So how can you save up to $25,000 or more by maintaining your current vehicle rather than purchasing a new car or truck?
Here are some points to ponder!
If you have a reliable vehicle that is paid for, as an example, you may be spending $1000 per year on preventive maintenance service (regular oil changes and inspections) and general repair.
A new car or truck priced at a modest cost of $30,000 will not only have a monthly payment and interest structure if financed, but insurance costs are also higher. So, let’s say as an example, you spend $1000 for service, repair, and accessories on your current vehicle this year as opposed to payments of $450-$800 per month (based on interest rate, down payment, and total length of payment plan).
At $600 per month, you would spend $7,200 this year on car payments, plus pay higher vehicle insurance rates. Over a four year period, the savings are dramatic – in this case, a savings of over $6,200 per year. And if you placed the same amount as the car payment in a savings account you would have earned interest!
Even if you had a major repair of perhaps $2000 during one year of a four-year payment plan of $600 per month, the savings to you are still substantial over the payment period.
So before you buy a new vehicle, compare your options and if you are comfortable with your current car or truck, maintain it with Hudson Auto Service and save some money for other expenditures!
Keeping You safe
Russ Hudson
19703 60TH AVE,
LANGLEY, BC
V3A 3Z6
Phone: 604-533-6698
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For more information hudsonautocare.com or SAVINGS