Personal Finance

Money Saving Tips for Car Owners

Keeping your car in great shape can improve its lifespan and eventual resale value. You don’t need to spend thousands each year at the mechanic’s shop to accomplish this. In fact, just a little bit of preventive care can go a long way to help your car live a longer life. Many of the steps are simple maintenance issues which can be done with only the most basic automotive knowledge. Solving small problems as they arise can prevent a major breakdown in the future. By paying special attention to the following areas, you can save money down the road both in depreciation costs and more costly service repairs.

Take Car in for Regular Maintenance

One of the best ways to keep your car in its best shape and save money in the long haul is by taking it to the mechanic’s for regular service checks and maintenance. A clean car with regular oil and filter changes will run at optimal levels for years. It will also be easier to sell your car at a higher price when you are ready to trade it in for a new model if you have a record of regular servicing. This shows buyers that you care about your car, and they will be willing to pay extra for it. It can also be a good idea to take your car in to a mechanic who specializes in your brand. For example, if you have a Renault Clio you would want to find a mechanic who is particularly knowledgeable about Renault cars and how to take care of them.

Use High Quality Petrol

When you’re trying to save money, it may make sense to purchase the cheapest fuel that you can find. However, some petrol stations are higher quality than others. If you frequent the same neighbourhood station, don’t be afraid to ask if they filter their gas at the pump and how frequently these filters are changed. Although the majority of stations filter their gas, those that don’t can be selling you sediment-filled petrol. This can eventually clog your fuel injectors and filters, which will obstruct your car’s performance and lead to the need for more frequent maintenance.

Keep Tyres Fully Inflated

This one small area can have a major bearing on your car’s fuel economy. Tyres that are only partially inflated or low in pressure will create drag on the pavement, making your car’s engine work harder. An engine that works harder is not only more prone to breaking down in the future, but it also burns more fuel. Always check your tyre pressure before long car journeys, and you’ll save a bundle on fuel costs.

Touch Up Paint

Washing and waxing your car regularly helps keep the paint in top condition, removing grime that could eat away at your car’s finish. When you’re washing your car, you can also take the time to inspect it for any scratches, chips, or blemishes. Touching up these flaws as soon as you catch them can save you a great deal of money in the long run. Chips and scratches are easy to touch up with a little bit of paint, available at any auto parts store or car dealership. Just be sure to choose an exact match or you’ll need a more expensive fix. By taking the time to show your car a little bit of TLC, you can boost fuel economy and even lower your car insurance payments. Your car will be less likely to break down, lowering overall costs thanks to your initial service investment.

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