Jesse1d ago

RE: https://mastodon.social/@ptua/116308784078975067

Because fuel is one of the smaller costs of driving fuel probably needs to be $4/L before it makes sense for people to switch to PT based on fuel costs alone.

This will be a good test case to see how much of how little free public transport in Melbourne will increase ridership.

PT was already cheaper than driving with fuel at $1.70 if you're traveling more than 14km in a day (based on the ATO's $0.88 estimate of the per km cost of driving)

So I'm sure there will be few people that could take PT, that aren't currently, and would make the switch if it was free.

EDIT: changed the distance from 7km to 14km in a day. Forgot to change it when I changed the sentence from 'commute' to 'in a day'.

#melbourne #SpringSt #PublicTransport

Show threadHailey
@jessta I don't understand the maths behind PT being cheaper over 7km than driving with fuel at $1.70, are you going by TCO? my view is people who already have a car see most of that cost as already sunk, and PT is far more expensive than the marginal cost of driving which is dominated by fuel
Mar 29 at 1:58amWeb
Show threadTursiae1d ago
@hailey @jessta Especially with the intervals often available by PT in the burbs. People value their time way more than fuel, for now at least.