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Sky’s The Limit for New Cars

Do you know the Total Ownership and Operating Cost of the car, truck, SUV, van or minivan you’re planning to buy?

If not, better inquire about its Total Ownership and Operating Cost first before you make your crucial decision of shelling out thousands of dollars for an excessively costly vehicle that affords the same level of performance and comfort as other less expensive vehicles.

A study conducted by the Comerica Auto Affordability Index showed that the average price of a vehicle nowadays is $27,958, which is 6 percent higher than last year’s average car cost. It is the highest average car cost in four years, according to USA Today.

Comerica tells that this is due to the high financing costs and also because car users have opted to buy more expensive cars equipped with more upgraded parts lately.

Although it is not quite surprising that financing costs have gone up, as Comerica’s chief economist Dana Johnson said, it is surprising that the amount spent for every vehicle significantly increased in the third quarter.

Knowing how valuable cars are, it is a must to take care of our own vehicles for them to last longer and thus, our investment won’t be put to waste.

One way of doing this is by regularly checking those parts that are specially exposed to corrosive elements and those that perform the most difficult tasks such as the engine parts, cooling system, electrical and exhaust system components like the radiator, auto lights, battery, alternator and the catalytic converter.

Should you need to replace them, replace them right away to avoid future problems and further car repair and car part replacement expenses. Go to Auto Parts Inner for a great variety of top quality yet very affordable auto replacement parts. Explore their site and see for yourself their wide array of automotive products.

Mon Nov 21, 2005 6:30 pm MST by terrybrown | Email Article | |

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