6 Clever Tips For Combating The Rising Cost Of Car Ownership
Nothing gets the blood boiling more than being stuck behind someone driving five under the speed limit. You know what, though? When it comes to daily driving, the slowpokes only sacrifice a little bit of their time for big savings when it comes to gas, maintenance, and insurance costs. Here’s how it works along with some other tips.
Quit the Hard Braking
You will experience up to $1,000 in savings over the life of your car when you learn to stop slamming on your brakes and instead ease into stops. Take your foot off the gas as soon as it is obvious that you will have to slow down for light up ahead. When it is clear you will need to engage your brakes, do so slowly. This can double or triple the lifespan of your brakes.
Stop Peeling Out
Your gas mileage takes a hit when you keep your pedal to the metal. Research shows that you reduce your gas mileage by 5 percent in the city and 33 percent at highway speeds when you drive aggressively. Additionally, peeling out and slamming on your brakes also wears on your tires requiring you to replace them sooner.
Show Off Your Driving To Your Insurer
Once you master the above driving techniques, show your insurer that you are a responsible driver and save money on your car insurance by as much as 30%. The insurer will send you a device that monitors your driving. It will tell you when you demonstrate alarming driving habits so you can improve and get discounts.
Install Useful Apps On Your Phone
GasBuddy is an indispensable app for finding the lowest gas prices. Of course, you don’t want to drive to the other side of town to save a couple cents on the gallon. So, use sense when choosing the right station.
Bundle Your Insurance
The average customer saves almost $100 per year when they bundle their home and auto insurance. And, these benefits vary by state. For example, Michiganders can save $240 by combining their insurances.
Do Your Own Repairs
You can replace your fuses, lights, air filters, and wiper blades yourself. Zoniv has an endless array of guides and tutorials to help you with easy repairs. When you replace your air filter you get the added benefit of better fuel economy. Each time you perform an easy task yourself, you save $17 to $132 in labor costs.
Really? There’s nothing particularly clever about not excessively braking and not peeling out, is common sense that does not need to be stated at all.
As far as doing your own repairs, the things mentioned are laughable. They are a trivial expense where you save almost nothing. More involved repairs are the ones that will save thousands of dollars over the life of the vehicle…
Shocks/struts, water pump, radiator, intake manifold leak, brakes, fuel pump, door locks, timing chain or belt, spark plugs and wires, MAF/TPS/CPS/etc sensors, PCV or IAC valve, throttle body cleaning, and the list goes on. There are many repairs that will save hundreds of dollars with only a few hours or less of work and no special tools beyond what comes in a basic homeowner grade $100 tool set.