4 Most Expensive Car Problems

Your friendly neighborhood auto mechanic won't have to put a huge dent in your savings account for certain repairs, but other car repair issues can cost a bundle. Knowing the most expensive car repairs can help you look for red flags and prepare yourself for those expenses.

Transmission Replacement

4 Most expensive Car Problems

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Writing for Angie's List, automotive expert Tom Moor calls transmission repair and replacement one of the most expensive jobs that auto repair shops perform. The transmission funnels your car engine's power to the wheels so that you can continue to drive. According to Moor, replacing a transmission can cost as much as $8,000, and rebuilding a transmission might run you $3,800 or more.

To avoid this extremely expensive repair, focus on preventive maintenance. Check your transmission fluid levels and quality regularly. If you notice a strange color or peculiar odor, visit your auto mechanic immediately. Additionally, you can protect your transmission by stopping the car if it starts to overheat, not towing in excess of your car's listed tow capacity, and warming up your car before you start driving in the winter.

Blown Engine

Your car's engine is arguably its most important part, and a blown engine will cost you dearly if you decide to replace it. An engine's size, abundant moving parts, and highly technical assembly all contribute to its high price tag. Plus, you have to pay for the labor that auto repair shops charge to install the new engine. 

If you don't want to face the decision between replacing a blown engine and buying a new car, take care of your car's existing engine. Perform routine maintenance, from oil changes to fuel filter replacements, and avoid stressing your engine through fast acceleration. Brake gradually when possible to avoid putting more pressure on the engine and reducing its lifespan.

Suspension Replacement

Replacing just part of your car's suspension system might not put too much stress on your finances, but if you have to replace everything at once, you're looking at a bill of up to $3,500, according to Goliath's automotive team. Not only do the parts cost a bundle, but the labor expenses also add significantly to the final bill.

Accordingly, take it easy over bumps or potholes. The impact increases wear and tear on your struts, shocks, and control arms. Keep your tires fully inflated, and have your auto mechanic rotate them regularly. If you notice that your car drifts left or right while you're driving, get the alignment checked out.

Air Bags

If you have an accident and your air bags deploy, you'll need to replace them. This is one of the most costly car repairs, but fortunately, it's only necessary after a collision. Goliath reveals that air bag replacements can cost anywhere from $2,500 to $4,000 because of the job's complexity and because other parts of the car might also need replaced, such as the steering column or dashboard.

Expensive car repairs can put significant financial strain on singles and families. You might mitigate those costs by signing up for a repair reimbursement program. That way, you're not stuck with a hefty bill and a depleted checking account.