|Articles|September 16, 2008

Physician's Money Digest

  • 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

almost 18 years ago

Take Steps Toward Your Second Home

almost 18 years ago

Climb over Home Improvement Obstacles

almost 18 years ago

What Companies Don't Want You to Know

almost 18 years ago

Balance Cost and Time in Your Household

almost 18 years ago

Doctors and Crime Are a Bad Combination

almost 18 years ago

What's in This Tax Relief Act for You?

almost 18 years ago

Confront the Perils of Retirement Today

almost 18 years ago

Pay Attention to Retirement Allocations

almost 18 years ago

Figure Out Which Plan Will Work for You

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