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Depreciation starts its insidious attack on the value of your car, truck or SUV as soon as you bring it home to your McCullom Lake home. |
Most likely, you had a car loan to think about each month when you sat down at your desk in McCullom Lake. Those are substantial monthly payments you’ve assumed. And how long will you make those payments? 60 months? 72 months? Whatever it is, it’s nothing to sneeze about.
As with any car, truck or SUV you buy, one thing is certain – Depreciation
Some say that the biggest chunk of depreciation happens the moment you drive your new car, truck or SUV off the dealer’s lot. But there is always more depreciation to come. Bit by bit, depreciation eats away at the value of your vehicle.
Every time a rock nicks your hood or someone opens their door into your beautiful machine, you get depreciation. It’s insidious. The only way to avoid it is to pack your vehicle away in protective material and never drive it. But what’s the point of buying a new car, truck or SUV if you’re not going to use it?
Keeping the vehicle clean and with a protective coating of wax will help protect the finish. Parking it in the garage will go a long way to protecting your car, truck or SUV. But what about everything inside that shiny finish?
Mechanical protection is even more important than protecting the vehicle’s finish. And protecting your vehicle mechanically is the best way to reduce the rate of depreciation.
Fighting Back Against Depreciation of your Car, Truck or SUV
Giving your car, truck or SUV timely oil changes is the best thing you can do to protect the engine. But there’s more to maintaining a vehicle than changing the oil.
In fact, the best way to maintain the value of your vehicle is to stay on top of all aspects of maintenance. For instance, here are some recommended timelines for having critical parts of your car, truck or SUV checked:
- Check the tires and wheels every 6,000 to 8,000 miles.
- Check the brakes and suspension every 6 months or 12,000 miles.
- Replace air and cabin filters every 12,000 to 15,000 miles.
- Check the steering and alignment annually.
- Have the battery tested twice each year – best times to test the battery are before summer and winter.
- Have your headlights and signal lights checked frequently.
- Inspect belts with every oil change.
- Change the oil according to recommendations I your owner’s manual.
If you abide by this list with due diligence, you’ll ensure that you’re less likely to have a breakdown or more costly repairs later. You’ll also reduce the rate of depreciation every time you pull out of your McCullom Lake driveway.

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