Replace - Rebuild - Why Rebuild - What's in a Rebuilt Engine - Performance
Does it make economic sense to buy a new car?
- The average new car costs around $20,000. In addition to your trade in, you'll have to make monthly payments for 3 to 5 years (and, of course, a new car loses about 25% of its value the minute you drive it out of the showroom).
- Sure, you'll have a shiny new car you may come to love or hate.
- You get a new-car warranty.
- Finance charges are expensive. At 8%, you get socked for $2,300 over 3 years.
- Insurance costs will probably go up.
- You could lease a new car, but you won't build up equity. With a $300/ 36 month lease, you 11 have nothing to show for your money after 3 years except $10,000 worth of receipts. Excess mileage is costly.
- Sales tax on a new or leased will hit you for $1,000 to $5,000 or more (depending on where you live).
- You may gain new options like a CD player or sunroof.
. Questions of a Do It Yourself nature should be submitted to our "
need help on how to replace the timing chain on a 92 chevy silverado/ 350 engine.