Testimonials

Newsletter - Spring 2008

From the Mechanical Shop

Is it Time to Replace My Vehicle?

When you come up against your second big repair in a year on your 100,000 mile vehicle you’re probably asking yourself if it’s worth repairing, or would it be better to replace it with a new or a lower mileage used car. Most cars nowadays will make it to at least 200,000 miles, so yours is not even middle aged yet.

Consumer Reports, October 07 article gives the example of a $20,000 savings by driving a Toyota Corolla to 200,000 miles versus trading in and buying new every five years.

So what should you consider when making the decision to repair or replace? First, has the car been problematic year after year? If so it will probably continue to be. Is the car listed as reliable by JD Power or Consumer Reports? If so chances are good that after fixing it you’ll have smooth sailing for a time with minimal expenses. Third, have you kept your maintenance up to date? If you haven’t, the cost of getting “caught up” should be factored in. Finally before making any decision, ask the repair facility to do a thorough inspection of the rest of the car to determine if anything else needs to be done now or in the near future.

A moderately priced new car will cost $20,000 or more. Sales tax is around $1600, on top of that is ownership taxes, license plates and interest, not to mention monthly payments. In most cases it is less expensive to keep and fix a car than to replace it, but if it has been unreliable and expensive to keep running, a purchase of a new or lower mileage used car may be in order. Just be sure the make and model you buy is one with a reliable rating

From the Body Shop

If You Wreck Your Car

If you've been in a collision, tell your insurance company for your own protection, even if injuries are not readily apparent. Informing the company doesn't mean you're filing a claim.

If you disagree with the value assigned to your totaled vehicle, provide quotes from local dealers and proof (keep all of your repair receipts) that your vehicle was well-maintained. (See 12 secrets your car insurer won't tell you) Still unsatisfied? Your options are mediation, arbitration and, finally, a lawsuit.
Twenty-eight states require insurance companies to pay the sales tax on a replacement vehicle, based on the settlement value of your totaled car. Request it, as well as registration and title fees, wherever you live.
If you were not at fault in the accident, the at-fault party (or their insurance company) could owe "diminished value" of your damaged car.
If the driver at fault in a crash is uninsured, consider "stacking" or collecting on all of your policies that have uninsured/underinsured motorist coverage to fully cover the damage, unless state law prohibits it.
Body shops may be tempted to cut corners to meet insurance companies' pricing requirements. Check our local Better Business Bureau for qualified repair shops. (See 7 things auto-body shops won't tell you).
If you cause an accident, does your policy require you to pay the difference between generic and original-equipment manufacturer parts? If someone else caused the accident, request original-equipment parts for your repairs.

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Addison Auto Repair & Body Shop
2005 South Holly Street • Denver, CO 80222 • 303-691-9484