How you're compensated for the fuel Borrowers use

Short answer:

You pay for all the fuel that goes into your car and you're then reimbursed for any fuel Borrowers use through your distance income.

You pay for all the fuel that goes into your car

If a Borrower needs to fill up during their trip they can pay themselves and send us a photo of the receipt. We'll reimburse them, and pass the fuel charge on to you on your monthly invoice. Of course, you can also buy fuel yourself as you usually would.

You're reimbursed for the fuel Borrowers use

You're reimbursed for all the fuel Borrowers use through your distance income. You're paid 13c, 25c, or 37c for each kilometre driven by Borrowers, depending on the distance income you choose. The RACQ estimates the running costs of a small or medium car to be between 11c and 18c per kilometre. If your car is more expensive to run, you can put your distance rate up to make sure your costs are being properly covered.

Try our interactive fuel tutorial

To help you calculate your car's running costs, and understand how the distance income compensates you, take our interactive tutorial.

Take the tutorial

Related articles

Understanding fuel costs on your invoice
Choosing your distance rate

 

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