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Senior white man driving car, his wife beside him in the front passenger seat, close up, side view.

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Fortunately, Franks drives an old, fully paid-off Toyota Highlander.

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He only has to worry about gas, maintenance, and repair costs.

My car may be a little old, but it still runs fine.

Its cheap to maintain, and it gets me where I want to go, he said.

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It often delays bigger, more expensive problems.

Thats why Frank prioritizes routine maintenance.

you might avoid costly repairs down the road by handlingsmall maintenance issueson time.

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Whenever possible, I take care of small repairs.

I change air filters, replace light bulbs and keep battery terminals clean, the retiree noted.

These are simple repairs that would cost me double at a repair shop.

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Finding Ways To Keep Insurance Premiums Low

Insurance is a big part of the overall car ownership.

Many people are over-insured without even realizing it.

I bundle up policies and take advantage of senior discounts to keep my premiums low, he suggested.

Frank also regularly compares premiums offered by different providers to ensure hes not overpaying.

There are days when the weather is so good, and I walk to shop for groceries.

He opts for public transportation for longer trips, where gas costs will be high.

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