Woman with her car keys

Trim Down Your Car Running Costs With 2 Smart Tweaks

Direct Finance

If high car running and maintenance costs are driving you up the walls, then it’s high time you did something to rein them in. Polishing your driving habits and getting smart about insurance make a great place to start.

After the house, the car is probably the second largest purchase you’ll ever make. In most cases, car payments also come in second after the mortgage. For the best motoring experience, advises an Aurora auto insurance provider, you need to consider more than the price tag when buying a car. See, you need a chunk of money to keep the running smoothly as you go about your day. Thankfully, you can take proactive steps to keep these costs on the down low.

Watch how you drive

It might seem surprising, but your driving habits have a great impact on the car running budget. If you’re heavy on the brakes and the gas pedal as you careen around corners, you’ll incur more on gas. Aggressive driving increases your gas consumption by as much as 33 percent while on the highway. Again, this hard-driving will take a toll on the car’s systems such as the brake pads, transmission, suspension as well as the engine. It increases the rate of wear and tear, which results in a hefty repair bill on your next visit to the shop.

Be smart about insurance

As tempting as it is to stick to one insurance company, you make considerable savings by shopping around. Before renewing your cover, shop around from at least for companies. The discrepancies in the cost might be shocking, and you’ll save some money in the process. If your car is more than 10 years or is valued less than ten times the insurance premium, consider cutting down on the coverage. Skipping the collision coverage could shave about 40 percent off your insurance costs. Bundling your home and auto insurance also entitles you to a sizeable discount.

Running a car can prove to be a costly affair that can leave a dent in your wallet. By espousing excellent driving habits and shopping around for insurance, you get to lower the running costs.