To compile our list of ways to reduce the cost of owning a car, we consulted consumer advocates, car experts and auto industry insiders to get their take on the simplest, most effective and most-overlooked strategies for saving money.
Check out the list carefully and let me know if the article is helpful to you !

1. Find a reliable mechanic

Find one before you're desperate, that is. Standing on the side of the road isn't the best time to bargain shop for a mechanic; researching to find a garage that specializes in your brand and provides friendly, reliable, honest service takes time, but it pays off in increasing amounts each year.

2 .Subscribe to a recall alerts online

Frequent or widespread recalls should be a warning for anyone considering a purchase. If you already own the car, researching recall history online and signing up for alerts to new ones can keep you on the lookout for potential problems. "It's just about keeping in the know," says Colleen Mylott of BrandAdvice.com. "All of this is about learning as much about your car as you can."

3. Use the Internet

Even if you're not looking to buy a new car right now, the Web is the best tool available for learning about recalls, reliability ratings, insurance rates, financing options and do it yourself maintenance projects.

4. Learn simple maintenance

Changing light bulbs, maintaining tire pressure and changing oil can all be done with minimal knowledge of cars. For example, the proper tire pressure is listed on the driver's side doorjamb and in the owner's manual. If the tires are inflated properly, you're going to get better gas mileage. "It can cost you a mile per gallon if you're running tires that are underinflated too much," says Jim Travers, the associate auto editor at Consumer Reports.

5. Carpool

Carpooling significantly reduces the miles you put on your car each year, minimizing the amount you pay for gas and maximizing the time between tire changes and other maintenance projects.

6. Know your insurance agreement

Take full advantage of what your insurance will cover. Also, review your insurance plan periodically to assess whether it fits your current vehicle in age and usage. Roadside-assistance availability may or may not be cheaper if purchased separately and the level of damage coverage should be appropriate for the age and value of the car.

7. Avoid erratic driving

Accelerating too quickly and stopping suddenly wears on an engine's inner workings and can gulp gasoline. "Especially in traffic, it's one of those things where I think you do accelerate faster than you need to even though you know you're not going anywhere," Mylott says.

8. Forget the 3,000-mile rule

Most cars don't require an oil change every 3,000 miles, unlike popular belief. Instead, read your owner's manual and adhere to whatever the manufacturer suggests for a proper maintenance interval. Usually it'll recommend an oil change every 5,000 to 10,000 miles.

9. Keep your car longer

Each year you own a car it saves money that would otherwise be spent on the taxes, fees, insurance, financing and initial maintenance of a new car. "Keeping a car five years rather than three dramatically reduces the cost of ownership, and if you keep it longer than that and maintain it, obviously it just continues to snowball," Travers says.

10. Pay off your loan

Pay off your new-car loan as quickly as you can. It'll eliminate interest payments and save you money in the long run.

Also visit 13above to know how to buy a used cars

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Buying a used car can be a minefield. But 13above.com can help you through it.

There are a few simple things to remember and steps to take, that will make the experience easier, and assist you in avoiding being ripped-off.

1. Set your budget

Work out how much you can afford to spend, and don’t forget to include registration, insurance and regular maintenance and running costs. Both for insurance, and if you’re going to get a loan, shop around to get the best rate.

2. Do your research

It's important to have a thorough look at what’s out there before buying a used car. To get an idea of a model’s current market price, spend some time searching our used car ads online or in your local newspaper. Also check out our price guide to help you avoid paying too much.

Be wary if you find a used car where the price is much lower than the market suggests it should be. If you’re determined to take it further, have the car checked thoroughly. If something seems too good to be true, it probably is.

3. Find the right car
Browse cars by body type, make or price to find out which make and model might suit you
Go window shopping by make and model, age, location… and all kinds of other helpful details
Read our expert reviews of the car you’re looking for
Check the latest car news to see if a new model is coming -- which can reduce the price of previous models when it arrives.

4. Contact the seller

And when you do, don’t be afraid to ask lots of questions…

- how long have they had the car
- why are they selling it
- has it ever been damaged
- what condition is it in
- will it meet a RWC
- does it have any `bad habits’

5. Looking at the car

If the seller is a private party rather than a dealer, always go to their home address. Don’t arrange to meet them somewhere. Check that the home address is the same as the one on the registration certificate. Take a printout or copy of the seller’s advertisement with you to check that details like the odometer numbers are accurate.

6. Check the car’s history

No matter how genuine the seller seems, you should check the history of the car to make sure it’s not stolen, encumbered by an outstanding loan, or even a previous write-off. Get the car’s VIN number and check against the databases in the state in which it’s registered. For a small fee (free in some states), this simple step could save you a lot of money and problems.

New South Wales, ACT and Northern Territory

Victoria and Tasmania

Queensland

South Australia

Western Australia


7. Checking the car

Make sure you have a thorough look over the car yourself, and best of all, have an independent mechanic or automotive centre check it out properly on a hoist. It could save you thousands by revealing mechanical problems and previous damage.

- always look at the car in full daylight, never in the dark or in rain that could conceal body marks, dents, rust and other defects
- check under the car, the bonnet and the interior carpet for rust and signs – such as welding marks -- which may show the car has been in a crash
- under the bonnet, look for signs of oil leaks on top of the engine, and underneath. Use the dipstick to check the amount of oil. If the level is low, the owner hasn’t been looking after the car properly
- look around the oil filler cap for a white mayonnaise-like substance - this is an indication of a damaged head gasket which can be very expensive to put right
- take a look at the tyres to make sure they’re in good condition with plenty of tread
- get down in front of each front wheel and look along the length of the car. Both front wheels should be directly in front of the rear ones – if they're not, it could mean the car has been in a crash and ended up with a slightly twisted or `crabbed’ chassis
- check the gaps between the body panels are equal – if they're not, the car could have been refitted badly, or may have been in a crash
- inside the car, make sure the seatbelts work correctly, the steering wheel and dashboard are bolted on correctly, the front seats move properly and all switches work
- start the car with a cold engine, which will make is easier to reveal problems like poor starting or too much smoke.

8. Test drive the car

- before you set off, turn the steering wheel from one lock to the other to make sure there is no screeching, banging, or knocking
- to test the handbrake, pull it on and then try to drive off very gently. It should hold the car back
- listen for strange noises from the engine, and don’t let the seller distract you by talking or turning up the radio
- drive on as many different roads surfaces as possible
- use all the gears, and check the gear change is slick and smooth
- make sure the clutch pedal 'bites' between the top and middle of the pedal's travel

9. Negotiating the price

The price is the price, but there’s often leeway for bargaining.

- Make a list of any faults you found with the car, or any work that might need doing, and calculate how much this could add to the price.
- From this position, negotiate the price with the seller.
- Ask the seller what their best price is, make a lower offer and then say nothing. They can only either turn you down, accept your offer or name another price closer to yours.

10. Paperwork and payment

- Make sure all the paperwork is in order, and that you have original versions (never photocopies) everything … registration papers, service history and logbook
- If you’re making a payment or even just a deposit, get a receipt and make sure the seller’s full details are on it

Visit 13above For More Fun

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