5 Easy Ways to Reduce the Cost of Car Ownership

The expense of owning a car can have a significant influence on a budget. Drivers must consider the cost of auto insurance, maintenance and fuel. Here are five easy ways to reduce the cost of car ownership.

Develop Efficient Driving Habits

In most instances, an aggressive driving style will lead to a notable decrease in fuel efficiency. When traveling on the highway, drivers should avoid speeding. Typically, most vehicles get the best gas mileage when traveling at speeds lower than 60 miles per hour. By using a more patient driving style, car owners can actually reduce fuel consumption by more than 30 percent.

Install Additional Safety Features

Most car insurance companies offer big discounts to drivers who have installed or upgraded safety components on their vehicle. The list of upgraded safety equipment includes anti-lock brakes, daytime running lights, rear-view cameras, blind-spot detection systems and anti-theft technology. For more information, speak to a local insurance agent.

Do-It-Yourself Repairs

Car owners can save a lot of money by working on their own vehicle. While most car owners are unable to perform major repair work, they should be able to handle the basic maintenance items. Some of the easier tasks include changing the motor oil, replacing the air filter, installing new spark plugs, and replacing the windshield wipers. Some car forums actually provide step-by-step tutorials for certain repairs.

Purchase Replacement Parts from a Salvage Yard

Some car parts do not need to be purchased new. In the event that a vehicle is involved in a minor fender-bender, the replacement parts can be purchased from a salvage yard. Although these parts are used, most of the items are in great condition.

Purchase a Pre-owned Vehicle

While most people love the thought of driving a brand-new vehicle, a well-maintained used car can be just as appealing. Not only will a used vehicle cost a lot less money, but certified pre-owned vehicles also come with an extended warranty. The money saved can be used to pay some other important household bills.

Keep the Tires Inflated to the Recommended Pressure

In order to prevent excessive tire wear, the tires need to remain properly inflated at all times. Proper tire care can double the life expectancy of a set of tires. Keeping the tires inflated to the recommended pressure will also help the vehicle to deliver the optimum gas mileage.

Are you using any of these ideas?

I was compensenated for this guest post. All opinons are my own.

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  1. […] credit rating, age, type of vehicle and number of drivers. You have some options when it comes to local insurance to help make this more affordable. However, some areas just naturally have higher rates than […]

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