As a global economic recession looms, it is a time of uncertainty for every aspect of our day-to-day lives. One of the often-overlooked effects of an economic downturn is the impact on vehicle ownership.
From people wondering whether they can afford to make car payments to holding off on that long-waited new car purchase, these uncertain times can be a daunting prospect for any vehicle owner, especially when driving is a necessary part of your daily life.
During times of financial hardship, people understandably need to cut back on spending, leading many vehicle owners to give up their roadside assistance memberships. It’s understandable when money is tight, and membership seems like a luxury that you could live without, with many taking their chances that they won’t require breakdown assistance, especially if their vehicle isn’t that old.
But this could be a huge mistake for any vehicle owner, as roadside assistance membership could be even more critical during an economic recession. So let’s take a closer look at three reasons why keeping your roadside assistance membership is essential during these uncertain times:
1. Peace of Mind
An economic recession is a stressful time to live in. Whether you’re living paycheck to paycheck or are worried about your employment, it’s a difficult time for everyone, which is why having peace of mind that you are included for a vehicle breakdown is always worthwhile.
With a good membership, you have the peace of mind that even if your car does break down or you get into a fender bender, you will always have coverage on hand to help you out of the situation. This is especially true if your job involves driving or commuting, as you can’t afford to be off the road for too long!
2. More Used Cars on the Road
During an economic recession, the used car market becomes even more significant, with many people opting for the more affordable option of buying a second-hand car. As a result, this is the biggest car market in the country, meaning more people are driving used cars than ever before.
While it’s an understandable route to take given the financial uncertainties of a recession, it does also mean more cars are susceptible to wear and tear on the roads. As a result, breakdowns are more likely to occur, whether it’s your car or another driver that causes an accident due to the condition of their vehicle.
So, keeping your roadside assistance membership ensures you are covered should you face issues on the road!
3. Less Vehicle Maintenance
Not only do we buy more used cars during a recession, but we also tend to overlook certain aspects of vehicle maintenance, as anything that isn’t 100% necessary may feel like an expense you can afford to avoid.
That means fewer people are getting their vehicles checked and doing routine car maintenance that can help avoid auto breakdowns, and as a result of this, there tend to be more breakdowns on the road.
Again, this could be your vehicle or someone else’s, with the chances of auto issues being more prevalent, highlighting the importance of keeping your roadside assistance membership.
We at RHODE ISLAND TOWING vigorously promote and encourage safe driving. However, we also know that sometimes things go wrong, and you may need roadside assistance in the future. When you need help with your vehicle while on the road, RHODE ISLAND Towing offers fast & reliable towing and roadside assistance – everywhere in Providence and surrounding cities. We will respond immediately on a 24/7 basis, giving us a call right now at 401-329-9792 if you need towing or any roadside assistance!