Average cost of car maintenance Advertiser Disclosure Advertiser Disclosure We are an independent, advertising-supported comparison service. Our goal is to help you make better financial decisions by offering you interactive tools and financial calculators as well as publishing authoritative and original content, by enabling users to conduct research and compare information for free to help you make financial decisions with confidence. Bankrate has partnerships with issuers including, but not limited to American Express, Bank of America, Capital One, Chase, Citi and Discover. How We Earn Money The offers that appear on this site come from companies who pay us. This compensation may impact how and where products appear on this site, including, for example, the order in which they be listed within the categories of listing and other categories, unless prohibited by law. Our mortgage, home equity and other home lending products. However, this compensation will affect the information we publish, or the reviews you see on this site. We do not cover the entire universe of businesses or financial offerings that might be open to you. Sturti/Getty Images
5 minutes read. Published October 12, 2022
Written by Rebecca Betterton Written by Auto Loans Reporter Rebecca Betterton is the auto loans reporter for Bankrate. She specializes in helping readers in navigating the ways and pitfalls of taking out loans to buy an automobile. Edited by Rhys Subitch Edited by Auto loans editor Rhys has been writing and editing for Bankrate since the end of 2021. They are dedicated to helping readers gain confidence to control their finances by providing concise, well-studied information that breaks down otherwise complex topics into manageable bites. The Bankrate promises
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If you have questions about money. Bankrate has answers. Our experts have been helping you master your finances for over four years. We strive to continuously provide our readers with the professional advice and tools required to succeed throughout life’s financial journey. Bankrate adheres to strict standards policy, which means you can be confident that our information is trustworthy and precise. Our award-winning editors and reporters produce honest and reliable information to assist you in making the right financial choices. Our content produced by our editorial team is factual, objective and is not influenced through our sponsors. We’re transparent regarding how we’re capable of bringing high-quality content, competitive rates and useful tools to our customers by explaining how we earn money. Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated for placement of sponsored products and services, or through you clicking certain links posted on our site. Therefore, this compensation may affect the way, location and in what order items appear in listing categories and categories, unless it is prohibited by law. We also offer mortgage, home equity and other products for home loans. Other factors, such as our own rules for our website and whether or not a product is offered in your area or at your own personal credit score may also influence the way and place products are listed on this site. We strive to offer the most diverse selection of products, Bankrate does not include information about every financial or credit product or service. The cost of car ownership adds up. When the time is right to buy your next car take into consideration the visits to the mechanic. When you are having your oil changed and tires changed can cost a lot, AAA found that drivers spend the sum of $9,666 on their cars in 2021. This is a $279 increase from the previous year and with the rate of increase costs increase, it’s important to prepare for vehicle costs depending on which model is best for you. Car maintenance basics average cost to operate for a brand new vehicle in 2021 was $9,666 . average driver spends $1,771 per year for full coverage. License, registration and vehicle taxes cost $699 per year Drivers of newer vehicles should have their oil changed every 5,000 to 7,500 miles 1 out of 3 motorists can’t pay for unexpected repairs to their vehicle. 7.9 percent of motorists have put off their vehicle’s routine maintenance Routine maintenance Routine vehicle maintenance keeps your vehicle operating as it should, and in turn, helps keep you and your passengers safe. Maintenance costs differ based on car type, age and the location you live in, but there are a few basic requirements that nearly every vehicle needs. Most likely, your car will need a visit to the mechanic for maintenance every 5,000 miles or so. However, you should consult your owner’s manual for specifics on your car’s requirements. While mechanics are here to assist you, they’re also trying to earn money. So while most maintenance does require professional help, consider what you can tackle at home to save money. Maintenance
Frequency
Expected cost
Oil change
Every 5,000 – 7,500 miles
From $35 to $75
Basic inspection
Every five miles
$150 to $250
Tire rotation
Every 5,000-8,000 miles
$24 to $100
Wiper replacement
Every six months
$10 to $45
Brake pad replacement
Every 10,000-20,000 miles
$115 to $300 Replacing parts You will almost certainly need to replace certain parts in your car, whether due to wear and tear or more serious issues. No matter your reason for replacing them, price for a replacement is dependent on the component that will need replacing. Two main factors that impact the cost of replacement are the type of vehicle that is a luxury vehicle with greater costs for parts- and the market cost. Consumers are also directly affected by the rising cost from and the availability of parts for vehicles. mechanics usually do not have spare batteries and transmissions, or brakes readily available and must order them. The shortages have impacted repair times and there are long waiting periods for parts. News reports across the country continue to report delays in the delivery of components and Cars.com reports continued inventory shortages at mechanics and dealers. You should be prepared for higher replacement costs than normal due to an increase in the cost of vehicle materials. Similar to supply chain problems that resulted in fewer cars available components, their availability has been declining as well. Parts for vehicles
Frequency
Costs to be expected
New tires
Every six years or 25,000 to 80,000 miles
$45 to $250 each
Replacement of the air filter (engine and cabin)
Every 15,000 to 30,000
$35 to $80
Brake pad replacement
Every 10,000-20,000 miles
$115 to $370 Common delay reports have surfaced in brake pads battery, filters, and certain tires. With less parts on the market you can anticipate paying more- a from 2021, According to Michael Chung, market intelligence director of the Auto Care Association. Inflation has also been an issue in along with delays in the cost of parts for vehicles has increased. The unexpected repair costs are inevitable in vehicle ownership. This could be a sudden spill that causes a stain on an interior area of the car or something more serious like an . Either way, it is crucial to have money to be prepared in the event that unexpected repairs occur. AAA found that nearly can’t afford to pay a bill for an unexpected repair. Although these expenses are usually not your responsibility however, you can avoid the stress of the possibility of a worst-case. It is also important to look around and locate a repair shop with an excellent reputation and reasonable prices. Contact your company and see what is covered prior to spending money on a repair. Here’s a list of typical repairs that may come up and the expenses assuaged by them. Unexpected repair
Costs to be expected
Tire blow or flat
From $10 to $250
Transmission issue
1200-$6,000
Damage from weather
Between $1,000 and $3,500
Minor collisions
$50 to $3,000
Engine overheating
From $100 to $1,500
Dead battery
From $45 to $350
Broken starter motor
$80-$1,100 based on brand The of a higher-end vehicle is higher than that of a standard vehicle. The maintenance required will carry a higher cost also. Your warranty may even require you to handle maintenance at a particular dealership, even for simple things like oil change and mileage check-ups. The experience at a dealer can be more expensive , but does carry the comfort of mechanics who specialize in your vehicle’s make and model. Although it is obvious that mid- or high-end vehicles require high-end upkeep but this isn’t always the situation. Take Dodge, for example. While it’s a mid-level choice, the annual maintenance cost can be as high as the cost Mercedes drivers have to pay. Think about the cost that comes with a car, and it can come down to the number of times you have to take it to the auto repair shop. Even the regular expenses -such as gas are more costly when you opt on premium-quality fuel. Find out the annual average costs of various brands of vehicles to determine the price a car can cost you throughout the duration of ownership. The brand of vehicle
Annual maintenance cost for a vehicle that’s been in use for 10 years
BMW
$1,033
Chevrolet
$342
Dodge
$719
Ford
$321
Honda
$377
Kia
$392
Mercedes
$774
Nissan
$376
Subaru
$480
Toyota
$338 Cost per vehicle The brand of the vehicle is a significant factor in the price of maintenance but the type of vehicle is also a large influencer. The following is the cost of ownership for a car for five years with 75,000 miles. AAA discovered this figure by calculating depreciation, financing and insurance, fuel and registration fees, as well as licenses, taxes, maintenance, repairs, and tires. The lowest expense for vehicle maintenance goes to electric vehicles, while the half-ton pickup is most expensive to maintain. The type of vehicle
Cost of ownership in cents per mile
Small sedan
48.20
Medium sedan
62.44
Subcompact SUV
53.45
Compact SUV
56.63
Medium SUV
66.45
Midsize pickup
62.77
Half-ton pickup
77.25
Hybrid
66.06
Electric
61.96 As these prices show that maintenance for vehicles is based on a number of factors that are not a perfect recipe for finding the cheapest vehicle. But an or smaller vehicle is more likely to cost less. Electric vehicles are becoming more accessible across the marketplace and could be a great option for drivers who want to save money on maintenance. Maintenance is an inevitable element of owning a vehicle. But by understanding average costs it is possible to budget for routine maintenance and surprise repairs. Find out about mechanics and refer to the owner’s manual to ensure that you’re following the exact requirements of your car.
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The article was written by Auto Loans Reporter Rebecca Betterton is the auto loans reporter for Bankrate. She specializes in assisting readers in navigating the ways and pitfalls of borrowing money to purchase an automobile. Edited 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 through providing precise, well-researched and relevant information that is broken down into complex topics into manageable bites.
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