Eagle Transmission Shop & Auto Repair Shop

"The One to Trust!"
"Providing Quality Transmission Service Since 1983."
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Keeping Your Vehicle vs. Buying a New Vehicle

Keeping your car for 15 years, or 225,000 miles of driving, may save up to $31,000!! according toConsumer Reports magazine. When compared to the cost of buying a similar model every five years, which is the tendency for many auto consumers.In an annual national auto survey, it was determined that, from a group of 6,769 readers who had logged 200,000+ miles or more on their autos, the below listed averages were determined.  A couple of example vehicles are a 1990 Lexus LS400 with 332,000 miles and a 1994 Ford Ranger pick-up that logged 488,000 miles!!  Calculating the costs involved in buying a new Mid sized sedan or pick up truck every five years for 15 years - including depreciation, taxes, fees and insurance – it was estimated that the cost would be approximately $20,500 more than it would have cost to  maintain one car for the same 15 year period. Add to that, up to $10,300 in interest that could have been earned on that money, assuming a five percent interest rate and a three percent inflation rate, over that time.To reach or exceed the milestone of 200,000 miles, a vehicle needs to be well maintained of course. Below are listed a few simple steps for maximum performance and longevity, not to mention savings.

  • Read and follow the maintenance/service guide in your owner's manual and have the suggested services made promptly.
  • The use of recommended types of fluids, including oil and transmission fluids is always the best practice.
  • Have the engine compartment checked regularly. Listen for strange sounds, take note of odd odars and look for fraying or bulges in pipes or belts
  • Keep your vehicle clean inside and out. Use a quality wax on the paint surface. (it’s like sunscreen for your car) Clean the underside of the vehicle with a pressure spray regularly.
  • Don't ignore odd noises, pay attention to vibrations
  • Have a proper diagnostic scan conducted when the "Check Engine Light is On"

 

 

 

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