How much should I budget annually for car repairs and maintenance?

I have a 2007 Kia Spectra. I want to make sure I get regular repairs since it's an older vehicle and it already has almost 100,000 miles.

“Consider the routine costs.
Depending on how much you use your car, you’ll need to get an oil change and rotate your tires every year.
Every 10,000 miles, you’ll need a basic inspection of your vehicle’s:
  • fluids
  • belts
  • hoses
Every 25,000 to 50,000 miles, you’ll also have to get your tires changed. Before you hit 100,000 miles, it’s a good idea to get a full vehicle inspection by a mechanic.
In short, your vehicle’s annual maintenance costs may fluctuate depending on the work that you need done that year. It’s a good idea to set aside an extra fund since routine maintenance costs aren’t covered by car insurance.”
Sophie Newman
Answered on Jul 29, 2021
Sophie Newman is a writer from California. Her hobbies include brewing her own kombucha, riding horses, and taking long road trips.

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