Right. I've decided to re-cost this using MikeHiow's work postcode of EC1 and accurate prices from the Hovertravel website in order to work out if he's right in thinking this isn't a financially reckless waste of time.
By purchasing a 100 journey card from Hovertravel, Mike can travel for £4 each way, so £8 return each day. This looks to be the cheapest way unless he spends £775 on the 250 journey card.
It is 78.3 miles each way from the Hover Terminal to London EC1. Google Maps reckons this takes exactly 2 hours - but this wont take into account peak time traffic. It's going to take at least 3 hours.
Mike will also have to pay the Congestion Charge unless he parks outside the congestion charging zone, adding yet more time to his stupid commute of massive fail. It is currently £9.
So, the daily cost of the stupidly ridiculous commute of massive fail is so far:
157 miles @ 40mpg (Yes, 40mpg. You are NOT going to get 50mpg. Especially not from a £1k car and certainly not involving a drive through the MIDDLE OF CENTRAL LONDON. 40mpg is probably optimistic - but we'll use it for now) @ £1.35 a litre for diesel is £24 a day in fuel.
£8 a day Hover-Travel cost.
£9 a day congestion charge.
Parking? You are going to pay an enormous premium for parking in London. Lets be really generous and assume you only pay a tenner.
So, total daily cost of the stupid commute of fail: £51.
This is also assuming you teleport yourself for free to the Hover terminal.
3 days a week. 48 weeks a year assuming 4 weeks off. We'll also pretend the car costs nothing to insure, has free tyres and never breaks down or needs an MOT.
A grand total of..
£7344 a year just in getting to work. But thats not all. This is appraising employment option therefore we need to work out how much of your effective salary will go on this stupid plan.
In order to pay £7344 a year commuting costs, you will need to earn, before tax...
£10,000 a year. Yes, thats right, £10k PA.
Now we know from your constant epic posts of fail and flogging the ST because it cost too much etc etc that you are not exactly bringing home £70k a year doing websites from home so I'll be bold and state thats a SIGNIFICANT portion of your pre tax salary. Infact, probably at least 33%.
So, if you earn £30k and do this stupid plan, its like earning £20k somewhere else. It's probably worse because of all the other costs I've not taken into account.
Sorry to be blunt Mike but the idea is worthless. Get used to the idea its time for a new job. String out the curent employer as long as possible, take redundancy, use the £5k you apparently 'wont even miss' to fund yourself whilst you find a job that better suits your personal life and family circumstances. It doesn't even need to be an IT job for now, does it? You've got a family, a job is a job. Take any job - even working full time in a shop probably wont leave you much worse off than you would be doing this stupid commute, but at least you'd actually have time to spend with your family. Then you can find an IT job closer to home without the time pressures, because at least you are working.
Yes, time to spend with your family. Because your projected timings are WAY off.
It's going to take you 3 hours to drive to London. You need to allow this - even if you can sometimes do it quicker. It's going to take you, realistically, at least half an hour to get from your house to your car in Southsea including hover travel. Then you are going to add 15 minutes parking up and walking to the office.
Thats almost 4 hours each way.
4 hours.
That means to get to your desk for 9am, you need to get up at 4am and get out of the house by 5am. Then you finish at 5pm and you get back home by 9pm. Ready to get to bed by 11 in order to be up by 5am again.
And no, a Bike isnt going to half the time you waste (Dont forget time to get the kit off, kit on etc etc and unless you have a death wish you'll soon realise commuting on a bike isnt a Utopia of doing 70mph all the way to the office, my Dad commuted by Bike for years) neither is it going to change the financials much, perhaps removing the congestion charge I guess.
Great.
Face it Mike, the idea is beyond pathetic and is a complete non starter. You live on the Isle of Wight - you can't hold down a job in London. Either get used to the fact you live on the IOW and find a job on the IOW, or get used to the fact that if you want to work in a sector the Island isn't exactly great for, you move house.