On: Denver’s e-bike subsidy program produced more new riders, fewer car trips

[smileysteve]

Yes, you are below average; the average new car is owned for 8 years and the median for 4 years.

[lostmsu → smileysteve]

But then it is sold, so you recoup part of the value.

Also, average new car cost is the wrong metric. One ether has to use average car cost, including used cars, or track ownership costs of a new car excluding any secondary market transactions. E.g. until it is not road worthy anymore.