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How to Cope with Rising Fuel Prices

  • 04 Apr, 2022
How to Cope with Rising Fuel Prices

As you’re all probably aware, fuel prices are currently skyrocketing, but how exactly do we adapt, change and overcome this?

Commentators say that fuel prices will possibly continue to rise in the next coming days, with some petrol stations hitting prices as high as £2 per litre.

It can be daunting, especially if you’re a new driver who’s just passed their test, already dreading having to cover the costs for tax and insurance.

Don’t worry, though! Our team have collectively put together some tips to help you feel more comfortable about the situation.

Drive More Efficiently

Driving efficiently is a great way to save money on your fuel costs.

Not only does driving efficiently save you bucket loads of money on fuel each year (especially if you have an eco-friendly car), but it also helps to prevent wear and tear on your vehicle and improves road safety.

Driving 10mph over your average speed can cause an increase in fuel consumption by up to 25%.

Check Your Tyres

Surprisingly, having an incorrect tyre pressure level can have a huge impact on your fuel consumption.

The lower your tyre pressure is, the more fuel your care will have to use to drag them along.

It’s a good idea to check your tyre pressure regularly to avoid using any unnecessary fuel!

Empty Your Car

If you’re carrying any unnecessary luggage, you’ll want to have a clear out.

The heavier your car is, the more fuel you’re going to use transporting everything (and everyone) around.

Similarly, anything attached to your cars such as bike racks and canoes might be better in storage if they’re not ever being used much.

Is It Worth the Drive?

Experts say that they expect the mileage to drop by 35% in the UK by the end of 2022. Reconsider if that 5-minute walk to the shop is worth the 30-second drive.

You may not think it, but making small journeys every so often, really does add up the fuel consumption, and therefore the increase in the cost of your vehicle.

Some people may find this difficult due to where they live or work, but there are companies and other people who can help with this.

Look into sharing a lift with a colleague, taking it in turns, or get your shopping delivered to your house, for a cheaper price than it would be to go to the supermarket.

Use Real-Time Road Maps

Being stuck in traffic on your way to work can annoyingly eat up your fuel, more than you’d imagine.

Luckily, there are maps such as Waze that tell you exactly when and where traffic accidents are and offers you all of the best possible alternative options for routes. Technology nowadays, huh?

Many advantages come with using these coming of age apps, including fewer road accidents, they’re more time-efficient, and also fuel-efficient!

Budget!

Take some time out of your day, to analyse your bank statements and where you’re spending most of your money.

You might not want to, but making coffee in a flask to take to work with you rather than buying coffee from overpriced big chains can save you some big bucks.

Putting some extra cash away every week or month will be handy to help you cover any extortionate fuel prices you may come across.

Reconsider Your Choice of Engine

If you’re struggling to keep up with the consistent rise in fuel prices, you may want to look into engine alternatives such as a hybrid or fully electric vehicle.

Read our other blog post here to gain insight into which engine will be best for you!

Interested? Take a look at our extensive stock list to buy your next car with crypto today!

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