cost of car ownership


Owning a car has become quite a common part of life. Apart from living in major cities that have great transport links, a lot of us will use our cars for daily use – so much so that we can’t imagine what life would be without them. However at the same time, it’s hard not to acknowledge that owning a car is expensive. When you’re not used to it, the cost of getting a car can surprise you and even when you’ve owned and have been running a car for years, you may at one point in time come to the realisation that you just need to bring those bills down.

Here are five thing you can do if you’re keen to reduce the cost of car ownership.

1. Car Sharing

Car sharing can be a really great way to reduce your gas bill each month. When you’re driving yourself to work everyday, the costs can add up. However, when you begin to share that journey with others, that cost comes down. On a side note, this is also a great idea for the environment too. Keen to enroll yourself in a car sharing programme? Sign up with Uber or Grab today!

2. Drive Carefully

The way you drive has a direct impact on how much gas your car uses. Even if you think that it won’t make much of a difference, you’d be quite surprised. You only have to head over to carsdirect.com to read their post on how you can reduce your fuel consumption. When you make the conscious effort to drive carefully, you can change how much gas your car uses.


3. Reduce The Amount Of Time You Spend Driving

If it is suitable or convenient, you can consider reducing the amount of time you spend driving by taking the public transport or using a bicycle for short journeys. This way, it can help you to save some money especially when parking charges and tolls fees can be quite hefty.

4. Shop Around

Another major cost of car ownership will always come in the form of car insurance. To make sure that you get as much cost savings as possible, you should shop around for your car insurance by comparing prices on sites such as cheapautoinsurance.co. This way, you’ll always get the best deal and if you make the conscious effort to shop around, it will often allow you to reduce annual running costs each year.

5. Prioritise Maintenance

Finally, you should also look to stay on top of maintaining your car. Most car breakdowns could have have been avoided if the car has been well-maintained. Yes, maintenance and services will cost you, but they’re cheaper than having to pay for major repairs. It is recommended that you send your car for servicing and maintenance every 6 months.