CRA Personal Finance & Motoring Explored
BY MOTORING STAFF
Here are 11 fuel-saving tips to save R20.000 a year on fuel because from August 2021, South Africans will be paying record prices for fuel.
Through following a few relatively simple and practical fuel-saving tips and changes to the way they drive and maintain their cars, they can do their bit to save themselves some serious cash – around R20,000 a year.
“A few minor changes could lead to big savings. R100 here and R50 there eventually add up to substantial savings over a year,” says Susan Steward from Budget Insurance.
“The tweaks we can make on the road may seem insignificant, but could help you to buy other essentials, settle debt faster, save more or go on that well-deserved family break.”
With a few minor adjustments to your driving habits and with regular car maintenance, you can boost the fuel efficiency of your car by as much as 40%. If you fill up four times a month, or 48 times a year at roughly R1,000 per tank, a 40% reduction in fuel consumption could save you close to R20,000 a year.
Budget Insurance offers the following fuel-saving tips to save R20,000 on fuel:
- Service smart: A car can burn up to 30% more fuel if proper maintenance is not performed on a regular schedule so make sure your car is serviced regularly. Things like worn spark plugs, worn rings, faulty injectors, sticky brakes, low coolant levels, dirty oil and dirty filters all lead to inefficiency and higher fuel consumption
- Wheel wise: Check your car’s wheel alignment. Bad wheel alignment causes more friction which takes more power to overcome and results in higher fuel consumption.
- Pressure check: Check for underinflated tyres as these also increase resistance.
- Air-con costs a cool buck: Use the air-conditioning only when necessary as it places additional load on the engine.
- Dead weight: Reduce the vehicle’s weight by removing unnecessary items and, if you mostly do city driving, consider driving with only half a tank of fuel.
- Nice and slow: Don’t speed. The gas-guzzling effects of “stepping on it” are well-known.
- Don’t stop-start: Maintain momentum by looking and planning ahead, flowing with traffic and timing your approaches to hills, traffic lights and crossings better.
- Geared for efficiency: Drive at the lowest speed in the highest gear that the road and traffic conditions allow without labouring the engine.
- Tech savvy: Many vehicles have economy settings to optimise performance, throttle response, ride height and so on for maximum fuel efficiency. Use them to your advantage.
- Plan ahead: Use your GPS to check for traffic and avoid problem areas. Do several tasks on one round trip as opposed to many shorter ones. This eliminates unnecessary mileage and saves time.
- Wait out the rush: Battling through traffic not only increases fuel consumption, but also causes wear and tear, especially on your vehicle’s transmission and brakes.
“If it’s within your reach, it could also be a smart move to sell that big or old gas-guzzler and rather invest in a vehicle that runs on less expensive fuel, or is more economical to drive,” Steward says.
“It needn’t cost and arm and a leg either. With a bit of smart bargain shopping you could save on repayments, maintenance costs, insurance and fuel.”
Main Image: From August 4 2021 SA motorists will face record high fuel prices. Image: usu79 / 123rf
Article Credit to Times LIVE Motoring.
Are you using any of the above 11 fuel-saving tips to reduce your monthly fuel costs? Do you think the above fuel-saving tips will save your money if properly implemented and followed by motorists? Let us know in the comments below. Also, if you found our content informative, do like it and share it with your friends.
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