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Posted on 12/09/2009 12:55 AM EST
Keeping Your Clunker Can Save Your Wallet

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Dave Wooldridge (Chairman Engine Repower Council)
Dear Editor,

Many Americans with so called “clunkers” have considered the purchase of a new car, but the cost in today’s economic climate may be prohibitive. The Engine Repower Council suggests that keeping your current vehicle running efficiently is a sensible alternative that can save big money in the long run.

Edmonds.com reports that the average car loan payment is $479 per month over a four-year period. For the cost of an average down payment on a new car or truck, you can repower your vehicle’s worn out engine with a remanufactured/rebuilt engine. Considering that nearly $23,000 can be saved by skipping car loan payments for the life of a four-year loan, installing a remanufactured/rebuilt engine is clearly a very sound and cost effective investment.

With repowering, a vehicle’s engine or an identical one from another like-vehicle, is completely disassembled, cleaned, machined and remanufactured/rebuilt. Unlike used or junk yard engines with an unknown performance and maintenance history, remanufactured/rebuilt engines are dependable, reliable and backed by excellent warranty programs.

In addition to its financial benefits, remanufactured/rebuilt engines also save the tremendous amount of energy used in processing discarded engines and vehicles. It also saves an incredible amount of raw materials that would have been used in building a new engine.

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