As soon as the car hits the mark of 60Kmiles, the owner has to make the decision. To keep it or get rid of it. If you decide to keep it, than prepare for more expensive tune Ups, or Preventive and Scheduled Maintenance Services. The squeaking noise means it is the time to replace the serpentine belt. It cost $30 and can be done by owner in 5 minutes, but from now you have to save some money, because between 60K and 90K the timing belt has to be replaced too with a new one. It is not the belt only, there is a kit with belt tensioners that cost $290 parts only.
For more information please read my tip:
When should i change the timing belt on my car?
http://www.fixya.com/cars/r6481199-when_change_timing_belt_car
After the timing belt most of the car dealers recomment to flush and change all fluids with the new one. Transmission oil and filter, coolant, brake fluid and more ....
Testimonial: "thank you"
If you have trouble locating the source of the squeak with the hood
open, use a cardboard tube (e. g., paper towel roll core) as a
stethoscope (caution - tie back long hair or other danglers first - you
don't want something to tangle in the belt and yank your head into the
engine!). A rhythmic squeak from the engine is likely a belt slipping. A steady squeal could be a bad bearing - check the belt tensioner pulley, alternator, power steering pump, and air conditioner clutch. The worst case would be a bad bearing in the engine or transmission.
On manual transmissions, a failing clutch throwout bearing could squeal when the car is not in gear and the clutch is not engaged but go silent under load.
Failure to keep running when the engine is cold can be caused by any number of tune-up issues, but it is more likely if you have extra load from a bad bearing. Check the usual suspects - air filter, spark plugs and wires, vacuum hoses, etc.
Testimonial: "Thank you. we think it was the alternater belt and tighted it and it hasnt squeked yet"
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