Top 5 Money-Saving Tips For Your Car


Your car is one of your most valuable possessions. You use it almost every day. But if you're intimidated by any maintenance that goes beyond filling the tank and getting the car washed, you're asking for a future of unnecessary and costly repair bills.

Know Your Car's Maintenance Schedule

Regularly taking care of the little things can help you avoid big, expensive problems down the line. Knowing your maintenance schedule will also prevent you from performing unnecessary repairs. For example, the oft-cited 3,000-mile mark may actually be too frequent for many people to get oil changes.

Find A Trustworthy Mechanic

In her book, "Buying a Car for Dummies" (1998), Deanna Sclar recommends finding a good mechanic before you need one. Test the shop's services on a small job to get an idea of whether you can trust them with the inevitable large jobs. Asking for recommendations from people who take good care of their cars is a great way to find a repair shop.

Check Your Fluid Levels

Even if you barely understand anything about how cars work, you can easily learn how to check and replenish your car's fluid levels yourself. Most of these items are readily accessible under the hood. According to "Auto Upkeep: Basic Car Care" (2003) by Michael E. Gray, these are the most common fluids car owners need to check:

  • Engine oil
  • Transmission fluid
  • Coolant
  • Brake fluid
  • Clutch fluid (for manual transmissions)
  • Windshield washer fluid
  • Differential fluid
  • Power steering fluid
  • Battery electrolytes

Keep Your Tires Inflated

An under-inflated tire can cause a blowout, meaning that in a best-case scenario, you have to buy a new tire sooner than usual, and in a worst-case scenario, you can cause an accident resulting in thousands of dollars of damage to your vehicle and others. Properly inflated tires also save you money by improving your gas mileage.

Invest In An OBD-II Reader

This handy electronic device is easy to operate and can pay for itself in just one or two uses. For less than $100, it will allow you to read the codes produced by your car's electronic on-board diagnostic system, if your car's model year is 1996 or later. This means that when your check engine light goes on, you can find out what's wrong and how serious the problem is without having to take your car to the mechanic.


This isn't an exhaustive guide to maintaining your car, but learning how to take these simple precautions will help you save money by keeping your car running smoothly and avoiding unnecessary repairs. Perhaps they'll even give you the confidence to delve deeper into understanding how your car works.
Related Articles
  1. Personal Finance

    The Ten Commandments of Personal Finance

    Here are the simple financial Ten Commandments that, when faithfully followed, can lead to a secure economic future.
  2. Professionals

    Project Manager: Career Path & Qualifications

    Learn more about what project managers job, the qualifications necessary for the position and the most common careers for these professionals.
  3. Financial Advisors

    Paying for College: Top Ways to Budget and Save

    Saving for your kids' college education can be complex and expensive. Here are some popular vehicles that help perpetuate college funds.
  4. Retirement

    Suddenly Pushed into Retirement, How to Handle the Transition

    Adjusting to retirement can be challenging, but when it happens unexpectedly it can be downright difficult. Thankfully there are ways to successfully transition.
  5. Savings

    How Parents Can Help Adult Children Buy a Home

    Owning a home isn't easy thanks to stringent lending standards. Thankfully, there's ways parents can help their kids buy a home.
  6. Personal Finance

    How Tech Can Help with 3 Behavioral Finance Biases

    Even if you’re a finance or statistics expert, you’re not immune to common decision-making mistakes that can negatively impact your finances.
  7. Retirement

    4 Ways to Boost the Amount You Save for Retirement

    Retirement can easily last more than twenty years, which means you have to save a lot. Thankfully, there are ways to enhance the amount you put away.
  8. Credit & Loans

    Adjustable Rate Mortgage: What Happens When Interest Rates Go Up

    Adjustable rate mortgages can save borrowers money, but they can't go into it blind. In order to benefit from an ARM, you have to understand how it works.
  9. Retirement

    How to Stretch Your Retirement Savings

    What does "nest egg" mean for your personal situation? Will you deplete it, or will you nurture it to generate income that lasts throughout retirement?
  10. Savings

    These 10 Habits Will Help You Reach Financial Freedom

    Learn 10 key habits for achieving financial freedom, including smart budgeting, staying abreast of new tax deductions and the importance of proper maintenance.

You May Also Like

Trading Center