A few weeks ago my car broke down. The car in question wasn't my normal driving car but instead my classic car that I only drive occasionally. I decided to take it out for a spin on a sunny afternoon and only got a few blocks away before it stalled out and wouldn't start again. I tinkered with it a little but couldn't find anything obviously wrong so ended up walking home.
Decide To Fix it Myself
The car wasn't far from my house so I called my friend who has a truck and he towed me home. This saved me a tow fee which would have ran about $50. To pay back my friend I bought him dinner for about $13. The problems with the car didn't seem too major and I figured I should be able to fix it myself. When I got the car home I tinkered with it some more and ended up making a couple trips to the auto stop for parts. I spent $8.66 at the first trip to the auto shop and then another $8.97 on my second trip. I don't know exactly how much I would have had to pay a mechanic to do the work but I'm assuming it would have cost something in the range of $100 to $200.
Worth the Time
All together I spent less than $31 on the parts and dinner for my friend. Towing the car would have cost $50 and having a mechanic fix it would have ran minimum $100. So I would have spent at least $150 if I hadn't done the work myself. I saved at least $119. I didn't exactly track how long I spent working on the car. I'm guessing I spent 3-5 hours total between my tinkering and trips to the auto shop. Since I worked 3-5 hours and saved about $119 that comes out to a decent hourly wage. On an hourly basis I saved $23.80 to $39.67 per hour.
A little help, a little luck, the right situation
Of course I also benefited with the help of my truck owning friend. Every frugal person needs a friend with a truck. I'm not a car mechanic and not very knowledgeable or experienced with car repair. I've done a few minor repairs over the years but am not too confident in my skills and I count myself somewhat lucky that I got the car fixed properly. If I hadn't been able to fix it myself I might have wasted several hours of my time and the $18 on parts and still had to pay a mechanic. If this was my only car then I might have had to hire a mechanic first thing in order to make sure I had transportation. Or if I was busy doing other important things I might not have had the time to do the work myself.
In this case it worked out just fine and I saved myself some money. The more work I do on cars the better I'll get at it.
September 16, 2010
DIY Car Repair
Labels:
automotive,
frugal