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Archive for July, 2006


Motoring Tips - 10 Ways to Reduce the Cost of Driving

The cost of motoring has risen significantly in recent years, particularly with the rapid rise of petrol prices. There are however a number of ways in which you can reduce the cost of motoring. Try following our Top 10 Tips below and you could be driving further for less.

  1. Get the best deal on petrol prices. The price of petrol can vary by as much as 10p a litre in local areas. PetrolPrices.com is a free service allowing people to search for the cheapest petrol in their area. They review 8,000 prices daily to ensure that their information is as up-to-date as possible.
  2. Drive in the highest gear. Driving at high speeds in low gears can result in 45% more fuel being consumed than needed.
  3. Keep your tyres pumped up to the correct level. Fuel economy can be improved by up to 5% by keeping your tyres inflated to the correct level. The recommended pressure for your tyres can be found in your vehicle handbook and, in some cases, next to the air device at petrol stations.
  4. Don’t drive erratically. Constantly accelerating and braking consumes more fuel than smoother driving. Look ahead to anticipate potential road blockages which will reduce the need for sudden breaking. For peak efficiency don’t push the accelerator down further than one-quarter of the total foot travel.
  5. Save money on car insurance. Internet comparison sites, such as Confused.com, are an excellent way to find the cheapest quote. Car insurance quotes can vary by hundreds of pounds so huge savings can be made.
  6. Find cheaper parking. Many people now rent out their driveway or garage to commuters on a long-term basis. YourParkingSpace.co.uk is a site where cheaper long-term parking can be found.
  7. Don’t overuse the air conditioning or heater. Overheating the car and then having to open the windows is a waste of energy and lowers your fuel economy.
  8. Avoid short journeys. Driving short distances is significantly less fuel efficient than longer journeys. For example, every time your car engine is turned on it is equivalent to idling your engine for one minute. Instead set time aside to walk short distances.
  9. Share a journey. Sharing a lift into work with one other person slashes your fuel bill by half by allowing you to share the cost of driving. Liftshare.org has over 130,000 members and provides a way of finding someone traveling in your direction.
  10. Close your windows. Having windows open at high speeds creates significant drag meaning that more fuel is used. Even if closing your windows means the air conditioning is required it is still more fuel efficient.

For information about long-term parking visit http://www.yourparkingspace.co.uk/, where you can earn money through renting out your private parking space, or find convenient and affordable long-term parking.

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Entertainment and Insurance

People usually don’t expect to hear the words “insurance” and “entertainment” in the same sentence. Insurance is something you need, or wish you had, in the event of an emergency or even a tragedy. For example, you need car insurance when you’re involved in an accident, when your car has been vandalized, and even when your car has been stolen. You need homeowner’s insurance if your house catches fire, your valuables are stolen, or someone is injured on your property. You need health insurance to help pay for any kind of medical attention. And you, rather your family members, need life insurance in the event of your death.

Entertainment, on the other hand, is meant to entertain people; to make them smile, laugh, cry - whatever it takes to make them enjoy themselves. Entertainment isn’t about protecting yourself or anyone else. Entertainment is about making sure people have a good, and safe, time.

So, “insurance” and “entertainment” seem to have absolutely nothing in common, right? Wrong. There are many forms of entertainment out there that may make you and your family members wish you had some form of insurance.

Take stunt performers for example. These are the people who step in during television shows and big screen movies to perform the stunt scenes, i.e., the dangerous actions that most actors and actresses aren’t trained to perform, or would simply rather not perform. Stunt performers are also the clowns and lion tamers and tight rope walkers who provide you with entertainment at circuses around the world. Stunt performers are trained professionals who can usually pull of a stunt with what looks like amazing ease and grace; however, accidents do happen. Stunt performances can turn dangerous, causing injuries and sometimes even death. In the event injuries or death occur it’s reassuring to know that some kind of insurance, whether it’s health or life, is there when you and your family members need it.

Find Affordable car Insurance Companies

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Shopping For A Car

For many people, a car is the second largest purchase they make, the most expensive is usually the home. We offer the following tips for shopping for a car:

Get Your Records Straight - One of the first steps in financing a car is to get a grip on your credit rating. Unless you intend to pay cash, you will have no secrets from the car dealership, finance company or auto insurer. A poor credit history can result in a higher interest rate or even loan disqualification. Also, bad marks on your credit could flag you as an insurance risk, translating into higher premiums.

There are numerous resources available to help understand and manage car financing. The more knowledge you have about your credit, you can determine if your loan will be approved, and at what interest rate, and also catch any glitches that could be making your credit history look worse than it is. Contact the major credit reporting agencies to obtain your credit report and take steps to clean up what is necessary.

Cut Your Premiums Down to Size - Before you buy a car, find out what it will cost to insure it. Get car insurance quotes and calculate your insurance needs on the internet. Each state has different requirements when it comes to auto insurance, and we’ll leave it up to you to learn what your state requires. But every state has some sort of financial responsibility law that says you need to take care of any accidents you might have.

To Buy Or Lease, That Is The Question - When you lease, your paying to use a car. Your payments cover the cost of the vehicle’s depreciation while you drive it, rather than it’s purchase price. If driving a new car is more important to your lifestyle than owning one, leasing is definitely for you. However, if you put a lot of miles on a car every year, it may end up being smarter for you to buy. Consider your personal expectations and financial situation when reviewing the pros and cons of each.

Buying Offers:

A chance to trade in that old clunker

Ownership and equity in the car

Control of your wheels. If you want to add eight speakers or take out the backseat, go ahead, your buying it.

No penalties if you don’t hold up your end of the maintenance agreement, although you will want to service your car to enhance both it’s service to you and your ability to sell it in the future.

No Mileage Limits

Payments base on the value of the car, not it’s depreciation. That might mean higher monthly payments that a lease.

Leasing Offers:

A cost-effective alternative to buying a car every few years

An affordable way to drive a car that you may not be able to afford to buy. Monthly lease payments are generally less than financing payments.

A maintenance contract that requires that you keep your car in good shape and not make any alterations to it.

A factory warranty that almost always covers the car for your entire lease, so major maintenance isn’t your financial responsibility.

Annual mileage limits (about 12,000 to 15,000) with significant penalties if you put more miles on it than the lease stipulates. Usually a flat charge and a charge per each mile over the limits.

Payments that may be income tax deductible if you’re leasing the car for business - Ask a Tax Advisor for Details.

Penalties if you terminate the lease earlier than agreed - changes may vary.

http://www.autoliquidaters.com - automotive resource for buying cars cheap and at auction prices.

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