Car Money Saving Tips

Sunday, June 06 2021

The economy we live in today you may find yourself on a tight budget trying to save every dollar you can. When it comes to money spent on your vehicle, the expense can seem endless. Below are a few tips to help you save money on the different expenses of owning and driving a car.

Filling your gas tank up can seem like an expense that comes all too often. There are a few things you can do to save money on gas. One thing you can do to save money on gas is carpooling. Carpooling to school or work can help cut the money you spend at the gas pump in half. By taking turns driving with a fellow classmate or a co-worker, you will both end up saving money spent on gas. You can also save on the expense of gas by doing things like avoiding quick acceleration, turning down your air conditioning, and avoiding long periods of idling. Keeping your tires properly inflated can also help to increase your gas mileage.

Talking to your insurance provider about discounts that you may be eligible for, is another way you can save money on your car. Often, insurance companies will offer discounts on your policy if you use low miles, or if you are willing to take a defensive driving course. Also, some insurance companies factor in your credit score when they consider your policy premium rate. If you have a high credit score, you may benefit from calling your insurance company and asking if you could qualify for a lower rate. On the other hand, if you have a low credit score, you may want to consider finding an insurance provider that does not factor your credit score into your policy rate until you are able to obtain a higher credit rating.

Avoiding parking and speeding violation tickets is another way you can save money on your car. Parking and speeding tickets can be an unnecessary expense that you should try to avoid unless it is an emergency. Make sure you know the posted speed limit for the roads you are driving and stay within the limits. Also, when parking on the street or in places like parking garages, look around for any signs that may be posted stating that it is a violation to park there. If you are using a parking meter make sure you feed it enough coins for the time you will need to be parked. Feeding the parking meter a few extra coins could save you from spending a lot more money on a parking ticket.

Also, keeping up on regular maintenance for your car and fixing the little things that go wrong, can help save you from needing a major repair that could be time consuming and expensive to repair. Staying on time with your regular scheduled maintenance checks can help you avoid any large problems that may have been avoided with a small repair.

By using these few simple tips you could be saving a few dollars here and there, but over time you could really start to see the difference these little changes can make in your wallet. !