A recent article from the Today Show Online gives us the idea that consumers are not out there buying new vehicles like they were at one point. In the middle of a national debt crisis and the word “recession” flying out of journalists’ mouths lately, American consumers have been holding on just a little longer to their used vehicles, hoping to drive them until the economy improves enough to have a financial burden like a new car.
According to the article, carmakers and auto dealers have something to worry about. More than half of Americans recently surveyed said they would put off a new purchase of a car because of the financial costs it brings. Likewise, according to a question recently posed by the American Automobile Association, 54% of respondents said they had decided to keep an older car for that same exact reason within the last year. Although dealerships are still enticing buyers through warranties and money saving deals, consumer confidence is low, and buyers are shying away from new cars and looking into the used car route. Other global situations also affect carmakers and dealerships, but this has been a real blow.
But most drivers know that older vehicles or used vehicles mean less of a warranty protection and the increased possibility of more repairs put into the car. Preventative maintenance at routine intervals by a trusted auto repair shop can lengthen your vehicle’s life as well as save you upwards of 20,000-30,000 dollars when properly cared for and at least three years after your payments have been completed. Preventative maintenance can include anything from brake services, to fluid checks, to battery services. Some dealerships charge for even the basic inspections and care, but others will provide basic checks each time you bring your car in for any service. Requesting a service interval schedule can help you stay organized and properly caring for your vehicle. A little money invested here and there can save you from major expenses down the road, and will also be cheaper than the payments of a brand new vehicle. Visit a trusted auto repair shop today and see how you can extend the life of your older car and stay safe in a dangerous economical period.
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