- 1). Establish the type of vehicle you drive as either a small, medium or large sedan, SUV or minivan. Use the following dollar amounts to complete the wear-and-tear calculation.
Small sedan: $2,560
Medium sedan: $3,534
Large sedan: $5,091
SUV: $5,052
Minivan: $4,108 - 2). Divide your specific vehicle type's cost number by 15,000, the average number of miles driven each year according to AAA. For example, if you drive a large sedan, divide 5,091 by 15,000 to get 0.3394. This tells you that your wear and tear cost is 33.94 cents per mile.
- 3). Multiply your per-mile number based on your vehicle type by the actual number of miles your drove over the last year to determine your exact wear and tear cost. Using the same example from above, if you actually drove 17,500 miles over the last year, multiply .3394 by 17,500, resulting in an annual wear and tear cost of $5939.50.
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