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When comparing installation costs, asphalt is often less expensive upfront than concrete. Asphalt prices typically range from $7 to $15 per square foot, while concrete can range from $3 to $18 per square foot. However, long-term costs should also be considered. Concrete driveways generally last longer (up to twice as long) and require less maintenance, which can make them more affordable over their lifespan. While asphalt has a lower installation cost and is easier to repair, it requires more frequent maintenance, such as sealing, which can add up over time. Therefore, while concrete is more expensive initially, its durability may offset the cost in the long run.

The three most common types of asphalt are hot asphalt, MC cold mix, and UPM asphalt. Hot asphalt is used most often for paving and patching roadways while it’s hot and workable. MC cold mix asphalt cures more slowly than hot asphalt, but it can be used for temporary patches and repairs in low-traffic areas. UPM is also used cold, but it can be used as a longer-term fix, usable in almost any conditions at almost any temperature.

New asphalt typically needs 24 to 72 hours to dry before it can handle light foot traffic and careful driving. Although it may appear solid after a few days, the full curing process, where the asphalt reaches its peak strength, takes much longer—generally from 30 days to a year.

During this extended curing time, the surface remains relatively soft and can be damaged by heavy vehicles, sharp objects, or high temperatures. To protect your investment, it's best to avoid parking heavy machinery on the asphalt until it has fully cured.

The exact time required for drying and curing depends on several factors, including the weather, the specific asphalt mix, and its thickness. For the most accurate advice tailored to your situation, consult with your asphalt contractor.

DIY asphalt repair is feasible for small issues like cracks or potholes, provided you have the correct materials and tools. However, for more extensive damage or to ensure a durable, smooth surface and prevent further deterioration, engaging professional services is recommended for their expertise and long-lasting results.