“The average American spent $1,986 on car repairs in 2019, which equates to around $192 billion total for the entire country.
That’s a ton of money to spend on car repairs, especially if you’re on the hook for a comprehensive deductible
on top of routine maintenance.
If you were to create a maintenance budget, this would mean that you need to save $165.50 each month, which is right around how much experts suggest that you put into your car maintenance budget (often cited as between $100 and $200 a month).
As you budget for car ownership, don’t forget to plan for car insurance. Insurance can be a costly aspect of owning a vehicle, but it doesn’t have to be.
While insurance might not be considered maintenance, it does help payout in the event of an accident, saving you money when you need to repair your car. If you want help shopping for the best coverage at the lowest price, try using the Jerry
app. Jerry compares rates from the top providers and delivers the best deals to your phone in minutes. And the best part–it’s free
to shop for insurance with Jerry.”