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Tag Archives: cost of ownership

I get asked a lot "What is involved when putting on my Winter tires?"

Well winter tires have some advantages over sporty summer tires or even all season tires, mainly they remain softer when the temperature dips below 7 Celsius, and in Ontario we are below that after labour day at night until the end of April. back to the topic "whats involved when mounting my winter rims and tires?"  Well at My shop Mark's Auto Service we always perform a courtesy inspection which includes a short road test. Why? This allows us to test for any warning lights, listen for any noises and get a feel for the brakes and handling. Then drive the vehicle into the shop, for a lift on the hoist, here we will remove the summer wheels, visual inspect the brakes, summer tires and record our findings on a tablet DVI digital inspection, then we will inspect the winter tires, the air pressure, check the winter tire balancing on our Hunter Road Force machine and adjust as necessary, then install and torque the wheels to manufacturer Specificat ... read more

The Real Cost of Car Ownership

The Real Cost of Car Ownership

The sticker price is only the starting point. Do you know what you really pay for your vehicle?Your biggest vehicle expense? Your No. 1 cost of ownership? Depreciation, of course. “For the consumer, selecting a vehicle with a lower depreciation rate will reduce their overall cost-of-ownership,” says Canadian Black Book executive vice-president Larry Shred, whose company has long been a reliable source for used-car values. The CBB is used by dealers as a pricing guide to help them determine trade-in values. But savvy car shoppers can use the CBB’s “Trade-in Value” estimator (canadianblackbook.com) to calculate depreciation. By doing so, you can determine how much value your car loses over time – and get moving down the road to a complete understanding of what you’re paying for your daily driver. Figures in chart are dollars per kilometre. Source: Canadian Automobile Association and Glob ... read more

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