WebFeb 16, 2024 · As a repairable write-off car may be sold at a cheaper price than other similar cars, theoretically you could be paying less per week on the loan, but the … WebWhen using this method, the number of business miles driven is used to determine the percentage of business use. To obtain the deduction amount, multiply the sum of actual vehicle expenses by the business use percentage. Example 1. Dan drove 20,000 miles in 2024, of which 14,000 (70%) were business miles.

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