What does it cost to drive a pickup per mile?

What does it cost to drive a pickup per mile?

We conclude that in a “baseline” case of highway driving on smooth pavement, with a gasoline price of $1.50 per gallon, that personal vehicles average 17.1 cents per mile to operate, and trucks average 43.4 cents per mile.

How many miles will a Jeep Cherokee last?

But then, how long do Jeep Grand Cherokee SUVs last? With an average of 200,000 miles, you can expect the Grand Cherokee to last you around 20 plus years which is more than enough time if you’re looking to get the most on your investment.

How much does it cost per mile to drive a Honda Civic?

Honda Civic DX Coupe: $16,555, 28 mpg city/39 mpg highway; five-year cost to maintain is $31,013, and cost per mile is 41 cents.

What is the average price per mile?

Electric vehicle owners pay an average of 3.66 cents a mile traveled, compared with 15.81 cents a mile for pickup truck owners. Maintenance and repair costs work out to 9.55 cents a mile. EV owners again pay less, averaging 7.77 cents a mile in maintenance and repairs.

How much should I charge per miles?

$0.575 per mile driven for business. $0.17 per mile for trips taken on for medical purposes. $0.17 per mile for moving (only Armed Forces on active duty) $0.14 per mile driven in the service of charitable organizations.

How much should I charge for travel miles?

56 cents per mile for business miles driven, down 1.5 cents from the 2020 rate. 16 cents per mile driven for medical* or moving purposes, down 1 cent from the 2020 rate. 14 cents per mile driven in service of charitable organizations (set by statute and remains unchanged)

What should I charge per mile?

More In Tax Pros

Period Rates in cents per mile Source
2020 57.5 IR-2019-215
2019 58 IR-2018-251
2018 TCJA 54.5 IR-2017-204 IR-2018-127

What is the average rate per mile?

58.5 cents per mile driven for business use, up 2.5 cents from the rate for 2021, 18 cents per mile driven for medical, or moving purposes for qualified active-duty members of the Armed Forces, up 2 cents from the rate for 2021 and.