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TeachMeFinance.com - explain Vehicle miles traveled (VMT) Vehicle miles traveled (VMT) -- The number of miles traveled nationally by vehicles for a period of 1 year. VMT is either calculated using two odometer readings or, for vehicles with less than two odometer readings, imputed using a regression estimate. Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.