I questioned the 50 cent per mile total cost, too, but then talked to a fellt mamager at Pepsi Company. They use Runzhiemer
to estimate their annual cost of maintaining a fleet.

Insurance costs, property taxes and maintenance charges vary a lot across the country.

Using your example, If you paid $25,000 for a vehicle and sold it for $9,000 four years later, you would have a net purchase cost of
$14,000. Add to that $7,500 for gas, $4,200 for insurance, $2200 for properety taxes and liscensing, $5,000 for interest, $3200 for maintenance and repair and $1100 for miscellaneous (toll fees, parking, etc.).
that brings the total for this example to
over $37,200, or 46.5 per mile.

The variables are business insurance with greater coverage and cost which is required
for employees who use their vehicles on business, the residual value of some vehicles
You may not get $9,000 for the unit, etc.

Runzheimer and other companies are fleet managers and are in the business to know these things.

Kind of makes you rethink those casual 100 mile plus Sunday drives,dosn't it?

Best regards,

Russ