requiem
Expert Member
- Joined
- May 10, 2009
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if you know how much fuel you used and km driven, then it should be pretty easy to work out the petrol costs. Also I would add the amount you spend on car servicing per year / 365 days. Then add that amount to each day (divided by amount of people using the car of course). I believe there is no need to make a profit here, they are your friends after all.
Technically - you also forgot to add capital depreciation to the equation.
If others are deriving a benefit from the car - it should not be out of his pocket that they do so.