Do Hybrid Cars Really Save Money?

hybrid-002.jpg

The ever climbing cost of fuel in today’s volatile marketplace has sent many of us running out to buy a hybrid car in the hopes of saving money. Initially it is easy to believe that buying a new hybrid will save you money, unfortunately you may find that it will take several years to actually save any money. In order to decide if a hybrid is right for you, a careful look at the following is essential.

How Far Do You Drive Monthly?

On average a hybrid vehicle will allow you to go three times farther on a tank of gas. For the sake of this article let’s say that you drive 300 miles a week. With your new hybrid you can travel approximately 900 miles on the same amount of fuel.  If a tank of fuel costs you $50 then you will spend $200 a month in your current car or $75 a month in a hybrid. This will amount to a savings of $125 a month on full. The average cost of a hybrid car is $15,000 dollars higher than its’ standard equivalent. That means that it will take you 10 years to make up the difference.

Do You Currently Need A New Vehicle?

If you have a vehicle that works fine; is it beneficial to buy a new hybrid? I am going to have to say no. Based upon the information above, you can see that it will take several years to offset the added expense of buying the hybrid version of a new vehicle. When you take into consideration the expense of purchasing a new vehicle only to save money on fuel, you can see it is not practical. I know that many of you may be thinking; but my current car is a gas guzzler. Purchasing a standard vehicle that gets better gas mileage is a far better choice if you are looking for a return on your investment. In addition, you could opt for something like a used Toyota Camry. This would yield a good increase in gas mileage and allow you to avoid the rapid depreciation of buying a new vehicle.

Is Carpooling an Option?

The desire to save money is very understandable in today’s economy. That being said, using a ride share program could be a great way for you to save money and see the return sooner. The majority of us commute to work 20 days a month and depending on the length of your commute, it could be quite costly. By joining a carpool or similar group you could cut your fuel consumption in half. Since you won’t have to invest in a new vehicle, the savings will be immediate.

Again, it is easy to get wrapped up in the hyped up claims of hybrid car manufacturers and believe that it is the only right choice to save money on transportation. Before you decide if a hybrid is right for you, I highly recommend that you take the time to figure out just how long it will take you to get your money back and consider some better alternatives.

Paying for Emergency Car Repairs

A broken down car can be a big headache; commuting, carpooling, running errands, all can be interrupted when your vehicle is down for the count. Car repairs can be expensive too. Not only are you paying for the repairs, you’re paying for parts and labor as well. There are ways to manage this unexpected expense if you’re willing to take a deep breath and bite the bullet.

Never Procrastinate

Regular car maintenance will help you to avoid a lot of stress. A car that is well taken care of will take care of you. Change your oil regularly, check your fluids and have your car checked once or twice a year by a mechanic. You can never be too sure when it comes to your vehicle.

Always acknowledge when your car is not running correctly. We have all noticed when it takes a little longer for the battery to turn over, when the engine makes a funny sound, or the power locks stop working. Addressing these problems when you notice them may result in a quick, inexpensive fix.. Unfortunately, automobile problems don’t go away; they grow. Pay attention to your check engine light and other warning signs and you can repair your car on your timeline and within your budget.

Emergency Fund

Try to set aside a little money every month which is dedicated to car repairs. You know that you don’t need to purchase premium gasoline for your car, so put the difference in a savings account for emergencies. Those dollars will add up! Car repairs become much less stressful if you have the funds saved up to cover the costs.

Shop Around

If you find yourself in an emergency car repair situation, stay calm. If you do not have triple A or some other road side assistance, spend a few moments calling different towing companies for a quotes. If you jump at the first company you call, you may miss out on some savings.

Know where you want to have your car towed. If you have a dealership or mechanic that you trust go there. You may be able to negotiate a price or payment plan if you bring your car to an establishment or service center with whom you already have relationship.  Call your insurance company too. They may cover some repairs or the cost of a rental car, so you are not without transportation while your vehicle is being fixed.

Explore Your Options

Once your mechanic has given you an estimate of the work, discuss all your options, He or she may be able to get your car up and running by fixing part of the issue, but leaving some more detailed and more expensive work for later. If you go this route, make sure you start budgeting for the repair and schedule the maintenance for sooner rather than later, so you don’t end up in the same situation in a month or two. See if your mechanic can offer financing or a payment plan/. The interest rate might be lower than putting the repairs on your credit card. Discuss the overall health of your vehicle. At some point, the law of diminishing returns comes into effect, and it will make more financial sense in the long run to purchase a new (or new to you) car than repair your current vehicle.

Car repairs are inevitable. Every vehicle ends up in the shop at some point. With some scheduled maintenance budgeting, and planning, car repairs don’t have to break the bank, your budget, or cramp your style.

bigstock-Woman-With-Broken-Car-8226777-e1362156426576-588x400.jpg

How Speed Can affect your Car Handling

dangers-of-speeding-500x350

Whether racing expertly or simply enjoying the pace of a race, sports vehicle racing is definitely an activity for just about anyone with the drive.

However, as just about all races are competitive, you’re always on the lookout for ways to improve your time. Below are great tips you can take with you next time a person hit the asphalt.

In the start-up – A high level beginner, try not to floor the accelerator at the starting line. You may still ‘t be used to managing all that energy.

– With regard to advanced racers, rev your engines as high as it can go within secure limits. When the signal is given, ease off the clutch, letting the engine go.

On the straight-aways – You ought to be close to your own maximum speed on straight-aways, but be very mindful of your steering.

– Beginners should use both of your hands for the controls placing all of them at the 10 and 2 jobs.

– Advanced racers ought to know how to steer by accelerating as well as decelerating. Acceleration brings the car towards the outer track while decelerating draws it within. Steering with the wheel is actually minimal and should only guide the direction of the pull.

Making the becomes – Racers approach becomes in two ways: gradual as well as sharp. Gradual turns apply towards the outside the track creating a slightly wide approach. Beginners should get used to this kind of turn first.

Restricted turns put in towards the inner track, allowing the vehicle to drift around the corner. This is for more advanced competitors as it takes a lot of controlling with the steering, brake as well as throttle.

– Approach the turn slowly and take out fast. When nearing the turn, relieve off the accelerator, letting the car slow down to some speed thats easier to steer. Resume speed as you get to the apex from the turn.

Racing attitudes – Assess your speed and agility every time. Pay attention to how you carried out each time and determine how you can enhance them. Did the outlines you take enhance your times? Did you accelerate smoothly or have you race within bursts? This will take patience on your part, but will pay off in the long run

– Finally, although it is really a race, develop the attitude of working on improving your method, rather than beating other drivers time. Concentrating on being faster than the additional guy removes your concentration on what you need to perform right. Remember that you’re running at rates of speed around and also over 100 mph. Small mistakes can make for giant accidents.

With these racing suggestions, you can be on the right path to sports vehicle racing along with satisfaction as well as in safety.

What Owning Your First Car Teaches You

bigstock-Young-pan-asian-teen-holding-h-32419823-e1365954297994-588x400.jpg

There are lots of things in life that we can put down as learning experiences, some of them are almost rites that we have to pass through in order to reach or potential as adults. One such experience or rite is gaining ownership of our very first motor car. Getting a car marks a transition in our lives, it is the point at which we really gain our independence. No longer are we reliant on our parents to ferry us around to where we need to be, we have our own means of getting there, and more importantly getting ourselves home again.

But other than the freedom of independence owning a car also brings with it a new element of responsibility that we have never experienced before. We have to learn about the perils and pitfalls of responsible ownership and just what it costs. Something else you will come to realize pretty quickly is that your friends will never look at you in the same light again.

More Friends Than Ever-

Having access to your own car quite simply means that you can take you friends where they need to go. You are more likely to be invited out to events than you ever were, and people that you only previously said hello to in passing may just want to become your new best friends. What you represent to them is opportunity. You will love the popularity that your car brings you, and your friends will love the fact that it won’t cost them more than the occasional coffee or a token gesture towards petrol money to keep them in your good books.

Of course you may end up with the sense that you are being used and they are only putting up with you because you have a car, and if you can live with that, then fine, but if you can’t you had better keep a calm head on your shoulders and put some effort into discovering which of your friends value you for your friendship and not your transport.

Money Drain-

There is no denying that owning a car is a drain on your finances. You may very well have the mode of transportation that you have always wanted, you just may not be able to take it to all of the places that you wanted because you don’t have money for fuel. There is much more to the financial aspects of owning a running a car than just keeping it topped up with fuel. You will soon find out the reason why people moan about the cost of car repairs, and come to understand what is meant by the sense of dread they experience when the mechanic takes in a long intake of breath before speaking about the problems he has found with your car. There is more to running and maintaining a car than just setting aside money for fuel every month, you are also going to have to set aside some emergency repair money too.