Jennifer
and Fritz Kysar
Kearneysville, W.Va.
1994 Ford Ranger pickup
488,000 miles
Advice: "If you're going to drive a vehicle for a
long time, buy replacement parts with a lifetime warranty. I
haven't paid for a set of brakes in eight or nine years,"
Fritz Kysar says. |
|
YONKERS,
NY
— With proper care,
many of today’s cars can last 200,000 miles or more, and owners seeking to
limit repair costs by trading in their vehicle every three to five years may
lose out on thousands of savings, says Consumer Reports October
issue.
Consumer Reports
2007 Annual Auto Online Survey identified 6,769 readers with 200,000 miles
or more on their vehicles’ odometers. The report featured accounts that ran
the gamut of make and model, including a ‘95 Honda Civic with 227,000 miles,
a ‘90 Lexus LS400 with 332,000 miles and a
West Virginia
family’s 1994 Ford Ranger pickup with an impressive 488,000 miles.
When comparing the costs of buying and keeping a car for 225,000 miles over
15 years to buying and financing an identical model every five years, CR
found the savings could be more than the original purchase price of the
vehicle—and even greater if the savings were invested.
For
example, Consumer Reports estimated the popular
Honda Civic EX, with an automatic
transmission, could potentially save its owner as much as $20,500 if
properly maintained over 15 years— $1,500 more than its purchase price.
In its analysis,
CR calculated the costs of purchase
price including destination fees, depreciation, maintenance and repairs,
finance and interest, fees and taxes, and insurance for 15 years against the
same factors for purchasing a new model every five years.
Factoring in
three percent inflation and an annual five percent interest rate,
Consumer Reports estimated an additional $10,300 in investment savings.
As a result, maintaining the Civic EX over 15 years would be approximately
$30,800 less than the cost of buying a new Civic EX every five years.
Consumer Reports
found similar savings with other models.
Consumer Reports
Names Good and Bad Bets:
Buying a car with a good track record is important in reaching the 200K
Club. Consumer Reports identifies Good and Bad Bets for those
shooting for 200,000 miles.
Good Bets have performed well in Consumer Reports tests and have
better-than-average reliability scores for several model years. Bad Bets
have multiple years of much worse than average reliability and more
problems than other models overall. Reliability is based on the results of
Consumer Reports Reliability Survey, and all have three or more
model years of data.
Good
Bets: Honda Civic, Honda
CR-V, Honda Element, Lexus ES, Lexus LS, Toyota 4Runner, Toyota Highlander,
Toyota Land Cruiser, Toyota Prius, Toyota RAV4
Bad Bets:
BMW 7-Series, Infiniti
QX56, Jaguar S-Type, Jaguar X-Type, Mercedes-Benz M-Class (V8),
Mercedes-Benz SL, Nissan Armada, Nissan Titan, Volkswagen Touareg, Volvo
XC90 (6-cyl.)
Get Your Car To Go the Distance:
For
motorists looking to make their car reach 200,000 miles, the October issue
of Consumer Reports offers complete advice on how to do it. Here
are some of the highlights:
-
Go by
the book. Follow the
maintenance schedule in the vehicle owner’s manual and make necessary
repairs promptly. If you think you’re saving money by skipping an oil
change, think again. Missing even one oil change can accelerate
premature engine wear and cause engine damage. The manual contains a
maintenance schedule.
-
Use
the right stuff. When it’s
time for maintenance or repairs, use only parts and fluids meeting
manufacturer specifications. Using the wrong type of oil or transmission
fluid, for example, could result in damage leading to expensive repairs.
-
Know
what to look for. Problems
can arise at any time and for inexplicable reasons. So it helps to get
in the habit of opening the hood and looking, listening, and smelling
what’s happening in your engine bay. Look for fraying or cracks in
belts, and cracks or bulges in hoses. Investing in a vehicle service
manual, available at car dealerships and most auto-parts stores, will
help show you what to look for and assist you with minor repairs.
-
Keep
it clean. Get out the
cleaning products periodically. Regular cleaning inside and out can make
the car a more pleasant place to be as you roll up the miles, and
washing and waxing can help preserve the paint and keep the sheet metal
below it from rusting. Vacuuming sand and dirt out of carpets and seats
can minimize premature wear that leads to tears and holes.
-
Buy a
reliable, safe car. Buy a
car with a good track record. Consumer Reports offers
comprehensive reliability ratings in every April Autos issue and to
ConsumerReports.org subscribers. Buy a car that has performed well in
government and insurance-industry safety tests and has the latest safety
equipment, like electronic stability control and curtain air bags. If
you’re going to live with a vehicle for a long time, you will want it to
provide maximum safety protection.
For more
Consumer Reports advice and insights from car owners on how to make a
car last 200,000 miles, check out the Consumer Reports October
issue, on sale September 4, or visit
www.ConsumerReports.org
© Consumers
Union 2007