Preparing for the Unexpected: How to Budget for Automotive Repairs
When you least expect it, life can throw you a curveball. Whether it’s a smoking engine or a sudden transmission problem, car troubles can disrupt the flow of your life and also stop the flow of your cash.
In order to comfortably pay for major automotive repair services, it’s important to budget wisely.
Here are a few tips to budget for big car repairs from the friendly technicians at Silver Lake Auto & Tire Centers in North Lake – Hartland, Wisconsin.
Review All of Your Vehicle’s Maintenance Records
We suggest collecting all of your car’s maintenance records for the past year. These can include maintenance receipts and your checkbook register. Automotive maintenance costs include tune-ups, oil changes, wheel alignments, and any other necessary services your car regularly needs in order to drive at its best.
Add These Costs Together
Add up all of these costs to get the total amount you spent on car maintenance during the last year. Then divide that number by 12. This will give you your average monthly maintenance expense. If you spent $1200 in the last 12 months, you should budget at least $100 per month for car maintenance.
Consider the Current Condition of Your Vehicle
If you have an older car, you need to keep in mind that it will probably need larger repairs in the coming years. This is especially true if you drive a high-mileage vehicle. If this is the case, increase your monthly automotive maintenance budget. This ensures you have some extra cushioning when the time comes to take your car to the repair shop.
Be On the Lookout for Specials
Many auto repair shops, including Silver Lake Auto & Tire Centers, offer specials to help you save money on maintenance and repair costs. Regularly check out our site to know what specials we are currently offering.
Budget for Surprise Car Repairs
Don’t break the bank to pay for expensive car repairs. Set aside some funds every month for auto maintenance and repair.
For affordable, high-quality car care services, call Silver Lake Auto & Tire Centers in North Lake – Hartland, Wisconsin at (262) 567-0284 today.