How much should i pay for gas money?
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There is a standard federal rate for mileage reimbursement which is 53.5 cents per mile. It's a number that's an estimate of how much fuel and wear and tear would be worth on a vehicle for each mile driven. At that rate (doubled for their trip back) it would be $4.28.
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Source: Experian 2020 Q1 data, published on August 16, 2020 Across the industry, on average automotive dealers make more money selling loans at inflated rates than they make from selling cars. Before you sign a loan agreement with a dealership you should contact a community credit union or bank and see how they compare.
With over 150,000 gas stations nationwide in the GasBuddy network, you can get up-to-date changes on gas prices. Calculate the gas cost for your trip accurately and with ease by using GasBuddy. Beyond the Trip Cost Calculator: How to Save on Gas Money by Using GasBuddy
Gas Cost Calculator; News. Fuel Saving Tips; Fuel Quality; Premium Fuel Research; Top Trends; Contact AAA; Today’s AAA National Average $3.167 . Price as of 7/17/21. AAA GAS COST CALCULATOR. Today’s AAA National Average . $3.167 . Price as of 7/17/21. where are you going?
Son Should Pay for Gas. Since the car is probably already insured, it sounds like the son is being added as an authorized driver. I suggest that he pay the extra $150 to his parents out of his paycheck and they can put it in an online savings account to be used for his own first car payment.
The IRS’ standard mileage reimbursement rate is used to calculate the cost of gas, maintenance and depreciation of a car used for business purposes (like running errands for families or transporting kids). Using this 2021 rate of 56 cents per mile is helpful because it covers all of the expenses that your nanny could incur from using their car.
But if you have gas, you might consider capping your purchase at $1,000, or being prepared to spend more than $1,500—none of the gas ranges we’ve evaluated in this price range offer major...
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