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Tires, Brakes, other fluids other than oil. Brakes is a fairly simple DIY job if you've got the right tools. You won't save much money changing the oil but other fluids like the tyranny fluid you can save alot with a DIY job.
You could easily get it under a grand if you're frugal. That's assuming nothing major goes wrong, buying used you always run the risk that the previous owner didn't believe in oil changes. I would budget $1000 a year or so to maintain the car, I feel like that's a safe estimate. Thats not including Gas, insurance, etc.
Tires, Brakes, other fluids other than oil. Brakes is a fairly simple DIY job if you've got the right tools. You won't save much money changing the oil but other fluids like the tyranny fluid you can save alot with a DIY job.
You could easily get it under a grand if you're frugal. That's assuming nothing major goes wrong, buying used you always run the risk that the previous owner didn't believe in oil changes. I would budget $1000 a year or so to maintain the car, I feel like that's a safe estimate. Thats not including Gas, insurance, etc.
I did the math a few years back as a work related assignment. Actual mile per mile driving costs at about 40 cents a mile. Gas, tires, oil changes, 30,000 mile major services brakes, fluids, normal wear and tear parts, not to mention a new set of windshield wiper blades every year!
Not counting insurance and registration, which is not related to actual driving. If I only drove my car 10 miles a year the cost of insurance would work out to $100 a mile!
Assuming we are talking outside of gas and insurance, it shouldnt cost you more than a couple hundred/yr for normal maintenance.
I rember years ago I had an '81 Monte Carlo. I bought it from my boss in 1988 with 118,000 miles on it. Even then in the era of disposable cars I got 7yrs out of it and in the time I had it I put brake pads on it, an alternator, and a water pump and put $1000 into an engine rebuild. Back then the car barely cost me $200/yr to maintain if you average it out over the 7yrs I had it.
Assuming we are talking outside of gas and insurance, it shouldnt cost you more than a couple hundred/yr for normal maintenance.
I rember years ago I had an '81 Monte Carlo. I bought it from my boss in 1988 with 118,000 miles on it. Even then in the era of disposable cars I got 7yrs out of it and in the time I had it I put brake pads on it, an alternator, and a water pump and put $1000 into an engine rebuild. Back then the car barely cost me $200/yr to maintain if you average it out over the 7yrs I had it.
Of course the real penalty was having to own/drive an 81 Monte Carlo for 7 years!
There is almost no way to predict what a car will cost you per year, especially a used car. If something breaks, especially something major, then your estimates go out the window real fast.
Under normal circumstances, you can figure gas costs, oil changes, insurance, and fixed costs like that. 25 miles a day would probably be 3 gallons per day tops, maybe 2 gallons. You would change oil every 6 months, at about $20, if you do it yourself, and $30 at an oil change place. Insurance is based on your age, record, etc. Tires should last a few years, based on that mileage.
I like to drive cars I pay cash for, because I hate car payments, so, when something breaks , I take the hit. But, for me, that is preferable to writing a check every month for car payments.
The facts are, every time you turn the key, it costs you money in some fashion. Every mile you drive is one less mile the car will last, or that some part will last. There is no free ride, in ANY car.
That being said, $5000 is a little excessive, IMO.
The other scheduled maintenance is once every 5 to 10 years depending on how many miles a year you put on it. Even if you follow all recommended maintenance it still wouldn't total $5K in an single year.
It depends, my advice would be to stay on top of your maintenance calendar. I make sure I go every 3/5 months. I get a pass because my care is mostly used on the weekends.
The other scheduled maintenance is once every 5 to 10 years depending on how many miles a year you put on it. Even if you follow all recommended maintenance it still wouldn't total $5K in an single year.
No, it wouldn't. But regular scheduled maintenance (depending on what it involves) is usually around 10K miles.
Just make sure to put money aside for the unexpected.
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