Car owners can be surprised by how expensive auto repairs can be. Just like owning a pet or a form of technology, your automobile requires proper maintenance and care. When you least expect it, your car can become sick and may need immediate assistance.
From popped tires to dead batteries, you do not want to find yourself stuck on the side of the road without funds or an action plan. Thankfully there is financial assistance for car repairs to help get you out of these sticky situations.
Common Car Repairs
As a car owner, it’s important to be aware of common car repairs and maintenance. It’s not uncommon to find yourself in a predicament where you may have to drop thousands of dollars for a single car repair. Some individuals may get stuck going way over budget when it comes to auto repairs.
Each car will have some wear and tear, but as your car ages and adds mileage, your automobile may eventually experience more than the standard issues. With cars that are ten years old and older, it’s very common to run into problems with your battery, tires, air filters, and more¹. After you hit 30, 60 and 90 thousand miles, you can expect your car to come due for scheduled maintenance.¹
Oil changes, wiper blade replacements, replaced air filters, new car tires, brake pad replacements, and wheel balance and rotation are just part of the ongoing maintenance work that needs to be done on most cars. Stay prepared and avoid the need to obtain financial assistance for car repairs by creating an emergency fund. Keeping up with maintenance on your car can help avoid some problems down the road.
How to Pay for Car Repairs
Those car repair expenses can really add up. So what are you supposed to do when faced with a major auto repair? Here are a few ways to receive car repair financing from the loan experts at MaxLend.
Credit Cards
Car repair financing can be done with the help of credit cards. Using a credit card is quick and convenient for covering the cost of emergency repairs, but it’s not cheap. Before you decide to charge your auto repairs on your credit card, think about the interest rates and how long it will take you to pay it off.
Some credit card companies will provide you with lower interest rates when signing up for a new card. Mechanics and auto repair shops also offer company credit cards with rewards that can help pay for your car maintenance and emergency repairs. Keep in mind that potentially high-interest rates can leave you in a difficult situation.
Auto Repair Loans
Another form of financial assistance is auto repair loans. Taking out a loan can help get you the money you need without the hassle. Depending on the lender, the funds can be deposited into your account as soon as today.* Installment loans allow borrowers to pay back the funds in scheduled regular payments.
There are many forms of cash advance loans, including alternative solutions to payday loans. Borrowing funds can provide you with quick cash. Take back control of your funds with the help of auto repair loans.
Don’t give up on your automobile. Now is the time to fix your car with the necessary financing. With MaxLend, get the financial assistance for the car repairs that you need without the hassle. For more information on applying for car repair financing, contact us today. Call us anytime, 24/7, at 877-936-4336.
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Sources:
- Wheeling Auto Center – The Top 9 Most Common Car Repairs
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*Same Day Funding is available on business days where pre-approval, eSignature of the loan agreement and completion of the confirmation call, if a call is required, have occurred by 11:45 a.m. Eastern Time and a customer elects ACH as payment method. Customers who complete this process by 1:30 p.m. Eastern on business days may still receive funds on the same day, but some banks may not disburse the funds until the next business day. Other restrictions may apply. Certain financial institutions do not support same day funded transactions. When Same Day Funding is not available, funding will occur the next business day.