How to save Money on my Car in 2015?

The annual costs of motoring can be overwhelming even if you have an economical runner. This will however make things a little easier with petrol prices predicted to reach 99p per litre in in the coming weeks, however items such as breakdown cover, MOT’s, parking and insurance can easily clock up the pounds, but here are a few things to help you save money on your vehicle in 2015.

Third party insurance might not be your cheapest option – this level of insurance cover is designed to cover you for any damage done to others, their vehicle and property. In addition, it also protects passengers in your vehicle, but doesn’t cover you in case of fire and theft to your vehicle. Until a few years ago, this used to be the cheapest option, but can be a cheaper and much better option for many motorists today. One reason for this is that often times selecting comprehensive insurance indicates that you are a low risk driver. This is why it is important to shop around for both third party, comprehensive insurance and even a motor trade insurance quote – if eligible because the difference in costs between these may be negligible enough to upgrade.

Saving on Petrol – there are 4 ways to save on fuel and fortunately you can use all four tips simultaneously. First, do not buy high performance fuel for standard cars. Although all petrol stations sell high performance fuels, they make little or no difference when pumped into regular cars. So don’t use these super fuels if you don’t own a performance vehicle unless you have been advised to do so by a reputable mechanic or authorised car dealer.

According to the AA, performance fuel cost significantly more than regular fuel, but if you’re curious to know if it will make a difference to your vehicle, they recommend filling up three tanks continuously. This phenomenon could possibly clean your engine and make it more efficient as your vehicle might be able to use some of the super fuel’s extra detergent.

Buying fuel is probably the biggest expense for car owners regardless of whether you use cards or cash. But there’s a nifty way to save when you fill up with cards, which is to add a couple of cashback cards to your wallet. Cashback cards reward you when you spend at the petrol stations, and many other retail outlets in the form of cashback, which is an added discount that could range from 2% – 5% depending on your card issuer.

You can also save up to 30% on fuel just by changing your driving habits. Some ways to do this is to drive in the right gear, pay attention to your road position, slow down gradually and naturally and accelerate gradually without over revving. Although you have no control over rising fuel costs, you can perform some basic maintenance to try and keep them from spiralling out of control. These include keeping your tires inflated, removing the roof rack when not in use, de-cluttering your vehicle, not filling up completely and turning down your air-conditioning at lower speeds.

These are just a few of the most common ways to save money on your vehicle in 2015, and will definitely help you drive further at a lower cost.