2007 Commercial car leasing Deprecation tables - alphaleasing.com
Commercial car leasing depreciation table resources

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Annual Limitations for Cents-Per Miles Rule 

You cannot use the cents-per-mile rule for calculating the W2 value for the personal use of a company owned vehicle if its value when you first made it available to any employee for personal reasons is more than an amount determined by the IRS as the maximum automobile value for the year.  The table below lists the maximums since 1990.

Year Car Truck or Van
1996 $15,400 $15,400
1997 $15,700 $15,700
1998 $15,600 $15,600
1999 $15,500 $15,500
2000 $15,400 $15,400
2001 $15,400 $15,400
2002 $15,300 $15,300
2003 $15,200 $15,200
2004 $14,800 $14,800
2005 $14,800 $16,300
2006 $15,000 $16,400
2007 $15,100 $16,100
2008 $15,100 $16,100


 

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