If your company uses the Cents-Per-Mile method of valuing the personal use of a company provided care, the rates have increased for 2010. The increases are as follows:
Cars in Service in 2010 can only use this method if the market value is not more than $15,300
Maximum value for passenger trucks or vans increases to $16,000
Employer provided vehicles under the fleet-average valuation rule, 2010 maximum value is $20,300 for a car and $21,000 for a truck or van.