Money Saving Ideas and Tips

Money Saving Zone

Everyday Money Saving Tips and Ideas for UK readers

Save Money On Petrol

How to Save Money on Petrol

Believe it or not, the price of fuel is slowly climbing - even during this economic downturn! It’s probably a good time to save money on petrol as some service station prices have jumped by as much as 20%! You could start to compare fuel prices from different sources but first you’ll need to get to grips with a few other ideas.

A little while back, we ran a small article on the cheapest petrol price where we recommended filling up on a Friday. This time we’re going to look at few more ideas.

The reason petrol prices are climbing is simple: demand and supply. There is still a high demand for crude oil yet some of the largest suppliers have been reducing output to maintain their profits.

Ten tips to save money on petrol

Before you rush out to scrap your 4×4 and buy an ultra-ecomonical car, take a look at some of the simple ideas you can use to cut down on the price of filling up your car.

How much fuel does your car use?

Do you know? Here’s a simple guide to calculate your fuel consumption:

  • Fill up your car - right to brim (but mind your shoes!)
  • Next, reset your trip to 0.
  • Drive your car until it’s on empty and then refill
  • Calculate the cost per mile by dividing your trip reading by the price you originally paid to fill up the vehicle

A point to note here; diesel fuel foams when you to fill up you tank so give it a little time to settle then carry on filling until you’re sure the tank is full. This method will give you a real indication of how much furl your car uses which is far more accurate than the figures supplied by manufacturers.

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