Mileage rates?

[Kirk Gittings]

Just curious. What are people billing for mileage these days? I am putting together a proposal for a Boston Architect.

[Brian Vuillemenot]

Our mileage rate at my day job just went up from $0.50 to $0.585

[Walter Calahan]

IRS rules that you can deduce $0.585 cents per mile driven starting July 1.

Many people charge more.

[Greg Lockrey]

I always charged twice actual cost of gas to factor in ware and tear. My van goes 12 mpg. But these are just for out of area jobs.

[MIke Sherck]

memo at work today: $0.585 per mile, effective July 1.

Mike

[mdd99]

At my magazine, we went by the IRS rule, and most photogs found that acceptable.

[Jim Ewins]

Why not charge actual costs plus normal markup for expenses? Unless you have no idea what the costs are.

[jetcode]

I tally expenses vs mileage and use the higher deduction.

[gregstidham]

I made a spreadsheet to calculate my total vehicle overhead ($6200), minimum miles driven (17000), price per gallon, and vehicle miles per gallon.

I don't usually charge much profit on this since it tends to anger clients, but I think it is fair to cover my costs at the minimum. I end up with about 5% profit anyhow.

As the price of gas or other variables change, I make adjustments for my billing needs.

At $4.00 per gallon these are the price per mile to cover my costs:

My Subaru (Average 24MPG) - $.53 per mile.

If my car got 20MPG - $.56 per mile
18MPG - $.59 per mile
15MPG - $.63 per mile
12MPG - $.70 per mile

[eddie]

i make a killing on mileage. i buy cars very cheap (read $500) and maintain them myself. (i am a mechanic and body man at my "real" job).

my car has been running trouble free for almost a 80,000miles. it now has 195,000 on it. it gets 28-32 MPG depending on the time of year and how fast i drive. surprisingly i get about 30MPG at 80MPH!. i drove the most miles ever this year. should be able to write off more than i need.....

eddie