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55 cents is what I charge clients
Posted by Noel [Email] (more from Noel) on Wed, 24 Jun 2009 18:01:45
In Reply to: Re: OT: IRS mileage rates, AeroLady, Wed, 24 Jun 2009 17:31:32
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I think it works, but my insurance is cheap ($1,250 for 3 cars with one under 25 driver), the cars are paid for, and 40-50% of the miles on my 9K are business-related or directly billable.
What I find as a wild card or wrinkle are the periodic biggies like tires, especially when you have to cover multiple cars in a year. You can average it out, but it still comes out of your budget in a large chunk. I get to buy 3 sets of tires this year, for example. Then as cars age there are the once or twice in the life expenses, like a fuel pump.
The thing to do is add it all up over 3-4 years and work an average. Or just look at it as how your cash flow changes if you take the package and do something else. I think this stuff can be over-analyzed.
Posts in this Thread:
- OT: The "Real" cost per mile of car use...., MI-Roger
, Wed, 24 Jun 2009 16:45:31- Here's my numbers..., AlS, Wed, 24 Jun 2009 19:55:16
- Re: OT: The "Real" cost per mile of car use...., ursaw, Wed, 24 Jun 2009 17:59:38
- Re: OT: The "Real" cost per mile of car use...., AeroLady, Wed, 24 Jun 2009 17:26:32
- Re: OT: The "Real" cost per mile of car use...., dtech, Wed, 24 Jun 2009 17:04:11
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