Your car can provide you with a lot of benefits – but, if you are like most people out there, you also find that it is one of your highest monthly expenses as well. What are some of the best ways to reduce the car expenses every month? We have gathered some tips for you – so read on and find out more.
Use the Right Motor Oil
You may think you are saving money by using a cheaper oil, but the truth is that this can lower your engine’s efficiency and it can definitely lead to more expensive repairs and replacements later on. Therefore, it is much better to pay a bit more for an oil that’s actually suitable for your car, rather than skimp on this and spend your money on something that will hurt your car in the long run.
Turn Down the A/C
Just like in a home, an air conditioning machine can use a lot of energy in a car as well – so if you want to reduce your car expenses, try reducing the A/C first. A car air conditioner running on very much power will make your car 25% less fuel-friendly – and this will also lead to needing a lot more fuel for your car. Of course, driving with no air conditioning at all can feel quite uncomfortable – but simply turning it down a bit can improve your car’s fuel efficiency and keep you fairly comfortable too.
Get the Right Apps
If you want to find the cheapest fuel in your area, use the apps created for smartphones (e.g. GasBuddy). They are free and easy to use and they will provide you with a clear idea of how much gas costs in different stations, so that you can refuel from a place that provides you with a good price.
Save on Your Insurance
Your insurance policy is one of the highest car-related expenses, so saving money on it can account to some pretty impressive overall savings. The first thing to do is to see if your insurance company cannot offer you a better deal. If they can’t, shop around and see which company offers the best price for your type of insurance policy. This might take a bit of time, but it will be more than worth it, as you can save hundreds of dollars by switching the insurance company and the type of coverage as well.
Drive Better – and Less Often
Naturally, leaving your car at home more often is one of the best ways to save money on the expenses related to it. Also, driving sensibly and using the car only when you actually need it will prolong its life expectancy (and it will also save you a lot of money in terms of gas as well).
Last, but not least, keep in mind that maintaining your car at “cruise speed” is the most sensible thing to do not only for your safety, but for your finances as well!