There are reasons why sales of new cars and trucks continue at a torrid pace.
First the average age of a car on U.S. roads is 11.1 years old, and second the costs of keeping those older vehicles operating is rising.
Even if you're lucky enough to avoid a major repair bill, the era of the friendly, affordable neighborhood mechanic is pretty much history.
AAA's 2013 "Your Driving Costs" study says maintenance bills for motorists rose 11.26 percent last year, some 4.96 cents per mile, but operating costs were around a more reasonable 2 percent higher.
The automobile and leisure travel organization said it took about $9,122 to keep an average family sedan running in 2012 -- that works out to 60.8 cents per mile. That's 14.45 cents per mile for fuel, an increase of 1.93 percent, but less than 5 cents a mile for maintenance costs.
Insurance costs rose 2.8 percent to an average $1,029 a year for a low-risk driver. Tire costs were unchanged.
"Steve Mazor, manager of the Automobile Club of Southern California's Automotive Research Center told Tribune Newspapers higher labor and parts costs fueled the hike in maintenance bills -- which were a direct factor of rising vehicle age.
bDirect Auto Insurance/b – How do You Pick the Right Liability Limits b.../b
If you are interested in picking direct auto insurance the best place to look today is the internet. It is all very important to pick the right car insurance policy when it come to online purchase of policy. The best place to start your shopping for direct auto insurance quote is to be to have full understanding of all what liability limits for car insurance means.
In nut shell liability insurance is the type of car coverage that will prevent the other driver from suing you in case of accident. In these days of cheap car insurance there are many ways where by costs are been cut and this may be consequential.
Do you intend to buy direct auto insurance? It is better to understand the various limit liability that exists. What does these limits really means? When you see 25 /50 /10 what does it mean? or you see 100 /300/100 what are they trying to pass across? or you see the term CSL which means Combine Single limit of $500,000. I am sure all this figures are more than what you bargain for. At the end of this article you will have a better understanding of what the insurance professional are doing.
In your search of cheapest car insurance, you keep on coming across this several figures which really make much sense to you. The term 25/50/60 is the liability limit for your vehicle. It means that in case of any eventuality the limit is $25,000 per person. That means if you accidentally hurt or kill some one in accident you will pay the person or his family the sum of $25,000.00 per person.
The number 50 means $50,000 per accident. In order words the highest payment that your insurance firm will pay for you accident is $50,000.
For you to have a better understanding of the relationship between this figures, it means that is there is an accident and four people involved and they sustain injury, even though each one of them is entitled to $25,000.00 but the limit that the insurance firm has to pay for that accident is $50,000.00.