Professional Community for Car Dealers, Marketing, Advertising and Sales Leaders
It’s one of the New Year’s Resolutions that we make, and break, probably every year – spend less money. While it is easy to say, cutting costs can be extremely difficult when you have financial responsibilities such as a family, a house, or a car (or you just love to treat yourself).
A great way to stick to a budget is to focus on one aspect at a time, rather than trying to cut back on everything all at once. One area where you can actually save a lot of money by making a few small changes is with your vehicle. So, to help you reduce your budget for 2018, we’ve put together a few tips and tricks on how to spend less money on your car throughout the year (which means hey, maybe you can treat yourself a little).
Sure, you want that new car smell… but is it really worth losing thousands of dollars in equity the second you drive off the lot?
Didn’t think so.
Choose Something Fuel Efficient
A year’s worth of fuel can add up quickly. If you are shopping around for a vehicle, make sure to compare fuel economies.
Keep Up With Regular Maintenance
Clean or Change the Air Filter
Little did you know, but a clean air filter can actually increase your gas mileage by up to 7%. Over a year that equates to big savings!
Inflate Your Tires
Determine your cars recommended tire pressure is, and try to keep it at that. As you lose PSI in your tires, your gas mileage decreases.
Save Money After A Collision
There’s more than one way you can save some money related to your vehicle post collision. consider the following:
Choosing a local auto body shop rather than a chain will guarantee you top quality service at a more affordable rate.
Shop Around For Quotes
Don’t always take the first answer for the only answer. If you need parts, maintenance, or repairs done, always get multiple quotes.
Sooner Is Better Than Later
If something is not right with your car, get it checked out now. The longer you wait, the more damage will be done, and the more money it will cost.
This may sound like common sense, but avoiding getting in an accident will save you a lot of money. Drive proactively to reduce your chances of having to spend money on repairs that shouldn’t be needed in the first place.
While this falls in line with driving proactively, it is also relevant to fuel economy. The faster you drive, the more fuel you burn. Drive slower, burn less fuel, spend less money: simple.
Stick To It
Our vehicles take up an excessive portion of our budget every year, whether it is regular costs, like maintenance, insurance, or fuel, or larger costs, such as a new purchase or an accident. The tips listed above should help you keep up to speed with everything your vehicle needs, while allowing you to reduce your budget for 2018.