For such a large investment, it is important to research transmission specialists that provide the best value for your investment. Other transmission specialists exist in Colorado, but none are AAA Approved as transmission specialists.Ĭonsumers are increasingly investing in transmission repairs due to the risk and cost of acquiring another vehicle. At Advanced Transmission Center, we complete a TrueTest Inspection that is tailored to identify issues in a vehicle’s drivetrain and determine if an internal failure on a transmission or transfer case is likely. However, if you suspect your vehicle has a transmission issue or your local general automotive repair shop communicates a concern, immediately call a transmission specialist. Periodic transmission services beginning when the vehicle has low mileage is a good habit and it is recommended a local transmission shop is entrusted with this activity. Before an issue rears its head, regular vehicle maintenance mitigates the chance of premature failure for major and minor systems on a vehicle. The Value of a Trusted Local Transmission ShopĬonsumers can make certain good choices before having to choose between transmission replacement or another vehicle. No one declining a transmission repair, who then buys another vehicle, wants to find out they have another list of potentially expensive repairs to complete on their newest acquisition. Moreover, with used vehicles, there are unknown repairs that could be the reason a prior owner decided to sell it in the first place. While the availability of new vehicles is limited, not to mention their astronomical prices, used vehicles appear not to be a good value investment as they were years ago. Either they make the investment in transmission repair or find another vehicle. What does this have to do with transmission repair? Transmission Repair a Better Option than Another VehicleĬustomers faced with a decision to replace or repair a transmission have a new set of realities in 2022. High inflation implies the buying power of a dollar is diminishing as prices soar. The used vehicle market is also impacting broader inflation in the economy. Cox Automotive reported the average retail price of a used vehicle hit a new record of $28,000 in December 2021. The used car, truck, and SUV market has been on fire in 20. If there are limited new vehicle options, where do consumers needing another vehicle turn? The used market. This is a common theme across numerous large vehicle manufacturers, and it ultimately limits the number of new vehicles at a consumer’s local vehicle dealership. The CFO for General Motors stated their third-quarter 2021 wholesale vehicle deliveries would be down 200,000 vehicles because of chip shortages. Those who wished to purchase F150 trucks faced delays as their vehicles awaited semiconductor products before being shipped off to retail markets. The automotive industry has been particularly hard hit by these supply chain issues. This is a simplified version of the global supply chain burdened by COVID-19. Personnel shortages, minimum shipping requirements, and canceled routes have all contributed to available products failing to arrive at their destination in a timely and economic manner. Unfortunately, logistics and shipping businesses have also faced adverse realities due to the pandemic. Moreover, those inputs needed by a factory can often be a continent away. When those downstream factories cannot provide certain goods and services, the upstream factories cannot produce their widgets. Factories that produce a metaphorical widget, require input goods and services from other factories. In the 21 st century, global economies are highly integrated and dependent. Every business in the world felt some level of impact. The pandemic did not discriminate based on region, sector, or class. Just as infected individuals impacted their families, their workplaces also felt the burden of productivity loss. The repercussions of the COVID-19 pandemic have been widespread and its toll on human life immeasurable. It makes sense to evaluate if such a large investment in a repair is justified based on a vehicle’s resale value.īut how has COVID-19, its impact on the global supply chain, availability of new vehicles, and price of used vehicles impacted the decision on whether a transmission repair is worth it? COVID-19 & Global Supply Chains The cost of transmission replacement varies tremendously but on average it runs between $3,000 and $6,000. They do this from sources such as Kelly Blue Book or identifying selling prices for comparable vehicles. Customers contemplating a transmission replacement typically research what their vehicle is worth. Transmission repair is often the second most expensive repair on a vehicle, behind an engine replacement.
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