Buying a New or Used Vehicle

May, 2013 by

In the market place today, people are tightening up their economic belts and rather than purchasing a new car, they may chose to purchase a used car or repair and maintain the one they currently own. When making repairs to a vehicle, consumers have the option of purchasing genuine new auto parts from the vehicle’s manufacture, comparable “after market” parts or now, more and more people are opting to purchase used auto parts for their vehicles. The latter two options are typically the most cost effective for the consumer and many there are many options for finding Used Auto Parts Blaine, Minneapolis.

Considering that the average family spends approximately one and a half percent of their yearly income on automobile repairs, this can become a big expense for many families, especially considering many families have more than one vehicle to maintain. Just as an example, a family that earns fifty thousand dollars a year ($50,000.00) will typically spend approximately seven hundred and fifty dollars ($750) on automobile repairs, keeping in mind that this is typically over and above the normal maintenance (oil change, gas, etc.)

Now a day, manufacturers are enticing consumer into buying new vehicles by offering longer warranties and more convenient and flexible financing agreements. Many consumers will go for this option because it provides less expense in maintaining the vehicle up front. Consumers should ensure they read the fine print on their vehicle warranties to ensure that they have adequate protection. Often times the parts that consumers may believe to be covered under some of these warranties are not covered. For example, a warranty may cover the motor on your automatic window, but not cover the window regulator that enables the window to go up and down.

The used car option may not be a bad option for consumers as for one, the greatest depreciation of a vehicle happens within the first three years, so buying a used car minimizes the depreciating effect of that asset for the consumer. Many people also feel less stress and anxiety in obtaining used auto parts for a used vehicle, than they would be obtaining used auto parts for a new vehicle. There are many dealers offering Used Auto Parts Blaine, so a consumer looking for used parts typically have many sources to choose from.

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