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If you’re shopping for a used car, you want to find a vehicle that won’t cost you an arm and a leg in repairs.
CarMD.com has just released its 2017 Vehicle Health Index, which ranks brands and vehicles for frequency of check engine light problems and average cost of repairs for various makes and models.
To come up with the rankings, it analyzed the check engine health of 4.2 million model year 1996 to 2017 vehicles.
RELATED: 3 sites you need to visit before you buy a used car
At least 10% of the cars and trucks on the road in the U.S. have a check engine light on at any given time, the study found.
One important note: CarMD says a loose, damaged or missing gas cap is one of the most common check engine light triggers, which is the case with the 2012 Mazda 5.
That’s why vehicles with a high percentage of finicky gas caps often have lower average repair costs.
CarMD found the following brands were least likely to need a check engine repair over the past year:
CarMD found that the 10 brands with the lowest average check engine light-related repair costs in 2017 were as follows:
CarMD found these 10 vehicles were least likely to need check engine repairs over the past year:
When the check engine light comes on, here’s the list of the 10 vehicles with the lowest average repair costs among those analyzed by CarMD over the past year:
The full detailed report with year-over-year scores and top 100 vehicle rankings is available at CarMD.com.
Money expert Clark Howard recommends that you buy a car that’s two or three years old because brand new cars begin to lose value the second they’re driven off the dealer’s lot.
With a used vehicle, you don’t eat that depreciation — a key benefit to buying a pre-owned car.
Finally, arrange auto financing in advance! Look at credit unions, online banks or even traditional banks. Only take dealer financing if it beats any other offer you have.
RELATED: The “Clark Smart” steps for buying a new car
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This post was last modified on December 19, 2017 7:53 am
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