Posted on 1/19/2017
At RPM AUTOWORX, we are often asked "Is it worth repairing my vehicle"? My answer 99% of the time is YES! ALL vehicles costs money. It doesn't matter if it is new or used. Every daily driver depreciates, must be insured, paid for, repaired/serviced, and registered. A used vehicle will ALWAYS be cheaper to operate and here's why: 1. Depreciation has already been paid. A daily driver vehicle is not an investment. A new vehicle depreciates at least 22% the day you drive it off of the lot. The maintenance and repair is the investment, prolonging the life of the vehicle, saving you money. 2. Insurance is cheaper. Most new vehicles cost as much as 50% of a modest home and cost almost as much to insure. 3. Cheaper annual registration/taxes. In most states, the age/value of the vehicle determines the yearly tax. The older the vehicle, the cheaper the tax. 4. Cheaper maintenance and repair costs. The price of parts are more e ... read more