FAVR Vehicle Program: 7 Powerful Benefits That Changed How I Handle Business Driving

I want to share something that made a huge difference in how I manage work travel: the FAVR Vehicle Program . If you’ve ever wondered whether there’s a smarter, fairer way to handle mileage reimbursement, you’re not alone. Like many people, I used to rely on the standard IRS mileage rate. It seemed simple at first, but over time I realized it wasn’t always the most accurate—or the most beneficial—for my situation. The FAVR Vehicle Program (short for Fixed and Variable Rate) was something I first heard about from a colleague who worked in finance. Honestly, I brushed it off at first. But after doing some research and eventually giving it a try, I discovered it offered me a much more balanced way to handle business driving costs. I want to break down what I’ve learned, answer some common questions, and share why this program might be worth considering if your job or business involves a lot of driving. What Exactly is the FAVR Vehicle Program? The FAVR Vehicle Program is a system...