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1. How Much Should I
Budget For Car
Maintenance?

2. Introduction
• There are many different factors that go into the cost of
owning a car, and repairs and maintenance is one that a lot of
car owners don’t really consider until the moment it happens.
• You drive over a nail, need an oil change, muffler gets a hole
in it.
• There are many different things that come up and things that
should be on a schedule, and it’s wise to budget for all of
them.

3. What Is Involved in
Maintaining Your Vehicle?
• Generally vehicle maintenance refers to the things you have
to do to keep your vehicle operational. These include things
like oil changes, getting new tires when needed, adding your
fluids and similar activities.
• Obviously, car repairs can just happen out of the blue
sometimes, but you can minimize these occurrences if you’re
on top of the everyday type maintenance and repairs.
• You can actually control these costs to a large degree by
budgeting for your auto repairs and staying on schedule.

4. The Expense
• If you develop a good relationship with a specific mechanic
that may help to keep costs down, but other than that just
treat it like any other aspect of your finances and set money
aside for car maintenance.
• Look over a year’s worth of car expenses, then divide it by 12
and you’ll have a rough estimate of what you spend every
month.
• Some mechanics say that the average driver spends around
$1200 per year for each vehicle, but if you want a more exact
number you should look back through your history.

5. Why Should You Stay On-top
Of Your Car Maintenance?
• Anyone who just leaves that sort of thing alone until
something bad happens is really asking for trouble.
Maintenance is something that you have to do in order for the
car to run smoothly and to save money in the future, and it’s
definitely worth the effort.
• If you can’t be bothered figuring out a more exact number,
the $100 per month model will probably suffice.

6. Conclusion
• Whether you want to set aside $1200 at the start of the year
or open a separate account and add to it each month is up to
you.
• There really is no right answer when it comes to how you
should come up with the money.
• Just do whatever works best for your budget and your
personality, so it gets done and the money is there when you
need it. Taking this type of thing seriously now will result in
savings down the road because you’ll avoid larger, more
expensive repairs and your vehicle will last a lot longer.

7. Conclusion
• Whether you want to set aside $1200 at the start of the year
or open a separate account and add to it each month is up to
you.
• There really is no right answer when it comes to how you
should come up with the money.
• Just do whatever works best for your budget and your
personality, so it gets done and the money is there when you
need it. Taking this type of thing seriously now will result in
savings down the road because you’ll avoid larger, more
expensive repairs and your vehicle will last a lot longer.