I have been around vehicles a lot. My father built a multi-million dollar business and has to deliver his products by cars and trucks. I have been driving to different states, hauling stuff for my dad’s company, since I was sixteen years old.
With all of my travels, I have learned a lot about vehicles. I have also learned about vehicles through the advice of others.
Had I known all of these 23 principles before a few costly decisions, I would be a richer person today. I hope that these principles concerning how to save money and time on your vehicles will prove useful to you.
- When you need a new air filter for your vehicle, replace it with a K&N filter. These can be cleaned regularly, they help improve fuel mileage, and they do not need to be replaced.
- Change your own oil if possible. Buy filters and oil when they are on sale. Or buy
- Use fuel reward programs in your area for gas savings. Many stores have times when points are doubled, tripled or quadrupled (Kroger/Smith’s has a great program). Shop during those times if possible to maximize gas savings.
- Download the free app called ‘Gas Buddy’ or use the website gasbuddy.com and fuel up at the cheapest gas station in your area.
- Buy brake pads and other commonly replaced parts from a popular shop such as Auto Zone. There is usually a lifetime warranty on brake pads and other parts such as roters, shocks, etc. You can switch them out every year for free. If you pay a shop to replace the parts, ask them what their price for the part is. If they allow you to bring your own parts in it will usually save you considerably. I just saved $90.00 by getting the free brake pads (lifetime warranty) and having the shop take the brake pad charge off my invoice.
- If you see a red light ahead and you don’t have anyone following you, coast to the stop light. If you do this right you may not have to come to a complete stop at all before the light turns green and will save money on the acceleration. And when stopped at a red light that turns green accelerate smoothly rather than gunning the engine which burns a lot of fuel.
- Staying below 3 RPMs on your car gauge (esp. on highway/freeway driving) will save you money by burning fuel efficiently.
- Wash and vacuum your own car.
- For older vehicles, evaluate whether you really need collision coverage. If your car is worth less than your deductible (or close to it) it is often the best choice to pay for the much less expensive liability only coverage.
- Take advantage of discounts like AAA or other money saving organizations.
- Only go to trusted highly-rated car repair shops. Unfortunately, there are many dishonest car mechanics out there. I’ve been burned multiple times (costing me thousands). Now I stick with one shop that has hundreds of 5 star reviews and that has proven to me that they have my best interest in mind.
- Keep your car engine tuned and tires full of the correct air pressure to save money on gas.
- Carpool with co-workers and split the cost of gas.
- Price match insurance rates with multiple competitors and ask for any discounts that may apply to you. Homeowners discount, student discount, etc.
- Utilize your car insurance. If you need a rock chip repair or window shield replacement, many insurances cover some or all of these costs.
- Turn your vehicle on for a few minutes to warm it up before driving it in cold weather.
- Keep track of your speeding or accident tickets. When they come off your record (3 years from the date they went on) you can reapply for and get lower insurance rates.
- If you are planning on buying a car soon look to buy a used one from a local owner. Unlike dealerships, home owners don’t have any overhead, employees, buildings, etc. relating to the sale of their car. It is almost always a much better deal buying used through a private seller. Banks have relatively hassle free loans and financing on privately sold/bought cars.
- Register your car for multiple years at a time if there is a discount in doing so. Some states offer a significant discount by registering for two or more years instead of one. If you know you aren’t moving out of state in the next few years this would be a great option to save.
- Buy the most reliable cars from the get go. After spending $6,000+ in repairs in the first year of owning our LandRover, we decided to get rid of it.
We would have been happier with one of these reliable ‘horse cars’ because our LandRover was always in the shop! So instead of continuing to fork over thousands to the repair shops, we bought a much more highly-rated-as-reliable Nissan. Thankfully, we have had a few expensive repairs in the few years we have owned it. Toyota, Subaru, Nissan, Honda, and other highly-rated-for-reliability brands are the best way to go for those who do not want to spend additional money fixing their vehicles. - Do your own car repairs or trade a trusted friend to do it. Often car repairs are extremely expensive. If you can fix the problem or know someone who would help you fix it, you will save a lot of money. YouTube is an awesome resource for videos that show you how to fix just about anything.
- Pay your car off as soon as possible. You can often lower your insurance rates if you have the title in your possession. Also, once you have your vehicle paid off it becomes an asset.
What have you done to save money on your vehicles?
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Patty Virginia
Saturday 17th of September 2016
Good tips for "Getting to Know Your Car".
roadself
Wednesday 2nd of March 2016
Thanks for the information. I’m always looking to save money, so I think it’s a great idea to learn how to make repairs yourself, like you suggested. I was involved in a small car accident a few weeks ago and I’ve been needing to fix my car. I suppose I’ll try doing it myself. Well, I’ll be needing to find an auto parts store to get the supplies I’ll need.
Anita Fowler
Thursday 3rd of March 2016
Good luck with your repairs, I think you'll find it very cost effective!
Ken
Friday 4th of December 2015
I have my Wells Fargo mortgage take out a half payment on the same day I get paid every two weeks. For the way they apply extra payments, it doesn't get applied until I've put a full payments worth toward it, but the same deposit/withdraw is worth it alone plus the added benefits of finishing up ~5 years earlier with less interest.
Anita Fowler
Monday 7th of December 2015
Great tip! Thanks for sharing.
Janet
Monday 30th of March 2015
#8 -- Your tachometer dial may read "3" but somewhere in the fine print it says "x 1000". You should know that is 3000 RPM.
Number 1 tip that keeps my cars running well to 200,000 miles plus is: Change the oil promptly at 3000 miles (standard oil) or 5000 miles (synthetics).
And remember that cars are about mobility, not fashion.
Anita Fowler
Monday 30th of March 2015
Thanks Janet for the helpful tips!
Common Sense Prepping for Average People - Random thoughts of an Author
Monday 22nd of December 2014
[…] Invest in your vehicle. Here is the link to a really good article by Anita on Live Like You are Rich. Get oil changes on time. Keep the tires inflated and rotated. Some shops rotate for free […]