A Variety of Ways to Cut the Cost of Car Ownership

Fuel prices, insurance rates and car maintenance expenses continue to rise. Gas prices alone are up as much as 65 percent or more from a year ago according to a survey of service stations by the U.S. Energy Information Administration.

Thankfully, you don't have to alter your driving habits or buy a new car to get some relief. Here are some quick, inexpensive, easy ways to save money.

Mind the air to save money on fuel
The U.S. Energy Department reports that under-inflated tires can increase fuel consumption by up to 3 percent. One study estimates that 50-80 percent of the tires rolling on U.S. highways are under inflated. Astonishingly, we could save up to 2 billion gallons of gas each year simply by properly inflating our tires.

Secondly, a clogged air filter can increase fuel consumption by as much as 10 percent. Air filters keep impurities from damaging the interior of the engine, so replacing dirty filters will save gas and protect your engine. More tips to save money on fuel are available at www.fueleconomy.gov.

Get slick to reduce maintenance costs and save fuel
There are high performance motor oils that can make meaningful improvements to your car's fuel economy and engine life. For instance, numerous independent studies have documented that Royal Purple® motor oil improves fuel economy by as much as 5 percent and dramatically reduce engine wear. Additionally, using Royal Purple® motor oil, as opposed to conventional oils, allows for more miles between oil changes, reducing maintenance costs and the amount of time spent on maintenance. You'll pay a little more for premium motor oil but the savings in fuel and reduced maintenance costs more than make up for the higher price. You can find out more by visiting the Royal Purple® website.


Reduce your insurance costs by doing your homework
One of the simplest ways to reduce insurance cost is simply to shop around. Prices vary from company to company, so it pays to do your homework. Get at least three price quotes. You can call companies directly or access information on the Internet. Your state's insurance regulator may also provide price comparisons. Other ways to reduce insurance costs can be found by visiting the U.S. Insurance Information Institute's website.

An astute consumer can save hundreds of dollars a year on automotive expenses without buying a new car or changing lifestyle. All it takes is a little time and research, and the good sense to choose better performing products.

(Source: Royal Purple)