How to Save Money on Petrol and Diesel? Here’s How

With petrol and diesel prices fluctuating frequently, it’s essential to adopt smart strategies to minimize fuel costs. From using technology to altering driving habits, there are several ways you can save money at the pump.

Use Fuel Price Apps

Fuel price apps are a powerful tool for motorists looking to save money. These apps provide real-time data on fuel prices at various stations, allowing you to choose the cheapest option nearby.

Using these apps can lead to significant savings, potentially saving hundreds of dollars annually by strategically timing your refueling based on price cycles.

Understand Fuel Price Cycles

Fuel prices often follow a cyclical pattern, with prices rising and falling over a few weeks. By understanding these cycles, you can plan your refueling during low-price periods.

Price cycles in major cities have extended from around four weeks to seven weeks over recent years. Timing your refueling during the low phase of these cycles can lead to substantial savings.

Maintain Your Vehicle

Regular vehicle maintenance is crucial for fuel efficiency. Ensuring that your car is well-serviced can prevent issues that lead to increased fuel consumption. Key maintenance tips include:

• Check Tyre Pressure: Underinflated tyres increase rolling resistance, leading to higher fuel consumption. Regularly check and maintain tyre pressure within recommended levels.
• Regular Servicing: Keep your engine running efficiently by replacing air filters, spark plugs, and ensuring proper oil levels.
• Remove Excess Weight: Extra weight in your vehicle can increase fuel usage. Remove unnecessary items from your car to improve efficiency.

Adopt Fuel-Efficient Driving Habits

Your driving style significantly impacts fuel consumption. Here are some tips for more efficient driving:

• Smooth Acceleration and Braking: Avoid rapid acceleration and hard braking as they consume more fuel. Instead, accelerate gently and anticipate stops to brake smoothly.
• Use Cruise Control: On highways, using cruise control helps maintain a constant speed, which can improve fuel efficiency.
• Avoid Idling: Turn off your engine if you’re stopped for more than a minute. Idling consumes more fuel than restarting the engine.

Consider Alternative Transport Modes

Reducing the time spent driving by using alternative transport options can also help save on fuel costs:

• Public Transport and Carpooling: These options not only reduce personal fuel expenses but also contribute to lower overall emissions.
• Cycling or Walking: For short distances, consider cycling or walking instead of driving.

FAQs

By following these tips and staying informed about current trends in fuel pricing, you can make smarter decisions that will keep more money in your pocket while ensuring you remain mobile.