|Re: car-sharing question (Findhorn)||<– Date –> <– Thread –>|
|From: Sharon Villines (sharonsharonvillines.com)|
|Date: Sat, 3 Mar 2018 13:43:26 -0800 (PST)|
Another way to calculate costs for car sharing is to use the IRS standard deduction of 54.5 cents per mile that is calculated to cover all costs, fixed and variable. Actual expenses could be lower for small, inexpensive cars and higher for large expensive cars. But as Fred’s figures demonstrate, trying to project actual costs is time consuming with endless variables and what-ifs. If I were setting up a system, I would start with the standard mileage rate and use it for 3-5 years before making adjustments. I would expect a cohousing group to have lower costs but the extra can be used to build a reserve fund for repairs and replacement. It would make life simpler while ensuring that these charges would be sufficient. Drop them when you have real data to work from. Sharon ---- Sharon Villines Takoma Village Cohousing, Washington DC http://www.takomavillage.org
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