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Thursday, December 17, 2009

Driving Sense Can Put Real Dollars In Your Pockets

By John Robertson

Nowadays with the price of fuel and the cost of everything else, people are talking about how to cut down and save. Gas consumption is also coming under the spotlight and the easiest ways to save gas is learning to drive slower, at a constant speed and avoid any stop start traffic where you can. How much can this really help though?

You might think that this is impossible, but in actual fact you can save money by what is known as hypermiling. This kind of driving is done by taking it easy and not being aggressive when you drive. Speeding up to much or slowing down too quickly can all take more gas than is necessary. The best way to save money when are driving is to keep your speed constant and to also drive easily.

If you also avoid accelerating rapidly and breaking rapidly you will further reduce your gas mileage by 33 percent if you are on the highway. An aggressive driver will pay the penalties, so learning to calm down on the road, will allow you to save more than 80 gallons of gas per year or about $260.

When you begin to look into the different ways you can save money by driving carefully you will notice that they actually work. Aside from driving more calmly you can also save money by checking your car. If you are driving around on worn tires you will actually be using more gas. You should always follow the manufacturer's recommended PSI for tires.

Another way to extend the mileage on your car is to use the correct oil that is made for your car. This will prevent wear and tear on the parts of your car and help you to save money. In fact this will help you save between 1 and 3 percent of your gas usage.

Don't own a car lease a car, which means that you do not need to pay for the maintenance of the car, you can get a new car every week, or every month and who does not want to drive a new car all the time? If you do not want to lease a car, you could buy a car, but be smart as to how you buy a car.

If you are looking to get your car financed, that is fine, but you will have to do it and relook at it every few months. It is called consolidating your debt, but only with your car. Which will then just make it refinancing your car? The way it works, is that if you get a new loan, you will get the offer that looks best, no interest for the first six months, or the lowest interest rate for 12 months, these deals are great, and they can work to your advantage.

Take the deal that will save you money at the beginning, then when the beginning is done, refinance you old loan, by taking out a new loan to pay balance of the old loan, and the new loan will have a twelve months low interest rate too, which will see you paying a low interest rate until you have paid off your loan. - 21396

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