Back to all

Economics of Maintenance for Lewis Center Auto Owners

March 6, 2022

Buying a new car in Lewis Center is always a big financial decision. The allure of that new car smell is powerful, to be sure. But what if your current car is still in good shape? How do you decide?

People in Lewis Center who've been used to driving a new car every three to five years may be having second thoughts in this economy. For many, the question is, how does the certainty of a new car payment stack up against uncertain repairs for a car that may be out of warranty?

For purposes of our discussion, let's assume you live right here in Lewis Center and have a five year old vehicle. It's now paid off. If you keep it, you fear that there'll be some repairs over the next five years, but you really don't know what to expect. For help we turned to maintenance and repair information for cars and trucks. With this data, they project likely service and repair costs for a particular make and model. They're able to use manufacturer's maintenance schedules and repair histories for the projections.

Of course, these projections can't predict what will happen to your vehicle in Lewis Center, but they do give you information to use in your decision.

Let's look at the numbers for a five year old Toyota Camry V-6. In this example, the combined maintenance and repairs for the five year period is $5,748. This works out to an average of $96 a month. The year-by-year averages range from a low of $49 a month to $124 a month.

So compare $96 a month with a new car payment. And it's actually better news than that; you would still have maintenance expenses with a new car, so the repair element could be less than half that figure.

Here are numbers for some other five year old vehicles from around Lewis Center:

  • Ford Escape - $116 a month
  • Chevy Silverado - $131 a month
  • Jeep Grand Cherokee - $138 a month
  • Hyundai Accent - $85 a month.

Now, if your vehicle is older than five years, have a chat with your Lewis Center service advisor at Tuffy Tire & Auto Service Center Lewis Center. We see hundreds of vehicles through our bays every month and we know your car. See if there's any particular problem in common with your vehicle that you might see over the next couple of years.

And of course, the best way to keep future repair costs down is to take care of all your scheduled maintenance. This is especially important in older vehicles that have had time to accumulate some deposits.

There are special motor oil formulations that help clean older engines and protect and recondition their seals and gaskets.

We hope this eliminates some of the unknowns in the decision to keep or trade.

Give us a call if you have any questions.

Tuffy Tire & Auto Service Center Lewis Center
210 Hornbeam Lane
Lewis Center, Ohio 43035
740-549-3332
http://www.tuffylewiscenter.com

More articles from Tuffy Lewis Center

Out of Joint (CV Joint and Boot Replacement)

November 17, 2024

If you have a front-wheel-drive vehicle, it has components called CV joints which enable you to turn your wheels smoothly. The CV stands for constant velocity. In essence, its a set of gears that connect a shaft that allows power from the transmission to be sent to the wheels. When you turn the ... More

The Byte Stuff (Your Vehicle's Computers)

November 10, 2024

Nobody has to tell you that computers are a part of so many things in our lives. Smartphones, kitchen appliances, vacuum cleaners, televisions. You name itit has a computer in it. And your vehicle is no exception. The earliest cars relied on the technology of their time, and there was no such ... More

Staying In Charge (Alternator Repair)

November 3, 2024

Seems like these days, we're hearing about more and more electric or hybrid vehicles. Keep in mind that conventional gasoline internal combustion vehicles have important electrical components, too, and it's important to make sure they're operating at their peak. In a vehicle with a gasoline engi... More