Save Money on Car Repairs

Consumers lose billions of dollars each year on unneeded or
poorly done car repairs. The most important step that you can
take to save money on these repairs is to find a skilled, honest
mechanic. Before you need repairs, look for a mechanic who:

* is certified and well established;
* has done good work for someone you know; and
* communicates well about repair options and costs.

Save Money on Gasoline

You don’t have to way for a gas war to save money monthly on your gas bills.

1. You can save hundreds of dollars a year by pumping gas yourself and using the lowest-octane called for in your owner’s manual.

2. You can save up to $100 a year on gas by keeping your engine tuned and your tires inflated to their proper pressure.

Auto Leasing

1. Don’t decide to lease a car just because the payments are lower than on a traditional auto loan. The leasing payments may be lower because you don’t own the car at the end of the lease.

2. Leasing a car is very complicated. When shopping, consider the price of the car (known as the capitalized cost), your trade-in allowance, any down payment, monthly payments, various fees (excess mileage, excess “wear and tear,” end-of-lease), and the cost of buying the car at the end of the lease.

Save Money Buying Your Next New Car

1. You can save thousands of dollars over the lifetime of a car by selecting a model that combines a low purchase price with low financing, insurance, gasoline, maintenance, and repair costs.

Check the book store, internet or library for new car guides that contain this information.

2. Having selected a model, you can save hundreds of dollars by comparison shopping. Call at least five dealers for price quotes and let each know that you are calling others.

**This is going to be especially relevant in these uncertain economic times.

Save Money on Your Next Car Rental

1. Since car rental rates can vary greatly, shop around for the best basic rates and special offers.
2. Rental car companies offer various insurance and waiver options. Check with your insurance agent and credit card company in advance to avoid duplicating any coverage you may already have.