How much should you budget for car maintenance?

For example, you can change the oil and oil filter in your car at home to reduce some of the costs associated with these routine maintenance items. A common element of routine maintenance that people overlook when it comes to maintaining their cars is tire pressure. You worked hard and bought the car you longed for, but you may not have thought about the cost of maintenance when considering how your new trip would affect your budget. But what exactly does car maintenance entail? To learn more about what it is and how you can implement it in your current routine, you're in the right place.

While it's probably not the most important thing when setting your transportation budget, routine car maintenance is necessary for the health and longevity of your vehicle. Here's an average price list for some typical car maintenance services, according to personal finance experts at The Balance. Get quotes from several auto insurance agencies (see Policygenius for an easy comparison) and explore what coverage you could reduce, especially as your car ages. For starters, collect all of your car's maintenance records from at least the last year's repairs, oil changes, tires, etc.

Anyone who drives an older car will probably tell you that the maintenance cost only increases over time. Look, car maintenance isn't glamorous, but it's absolutely essential to the longevity of your vehicle. New cars are usually covered by a “butt to butt” warranty, but this usually only covers your car for three years, which, coincidentally, is the period of time during which major systems are unlikely to fail. This could lead to more serious mechanical problems that could have been avoided with regular maintenance and preventive maintenance of the car.

With a little financial discipline, you can have a solid car maintenance budget and plan regular car overhauls without fear of the repair bill. This is what the average car maintenance cost looks like, including how much each service item should cost and how often these services should be performed.