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How to work out cost per mile
Comments
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My currenty car costs me on average 11.5 pence per mile in fuel but of course that is fuel only and does not allow for all other running costs.
I do a casual job that pays 22ppm and a temp job that pays 30ppm.0 -
lincroft1710 wrote: »45p per mile, is reckoned to be the average cost of running a car.
Well, that's the amount HMRC will allow an employer to pay without the employee incurring a tax liability. Personally I wouldn't think a friend doing a favour should expect a proportion of the costs for road tax, insurance, MOT etc where these costs are the same whether or not she drove the extra 360 miles. I would think between 12-15p per mile to be appropriate.loose does not rhyme with choose but lose does and is the word you meant to write.0 -
What car have they got and what do they get to the gallon?
Approx figures.....
18mpg = £130 in fuel alone.
30mpg = £76
35mpg = £65
40mpg = £57
etc...Censorship Reigns Supreme in Troll City...0
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