Before you buy a car, you first have to think about whether you really need a car. Certainly when your partners already have a car, for example. Maybe you can take the bike or public transport That is not only saves money, it is also good for your health. When you cycle, you practice sports. When you use public transport, you have less stress than when you have to be in a traffic jam. Not buying a car is saving car costs.
Carpooling or sharing the car with several people, the car cost is reduced by about 1/3 or more. This also ensures that there are fewer cars on the road.
How to save on car costs?
We have not yet spoken about the road tax, the car inspection, the car loan, maintenance, etc. We call this the fixed costs. These come back annually and are known. But we also have variable car costs such as fuel consumption (hybrid, diesel, gasoline, LPG, etc.). For certain types of cars, the variable cost will be relatively higher, for example with petrol cars. These high car costs are determined by the gasoline price.
The fuel consumption itself depends on the type of car. Are you driving with a city car or with a break? How much horsepower does your car have etc.
When you buy a car there are several factors that determine the current costs and subsequent costs:
- Type of car
- kind of fuel
- New or used car
- Car loan
By the type of car we mean a small or large car. As strange as it may sound, smaller cars experience a higher air resistance, which means they use more than larger cars. On the other hand, larger cars have more horsepower with higher consumption. Although there are certainly exceptions nowadays. Just think of the electric and hybrid cars.That leads us to the next point, buying a new or used car.
Used or new car?
Second-hand cars usually have a slightly higher consumption compared to the new advanced models. We then consider the possible costs that a second-hand car can entail. So you spend a little more on repairs and maintenance than on a new car.
What we do have with a new car are the large depreciation costs in the first year. After a year, a new car is already worth 30% less on average. That is another good reason to buy a recent second-hand car. They are then considerably lower and no longer outweigh possible repair and maintenance costs. For a middle class car of 2.5 years old, you are therefore 20% cheaper if you bought a new car. Therefore it is best not to buy a car that is older than 2 – 3 years. It is not for nothing that car loans are based on this.
kind of fuel
The type of fuel seems to speak for itself, but nothing is less true. Gasoline (95 – 98) is more expensive to purchase, but due to strict regulations and the mandatory installation of a soot filter on diesel cars, a gasoline car makes it more interesting. This is mainly the case if you have a diesel car that does not use car trades.
You will then regularly encounter problems with the soot filter, but that is because you do not do enough miles and at a low speed. So if you have to go to the garage 4x a year to have your soot filter checked, a gasoline car will come out cheaper.
Compare car loan
By choosing the right car loan, you can therefore save on car costs. Car loans are generally cheaper when you take out a car loan for a new car or cars younger than 2 years old.
Why did we do that? A cheaper car loan does not mean a better car loan. For example, if you were buying a new car at a very low interest rate, it is possible that the car dealer will give you less discount on the total amount, only a low additional discount on the takeover of your old car. That is why reliable loan providers are so important.
Other ways to save car costs
In addition to the factors we mentioned above, you can also save costs by adjusting your driving style. What does that mean?
- Slowly pull up when you drive away.
- Cold engines use a lot of fuel. Do not run them at high speed.
- Switch to a higher gear sufficiently quickly.
- Drive even if possible, so always the same speed. That is why the cruise control was invented. You save on average 5%.
- The ideal speed is between 70 and 90 km per hour. In addition, you use approximately per 10 km / hour, 10% more. When you drive on the motorway, you therefore consume a considerable amount of gasoline. Of course, the distance must also be included.
- Anticipate the traffic.
- Let yourself bulge instead of stopping brutally.
- Check the tire pressure. Small deviations do have an influence.
- Interpret the data of your on-board computer. By regularly monitoring this, you can check when changes in consumption occur. Try to actively interact with this. For example, you will notice that open windows or an open roof cause more fuel consumption.
- The use of air conditioning leads to a 30% increase in car costs. Only switch on air conditioning when necessary. Setting up the normal ventilation costs nothing.
- Switch off the engine, even with short stops.
- Compare prices in gas stations.
- Compare maintenance garages. Price differences from 50 to 150 euros are no exceptions.
- Compare insurance policies but read the small letters.
- An empty van consumes less than a full van.