Depending on the condition, and whether you have a loan on your vehicle, the mileage deduction for miles driven could be more to your advantage for tax purposes.
You have to look at the alternatives with the Vehicle Depreciation method.
If you have a vehicle that is paid for, cost nothing for an auto payment and has only has a low insurance cost, this could be best for you.It gets better when you get more MPG or Miles Per Gallon.
You should be using a mileage log. Print the free mileage log.
What is the mileage rate for 2014? We'll let you know.
In year 2013 the mileage deduction ( allowance) rate was different.
Back in 2012 you saw a a 55.5 cents per mile (Fifty-five and a half cents) allowance for business miles that you drove. That is the mileage rate for 2012.
It changes every year and sometimes it will change mid year at the end of June - beginning of July. See how the mileage rate change in 2011 worked out.