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Avoiding Sticker Shock |
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The savings from engine repowering are especially evident when comparing against the prices of new vehicles. With an average sticker price of over $21,500, it doesn't take long to consider the option of repowering. When you also consider the "hidden costs" such as sales taxes, finance charges, higher insurance rates, property taxes and depreciation, repowering can be very attractive.
Used vehicles may cost less, but often you don't know what you're buying. Are there problems with the used vehicle which you are not aware of? Used vehicles also come with the same additional "hidden costs" involved in purchasing a new vehicle, and usually have no or limited warranties. Plus, any time you change the make and model of your vehicle you run the risk of incurring a higher insurance premium than you would if you stayed with the same car.
Click to review a list of cost comparison examples
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