If you’re looking for a new car, always keep fuel economy in mind to cut the cost of your daily commute. A small difference in fuel consumption can easily balloon your transportation costs, especially now that the average fuel price has gone up to $2.94, compared to $2.44 last summer. As it is, it is more practical to check out fuel-efficient vehicles. However, assessing fuel economy is not as simple as comparing MPGs (miles per gallon). Here are other fuel economy tips to consider when buying a new car:
Know exactly what you need – A car’s fuel economy can easily be affected by your driving habits. Even if a sub-compact car’s four-cylinder engine can get you up to a desirable 32MPG, it doesn’t mean you’ll be getting it. If your car will always be loaded with passengers or heavy equipment, a small engine may be underpowered for the added weight, forcing you to step harder on the gas to compensate. You could end up burning more fuel compared to a larger vehicle that meets your specific needs. Be wise when you shop for cars by knowing exactly what you’ll use the car for.
Compare the price of the vehicle to the projected savings on fuel economy – Some people assume that buying a pricier car with better mileage is always “cheaper” in the end. This assumption doesn’t always hold true, as it will take longer for you to recoup your savings when buying expensive vehicles. If you don’t keep your car long enough, you will end up spending more. If you want to be sure that you’re saving money, be diligent and crunch the numbers.
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