Posted on 5/5/2010
Save up to $25,000 or more by maintaining your current vehicle! 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's 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 ve ... read more