According to statistics, the average cost of car repairs is between €500 and €3,000. Possible reasons for repairs include, for example, a broken windscreen, a collision with another car, an accident with a wild animal, a collision with a kerb and other accidents.
When 6–7 years have passed after you bought your new car, you can expect to pay your first major expenses, as most vehicles will be out of warranty by then. Failure to service a car on time increases costs, as the wear and tear of one part significantly accelerates the wear and tear of other parts. For example, postponing engine chain or belt replacements and suspension repairs can lead to wear on other parts of the tyres later on. Regular and timely servicing of a car is essential, as it involves a thorough inspection of the car to identify signs of wear and tear. Maintenance usually includes a tyre check, which is also important for the safety of both the car owner and fellow road users.
Unexpected car repair costs can break the family budget, so it’s important to think carefully about what you can afford to pay for yourself, when it makes sense to use the ‘buy now, pay later’ solution, and when to seek help from a loan. The ‘buy now, pay later’ solution allows you to pay for unexpected expenses, such as spare parts, tyres or maintenance, without interest or any extra charges. It’s a flexible financing option in the case of unexpected expenses, such as accidents, as well as for covering the costs of scheduled car maintenance. If the cost of repairing your car becomes very high, you should also consider replacing the car with the help of a car loan.
