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Bank On It: The Improved Reliability of Affordable Transportation | Trending Topics

They go by many different names, but they all share one common characteristic. A lemon, clunker, and a bucket of bolts are all antonyms for a lack of reliability, and millions of these vehicles litter American roadways. Unfortunately, it is likely that many of us have had to drive a clunker, only to spend an unnecessary amount of time on the side of the road. In past decades, even new cars had an element of unpredictability. That is, even though the vehicle was brand new, there were few assurances as to its consistent performance. Today, new cars come with virtually no surprises, because of their superior dependability. According to Auto Guide “Now that we’re a decade and a half into the 21st century, it’s basically gotten to the point where you can’t buy a bad car.” Even the most affordable new cars are reliable.

 

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Along with reliability, several factors consistently rank as the most important to car buyers. Gas mileage, safety, and optional features are perpetually among the most cited reasons to purchase a particular vehicle. Somewhat surprisingly, however, a J.D. Power and Associates study found that reliability was the top priority for car buyers. According to J.D. Power, “For 3 consecutive years, reliability and durability are the most common reasons for selecting a particular make and model.”

American cars, in particular, have greatly improved their reliability. In the past, American cars garnered little respect and were often thought of as inferior to their imported counterparts. That reputation has largely reversed. According to NBC News “The quality of the typical new vehicle being sold in the U.S. this year is better than ever, according to a new study by J.D. Power and Associates, with improvements coming at a near-record pace. “

One of the biggest struggles in purchasing a new car is the rising prices. Per the Associated Press, “Auto prices have risen every year since the Great Recession, hitting a record average of $31,825 in December of 2015, according to J.D. Power. The average price in September was $30,862, an all-time high for the month.” While this is bad news for car buyers, the good news is that improvements have been made across the board, so even the most affordable vehicles are dependable.

There are few things more frustrating than an unreliable clunker. A daily commute is stressful enough, and constant worry that your vehicle may not get you to your destination only adds to the strain. Luckily for car buyers, vast improvements have been made in the manufacturing of new cars. Today, virtually all new vehicles are reliable, and this designation is not only limited to luxury brands. Car buyers no longer need to break the bank for peace of mind.

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