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    St. Louis, MO 63139
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    St. Louis, MO 63119
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The True Cost of Driving

August 1st, 2012

by: Mike Najjar

 

Q: Do you know how much it costs you to drive from Point A to Point B?

Consider this when you need to spend $1,000 in maintenance or repairs to prolong the useful life of your vehicle:
  • The average new car now costs around $23,500+, so financing that car at 8% interest over 4 years runs $573.70 per month.
  • The average full-coverage insurance policy costs around $95.00 per month.
  • Most people drive an average of 15,000 miles per year, which comes to 60,000 miles over 4 years. That mileage requires an average of $1,616 in   maintenance over 4 years, which come to $34 per month.
  • Based on these averages, driving costs you $702.70 per month, or $8,432.40 per year, not counting tires or gas! (And that’s after paying $1,410 in sales tax!)
A: Driving from Point A to Point B costs you $33,729.60* over 4 years!!!
 
Compare this to spending $1,410 in maintenance:
 
For $1,410, or an average of $58.75 per month, maintenance and repairs will add another 24 months and/or 30,000 miles to the life of your vehicle!
  • You cannot rent, lease, beg, borrow or buy a vehicle to use for $58.75 per month!
  • Compare this to buying a $23,500 new car:
  • Over 24 months, a new car will cost you $16,864.80, with an average monthly cost of $702.80, plus $1,410 in Missouri (6%) sales tax! Would you rather spend $1,410 for taxes or $1,410 for repairs and maintenance to get another 24 months and/or 30,000 miles out of your car?
  • Keeping your vehicle well maintained will save you $16,864.80 over 24 months. Wouldn't you rather use that $16,864.80 to realize your dreams for retirement or pay for your children's education?      
The True Cost of Driving was written by of Master Auto and Tire
  Tags: auto repair
  Posted in: Newsletter

© MASTER AUTO REPAIR

  • 1939 Union Road
    St. Louis, MO 63125
    (314) 544-0123
    view location
  • 8216 Watson Rd.
    St. Louis, MO 63119
    (314) 843-0090
    view location
  • 7027 Hampton Ave.
    St. Louis, MO 63109
    (314) 832-5357
    view location
  • 206 Vandalia St.
    Collinsville, IL 62234
    (618) 344-7800
    view location
  • 6501 Fyler Ave
    St. Louis, MO 63139
    (314) 644-5995
    view location

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If you’re looking for expert auto repair and tires in Collinsville, IL and St. Louis, MO, you’ve come to the right place with Master Auto Repair. With a wide selection of premium tires and top-notch auto repair and service performed by ASE-certified technicians, Master Auto Repair is proud to display the ASE Blue Seal of Excellence, a distinction that only 15 percent of auto repair shops in the entire country can claim. With easy appointments, complimentary shuttle service and loaner vehicles, we take the headaches out of auto repair in St. Louis, MO and Collinsville, IL. Schedule an appointment and you’ll find out why customers keep coming back to Master Auto Repair.