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Tips for car owners in rising fuel prices

Printed From: The Equity Desk
Category: Personal Finance & Lifestyle-Strategies & problems
Forum Name: Personal Finance - Startegies
Forum Discription: Discuss startegies for tax planning, insurance coverage, Retirement planning, Home loans car purchases or any thing that affects personal finance.
URL: http://www.theequitydesk.com/forum/forum_posts.asp?TID=1821
Printed Date: 04/May/2025 at 11:32pm


Topic: Tips for car owners in rising fuel prices
Posted By: omshivaya
Subject: Tips for car owners in rising fuel prices
Date Posted: 17/Jun/2008 at 9:55pm
Though I dont own a car myself, here are some tips for the car owners!! Cheers!
 
The rising price of oil is one of the biggest stories in the world today; causing havoc with inflation figures as well as personal budgets. It's unlikely we will see prices below $100 per barrel soon and there is even talk of $200 in case of a major instability in the Middle East.

Inevitably this has led to hikes in fuel prices in India and may lead to more hikes in the future. So what is the average driver to do? Here are some simple tips for reducing your fuel costs and helping the environment in the bargain.

Maintaining your car

The first step is to remove all the junk that has no doubt accumulated in your car over the years. The heavier your car is, the more fuel it consumes. Even 50 kg of extra baggage can reduce your fuel economy by 2 per cent.

Maintaining your engine is also important. A bad engine could reduce your mileage by as much as 20 per cent. Check your spark plugs and make sure your air filters are clean. Change your engine oil regularly using the correct grade of oil.

Keeping your tyre pressure at the correct level is important too. If your air pressure is too low your tyres will generate more resistance meaning your car engine will have to work harder and use more fuel in the bargain.

  • http://www.rediff.com/getahead/2008/jun/09pdz.htm - How to cut costs: Yap less, eat less

Keeping the right air pressure will also ensure a smoother, safer ride and prolong the life of your tyres.

Improve your driving habits

Avoid driving too fast; instead stay at a moderate speed even when on the highway; for example driving at 90 km/h instead of 110 km/h will reduce fuel consumption by about 25 per cent.

It's also best to maintain a steady speed instead of sudden starts and stops. When you do need to accelerate do it in a gradual manner. This is also a safer method of driving and will create less wear and tear of your car.

Adjust your gears appropriately: driving at a lower gear than necessary will increase your fuel consumption. You should also avoid driving with your foot on the clutch since that also consumes fuel. Use the clutch only when you have to change gear.

When you approach a traffic signal slow down gradually and similarly when the light turns green you should accelerate gradually. Turning off your engine at a long traffic stop will also save fuel.

  • http://www.rediff.com/getahead/2008/jun/11money.htm - How you can get good returns in bad times

See if you can find ways of reducing the AC; for example it probably makes sense to switch the AC off when you are about to reach your destination. However when you are driving at a high speed, for example on a highway, it's probably better to keep the AC on rather than your windows open since the latter will seriously reduce your car's aerodynamic efficiency.

Driving less

While this may sound obvious there are a lot of ways you can probably figure out to reduce the amount of driving you do.

For example it makes sense to combine a series of small trips into one longer trip to reduce your fuel consumption. Or you might be able to find a few friends with whom you can take turns driving to the office.

Finally better trip planning may also help you reduce the length of your trips. Take help of new technology like Google Maps and GPS navigation which may prove useful. And don't forget the good old ways of using public transport or just walking to a nearby destination.

Conclusion

Fuel is getting more expensive and likely to stay that way for a long time. Fortunately there are a number of simple steps -- like a few stated above -- to make that one litre of fuel go longer and to make sure your wallet isn't hurt too much.

 
Source: http://www.rediff.com/getahead/2008/jun/17petrol.htm - REDIFF


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The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it



Replies:
Posted By: kulman
Date Posted: 17/Jun/2008 at 10:11pm
One more way.........




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Life can only be understood backwards—but it must be lived forwards


Posted By: SORUB
Date Posted: 17/Jun/2008 at 8:11am
gas conversion is good option!

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K.I.S.S(keep it simple silly) is the most easy management formula i ever came across!!! but it is very hard to follow!!!


Posted By: CHINKI
Date Posted: 17/Jun/2008 at 9:48am
Gas conversion will basically helps in reducing the emission hence the pollution.

Unless the provision for gas running has been done by the manufacturer, keeping LPG cylinder at the backside of the vehicle is very dangerous.

I still remember two things during my initial days at BPCL:

1) Every second day (during 1990), there used to be an accident with LPG cylinder in one of the homes at Pune. During those days comparatively, Pune had more LPG customers.

2) I have seen a Maruti Van with LPG cylinder suddenly catching fire. We had an opportunity to see a burning vehicle moving from a 7th floor builder on M.G.Road at Banglore.

Hence converting to LPG from safety is not recommended. The fuel tanks in all the vehicles are designed in such a way that, unless the vehicle gets toppled, fuel will never leak and vehilce will not explode even under direct collision, irrespective of the intensity.

Imagine what will happen, if you have cylinder at the back and by mistake a vehicle collides from the back??

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TOUGH TIMES NEVER LAST, BUT TOUGH PEOPLE DO


Posted By: basant
Date Posted: 17/Jun/2008 at 9:51am
Oh! I have used many taxis with LPG at the back. I am lucky  to be still writing this post. Ok why don't people get what is recommended? Is LPG cheap and hence the reluctance to migrate?


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'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in


Posted By: smartcat
Date Posted: 18/Jun/2008 at 12:47pm
On highways, driving at a steady 2000 RPM in the fifth gear gives the best mileage. Depending on the car, fuel and the engine size, you will be doing between 70 - 90 kmph at 2000 RPM.
 
The biggest myth is that driving fast (120 kmph & above) will get you to your destination very quickly. On a 8 hour journey on a typical Indian highway, the "fast driver" will only arrive around 30 minutes earlier than a "steady driver". 30 minutes in an eight hour journey is simply not worth the risk and the higher fuel consumption.
 
The best way to drive on Indian highways and save fuel is to anticipate what the traffic ahead of us will be doing and adjust the gear/speed accordingly. A steady driver who does not cross 90 kmph can still keep up with a maniac who drives at 140 kmph if he drives smoothly and brakes less.
 
LPG is safe if the conversion is done at the authorized dealer. It is only unsafe if you lug around your home gas cylinder in your boot. Proper automotive cyclinders are impact resistant - so they won't blow up on  impacts.
 
But if a bus hits you from behind at high speeds, you are going to die anyway - LPG or no LPG.


Posted By: CHINKI
Date Posted: 18/Jun/2008 at 1:10pm
Smartcat absolutely right.

Regarding bus hitting from the back at high speed, if a cylinder is there, then it will explode. So vehicle will catch fire. So less chances of survival.

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TOUGH TIMES NEVER LAST, BUT TOUGH PEOPLE DO


Posted By: kulman
Date Posted: 18/Jun/2008 at 1:23pm
Hmmmm...Ermm...so gas at the backside creates problems whether in a car or...

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Life can only be understood backwards—but it must be lived forwards


Posted By: smartcat
Date Posted: 18/Jun/2008 at 1:30pm
I always liked the way cars explode in movies after it rolls down a hill.
 
By the way, another positive of using LPG is - you can prepare hot coffee or tea when you are stuck in traffic.
 


Posted By: omshivaya
Date Posted: 18/Jun/2008 at 2:40pm
Wow, TED is full of innovative ideas isnt it? He He He

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The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it


Posted By: CHINKI
Date Posted: 18/Jun/2008 at 2:56pm
Originally posted by smartcat

another positive of using LPG is - you can prepare hot coffee or tea when you are stuck in traffic.
Arere, smartcatji, mai bhol raho hoon ki to carry LPG cylinder at the back of your vehicle is very dangerous and you are thinking of making coffee/tea.

Kya bholega. Aisa na ho jay coffee/tea banathe, kud roast ho jaye

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TOUGH TIMES NEVER LAST, BUT TOUGH PEOPLE DO



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