Tips on Budgeting for Auto Repairs
Are you like many others in shock when it comes to unexpected auto repairs? No need to stressed over auto repairs. Here are helpful tips on the importance of budgeting for auto repairs.
According to an article at metrowheels.net, “Are Auto Repairs in Your Budget?”
“In today’s economic climate, budgeting is a critical tool. Part of the process must include planning for little unexpected emergencies like car repairs. Whether the expense is a scheduled one such as an oil change from the local car dealership or a surprise like a new battery, creating a fund dedicated to car maintenance makes sense. Advance planning is the key to financial health and avoiding the stress of car repairs.
Do Some Research
Proper budgeting requires that a person put aside a set amount of money designated for car repairs. The question is how much does one save just for vehicle maintenance. There is no right answer because there are many variables to consider. The age of the car, mileage and past maintenance all play a role in how often the car will see the mechanic. Specific considerations include:
- Mileage – A car with over 100,000 miles will need a larger repair budget than a brand new vehicle coming off the car dealership lot.
- Make – Highline cars mean more expensive repair bills. The cost of replacing the engine on a Ford Focus will be different from the same job on a Hummer.
- Care – Defensive driving practices may improve the performance of a vehicle and reduce wear. This means fewer repairs like tire replacement.” To read the entire article click here.