As seen on Channel Seven News
Read MoreVIDEO: A story I reported for Seven News & Today Tonight. With five different petrol 'flavours' on offer: e10, e85, plus 91-, 95-, and 98-octane petrol, and diesel, is it any wonder consumers are confused? We tested the economies on national TVRead More
Capitalizing on downward swings in petrol price is simple - but only if you refuel smarter
This post is about petrol price and how to drive so you can re-fuel more often when petrol prices are comparatively low, thereby saving money.
Petrol price fluctuations
Petrol price fluctuations at the service station are inevitable and unpredictable – but there is a very simple driving and refueling strategy that will allow you to save whenever the petrol price drops. It’s an easy, no-compromise way for any driver to cut the cost of motoring.
You can cut your fuel consumption by 10 per cent (or more) just by planning your trips better.
THE PROBLEM
Most people don’t plan their transport too well – either in business or in their domestic lives. This means they use their cars inefficiently – in other words they end up driving too far, too often, which wastes fuel and therefore money.
This means you can cut your fuel consumption just by planning ahead. It’s easy to cut your fuel consumption like this, but you do have to make an effort.
THE RESULT
For an average driver, spending $50-$100 a week on fuel, cutting your fuel consumption in this way will save you $250-$500 annually.
Degree of difficulty? A politician could do it. (Except they are generally disinclined to cut their fuel consumption because taxpayers fund much of their transport expenditure…)
HOW TO CUT YOUR FUEL CONSUMPTION
Cutting your fuel consumption in this way involves doing two things:
First, you cut your fuel consumption by doing
Potential Saving: $800 Annually - Just by Driving Differently
Cutting your car's fuel consumption costs nothing. Cutting fuel consumption could save you – effectively – about 30 cents per litre on petrol, at the time of writing. If you reduce your fuel consumption to a reasonable extent, you could save up to $800 annually. All you need to do to reduce fuel consumption is modify your driving behaviour.
Here's the detail on cutting your fuel bill by changing how you drive: