You can negotiate any amount of miles per year. Buying a new car is never a good deal considering the depreciation factor. Better to buy low mileage used. David Love www.davidlovepianos.com -----Original Message----- From: pianotech-bounces at ptg.org [mailto:pianotech-bounces at ptg.org] On Behalf Of David Ilvedson Sent: Tuesday, April 07, 2009 7:33 PM To: pianotech at ptg.org Subject: Re: [pianotech] Mileage charges - the tax angle I'm pretty sure Consumer Reports did research on leasing and they felt it was better to own in the long run...it is nice to have brand new car every 3 years...but how do you keep the mileage down? Max 15,000 miles? David Ilvedson, RPT Pacifica, CA 94044 ----- Original message ---------------------------------------- From: "David Love" <davidlovepianos at comcast.net> To: pianotech at ptg.org Received: 4/7/2009 7:22:17 PM Subject: Re: [pianotech] Mileage charges - the tax angle >I believe you are right although last year I leased a new car and went to using the >total expenses rather than straight mileage and it came out much better--part of the >reason I decided to lease. Seemed to make sense at the time. >David Love >www.davidlovepianos.com >-----Original Message----- >From: pianotech-bounces at ptg.org [mailto:pianotech-bounces at ptg.org] On Behalf >Of A440A at aol.com >Sent: Tuesday, April 07, 2009 6:18 PM >To: pianotech at ptg.org >Subject: Re: [pianotech] Mileage charges - the tax angle >David writes: ><< You can do that here to but the mileage amount usually works out better >unless you are also depreciating the car itself or leasing the car—or have a lot >of expensive repairs in a year. >> > It is my understanding that you have to begin deducting the mileage at >the very beginning or not at all. Once started, those that simply charge for >the costs cannot later switch over and begin deducting for the milage. If a >person is going to keep the car for a long time, it is far better to go mileage >since that way your depreciation is covered for the entire time you use the >vehicle, ie, even after 10 years, you still are getting to deduct the mileage >rate as though the car was still depreciating. >Regards, >Ed Foote RPT >http://www.uk-piano.org/edfoote/index.html >www.uk-piano.org/edfoote/well_tempered_piano.html > <BR><BR><BR>**************<BR>A Good Credit Score is 700 or Above. See >yours >in just 2 easy steps! >(http://pr.atwola.com/promoclk/100126575x1221421323x1201417385/aol?redir=ht >tp:%2F%2Fwww.freecreditreport.com%2Fpm%2Fdefault.aspx%3Fsc% >3D668072%26hmpgID%3D62%26bcd%3DAprilfooterNO62)</HTML>
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