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Most Realistic Ways To Save Money On Transportation

Author: Carol Evenson
by Carol Evenson
Posted: Aug 21, 2018

Operating and maintaining an automobile can be expensive. However, it is wise to consider the pros and cons of living without an automobile before deciding to give up on your car or motorcycle entirely. While it’s easier to give up on a vehicle in cities with a reliable transportation system, it isn’t possible in remote areas. Research has shown that transportation costs are an essential component of the budgets of most Americans. In fact, only a few Americans are fortunate enough to reside near schools, churches, workplaces, and shops. You could be spending 15% to 20% of your salary on transportation costs. However, below are incredible tricks to help you cut down on your costs of transportation,

Use Public Transportation

The cost of operating a private car include parking fee, maintenance, and fueling and can exceed what you spend on the food. Nonetheless, people can consider substituting some of their trips with public transportation if they aren’t ready to give up on their vehicles or motorcycles entirely. People living in larger cities can either use commuter rail systems, rapid light rail or reliable bus services while those in smaller towns can use scheduled bus services. In fact, most of these services provide space for commuters to load their bikes for shorter distances once they reach their destination. Replacing some trips with public commuter services can help save a lot of money per month in parking fee, fuel expenses, and maintenance.

Save on Auto Insurance

One of the expenses associated with car ownership is automobile insurance. In fact, nearly all states require all car owners to carry liability insurance to protect themselves and the public while some lenders need motorists to have collision and comprehensive insurance until they repay their loan. However, choosing a cheap car insurance Chicago Illinois can go a long way to reduce your travel costs. Insurance premiums for expensive auto models are higher than family station wagons with lower repair costs.

Minimize Fuel Consumption

You can reduce fuel consumption by reducing the number of miles you drive every day. You can use phone apps to search for people you can share a ride with and split the costs, avoid a traffic jam, and identify the most efficient route. Smart purchases can also help in lowering the price per gallon. For example, fueling with cash can be less costly, as most gasoline stations tend to add a few extra cents per gallon when a person fuels with a credit card. Alternatively, one can use gas credit cards instead of cash to earn valuable cash returns.

Proper Maintenance

Maintaining a car will slow down the decline of its resale value and improve its reliability and safety. For example, cleaning an automobile often can restore its appearance and add a lot to its resale value. One of the ways to maintain your vehicle properly is to find a trustworthy, reliable mechanic. Independent dealerships are likely to have courteous staff, fair prices, quality services, and always honor their promises.

Hire a Taxi Only for Special Occasions

Renting a car can be the most inexpensive option for commuters whose need for a vehicle is temporary. For example, city dwellers should rent a car only over the weekends or during the holiday when they want to drive away from the city. Over time, car rental business has become competitive, and car renters are using special offers to stay ahead of the curve. However, customers need to be extra cautious, as some car renters often add to their charges without consulting their customers. Take time to study the tricks that a car rental company uses to add on extra costs before renting their automobile.

Over time, an automobile has become one of the essential purchases in the lives of many Americans. However, people now reflect their social status, dreams, and personality to make informed decisions when buying a vehicle. Nonetheless, the increased ownership of vehicles has come along with traffic congestion, which has resulted in exorbitant parking fees and high gasoline prices. As a result, the benefits of owning a car have exceeded its costs, and people are looking for ways to lower their transportation costs as much as they can.

About the Author

Carol also is passionate about health and fitness and stays active on her free time. She enjoys hikes and participates in multiple marathons. She loves learning to new tips on health and enjoys sharing her knowledge with her readers

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Author: Carol Evenson

Carol Evenson

Member since: Nov 24, 2017
Published articles: 35

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