Average cost of car maintenance Advertiser Disclosure Advertiser Disclosure We are an independent, advertising-supported comparison service. Our mission is to help you make better financial choices by providing you with interactive tools and financial calculators that provide objective and unique content, by enabling users to conduct research and compare information for free – so that you can make informed financial decisions. Bankrate has agreements with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover. How We Make Money The offers that appear on this site are from companies that compensate us. This compensation could affect how and when products are featured on this site, including such things as the sequence in which they be displayed within the listing categories, except where prohibited by law. Our mortgage or home equity, and also other home lending products. But this compensation does have no impact on the information we publish, or the reviews that you see on this site. We do not cover the vast array of companies or financial deals that could be accessible to you. Sturti/Getty Images
5 min read Published on October 12, 2022.
Authored by Rebecca Betterton Written by Auto Loans Reporter Rebecca Betterton is the auto loans reporter for Bankrate. She is a specialist in helping readers with the ins and outs of securely borrowing money to purchase an automobile. Written by Rhys Subitch Edited by Auto loans editor Rhys has been editing and writing for Bankrate since the end of 2021. They are passionate about helping readers gain the confidence to control their finances with clear, well-researched facts that break down complicated topics into bite-sized pieces. The Bankrate promise
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We make sure that everything we publish will ensure that our content is reliable, honest and reliable. Our loans reporter and editor concentrate on the things that consumers are interested about most — the various types of loans available, the best rates, the most reliable lenders, ways to repay debt, and more — so you can feel confident when investing your money. Integrity of the editing
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There are money-related questions. Bankrate can help. Our experts have been helping you master your money for over four years. We are constantly striving to provide our readers with the professional advice and tools needed to succeed throughout life’s financial journey. Bankrate follows a strict policy, which means you can be confident that our information is trustworthy and reliable. Our award-winning editors and journalists create honest and accurate content to help you make the right financial choices. Our content produced by our editorial team is objective, factual and uninfluenced through our sponsors. We’re honest about how we are in a position to provide quality content, competitive rates, and helpful tools to you , by describing how we earn money. Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated in exchange for placement of sponsored products and services, or by you clicking on certain hyperlinks on our website. This compensation could affect the way, location and when products appear in listing categories and categories, unless it is prohibited by law. This is the case for our mortgage, home equity and other home lending products. Other elements, such as our own rules for our website and whether or not a product is offered in the area you reside in or is within your own personal credit score may also influence the manner in which products appear on this site. While we strive to provide the most diverse selection of products, Bankrate does not include specific information on each credit or financial products or services. The price of vehicle ownership is a significant amount. When the time is right to buy your next car take into consideration the visits to the mechanics included. If you’re looking to have your oil changed or having tires replaced both range in cost, AAA found that drivers put on average $9,666 towards their vehicles in 2021. This is an increase of $279 over the previous year and as costs rise, it is important to plan for costs for your vehicle in order to determine which vehicle is best for you. Car maintenance basics average price to run a new car in 2021 was $9,666 The average driver spends $1,771 per calendar year to cover all of their insurance needs.. License Registration, taxes on vehicles and the like cost $699 per year For vehicles that are newer, it is recommended to have their oil changed every 5,000 to 7,500 miles 1 out of 3 motorists can’t afford unexpected vehicle repairs 7.9 percent of drivers delay their vehicle’s routine maintenance regular maintenance helps keep your vehicle running as it should and, consequently, keeps you and your passengers safe. Maintenance costs vary by kind of vehicle, its age, and location, however there are some basic maintenance requirements that almost every car needs. Most likely, your car is required to visit the mechanic for overall upkeep at least every 5,000 miles. However, you should consult your owner’s manual to find out more details about your vehicle’s requirements. While mechanics are here to assist you, they are trying to earn money. Therefore, while the majority of maintenance tasks require professional help, consider what you can handle at home, and you can save money. Maintenance
Every 5,000 to 7,500 miles
Between $35 and $75
Every 5 miles
Every 5,000 to 8,000 miles
Between $24 and $100
Every six months
From $10 to $45
Replacement of brake pad
Every 10,000 to 20,000 miles
$150 to $300 for replacing parts You will almost certainly need to replace certain parts of your vehicle due to general wear-and-tear or larger issues. Whatever what the cause, price for replacements is contingent on the component that requires replacing. Two common factors that influence price are the vehicle model — luxury vehicles carrying higher costs for parts -as well as the market price. Consumers also are directly affected by the rising cost from and the availability of car parts. Technicians rarely have spare batteries or transmissions, brakes or even brakes on hand and instead need to order the items. The shortages have impacted repair times, and there are still long wait times for parts. Reports from across the country continue to report delays in the delivery of components, and Cars.com states that there are ongoing shortages of inventory in mechanics and dealerships. Unfortunately, you should prepare for higher-than-normal replacement costs due to the rising cost of car parts. Similar to supply chain problems that have created fewer available cars, parts have been declining also. Parts of a vehicle
Costs to be expected
Every six years or between 25,000 and 80,000 miles
$45 to $250 each
Refilling the Air Filter (engine and cabin)
Every 15,000 to Every 30,000 to
From $35 to $80
Brake pad replacement
Every 10,000-20,000 miles
$115 to $370 Common delays have been reported for brake pads and batteries, as well as filters, and some tires. With fewer available parts, anticipate paying morestarting in 2021 according to Michael Chung, market intelligence director at Auto Care Association. Inflation is also an issue in along with delays in the cost of car parts has increased. Unexpected repairs Surprise costs are bound to come up when you own a vehicle. It could be an unintentional spill that stains an interior area of the vehicle or something more serious like an . In any case, it’s important to have extra money to be prepared in the event that unexpected repairs pop up. AAA discovered that a majority of people could not afford to cover the bill to cover an unplanned repair. Although these expenses are usually out of your control but you can reduce future stress by budgeting for the possibility of a worst-case. It is also important to research and find an repair shop that has an excellent reputation and reasonable prices. Reach out to your company to find out what they offer before spending money on repairs. Here’s a brief overview of the most common repairs that can occur and the expenses associated with these. Unexpected repair
Tires that are blown or flat
Between $10 and $250
From $1,200 to $6,000
Damage caused by weather
From $1,000 to $3,500
Between $50 and $3,000
100 to $1,500
$45 to $350
Broken starter motor
$80 to $1,100 Cost by brand The of a higher-end vehicle is higher than a regular car — and the maintenance required will cost more as well. Your warranty may even require you to handle maintenance at a specific dealership even for routine things like oil changes and mileage checks. The experience at a dealer can be more expensive , but offers the security of mechanics who are experts in your car’s make and model. While it might seem obvious that mid- or high-end vehicles require high-end upkeep, this is not always the case. Consider Dodge, for example. Although it is a mid-tier model, the annual maintenance cost can be as high as the cost Mercedes drivers have to pay. Take into consideration the costs that come with a car. It will depend on the number of times you be required to take it to the repair shop. However, even the simplest costssuch as gas will be more expensive when you opt to purchase premium gasoline. Study the average annual cost of different brands of cars to figure out the amount a car will cost you over the course of ownership. Vehicle brand
Annual maintenance cost for a car that is 10 years old
$338 Cost by vehicle type The brand of the vehicle is a significant factor in the cost of maintaining it, the type of vehicle is also a major influencer. The following is the cost of ownership for a vehicle for five years with 75,000 miles. AAA discovered this figure by calculating the depreciation, finance, fuel, insurance, license, registration taxes, maintenance repairs and tires. The lowest cost for maintenance of vehicles is electric vehicles. However, the half-ton pickup is the most expensive to maintain. Type of vehicle
Per mile cost in Cents
61.96 In these rates, vehicle maintenance is based on a variety of variables that are not a ideal formula for finding an affordable car. However, a smaller or less expensive vehicle is more likely to cost less. Electric vehicles are becoming more available across the market and can be a great alternative for those looking for lower maintenance costs. The bottom line Maintenance is a necessary part of vehicle ownership. If you know the cost of maintenance it is possible to budget for routine maintenance and surprise repairs. Research mechanics and consult the owner’s manual to ensure that you’re following the exact requirements of the vehicle you own.
The article was written by Auto Loans Reporter Rebecca Betterton is the auto loans reporter for Bankrate. She is a specialist in helping readers with the details of borrowing money to purchase an automobile. Edited by Rhys Subitch Edited by Auto loans editor Rhys has been writing and editing for Bankrate since late 2021. They are committed to helping readers to control their finances by providing precise, well-researched and relevant information that breaks down otherwise complex topics into manageable bites.
Auto loans editor
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