It captures the same basic idea, decrease in value over time. He’s assuming 100% depreciation over the life of the vehicle. Nothing in his post is consistent with the IRS’ perspective.
Exactly, so why bother to respond to my original comment when you knew I was specifically referring to the IRS’ perspective?
I was trying to make it clear that costs beyond maintenance were in his original post, that’s all. And dividing vehicle purchase by total lifetime units (hours or miles) is a reasonable way to calculate depreciation. More reasonable than the other items in his list.
Nothing in most any of his post is consistent with real life, just mainly crazy talk… lol
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