Despite being a huge fan of public transit, I actually think the efficiency numbers would probably still come out in favor of cars, in America, in the near term. Our country has been car focused for a hundred years and the assumption of car travel is baked into the way our cities (and especially suburbs) are designed. There would need to be years of shifting urban planning before mass transit really won everywhere.
Having a cheap enough car and expensive enough transit bill to exceed it is an extreme statistical outlier. I saw this as an owner of a cheap car and an expensive commuter rail pass.
But that's part of why he excluded expenditures covered by the gas tax on the road comparison, you'd want to add that back in if you are adding in fares.
The only time your question matters is if/when the transit system is useful enough that someone can actually consider selling a car. I sold my car to ride the bus to work. However the one week my wife's car was in the shop convinced us that we won't be doing without a car anytime soon. (We often take trips that are 5 minutes by car that were 55 minutes by bus! Then there is the annoyance of the one time we missed the bus)