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Posts Tagged ‘gas’

Tried & True Auto Advice May Be False

March 15th, 2010 by Matthew C. Keegan | 1 Comment | Filed in Autos Express

Passenger vehicles have been made for more than a century now and over that time cars have changed dramatically. Much of the advice given years ago has changed too including how often you should change your oil (3000 miles no longer applies) or warming up your car for five minutes before heading out.

Today’s Engineering

Once considered “tried and true” automotive advice, much of what we once believed is no longer relevant and could be costing you money. 21st century engineering has changed the way we maintain and drive our cars so let’s take a look at 5 myths as well as 5 money savings truths courtesy of the Ford Motor Company.

What sort of myths do you believe?

MYTH: Cars need oil changes every three months or 3,000 miles.

False: That used to be true, but not with newer cars. Because of synthetic oils that don’t break down as quickly, consumers actually don’t need oil changes as often – more like every 5,000 to 7,500 miles. (There may be two recommendations for oil-change intervals: one for normal driving and one for hard use. Check your maintenance guide to be sure.)

SAVE: Either way, there’s a considerable savings here: Let’s say you’re an average consumer who drives 12,000 miles a year, which means you would need about four oil changes a year under the old formula. With the new extended mileage, consumers need only about two oil changes a year, cutting their bill for oil changes in half – you could pocket upward of $50 a year or $650 in the lifetime of your car and do something to help the environment by saving oil.

MYTH: You need to let your vehicle engine warm up in cold weather.

False: Your vehicle’s engine only needs a warm-up period of about 10 seconds – you’re actually the only one who may feel chilly. The engine warms up while you drive. Running your car any longer beforehand is just a waste of gas.

SAVE: Depending on engine size, temperature and other variables, modern cars can use about a third of a gallon of gas per hour while idling. By giving up that 10-minute idle every weekday morning, you could save more than a gallon a month – $32 a year or $416 over the life of the vehicle.

MYTH: Premium gas is a treat for your car.

False: Unless your vehicle is specifically tailored to take advantage of the higher octane level in the fuel, you’re wasting your money. Go by what is recommended in your owner’s manual and leave it at that.

SAVE: At current gas prices, drivers may save up to $150 a year by opting for unleaded gas instead of premium.

MYTH: The number listed on the sidewall of your tire is the recommended tire pressure.

False: In most cases, this is actually the maximum pressure allowed for that tire. The recommended amount of pressure is usually listed on the inside door panel – check your owner’s manual to be sure.

SAVE: The government estimates that the average driver’s tires are underinflated by 26 percent. Generally, underinflated treads lower gas mileage about a half percent for each pound lacking when the pressure of all four tires is added up. An average driver with underinflated tires could add $79 a year to his or her fuel bill – or more than $1,027 in the lifetime of the vehicle. You could also save nearly half a barrel of crude oil per year by keeping your tires inflated to the manufacturer’s recommended level. Per the EPA, one barrel of crude oil equals 42 gallons of gasoline.

MYTH: Buy gas in the morning and you’ll save money.

False: The old adage was to fill up in the morning when gas was coolest and most dense because gas is sold by volume and you would get more gas for your buck.

But gas is sold in underground, nonmetallic tanks that typically hold about 10,000 gallons, and it will take a lot of sunlight to raise the temperature even a degree. (However, pumping your gas when it’s cooler does mean less release of vapors, which is better for the environment.)

SAVE: Do your research before buying. Ford’s SIRIUS Travel Link™ sorts gas stations by price on the navigation screen, but Web sites like MSNAutos.com can also help drivers navigate to bargains. In our quick research, we found two gas stations in New York City – less than a mile apart – with 30 cents per gallon price difference. If you know before you go and fill up for less every time, it could result in $227 in your pocket annually, or $2,951 saved over the lifetime of your car.

Ford Calculations

Ford says that by eradicating these myths drivers could save more than $500 annually or more than $6600 over a twelve year period driving the same car. For their estimation, Ford selected their 2010 Ford Taurus, a full size sedan returning 18 mpg city/28 mpg highway with gas averaging $2.70 per gallon.

Of course, your results will be different depending on the make, model and year of your car as well as miles driven. Check out the EPA fuel economy tabulator for your car’s information.

Photo Credit: Asif Akbar


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You Can Save Money On Travel This Summer

May 12th, 2009 by Matthew C. Keegan | 1 Comment | Filed in Travel Tips

No matter where you are planning to take your vacation this summer, you can save on kiddie train rides, museum admissions, trips to the zoo and other fun events if you plan ahead. Hitting the road can do you and your family wonders, but dont allow a challenging economy keep you at home.

No matter where you are planning to take your vacation this summer, you can save on kiddie train rides, museum admissions, trips to the zoo and other fun events if you plan ahead. Hitting the road can do you and your family wonders, but don't allow a challenging economy keep you at home.

Families who are making vacation plans for summer travel are understandably hesitant to commit their funds early on given the current economic climate. In addition, recent small increases in gas prices and a stabilizing in hotel room costs is showing that this year will be cheaper to travel than last, but maybe not by all that much.

Hitting The Road This Summer

For most Americans, staying home this summer is not an option — getting away for one or two weeks is the best therapy the doctor ordered, at least it can be the best way to ensure family togetherness. With that in mind, let’s take a look at some of the ways you can save money on your road trip this summer.

Fuel Up — You cannot do a whole lot about fuel prices and considering that gasoline topped $4 per gallon last summer, anything less than that this summer can seem like a bargain. Still, if you are planning to take a long trip this summer you can save on gas usually in two ways — use regular gas wherever possible and use your gas station affinity credit card to save money on your purchases. Besides that, a well tuned car is the best way to hit the road and pay less.

Eat Out or In — Most hotels include breakfast with your room, meaning you’ll have just two other meals to pay for the rest of the time you’re away. Without putting the burden on the family members to cook, consider having one meal in your room, perhaps using the microwave to cook hot dogs or heat up some easy to make meal. Chances are you’ll be out of the room most days, so if you are ask the hotel desk clerk for local discount options. Why pay full price?

Hotel or Weekly Rental? — Families on the go won’t be staying in one place long enough to rent a house for a week, but if you can stay put then shop for a weekly rental. This summer, many resort locations will be hard pressed to rent out their places meaning you should be able to save quite a bit off of the weekly rate.

Save even more money if you can travel in June or September as July and August are typically the two busiest months for travel and costliest to families. Even if you are spending a night here or there, hotels are offering the biggest discounts seen in years. Marriott, for instance, is offering weekend specials all through the summer, with a three night minimum stay.

Museums, Zoos and Attractions — You may be able to get free admission into most museums and zoos especially if you already have an annual pass to one in your area. Many zoos and museums around the country offer reciprocal admittance for free, so log on to your membership site to see what sort of arrangement is available to you before planning your itinerary.

For other attractions, try to go during the week when crowds are down and prices are most reasonable. Some theme parks, such as Six Flags, extend discounts which are printed on the front of your Coke can.

Shopping — Beach resorts are notorious for having stores with some of the priciest items for sale. But, they can also offer a boatload of bargains if you know where to shop. A rainy day is the perfect time to shop, allowing you to go from store to store to compare prices. The further you go into summer, the more likely that bargains will appear, especially if summer retailing turns out to be a bust for the local market.

Research Your Options Online

You can also discover ways to save by crafting an itinerary before you leave home. Use your internet connection to hunt down bargains, but also tap the front desk clerks, your restaurant waitress and other helpful people who can point in the right direction.

Traveling can be expensive, but it doesn’t have to be prohibitive if you plan carefully.

Adv. — Besides saving money on your next vacation, you can save money on everything you buy for your home. From kitchen faucets to kitchen sinks, you can shop online for the best deals.  Get your home in order by choosing the best organizers on the market; check out online organizing for additional products and helpful tips.

Photo Credit: Steve Woods


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You Can Save On Winter Heating This Season

December 12th, 2008 by Matthew C. Keegan | 1 Comment | Filed in Consumer Tips

Consumers who heat their homes with natural gas or oil are looking for a nice present this year. As the price of a barrel of oil has dropped so has the cost of home heating fuel, but maybe not enough of a dip to help avoid an overall increase in costs over last year. For people who heat their homes with electricity prices will most certainly increase, putting pressure on cost strapped families.

“The average U.S. household will spend $2,300 on home energy this year – 7 percent more than last thermostat
year and 12 percent more than in 2006 – with winter heating bills taking a large ‘bite’ out of household budgets going into next year,” noted Alliance to Save Energy President Kateri Callahan. “At a time of financial stress and strain for many, simple yet effective energy-saving steps are the way to go – not only to save money, but also to make homes more comfortable and help protect the environment.

The Alliance suggests the following winter home energy tips:

– Smart Fix – Plug up leaks to the outside – Seal air leaks with sealant, caulking, and weather stripping; and install appropriate insulation for your climate to increase your comfort, make your home quieter and cleaner, and reduce your heating (and summer cooling) costs up to 20 percent. In 2009, these energy efficiency improvements can also generate a federal income tax credit of up to $500 for 10 percent of the cost of the materials (but not installation).

– Properly maintain your HVAC system. Just as a tune-up for your car can improve your gas mileage, a yearly tune-up of your heating and cooling system can improve efficiency and comfort. Consider a semi-annual or yearly professional “tune-up” of the system to ensure it is working efficiently. The federal government’s ENERGY STAR website can help you find a qualified individual — please see www.energystar.gov/index.cfm?c=heat_cool.pr_contractors_10tips.

– Keep furnace filters clean. Check your filter every month, especially during heavy use months (winter and summer), and change it if it looks dirty. At a minimum, change the filter every 3 months. A dirty filter will slow down air flow and make the system work harder to keep you warm or cool – wasting energy. A clean filter will also prevent dust and dirt from building up in the system – leading to expensive maintenance and/or early system failure.

– Let a programmable thermostat “remember for you” to lower the heat while your home is empty and/or overnight to reduce heating costs by up to 10 percent – and allow you to come home to and wake up to a toasty, comfortable house.

– Consider installing ENERGY STAR qualified heating and cooling equipment. If you have to replace your HVAC equipment, consider a unit that has earned the ENERGY STAR. Installed correctly, these high-efficiency units can save up to 20 percent on heating and cooling costs. Certain highly efficient models qualify for a federal income tax credit in 2009.

– Seal your heating and cooling ducts. In a typical house, about 20 percent of the air that moves through the duct system is lost due to leaks, holes, and poorly connected ducts. Sealing and insulating ducts increases efficiency, lowers home energy bills, and can often pay for itself in energy savings. Also, a well-designed and sealed duct system may make it possible to downsize to a smaller, less costly heating and cooling system that will provide better dehumidification. Insulate ducts in unheated areas such as attics, crawlspaces, and garages with duct insulation that carries an R-value of 6 or higher.

– Insulate your hot water storage tank according to manufacturer’s directions (being careful not to cover the thermostat or the burner compartment in an oil- or natural gas-powered tank) and the first six feet of the hot and cold water pipes connected to the water heater, too.

– Open curtains and other window treatments on your west- and south-facing windows during the day to allow sunlight to naturally heat your home, and close them at night.

– Go “window shopping” at www.efficientwindows.org to discover how high-performance ENERGY STAR-labeled windows can cut heating and cooling costs by as much as 30 percent while increasing indoor comfort and lessening fading of home furnishings. ENERGY STAR windows, too, are eligible for a federal tax credit in 2009 – 10 percent of the cost (but not installation) up to $200.

– Also look for the ENERGY STAR label, the symbol of energy efficiency, when replacing or buying appliances, electronics, lighting and many other product categories. See www.energystar.gov for details on all 50 types of products.

You can also save money on heating oil by joining an energy co-op. Visit http://www.pirgfuelbuyers.com/ for information on how this type of arrangement works and whether co-operative buying is right for you.

Source: Alliance to Save Energy

Adv. — Do you need some great gift ideas? Does the thought of venturing out to the mall have you stressed even feeling anxious? If so, then look for what you want to buy online! Visit nBuy Plaza to find better deals than your local strip mall. While there, print out Santa’s List and download your free Christmas Party Holiday Kit to help you plan your social events for the month of December, even beyond. Happy shopping!


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7 Steps To Reducing Your Transportation Costs

October 28th, 2008 by Matthew C. Keegan | 5 Comments | Filed in Consumer Tips

We all need access to transportation, whether through owning our own car or being able to take a bus, train, or taxi as needed. No longer are we confined to our communities; modern transportation allows us to go most anywhere.

Toyota Camry

Personal transportation costs, however, can put a crunch on any budget – siphoning funds from other areas of your life and draining your savings. High gas prices, insurance, car payments, maintenance, and more can crimp your style, doing a number on your finances like nothing else.

There is no need for you to drive yourself to the poor house because you cannot afford to keep up with spiraling transportation costs. The following tips can help you not only contain your costs, but leave a little extra in your wallet each week:

Save on Gas – If your car “requires” that you fuel up with premium gas, consider using regular gas instead. You’ll lose some power, but you’ll save at least twenty cents per gallon. Don’t worry about your car not having a “taste” for regular fuel as your engine will automatically compensate for the reduction in octane. Potential Annual Savings: $200.

Save on Insurance – Older cars often still have collision coverage on them, even though the replacement value is negligible, therefore considering dropping this coverage. In addition, review your policy for additional savings and consider having one insurer cover both your homeowners and car insurance policies. Potential Annual Savings: $250.

Save on Car Payments – Lots of consumers think that the company financing their car is the one that they’ll have to stay with until their wheels are paid off. Like housing, there are hundreds of companies clamoring for your business who might be interested in taking over your loan. The lower your credit score, the lower your interest rates should be. Potential Net Savings: $500.

Save on Maintenance and Repairs – Your dealer may say that he knows your vehicle best, but plenty of independent mechanics are skilled in servicing a variety of modern vehicles. If your car is under warranty, then go to your dealer. Once it is off warranty, line up a trusted local mechanic who knows your brand of vehicle and can provide a competitive service rate. Potential Savings: The sky’s the limit!

Save on Warranty Costs – If you plan on keeping your car for many years, then consider purchasing an extended warranty. However, select vehicles – Kia and Hyundai, for example – have comprehensive warranties for the first three years of ownership and have a 100,000 mile powertrain warranty included. If you want a warranty, tailor that plan to cover what is NOT covered, allowing the manufacturer to pay for your other costs. Potential Savings: $300-$1500.

Save on a New Car – Sooner or later you’ll decide that your current car is too old, doesn’t meet your current needs, or you’ve tired of driving it. Right now can be an excellent time to buy a car, not just because it is the end of the model year or that the calendar year is fast coming to an end, rather car sales are way down and manufacturers are in the bargaining mood. Arrange financing on your own and walk into your dealership to take advantage of cash back savings and whatever other deals you can negotiate. Potential Savings: $1000-$15,000.

Save on Public Transport – If you don’t own a car or you take public transportation part of the time, you can save money by hopping on a bus, hailing a taxi, or catching the train. However, mass transit costs can be exorbitant, even when some of the costs are defrayed through taxes and grants. Fortunately, many of the publicly run mass transit authorities reward frequent users with weekly or monthly passes which can shave dollars off of your ride. Potential Savings: 10-50%.

For additional savings tips and ideas, please visit SayLowerBills.com to find great money saving ideas for your home, vacation, health, entertainment, and other expenses.


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