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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 choices by providing you with interactive financial calculators and tools that provide objective and unique content. This allows users to conduct research and compare data for free and help you make financial decisions with confidence. Bankrate has agreements 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 are from companies who pay us. This compensation could affect how and when products are featured on this site, including, for example, the sequence in which they be displayed within the listing categories in the event that they are not permitted by law. Our mortgage and home equity products, as well as other home loan products. But this compensation does affect the content we publish or the reviews that you see on this site. We do not include the entire universe of businesses or financial offers that may be accessible to you. Sturti/Getty Images

5 min read Published October 12, 2022

Written by Rebecca Betterton Written by Auto Loans Reporter Rebecca Betterton is the auto loans reporter for Bankrate. She is a specialist in helping readers in navigating the details of borrowing money to purchase a car. Written by Rhys Subitch Edited by Auto loans editor Rhys has been editing and writing for Bankrate from late 2021. They are passionate about helping readers gain the confidence to take control of their finances by providing concise, well-studied information that breaks down otherwise complicated topics into bite-sized pieces. The Bankrate promise

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At Bankrate we strive to help you make better financial choices. While we adhere to strict ethical standards ,

this post may contain some references to products offered by our partners. Here’s how we earn money . The Bankrate promise

In 1976, Bankrate was founded. Bankrate has a long track experience of helping customers make smart financial choices.

We’ve maintained our reputation for over four decades by demystifying the financial decision-making

process and giving people confidence in the decisions they will do next. process and gives people confidence in the next step.

So you can be sure that we’ll put your interests first. All of our content was authored with and edited ,

They ensure that what we write is objective, accurate and trustworthy. The loans reporters and editors are focused on the areas that consumers are concerned about the most — different kinds of loans available, the best rates, the most reliable lenders, ways to pay off debt and much more. So you can feel confident when investing your money. Integrity of the editing

Bankrate adheres to a strict code of conduct and rigorous policy, so you can rest assured that we’ll put your needs first. Our award-winning editors and journalists create honest and accurate content to assist you in making the right financial choices. Key Principles We respect your confidence. Our mission is to provide readers with reliable and honest information, and we have established editorial standards to ensure this happens. Our reporters and editors thoroughly fact-check editorial content to ensure the information you’re reading is true. We maintain a firewall between our advertisers and our editorial team. Our editorial team doesn’t receive compensation directly by our advertising partners. Editorial Independence Bankrate’s editorial team writes on behalf of YOU the reader. Our aim is to provide you the most accurate advice to help you make smart personal finance decisions. We follow strict guidelines to ensure that our editorial content is not affected by advertisements. Our editorial team receives no direct compensation from advertisers, and all of our content is fact-checked to ensure accuracy. Therefore whether you’re reading an article or a review you can be sure that you’re getting reliable and reliable information. How we earn money

If you have questions about money. Bankrate can help. Our experts have been helping you master your finances for over four decades. We strive to continuously give our customers the right guidance and the tools necessary to be successful throughout their financial journey. Bankrate adheres to strict standards policy, which means you can be confident that our content is honest and precise. Our award-winning editors, reporters and editors create honest and accurate content to help you make the right financial choices. The content we create by our editorial staff is factual, objective and uninfluenced by our advertisers. We’re honest about the ways we’re capable of bringing high-quality content, competitive rates, and useful tools for our customers by explaining 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. Therefore, this compensation may impact how, where and in what order products 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, like our own website rules and whether or not a product is available in your area or at your self-selected credit score range could also affect the way and place products are listed on this website. Although we try to offer a wide range offers, Bankrate does not include information about every financial or credit product or service. The price of vehicle ownership is a significant amount. When the time comes to purchase your next vehicle, you must consider the visits to the mechanic. If you’re looking to have your oil changed or having tires replaced both range in cost, AAA found that drivers spent the sum of $9,666 on their vehicles in 2021. This is an increase of $279 over the previous year and as rise, it is important to plan for costs for your vehicle when for which car is best for you. Car maintenance basics average price to run for a brand new vehicle in 2021 was $9,666 The average motorist spends $1,771 a year for full coverage registration, vehicle taxes and registration are $699 annually. The owners of vehicles with a newer model should get 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 car’s routine maintenance regular maintenance helps keep your vehicle running as it should and, in turn, helps keep your passengers and you safe. Maintenance costs differ based on kind of vehicle, its age, and location, however there are some basics that nearly every vehicle needs. Most likely, your car requires a visit to the mechanic for overall upkeep every 5,000 miles or so. However, you should consult your owner’s manual for specifics on your car’s needs. While mechanics are there to help you, they’re trying to earn money. Therefore, while the majority of maintenance tasks require expert assistance, think about the tasks you can do at home, and you can save money. Maintenance

Frequency

Expected cost

Oil change

Every 5,000 – 7,500 miles

Between $35 and $75

Basic inspection

Every 5,000 miles

$150 to $250

Tire rotation

Every 5,000 to 8,000 miles

Between $24 and $100

Wiper replacement

Every six months

$10 to $45

Replacement of brake pad

Every 10,000 to 20,000 miles

$115 to $300 Replacing parts You’ll probably have to replace some parts on your vehicle, either because of wear and tear or other problems. No matter the reason, the price for a replacement is dependent on the component that will need replacing. Two main factors that impact price are the vehicle model 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. Technicians rarely have spare batteries or transmissions, brakes or even brakes on hand and instead must order these items. Insufficient supply has impacted repair time and there are long wait times for parts. Reports from across the country continue to cite delays in the delivery of parts as well as Cars.com has reported 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. Just as supply chain issues have created fewer available cars, parts have decreased as well. Vehicle part

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 15,000 to

$35 to $80

Brake pad replacement

Every 10,000-20,000 miles

From $115 to $370, common delays are reported for brake pads battery, filters, and certain tires. With fewer available parts you can expect to pay more — a from 2021, according to Michael Chung, market intelligence director at Auto Care Association. Inflation has also been an issue — in conjunction with the delays, cost of parts for vehicles has increased. Unexpected repairs Surprise costs will surely arise when you own a vehicle. It could be an unintentional spill that stains the interior of your car 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 arise. AAA discovered that the majority of households cannot afford to pay a bill to cover an unplanned repair. Although the costs are generally not your responsibility, you can save the stress of the possibility of a worst-case. It is also important to look around and locate a repair shop with an established reputation and fair rates. Contact your company and inquire about the coverage prior to making a repair. Here’s an outline of common repairs that may come up and the costs that are associated with these. Unexpected repair

Costs expected to be

Tire blow or flat

$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

100 to $1,500

Dead battery

$45 to $350

Broken starter motor

Cost ranges from $80 to $1,100 based on the brand The cost of a more expensive vehicle is higher than a regular car — and the maintenance required is more expensive as well. The warranty might even require that you take care of maintenance at a specific dealership even for items like oil replacements and mileage checks. The dealership experience can be more costly, but it can provide the peace of mind of mechanics who specialize in your car’s make and model. While it might seem obvious that mid- and top-end cars require expensive maintenance but this isn’t always the case. Consider Dodge, for example. Although it’s a mid-tier option but the annual cost for maintenance reaches close to the level Mercedes drivers have to pay. Consider the that comes with a car, and it will depend on how many times you will have to take it to the repair shop. However, even the simplest costs- like gas — will be more expensive when you opt on premium-quality fuel. Find out the annual average costs of different brands of cars to figure out the price a car can cost you throughout the duration of its ownership. The brand of vehicle

The cost of annual maintenance for a 10-year-old car

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 large determining factor. Below is the cost of ownership for a vehicle for five years with 75,000 miles. AAA discovered this figure by calculating depreciation, financing as well as insurance, fuel and registration fees, as well as licenses, taxes, maintenance, repairs and tires. The lowest price for vehicle maintenance goes to electric vehicles, while the half-ton pickups are the most costly 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 In these rates that maintenance for vehicles is based on a number of factors, and there is no ideal formula for finding an inexpensive car. However, a smaller or less expensive vehicle will cost less. Electric vehicles are increasingly accessible across the marketplace and can be a great option for drivers looking for lower maintenance costs. The bottom line is that maintenance is an inevitable part of vehicle ownership. But by understanding average costs it is possible to budget for routine maintenance as well as unexpected repairs. Check out the mechanics, and read your owner’s manual in order to verify you are following the specific requirements of your car.

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Written by Auto Loans Reporter Rebecca Betterton is the auto loans reporter for Bankrate. She specializes in assisting readers with the ways and pitfalls of borrowing money to buy 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 dedicated to helping their readers feel confident to control their finances with concise, well-researched, and well-understood information that breaks down complex topics into manageable bites.

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