It depends on your car...during the first hundred thousand miles of my geo metro, the expenses of everything from 2500-mile oil changes and tire replacements to PCV valve replacements came out to about 5 cents per mile (gas consumed about half of this). I also threw in a hefty $3500 for "other" expenses I might've forgotten. The labor was my own (labor is always the biggest expense). This was back when they re-imbursed 32 cents per mile.
Now I drive 150 miles a day doing on-site computer repair work. $25 per call, no mileage (this is a very stingy company). Picking up parts at my "main place of business" (ie DHL drop-off point) is a non-deductible commuting expense, but driving from there to various "temporary work locations" is always deductible for tax purposes (see publication 463, page 14). Driving from the last job to home is a gray area, but for my case it's still deductible (40.5 cents per mile this year).
Think petrolgas is expensive in your areaCross-posting removed Hi! Sir Lex *grin* Seriously though, the high fuel taxes in Europe do have an advantage these days: fuel prices at the pump didn't rise as outrageously as they did on...
I have a very strong feeling congress is gonna raise this mileage deducation because of the skyrocketing gas prices. They would have to be insane not to. Personally I still break out even at $5 a gallon, but thats just me :)
Dan
