What Type of Emergency Car Repair Expenses Are There?
Do you know what’s almost as reliable as your monthly car payment? Having to regularly deal with an emergency car repair. According to a recent Ally survey, an average of $2,000 is spent on car maintenance and vehicle repairs over five years.
Unexpected car repair costs can be a significant burden. And about 4 out of 10 adults say they would need help to cover a $400 emergency car repair. That’s tough when the average driver spends about $3,500 in car costs outside of expenses like car payments and gas, according to the United States Department of Labor.
So, when it comes down to your vehicle, you have to be on top of your emergency car repair expenses. Here are some of the most common emergency car repair situations you may find yourself facing over the years — and learn how to pay for car repairs and manage emergency car repair expenses effectively.
The Most Common Emergency Car Repair Expenses
Engine Leaks
There are several different reasons why oil may be leaking from your engine — and many of them can be serious. You could have faulty valve deals, gaskets installed incorrectly, or an improperly attached oil filter.
Whatever the case, an engine leak is an emergency car repair that should be completed as soon as possible. You should not drive for very long after you spot an oil leak. Leak repairs can range anywhere from a few hundred dollars to thousands.
Blown Head Gasket
Another potentially disastrous emergency car repair involves the engine’s head gasket. The head gasket keeps coolant and oil away from spark plugs and fuel. If a head gasket is blown it can lead to oil loss, poor engine performance, and visible white smoke coming from your exhaust. Your engine will stop working. This emergency car repair often costs as much as $1,500.
Battery Replacement
Installing a new battery is a common car repair, but it becomes an emergency when you drive for too long on an old or corroded car battery. It can damage your engine — if you can even get it to start. While replacing a car battery may be comparatively cheap as far as an emergency car repair goes, waiting too long for the repair can lead to more serious issues and even more money.
Brake Repair
Properly working breaks can save your life in many different types of car accidents. Their many elements, including drums, rotors, pads, and shoes, need to be kept in top shape. This type of emergency car repair varies wildly in price depending on the type of car. You can expect to pay up to $400 per axle if you need to replace the rotors or pads.
Tire Replacement
Nothing lasts forever on a car — especially tires. Whether you drive solely to work and back each day on a highway or regularly take your car off-roading or on long trips, you will need to replace your tires at some point. You may also encounter emergency damage to your tire, such as it being torn or blown out.
Sometimes you need to replace up to all your tires at the same time. It's an emergency car repair that can set you back. Depending on the damage and the type of vehicle, complete replacements can run you about $200 a tire.
Safety-Related Car Repairs
A car repair is always considered an emergency when it impacts the safety of a driver and passengers. This can include everything from replacing a faulty airbag and seatbelts to routine service that is far overdue or the overall failure of an integral vehicle part. Whatever the expense, these repairs need to be prioritized. They cannot be ignored, even if they are expensive.
Financing Car Repair Options: How Car Title Loans Can Help
Emergency car repair expenses can put a real strain on your finances, especially if you do not have an emergency fund, but financing car repair options like car title loans can help. In as little as 30 minutes you may qualify for car title loans up to $15,000 — and you can get the cash you need the very same day or the next business day. All you need to have is a lien-free vehicle title to use as collateral.
Plus, you keep and drive your car as usual for the entire loan period. It’s easy to qualify for car title loans through Nevada Title and Payday Loans, Inc. when you need help. All you need is the lien-free title to your car, your vehicle for inspection, and a driver’s license or state-issued ID.
Fill out the short inquiry form on our website. We will then give you a call so we can plan a time for you to meet with one of our agents to examine your required items and inspect your car to determine how much of a loan you qualify for.
After the call, you can head over with your items for the car inspection. This inspection will be at the nearest Nevada title loan location. If you are approved, we will go over the loan terms and have you finish the paperwork. Once done, the emergency car repair financial help you need is on the way.
Tips For Managing Unexpected Car Repair Costs
When you are hit with unexpected car repair costs finding affordable repair services, learning how to reduce expenses, and finding car repair financial assistance makes a big difference in your budget when covering the costs. The Repair Assistance Program is just one program in Nevada that can offer a helping hand if your vehicle does not pass inspection for one reason or another. You can also follow some of these simple rules for car repair cost management listed below:
· Purchase a car with good reviews
· Read your owner's manual
· Keep up with your scheduled maintenance and oil changes
· Educate yourself on fair repair and maintenance costs
· Patronize smaller mechanic shops and build a relationship
Get Started Today With Nevada Title And Payday Loans, Inc.
An emergency car repair can happen to anyone at any time. If you need financial assistance, consider car title loans from Nevada Title and Payday Loans, Inc. as a way to help you out.
To find out more about your car repair loan options visit us online to fill out the inquiry form, give us a call, or visit us today to start the fast loan process.
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.