Auto Maintenance Really Does Save You Money in Reno
Have you really taken a look at the overall cost of purchasing a new vehicle? Here are key points to consider that prolong the life of your current vehicle will save you money in the long run.
According to an article at auto.howstuffworks.com, “The Reality of Owning a New Vehicle”
“Picture this: You’re buying a new car. You’ve found the model you want with the perfect color combination and it’s in the right price range. You’ve made your down payment, carefully examined your financing options, and evaluated what your budget will be like with a new car payment and perhaps a change in insurance costs, too.
But have you figured in the cost of maintenance for your new car? We all know that it can be expensive to keep a car in proper working order, but we don’t always include that in our financial plans. Consumer Reports estimates that over five years, 4 percent of the total cost of your vehicle will be spent on repairs and maintenance. That doesn’t sound like much. That is, until you have to pay for something big like a blown transmission, for example [source: Consumer Reports].
According to one recent study, the average American household spent $5,477 on gas and automotive expenses last year. $2,208 was for gasoline, but the rest — a whopping $3,269 — was for expenses like dealership maintenance, service station fixes and body shop repair.” To read the entire article click here.