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Originally Posted by jamesqf
Not really fair to include those, unless the vehicle is just for work, because they're the same no matter how much you drive.
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Maybe so for the taxes/tag, but that isn't always the case for insurance. To use your vehicle for commercial purposes, you will need commercial coverage unless you want to risk not being covered and then dropped if you do get in an accident during work. Therefore, the extra you have to pay for commercial insurance should be calculated in.
Quote:
Originally Posted by jamesqf
On the larger question, a few years ago when I drove a lot for work, I was making money just on the IRS mileage deduction, with no employer reimbursment. But of course that was with a used Insight, bought for cash (and at a real steal of a price, too).
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How so? A deduction will only earn back a percentage of IRS rate multiplied by your miles driven. How could that cover the expenses you paid while driving?