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Setbacks and a milestone

May 19th, 2015 at 05:59 am

I took my car in yesterday. 60k maintenance = $353. Ouch...

As if that isn't bad enough, they called me with another 1200 in recommended repairs. All my fluids (transmission, power steering, and brake) need to be flushed in addition to some other stuff (including my rear brakes and a burnt license plate light bulb). SO can do the rear brake pads, but they also suggested machining the rotors (something to do with the brake pads). Does anyone happen to know if it would hurt anything for SO to do the brake pads and then I could just have them machine the rotors (each service was $200+, so if I could knock one off, that'd be great). I got a recommended order on the fluids, so I'll be addressing one/month over the next 3 months. I also plan to look into doing this work with someone other than the dealer. All of this unfortunately means the CCs will take longer than I want. I put the repair on the CC for the rewards and then immediately put a $500 payment to it. I have about a grand on the Freedom card and I hope to pay down another 400-500 by the end of the month. I was hoping to having it paid off, but that's looking unlikely unless I draw some of the money I'm still 'owed' from our joint account. (I probably won't do this as this was a lean month for us since SO has training, but I am tracking it. As we get surpluses, I have $750 that needs to be repaid to my cards.)

On the plus side, I'm $2 away from the 10k mark on my 401k. Seeing as my family has never been good with money, I think this is a huge start for me. I want to eventually get my savings up to 10% (which will happen automatically in June to coincide with raises). It's probably small change to most people, but to have 10k aside in retirement is a pretty big deal for my family.

6 Responses to “Setbacks and a milestone”

  1. creditcardfree Says:

    That is a great start on your retirement! You'll need much more than $10K, but if you keep adding it will grow and someday you will be amazed at how far you have come.

  2. Petunia 100 Says:

    Time and regular monthly contributions are your friends. I am a big believer that even small monthly contributions add up over time. It takes awhile to get that momentum working for you, but once you do your money takes over and starts growing by leaps and bounds all on its own. 10k is an important milestone. Smile

  3. Ima saver Says:

    I have to smile when I read about how happy you are to have $10,000 in your 401K. When I was much younger, in my 20's my biggest hope was to someday have $10,000 in my savings account; that was my goal!
    We went to the car dealership yesterday to get our oil changed (for free) and a young woman was kidding about how much she would like to have the new corvette in the showroom; However, she said, she only had a waitress's earnings and could never buy one. How much I wanted to tell her, that I was a waitress and the most I ever made in one year in my life, was $8000! BUT, I always saved 10% of my tips and earnings and we drive a new corvette. Slow and steady wins the race.
    You are doing great!!!!

  4. FrugalTexan75 Says:

    I would check around for prices at other places than the dealer for all those things. It might not be a bad idea to see if someone where you work, etc. could recommend a mechanic..

  5. MonkeyMama Says:

    Congrats on the $10k!

    I'd personally run from the dealership and find an independent mechanic. (We pay pennies for maintenance and on average keep our cars for 200k miles).

  6. snafu Says:

    Adding to great advice already posted, please check your owner's manual to match up year & mileage maintenance. Are fluids down, discolored or 'burnt?' They may not need to be replaced to increase the profit margin for the dealership. Check on-line for what other owners of your vehicle's make/model/year suggest at 60K miles and the various check points in the manual.

    * ask who does the actual work on your car at the dealership. {I found it was done by a high school kids who participate in a school apprenticeship program for credits. A mechanic tried to monitor a dozen students snd do his tasks too]

    * check with Better Business Bureau for ant complaints about dealership or unnecessary maintenance.

    Our Honda dealership always suggested our car urgently needed work to be safe if I brought it in for [free] oil changes but never when DH brought it in.

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