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Rate Calculations

Wheels offers the fairest possible rate calculations.

Wheels_Fair_Rate

Our calculation is based on a custom cents-per-mile basis that reflects location, driving territory, fuel, insurance, registration and depreciation costs.

We reimburse drivers for the benchmark company car, not the cost of their actual vehicle, using benchmarks that are transparent — ensuring our program is fair to both company and driver.

Our calculations are pre-computed on a regular schedule: monthly, quarterly or yearly — working to make it as accurate and fair as possible.