MileIQ is the easiest way to make sure you’re getting the most out of your miles. This post goes over how much MileIQ costs, why we charge for our service and any other questions you may have.
MileIQ Pricing Plans
MileIQ offers three pricing options built for your needs:
- Absolutely free: 40 drives every month
- Monthly plan: $5.99 a month for unlimited drive tracking, mileage logging
- Annual plan: $59.99 annual payment for unlimited drive tracking, mileage logging and more (Saves $12 per year).
Why Does MileIQ Charge?
At MileIQ, we have a simple business model: You provide us with a low fee and we provide you with a service that can put thousands of dollars back in your pocket. Whether it’s a mileage deduction or a mileage reimbursement, the average unlimited user can save more than $6,900 a year.
MileIQ also never includes advertisements in the app. Additionally, it never sells your data to third parties. Finally, MileIQ offers robust cloud storage of your mileage log. You never have to worry about losing your mileage log again!
MileIQ Free Plan
MileIQ is always absolutely free for 40 drives a month, every month. If you feel like the MileIQ app created separate drive cards for a trip you want to record as a single drive, you can easily join the drives as a single trip.
The MileIQ free plan is ideal for those who drive for business sparingly. It’s also a great way to try out MileIQ for a while and see if it fits your needs.
MileIQ Monthly Plan
The MileIQ Monthly Plan lets you automatically track, log and calculate the value for an unlimited number of drives for the month. Your mileage log is securely stored in the cloud, so you don’t have to worry about keeping track of a paper mileage log. Even if you lose your phone, you can rest assured your mileage log is waiting for you, securely stored in the cloud.
The MileIQ Monthly Plan is ideal for those who have a seasonal self-employed gig. Other than that, you get all the features and time-saving capabilities of the annual unlimited plan.
MileIQ Annual Plan
The MileIQ Annual Plan is the best way for savvy small business owners and freelancers to save at tax time. With the MileIQ Annual Plan, you get:
- Automatic mileage tracking, logging and value calculations (no starting and stopping required)
- Secure storage of your mileage log in the cloud
- Simple drive classification with the ability to add additional details
- Bulk and automatic classification options
- Custom reporting with just a few taps
- Personalization for your needs: change rates, vehicles, work hours and more
- Significant savings off the Monthly Plan
- World-class support at your fingertips
- And much, much more.
One interesting aspect of MileIQ is that many small business owners and self-employed workers can potentially write off the costs as a business expense.
MileIQ’s blog does not constitute professional tax advice. You should contact your own tax professional to discuss your situation.