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 financial calculators and tools that provide objective and unique content. This allows you to conduct your own research and compare information for free – so that you can make informed financial decisions. Bankrate has partnerships with issuers, including but not restricted to, American Express, Bank of America, Capital One, Chase, Citi and Discover. How We Make money The products that are advertised on this website are provided by companies that compensate us. This compensation can affect the way and where products appear on this site, including such things as the sequence in which they appear within the listing categories in the event that they are not permitted by law for our mortgage and home equity products, as well as other products for home loans. However, this compensation will affect the content we publish or the reviews that you see on this site. We do not cover the vast array of companies or financial offerings that might be accessible to you. sturti/Getty Images
5 minutes 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 helping readers with the details of borrowing money to buy an automobile. 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 readers gain the confidence to take control of their finances through providing clear, well-researched facts that break down complex topics into manageable bites. The Bankrate guarantee
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Frequency
Expected cost
Oil change
Every 5,000 – 7,500 miles
From $35 to $75
Basic inspection
Every 5,000 miles
$150 to $250
Tire rotation
Every 5,000-8,000 miles
$24 to $100
Wiper replacement
Every six months
Between $10 and $45
Brake pad replacement
Every 10,000-20,000 miles
From $115 to $300 to replace components You’ll likely have to replace some parts of your vehicle due to general wear-and-tear or other issues. No matter your reason for replacing them, price tag for replacements is contingent on the component that will need replacing. Two common factors that influence the cost of replacement are the type of vehicle — luxury vehicles carrying more expensive partsas well as the market price. Consumers are also directly impacted by the rising cost as well as the availability of parts for vehicles. Mechanics often do not simply have additional batteries, transmissions or brakes in stock and need to order the items. Shortages have affected repair times as well as long waiting periods for parts. The news reports from across the nation continue to mention delays in the delivery of components as well as Cars.com has reported ongoing shortages of inventory at mechanics and dealers. Unfortunately, you should prepare for higher-than-normal replacement costs due to the rising cost of vehicle materials. Similar to supply chain problems that have created fewer available cars components, their availability has been on the decline also. Parts for vehicles
Frequency
Costs to be expected
New tires
Every six years, or 25,000 to 80,000 miles
From $45 to $250 per day.
Refilling the Air Filter (engine and cabin)
Every 15,000 to 15,000 to
From $35 to $80
Replacement of brake pad
Every 10,000-20,000 miles
$115 to $370 Common delays are reported for brake pads and batteries, as well as filters, and certain tires. With fewer parts available, expect to pay morestarting in 2021 as per Michael Chung, market intelligence director of the Auto Care Association. Inflation has also been an issue. In along with delays in the cost of vehicle parts has also increased. Unexpected repairs Surprise costs are bound to come up during the course of vehicle ownership. This could be a sudden accident that damages an interior area of the vehicle or something more serious like a . Either way, it is crucial to have money for repairs that might not be expected to pop up. AAA found that nearly can’t afford to pay the bill in the event of an emergency repair. While these costs are mostly out of your control, you can save future stress by budgeting for the worst-case scenario. It is also wise to look around and locate a repair shop with an excellent reputation and reasonable costs. Reach out to your company and see what is covered before spending money on repairs. Here’s a brief overview of the most common repairs that can occur as well as the costs related to them. Unexpected repair
Costs to be expected
Tire blow or flat
From $10 to $250
Transmission issue
$1,200 to $6,000
Damage from weather
Between $1,000 and $3,500
Minor collisions
Between $50 and $3,000
Engine overheating
$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 greater than the cost of a basic car — and the maintenance that comes with it is more expensive also. Your warranty may even require that you take care of maintenance at a specific dealership even for things like oil change and mileage inspections. The dealer experience tends to be more costly, but it can provide the peace of mind of mechanics who are experts in your vehicle’s brand and model. Although it is obvious that mid- and top-end cars require expensive maintenance however, that’s not always the case. Consider Dodge for instance. Although it’s a mid-tier option but the annual cost for maintenance reaches close to the level Mercedes customers have to pay. Take into consideration the costs that come with a vehicle, which can come down to how many times you will have to take it to the repair shop. But even regular costs -like gas are more costly when you choose to go for premium fuel. Find out the annual average costs of various brands of vehicles to determine how much a car will cost you throughout the duration of its ownership. Brand name of the vehicle
Cost of maintenance annually 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 per vehicle While the model of the vehicle is a significant factor in the price of maintenance, the type of vehicle can also be a significant influencer. Broken down below is the cost of ownership for a car over five years or 75,000 miles. AAA found this cost by calculating depreciation finance, fuel, insurance and registration fees, as well as licenses taxes, maintenance repairs and tires. The lowest price for maintaining vehicles is electric vehicles, whereas the half-ton pickup is most costly to maintain. 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 According to these figures, vehicle maintenance is based on a variety of variables, and there is no perfect recipe for finding the cheapest vehicle. A smaller car tends to cost less. Electric vehicles are becoming more readily available on the market and could be a great alternative for people looking for lower maintenance costs. The bottom line is that maintenance is an unavoidable aspect of car ownership. But by understanding average costs, you can accurately budget for routine maintenance and unexpected repairs. Research mechanics and consult the owner’s manual to ensure that you’re following the exact requirements of the vehicle you own.
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This article is written by Auto Loans Reporter Rebecca Betterton is the auto loans reporter for Bankrate. She is a specialist in helping readers with the ways and pitfalls of borrowing money to purchase an automobile. Written 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 take control of their finances through providing concise, well-researched, and well-understood information that breaks down otherwise complicated topics into digestible pieces.
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