Like a Millionaire: Drive Smart and Save Money
Car commercials would have us believe that the mark of success is in the vehicle that we drive. Reality is quite different, according to The Millionaire Next Door. The New York Times Best Seller maintains that “you aren’t what you drive,” citing that most millionaires don’t live extravagant lifestyles, but spend wisely and live within their means regardless of their income.
“Looking wealthy and being wealthy are two very different goals. Why not take a page out of the book of millionaires?” said Rich White, executive director of the Car Care Council. “By maintaining your vehicle rather than buying a new one, you will not only protect your investment, but you’ll save money that can be put toward increasing your financial assets.”
Over a four-year period, the difference in the savings between keeping a car and buying a new one is $10,894, according to Runzheimer International.
The most common maintenance procedures and repairs to keep a vehicle operating safely and reliably while maintaining its long-term value involve checking the oil, filters and fluids, the belts and hoses, brakes, tires and air conditioning. The council also recommends an annual tune-up and wheel alignment.
To help protect their vehicle investment, motorists can visit the Car Care Council’s Web site, www.carcare.org, to order a free copy of the Car Care Guide. The 60-page guide fits easily in a glove box, uses easy-to-understand everyday language and covers the most common preventative maintenance procedures that need to be performed to keep cars safe, dependable and efficient. A Car Care Checklist reminds motorists what vehicle systems should be serviced or repaired and the new Fuel Economy section identifies ways to save money at the pump.
The Car Care Council is the source of information for the “Be Car Care Aware” consumer education campaign promoting the benefits of regular vehicle care, maintenance and repair to consumers. For more information or to receive a copy of the council’s new Car Care Guide for motorists, visit www.carcare.org.
