Many people are feeling the squeeze right now with everything getting more expensive and it is predicted that things will only get worse in winter. It is understandable that people are looking for ways to make savings right now and you will find that motoring is a soaring expense but also one where you can make savings.

Driving Costs on the Rise

Running a car has never been cheap, but in the current climate, it is putting a great strain on the finances of many people. In addition to the worrying cost of fuel, motorists are also having to face rising insurance costs, high servicing prices and the rising cost of new cars to go along with everything else in life becoming more expensive. So, what can you do to save money on motoring and improve your finances?

Consider Leasing

One good option is to sell your current car and take out a lease instead. Leasing can be a more affordable option than buying, plus you do not have to worry about depreciation seeing you take a financial hit as you simply return the keys at the end of the agreement. Additionally, leasing allows you to consolidate your costs and this can make it easier to calculate and factor into your monthly budget.

Fill Up at the Supermarket

The cost of fuel has reached eye-watering levels, but it is an essential cost for those that drive. You might find that it is slightly cheaper to fit up at supermarkets (and generally anywhere other than the motorways) and could make a big difference over the course of a year. Be sure to plan in advance where you will fill up from and try to use supermarkets if possible.

Buy Economical Tyres

If you need a new set of tyres, it might be tempting to go for the cheapest set you can find, but this could cost you more in the long run. Instead, you should invest in economical tyres as these will make the car more energy efficient and could improve fuel economy by around 2.5mpg. 

Haggle for Car Insurance

Car insurance is another essential and major cost, but there is always wiggle room. Instead of accepting your renewal quote, try shopping around and phone them up to see if they can offer you a better deal. You can also lower your insurance by increasing your excess, reducing your annual mileage or purchasing black box insurance. 

This post should give you a few ideas and hopefully help you to make savings on your motoring costs. Many people are looking for ways to save money right now and driving is an area of life where you can always make savings, which is helpful in a time when the cost of fuel and just about everything else is soaring.