
- August15 2003
- Volume 10
- Issue 15
AUTO FIX?
It's one of the toughest decisionscar owners face—fix up the old caror spring for a new (or newer)one. A study commissioned by autoparts dealer Auto Zone reveals thatthe cost of repairing the old car isthe key, and that the tipping pointfor the average consumer is$2668. Any estimate higher thanthat, and the old car should be history.A breakdown of the numbersshows that more than 80% of consumerswould put the car up for saleif the repair estimate topped $1000,although for 53% it would take anestimate of $2000 or higher to triggera hunt for a new car. Still, mostconsumers, about 82%, said theywould prefer to repair the car if theycould afford to rather than get anew one. According to the AmericanAutomobile Association, theaverage cost of a new car nowapproaches $20,000; an averageused car is about $9000.
Articles in this issue
over 17 years ago
Take Steps Toward Your Second Homeover 17 years ago
Climb over Home Improvement Obstaclesover 17 years ago
What Companies Don't Want You to Knowover 17 years ago
Balance Cost and Time in Your Householdover 17 years ago
Doctors and Crime Are a Bad Combinationover 17 years ago
What's in This Tax Relief Act for You?over 17 years ago
Confront the Perils of Retirement Todayover 17 years ago
Know What to Do if You're Shown the Doorover 17 years ago
Pay Attention to Retirement Allocationsover 17 years ago
Figure Out Which Plan Will Work for You





















































