The answer is an irrefutable YES! Researching the costs of oil and filter changes, brakes, and tires before buying a vehicle is essential for several reasons. First, it helps in budgeting and financial planning. Knowing these costs upfront allows you to factor in regular maintenance expenses and avoid unexpected financial strain. Vehicles, especially used ones, may require immediate or frequent servicing, and being unprepared for these expenses can lead to financial difficulties.
Understanding these maintenance costs can influence your choice of vehicle. Different makes and models have varying maintenance requirements and costs. For instance, luxury vehicles or certain high-performance models might have significantly higher costs for parts and labor. By researching beforehand, you can choose a vehicle that fits your budget not only in terms of purchase price but also in terms of ongoing maintenance.
Performing regularly scheduled maintenance is critical to the longevity & performance of any vehicle today. A record of scheduled maintenance in a vehicle’s history report (CarFax or AutoCheck) can increase the value by as much as 10-15%. There is always a very strong correlation between a strong maintenance history and the condition of the vehicle. Rarely will you find a vehicle that looks great cosmetically with a poor record of maintenance. Exceptions might be work or fleet vehicles that get maintained religiously but see the scars of daily battle as they are used as tools for business.
Doing your research also aids in evaluating the total cost of ownership. The initial price of a vehicle is just one part of the overall cost. Regular maintenance, repairs, fuel, and insurance contribute significantly to the long-term expense of owning a car. By knowing what to expect in terms of oil changes, brake replacements, and tire costs, you can make a more informed decision about the vehicle's affordability over its lifespan. Also, researching maintenance costs can prevent potential safety issues. Regular maintenance, especially for critical components like brakes and tires, is essential for ensuring the vehicle's safety. Skimping on maintenance due to unforeseen costs can lead to dangerous driving conditions. Being aware of these costs helps ensure that you can maintain your vehicle properly, keeping it safe and reliable.
By researching the costs of oil and filter changes, brakes, and tires before purchasing a vehicle, it helps with financial planning, influences vehicle choice, provides a clearer picture of the total cost of ownership, and ensures the vehicle can be maintained safely. This proactive approach can lead to a more satisfying and worry-free vehicle ownership experience, as many believe that if they can afford the car payment and insurance, they can also manage the costs of gas and car maintenance. This perception stems from a common oversight: underestimating the frequency and variability of maintenance expenses. Car payments and insurance premiums are predictable monthly costs, making them easier to budget for. However, maintenance and fuel costs can fluctuate significantly based on driving habits, vehicle condition, and unforeseen repairs. This can lead to a financial strain if not properly anticipated. The assumption that gas and maintenance are minor expenses compared to the car payment and insurance often leads to insufficient budgeting for these critical aspects of vehicle ownership. As a result, many drivers find themselves unprepared for the true cost of keeping their vehicle running smoothly and safely. By thoroughly understanding and planning for these expenses, one can avoid financial surprises and ensure a more stable and sustainable ownership experience.
