Used car maintenance costs

The combined fuel economy rating is mpg with an automatic transmission, which translates to an annual fuel cost of $9when the car is driven 10miles per year. The average car costs $4to maintain for the first 20miles, and the costs increase from there. Costs increase dramatically until the 100mile mark, and less intensely after 100miles. A car’s maintenance costs may top out, or it could be that drivers scrap their cars once maintenance costs trump the car’s value. However, the average cost of repairs, maintenance and tires is $ a month for a new car, according to AAA.

Common maintenance costs include oil changes and tire rotations, which are usually done at 000-mile intervals or, in this scenario, three times each year. Luxury cars like a BMW Xcost just $2per year over the first five years, namely due to the included maintenance period. But after that, you will spend about $1per year in maintenance. All in all, the true cost of vehicle ownership can be a confusing equation to compute.

Overall reliability rank out of 100: 12. Mile Maintenance Costs for Top-Selling Cars Plan to keep that car for years to come? Expenses can skyrocket when warranty and free-maintenance periods are over.

The initial purchase price of a car is only part of the cost , of course. A key question is whether you can afford the drip, drip of maintenance and repairs for as long as you own it. The 5-Year Cost to Own is the total amount of vehicle-related costs you will likely have to cover during the first years of owning a car.

This includes out-of-pocket expenses like fuel and insurance, and vehicle depreciation (loss in value). Assuming oil changes occur every 0miles, we can find the cost of maintenance per mile. We found that for the first 20miles the average car costs $4to maintain. Unsurprisingly, costs rise significantly up to the 100mile mark, but taper off soon after. While the average 10-year-old car may cost $6a year to repair, the average Mercedes-Benz costs more than $5a year to keep running at that age, and the average BMW about $300.

These items are fairly common,. Even older Minis ring up more than $0a year in repairs on average. Used Car Maintenance Costs They are particularly costly repairs that most warranties of any kind not cover because the basic service was not done. This is necessary if you want to find the best guarantee of the car , but keep in mind that you are not just looking for the lowest cost. According to the searchable Repair Cost Index maintained by the automotive website RepairPal.

Toyota Corolla is the cheapest vehicle to maintain and repair, with an average yearly cost of $341. The total annual cost to own a car. If a car depreciates by percent just by driving it off the lot, then depreciation in the first year will be $712.

That’s about double the number used by AAA, and it would increase the cost of owning your car in the first year to $1756. In year five, your depreciation expense would drop to $47. Proper, routine car maintenance is vital to avoid major repair bills and keep your vehicle running reliably for many years.

Whether you do the work yourself or hire a trained mechanic, our advice and tools will empower you to go the distance and save money along the way. There’s more expense to a car than the purchase price. Maintenance includes scheduled work — like oil changes, tuneups, filter replacements and tire rotation — and unscheduled replacements such as batteries, brakes, tires and exhaust systems. Many repairs are covered by a new car’s warranty, especially in the first few years,.

What your car really costs to maintain. In addition to the Toyota models that fared well, Kia’s Soul and Honda’s Fit also had low maintenance costs. New vehicles, on average, will cost a driver $1per year to maintain and repair, according to AAA. One recent survey found that one-third of U. Read more: tips for better car maintenance on the cheap. New report: Cars with the fewest and cheapest repairs.

That is considerably more expensive than driving a used car which costs cents per mile for maintenance and repair. Interest will increase the cost, and you will still need to pay something like cents per mile for maintenance and repair anyway. Of course there is more to it than this.

The cost of owning a car is more than just your payment and monthly insurance premium – you have to maintain it, too. And not all cars cost the same when it comes to maintenance , as some are. The Cheapest-To-Fix Used Cars. Among vehicle brands, Hyundai was found to exact the lowest check-engine-related repair costs at an average $3per visit, followed by Mazda ($310), Kia ($317), Chrysler ($336), Dodge ($341), Infiniti ($352), Jeep ($352), and Chevrolet ($353). Although ranked 12th on KBB’s list, Bankrate included Honda Civic LX because, in addition to a low cost of ownership, it’s a terrific all-around car.

Among the more fuel efficient, Civic’s maintenance costs are lower than all but the other Honda on this list. A low rate of depreciation, though,. Similarly, your car costs can vary dramatically from vehicle to vehicle depending on whether you buy used , or new, expected maintenance , and much more. Thankfully, this car cost calculator makes it easy to figure the true cost of car ownership and even compare costs between different vehicles by applying all. AutoMD has the for your auto repair -related questions.

Get car help and advice from the AutoMD community. If you’re an expert in car repair , jump in and share your expertise! This thing is going to give you a lesson that you should not put our car on the risk just to save a few dollars.

A good example of these extras is the so-called automotive service contract.

Surprisingly, Honda’s other cars don’t make the list, although the Civic is in 14th place and the Accord follows in 15th. But the Honda Fit is the Japanese automaker’s cheapest car to maintain over years with a cost of $500. Honda as a brand came in 27th-place overall with a cost of $200. The good news is that some cars are less prone to breakdowns and costly repairs than others.

A Toyota, for example, is statistically less likely to cost a lot of money in repairs than a Volkswagen. Here are the cars reported to have the cheapest repair costs. Repair costs : Among the top auto makers, Ford had the lowest cost per visit to the repair shop at $309. We used that data to understand which cars break down the most and have the highest maintenance costs.

We also looked into which types of maintenance are most common to certain cars. First, we looked at which major brands cost the most to maintain over the first years of a car ’s life. This means that these two cars will probably not qualify for the same policy which means they would each have a different extended car warranty cost. In general, the average extended car warranty cost ranges from $350-$7per year, but every person and policy is different.

Variable operating costs considered in the study include fuel, maintenance and tires.