15 ways to keep the cost of driving down

How to save money after buying a car on finance

If you’ve just bought your first car, you may be surprised at some of the additional costs you incur.

We’ve put together 17 of the best ways to reduce the costs of driving in order to save you as much money as possible!

Used car on a country road

Go Eco

If you have a standard petrol or diesel car you could save money by trying to drive under 30mph as much as possible.

This also works out better for the environment which means you’re saving two things at once!

Go eco with a used car

Ask Around

If you need repair work asking friends and family for any recommendations can end up cheaper.

Make sure you check your warranty first so that any work doesn’t void it as, if it does, it could cost you more in the long run.

Use a garage to reduce insurance costs

Keep it Safe

Your insurance will be lower if you park your car in a driveway or garage. If you've got one, use it!

Top UK Insurance myths. Read more

Use Another Car

Being insured on another vehicle could bring down your premium as it shows you don’t use one car all the time.

Beware though, it could end up more expensive depending on insurance - do your research!

In-car technology can reduce costs of fuel

Use In-car Technology

A lot of newer vehicles are now equipped with technology that helps improve their efficiency, such as alerting drivers when to change gear. Make use of this where possible.

Have Regular Services

Regular services can ensure your car is in the best possible working condition and helping pre-empt any potential future problems.

Remove excess weigh to cut fuel consumption

Lose Weight

Reducing the weight of your load will have a positive impact on fuel efficiency.

Take off any unused roof boxes or bike racks and items out of the boot to use less fuel.

Plan Journeys Carefully

Invest in a sat nav or use the maps on your smartphone along with an in-car phone holder.

This will save fuel and also the embarrassment of asking for directions!

Use a sat nav to save fuel consumption

Walk or Use Public Transport

The easiest way to keep driving costs down is by not driving at all.

It may sound counterproductive if you’ve just invested in a car but sometimes walking, taking the bus or train can be cheaper, especially on short journeys.

Make sure you still use your vehicle though, as you don’t your car battery to could go flat

Fuel Contamination Risks. Read more

Keep Moving

It is more efficient to stay moving, as braking turns fuel into waste heat.

Don’t brake suddenly, instead slow down to a roll and stay a good distance behind other vehicles.

Reduce speed and driving costs

Stick to Speed Limits

This one’s simple: the faster you go the more fuel is used.

Not only are speed limits essential for drivers’ safety, they also act as a good guide for fuel usage.

Driving at 50mph, for example, saves up to 15% more fuel than at 60mph!

Combine Trips

To save time and effort (as well as fuel) combine short stops into one journey.

Visiting a friend? Why not go shopping on the way back instead of waiting until the next day?

Analyse your fuel costs

Analyse Fuel Use

Record how much you are spending on fuel each week to see if it’s more efficient to combine journeys or find other areas to cut back.

Depending on your vehicle you could save money by only filling up from an empty tank rather than putting in a couple of quid each week.

Shop Around for Insurance

Insurance will probably be the most expensive running cost aside from fuel, so using price comparison sites for the cheapest option is a simple way to reduce this cost.

Reduce the cost of driving

Add Extra Drivers

Another way to cut down on insurance can be to add other drivers to your policy, with parents and other experienced drivers being the best choices.

Make sure that you’re aware of any restrictions this could add to your policy and don’t be tempted to add someone else as the main driver if they’re not, this could end up invalidating your insurance.

These tips should help you keep the costs of driving down after purchasing your new car on finance. Let us know if we’ve missed any over on Facebook or Twitter, we’d love to hear and share as many tips as possible!

Images courtesy of iStock.

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