Vehicle vs. Repair Cost

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Information about Vehicle vs. Repair Cost
Automotive

Published on February 19, 2014

Author: jungermancarstar

Source: slideshare.net

Description

If You Buy A New Car, What Will It Cost to Repair If You Have A Car Accident?
The very last thing you're going to want to think about when you buy a new car is what it'll cost to repair. But the cost of fixing bumpers, door panels, and hoods can vary greatly by vehicle model, and often the expense of the repair does not match the value of the vehicle.

Vehicle vs. Repair Cost If You Buy A New Car, What Will It Cost to Repair If You Have A Car Accident? The very last thing you're going to want to think about when you buy a new car is what it'll cost to repair. But the cost of fixing bumpers, door panels, and hoods can vary greatly by vehicle model, and often the expense of the repair does not match the value of the vehicle. Jungerman CARSTAR closely tracks the expense of vehicle repairs on every make and model of automobiles. These expenses doesn't just play a role to the repair bill, it also drives up or down the price to insure the vehicle. A couple of alarming figures to think about when replacing damaged parts with OEM equipment are: • The running board of a Lincoln Navigator costs $2200 • The fender on a Chrysler 300 is less than $100 but the molding costs $90 • The rear door lock of a 2008 Lexus 460 is over $900, the door trim panel costs over $2,000 and the rear door belt molding is over $1,000. • The quarter panel on 2000-2007 Ford Taurus costs $1,397.45 So what four door automobiles are the most reasonably priced and most expensive to repair when thinking about the “collision” coverage loss experience, which is the overall cost paid out to fix or exchange the damaged parts sustained to the car? The Insurance Institute for Highway Safety loss data shows the Honda Accord is the very best in this regard, while Mitsubishi Galant is at the very bottom of the list when looking at four door cars. Judged on a scale where one hundred is average and lower scores signify less expensive repairs, the results are as follows. The Honda Accord has an impressive loss experience rating of seventy-eight, which happens to be twenty-three percent better than the average result of one hundred. The remaining top nine of the top ten performers and their comparative scores were: • Saturn Aura (83) • Chevrolet Malibu (new model) (84) • Mercury Milan 4WD (90)

• Hyundai Sonata (92) • Chrysler Sebring (93) • Ford Fusion (98) • Mercury Milan (100) • Toyota Camry Hybrid (101) • Subaru Legacy 4WD (102) The worst vehicle model for comparative loss value was the Mitsubishi Galantat one hundred thirty-two. Rounding out the most expensive vehicles to repair with a loss cost standpoint were: • Nissan Maxima (131) • Pontiac G6 (124) • Nissan Altima Hybrid (123) • Nissan Altima (123) • Volvo S40 (122) • Acura TSX (122) • Mazda 6 Hatchback (121) • Mazda 6 (119) • Chevrolet Malibu (old model) (117) No matter how carefully you drive, a vehicle accident may happen. As such, we suggest that you have a collision plan put in place so you don't find yourself stranded on the side of the road waiting for help. Jungerman CARSTAR offers high-quality, reliable repair service in St. Peters, St. Charles, and the Metro East St. Louis area. For more information visit www.auto-body-stpeters-mo.com.

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