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Showing posts with the label car repair/maintenance

What You Should do if Your Vehicle has an Open Recall

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What You Should do if Your Vehicle has an Open Recall Every year, automakers recall millions of automobiles. When these recalls are issued it is the responsibility of the auto manufacturer to work with dealers in order to repair the affected vehicles. You can check the National Highway Traffic Safety Administration's recall database if you're not sure if your car has been subject to a safety recall. If your vehicle has been recalled, read the recall notice carefully and follow the instructions to ensure your safety on the road.   Every year, tens of millions of automobiles are  recalled  to fix problems ranging from software issues that cause  cars  to halt suddenly to leaks that may cause fires. Some recalls affect millions of automobiles, while others affect just a few hundred. Every recall, however, is significant, and each owner of a recalled vehicle has the same rights.   A recall can be a slow, annoying process. Sometimes it takes weeks for the car to...

Cars with the Highest Depreciation Rates for 2023

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  Cars with the Highest Depreciation Rates Cars   with the high depreciation rates tend to experience a rapid decline in value over a relatively short period. Several factors contribute to this phenomenon, including initial purchase price, brand perception, reliability,   repair/maintenance   costs and market demand. Certain models are more susceptible to significant depreciation, making them noteworthy for consumers mindful of long-term and low-cost ownership. The three primary categories encompassing the highest depreciating vehicles include Luxury, EV/Emerging technology and High-Cost-to-Own vehicles.   Luxury vehicles  are especially susceptible to rapid depreciation mainly attributed to their high-tech features, higher maintenance costs and premium price tags. The allure of the latest technology and premium features and build materials diminishes over time and is not as relevant when they hit the used car market, greatly effecting the pre-owned vehicle...