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Your Car as an Investment

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September 2006 (Medialink) -- New cars today are expected to run for over 100,000 miles. That means, on average, a vehicle will be sold once as new, and as many as three more times as a used car. Anyone who currently owns a car, truck or SUV would be wise to treat that vehicle as an investment.

According to Kelley Blue Book, there are several benefits to maintaining your vehicles properly. The first is to avoid potentially costly repairs down the road. Second, to have piece of mind that you're driving a safe vehicle. Finally, when you go to sell your vehicle -- if you've maintained it at your dealership -- they should be able to provide you with a maintenance record, which you can hand over to a potential buyer to show them that the vehicle has been well maintained.

Kelley Blue Book also says that not having complete maintenance records will knock your vehicle's value down. So remember to hold on to them, or take your car to a dealership that will keep the records for you.


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Produced for General Motors

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