5 Ways to Save Money on Your Car


saving on your carThis is a guest post by Stuart at Contract Hire a Car.

Everyone is concerned with how to save money; you probably have thought a million times about ways to cut expenses. One of the biggest ways to save money is by cutting back expenses on a vehicle. Here are the top 5 ways to save money on your car.

Do Your Own Repairs
The mechanic will charge an arm and a leg to do service work. They will add additional surplus charges to the parts and the other extra fees can be absorbent. A typical pair of brake pads and rotors can cost under $100, add labor to that and it can quickly increase to $200 or $300, depending where you live. There are online tutorials and various other websites that can help even the novice learn how to repair any part of their car. Watch a few online videos and soon car repairs can be a huge way to save.

Keep Up On Preventative Maintenance
Preventative maintenance is just that, it prevents a major occurrence. Routine oil changes and checking the air filter can save a great deal of money. An engine that has had the proper oil changes will always fair better than those who have ignored preventative measures. Maintenance makes common sense and it can prevent a costly mechanical breakdown. If a mechanical failure should happen on the road, adding a tow to the bill can be an absorbent expense.

Shop for Insurance
Insurance companies advertise on television all the time. It may pay to shop around and find a few good bargains to associate with current coverages. There is always a better deal, just be sure the coverage levels are the same or better than what you have now. If you have way too much coverage for an old beater, consider downgrading a bit for a big savings. Some cars are not worth carrying full coverage on, so weigh the costs and consider what the best option is.

Save On Gas
Gas is one of the biggest expenses there is in owing a car. Rather than driving everywhere, try carpooling or biking on occasion. The method a person drives can also be harsh on the gas mileage a car gets. Those who travel in excessive speeds or do a lot of in town driving may pay more at the pump. Always go the speed limit and avoid those busy streets when the freeway will offer premium mileage out of a tank of gas.

Wash and Wax
While it may seem like a good option to drive through one of those washes where they do everything for you, clean your car yourself. If a person has a hose with a water saving nozzle, washing the car at home can be a big savings. The cheapest car wash is around $10.00 in most cities; add that up on a monthly basis and it can be quite expensive. Washing and waxing can be a costly expense, as well as detailing. Making a car shine with a fresh coat of wax and sparkling interior doesn’t have to break the bank.

photo by Moyan Brenn

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Written by Jon the Saver

This post was written by yours truly, Jon Elder. My mission is to help you succeed in your personal finance life. Join me on the journey to financial freedom! You can subscribe through RSS FEED or EMAIL updates. You can also find me on TWITTER
and FACEBOOK
. Happy investing :)


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Jon the Saver

This post was written by yours truly, Jon Elder. My mission is to help you succeed in your personal finance life. Join me on the journey to financial freedom! You can subscribe through RSS FEED or EMAIL updates. You can also find me on TWITTER and FACEBOOK . Happy investing :)

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  1. [...] Car owners are always looking for ways to cut costs, so check out these five ways to save money on your car. [...]

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