How can you save on one of life’s daily necessities? There are a number of things you can do to help keep more of your hard earned money in your pocket and out of your gas tank. Here are three tips for getting the most out of your gas tank:
1. Change the way you drive . Have you ever heard the saying, “Time is money?” When you’re speeding down the highway you may think you’re saving time, but you’re certainly not saving money. You’re paying an additional $0.24 per gallon of gas for each 5 mph you drive over 50 mph.
The U.S. Department of Energy cites “aggressive driving,” (quick acceleration and braking) as a top gas guzzler; it can lower your gas mileage by 33% at highway speeds. See how well you’re driving by downloading a driver feedback app like DirectDrive . Those using driver feedback devices could improve their gas mileage by about 10%, which is like saving $0.11 to $0.37 per gallon, according to the University of California’s Institute of Transportation Studies .
TIP: Avoid speeding and aggressive driving.
2. Get a tune-up. A major maintenance problem could take a serious toll on your car’s fuel efficiency. Fixing a critical maintenance issue, like a faulty oxygen sensor, could improve your mileage by as much as 40% .
Little acts of car kindness matter too. Keeping your tires properly inflated could improve your fuel mileage by up to 3.3%, which is a savings of about $0.11/gallon. *
TIP: Keep up with your car’s regular maintenance.
3. Plan ahead. Think through your errands before you hop behind the wheel. Combining errands into one trip could save you time and money. A handful of short trips taken from a cold start could use twice as much fuel as a longer trip covering the same distance when the engine is kept warm, reports the U.S. Department of Energy .
When it comes to your daily commute, you could also save money and gas by using public transportation or taking advantage of carpool or ride-sharing programs in your city or workplace.
TIP: Combine errands and carpool when possible.
In addition to these tips, pay attention to the fuel reward programs at your local gas station and grocery store. Many gas stations will also give you a discount on gas with the purchase of a car wash, or vice versa. Head over to Facebook or Twitter to share with us how you get the most out of your gas tank!
* Cost savings based on an assumed fuel price of $3.67/gallon.
Source: U.S. Department of Energy, www.fueleconomy.gov