Are you in the market for a new car? Are you looking for an upgrade? Is your car in need of some maintenance?
Whether you're in the market for a new car or you're in need of a few repairs, it is important to budget for breakdowns, preventative maintenance, and other unexpected expenses because the total cost of ownership of a vehicle can be expensive!
For example, did you know that a new alternator can cost over $1,000? See below for common car repairs and the average cost to fix them:
- Alternator - $1,010
- Starter - $760
- Fuel Pump - $845
- Automatic Transmission - $5,970
- Brake Calipers - $575
- A/C Compressor - $1,145
While it is unlikely that all of these parts will need to be repaired at one time, preparing and budgeting for these costs can help save you time, money, and stress in the long-run!