HOW TO SAVE MONEY….by performing your own oil change!
1. Supplies
Initial Investment (You Buy These Things Once): Socket Wrench ($20 avg), Funnel ($3 AT MOST), Oil Pan/Bucket/Basin ($10 for something like this), Jack Stand ($20 avg).
Supplies Required for Every Oil Change (OC) : Motor Oil - $20, Oil Filter - $5
2. Breaking Even
Total Initial Investment (Initial Inv. + Oil/Filter): $78 Dollars
Total Cost of OC after Initial Investment: $25
**Average Price of Standard OC at Shop X (via my own invoices): $35
Total Savings: $10
Amount of Mileage it Takes to Break Even on about $80 Initial Investment Assuming Driver Changes Oil per 5,000 miles (*amount varies per person): 40,000 miles.
Assuming OC per 5,000 miles: 48,000 miles.
Per 4,000 miles: 32,000 miles.
3. Savings In Comparison to $35 OC at a Service Center
Assuming an OC per 5,000 miles, total savings on a car with a 200,000 mile shelf life: $160
300,00 mile shelf life: $260
With that extra $100+, which is really $10 every couple of months, you could…
- place it towards your gas budget.
- use it towards other bills.
- donate to a cause you would like to stand for!
- buy other things -_-
- SAVE it.
Guides on how to do it yourself:
