Repair shop owners in the Greensboro, NC, area that were recently interviewed by a reporter from WFMY News 2 are reporting that business is up this year as more and more people are realizing that is it cheaper to repair their vehicles than to buy a new one.
Below is the article as it appeared on the WFMY News 2 website.
More People Driving Used Cars, Turning To Mechanics
By Justin Quesinberry
9/7/2010
Greensboro, NC While many people are trying to save money in this economy, one section of the automotive world is booming.
The number of people hanging on to their current used vehicles is at an all time high, according to R.L. Polk, an automotive marketing company. That number is not expected to go down anytime soon.
"I’d love to see the economy turn around, but right now, economy looks pretty good for me right now," said Allen Roy, owner of Roy’s Automotive.
He said business is up 30 to 40 percent in the last couple of years.
"We used to do one or two engine overhaul jobs maybe a year. I think we’ve done about 12 so far this year," he said.
It’s a sign some people are turning to mechanics rather than salesmen.
"They found what I’ve known all along. It’s always cheaper to repair them than it is to replace them," Roy said.
Technicians at Cox Toyota Scion’s service center have also seen a boost of about 30 percent, according to Jim Butler, general manager.
To read the entire article, visit the WFMY News 2 website at http://www.digtriad.com/news/local/story.aspx?storyid=147598&catid=57.