Average cost of car maintenance Advertiser Disclosure Advertiser Disclosure We are an independent, advertising-supported comparison service. Our aim is to assist you make better financial decisions by providing you with interactive financial calculators and tools, publishing original and objective content, by enabling you to conduct research and compare data for free – so that you can 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 products that are advertised on this site are from companies that pay us. This compensation may impact how and where products appear on the site, such as such things as the order in which they may be listed within the categories of listing in the event that they are not permitted by law for our mortgage, home equity and other home lending products. However, this compensation will not influence the information we publish, or the reviews that you see on this site. We do not consider 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 assisting readers in navigating the details of taking out loans to buy cars. 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 dedicated to helping readers gain the confidence to manage their finances by providing clear, well-researched information that breaks down otherwise complicated topics into bite-sized pieces. The Bankrate promise
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They ensure that what we write will ensure that our content is reliable, honest and reliable. The loans journalists and editors are focused on the points consumers care about the most — the various types of loans available, the best rates, the most reliable lenders, the best ways to pay off debt and more — so you’ll be able to feel secure when investing your money. Editorial integrity
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Frequency
Costs to be expected
Oil change
Every 5,000 to 7,500 miles
Between $35 and $75
Basic inspection
Every 5,000 miles
$150-$250
Tire rotation
Every 5,000-8,000 miles
From $24 to $100
Wiper replacement
Every six months
From $10 to $45
Replacement of brake pad
Every 10,000-20,000 miles
$115 to $300 Replacing parts You will almost certainly have to replace some parts of your vehicle due to general wear-and-tear or other issues. No matter the reason, the price for replacement depends on the component that requires replacing. Two of the most common elements that affect cost are vehicle type such as luxury cars that have higher costs for parts -and the cost of market. Consumers are also directly affected by the rising cost due to the availability of parts for vehicles. Mechanics often do not simply have extra batteries and transmissions, or brakes on hand and instead need to order these items. Shortages have affected repair times as well as lengthy waiting times for parts. Reports from across the country continue to cite delays in shipments of parts and Cars.com states that there are ongoing shortages of inventory at dealerships and mechanics. Unfortunately, you should prepare for higher than usual replacement costs because of an increase in the price of vehicle materials. Similar to supply chain problems that resulted in fewer cars available and parts, the cost of replacements has been on the decline too. 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
Replacement of the air filter (engine and cabin)
Every 15,000 to 15,000 to
$35 to $80
Brake pad replacement
Every 10,000 to 20,000 miles
Between $115 and $370 delays have been reported in brake pads, batteries, filters and some tires. With less parts on the market you can anticipate paying more- a from 2021, According to Michael Chung, market intelligence director at the Auto Care Association. The inflation rate has also been an issue — in conjunction with the delays, price of vehicle parts has also increased. Costs for unexpected repairs are bound to come up in vehicle ownership. It could be an unintentional accident that damages the interior of your car or something more serious such as a . Whatever the case, it’s essential to have extra cash saved in case unexpected repairs occur. AAA discovered that a majority of people cannot afford to pay a bill for an unexpected repair. Although these expenses are usually not your responsibility, you can save your future stress by planning for the possibility of a worst-case. It is also advisable to research and find a repair shop with an excellent reputation and reasonable prices. Get in touch with your business to find out what they offer before spending money on repairs. Here’s an outline of common repairs that can occur and the expenses associated with them. Unexpected repair
Costs expected to be
Tire blow or flat
$10 to $250
Transmission issue
From $1,200 to $6,000
Damage caused by weather
From $1,000 to $3,500
Minor collisions
$50 to $3,000
Engine overheating
$100 to $1,500
Dead battery
Between $45 and $350
Broken starter motor
$80-$1,100 based on the brand The cost of a more expensive car is more expensive than that of a standard car — and the maintenance required will cost more also. Your warranty may even require you to handle maintenance at a specific dealership, even for simple things like oil change and mileage inspections. 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. While it might seem obvious that mid- or high-end vehicles require high-end upkeep however, that’s not always the case. Take Dodge for instance. Although it’s a mid-tier model, the annual maintenance cost reaches close to the level Mercedes drivers have to pay. Take into consideration the costs that come with a car, and it could be based on how often you’ll be required to take it to the repair shop. Even the regular expenses — like gas — can be more expensive if you have to opt to purchase premium gasoline. Find out the annual average costs of vehicle brands to estimate the amount a car will cost you in the course of ownership. Vehicle brand
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 While the model 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. Broken down below is the cost average of ownership of a vehicle that lasts for five years, or 75,000 miles. AAA determined this amount by calculating the depreciation, financing, fuel, insurance and registration fees, as well as licenses, taxes, maintenance, repairs and tires. The lowest expense for vehicle maintenance goes to electric vehicles. However, the half-ton pickups are the 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, vehicle maintenance is based on several factors which means there isn’t a best way to find an affordable car. However, a smaller or less expensive vehicle tends to cost less. Electric vehicles are increasingly readily available on the market and can be a great alternative for people seeking lower maintenance costs. The bottom line is that maintenance is a necessary part of vehicle ownership. However, by knowing the average cost you can budget accurately for routine maintenance and surprise repairs. Find out about mechanics and refer to your owner’s manual in order to verify that you’re following the exact requirements of your car.
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Written by Auto Loans Reporter Rebecca Betterton is the auto loans reporter for Bankrate. She has a specialization in helping readers in navigating the details of borrowing money to buy a car. 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 to control their finances by providing precise, well-researched and relevant information that is broken down into complex topics into manageable bites.
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