A lot of families struggle for money at the moment due to the state of the economy. Jobs don’t pay as much as they did in the past, and monthly bill payments have increased. With that in mind, it doesn’t make sense to overspend when it comes to the family car. There are some suggestions in this article that could help people to save a lot of money.
Use comparison sites for insurance
Insurance is often the biggest car-related payment people have to make each month. Some providers charge more than others, and so it’s sensible to shop around. Thankfully, there are lots of comparison websites online these days that remove all the hard work from the process. Use them wisely!
Opt for a vehicle with a small engine
Cars with small engines cost less to keep on the road for a few of reasons. Firstly, they don’t use as much fuel to get from A to B as other vehicles. Secondly, most insurance providers won’t charge as much for a car that doesn’t reach high speeds. Thirdly, the road tax is likely to be a bit cheaper on a smaller vehicle. If you can all squeeze in, and don’t mind the noise when you’re trying to get up a hill, think about going for something with a bit less power.
Avoid premium fuel at all costs
Most people think that premium fuel will keep their car’s engine clean and in working order for longer than the alternative. However, that is only really the case if the family owns a Formula One vehicle (and if you do, you don’t need to save money!). For traditional road cars, premium fuel doesn’t make much difference except for the level of harm it causes to bank balances!
Graphic by Sunny.co.uk
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