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Fair points. I just disagree with >>> I don't think it's appropriate to allocate all of an auto's expenses as "business" since it's almost always a personal c
by gedrap 12y ago
Fair points. I just disagree with
>>> I don't think it's appropriate to allocate all of an auto's expenses as "business" since it's almost always a personal car.
While it is a personal car, a full-time uberx driver is driving it for business purposes 75% of the time or so. Which makes it more like a business investment.
- pbreit 12y agoBut owner has use of car for 100% of personal needs. Only incremental devaluation/expenses should be included, imo (if we're trying to be fair and reasonable, or course).
- smacktoward 12y agoHow is that any different from a cab driver who owns his taxi?
- fludlight 12y agoMy n=3 sample from conversations with taxi owner/operators in SF is that they find it more profitable to rent out their taxi to other drivers when they themselves aren't driving it. This way, an owner can drive the taxi 8 hours per day and rent it to two other people for the remaining 16 hours. The Camry Hybrid in the article is also a clear favorite due to the perceived high fuel efficiency, cheap and infrequent maintenance, and 200-250k mile battery life.