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re: If an employer pays full mileage rate, does leasing make sense?
Posted on 8/4/14 at 10:17 am to hungryone
Posted on 8/4/14 at 10:17 am to hungryone
This seems like a lesson in poor people finance. The mileage rate is enough to cover gas and general wear and tear. The reimbursement isn't a windfall. Any savings you experience off your note will be incurred when you replace the tires and fluids headlights and make basic repairs.
The cost to drive a large sedan 20,000 miles a year is 63.5 per mile according to AAA.
[link=(Link)]https://exchange.aaa.com/wp-content/uploads/2013/04/Your-Driving-Costs-2013.pdf[/link]
The correct answer is buy a car you can afford.
The cost to drive a large sedan 20,000 miles a year is 63.5 per mile according to AAA.
[link=(Link)]https://exchange.aaa.com/wp-content/uploads/2013/04/Your-Driving-Costs-2013.pdf[/link]
The correct answer is buy a car you can afford.
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