toy car and coin pouch from using money saving tips for car owners

Top 7 Money-Saving Tips For Car Owners In 2024 

Calling all car owners: you can save money on your vehicle in 2024! That's right; with a few top tips and tricks, you can save a surprising amount of cash this year without selling your car. And we're divulging said tips and tricks in the following seven sections.

Keep reading how to save money with your car in 2024.

7 Ways To Save Money For Car Owners In 2024

1. Drive More Efficiently

Unbeknownst to popular belief, driving efficiently doesn't mean driving slowly; it simply means driving smoothly. The latter is better for fuel consumption and helps you save money from constant tank refills.

Typically, cars offer the best economy at roughly 45mph to 55mph. Traveling too slow (on a road where it's legal and safe to go faster) or too fast can be detrimental to efficiency. To maximize it, time gear changes appropriately, don't rev madly when accelerating, and avoid harsh braking by anticipating traffic conditions. Allow natural slowing, when possible, for best results.

2. Don't Over Pack Your Vehicle

While it isn't always possible, your car uses more fuel when fully packed. Therefore, lightening your loads can be the difference between spending and saving dollars.

Think of it this way: running with a heavy backpack makes it harder to reach higher speeds. The same can be said for your car.

Of course, reducing the weight when going on a road trip isn't always possible. However, removing your roof rack for everyday use can give you a better miles-per-gallon reading.

toy car with cash on top from using money saving tips in 2024

3. Allow Advertisements On Your Car

Car owners can make a couple of hundred dollars monthly by letting advertisers use their vehicles as portable billboards. Granted, there are better ideas than this for those who genuinely love the aesthetics of their vehicles, but if you are okay with it, it can be a great income supplement. Many companies do this, and you have complete control over which adverts are displayed.

4. Follow Proper Car Maintenance Practices

Healthy cars are happy cars. So, regular servicing and maintenance help your car work efficiently for you. Combine that with your new efficiently minded driving practices, and you're set to reap the saving rewards.

On top of that, proper maintenance can help spot potential problems, ensuring you can get it fixed before it worsens and becomes more expensive.

5. Find Cheap Garages

The difference between the lowest and most expensive fuel prices can be as high as 10%. So, finding the former is worth your while. You can use a comparison tool to find the most cost-effective garages in your location. Stay within a reasonable distance for fuel; that would defeat the purpose.

6. Switch To Electric

Electric vehicles cost less than traditional ones, mainly if you charge them at home. While the switch might be expensive initially, it pays for itself in the long run.

woman got cash title pawn online from Georgia Auto Pawn, Inc.

7. Know You Can Use Your Car's Title For Emergency Money

Last, you can use your vehicle's title to borrow up to $15,000 from us at Georgia Auto Pawn, Inc.! Of course, you should only do this when you need the money (i.e., for an emergency like home repairs, vet bills, or medical bills), as there is no point pawning your title if you don't have a solid reason — you'll only end up paying it back anyway.

Generally speaking, emergency funding tends to come with relatively lengthy approval processes, but our auto pawns are different. All it takes is these seven steps:

  1. Contact your nearest Georgia Auto Pawn, Inc. store via phone or use our online inquiry form to send your details to the location of your choice.
  2. We'll give you a call to discuss the requirements (e.g., driver's license, lien-free vehicle title, and vehicle) and confirm your information. Please don't hesitate to ask any questions at this stage. We would like you to know about the process before proceeding.
  3. Meet at your nearest Georgia Auto Pawn, Inc. store or a more convenient location.
  4. Regardless of where you meet, bring the required items for us to evaluate. We'll determine whether you qualify for a title pawn.
  5. We'll outline how much you can borrow if you qualify. 
  6. If you're happy, sign the paperwork.
  7. Finally, you'll receive the money you qualify for in two business days.

Get A Title Pawn From Georgia Auto Pawn, Inc. Now!

You can save money on your car in 2024 by driving more efficiently, not overfilling your vehicle, allowing adverts, following proper car maintenance processes, selecting cheap garages, switching to electric, and understanding how to use your car's title for emergency cash.

To kickstart proceedings, please feel free to give us a call or complete the inquiry form on our website. We'll walk you through everything to get your crisis covered as soon as possible.

 

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.

Emma Frost

Emma Frost is a lifestyle and finance blogger with a talent for communication and a passion for financial literacy. She uses her writing talents to explore topics that help her readers gain financial stability and growth.