Re:Don’t pay for 95% (2016)
by ghaff on Tuesday October 13, 2020 @11:06AM
(#24766275)
In the US, business auto deduction is around 52 cents per mile.
An oldish paid-off relatively inexpensive car will absolutely do better than that on average. But it's actually not unreasonable that the business deduction bases costs on something like a late model leased midrange sedan like a sales rep might use to drive clients around.
An oldish paid-off relatively inexpensive car will absolutely do better than that on average. But it's actually not unreasonable that the business deduction bases costs on something like a late model leased midrange sedan like a sales rep might use to drive clients around.