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Hi there,
I have a Ford Falcon 2007 stationwagon. What is the recommended rate per km that I should charge travel out at?
Cheers
The AA running cost rate for a vehicle of this engine capacity is $1.09 per km. However, as we do the calculation based on a vehicle at the third year of age where depreciation is much greater than a 7 year old car, the true rate for this car would be substantially less.
Any "reimbursement" comes down to a negotiation between the parties concerned, which in this instance might be more appropriate to start discussions at the IRD rate of 77c per km, even though the IRD rate usually has mileage limitations and the necessity to carry a log book.