+ Fuel, basic maintenance costs, depreciation, parking costs, Congestion Charge, fines, etc. So not just VED and insurance. London car insurance can be much higher than other parts of the UK, for obvious reasons. Add on the actual cost of the car, over the time it's owned, plus any major repairs etc, and that amount can increase significantly. Whilst £5-6k is the average, there will be many people paying a lot more than that. Annual running costs of £10k+ per year are not unheard of. And that's before we even get into those paying finance on cars...
By contrast; 30+ years of cycling has cost me less than £10k. And I've owned a fair few bikes. So that's around £333 per year, including the costs of the bikes themselves. And of course; no VED, no insurance, no vehicle tax, no Congestion Charges, no parking charges, etc etc etc. I think I spend around £100 per year to keep our bikes running smoothly, and that's mostly in consumer items such as brake pads, inner tubes, the odd new tyre here and there. All our bikes are over 10 years old, and 2 are over 20 years old. That's incredible value for money imo. But the biggest value is in terms of benefit to health. You simply cannot put a price on that.
I see someone has changed my profile details. How very mature.