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08.03.2017 - 02:27

10 Friendly Tips to Reduce Car Expenses

Friendly tips for cutting your car expenses.

Don’t leave your car on idle status. If you’re parked and waiting, turn the engine off. Idling can use a quarter to a half-gallon of fuel per hour. On the other hand, your vehicle only takes about 10 seconds worth of fuel. Do not warm your car up by letting it idle for lengthy periods of time. Modern car engines are running efficiently just seconds after ignition so a long warm-up time is not necessary.


Keep your car longer instead of trading in or upgrading every now and then. Not only does the cost of new cars rise each year, but cars depreciate quickly. Trading in frequently will make you lose money due to low trade-in values. Don’t forget about interest if you have to finance part of the purchase. Buy a good quality car and keep it for at least five to seven years.


Do not over-oil your engine. A lot of modern cars use synthetic oils that can last 7,500 miles or more and include oil change indicators. It will save you money by not changing your oil frequently and you will be able to contribute to a cleaner environment.


If you have a lot of errands to do outside home, combine them all. Combine trips and drive to the farthest destination first so your car can warm up for maximum fuel efficiency. Starting with closer stops will only reduce your gas mileage.


Check your tire pressure regularly. Keeping your tires inflated to the proper pressure can help you improve the gas mileage by around 3.3 percent. Under-inflated tires can lower gas mileage by 0.3 percent for every 1 psi drop in pressure of all four tires. Properly inflated tires are safer and last longer.


To save even more when you’re at the pump, sign up for a credit card that offers cash back on gas purchases.


Always keep the car properly tuned. A poorly tuned car uses between 25 to 33 percent more gasoline annually. It is also cheaper to pay the cost of a tune-up than it is to repair a major problem.


Ensure to notify your insurance company of all the safety features that qualify you for discounts on auto or homeowner’s insurance. It includes automatic seat belts or air bags in your car and smoke detectors in your home. Non-smokers or non-drinkers can often get additional discounts and it requires little more than letting your insurer know.


Make a monthly check on your car’s air filter. A dirty filter drags on engine efficiency and reduces gasoline mileage up to 10%. You can clean the filter by removing it and blowing it with an air hose or you can replace it.


You can combine your auto and homeowner’s insurance under one policy. Insuring your home and auto with a single company could bring your rates down by about 5 to 10 percent discount annually. Ask your insurance adviser about it.


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