Finance & Money Saving Tips for Car Owners

Posted by Ken Edwards on 9 December, 2016

Car Saving Money.jpgYou have a new car and you want to keep your running costs down. Here are some tips to ensure your new car remaiuns a pleasure and not a financial burden;

  • Have your car serviced regularly. 

Dropping off your car for a service has long-term benefits for vehicle. It will love you back and be more reliable and run more efficiently.

  • Ensure your tyres are correctly inflated – this'll save plenty off your fuel bill.

Keep your tyres at the right pressure. Under-inflated or over-inflated tyres not only use up to eight per cent more petrol, they'll wear out more quickly.

Incorrectly inflated tyres are also unsafe. Check them monthly to ensure your manoeuvrability and braking is not compromised.

Ask your mechanic to check your tyres are balanced and aligned on your next service.

  • Watch petrol prices in your area

Avoid filling your vehicle on weekends and public holidays. Fuel prices often sneak up from Thursday through to Sunday; fuel prices are frequently at their lowest on Monday and Tuesday of each week.

Save those shopping dockets. That 4c per litre saving adds up.

  • Drive consistently, gently and smoothly. 

Many people don't realise the downsides of stop-start driving. Not only are you more likely to have an accident, but being heavy on the pedals- stopping and starting aggressively such as speeding up to the traffic lights only to slam on the brakes uses way more petrol.

  • Look for a trustworthy mechanic and take their advice.

Ask your friends and family if they know an honest mechanic worthy of a recommendation. If not, try a local mechanic with your next service or a minor job to see if you can trust them with something more major should it be required.

  • Don’t Speed.

Speeding can add 10% or more to your annual fuel bill. Drive with a lighter foot and watch the extra dollars return to your wallet.

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Topics: General