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The 2024 standard mileage rate for business use of a vehicle is 67 cents per mile. The mileage rate is useful to know at tax time for those traveling for volunteer work and others.
A BAS mild hybrid, with the base inline-4 like the Saturn Aura Green Line, was available offering an increased fuel economy of 24 mpg ‑US (9.8 L/100 km; 29 mpg ‑imp)/32 mpg ‑US (7.4 L/100 km; 38 mpg ‑imp), which for the 2009 model was increased to 26 mpg ‑US (9.0 L/100 km; 31 mpg ‑imp)/34 mpg ‑US (6.9 L/100 km; 41 mpg ‑imp). The ...
Here are the 2024 mileage reimbursement rates: Business mileage rate: 67 cents per mile. This mileage rate for business increased by 1.5 cent from 65.5 cents per mile in 2023.
For drivers on the low-end of that range, they could deduct $53,600 in mileage for 2024, versus $52,400 in 2023, decreasing their tax liability and potentially putting money in their pocket. If a ...
For example, the fuel economy target for the 2012 Honda Fit with a footprint of 40 sq ft (3.7 m 2) is 36 miles per US gallon (6.5 L/100 km), equivalent to a published fuel economy of 27 miles per US gallon (8.7 L/100 km) (see #Calculations of MPG overestimated for information regarding the difference), and a Ford F-150 with its footprint of 65 ...
For the 2011 model year many of the models available are trucks and sport-utility vehicles that get less than 20 mpg ‑US (12 L/100 km; 24 mpg ‑imp) when filled with gasoline. [22] The following table compares fuel economy, carbon footprint, and petroleum consumption for several popular gasoline-powered vehicles and their flex-fuel versions: