Trade In Car, Lose Thousands in Savings
Repower Engine to Save Big Money in Long Run
BETHESDA, MD – November 18, 2008 – Vehicle owners who trade in their cars every few years may be losing thousands of dollars in savings, according to Consumer Reports magazine. With the housing and credit markets in a state of turmoil, the Engine Repower Council recommends repowering your engine as a way to significantly reduce costs and save money over the long run.
Consumer Reports found that car owners save more money than the original purchase price of the car by keeping the car for 225,000 miles over 15 years as compared to buying that same car new every five years.
“People don’t realize how much money they are losing by buying a new car every few years when today’s vehicles can last over 200,000 miles,” said Steve Rich, chairman of the Engine Repower Council. “A one time investment to repower a car’s engine makes financial sense. It not only eliminates new car payments and higher insurance rates, but repowering also makes the vehicle more fuel efficient, saving money at the pump. In addition, a more fuel efficient vehicle reduces harmful emissions which helps protect the environment.”
With repowering, a worn out engine or an identical one from another like-vehicle, is completely disassembled, cleaned, machined and remanufactured/rebuilt. Unlike used or junk yard engines with an unknown performance and maintenance history, repowered engines are dependable, reliable and backed by excellent warranty programs.
In addition to its financial benefits, engine repowering also saves the tremendous amount of energy used in processing discarded engines and vehicles, as well as saves an incredible amount of raw materials that would have been used in building a new engine.
For more information, contact:
Rich White
(301) 654-6664
rich.white@aftermarket.org
or
Lynn Konsbruck
(312) 768-7362
lkonsbruck@maxmarketing.com
|