Archive for the ‘Discounts & Money’ Category

Erin SteppHarris Poll EquiTrend® study names AAA Insurance highest among competitors in familiarity, quality and purchase consideration

ORLANDO, Fla., July 29, 2014 AAA Insurance has earned “Brand of the Year” status for its property and casualty insurance offerings, according to the 2014 Harris Poll EquiTrend® study.

“AAA is honored to be recognized by American consumers as the highest-ranked property and casualty insurance brand,” says AAA Chief Operating Officer Marshall L. Doney. “AAA’s century-long commitment to provide our now 54 million members with top-notch service and member value extends to our automobile and home insurance offerings.”

Using an academically-vetted brand equity model that examines familiarity, quality and purchase consideration, Harris’ annual survey captures and analyzes over 40,000 American opinions on 1,500+ brands from 170 different industry categories.  Brand perceptions, such as emotional connection, functional attributes, brand awareness, influence and familiarity are measured and ranked against key competitors in each category.  In 2014, AAA Insurance ranked highest among 12 competitors in the Property & Casualty Insurance category, scoring 13 percent higher than the category average.

“For more than 100 years, AAA has been committed to offering superior insurance products at very competitive rates,” continued Doney. “Whether at home, on the highway, or in preparation of life’s unexpected changes, AAA Insurance provides our members with peace of mind for the road ahead.”

AAA Insurance received the highest numerical Equity Score among Property & Casualty Insurance brands included in the 2014 Harris Poll EquiTrend Study, which is based on opinions of 41,806 U.S. consumers ages 15 and over surveyed online between January 3 and January 31, 2014.  Individual opinions may differ.  “Highest Ranked” was determined by a pure ranking of a sample of Property & Casualty Insurance brands. To learn more about AAA Insurance, visit a local AAA club, or online AAA.com.

As North America’s largest motoring and leisure travel organization, AAA provides more than 54 million members with travel, insurance, financial and automotive-related services. Since its founding in 1902, the not-for-profit, fully tax-paying AAA has been a leader and advocate for the safety and security of all travelers. AAA clubs can be visited on the Internet at AAA.com.

New chip technology will increase acceptance and security of AAA credit cards for consumers traveling and spending abroad

ORLANDO, Fla., (September 10, 2012) – Americans traveling to international destinations have been challenged by the technology gap between magnetic stripe credit cards issued in the United States and chip-enabled cards widely accepted abroad. AAA, North America’s largest leisure travel organization, announces the rollout of chip technology on its credit cards for current cardholders through our partner Bank of America.

“Chip-enabled cards will expand purchase options, add convenience and transaction security for Americans traveling abroad,” said Siobhan O’Donnell, director, AAA Financial Services Sales and Marketing. “We are pleased to provide this new technology to cardholders which will enhance their international travel experiences.”

Credit cards with chip technology, which is also known as EMV (EuroPayMasterCard Visa), are embedded with a microprocessor chip that encrypts and stores the account information. Many countries outside the United States have already converted from magnetic stripe to EMV chip technology.

AAA’s new chip-enabled credit cards will continue to prompt customers to sign for transactions just as they would today. The cards also include the traditional magnetic stripe, which is used by U.S. merchants.

Current AAA credit cardholders are able to request the chip card option by calling the customer service number on the back of their card. Chip cards will be rolled out for new cardholders later this year. For more information visit AAA.com/creditcard.

As North America’s largest motoring and leisure travel organization, AAA provides more than 53 million members with travel, insurance, financial and automotive related services. Since its founding in 1902, the not-for-profit, fully tax-paying AAA has been a leader and advocate for the safety and security of all travelers. AAA clubs can be visited on the Internet at AAA.com.

 

Members are eligible for savings on a new wardrobe, school supplies, dorm décor, computers and more

ORLANDO, Fla., August 17, 2012 – Families with children in grades K-12 will spend an average of $688.62 on apparel, school supplies and electronics, according to the National Retail Federation. New clothes, school supplies and electronics can help get students excited for the academic year, but these supplies can be very costly. AAA members shopping with Show Your Card & Save® partners can save on everything from crayons to dorm room décor, as well as laptops, clothing and prescription eye glasses.

“Prepping for the new school year can put a strain on household budgets,” said Gail Acebes, director, AAA Partnership Programs. “AAA wants to remind members that the same card in their wallet that offers the security of roadside assistance can lead to substantial savings on everything needed for a successful academic year.”

AAA members can save on back-to-school shopping at many retailers including:

  • DELL®: Up to 10, 20, 30 percent or more on select items
  • New York & Company: 15 percent off regular priced clothing
  • Sprint:  10 percent off monthly service plan and waived activation fee on all new line activations on select plans.
  • Target.com: 10 dollars off online purchase of 100 dollars or more
  • Payless ShoeSource®: 10 percent off regularly priced shoes and accessories
  • Reebok:  20 percent off with free shipping to U.S. addresses when shopping online at AAA.com/reebok
  • Sylvan Learning : 50 percent off Sylvan Skills Assessment,15 percent off tuition of a Sylvan program and one month free subscription to SylvanMathPrep.com
  • LensCrafters®, Pearle Vision®, Sears Optical®, Target Optical®: members receive 30 percent off complete pairs of eyewear, sunglasses and accessories

Additionally, Show Your Card & Save discounts are available at popular outlets including Tanger Outlet Centers®, Reebok® and Rockport® Outlet Stores, Gap Outlet and Banana Republic Factory Outlet Stores. AAA members can find even more savings from brands like K-Mart, Kohls, Office Max, Shoes.com and more when they visit AAA.com/specialoffers.

Visit AAA.com/discounts for details, a full listing of offers and restrictions. AAA members can easily find their way to savings by downloading the AAA Mobile app, available for iPhone and Android compatible devices. The free, GPS-based “app” displays retail locations of AAA Show Your Card & Save partners near user locations.

Last year, members saved more than $1.5 billion by taking advantage of AAA/CAA discounts including those available through the Show Your Card & Save® program for an average member savings of $102. AAA’s Show Your Card & Save program is one of the largest member discount programs in the world offering more than 164,000 locations for savings worldwide including 110,000 retail locations in North America and popular online retailers. Visit AAA.com/discounts for a complete list of retailers and offers.

As North America’s largest motoring and leisure travel organization, AAA provides more than 53 million members with travel, insurance, financial and automotive-related services. Since its founding in 1902, the not-for-profit, fully tax-paying AAA has been a leader and advocate for the safety and security of all travelers. AAA clubs can be visited on the Internet at AAA.com.

Exclusive savings available on hotel stays, theme park tickets, car rentals and more

ORLANDO, Fla., (May 4, 2012) – As the summer travel season approaches many Americans will be carefully planning a vacation within their budget. A little research and advance planning can result in big savings. Last year AAA/CAA members saved nearly 2 billion dollars using AAA discounts and the Show Your Card & Save® program. AAA recommends travelers take advantage of cheaper prices by booking early and researching any available discounts such as those available to AAA members on hotels, car rentals and attraction tickets.

“Higher gas prices and tight household budgets continue to cause anxiety for some travelers who are currently planning a summer getaway,” said Gail Acebes, director, AAA Partnership Programs. “AAA is pleased to offer members many discounts on travel products and services that will ease the financial burden of a memorable vacation.”

AAA membership provides extensive discounts to make a summer getaway more affordable. The following is a partial list of travel discounts available to AAA members:

Lodging Discounts

AAA members who stay at AAA preferred hotels receive discounts ranging from five to 15 percent off the best available rate and the comfort of a 100 percent satisfaction guarantee. Preferred hotels include Best Western, Hyatt Hotels & Resorts, The Hilton Family including Hampton; Marriott brands including Renaissance; and Starwood Hotels & Resorts including Sheraton and Westin.

Lodgings vary greatly by cost and amenities. AAA categorizes its 31,000 AAA Approved hotels on a scale of One to Five Diamonds to help travelers identify properties that meet their needs and budget.

Car Rental Discounts

As the exclusive car rental partner of AAA, Hertz offers members a wide variety of money-saving  discounts and exclusive offers.  AAA member benefits include the guaranteed best rate available at time of reservation by booking channel; reduced rate for NeverLost®GPS, Hertz’s customized on-board navigational system, a discount on Hertz prepaid rates, a discount on the Fuel Purchase Option, no charge for additional qualified AAA drivers, free use of a child safety seat and more.

Savings on Train Travel and Sightseeing Activities

Whether heading home for a summer holiday or to another great North American destination, AAA members are eligible for exclusive savings on train travel. Members receive 10 percent off Amtrak passenger rail fares with three-day advance booking by visiting AAA.com/amtrak. Members also receive 10 percent off Gray Line sightseeing tours of one day or less by visiting AAA.com/grayline.  

AAA offers discounts at some of the most popular attractions for a summer getaway. In addition to saving on tickets and admission fees, AAA members save 10 percent at select merchandise and dining locations at Universal Orlando® Resort and Universal Studios HollywoodSM. Visit a AAA office at home or at your destination for additional AAA area discounts.

Stock up on Summer Travel Supplies

Additional savings can be found on summer travel supplies including clothes, bathing suits, film, sunscreen and even a new book to read pool-side at many retailers including:

  • Target.com:  $10 off online purchases of $100 or more
  • Banana Republic Factory Stores: 10 percent off on all purchases
  • Gap Outlet: 10 percent off on all purchases
  • Payless Shoesource: 10 percent off regularly priced merchandise

Travel Planning

Although last minute discounts can be found on travel, typically the best bargains and availability are accessible to those who book in advance.  If you are planning a complex summer vacation consider visiting a travel agent. A qualified travel agent, such as your AAA travel agent, works directly with travel providers and will be better equipped to negotiate discounts for you and advise you on other savings or benefits that may be available. 

Finding discounts on the road has never been easier. AAA now offers digital and mobile travel planning tools for travel planning ‘on the go’ including free apps that can map a route and locate AAA Discounts and gas prices near a user’s location. Visit AAA.com/mobile for more information.

Travelers can find AAA Approved and Diamond Rated hotels and restaurants in the TourBook® guides available at AAA offices, the eTourBook guides at AAA.com/ebooks, online at AAA.com/Travel and from smartphones using AAA Mobile Web or the free apps at AAA.com/mobile.

Last year, members saved nearly $2 billion by taking advantage of AAA/CAA discounts including those available through the Show Your Card & Save® program. AAA’s Show Your Card & Save program is one of the largest member discount program in the world offering more than 164,000 locations for savings worldwide including 110,000 retail locations in North America and popular online retailers. Visit AAA.com/discounts for a complete list of retailers and offers.

As North America’s largest motoring and leisure travel organization, AAA provides more than 53 million members with travel, insurance, financial and automotive-related services. Since its founding in 1902, the not-for-profit, fully tax-paying AAA has been a leader and advocate for the safety and security of all travelers. AAA clubs can be visited on the Internet at AAA.com.

Members are eligible for savings on Valentine gifts including candy, flowers, jewelry and more  

ORLANDO, Fla., (Jan. 27, 2012) –Money may not buy love, but saving money on gifts is a wise move for budget conscious shoppers looking  to let the special people in their lives know they are thinking of them this February. Last year AAA’s 52 million members used their membership cards to save nearly $2 billion on hotels, jewelry, books, clothing and more. Members also will find discounts on sending gifts to loved ones including flowers and chocolates. 

“Most members are aware of the discounts available for planning a romantic getaway, but we are committed to providing additional benefits and discounts for AAA members on everyday expenses including gift giving for loved ones,” said Gail Acebes, director, AAA Partnership Programs. “The same card that provides peace of mind with emergency roadside rescue and free travel guides and maps can provide savings on household repairs, pet care, jewelry and more.”

Savings to spoil your sweetheart this February

AAA members can save on shopping at many retailers including:

  • 1-800Flowers: 20 percent off product price
  • FTD: 20 percent off floral arrangements, plants or gifts
  • Blue Nile: 10 percent off fine jewelry and ring settings
  • Target.com:  $10 off online purchases of $100 or more

AAA members can find more online savings by visiting AAA.com/specialoffers including:

  • Bath & Body Works: 25 percent off purchases at AAA.com
  • Harry and David: 20 percent off purchase of $50 or more at AAA.com
  • Zales.com: $25 off orders more than $200 at AAA.com

Visit AAA.com/discounts for details and a full list of offers. AAA members can easily find their way to savings by downloading the AAA Discounts app, available for iPhone and Android compatible devices. The free, GPS-based “app” displays retail locations of AAA Show Your Card & Save partners near user locations. 

AAA travel discounts

Planning a romantic getaway is the perfect expression of love in celebration of  Valentine’s Day. AAA members can take advantage of discounts and exclusive rates through AAA’s travel partners including hotel partners and Hertz car rental. AAA, which operates one of the largest leisure travel agency networks in North America, is able to provide access to unmatched travel value.

Show Your Card & Save I Heart Discounts Sweepstakes

AAA’s Savings Sweepstakes offers a chance to win an iPad® 2 or one of thousands of instant win prizes.  Visit AAA.com/PlayToWin for details and to enter daily through February 29, 2012.   

Last year, members saved nearly $2 billion by taking advantage of AAA/CAA discounts including those available through the Show Your Card & Save® program. AAA’s Show Your Card & Save program is one of the largest member discount program in the world offering more than 164,000 locations for savings worldwide including 110,000 retail locations in North America and popular online retailers. Visit AAA.com/discounts for a complete list of retailers and offers.

As North America’s largest motoring and leisure travel organization, AAA provides nearly 53 million members with travel, insurance, financial and automotive-related services. Since its founding in 1902, the not-for-profit, fully tax-paying AAA has been a leader and advocate for the safety and security of all travelers. AAA clubs can be visited on the Internet at AAA.com.

ORLANDO, Fla., November 18, 2011 –

Members are eligible for savings on clothing, computers, toys, books, movies and more

For many Americans the start of the holiday shopping season brings anxiety instead of cheer due to tight household finances. Rather than adding intended gift recipients to the naughty list, AAA members can stretch their gift-giving budgets by taking advantage of member discounts. Last year AAA’s 52 million members used their membership cards to save nearly $2 billion on hotels, consumer electronics, books, clothing and more. Members also will find discounts on holiday gifts online, sending gifts to out-of-state relatives or making holiday travel plans.

“As Black Friday approaches some holiday shoppers are analyzing their holiday budgets with trepidation,” said Gail Acebes, director, AAA Partnership Programs. “When AAA members reach for their wallet they should remember that the same card they use for emergency roadside service and free travel guides and maps can provide savings on their holiday shopping.”

AAA members can save on holiday shopping at many retailers including:

  • Gap Outlet and Banana Republic Factory Outlet Stores: 10 percent off purchases
  • Barnes & Noble®.com: 10 percent off and free shipping on qualifying orders of $25 or more
  • DELL®: Up to 10, 20, 30 percent or more on select items.
  • Shoes.com: 20 percent off most brand name shoes, including sale and clearance items
  • Payless ShoeSource®: 10 percent off regularly priced shoes and accessories
  • Bath & Body Works: 25 percent off your online purchase
  • Blue Nile:10 percent on fine jewelry and ring settings
  • Target.com: save $10 off online purchases of $100 or more

AAA members can find more online savings by visiting AAA.com/specialoffers including 15 percent off your purchase at The Children’s Place, 15 percent off orders more than $100 at Kohls.com, 10 percent off travel item orders at Vera Bradley and $10 off orders of $90 or more at JC Penney. Additionally, Show Your Card & Save discounts are available at popular outlets including Tanger Outlet Centers® and Reebok®, Rockport® Outlet Stores.

Send a gift direct to loved ones

Can’t attend holiday festivities but want to spread some holiday cheer? Send a centerpiece or gift basket from FTD.com or 1800flowers.com where members receive a 20 percent discount off any floral arrangement, plant or gift item. Still need to ship a gift? AAA members receive 15 percent off select services and five percent off UPS shipping at The UPS Store.

Visit AAA.com/discounts for details and a full list of offers. AAA members can easily find their way to savings by downloading the AAA Discounts app, available for iPhone and Android compatible devices. The free, GPS-based “app” displays retail locations of AAA Show Your Card & Save partners near user locations.

AAA travel discounts

When holiday plans include travel, AAA members can take advantage of discounts and exclusive rates through AAA’s travel partners including hotel partners and Hertz car rental. AAA, which operates one of the largest leisure travel agency networks in North America, is able to provide access to unmatched travel value.

Show Your Card & Save Holiday Sweepstakes

AAA’s Holiday Savings Sweepstakes offers a chance to win an iPad® 2 or one of thousands of instant win prizes.  Visit AAA.com/PlayToWin for details and to enter daily through February 29, 2012.

Last year, members saved nearly $2 billion by taking advantage of AAA/CAA discounts including those available through the Show Your Card & Save® program. AAA’s Show Your Card & Save program is one of the largest member discount program in the world offering more than 164,000 locations for savings worldwide including 110,000 retail locations in North America and popular online retailers. Visit AAA.com/discounts for a complete list of retailers and offers.

As North America’s largest motoring and leisure travel organization, AAA provides nearly 52 million members with travel, insurance, financial and automotive-related services. Since its founding in 1902, the not-for-profit, fully tax-paying AAA has been a leader and advocate for the safety and security of all travelers. AAA clubs can be visited on the Internet at AAA.com.

AAA Financial Services Program Reaches $3 Billion in Deposits Providing Members Valuable Savings Options

ORLANDO, Fla., October 14, 2011

AAA’s three-and-a-half year old AAA Deposit Program with Discover Bank is celebrating a milestone accomplishment by reaching $3 billion in deposits, up from $2 billion only one year ago.  Members participating in the AAA Deposit program earn preferred member rates on FDIC-insured deposits.

 Achieving the $3 billion milestone was driven by the AAA Deposit Program’s preferred member interest rates and the trust and security that members have in the AAA brand,” said Marshall L. Doney, AAA Vice President, Automotive and Financial Services.  “During these uncertain economic times, it is more important than ever for Americans to stay focused on their financial future.” 

“AAA is pleased that members are utilizing the AAA Deposit Program to achieve their present and future savings goals,” continued Doney.   

A sound financial strategy should include three types of savings: short-term savings accounts and money market accounts that are easily accessible; medium-term, pre-retirement savings accounts that generate extra income for retirement, such as certificates of deposits; and long-term savings for retirement with tax-advantaged options, such as individual retirement accounts. 

 The AAA Deposit Program is available at AAA.com/Deposits and offers AAA members these savings options, all with preferred member rates and FDIC insurance up to applicable limits:

 

Certificates of Deposit

The AAA Deposit Program’s backbone, Certificate of Deposit accounts offer no minimum deposit to open and terms from 3 months to 10 years, providing the flexibility to meet a variety of needs.

 Online Savings Accounts

AAA’s newest savings option is a highly-competitive online savings account, offering rates that are currently more than five times the national savings average1, a low $500 minimum deposit to open, plus no minimum balance required after opening.

 Money Market Accounts

Enjoy easy access while earning great interest rates.  Money Market accounts offer access by check, debit card, online and ATM. Make fast and easy online money transfers2, plus there’s no minimum deposit required to open3.

 Individual Retirement Accounts

The AAA Deposit program offers members both Traditional and Roth IRA CDs.  Secure a great rate, enjoy flexible terms from 3 months to 10 years, and watch your retirement savings grow with the tax-advantaged option that works best for you.

The AAA Deposit Program, or portions thereof, may not be available in all areas. AAA members can open AAA Deposit accounts at AAA.com/Deposits.

As North America’s largest motoring and leisure travel organization, AAA provides more than 52 million members with travel, insurance, financial and automotive-related services. Since its founding in 1902, the not-for-profit, fully tax-paying AAA has been a leader and advocate for the safety and security of all travelers. Visit AAA clubs on the Internet at AAA.com.

Founded in 1911, Discover Bank is one of the 100 largest banks in theUnited Statesand an affiliate of Discover Financial Services. Discover Bank offers certificates of deposit, money market, and online savings accounts, and other financial products and services. For more information, visit discoverbank.com

1National Average APYs based on rates of top 50U.S. banks by deposit provided by Informa Research Services, Inc. as of 9/20/11.

2You may make up to six preauthorized transfers from your money market account per statement cycle, including automatic and telephone transfers.

3 There is no minimum deposit required to open an account, however money market accounts must have an average daily balance of at least $1,500 beginning on the third statement cycle otherwise a monthly minimum balance fee will be charged.

ORLANDO, Fla. – August 22, 2011

AAA members offered additional savings on wireless services through expanded partnership

Heather HunterWireless carrier Sprint, a AAA partner since 2001, has joined the motor club’s Show Your Card & Save Program® to offer members additional discounts and benefits on wireless services.

“We are pleased to announce our expanded partnership with Sprint to assist AAA members in managing household budgets,” said Gail Acebes, director, AAA Partnership Programs. “At a time when saving money remains a priority for many of our members, AAA is committed to expanding member discounts on everyday purchases.”

AAA members also receive free FindMeSM services which allow any AAA member who is a Sprint subscriber with a newer phone to have their GPS location instantly transmitted to AAA Roadside Assistance when calling for help. AAA FindMe does not require any special downloads or apps. Members can subscribe to AAA FindMe by registering their Sprint mobile phone number and AAA membership number for free at AAA.com/AAAFindMe.

Sprint mobile customers can quickly access AAA Roadside Assistance by simple dialing *AAA (or *222). Members also have access to Sprint’s “Ready Now” program, which helps members learn about their handsets.

Last year, members saved nearly $2 billion by taking advantage of AAA/CAA discounts including those available through the Show Your Card & Save® program. AAA’s Show Your Card & Save program is one of the largest member discount programs in the world offering more than 164,000 locations for savings worldwide including 110,000 retail locations in North America and popular online retailers. Visit AAA.com/discounts for a complete list of retailers and offers.

About Sprint

Sprint, who served more than 52 million customers by the end of 2nd Quarter 2011, is recognized as the first national carrier in the United States to develop, engineer and deploy wireless 4G service, among other technology innovations. In addition, Newsweek ranked Sprint No. 6 in its 2010 Green Rankings, listing it as one of the nation’s most environmentally friendly companies.

About AAA

As North America’s largest motoring and leisure travel organization, AAA provides more than 52 million members with travel, insurance, financial and automotive-related services. Since its founding in 1902, the not-for-profit, fully tax-paying AAA has been a leader and advocate for the safety and security of all travelers. AAA clubs can be visited on the Internet at AAA.com.

ORLANDO, Fla. – August 19, 2011

Members are eligible for savings on a new wardrobe, school supplies, dorm décor, computers and more 

Heather HunterAccording to the National Retail Federation families with children in grades K-12 will spend an average of $603.63 on apparel, school supplies and electronics, while college students and their parents will spend $808.71. Preparing students for the school year can be very costly, but smart shoppers will take advantage of discounts to stretch back-to-school budgets. AAA members shopping with Show Your Card & Save® partners can save on everything from crayons to dorm room décor, as well as clothing and prescription eye glasses. AAA’s Back-to-School Sweepstakes offers a chance to win an iPad® 2 or one of thousands of $10 gift cards.

“Getting ready for the new school year can put a strain on household budgets,” said Gail Acebes, director, AAA Partnership Programs. “AAA is pleased to offer its members many great ways to save on everything needed for a successful academic year.”

AAA members can save on back-to-school shopping at many retailers including:

  • Gap Outlet and Banana Republic Factory Outlet Stores: 10 percent off purchases
  • Barnes & Noble®.com: 10 percent off and free shipping on qualifying orders of $25 or more
  • DELL®: Up to 10, 20,30 percent or more on select items
  • Sprint: 10% off monthly service plan and waived activation fee on all new line activations on select plans.
  • Shoes.com: 20 percent off most brand name shoes, including sale and clearance items
  • Payless ShoeSource®: 10 percent off regularly priced shoes and accessories
  • Sylvan Learning : 50 percent off Sylvan Skills Assessment,15 percent off tuition of a Sylvan program and one month free subscription to SylvanMathPrep.com
  • LensCrafters®, Pearle Vision®, Sears Optical®, Target Optical®: members receive 30 percent off complete pairs of eyewear, sunglasses and accessories

Additionally, Show Your Card & Save discounts are available at popular outlets including Tanger Outlet Centers® and Reebok®, Rockport® Outlet Stores. AAA members can find even more savings by visiting AAA.com/specialoffers including five percent off and free shipping for online orders more than $50 at OfficeMax.com and 15 percent off online orders more than $100 at Kohls.com.

Visit AAA.com/discounts for details and a full list of offers. AAA members can easily find their way to savings by downloading the AAA Discounts app, available for iPhone and Android compatible devices. The free, GPS-based “app” displays retail locations of AAA Show Your Card & Save partners near user locations.

AAA’s Back-to-School Sweepstakes offers a chance to win an iPad® 2 or one of thousands of instant win prizes. Visit AAA.com/PlayToWin for details and to enter daily through February 29, 2012.

Last year, members saved nearly $2 billion by taking advantage of AAA/CAA discounts including those available through the Show Your Card & Save® program. AAA’s Show Your Card & Save program is one of the largest member discount program in the world offering more than 164,000 locations for savings worldwide including 110,000 retail locations in North America and popular online retailers. Visit AAA.com/discounts for a complete list of retailers and offers.

As North America’s largest motoring and leisure travel organization, AAA provides nearly 52 million members with travel, insurance, financial and automotive-related services. Since its founding in 1902, the not-for-profit, fully tax-paying AAA has been a leader and advocate for the safety and security of all travelers. AAA clubs can be visited on the Internet at AAA.com.

ORLANDO, Fla., August 3, 2011

One in four American drivers could not pay for a car repair of $2,000 if faced with one today, according to the results of a survey released by AAA. The survey also found one in eight would be unable to pay for a repair bill of $1,000.

Christie HydeMore than half of American drivers also said they are holding onto their older vehicle because they do not want the financial burden of a new one. And, one quarter of drivers admitted to neglecting repairs and maintenance on their vehicles in the past 12 months due to the economic climate, which AAA Automotive experts say can greatly increase the likelihood of their car needing a costly, major repair.

Additional Resources

“Economic conditions have taken their toll on many Americans resulting in them neglecting their cars and leaving them at increased risk for very expensive repair bills,” said Marshall L. Doney, AAA Vice President, Automotive and Financial Services. “Many Americans rely on their cars for their livelihood and losing access to them could be financially devastating during an already troubling economic time.

“It’s important for drivers to not only continue to maintain their vehicles, but also have a financial emergency plan in place should they be faced with a sudden unexpected auto repair bill,” continued Doney.

According to the survey, 38 percent of American drivers could pay for a $2,000 repair bill with funds in a savings account, while 20 percent would pay with their credit card. Eleven percent said they would have to borrow money from their friends, family, retirement or home equity in order to pay for a $2,000 repair.

Slightly more Americans reported being able to pay for a $1,000 repair bill with 46 percent saying they could use savings and 22 percent using a credit card. Fourteen percent would look to borrow from their friends, family, retirement or home equity.

AAA Automotive experts explain that a $1,000, $2,000 or higher repair bill can quickly appear – especially on older vehicles that have not been properly maintained. While repair costs can vary greatly by make, model and type of repair, a transmission repair can be $2,000 to $4,000, while an engine repair can exceed $5,000. Major brake repairs may range from $350 to $1,000, and a new set of tires can run from $300 to more than $1,000.

AAA offers several services to help members prepare for and save on costly repair bills including:

  • AAA Approved Auto Repair – AAA inspects and approves nearly 8,000 auto repair shops in the U.S. and Canada. Approved shops meet tough professional standards for customer service, cleanliness, equipment and training. All AAA members receive a free maintenance inspection upon request in conjunction with any other paid service. Additionally, many AAA Approved Auto Repair shops participate in the AAA Show Your Card & Save program, providing discounts on repair and maintenance to AAA members. A listing of nearby approved shops is available at AAA.com/Repair.

 

  • AAA Online Savings – AAA encourages Americans to have an emergency fund set aside for unexpected expenses such as costly auto repair bills. AAA offers an Online Savings Account through Discover Bank that provides easy access to funds in the event of an emergency. Additionally, the AAA Online Savings Account offers special AAA member-only interest rates, more than five times the national average, according to Informa Research Services, with interest compounded daily for maximum earnings. Members can open a AAA Online Savings Account at AAA.com/Deposits.

 

  • AAA Member Rewards Visa – For those who pay for auto repairs with their credit card, the AAA Member Rewards Visa® credit card offers members an opportunity to earn vouchers good towards auto repairs at AAA Approved Auto Repair facilities. In addition to 2,500 bonus points, members receive one point for every dollar they spend, with triple points on AAA and travel purchases and double points on gas, grocery and drug store purchases. Members can redeem as little as 5,000 points for a voucher good at any AAA Approved Auto Repair facility, allowing this month’s repair bill to help pay for future ones. Members can apply for the AAA Member Rewards at AAA.com/CreditCard.

Some AAA products may not be available in all areas. Members should contact their local AAA club with questions about availability.

The telephone survey was conducted among a sample of 1,009 adults, 18 years of age and older, living in the continental United States. The survey has an average statistical error of ±3.6 percent at the 95 percent confidence level for all U.S. adults.

As North America’s largest motoring and leisure travel organization, AAA provides more than 52 million members with travel, insurance, financial and automotive-related services. Since its founding in 1902, the not-for-profit, fully tax-paying AAA has been a leader and advocate for the safety and security of all travelers. AAA clubs can be visited on the Internet at AAA.com.

Podcasts

B-Roll

YouTube Videos

AAA Senior Driver Expos

NewsRoom Video Gallery

Media: Find and Download AAA Videos and B Roll.