Friday, October 4, 2013

Should I repair my old car? or just sell it?

Your car is getting more expensive to fix  according to the 2013 "CarMD" Vehicle Health Index. The study found that for the first time in six years  the average repair cost has risen 10 percent to $367.84 from 1996 to 2012 modeled year vehicles. Replacement part prices went up six percent in 2012, while the cost of labor went up to 17 percent. "CarMD" states that the Northeast region has seen the largest increase with these cost repairs rising by 11.56 percent last year.








 
The costs associated with maintaining a vehicle had the single largest percentage increase from 2012 to 2013, Growing by 11.26 percent to 4.97 cents per mile on average for sedan owners. AAA bases its estimates upon the cost to maintain a vehicle and perform needed repairs for five years and also 75,000 miles which will include labor expenses, replacement part prices and the purchase of your extended warranty policy.  This all is what is driving the increase in maintenance costs.
 
Among the many reasons for the increase in price for maintenance is that our cars are getting older. The average car on America's roads is now over 10 years old. Last year's record heat may also have been a factor, according to CarMD. Heat places a strain on cooling systems, batteries, fluids and transmissions.
 
 
Call Junk Cars Orange County Today And Junk your vehicle. don't put another penny into those outrageous repairs! just by yourself a new car! 714-330-0702

17 comments:

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  8. This is very nice post. The people always think that either to sell their accidental car or repair it for further use but let me tell you a fact that once the car face an accident it do not work properly.

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  14. This is very nice informative blog. There are many people who wish to get the scrap car services for their old car.

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  16. Thank you very for your valuable information.It is useful for the people who are in dilemma either to repair their old cars or sell them to junk.

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