| I drove for uber BRIEFLY (horrible company for other reasons). This whole it costs 60 cents per mile to drive a car in the US is total garbage. Seriously, these are rich folks driving new mercedes I think. Folks driving for shipt are not driving late model mercedes. 1) A car get's old sitting in your driveway, if you have an unused asset and put it to use your variable depreciation is actually lower. 2) You should be able to get a car cost (excluding gas) per mile down to 10-25 cents. 3) Fuel is $2.2/gallon. Assuming 30mpg (no prius etc) that is 220 cents / 30 miles = 7 cents per mile. 4) You get a tax break as a result as well. 5) You need to reduce business net costs by costs you'd incur just in general for car ownership (ie, you might still need plates, registration etc). For folks doing 50,000 miles per year, 60 cents per mile less 7 cents per mile for gas is 53 cents a mile to own the car. On a new car with a 3 year life that is $80k for a new car every 3 years? Let's say $20K repairs and overhead still is a $60K car. |