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Bikeshare Users Save Hundreds In Transportation Costs

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The Capital Bikeshare doesn't just reduce the number of cars on the street, but a survey says it saves users money too.
The Capital Bikeshare doesn't just reduce the number of cars on the street, but a survey says it saves users money too.

Capital Bikeshare users saved an average of $891 in transportation costs last year and reduced their miles driven by as much as $5 million, according to a recent survey.

In addition to saving money by biking more and driving less, the results from the 6,000 users who participated in the survey revealed that Bikeshare helped to boost the bottom line of businesses. More than 8-in-10 said they frequented businesses that were close to Bikeshare stations.

Bikeshare users tend to be younger, male, white, highly educated and slightly less affluent than all other commuters in the D.C. area. The survey also showed that 1-in-6 users joined Bikeshare during a promotion for membership offered on Living Social, the daily deal website.

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