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Customers Keeping Vehicles Longer According to Survey


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Here is confirmation that customers are keeping cars longer. This should be good news for our business.

 

We did more transmission and engine replacements last year than in any other year. People are keeping their cars longer. The only problem I see that many are putting of preventive maintenance. When they come in needing brakes all around and 4 tires, they don’t have the budget to perform maintenance work.

 

In general, the next few years should be positive for us.

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I have done 3 Jasper transmissions in the last 2 months along with 2 used engines and 1 used transmission in the last 2 months by myself. People are keeping the cars longer but its more because they don't have the money to buy new or fix the ones they have. Exactly what Joe said.

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