January 17th, 2007 in Money

20 ways to waste money on your car

MSN posted an article called “20 ways you waste money on your car.” The article points out the most common ways that people lose money when maintaining the upkeep of their cars. The following are my favorite two tips:

Premium gas instead of regular. Buy the cheapest gasoline that doesn’t make your car engine knock. All octane does is prevent knock; a grade higher than the maker of your car recommends is not a “treat.”

3,000-mile oil changes.Manufacturers typically suggest 5,000 miles, 7,500 miles or even longer intervals between oil changes (many car markers now include oil-life monitors that tell you when the oil is dirty — sometimes as long as 15,000 miles.) There may be two recommendations for oil-change intervals: one for normal driving and one for hard use. If you live in a cold climate, take mostly very short trips, tow a trailer or have a high-revving, high-performance engine, use the more aggressive schedule. If you seldom drive your car, go by the calendar rather than your odometer. Twice a year changes are the minimum.

Have any of you successfully implemented any of the tips suggested by MSN? Let us know what works and what doesn’t.

20 ways to waste money on your car – [moneycentral.msn.com]

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KylePott

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4 Responses

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    • David says on January 17th, 2007 at 9:13 am

      For some reason this link does not work. Great looking idea for an article, though!

    • Leon says on January 17th, 2007 at 9:20 am

      @David, the link is fixed. Enjoy the article!

    • Andrew Flusche says on January 17th, 2007 at 10:41 am

      You’ve got to be vigilant about those oil changes. My uncle didn’t change his oil for SEVEN YEARS. We overhauled his truck and found grass, trash, nuts, bolts, etc in his ENGINE. Pretty gross.

    • Kaycee Howard says on January 17th, 2007 at 11:33 am

      What a lot of people misunderstand about gasoline, is that higher octane is going to make their car run better. Here is what is key… run what your car tells you to run. If its 89, great, run that, 87 will make your car work like crap, and 92 is useless waste of money.

      Don’t run lower than suggested, and don’t run higher either. Ones a waste of money, one will hurt your car. Just run what they say, simple and easy.

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