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Americans admit to ignoring their “check engine” light for an average of four months before addressing it, according to new research.<br/><br/>A new survey of 2,000 American car owners revealed that one in five (20%) even admit to putting it off between six and 18 months.<br/><br/>This may be because almost one-third (32%) will wait “as long as possible” before bringing their car in to get serviced.<br/><br/>In fact, another 39% are likely to wait for an incident or for something to break before even considering bringing their car in for service.<br/><br/>The research also revealed that 35% regret putting their car care off — resulting in unexpected repair fees (39%), emotional stress (22%) and even a roadside emergency (21%).<br/><br/>And while the average American feels that preventative car care is important (93%), almost half (48%) said they push back getting their car serviced because of financial constraints.<br/><br/>Conducted by OnePoll on behalf of Pep Boys, the data showed that when it comes to car care, Americans are prioritizing some things over others with exterior light issues (11%), window and windshield cracks (9%) and the radio or sound system (3%) ranking at the bottom of the list.<br/><br/>Americans have had their current car for an average of seven years and 93% own their car, compared to leasing it (7%).<br/><br/>Each year, the average respondent spends more than $400 on car maintenance ($438) and estimates that they’ve spent an astounding $6,272 in total servicing their current car over the years.<br/><br/>To get their car serviced, Americans are most likely to go to a dealership (31%) or a local mechanic (27%) and the majority (62%) do so every three to six months.<br/><br/>In relation to their other responsibilities, 38% of respondents said caring for their car is a “very high” priority.<br/><br/>Despite this, 21% feel like their car is going to break down any day now.<br/><br/>When asked what would cause the most stress if repairs were needed, engine trouble (66%), bad brakes (33%) and fuel system issues (31%) ranked as the top three.<br/><br/>In fact, 26% even admit that their car stresses them out more than their finances or even personal relationships (14%).<br/><br/>Despite these worries, only 32% of respondents wished they lived somewhere a car wasn’t necessary, perhaps because the majority (65%) don’t believe that life would be easier without one — an indicator of just how important they are to our lives.<br/><br/>WHAT CAR REPAIRS STRESS OUT AMERICANS THE MOST?<br/>● Engine - 66%<br/>● Brakes - 33%<br/>● Fuel system - 31%<br/>● Exhaust system - 16%<br/>● Tires - 15%<br/>● AC/heat unit - 15%<br/> <br/>Survey methodology:<br/>This random double-opt-in survey of 2,000 American car owners aged 25+ was commissioned by Pep Boys between March 29 and April 8, 2024. It was conducted by market research company OnePoll, whose team members are members of the Market Research Society and have corporate membership to the American Association for Public Opinion Research (AAPOR) and the European Society for Opinion and Marketing Research (ESOMAR).
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Subaru
⏲ 1 minute 1 second 👁 99.4K
Cars.com
⏲ 3 minutes 15 seconds 👁 18.3K
Rock 'n' Roll guitarist Duane Eddy dies at 86. The Rock & Roll Hall of Famer was credited as the first stand alone guitarist of the genre. Best known for his iconic 'twang' sound, Eddy inspired a generation of other artists including Bruce Springsteen, George Harrison, and Steve Earle. He passed away on Tuesday following a battle with cancer. Electric Light Orchestra keyboardist Richard Tandy dies at 76. With a career spanning over 50 years, Tandy made a remarkable impact on creating the band's iconic synth sound. He joined ELO in 1972 until they split in 1986, but rejoined when founding member Jeff Lynne revived the group in 2014. His passing was revealed by Lynne on social media, writing 'He was a remarkable musician & friend and I'll cherish the lifetime of memories we had together.' UMG and TikTok agree on new licensing deal with music catalog to return to the app. After a 3 month standoff, the two companies have come to terms on a new agreement which will allow music from all UMG represented artists to return to the app. In a statement on the UMG website, CEO Lucian Grainge states 'This new chapter in our relationship with TikTok focuses on the value of music, the primacy of human artistry and the welfare of the creative community. Mrs. Doubtfire original cast members reunite. Lisa Jakub, Matthew Lawrence and Mara Wilson who played the Hillard siblings in the 1993 film reunited in a photo shared on social media. The trio reminisced on their time with the film in their own individual posts, writing 'So funny that the same week I went to San Francisco, I got to reunite with my Doubtfire siblings!' and 'still feel like my siblings- even 30 years after filming Mrs Doubtfire.' In today's birthday news: singer Engelbert Humperdinck turns 88, actress Christine Baranski 72, designer Donatella Versace 69, musician Alain Johannes 62, actor/wrestler Dwayne 'The Rock' Johnson 52, athlete David Beckham 49, actress Ellie Kemper 44, and race car driver Kyle Busch 39.
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Alex Prestigiacomo
⏲ 7 minutes 24 seconds 👁 113.6K
Scotty Kilmer
⏲ 12 minutes 21 seconds 👁 184.9K
John Hope Bryant, the CEO of nonprofit Operation HOPE, joins Forbes senior writer Jabari Young at the Nasdaq MarketSite to discuss his new book, “Financial Literacy For All.” Additionally, Bryant updates his $130 million initiative with e-commerce platform Shopify to create one million Black-owned businesses by 2030.<br/><br/>0:00 Introduction<br/>2:05 John Hope Bryant On The State Of Economics Worldwide <br/>4:41 Americans Living Paycheck To Paycheck<br/>10:28 John Hope Bryant's book Financial Literacy For All<br/>17:18 How Does One Build Wealth With A Partner?<br/>21:23 Wealth Building No Matter Where You Live<br/>25:10 John Hope Bryant On Being CEO Of Operation HOPE <br/>30:55 Life Economically After The Pandemic<br/>33:06 Interest Rates, Car Buying, And Major Purchases: How Should You Approach Them?<br/>35:52 John Hope Bryant On The U.S.' Political State And Impact On Economy<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
⏲ 39:36 👁 6.6M
The_Car_Mom
⏲ 17 minutes 45 seconds 👁 41K
Subaru
⏲ 42 seconds 👁 132.6K
Carvana shares soared over 30% in after-hours trading after reporting first-quarter revenue of more than a billion, beating analyst estimates. The company forecast a sequential rise in adjusted core profit and retail unit sales growth, surprising analysts who expected a sales decline. Adjusted earnings before interest, tax, depreciation, and amortization were more than $200 million, exceeding estimates. Carvana's inventory of unsold used vehicles on dealer lots rose 9% from a year ago. High interest rates have pushed some consumers to the used car market for better deals than new vehicles.
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Alex Prestigiacomo
⏲ 20 minutes 14 seconds 👁 40.4K
Alex Prestigiacomo
⏲ 10 minutes 43 seconds 👁 93.5K
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