Archive for the ‘How to save some extra cash on your car’ Category
Driving a car can be expensive when you factor in the purchase price of the car, as well as the costs of fuel and maintenance on your vehicle. If you don’t take care of your car, it can end up costing you even more in the long run. Therefore, it is important to take steps to save money on your car and help keep it from becoming a money drain.
Improve Fuel Mileage
While a vehicle typically has a maximum gas mileage it can get, these numbers are under ideal conditions, including ideal driving habits. Most people don’t have ideal driving habits; however, you can still take steps to improve your gas mileage. Make sure your tires are properly inflated. Keep your car as clean as possible to take full advantage of its aerodynamic design. It is also best to accelarate and brake slowly to preserve gas. The less gas you use, the more money you can save.
When you complete routine maintenance on your car, such as changing the oil or the air filter, you can save money if you do these things yourselves or find someone you know who can do it for you. Purchasing the parts and doing it yourself is much cheaper than using a garage or oil-change facility to do these tasks. Even if you can’t do them yourself, you may know someone who will do it for free or for a much lower price.
Fixing things on your car before they become a major problem can save you money in the long run. For instance, if your brakes are starting to squeal, change them or get them changed before they wear down further and cause more damage. If you notice a belt wearing down, replace it before it breaks completely and requires additional repair work. Taking care of smaller issues before they become bigger problems also helps avoid surprise bills that you don’t have the money for.
Taking care of your car by improving its gas mileage, completing routine maintenance and replacing parts before more damage occurs can help you save money on your car. While there are some expenses you can’t avoid when you own a car, there are some that you can prevent and cut back on to help make driving your car more affordable.
Cars cost a lot of money to buy, own and operate, so drivers welcome any effort to cut costs, especially when the economy is slow. Although money savings doesn’t always drop into the motorist’s lap, a little effort can result in impressive cost reductions. The following tips offer auto owners some good ways to keep car payments low.
Work Down Payment Magic
When buyers finance a car loan, the entire amount accrues interest. By making a down payment of 20 percent or more, buyers can substantially reduce the dollar amount of a loan. This reduces interest costs over the term of the loan, potentially saving thousands of dollars. Actual savings will vary depending on the length of a loan, interest rate, and the size of the down payment.
Avoid the Trade-in Scene
Drivers who want to save the most on a car purchase should consider selling their old car themselves rather than relying on questionable dealer trade-in programs. Buyers can often get more for their car, giving them extra cash that can go toward a bigger down payment.
Buy Authorized Used Cars
Many manufacturers operate their own used-car certification program that gives buyers a chance to buy almost-new cars with warranty coverage at significant discounts over showroom-new cars. Through these special used car programs, buyers can save thousands.
Shoppers who arrange their auto financing with their bank, credit or finance company in advance know how much they can spend, so they can stay within budget. Also, they can often lock in better rates than dealer finance specialists can offer.
Avoid Lengthy Loans
Car owners can reduce their payments by taking a loan with more payments. While spreading out a loan over longer time can help cash flow, it increases the amount of interest paid on a loan and could cause the auto owner to go upside down.
Renegotiate a Loan
Auto owners who got into a bad loan can often renegotiate the terms of their contract if they have a good payment record. As an alternative, they can shop for opportunities to refinance with another financial institution.
Your car is most likely an essential part of the way that you live your life, but it is certainly not a cheap part of it. The thing that many people do not know, however, is that with a little bit of time and effort, they can significantly reduce the amount of money that they put into their car every month. If you are tired of looking into your wallet and seeing very little there, start pinching pennies and take a look at your car. You would be surprised how much you can save.
In the first place, learn to change your own oil. Changing the oil is a regular task that most people leave to the car maintenance place, but the truth of the matter is that it is a task that you can easily do at home. Look online or at your owner’s manual for more information. It requires a small commitment in time, but at the end of the day, it is money that you did not need to give to someone else.
Check to see what kind of fuel your car needs. The owner’s manual has this information listed in it. If your car does not need the premium fuel, give it something else. Unless the car actualy requires the premium gasoline, there is no reason not to give it the unleaded fuel.
Similarly, carry a pressure gauge in your car and routinely check your car’s tires. Tires that are constantly low will wear out faster as well as affecting your car’s mileage. Over time, tires that are kept constantly low will be prone to blowouts, something that can be very expensive for your car. One thing that you can do to keep costs low is to learn how to change a tire yourself. While this task is often time-consuming and irritating, it prevents costly tows and service charges.
One way to save cash on your car is to be conscious of the way that you are driving it. When you are not actively breaking, keep your foot away from the brake pedal entirely. Even a little bit of pressure can cause a drag that will decrease the efficiency of the engine. This is something that can hurt your car over time, so be aware of what you are doing with your feet.
Take the time to consider how you are taking care of your car. Your car does not need to be something that takes a huge chunk of money away from your pocket every month. Simply keep up some good habits and see those bills drop.
Cars can be costly. Getting into a new car can cost you money for many years, depending on how it is financed, as well as how much money you put down. However, there are ways you can save money when you want to buy a car. Listed below are five ways you can save money as you invest in a car.
1. Look for an older car. While the thought of a brand new car may be appealing, it can be costly. How much money you pay per month on a new car will depend on the price of the car, your credit, how much money you put down, as well as how long you finance your loan. The newer the car, the more money you will pay. While most people cannot afford to pay outright for a car, if you look for an older car, you will not lock yourself into as high of a monthly payment as you would with a new car.
2. Constantly look for deals from local auto dealerships. Many dealerships hold sales on certain cars. Before you invest in a car, see if you can get it at a better price. Dealerships often run sales right before the new car models are released, as well as during holidays.
3. Do not be afraid to negotiate. The price you see on a car is often negotiable. Before you go to a dealership, research the price of the car you want to buy. Negotiate the sticker price with your salesman. Do not settle on the sticker price of a car.
4. Get all of the information on the car as possible. You never want to drive off the car lot with a car you know nothing about. If you purchase a car that has problems you are not aware of, you could end up spending more money repairing the car than what you initially paid for it.
5. Monitor your credit. When you finance a car, the amount you pay monthly is largely determined by your credit score. The better your credit score, the lower the interest rate on your loan.
Almost certainly, every car owner would have to agree that performing regular maintenance on their vehicle is going to save them money in the long run. Performing these tasks as scheduled in the owners’ manual or as needed does not need to cost a lot of money. There are several small jobs that can be done by the owner, certainly not the kind that require an extended stay in your mechanics’ repair shop
Oil changes- This task is undoubtedly the most critical for your car, truck, or SUV. Dirty, broken-down oil can directly lead to dangerous wear and tear inside your motor, and if not corrected, cause engine failure. Be sure to consult your owners’ manual or ask your mechanic about the correct mileage intervals between oil changes if you are not sure. Most auto parts stores sell oil change kits, for those that wish to save a few extra dollars by doing it themselves.
Tires -Rotating your tires is another important task to remember, and many people like to rotate their tires as a part of their oil change program. Rotating your tires as scheduled will prolong their life by reducing irregular wear spots, usually caused by your car being out of alignment. Be sure to keep the vehicle properly aligned, and keep tires properly inflated. A relatively new idea is to inflate the tires with nitrogen, which is lighter than oxygen and helps increase gas mileage even further.
Air filter- Keeping your air filter clean helps your engine breathe better, leading to more efficient fuel combustion. This in turn will help improve gas mileage, and help you save money. Not sure if you need a new filter? A handy tip to remember is to hold up the filter to a light source and look at it. If you cannot see any light coming through the filter, it needs to be replaced.
Engine coolant- This is another area where paying a little attention will go a long way. Keeping the engine coolant at the proper level in your radiator will keep your engine cooling properly, preventing overheating and potential engine damage. Simple testing devices are available at most auto parts stores which measure the amount of actual coolant in your radiator fluid. If necessary, be sure to top off your system with additional coolant as needed. Cooling systems should also be flushed and changed on a yearly basis as part of a preventative maintenance program as well.
Maintaining your car on a regular basis is not always cheap. From new tires to regularly changing your oil, it can be difficult to keep up with the maintenance on your car. However, there are ways you can keep your car in working order, without overspending.
1. Change the oil in your car frequently. Changing your car oil frequently helps reduce the amount of wear on your car. Typically, you should change the oil in your car every 3,000 miles. Clean your air filter every month, as well. When you clean your air filter monthly, you can increase gas mileage. Increased gas mileage means you spend less money on gas per month.
2. Have your tires balanced every year. Balancing your tires yearly reduces the amount of wear on your shock absorbers. Damaged shock absorbers can mess up the suspension in your car. Repairing this problem can be costly.
3. Stick to regular gasoline. Most cars run just fine on regular gasoline. Unless your car manual specifically states that your car requires a certain type of fuel, save your money and use regular.
4. Wash your car yourself. While it may seem nice to have someone else wash your car, you can save money by doing it yourself. Learn the type of soap to use on your car, as well as the best type of wax to use. Wash your car when needed. Consider cleaning the inside of the car yourself, as well. It may also save you money if you invest in a small handheld vacuum. Keep the vacuum charged and simply clean out the car when it is needed.
5. Get to know your car. When you know how your car regularly sounds, as well as how it feels when it moves, you can keep an eye out for any irregular sounds or movements. For example, if your car begins making a squeaking sound it does not regularly make, you can take it to a mechanic and take care of the problem. If you let small problems with your car go unchecked, eventually, the smaller problems will turn into larger, more costly problems.
With tough economic times all around us, it’s hard to save a few bucks here and there. If your budget is tight and you are looking for ways to make even further cuts, consider a few ways to save some extra cash on your car expenses.
One of the biggest ways to save money is to increase your car’s fuel efficiency. Be sure your tires are inflated to the proper air pressure, check and replace you air filters when needed and keep up with your oil changes. Although these things cost money too, they are all necessary for the well being of your car, so you should go ahead and save money where you can by keeping up with the maintenance.
Driving a few miles out of your way to save a few cents per gallon may cost you more money burning the extra fuel. If there is a better deal across town, plan your trips accordingly when you run your errands.
Wash It Yourself
Car washes can be expensive, with some full service car wash places charging $20 or more for a basic wash. Use the money you save from getting your car washed one time and purchase your own car washing materials that you can use over and over again to do your own car washes.
All cars need maintenance services and you can save some real money using coupons to get the things you need for your car. Sign up for as many internet promotions as you can to get coupons online and in the mail. Look on the back of your grocery store receipts for coupons on oil changes, alignments, brake services and more. Save some real money doing some of the maintenance things yourself, and get the parts you need with coupons from your local auto parts stores. Look to Black Friday deals for buy one, get one free tires.
Don’t sacrifice sub-par insurance in order to save money, but do shop around for the cheapest insurance quotes for the coverage needed. It never hurts to ask your current insurance company if they can offer you any additional insurance discounts for your loyalty to them.
Regardless of your financial status, having a car is essential for getting you and your family to work and school. However, there are plenty of ways you can save money on your car without sacrificing on any necessary services.
With the current state of the nation, many people are looking for ways to save money on their vehicles. Unfortunately, many should try looking at the rear view mirror In all honesty, many drivers are the cause of their own vehicular expenses. Three main parts of the car directly relate to driver behavior: the tires, fuel tank, and brakes.
Tires can cost a large amount of money. Depending on the size of the vehicle, tires can range from $80 to $400 per tire. To reduce tire wear and the subsequent need for replacement, drive at slower speeds. As you slow down, you will reduce tire friction and increase tire life. Make certain that your air pressure is close to manufacturer specifications, too. Improper air levels can cause increased or uneven tread wear and flat tires
Although it is impossible to stop fuel consumption, it is possible to reduce it. Slow down. If you cruise at slower speeds, accelerate smoothly, and, with manual transmissions, shift at the proper RPM, you will use less fuel. Also, proper maintenance of your vehicle will reduce your fuel consumption. Simply changing oil and filters when necessary and getting a tuneup occasionally can have a great impact on your vehicle’s fuel economy.
You can save money on your brakes by slowing down, stopping gradually, and reducing the weight of your vehicle. By traveling at slower speeds, you will be able to stop without using the brakes so forcefully. Slamming on the brakes or tailgating will increase the heat of your brakes and reduce their lifespan. Secondly, stepping on the brakes before you must use them can keep your brakes from wearing down as fast. If you slow before you have to stop, you will give your brakes the ability to stop the vehicle efficiently. Lastly, reduce the weight of your vehicle. Simple actions such as removing extra bags, boxes, and gear from the vehicle can lower its weight make braking require less force.
Remember, the ability to save money on your vehicle rests in your hands. Do these simple steps and watch the difference. Your car and your wallet will thank you.
Cars are expensive to own and drive. Just the same, the more expensive something is, the more likely that it’s possible there are tricks to help save money on it. There are many tricks to operating a car cheaply. Although many of them are simple and some are even obvious, surprisingly few people actually do them.
Take it Easy and Drive with Cruise Control
Click on cruise. Cruise control steadies the accelerator and saves gas. It also makes driving a lot easier. Once you do it you’ll be hooked.
Air Your Tires Up Right
A set of tires costs $400 even for a small car. Improper inflation can cut the tire life in half. Check the tires and inflate them properly every month and before long trips. Proper tire inflation also improves fuel economy.
Do Oil Changes at Quicky-Fast-Mart
It costs a lot to get simple work done at the dealership. Take your car to the corner oil-change shop and have them do it.
Don’t Buy Maserati Oil for Your Chevy
Unless you have a Maserati, you don’t need the synthetic oil that costs $6 a quart. Buy the cheap stuff.
Do the Fluid Thing Monthly
Do your own fluid checks, and do them monthly. Checking them could prevent an expensive disaster. It can also save you the trouble of going elsewhere and paying for it. Important fluids include brake fluid, power steering fluid, oil, transmission fluid, wiper washer, and radiator water.
You Can Work the Antifreeze Sucker-Upper Thing
In the upper Midwest and Northeast, a car engine can freeze solid if the antifreeze isn’t up to snuff. All the same, you don’t need a mechanic to check it. An antifreeze tester costs $4 or less. All you have to do is stick it in the radiator, suck out a little bit of antifreeze, and read the numbers. If the stuff looks relatively clean and the numbers are good, wait another year to have it changed.
Let Someone Else Take the Hit on a New Car
New cars lose over ten percent of their value the minute they drive off the lot. In the first year you own them, they’ll lose another 25 percent of the value. Thus, after you have driven the car for about one-tenth of its likely life span, it has lost about three-tenths of its value. Cars that are two to four years old, with relatively low mileage for their age, offer the best value.
Owning a vehicle is often a costly venture. This is true for any driver and any vehicle. Luckily, there are a number of things that can be done by any driver to save money.
One of the most important things to realize that a vehicle is an investment. This means that it should be well cared for and properly maintained. Routine maintenance will ensure that the vehicle will continue to last for years to come. It is much easier to perform regular maintenance than it is to pay costly repair bills.
Every driver needs to maintain adequate insurance coverage. Many times, a person is over-insured or has unnecessary items on the policy. Comparison shopping may prove to be beneficial and offer substantial savings. A pitfall is to assume that all insurance companies are the same and prices cannot vary too much. A person may be surprised to see what savings may be available.
Gas prices are quite high, so any way to save in this area is important. Getting the best fuel economy is essential. One way to help in this area is to ensure that the car tires are always properly inflated. Ones that are under-inflated can negatively affect vehicle performance and gas economy.
Another way to save money when it comes to fuel economy would be to take trips in the most logical trips in the car. This would include things such as combining errands and shopping trips rather than taking multiple trips in the vehicle.
When purchasing a car, there are certainly ways to save money. The first would be to only purchase a vehicle that is affordable. There is no reason to buy something that is outside of one’s means. A lot of preliminary research should be done before ever stepping foot onto a car lot. This will give a person a good idea of the type of car desired as well as the options and accessories. Having a specific budget or price range will assist in this matter once at the dealer.
If possible, when purchasing, look to get a vehicle loan as opposed to leasing the car. This is especially important if looking to keep the vehicle for several years after it is paid off. Otherwise, a person ends up paying quite a bit more for the vehicle through the leasing option.
A vehicle is definitely an expense, but there are easy ways to save money. This is true when it comes to purchasing, insuring and maintaining the car.