9 Best Stories Of 2021 To Help You Save Money On Auto Spending pennyhoarder

In 2021, new and used car costs rose due to computer chip shortages, low inventories and increased demand.

We have also seen gasoline prices rise and rental car prices soar.

You’ve probably felt the financial pinch.

Yet we also came out of this year to learn how to better manage these expenses. Here are our top 2021 stories to help drivers save money on auto expenses.

9 Ways To Save Money On Auto Expenses

Take these tips with you into the New Year.

1. Learn how to buy a car without haggling

For many people, the worst part of the car buying experience is trying to haggle with the seller for a better price. Negotiation is an art that not everyone has mastered.

2. Decide if buying or leasing is right for you.

Rising prices haven’t made car buying favorable for consumers in 2021. But when you need a new set of wheels, you need a new set of wheels.

3. Negotiate the best deal for your car rental

Just because you might only have your vehicle leased for a few years doesn’t mean you shouldn’t be fighting for the best deal possible.

4. Know how to buy a used car without getting ripped off

Used cars are cheaper than buying the latest model, but there is always the worry that you are buying a lemon.

If you are interested in purchasing a used vehicle, heed these seven tips to make sure you get a good car at the best price.

5. Find out how much you can afford to spend on a car.

Cars are a big expense. The last thing you want is to lock yourself into a monthly payment that you can’t afford.

6. Budget for maintenance and repairs

Your monthly car payment may be your biggest auto expense, but it’s not the only thing you should budget for. All vehicles require regular maintenance and you should also prepare for future repairs as your vehicle ages.

7. Consider alternatives to expensive rental cars

Enjoy your vacation without worrying about all the extra costs. Instead of booking an expensive rental car when you are away from home, there are other alternatives.

8. Use these tips to save money on gasoline

You can reduce the amount of money you spend on gasoline by being selective about where you refuel, how you pay, and when you go to the gas station. The way you drive and the condition of your car can even affect your gas expenses.

9. Sign up for one of these fuel rewards programs

Joining a fuel rewards program is just one way to save money on gasoline. But with so many programs available, it can be difficult to know which one offers the best deal.

Nicole Dow is a senior screenwriter at The Penny Hoarder.

This was originally posted on The Penny Hoarder, a personal finance website that empowers millions of readers nationwide to make smart decisions with their money with inspirational, practical tips and resources on how to earn, save and manage money.

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