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No need to do all this bottom up math. Just use the IRS mileage rate, they calculated it for you. 65.5 cents per mile. If a driver makes more than that, roughl
by hammock 3y ago
No need to do all this bottom up math. Just use the IRS mileage rate, they calculated it for you. 65.5 cents per mile.
If a driver makes more than that, roughly speaking, they are profiting
- AnthonyMouse 3y agoThis is how you come to silly conclusions. The IRS is taking the average cost, but if you're doing this as more than a hobby you choose a vehicle with above average reliability and efficiency and learn to do your own repairs, so you have lower costs. And the IRS includes all of the sunk costs of vehicle ownership, not just the incremental cost of putting more miles on a car you would have regardless.