Mileage limits and overages
Standard share = 3,200 miles/year (100 mi/day × 32 days). Overages billed at $4/mile.
Each share gets ~3,200 miles per year (100 mi/day × ~32 days). Tracking is automatic from vehicle telemetry, you'll see real-time mileage status in your dashboard.
Why a cap exists
Miles drive depreciation. We cap usage to keep the vehicle's resale value protected for all co-owners. A 30K-mile Ferrari is worth materially less than a 5K-mile one.
Overages
Going over your annual mileage budget is allowed but billed at $4/mile, charged at the next calendar quarter. The overage fee accrues to the LLC's reserves and offsets future depreciation.
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