Fuel prices is one of the biggest expenses you’ll pay out every year. Motorists are constantly stressed about rising petrol and diesel costs and if you drive a lot, it can be a huge chunk of your monthly wage gone in one go. There are ways of minimising your fuel costs, some to do with the way you drive and some with some money savvy behaviour.
Why is Fuel so Expensive?
The price of fuel in the UK is one of the highest in the whole world. This is due to the huge tax on oil in the UK, with the fuel duty higher in this country than any other on the planet. It may seem unfair but there’s not much we can do about it, except get the most of our fuel and minimise our costs wherever possible and below are our top tips for doing so:
- Remove Excess Weight in your Vehicle
Reduce fuel consumption by removing unnecessary wight from your car. Take out additional car seats, remove the roof rack when you’re not using it and keep on top of rubbish. Even small amounts of toys, bottles, or anything else which conveniently gets stored in the car could make a different to your overall petrol costs.
- Check your Tyre Pressure
If your car’s tyre pressure is off and you haven’t realised due to the way, it handles then you should be able to tell by the overuse of fuel it causes. Flatter tyres are in more direct contact with the road’s surface, creating more drag on the wheel. By keeping your tyres inflated properly you will see an improvement in your fuel economy.
- Only Top Up what you Need
It can be annoying to regularly top up your tank but this is the most efficient way of getting more miles for your money. Only topping up what you need, instead of always going for a full tank, opt for how much you need and this amount of fuel will actually go further. Keep a notebook in your glove box, write down how much fuel you get next time you visit the pump (in litres) and note down how long this lasts – this will give you an idea of how much you need for the average week.
- Look for Cashback Deals, Credit Cards and Voucher Schemes
Many of the leading supermarkets offer occasional discounts on petrol if you shop in store or you can use loyalty points on petrol too. There are also credit cards which offer you cash back if you purchase fuel using your card. If you drive regularly then these schemes could be a great idea for you and you may find ways to make a saving and cash back on your fuel purchases.
- Shop Around
Don’t always go to the nearest petrol station because it’s “easiest”. There are comparison tools online or you can take note of the prices at different stations to ascertain which is the cheapest at any one time. If you’re looking for the best value, you have to give up a little convenience sometimes. Fuel is always going to be an expense for those of us who have no choice but to drive to work and school. Factoring in different ways of making it affordable should be a priority with this in mind.