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 tools and financial calculators that provide objective and unique content, by enabling you to conduct your own research and compare information at no cost to help you make informed financial decisions. 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 products that are advertised on this website are provided by companies that pay us. This compensation can affect the way and when products are featured on this website, for example 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. However, this compensation will affect the content we publish or the reviews that appear on this website. We do not consider the entire universe of businesses or financial deals that could be open to you. Sturti/Getty Images
5 min read Published 12 October 2022
Writer: 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 borrowing money to purchase an automobile. Edited by Rhys Subitch Edited by Auto loans editor Rhys has been editing and writing for Bankrate since late 2021. They are passionate about helping readers gain the confidence to control their finances by providing concise, well-studied information that breaks down complicated topics into bite-sized pieces. The Bankrate promises
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who ensure everything we publish is objective, accurate and trustworthy. We have loans reporters and editors focus on the things that consumers are interested about the most -- different kinds of loans available and the most competitive rates, the best lenders, how to pay off debt and much more. So you can feel confident when making a decision about your investment. Integrity of the editing
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If you have questions about money. Bankrate has the answers. Our experts have been helping you master your finances for more than four decades. We strive to continuously provide consumers with the expert advice and tools needed to succeed throughout life's financial journey. Bankrate adheres to a strict code of conduct , so you can trust that our content is truthful and reliable. Our award-winning editors and reporters create honest and accurate content that will help you make the right financial choices. Our content produced by our editorial staff is objective, factual and is not influenced by our advertisers. We're honest about how we are 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 for placement of sponsored products and, services, or through you clicking certain links posted on our site. This compensation could impact how, where and in what order products appear within listing categories, except where prohibited by law. This is the case for our mortgage home equity, mortgage and other home lending products. Other elements, such as our own proprietary website rules and whether the product is available in your region or within your own personal credit score can also impact how and where products appear on this site. We strive to offer an array of offers, Bankrate does not include information about every credit or financial product or service. The cost of car ownership adds up. When the time comes to buy your next car, you must consider the - visits to the mechanic. While getting your oil changed or having tires replaced both range in cost, AAA found that drivers spent an average of $9,666 toward their vehicles in 2021. This is an increase of $279 from the previous year and as costs rise, it is important to be prepared for the costs of a vehicle depending on which model is best for you. Car maintenance basics cost of operating for a brand new vehicle in 2021 was $9,666 . average driver spends $1,771 per annual for coverage that is complete.. License, registration and vehicle taxes cost $699 per year Drivers of newer vehicles should be able to change their oil every 5,000 - 7,500 miles. 1 in 3 drivers can't pay for unexpected repairs to their vehicle. 7.9 percent of motorists have put off their car's routine maintenance maintenance Routine vehicle maintenance keeps your vehicle running as it should, and by extension, keeps you and your passengers safe. The cost of maintenance varies based on the kind of vehicle, its age, and the location you live in, but there are some basic maintenance requirements that almost every car needs. In general, your car will need a visit to the mechanic for maintenance every 5,000 or so miles. However, you should consult your owner's manual for specifics on your car's requirements. While mechanics are here to help you, they are also aiming to make money. Therefore, while the majority of maintenance tasks require professional help, consider what you can tackle at home and save money. Maintenance
Frequency
Costs to be expected
Oil change
Every 5,000 to 7,500 miles
$35 to $75
Basic inspection
Every 5,000 miles
$150 to $250
Tire rotation
Every 5,000-8,000 miles
Between $24 and $100
Wiper replacement
Every six months
From $10 to $45
Brake pad replacement
Every 10,000-20,000 miles
$150 to $300 for replacing parts You will almost certainly require replacing some components of your vehicle due to wear and tear or more serious problems. No matter your reason for replacing them, price for a replacement is dependent on the component that requires replacing. Two of the most common elements that affect cost are vehicle type that is a luxury vehicle with more expensive partsand the cost of market. Consumers also are directly affected by the rising cost from and the availability of vehicle parts. mechanics usually do not have additional batteries or transmissions, brakes or even brakes on hand and instead need to order them. Insufficient supply has impacted repair time as well as lengthy waiting 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 at dealerships and mechanics. You should be prepared for higher replacement costs than normal because of an increase in the price of car parts. Just as supply chain issues resulted in fewer cars available, parts have been declining as well. Parts for vehicles
Frequency
Costs to be expected
New tires
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 30,000
35 to $80
Replacement of brake pad
Every 10,000-20,000 miles
From $115 to $370, common delays are reported in brake pads and batteries, as well as filters, and some tires. With less parts on the market you can anticipate paying morein 2021, as per Michael Chung, market intelligence director of the Auto Care Association. The inflation rate has also been an issue. In along with delays in the price of car parts has increased. Unexpected repairs Surprise costs are inevitable in vehicle ownership. This could be a sudden accident that damages inside your vehicle or something more serious like a . Whatever the case, it's essential to have extra cash saved in case unexpected repairs pop up. AAA discovered that the majority of households cannot afford to pay bills for an unexpected repair. While these costs are mostly not your responsibility but you can reduce future stress by budgeting for that worst-case scenario. It is also advisable to look around and locate an repair shop that has an excellent reputation and reasonable prices. Contact your company and see what is covered prior to making a repair. Here's an outline of common repairs that could occur and the expenses related to these. Unexpected repair
Expected cost
Flat or blown tire
From $10 to $250
Transmission issue
$1,200 to $6,000
Damage caused by weather
$1,000 to $3,500
Minor collisions
From $50 to $3,000
Engine overheating
100 to $1,500
Dead battery
Between $45 and $350
Broken starter motor
Cost ranges from $80 to $1,100 based on brand The price of a premium vehicle is higher than a regular vehicle. The maintenance that comes with it is more expensive also. The warranty might even require you to handle maintenance at a particular dealership even for routine things like oil change and mileage checks. The dealer experience tends to be more expensive but can provide the peace of mind of mechanics who are experts in your vehicle's make and model. Although it is evident that mid- and premium cars need high-end maintenance but this isn't always the situation. Consider Dodge, for example. Although it is a mid-tier option, the annual maintenance cost can be as high as the cost Mercedes customers have to pay. Take into consideration the costs that come with a car, and it can come down to how often you'll need to bring it to the repair shop. However, even the simplest costs- 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 the price a car can cost you over the course of its ownership. Vehicle brand
Cost of maintenance annually 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 The brand of the vehicle clearly influences the price of maintenance, the type of vehicle is also a major determining factor. The following is the cost of ownership for a car that lasts for five years, or 75,000 miles. AAA found this cost by calculating the depreciation, financing, fuel, insurance licensing, registration taxes, maintenance repairs, and tires. The lowest price for maintaining vehicles is electric vehicles, while the half-ton pickups are the most costly to maintain. Type of vehicle
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 As these prices show, vehicle maintenance is based on several factors which means there isn't a best way to find an affordable car. But an or smaller vehicle tends to cost less. Electric vehicles are increasingly accessible across the marketplace and can be a great option for drivers seeking lower maintenance costs. Maintenance is an unavoidable part of vehicle ownership. If you know the cost of maintenance you can budget accurately for routine maintenance and surprise repairs. Check out the mechanics, and read your owner's manual to confirm you're meeting the requirements of the vehicle you own.
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The article was 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 taking out loans to purchase a car. Edited by Rhys Subitch Edited by Auto loans editor Rhys has been writing and editing for Bankrate from late 2021. They are passionate about helping readers gain the confidence to manage their finances with clear, well-researched information that breaks down otherwise complicated topics into digestible pieces.
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