpool group, each person would drive one day per week. This cuts your fuel cost down significantly depending on how much driving you do during your off time. Consider the fact that you can cut your fuel budget per month in half, literally, as the major perk of being in a carpool situation.
Less Vehicle Maintenance
When you figure in all of the vehicle maintenance that a car needs in a year, it adds up to hundreds, if not thousands of dollars. The average oil change is in the $30 range. Newer vehicles should only need two per year, but older vehicles require them every 3,000 – 5,000 miles.
Other general maintenance procedures for vehicles:
- Tune ups
- Tire rotations
- New tires
- Fluid refilling
All of these items add up over time. A set of tires can cost over $1,000 alone. By carpooling, you are significantly reducing the amount of maintenance that your vehicle needs. It is absolutely feasible to not need a tune-up or tire rotation for an entire year by carpooling. Tires can last two to three times as long and brakes suffer less wear and tear.
Shared Fuel Expenses
Many co-workers pitch in $5 per person to each driver for a carpool situation. Again, this reduces your personal fuel expense a bit. It also helps those in the carpool. In some cases, fuel expenses for carpooling can be written off on taxes as it is considered to be a business expense. You would need to collect receipts from each driver for the amount pitched in. Saving on fuel costs as a group is economical and helps personal budgets to stretch a bit further.
The idea of a carpool is to group employees together that live within a specific radius or on the traveled route together. Co-workers can arrange these situations privately or there can be an after work meeting between all employees to structure carpooling groups. If this is not an option, there are several online forums that you can seek assistance in to find a carpool that will work for the area where your job is located. The benefit of a less stressful commute by allowing someone else to drive is hard to pass up.