Forum Discussion
Grit_dog
May 10, 2016Navigator
APT wrote:
Hey, it's your money and your choices!
The IRS Standard Mileage Rate for 2016 is 54 cents per mile. That includes depreciation, fuel, maintenance, etc. I would use that as a guideline when evaluating new vs. used or demo vehicle. So I would not consider a 15k mile version unless the discount took closer to 7k off.
Nice guideline there but remember most of that is operating cost not depreciation.
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