Posted on 1/31/2024
Do I Have to Service My New Car at the Dealership?The answer is NO! One common misconception in the automotive industry is that new cars MUST be serviced at the dealership to avoid VOIDING the Warranty. This is not the case, as the Magnuson Moss Warranty Act explains: “It is illegal for a dealer to deny your warranty coverage if someone else performs your maintenance." See the BAR (Bureau of Automotive Repair) recommended video on the Magnuson Moss Act. This act includes any repairs or modifications done to the vehicle as well. There are many benefits to using an independent repair shop versus going to the dealership. Personal Service: Dealerships tend to be high volume, there is not always a personal relationship. At Precision Automotive in Poway, CA we know our clients by name and strive to personalize our servic ... read more
Posted on 1/31/2024
The True Cost of Buying a New Car One of the questions we get quite often at Precision Automotive in Poway, CA is “Should I keep my car or get a new one?” With rising costs of repairs and the complexity of diagnosing and repairing modern vehicles, many of our Poway clients wonder if it is worth fixing their old car or buying a new one. Car companies do an excellent job marketing new cars. They sell the experience, luxury, reliability, safety, and of course, the warranty that comes with it. Most of all, they sell the prestige of having a new car to show off to your friends and family to look “successful.” The biggest cost of buying a new car might not be what you would expect: Financial advisors often mention vehicles are in the category of a “depreciating asset” meaning it is an investment that loses money. Most vehicles, unlike stocks, bonds, and real estate, lose value ove ... read more