Five Ways You’re Wasting Money on Your Car

Owning a car gives you the freedom to travel anywhere you choose but it does come at a cost. As well as the cost of purchasing a vehicle, you’ll need to factor in the on-going maintenance and running costs you’ll encounter too.

Fortunately, there are ways you can save money as a car owner. By identifying the ways in which you’re spending more than you need to, you’ll find it surprisingly easy to make savings. To get started now, take a look at these XX ways you’re wasting money on your car:

1. Using Synthetic Oil

Some car owners keep their vehicle topped up with synthetic oil because they assume it’s better for the engine. However, this isn’t always the case. Before you shell out for more expensive synthetic oil, be sure to check whether your vehicle will benefit from it. In most instances, only high-performance engines really benefit from synthetic oil, so there’s a good chance you don’t need to waste the extra cash.

2. Spending Too Much on Insurance

A quick search on a comparison site will show you the variations in insurance premiums, so don’t be caught out by providers that charge sky-high prices. By looking for a low-cost insurance provider, you can substantially reduce your outgoings. When you take out car insurance with Call Wiser, for example, you can get the cover you need at a competitive price. By tweaking your policy to reflect your specific needs, you can lower the cost even further.

3. Frequent Tune-Ups /Services

You’ll need to book your vehicle in for a yearly MOT and an annual service can be beneficial but frequent tune-ups often aren’t required. Now that most vehicles are fitted with advanced computers, they can quickly alert you if something goes wrong. This means that most car owners won’t need to take their vehicle into a garage for routine tune-ups throughout the year.

4. Not Checking Tyre Pressures

Driving when your tyres are under or overinflated can increase the risk of accidents occurring. Additionally, the wrong tyre pressure can mean that your vehicle uses an excessive amount of fuel. By checking your tyre pressures regularly and making adjustments when needed, you can ensure your vehicle is roadworthy and save money on petrol too.

5. Ignoring Dashboard Lights

When a warning light appears on your dashboard, it’s important to take action swiftly. Some dashboard lights indicate a potential safety issue that will need to be looked into, whereas others relate to more minor issues. However, even seemingly minor issues can escalate into something bigger if they’re not remedied quickly. Avoid big repair bills by getting minor problems fixed quickly and efficiently.

Cutting the Cost of Motoring

Although car owners will inevitably incur some costs, owning a vehicle doesn’t have to be as expensive as it seems. By keeping your car well-maintained and looking out for savings, you can dramatically reduce your costs. No matter what type of vehicle you drive, there are simple and straightforward ways to cut the cost of motoring.