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Drivers Advised To Be Careful With Fuel

May 8, 2008
It is of the utmost importance that motorists take steps in reducing pressures on their spending. This is more evident in the current volatile financial markets, and with the credit crunch still having an impact

Which? claims in its Money Saving Handbook guide that driving at reduced speeds can result in massive savings for Britons. By driving at 50 miles an hour instead of 70 miles an hour, it was stated that petrol expenses could be cut by as much as 30 per cent.The consumer publication also advised drivers to make sure they regularly check their tyre pressure levels within. Driving on tyres which are under-inflated was noted as adding another 8 per cent on to your annual petrol bill and often results in uneven wear and "premature" Tyre failure. This, it was claimed, could lead to "added expense" following on from expensive repair bills.

As a result of higher than necessary motoring costs, it is also possible that consumers develop difficulties in managing other financial demands. Other areas could well include poor credit loans, credit and store cards, household bills and council tax repayments.

Meanwhile, switching off air-conditioning was put forward as another way in which costs may be cut. By keeping such a system on constantly, it was purported that up to ten per cent could be added on top of fuel expenses. In addition, changing gears at the right time was also recommended. By doing this efficiently - not driving a motor vehicle in too low or too high a gear - petrol bills could be reduced by a quarter. Furthermore, Which? reported that roof and bike racks should only be used when essential. By constantly having a fully-loaded rack, some 30 per cent could be added on top of petrol costs.

The author of Money Saving Handbook, Tony Levene, a Which? essential guide, said: "There are some costs involved in driving a car that have to be paid whether you drive two thousand miles or twenty thousand miles a year. However if you can save on your fuel bill by a couple of pounds each journey by making a few easy changes to the way you drive or use your car, why not? Especially ith petrol costs rising and people feeling the pinch, those couple of pounds could make all the difference at the moment."

For those people concerned about their capacity to manage their finances as 2008 progresses in the face of rising costs taking out a loan may be advisable. By doing so borrowers could find that they are able to meet various demands on their spending and make major purchases effectively. One such area in which a personal loan may be particularly recommended to be used is for buying a car, as it may see consumers be able to purchase the vehicle of their dreams quickly and effectively. The additional assistance from a loan, whether it is a personal loan or otherwise, could help drivers to purchase a comprehensive insurance policy. Last month, uSwitch reported that motorists should take their time when selecting their insurance as those who automatically choose the deal offered by their motor manufacturer would pay an extra 26 per cent compared to the most competitive deal on the market.
About the Author
Mark Dawson writes for the the Loan Arrangers where you can compare cheap loans and apply online for the cheapest secured loans.
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