Using a high performance synthetic motor oil, as opposed to conventional oil, also allows for more miles between oil changes. This reduces maintenance costs and the amount of time spent on maintenance. You’ll pay a little more for premium motor oil but the savings in fuel and reduced maintenance costs more than make up for the higher price.
* Mind the air to save money on fuel
The U.S. Energy Department reports that under-inflated tires can increase fuel consumption by up to 3 percent. One study estimates that 50 to 80 percent of the tires rolling on U.S. roads are under inflated. Astonishingly, we could save up to 2 billion gallons of gas each year simply by properly inflating our tires.
Secondly, a clogged air filter can increase fuel consumption by as much as 10 percent. Air filters keep impurities from damaging the interior of the engine, so replacing dirty filters will save gas and protect your engine. More tips to save money on fuel are available at www.fueleconomy.gov.
* Reduce your insurance costs by doing your homework.
One of the simplest ways to reduce insurance costs is simply to shop around. Prices vary from company to company, so it pays to do your homework. Get at least three price quotes. You can call companies directly or access information on the Internet. Your state’s insurance regulator may also provide price comparisons. Other ways to reduce insurance costs can be found by visiting the U.S. Insurance Information Institute’s at www.pueblo.gsa.gov/cic_text/cars/autoinsu/autoinsu.htm.
An astute consumer can save hundreds of dollars a year on automotive expenses without buying a new car or changing lifestyle. All it takes is a little time and research, and the good sense to choose better-performing automotive products.