Owning a car can certainly take a toll on your wallet. Not only is purchasing a car expensive, but the repairs and part replacements are also incredibly costly. You will want to understand all these costs to create a budget for your car.
We can tell you now that the work does not end when you have purchased the car. There will be multiple maintenance and replacements you will have to undertake, which will add to the work and costs. This can result from standard wear or tear or an accident leading to significant damage. This includes the most expensive car parts that you may have to replace. This article will look at the top 5 expensive car parts and their replacement and repair costs.
Without further delay, let’s dive in.
1. Engine and its cylinders
The engine can be considered the heart of your vehicle and converts fuel to power so your car can move. As such, it is the most expensive car part to replace and repair, especially if there has been significant damage. This cost can be even higher if you have a luxury car. This is because the entire engine needs to be removed so the cylinders can be repaired or replaced. This can cost between $7k-10k, and you’re better off just buying a new engine for your car. This is because a new engine can cost between $3k-8k. In fact, you are probably better off buying a new car in some cases and selling the busted vehicle.
2. Hybrid Car Battery
Hybrid cars are the future as they do not depend on gasoline for their power. They rely on the electricity created from their battery, like powering the car’s AC. This is why they can be so expensive. Replacing them alone can cost you $6k+, which is why they are one of the most expensive parts of a car. Since hybrid cars are relatively new, the technology for the electric vehicle battery is still not optimal. The charge they hold can begin to lower, similar to how a smartphone battery can start to disintegrate. Therefore, you will likely have to confront this high cost if you want to buy a hybrid vehicle.
3. Transmission System
The transmission system is crucial to your vehicle as it enables your wheels to turn. It is a complex system which controls the power from your engine to the wheels. This is also where your vehicle’s clutch system plays an important role. However, since it is used so much, it can be subjected to regular wear and tear, which leads to friction that can damage the transmission system. If these problems occur, it is crucial to repair them lest they persist and lead to significant damage. In such a case, you may have to replace the whole thing, which can make this one of the most expensive car parts to replace.
4. Airbags
Airbags can be lifesavers, and your best hope is that you never need them in any situation. Regardless, they can be crucial in saving you from a fatal accident. After they have been used, you can not reuse them, and you should get them replaced as soon as possible. Be warned that airbags can be a hefty cost between $2.5k-4k. You may even have to repair or replace the steering wheel, which all adds to the price. This makes them one of the most expensive parts for cars. However, compared to your invaluable life, this cost is nothing and something you should prioritize paying for.
5. Suspension
The suspension is an integral part of your vehicle and is designed to help protect you while driving. It comprises shock-absorbing parts that absorb the high energy that results from bumps and shaking while driving. This ensures a pleasant and safe driving experience, resulting in many people not realizing the importance of a suspension system. The individual parts of the suspension are not expensive to repair, but a complete overhaul of the suspension system can be a hefty cost. You are looking at prices between $2.5k-4k due to extensive parts and expert labor required.
Wrapping up
A car can be expensive, but the costs do not end there. Various repairs and maintenance may be unavoidable, and you will have to consider these for your budget. After all, your vehicle will likely be subjected to a lot of wear and tear. To give you an idea of how expensive this can be, we have discussed the top 5 expensive car parts to replace and their repair costs. This way, you will know how to move forward if a problem occurs.
We hope this article proves insightful and improves your knowledge of car parts. Thank you for reading!