Skipping car maintenance may seem like a money-saving strategy, but it can lead to higher bills later on. Financial expert Suze Orman emphasizes that routine service is a smart financial move, as it not only protects your vehicle but also extends its lifespan. Orman highlights that new car payments average over $700 a month, while used car loans top $500.

Consumer Reports states that consistent maintenance is key to maximizing a car’s lifespan. Following the manufacturer’s service schedule can help a reliable, modern vehicle reach 200,000 miles or more. Orman advises sticking with a reliable older vehicle to keep insurance premiums lower, as newer cars generally cost more to insure.

Orman warns against skipping car maintenance, as every dollar saved today could result in $4 to $10 in repairs later on. Regular upkeep like brake pad replacements, coolant level checks, oil changes, air filter changes, and spark plug inspections can prevent costly breakdowns and provide peace of mind. Regular inspections and tune-ups can help avoid surprises and costly repairs.

Read more at Yahoo Finance: 3 Reasons Suze Orman Warns Drivers About Skipping Car Maintenance