For vehicles placed in service in 2010, businesses that value employees’ personal use of company vehicles under the cents-per-mile method can do so for passenger cars valued at $15,300 and trucks or vans valued at $16,000 that are placed in service in 2010. These values have gone up from 2009 when they were $15,000 and $15,200 respectively. Want more details, the full policy is posted on the IRS site here.