Fair car share.
February 1, 2012 8:59 AM Subscribe
How much should I charge my housemate for using my car?
My housemate doesn't have a car, and I'm happy to let her use mine when she needs to. She typically uses it for errands, and drives it maybe 30-60 miles a week. I drive it about the same amount. What is the best way for me to get reimbursed for usage? So far she just fills up the tank. She's very willing to pay more. I saw the previous question
about how to share a car with an SO; this is different in that she is a friend and housemate instead. I don't want to charge her by the mile, as that feels too nickel-and-dime to me. The car is 8 years old and runs fine. I want to keep it going as long as possible (and replacing it would be a financial hardship). I own the house and she pays me rent. Would it be reasonable to tack on a "car usage" charge? If so, what should it be? I'm not looking to profit, but to have her pay a reasonable proportion of the depreciation, insurance, registration and repairs.