Advances in auto technology have changed the game for motorists. From cutting-edge safety features to more efficient engines, cars are better machines than ever. However, unless you have one of the best extended car warranties, it can be extremely expensive to repair these high-tech features when they malfunction.
Here’s a look at the 2021 Toyota Corolla’s most expensive repairs, according to RepairPal. We used Raleigh, NC for our cost comparison data but the cost may be cheaper or more expensive depending upon your exact location.
Park Assist System
The park assist system is a self-parking feature. The system consists of electronic devices that rely on sensors, cameras, and other components. When they break down or malfunction, the entire system will often need to be replaced. Drivers can expect it to fail for several reasons. For instance, it could malfunction if the sensors become dirty or dull.
According to RepairPal, the average cost of repairing a park assist system is $800. That’s a significant chunk of change. It’s just one of the many expensive repairs that new cars might require.
Seat Heater Switch Replacement
Seat heaters are a popular feature in modern cars. They keep drivers comfortable on cold days and can be a lifesaver in the winter. The problem is that they can also be quite expensive to repair. The average cost to replace a seat heater switch is $371.
In most cases, the seat heater switch works without any problems. However, when the switch malfunctions, it causes the heated seats to stop working. It’s important to have this switch replaced as soon as possible, especially if you rely on the heated seats to keep warm.
Tire Pressure Monitor Control Module
The tire pressure monitor control module is a vital part of the Toyota Corolla’s safety features. This module monitors the air pressure in all four tires and sends alerts to the driver when pressure is low. If this module fails, however, it could lead to a blowout or other dangerous situations.
The average cost to replace the tire pressure monitor control module can range between $629 and $643. While the labor alone is typically under $60 for residents in Raleigh, NC, the actual parts for the module can be quite expensive.
Check Engine Light Due to EVAP System
A common problem with the 2021 Toyota Corolla fleet is a check engine light caused by the EVAP system. This is an emissions control device that keeps harmful toxins from entering the atmosphere. If it malfunctions, it can trigger a check engine light and lead to problems with your car’s emissions.
According to RepairPal, the average cost of repairing the EVAP system is $343. While this may not seem like a lot of money, it can add up over time.
Antitheft System Control Module
Another common concern with Toyota Corollas is the antitheft system. The antitheft system control module is responsible for the car’s security features. This module controls the alarm, locks, and other security features. The cost to repair a defective antitheft system control module is between $457 and $476.
Now, there are several common warning signs that the antitheft system control module is failing:
- The car’s security features stop working,
- The alarm is going off for no reason, or
- The locks are not working.
If one of these occurs, there’s a good chance that the module is defective. It’s important to take your car in for a professional auto repair as soon as possible.
Cost of Owning a 2021 Toyota Corolla vs. the Cost of Living in Raleigh, NC
Even the most reliable cars can run into issues and need auto repairs, insurance, and fuel. That means you’ll always pay a price to own your car, no matter who makes it. But how does the cost of owning a 2021 Toyota Corolla compare to the cost of living in Raleigh, NC?
Now, according to Numbeo, the cost of living for a single person in Raleigh is $885.51 without rent. That is 5% lower than the national average. The true cost of owning a 2021 Toyota Corolla, comparatively, is as much as $6,234 in the first year (about $519 a month) and up to $25,093 over five years.
While the cost of living in Raleigh is close to the national average, the cost of owning a 2021 Toyota Corolla can impact the typical resident’s financial well-being. The cost of maintenance, repairs, insurance, and fuel increase significantly after the first three years.
Saving Money on Repairs
Here are some tips on saving money on repairs for a 2021 Toyota Corolla:
- Trade in the car after three years or 75,000 miles,
- Maintain the car properly,
- Opt for bumper-to-bumper warranty,
- Improve fuel efficiency with regular servicing
- Check for recalls on your car yearly
- Keep your driving record clean to lower insurance premiums, and
- Find a good mechanic you can trust.
Finally, keeping up with routine maintenance is the best way to avoid expensive repairs. By taking care of the car, you can reduce the risk of malfunctions and make sure you get the most out of your vehicle. Having a full coverage policy on your vehicle can save you lots of money in the long run.
You might also want to keep your insurance premiums low. Insurance premiums are calculated based on several factors, including where you live, your age and gender, your driving record, and what kind of car you drive. However, frequent claims on an expensive new car can lead to even higher premiums.
Takeaway: Owning a 2021 Toyota Corolla is an Investment
In the end, owning a 2021 Toyota Corolla is an investment. With proper maintenance and care, it can be a valuable one. Be sure to weigh the costs and benefits of owning a car before making a decision on your purchase.