Ten Tips to Lower Driving Expenses
Jul 31, 2013
-
The average driver using a new car can expect to spend $8,121 this year to rack up 15,000 miles on it, or 4 percent more than the $7,823 it would have cost last year, according to AAA. The main culprit is spiking fuel costs.
Here some tips every driver can take to help lower driving expenses.- Read More Articles at ForbesAutos.com
- In Pictures: Ford goes green
- In Pictures: A hybrid that fits the family
- Hybrid SUV: Save gas without downsizing
-
Study Depreciation Rates
A vehicle's depreciation rate can be a better indication of long-term value than its sticker price. "What you pay for a vehicle doesn't matter. It's how much the car depreciates," says Michael Calkins, manager of approved auto repair for AAA in Heathrow, Fl.- Read More Articles at ForbesAutos.com
- In Pictures: Ford goes green
- In Pictures: A hybrid that fits the family
- Hybrid SUV: Save gas without downsizing
-
Optimize Insurance Coverage
"Do you have the right insurance for your life situation? You don't need collision coverage for a 15-year old vehicle," Calkins says.- Read More Articles at ForbesAutos.com
- In Pictures: Ford goes green
- In Pictures: A hybrid that fits the family
- Hybrid SUV: Save gas without downsizing
-
Specific Vehicles for Specific Tasks
Households with multiple vehicles can cut costs by using the smallest, most fuel-efficient vehicle whenever possible, like for running an errand or commuting to work. Save the larger car, van, SUV or truck for when they're really needed.- Read More Articles at ForbesAutos.com
- In Pictures: Ford goes green
- In Pictures: A hybrid that fits the family
- Hybrid SUV: Save gas without downsizing