2008 Depreciation Table

Cents per Mile 58.5 July - Dec
50.5 Jan - June
New Car Max Depr Amt New Truck Max Depr Amt

Used Car Max Depr Amt

Used Truck Max Depr Amt

Depreciation:

Depr %

First Tax Year 20% $10,960 $11,160 $2,960 $3,160
Second Tax Year 32% $4,800 $5,100 $4,800 $5,100
Third Tax Year 19.2% $2,850 $3,050 $2,850 $3,050
Fourth Tax Year 11.52% $1,775 $1,875 $1,775 $1,875
Fifth Tax Year 11.52% $1,775 $1,875 $1,775 $1,875
Sixth Tax Year 5.76% $1,775 $1,875 $1,775 $1,875
Each Additional Tax Year   $1,775 $1,875 $1,775 $1,875