Financial Planning 15 of the Most Expensive Car Repairs Read the Article Open Share Drawer Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on Tumblr (Opens in new window)Click to share on Pinterest (Opens in new window)Click to share on LinkedIn (Opens in new window) Written by Mint.com Published Apr 3, 2012 1 min read Advertising Disclosure The views expressed on this blog are those of the bloggers, and not necessarily those of Intuit. Third-party blogger may have received compensation for their time and services. Click here to read full disclosure on third-party bloggers. This blog does not provide legal, financial, accounting or tax advice. The content on this blog is "as is" and carries no warranties. Intuit does not warrant or guarantee the accuracy, reliability, and completeness of the content on this blog. After 20 days, comments are closed on posts. Intuit may, but has no obligation to, monitor comments. Comments that include profanity or abusive language will not be posted. Click here to read full Terms of Service. For the second year running, the cost of auto repairs has dropped significantly, according to CarMD’s 2012 Vehicle Health Index. The average repair set consumers back $334 in 2011–about 90 bucks less than the all-time high of $422 back in 2006, and 6 percent down from 2010. For that you can thank an overall decrease in labor costs and rising competition among autoshops to draw consumers with lower prices. What stands out in the report are two of the biggest factors that determine how much you’ll pay: where you live and how old your wheels are. Region Westerners are getting hit the hardest. They shell out an average $360 per repair–17 percent more than the $309 Midwesterners typically pay. Consumers in the Southeast and Eastern regions fall somewhere in the middle, at about $330. Age Americans are hanging on to their old wheels longer than ever these days and unsurprisingly, the older the vehicle, the higher the cost of repairs. The average repair for a 2001 model vehicle cost about $348 per repair. “At nearly 11-years-old, even well-maintained vehicles will see parts begin to fail due to age,” the report says. “The fact that so many are still going strong is a testament to the improved designs from the manufacturers, but also a warning to consumers that failing to do regular maintenance will lead to trouble down the road.” Take comfort in the fact that some of the most common repairs are either inexpensive or simple enough to do yourself. Too bad the same can’t be said for these: “15 of the Most Expensive Car Repairs” was originally run as “15 Car Repairs That Will Absolutely Kill Your Wallet” and was provided by BusinessInsider.com. Previous Post MintFamily with Beth Kobliner: Tax Tips for Busy Parents Next Post Easter Dinner on a Budget Written by Mint.com More from Mint.com Browse Related Articles Mint App News Intuit Credit Karma welcomes all Minters! Retirement 101 5 Things the SECURE 2.0 Act changes about retirement Home Buying 101 What Are Homeowners Association (HOA) Fees and What Do … Financial Planning What Are Tax Deductions and Credits? 20 Ways To Save on… Financial Planning What Is Income Tax and How Is It Calculated? Investing 101 The 15 Best Investments for 2023 Investing 101 How To Buy Stocks: A Beginner’s Guide Investing 101 What Is Real Estate Wholesaling? Life What Is A Brushing Scam? Financial Planning WTFinance: Annuities vs Life Insurance