This is a very subjective matter and the price can vary from as little as $100 to thousands of dollars depending upon the type of vehicle you drive and what are the exact maintenance work that needed to be carried out. Still, we will try our best to give you a rough idea of how much money you might need to set aside every month for maintaining your car and keeping it in running condition.
Amount you should save per month for maintenance
The general rule of thumb here is $100 per month if nothing unexpected happens. To be on the safe side you can set aside about $150 every month towards maintaining your car. Some months you might not need all of it and other months you might need more depending on whether the car runs into a problem or some part start malfunctioning.
Things that require a monthly maintenance
If it’s minor like window washing fluid, car wash soap, putting air in the tires, machine car wash, the cost should stay under the $100 mark per month. If there is a problem with a more complicated part then this cost will become considerably higher.
Some common parts of the car that can cause the repair costs to sky rocket are defective air conditioning units, water pumps, wiring harness, alternator, battery, engine and timing belts, gear boxes, and fuel manifold.
If you are able to set aside a $100 a month you should have all bases covered. Generally, during the first few years of owning the car, the maintenance costs should be relatively low unless you get into a major issue. The costs will start creeping up as the years go by and that should also be taken into consideration when trying to calculate and estimate the cost of maintenance every month for your car.