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richseay

Good afternoon
I was trying to find a fair rate for the above. My client wants to pay >77c per km but i saw in your notes it rises as the size of car goes up that said i also noticed that age is also a factor.

apreciate your wisdom.

Kind regards

Richard Seay

Anon

Hi there,
As the vehicle ages, the running costs move away from our calculated rate (as we only have new car information) and come into line with the IRD recommended rate. So 77c/km would actually seem pretty good for covering complete car ownership.