What’s going on savvy people! We have a really awesome guest post today about saving money on auto repairs. Tim Fox the co-founder and writer of The Elite Product shares his love for cars with his readers. You guys will love this article on saving money with auto repairs. Enjoy! – T$C
Most of us, in these days, operate our vehicles daily. We do not put much emphasis on the maintenance of our vehicles. Some expenses are more annoying as compared to vehicle repairs. However, the price associated with a sudden major car repair can be devastating.
- Killing Millennials Financial Future – The Millennial Money Trap
- How to Buy a Used Car for Dirt Cheap
- 100+ Brilliant Ideas That Will Make You Save Money Today
It is really tedious to go for a long time without a reliable transportation system. Thus, you end up paying the high repair bills, no matter what. Do you know there are a plethora of options you can take into account in order to save money on your auto repairs?
A few examples:
- Get the tires checked monthly and adjust PSI if required. (Amazon pressure gauge)
- Make sure to check all the lights are functioning at every fill-up.
- Check belts for frayed or worn edges a few times yearly.
- Learn basic auto repair skills from Youtube or Google.
In addition to this, we are going to present a bunch of tips, following which you can save a lot of money on repairing your vehicle:
1. Stop changing oil after every 3,000 miles
We are told time and again that it is necessary to change oil after driving for 3,000 miles. However, this fact was good during the 70’s. With the recent standards in the manufacturing of cars, the engines of vehicles are built for withstanding the pressure of usage in addition to better oil products. It is recommended to consult the vehicle manual.
Today, most cars are able to travel 5,000-7,000 miles. Though most places will ask you to change oil after every 3,000 miles, they do this to make you come back. You are going to save money when you start following the recommendations in the vehicle’s manual.
T$C – National chains like Valvoline are notorious for making customers think they need oil changes more frequently than needed. They make all of their money by getting people in the door and upselling like crazy. Try to avoid this at all costs.
2. Go to local shops
We all have that one shop which offers us the best services because a good rapport is built with the mechanic. Though a number of people opt for national chains, it is recommended to go to local shops. Though the places are fine, you can get the best service from the local shops.
They are more than capable of getting the job done right in the first place. You can also get the car repaired without spending too much money from your pocket. In addition to this, most of the local shops will take better care of you as compared to the national chain. These shops have more time to listen to you as compared to the national chain.
T$C – Having a relationship with your local mechanic is a great way to save money. We have brought in so many new customers to our mechanic, we often get work done for free now.
3. Stop paying for high mileage oil
You will find that most of the oil change shops are telling you to use high mileage oil in the vehicle in case you have completed more than 100,000 miles on the odometer.
This is just not true. High mileage oil is not better than conventional oil. Then why pay more? It is a good idea only in case of burning or leaking oil.
In oil change shops around the area, you will obtain regular oil change at a much lower price compared to high mileage oil. You can prevent an unnecessary expense if you stop using high mileage oil for your vehicle.
4. Go for your own parts
This tip is certainly not going to work in every shop. However, if you can do it, you will be successful in saving a lot of money. Mechanical shops often charge high rates for those parts which are available at the local parts stores.
You need to let the local shops know that you are willing to purchase your own parts. Most of them will say that there is no warranty on those parts. Well, you do not need to worry as the parts manufacturer has already provided one. The mechanic just needs to provide a warranty of his own services. Always ask for a receipt.
5. DIY is a great idea
If you learn how to do it yourself, you are certainly going to save a lot of money. There are some basic car maintenance and repair tasks which are simple enough for anyone to take on.
You should have knowledge of changing the windshield wiper blades, replacing air/oil filter, battery, headlights, and brake lights. It may be a great idea to buy your own diagnostic reader. As you learn to fix the basic things by yourself, you will be able to save a lot of money.
6. Basic car maintenance
There are a number of car owners who do not give a consideration to auto maintenance. Even after they get a huge bill for the car repair. Basic car maintenance is necessary for people who are dependent on their vehicles.
Car enthusiasts, who love road trips for the outdoor adventures, count on the car for transporting them to the destination. Negligence in your car maintenance will cause your bank account to dry up in no time.
Having an emergency fund to take care of auto repairs is a must. Car repairs issues happen, there is no way around it. It’s much better to be prepared than blindsided.
7. Look around for different prices
This tip is applicable to anything you buy. However, it is exercised rarely while dealing with the repair of vehicles. When dealing with a car repair, always get a second opinion or even a third. It is not going to hurt you and it is certainly a great practice to shop around for the right rates.
If you are looking for options for money management, it is essential to shop around. You have a great possibility of overpaying on an auto repair if you don’t get a second opinion.
T$C – We recently had to replace the timing belt in our 2005 Toyota Camry. The first auto shop quoted us at over $1,000. We called a second mechanic for another quote and it was close to $600. This was a saving of over $400 by taking the time to call for a second opinion. Prices are always negotiable as well. Do your research and take your time finding the right mechanic for bigger auto repairs.
BONUS: Most reliable car brands
Found on: Money Super Market
Check out our Facebook page to join in the discussion.
What was the most expensive auto repair you have had?
Join our EXCLUSIVE email list for $avvy money making and saving tips!
Here we give you some of the best tips and tricks we have for making and saving money.
So whether you want to increase your income, get out of debt, save for retirement, or just learn simple saving tips, we have you covered!