Since your car is generally the second biggest expense after your house it makes sense to look for some areas to save money there, too. Luckily, there are quite a few ways to save on your car expenses.
Since the cost of living is so high and things like gas and repairs are getting more expensive by the week, you should do your best to reduce the amount of money that you spend on your card bills.
In this article, we will go over several ways that you can save quite a bit when you are trying to reduce your car expenses.
1. Car insurance 2. DIY repairs
1 – Car insurance
It may seem hard to believe but there are a number of ways to save money on car insurance costs. It may seem like you are stuck paying whatever your insurance company tells you but don’t believe it. There are a lot of ways that you can reduce the cost.
The best way is to shop around. When your policy is set to expire do a simple search for the cheapest car insurance Connecticut has and you can then make a list of possible companies to switch to. Then you can call the companies and ask them what they are offering for a quote.
You can get a quote online but it is always better to talk to a person since they are very motivated to get you to switch companies. There are usually deals to be had that they can hunt down for you.
You can also save money by using a tracking device that will send a monthly driving report to the company. This device tracks your speed, braking habits, and other driving factors. When you’re a good driver, you will see your premium reduced the following year.
The biggest way to save is to also remove some of the comprehensive insurance that you have and don’t need. This includes things like theft, hail damage, flood damage, and others that are not relevant to your situation.
2 – DIY repairs
The cost of labor for a mechanic has always been high but it is off the charts these days. The more you can do yourself then the better off you’ll be. There are many repairs that the average person can do on their car to avoid costly maintenance from a mechanic.
For instance, changing the oil is not difficult and doesn’t require any special tools except for a wrench to change the filter. It only takes a few minutes and you only need to pay for the oil, the filter, and sometimes the disposal fee to get rid of the old oil. Yet, it can save you hundreds of dollars per year to do this yourself.
You can also do things like changing the brake pads and spark plugs without needing to go to a mechanic.