dspeakes Wrote:
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> the IRS rate includes expenses you would incur
> even if your car stayed in the garage, such as
> insurance and depreciation.
On the contrary, depreciation is not a fixed cost. It's a very real cost that varies based on how much you use your vehicle. To see what I mean, pull up Edmunds or KBB and see what your car is worth at current mileage versus 10,000 additional miles on the odometer. Adding miles to your car is what makes it depreciate so fast, more so than age.
And second, maybe it's different in your state, but everywhere I have lived, the insurance rate I pay is based on the miles I tell the insurance company I am driving. Unless you are fibbing, you are paying more for insurance when you put more miles on your car.
Shopping since 1995; full-time since 2009. Blogging about shopping on www.myfrugalmiser.com.