"Auto repair doesn't cost you money, it saves you money!!"
Here's how:
People get confused when their ten year old car runs up a series big repairs, and they often look for a new mechanic or run out and by a new car. This is what the manufacturers want you to do.
In reality, a good mechanic can keep a good car at 100% from year ten to year twenty for around $100 per month (Hondas, etc for $80, SAABS, etc for $130).
So here's the arithmetic:
Option One: Buy a new car every ten years:
Two $25,000 cars:
$50,000
interest (est)
4,000
Repairs(10 years @ $80/Mo)
9,600
Total
$63,600
Option Two: Keep your car for twenty years:
One $25,000 car:
$25,000
interest (est)
2,000
Repairs(15 years @ $80/Mo)
14,400
Total
$41,400
You Saved $22,200!!!!
PLUS: no sales tax, and insurance and registration fees are also lower.
PLUS: you still have a safe, reliable, good-running car with everything working.
No Kidding!
We keep track of this for you in our computer.
We keep track of how much you're spending on a monthly average, the way transportation companies do. If your car expense gets way out of the cost profile we may then suggest a new (or used) vehicle.
