How do you know if it’s time to change vehicles … sell that old steed and buy that new thoroughbred you’ve been eyeing? If you are analyzing your personal situation from a pure cost standpoint, you would be money ahead keeping your current vehicle – and continuing to maintain all critical wear components. If cost is not a factor and you are hankering for a new steed, then follow your heart. However, it’s those in-between situations that are most difficult to decide. For those situations, here are a few car facts provided by the folks at Consumer Reports:
• Depreciation (vehicles loss in value): This is the largest single ownership cost during the 1st six (6) years of a vehicle’s life.
• Ownership costs for years 6, 7 and 8 combined are about equal to the vehicle’s 1st year cost of ownership.
• Fuel and depreciation account for 72% of ownership costs during the first 6 years, while taxes (3%), maintenance/repairs (4%), insurance (10%) and loan interest (11%) account for only 28% of total costs.
So, if your have been consistent in maintaining your old steed and still love the ‘ole girl, don’t put her out to pasture just yet…her most cost effective years may still be ahead of her! A visit to an Honest and Accurate, ASE-Certified auto repair shop can help you make sure those maintenance and repair costs remain a low part of your future car ownership costs.
BEST, MOST TRUSTWORTHY MECHANICS IN COLORADO! If you’re looking for a place to take your car, THIS is your sign to trust honest accurate auto service. Jen and Eric were soooo nice, explained everything so thoroughly, lent me a rental car to use while they had mine in the shop, cleaned the outside of my car, and were so fast and efficient with their work. They communicated with me regarding every step. I will never take my car anywhere else! This is how you run a business!!
Amazing service! I called Honest Accurate on a Monday mid afternoon, thinking I just needed a quick battery replacement (I needed it quickly since I’m a driver as my occupation), I spoke with Austin and he said to go ahead and bring my car in and they’d check it out. Long story short it ended up being my alternator, and even with not having an appointment, the extra work and getting parts - he made it happen to get all that done, get me rides and get my car back to me the next morning since he knew I needed it back by then! I’ve taken my car to Honest Accurate for years and always been happy but this was a whole new level of customer service! Seriously, Honest Accurate is a great place to trust your car work to! Thanks again!!