7 Smart Ways to Cut Car Costs in 2021 | Personal finance

Even old drivers could raise enough cash to help you make a few payments on your remaining car. There are also easier than ever ways to sell used cars, such as:

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4. Downsizing to a cheaper car

You may have spent too much at the dealer and now regret having to pay for the top of the line model with all these options and features. The quickest way to switch is to deposit – and now there are new online retailers like Carvana, Shift and Vroom to help you with that. But selling your car to a private party can win some great extras. Then you can buy a reliable three year old car that will save you money and suit your needs.

5. Save money on maintenance and repairs

The best way to save money on car repairs is to be vigilant with routine maintenance. Refer to your owner’s manual – many of which are now online – for exactly what to do and when. In the event of a repair, find a trusted mechanic and ask what should be done immediately. Some repairs can be postponed to spread the cost over time.

6. Increase your gas mileage

If you have a large truck or SUV, a full tank of fuel can easily cost $ 75. Driving smarter and following a few simple tips turns a weekly gas station visit every two weeks or maybe longer. Spoiler alert: The biggest gas guzzlers are fast acceleration and high travel speeds.

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