A couple of years ago, my car died in the middle of the night while at a friend’s house. The tow fees to my house and then to my mechanic ended up costing more than the alternator replacement itself. I still cringe to this day when I think about the final sum, and a service like YourMechanic.com would have made things a lot easier on my wallet and my sanity.
Whether you drive a $30,000 or a $1,500 a car, one variable in life stays constant.
You want to minimize your costs.
Selling overpriced “Original” parts can be like printing money. I know carmakers that generate 30 percent of their profits out of parts sales. How do you drive parts sales? By forcing customers to stay as long as possible with your dealer, a money pit the customer tries to flee as early and as quickly as possible. The golden fleece in the business are repairs only an authorized dealer can perform, using overpriced parts only the authorized dealer has. Countless attempts have been made to break this monopoly. Another attempt is on the way. (Read More…)
In case you missed it, Paul Niedermeyer’s excellent overview of Lincolns greatest hits and misses is worth a second look, considering the “firsts” attributed to the Lincoln brand: halogen lights and clear coat paint (Versailles), gas charged shocks and auto dimming rear view mirrors (Fox Continental), composite headlamps (Mark VII) and the industry’s first use of High Intensity Discharge (HID) lights in the Lincoln Mark VIII. And while some innovations quickly spread elsewhere, Lincoln’s HID system was outdated and orphaned in less than a decade. If you are crazy enough to drive an HID-equipped Mark today, finding a new bulb for less than $600 is impossible. And a used bulb fetches $100 or more on eBay. Such is life when you live on the bleeding edge far beyond anyone’s expectation.