When you need a new driveway built, or you have one that needs to be completely resurfaced, you might already be considering asphalt because of its low installation cost. Asphalt is often chosen because of how cost-effective it is, usually giving you a lower price point than other materials like concrete.

However, you may not know that it isn't just the installation where asphalt can save you money. If you're a budget-conscious homeowner looking to cut costs where you can, asphalt is an excellent choice all around, as it saves you money in many more ways than just its initial price.

It's highly durable

Asphalt is a tough material that can withstand high and low temperatures well. Some materials can crack when the temperature is particularly hot or cold, but asphalt generally holds up without damage. It's also more resistant to the ordinary wear and tear of vehicles driving and parking on it, so there's less chance of it needing repairs.

It's long-lasting

Once you've had a new driveway installed, you don't want to pay to have it done again anytime soon. An asphalt driveway will normally last 20 to 30 years, especially if you look after it. You really get your money's worth, and you don't have to worry about spending out again after a few years.

It's easy to repair

Despite its durability and how much care you take, asphalt can occasionally crack or chip. If it does, it's nothing to worry about. Damaged asphalt is easy to repair, and you can buy inexpensive products to do it yourself. Even if you do hire a contractor, it's a quick job that they won't charge much for.

It's cheap to maintain

The only maintenance asphalt needs is a bit of sweeping and cleaning now and then and sealing every few years. Without the need for more regular sealing and other maintenance, it will cost you less to keep it in good condition.

It's fast to install

When you're having a new driveway laid, you can't park your vehicle outside your home. If there's nowhere else to park, you may end up having to pay to store your vehicle somewhere, which gets expensive when you're waiting a long time for the driveway to be finished.

Asphalt is incredibly fast to install, and there's very little waiting time once it's been laid. In some cases, you can use it the same day, which is as convenient as it gets. At most, you should be back to normal in a couple of days.