How you can save up to £1,400 on your car amid price rises
Many households across the country are struggling to manage their budgets amid the cost of living crisis.
Despite the Chancellor announcing that fuel duty would not rise in line with inflation, the cost of running a car is still expensive.
This is why the experts over at the car dealership brand Peter Vardy have shared some changes drivers can make to save up to £1,400.
5 tips to help your car fuel last longer
Experts reveal 7 changes that could save motorists £1,400 on their cars
Here are the tips as revealed by the motoring experts:
Add another driver to your insurance
If you are new to driving, the experts advise that naming a parent on your insurance policy could reduce your premiums by hundreds of pounds.
Research conducted by Uswitch found that new motorists can save an average of £426 a year by doing this.
Avoid buying premium fuels for standard cars
Most retailers claim that premium fuels can offer better performance, economy advantages and even protect your engine but the experts disagree with this.
The experts claim that unless you are driving a premium car, you’re unlikely to see an advantage in premium fuel.
Premium fuel costs on average 10p more per litre, meaning drivers can save up to £138.32 per year by ditching this.
Haggling over car insurance
Haggling on your insurance coverage can save you up to £100 with Money Saving Expert finding this to have an 80% success rate.
Filling up your tank at supermarket garages
Typically, supermarket garages are cheaper than branded ones, meaning motorists can save around £74 a year by making this switch.
Performing your own car maintenance checks
By performing your own regular car maintenance checks, spotting standard wear and tear and fixing it before it becomes a problem, you can avoid paying the average annual repair cost of £574.
Cashback credit cards on fuel
Purchasing your petrol or diesel with a cashback credit card (like Santander’s 123 accounts) offers you 3% cash back for each fill-up.
If you filled up your car biweekly, you’d get £52.68 over the full year.
Paying your road tax annually instead of monthly
Spreading the cost of your road tax costs more in the long run which is why paying the full year upfront can save you around £29 a year.
Your Money Matters
Your Money Matters is a campaign launched by us and our sister titles across Newsquest to help you overcome the surge in the cost of living.
This year has seen a whole host of household price increases — from the energy price cap rise to surging inflation and food prices — costing your family hundreds or even thousands of pounds extra per year.
We’re making it our mission to look out for your cash, offering money-saving deals, competitions, giveaways and insightful stories from your community on the impact this cost-of-living crisis is having on our readers.
The worldwide energy crisis exacerbated by the Ukraine invasion, the financial impact of the Covid pandemic, record inflation figures and a surge in the cost of goods, fuel and travel means we will all feel the pinch.
Through our newspaper, we want to do what we can to help make your cash go further because we know your money matters.
East Lothian Courier