How To Reduce The Cost Of Owning A Car

Every year, the cost of driving seems to keep going up. Owning a car can be very expensive, but for most people, it’s a necessity to have one. That said, there are plenty of ways to save money when maintaining and driving your car. 

Choose A Reliable Car

If you always choose style over substance, it can come back to bite you one day. Reliable cars can save you a lot of money, especially if you’re buying second-hand. Before you buy, look at the reliability of the model. Constantly having to pay for repairs is a black hole in your finances. 

Take Out A Warranty

When you buy a car, you will get a warranty on that car if it is new. Some used car dealers will also offer you a warranty on vehicles purchased. It’s worth seeking out the best extended car warranty you can find, as it will save you a lot of money down the line. 

Avoid Premium Fuel

In the past, premium fuel was preferable because it was better for your car in the long term. However, the way fuel is refined and the technology in cars is a lot different today and while there is still a difference, it is not vital to your car (unless your car specifically calls for it). The amount of money you can save when filling up really does add up over time. 

Learn How To Drive Smoothly

Constant braking and accelerating can take their toll on your car. You’ll find yourself having to change brake pads, discs and tires more often, costing you more. It’s also not great for your engine. Smooth and steady is the way to go.

Charge Your Electric Car For Free

Over time, electric cars are expected to become the norm as the world tries to reduce its dependence on fossil fuel, but it’s currently still lagging behind when it comes to the charging infrastructure. Yes, it’s cheaper to charge an electric car than it is to fill a car up with oil, but there are still ways you can save. 

Learn where the free chargers are in your area. They can often be found in shopping centers or public car parks. You can get some free charge while doing your shopping or even just sit back and relax with a book or some music on. 

Get Black Box Insurance

Car insurance can cost a fortune, especially if you’re a young man, or have to make claims recently. But there are many ways to reduce your insurance premiums. One of these is to agree to have a black box fitted in your car which can tell if you’re a safe driver. 

So if you know you are a good driver who doesn’t drive aggressively and stays within the speed limit, then you can reduce your insurance by a considerable amount.  

Takeaways

There are some costs associated with car ownership that you can’t avoid but there are ways to reduce the amount your car costs you on a monthly and yearly basis. Mostly it comes down to using a little common sense and planning to reap the savings.