Wednesday, 15 March 2017

3 ways to save on your motoring expenses

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Whatever your approach towards driving is, there is no doubt that it can be a drain on your finances. From one thing to the next, there are so many costs associated with driving that they can soon pile up. Before you know it, they have made a huge difference to your overall finances, and the chances are good that you are keen to try and reduce the impact that this necessary part of life has on your money. In this article, we are going to help you do just that, by looking at some of the basic, but powerful, ways in which you can save money on your driving. Let’s take a look.

Fuel

This is easily one of the major expenses, and sometimes it seems as though it is only getting worse. Of course, with inflation and one thing and another, it is literally going up in price from one year to the next - but that is all relative. Still, it is probable that you, like most drivers, want to cut back on how much you are spending on fuel, but maybe you don’t know exactly how. One of the best ways to do this is to drive in a way which saves as much fuel as possible. This means simple changes such as accelerating gradually, reducing your braking time, and changing gear at the most optimal time. As long as you drive more efficiently, you will find that it makes a surprising difference to how much you are spending on fuel. Of course, it also makes sense to avoid any unnecessary journeys, as this is only really a waste of money.

Insurance

In most places around the world, insurance is obligatory, so it’s not an expense that you can get out of. However, you can do a number of things to decrease how much you are actually spending on it. Easily the simplest and most powerful of these is to simply make sure that you shop around for the cheapest insurance provider. Using an online service such as Money Expert will allow you to find the best, cheapest provider in your area. Once you do this, you might be surprised at just how much of a difference it really makes to your finances in the long run. As well as that, you might want to think about choosing a specific policy which suits you best; this too should help you to make more economical decisions about your insurance.

Maintenance

Another main expense is always going to be the cost of taking your car to the garage. But you can limit these occasions too, by simply ensuring that you take proper care of your vehicle. As long as you do that, you should find that you are not spending so much on the mechanic. Even if you need to spend money on your regular maintenance, it will probably save you even more money in the long run, so it is definitely worthwhile. What’s more, it keeps your car going for longer too.


** This is a collaborative post

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