These routine maintenance costs will likely help you avoid the higher costs of unscheduled maintenance.
Routine maintenance costs and requirements depend on your vehicle’s make and model. Extended warranties don’t make economic sense most of the time, but they do help avoid high-cost catastrophic events. Please note - severity score is a very good indicator of whether or not you might want to purchase an extended warranty. The closer the frequency score is to 0, the longer amount of time it can go without major maintenance services.Ī has a frequency score of % compared to an average of 12% for all vehicle models. The score is presented over a 3 year span - so for example, if a car has a maintenance frequency score of 3, then this car requires major services every year. A frequency score tells us how many times per 3 year span a specific vehicle requires major maintenance. You can tell how long a vehicle can go without maintenance services by its frequency score. Older vehicles may need more frequent services, while new cars can go longer without as much attention. Each vehicle requires maintenance at different frequencies. It should be noted that while we examine this data on a make model basis, driving habits, condition, and mileage obviously impact results. This “major” maintenance item is an expensive system breakage (generally a part or a component with pricing over $1,000) that requires repair. To examine the frequency of major maintenance we examined how many times the vehicle needed major unscheduled maintenance over a 3 year span.
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