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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 offering you interactive tools and financial calculators as well as publishing authoritative and original content, by enabling users to conduct research and compare data for free - so that you can make sound financial decisions. Bankrate has partnerships with issuers such as, but not restricted to, American Express, Bank of America, Capital One, Chase, Citi and Discover. How We Earn Money The offers that appear on this site are from companies that pay us. This compensation may impact how and when products are featured on this site, including for instance, the sequence in which they appear within the listing categories in the event that they are not permitted by law. This applies to our mortgage, home equity and other home loan products. But this compensation does affect the information we provide, or the reviews that you see on this site. We do not consider the universe of companies or financial offerings that might be accessible to you. Getty Images/sturti
5 min read published 12 October 2022
Authored by Rebecca Betterton 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 taking out loans to buy a car. The article was edited by Rhys Subitch Edited by Auto loans editor Rhys has been editing and writing for Bankrate from late 2021. They are committed to helping readers gain the confidence to manage their finances through providing clear, well-researched facts that break down complex subjects into digestible pieces. The Bankrate promise
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At Bankrate we aim to help you make better financial choices. While we adhere to strict ethical standards ,
This post could contain some references to products offered by our partners. Here's how we make money . The Bankrate promise
Established in 1976, Bankrate has a long history of helping people make informed financial decisions.
We've maintained our reputation for over four decades by demystifying the financial decision-making
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So you can be sure you can trust us to put your needs first. All of our content is authored with and edited ,
We make sure that everything we publish will ensure that our content is reliable, honest and trustworthy. The loans reporter and editor focus on the areas that consumers are concerned about most -- the various types of loans available, the best rates, the top lenders, how to pay off debt and more -- so you'll be able to feel secure when making a decision about your investment. Integrity of the editing
Bankrate adheres to a strict code of conduct and rigorous policy, so you can rest assured that we're putting your interests first. Our award-winning editors and journalists provide honest and trustworthy content that will aid you in making the best financial decisions. Our main principles are that we value your trust. Our goal is to offer readers truthful and impartial information. We have standards for editorial content in place to ensure that occurs. Our reporters and editors thoroughly verify the truthfulness of content in order to make sure that the information you're reading is accurate. We keep a barrier between our advertisers and our editorial team. Our editorial team doesn't receive any direct payment by our advertising partners. Editorial Independence Bankrate's team of editors writes for YOU the reader. Our goal is to give you the most accurate advice to help you make smart financial decisions for your personal finances. We follow rigorous guidelines that ensure our content isn't in any way influenced by advertising. Our editorial staff receives no directly from advertisers, and our content is thoroughly fact-checked to ensure accuracy. Therefore whether you're reading an article or a review, you can trust that you're receiving reliable and reliable information. How we earn money
If you have questions about money. Bankrate has the answers. Our experts have helped you understand your finances for more than four decades. We continually strive to provide consumers with the expert advice and tools required to make it through life's financial journey. Bankrate adheres to strict standards standard of conduct, so you can rest assured that our content is honest and precise. Our award-winning editors, reporters and editors create honest and accurate content that will help you make the best financial decisions. The content we create by our editorial team is objective, factual, and not influenced by our advertisers. We're transparent about how we are capable of bringing high-quality information, competitive rates and useful tools for you , by describing how we make money. Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated in exchange for the promotion of sponsored goods and services, or when you click on certain hyperlinks on our website. Therefore, this compensation may impact how, where and in what order products are listed and categories, unless it is prohibited by law for our mortgage or home equity products, as well as other home lending products. Other elements, such as our own proprietary website rules and whether the product is available within your region or within your own personal credit score could also affect the way and place products are listed on this site. While we strive to provide a wide range offers, Bankrate does not include details about every financial or credit products or services. The cost of owning a vehicle is a significant amount. When it is time to buy your next car be sure to consider the - visits to the mechanic. While getting your oil changed and tires replaced can be costly, AAA found that drivers put on average $9,666 towards their cars in 2021. This is an increase of $279 over the previous year and with the rate of increase, it is important to be prepared for the costs of a vehicle depending on which model is right for you. Important car maintenance facts cost of operating an all-new car in 2021 was $9,666 . average motorist spends $1,771 a annual for coverage that is complete. License Registration, taxes on vehicles and the like cost $699 per year For vehicles that are newer, it is recommended to get their oil changed every 5,000 - 7,500 miles. 1 out of 3 drivers cannot afford the cost of unexpected repairs to their vehicle. 7.9 percent of motorists have put off their car's routine maintenance regular maintenance helps keep your vehicle running as it should and, by extension, keeps your passengers and you safe. Maintenance costs vary by car type, age and the location you live in, but there are a few basic requirements that almost every car needs. Most likely, your car is required to visit the mechanic for maintenance every 5,000 miles or so. But check your owner's manual for specifics on your car's requirements. While mechanics are there to assist you, they're also aiming to make money. So while most maintenance does require expert assistance, think about what you can handle at home to save money. Maintenance
Frequency
Costs to be expected
Oil change
Every 5,000 - 7,500 miles
Between $35 and $75
Basic inspection
Every 5,000 miles
$150-$250
Tire rotation
Every 5,000 to 8,000 miles
From $24 to $100
Wiper replacement
Every six months
$10 to $45
Brake pad replacement
Every 10,000 to 20,000 miles
$150 to $300 for replacing parts You'll probably need to replace certain parts in your car, whether due to wear and tear or other issues. Whatever your reason for replacing them, price for replacements is contingent on the part that needs replacing. Two common factors that influence cost are vehicle type such as luxury cars that have more expensive parts- and the market cost. Consumers are also directly impacted by the increase in price as well as the availability of parts for vehicles. mechanics usually do not have additional batteries or transmissions, brakes or even brakes in stock and have to purchase these items. The shortages have impacted repair times and there are long waiting periods for parts. News reports across the country continue to cite delays in the delivery of parts and Cars.com reports continued inventory shortages in mechanics and dealerships. Unfortunately, you should prepare for higher than usual replacement costs due to an increase in the cost of car parts. As supply chain issues resulted in fewer cars available, parts have been on the decline also. Vehicle part
Frequency
Costs to be expected
New tires
Every six years or between 25,000 and 80,000 miles
From $45 to $250 per day.
Air filter replacement (engine as well as cabin)
Every 15,000 to 30,000
From $35 to $80
Brake pad replacement
Every 10,000 to 20,000 miles
Between $115 and $370 delay reports have surfaced in brake pads and batteries, as well as filters, and some tires. With fewer available parts you can anticipate paying morein 2021, as per Michael Chung, market intelligence director at the Auto Care Association. Inflation is also an issue -- in conjunction with the delays, price of vehicle parts has also increased. The unexpected repair costs are inevitable during the course of vehicle ownership. This could be an unexpected accident that damages the interior of your car or something more serious such as an . In any case, it's essential to have extra cash for repairs that might not be expected to pop up. AAA found that nearly cannot 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 advisable to shop around and find an repair shop that has a good reputation and fair costs. Get in touch with your business and inquire about the coverage prior to making repairs. Here's an outline of common repairs that may come up and the costs that are associated with these. Unexpected repair
Expected cost
Tire blow or flat
$10 to $250
Transmission issue
$1,200 to $6,000
Weather-related damage
Between $1,000 and $3,500
Minor collisions
From $50 to $3,000
Engine overheating
From $100 to $1,500
Dead battery
From $45 to $350
Broken starter motor
Cost ranges from $80 to $1,100 based on brand The price of a premium car is more expensive than a regular vehicle. The maintenance required is more expensive as well. Your warranty could even require that you take care of maintenance with a specific dealer even for routine things like oil changes and mileage inspections. The dealership experience can be more expensive , but does carry the comfort of mechanics who specialize in your vehicle's brand and model. Although it is evident that mid- and top-end cars require expensive maintenance however, that's not always the scenario. Take Dodge for instance. While it's a mid-level option, the annual maintenance cost is close to what Mercedes drivers must pay. Consider the that comes with a car, and it will depend on how often you'll have to take it to the auto repair shop. Even the regular expenses -like gas will be more expensive when you choose to go on premium-quality fuel. Study the average annual cost of vehicle brands to estimate how much a car will cost you throughout the duration of its ownership. Brand name of the vehicle
The cost of annual maintenance for a car that is 10 years old
BMW
$1,033
Chevrolet
$342
Dodge
$719
Ford
$321
Honda
$377
Kia
$392
Mercedes
$774
Nissan
$376
Subaru
$480
Toyota
$338 Cost by vehicle type Although the brand of the vehicle has a direct impact on the cost of maintaining it however, the model of the vehicle is also a major influencer. The following is the cost of ownership for a car for five years and 75,000 miles. AAA determined this amount by calculating depreciation, finance, fuel, insurance, license, registration taxes, maintenance repairs and tires. The lowest expense for vehicle maintenance goes to electric vehicles, whereas the half-ton pickup is most expensive to maintain. Vehicle type
Per mile cost in Cents
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 In these rates, vehicle maintenance is based on several factors, and there is no perfect recipe for finding an affordable car. A smaller car tends to cost less. Electric vehicles are becoming more accessible across the marketplace and can be a great option for drivers seeking lower maintenance costs. The bottom line Maintenance is an unavoidable part of vehicle ownership. If you know the cost of maintenance you can budget accurately for routine maintenance as well as unexpected repairs. Find out about mechanics and refer to your owner's manual in order to verify you're meeting the 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 to navigate the ins and outs of securely borrowing money to purchase cars. The article was edited by Rhys Subitch Edited by Auto loans editor Rhys has been writing and editing for Bankrate since late 2021. They are dedicated to helping their readers to take control of their finances by providing clear, well-researched information that breaks down otherwise complex topics into manageable bites.
Auto loans editor
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