How much should a car cost per mile?

The total cost of car ownership is $91,200 over this average 15-year and 202,500-mile life, averaging 45.0 cents per mile.

What is a good price to charge per mile?

Beginning January 1, 2020, the standard mileage rates for the use of a car (van, pickup or panel truck) will be: 57.5 cents per mile for business miles driven, down from 58 cents in 2019.

What is the cheapest car to own per mile?

Lowest fuel-cost-per-mile

  • Toyota Prius c (7.2 cents/mile)
  • Ford Fusion Hybrid (7.6 cents/mile)
  • Ford Fusion C-MAX Hybrid (7.6 cents/mile)
  • Volkswagen Jetta Hybrid (8.0 cents/mile)
  • Lincoln MKZ Hybrid (8.0 cents per mile)

What is a fair mileage rate?

56 cents per mile driven for business use, down 1.5 cents from the rate for 2020, 16 cents per mile driven for medical, or moving purposes for qualified active duty members of the Armed Forces, down 1 cent from the rate for 2020, and.

What car will save me the most money?

2021 Best Cars for the Money

  • Hyundai Accent: Best Subcompact Car for the Money.
  • Kia Forte: Best Compact Car for the Money.
  • Toyota Camry: Best Midsize Car for the Money.
  • Toyota Avalon: Best Large Car for the Money.
  • Toyota Corolla Hybrid: Best Hybrid and Electric Car for the Money.

How much should my employer pay me per mile?

The Internal Revenue Service announced gas mileage reimbursement rates for 2020 in December. For this year, the mileage rate in 2 categories have gone down from previous years: 57.5 cents per mile for business miles (58 cents in 2019) 17 cents per mile driven for medical or moving purposes (20 cents in 2019)

What car has the best mileage?

New York.

  • Michigan resident Hugh Pennington started a new career delivering camping trailers across America.
  • 1990 Honda Accord Owned by Joe LoCicero. Another vehicle reaching the million-mile threshold is Joe LoCicero’s 1990 light blue Honda Accord.
  • What is the highest mileage car ever?

    The current Guinness World Record ‘Highest Car Mileage’ is held by a 1966 Volvo P1800, which has covered more than 2,800,000 miles!

    What cars have the best MPG?

    1) Toyota Prius (Hybrid) 2) Ford Focus 3) Skoda Octavia 4) Honda Civic 5) Peugeot 208 6) Renault Clio 7) Hyundai Ioniq (Hybrid) 8) Volkswagen Golf GTE (Hybrid) 9) Citroen Grand C4 Spacetourer 10) Suzuki Celerio

    What car has the best gas per mile?

    Best Overall Gas Mileage/Compact Cars: The Honda Insight, Toyota Prius, Honda Civic hybrid, Volkswagen Diesel, and Honda Civic are the top choices for this class of vehicles. The Insight obtains roughly 60 mpg city and 66 mpg highway with it’s 5-speed manual transmission.