The price of used cars posted its biggest drop since October, according to an industry guide, an indication the tight market for late-model-year vehicles is starting to ease.
The NADA Used Car Guide said prices for cars and trucks up to 8 years old declined 2.1 percent in May.
When the dreaded check engine light illuminates on the dashboard, drivers in New Jersey now pay the most in the nation to have it diagnosed and repaired, at an average cost of $392.99, according to CarMD.com Corp.’s analysis of more than 160,000 repairs made on vehicles with check engine light problems in 2012.
Indicating a coastal shift from West to East, and rounding out the top five most expensive U.S. states/districts for auto repair were no. 2 District of Columbia, no. 3 California, no. 4 North Carolina and no. 5 Maryland.
De Meo wants the European auto industry to “set the pace” in a new area of the business.
The National Safety Council acknowledges that the results announced by the AAA Foundation for Traffic Safety of a new distracted driving study, again confirm the presence and crash risk of cognitive distraction. The human brain is incapable of performing, at the same time, the tasks necessary to safely operate a motor vehicle while engaged in other cognitively demanding tasks such as a phone conversation or speech to text.
Bob Litwiler, a senior technician for Auto Go Mobile Automotive Service, sets up his mobile workspace before performing an oil change.
