🚗
Build a car repair fund — before you need it
Cars break. Tyres wear. MOTs come due. Enter how much you want set aside and get your per-paycheck saving amount. Don't let a car bill wreck your budget.
Sinking Fund CalculatorFree · No signup
$
$
Fill in your goal details
to see your number.
What to include in your car fund
🔧Annual service / oil change
✅MOT or safety inspection
🛞Tyre replacement (budget $400–800)
🔋Battery replacement
🛑Brake pads and discs
💧Coolant, wipers, fluids
🪟Windscreen chips and repairs
💰Unexpected repair buffer
How much should a car fund be?
A commonly cited rule is to budget 1–2% of your car's value per year for maintenance and repairs. For a $10,000 car, that's $100–200/month. For a newer, cheaper car, $50–100/month is often enough.
Newer car
$600/year
$23/biweek
$50/month
Average car
$1,200/year
$46/biweek
$100/month
Older car
$2,400/year
$92/biweek
$200/month
Track your car fund alongside all your other goals
Finchsave tracks your car fund, Christmas, vacation, and any other goal simultaneously — and gives you one number to set aside each paycheck.
Start your car fund free