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How much can you save by cycling

July 31, 2011

According to data published by the RACV, if you buy a new medium-sized car, and you do around 15,000km a year in it, the annual cost is about $10,660 a year, when you factor in things like petrol, servicing, insurance, interest payments, maintenance, registration, tax and lost resale value (depreciation). A large SUV comes in at an eye-watering $19,240 a year.


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