Gas prices are on the rise, and there’s no relief in sight. Here are some ways to save money so you can keep your wallet happy this month.
The how to save money on gas is a blog post that gives 25 proven ways to save money on gas this month.
There’s no escaping the fact that gas is costly. According to the Bureau of Labor Statistics, the average American vehicle owner spent $2,094 on petrol in 2019, which comes out to more than $40 a week.
It’s understandable that most of us desire to cut this cost as much as possible. The good news is that you may save money on petrol in a variety of ways. Here are some of the greatest methods to save money on petrol, from lowering your gasoline costs to driving less in the first place.
Gas stations can help you save money.
The trick to saving money at gas stations is to shop around for the best bargain, then take advantage of the different incentives and cash back offers available. You may utilize any of the nine techniques listed below.
1. Take advantage of gas station rewards programs.
Many gas stations provide reward systems that allow you to accumulate points each time you fill up your tank.
Typically, you’ll either get points that you may redeem for gasoline at a later date or a few cents off per gallon each time you purchase. While the per-gallon reduction isn’t substantial, it may add up to considerable savings over time.
Here are three prominent gas station incentive programs:
- BPme Rewards is a rewards program that works via an app. For the first month, you save $0.05 per gallon. You’ll continue to save $0.05 beyond this introductory period as long as you spend $100 or more each month.
- Plus members who fill up 8 gallons or more three times a month get $0.06 in Exxon Mobil Rewards points per gallon. Per gallon, regular members get $0.03 in points.
- Shell Fuel Rewards offers at least a $0.05 per gallon discount. You may also get discounts at partner shops if you use the card. If you connect your Dunkin’ Donuts Perks card to your Fuel Rewards card, for example, after your fifth drink purchase, you will save $0.10 per gallon.
The wonderful thing about these types of programs is that anybody can join and there is no credit check required.
When selecting a software, don’t simply go with the one that saves you the most money. Make sure to factor in the cost of petrol at the pump as well as how simple it is to get your hands on the brand.
2. Make use of credit cards with rewards.
Using a rewards credit card is another simple method to save money every time you fill up your tank, since many gas stations offer discount cards. Here’s an example of a discount you may be able to receive from a well-known gas company:
- When you use your Shell Credit Card to fill up at participating locations, you’ll get $0.10 off each gallon.
- When you use the Techron Advantage Visa card, you may save up to $0.10 per gallon at Chevron Texaco.
- At eligible BP and Amoco stations, the BP card provides $0.10 discount each gallon.
Each card usually includes an initial deal that offers significant discounts for a limited time. For example, for the first 30 days, BP gives $0.25 off. They may also offer non-fuel advantages that you should think about while selecting a card.
3. Get Free Gas Gift Cards by Earning Free Gift Cards
Another method to save money at the gas station is to utilize survey sites in your free time to collect gas station gift cards.
Filling out surveys like Survey Junkie, Branded Surveys, and Swagbucks earns you points that you can exchange for vouchers after you reach the cash-out maximum. On these sites, doing a survey may pay anything from a few cents to a few dollars.
The greatest part is that anybody can join up, and you can complete surveys anytime you have free time, on your phone or on your computer.
4. Use Apps to Find the Most Affordable Pumps
Even within the same region, gas stations often have minor pricing variations. Finding the cheapest gas stations in your area is a simple method to save money on gasoline.
Apps like Waze and GasBuddy have recently made finding the cheapest gas prices simple.
Users may use GasBuddy to look up the price of petrol in their area. GasBuddy also allows you to search for gas stations in different regions, making it a useful tool for lengthier journeys.
Waze is a traffic and car-sharing app. Its map has a helpful function that displays the cost of gasoline in neighboring places.
5. Earn Money for Gas Purchases
Upside is a mobile app that allows users to earn cash back when they purchase at participating merchants. Several petrol stations, including BP, Shell, and Phillips 66, accept the app for cash back.
The software is very simple to use. Simply download it, join up, and then look for deals in your area. Use a credit or debit card to pay, and the app will give you instructions on how to get your money back. (This usually requires checking in or submitting a receipt.)
Your Upside account is credited with whatever cash back you earn. You may use PayPal credit, a cheque, or digital gift cards to pay out. If you cash out less than $15 and want a PayPal deposit, or less than $50 and request a check, there is a $1 charge.
6. Purchase gasoline early in the week
The day you purchase gasoline may have an impact on the price you pay. GasBuddy (the above-mentioned gasoline comparison tool) examined 150,000 stations throughout the United States and discovered that petrol is usually cheapest on Monday and most costly on Friday.
Be aware that there are variations based on which state you reside in before switching to purchasing petrol on Monday.
In many places, Tuesday is the cheapest day, whereas Wednesday is the cheapest in Hawaii and Sunday is the cheapest in Utah.
While the price difference between days isn’t significant, GasBuddy estimates that individuals who purchase petrol on Friday may save $20 to $30 per year by moving to Monday.
7. Fill up early in the morning or late at night.
The time of day you purchase gas may also have an impact on the price. According to GasBuddy’s data, prices often rise in the afternoon. As a result, buying gas on your way to work on Monday may be the best option.
This assertion is supported by a 2012 Time story. According to the report, gas station managers often monitor rival pricing between the hours of 8 a.m. and 10 p.m., so if gas prices are increasing, you may notice price hikes around noon.
8. Don’t Buy Premium Gas
Premium gas costs $0.60 more than ordinary gas and $0.25 more than midgrade gas, according to the US Energy and Information Administration. This implies that switching to regular is a simple method to save a lot of money.
There is little incentive for most drivers to utilize the more costly gasoline. According to the New York Times, pumping premium gas into an engine that just needs ordinary provides no advantage to the vehicle or the environment. They discovered that even though premium fuel gives drivers more miles per gallon, the additional distance does not always compensate for the higher expense.
The only time it’s worthwhile is if your automobile needs premium petrol, which may be the case if it’s a high-performance, high-end vehicle. If you’re not sure, check your car’s handbook, which should state if it requires premium gasoline.
When your vehicle handbook suggests premium gasoline but does not need it, things become tricky. According to Autolist, if premium gasoline is suggested, it indicates your vehicle may run on lesser octane fuel without risking engine harm, but performance may suffer.
If you’re still uncertain, contact the manufacturer of your vehicle.
9. Purchase gas with cash.
To avoid high credit card processing costs, many gas stations offer a cash discount. The savings will usually range from $0.05 to $0.10 per gallon, although it may be higher. You’ll have to do the arithmetic if you have a credit card that provides discounts or cash back to see whether it’s worth it.
While driving, you may save money on gas.
While finding cheaper gas is wonderful, the greatest method to save money on petrol is to use less in the first place. Here are nine ways to save money on gas when you’re on the road.
10. Share a Ride with Others
Carpooling with only one other person may reduce your gas expenses in half, and the savings grow as the number of people in the car grows.
Consider any travels you do on a regular basis and see if there are others who are using the same route.
Consider searching for individuals who commute to your workplace from your neighborhood (or one nearby). Even if you have to go a little farther each day, the savings may be worthwhile.
11. Map out your route ahead of time
Planning your routes ahead of time is a simple method to conserve gas since you can discover the quickest route to your destination or avoid regions with heavy traffic that cause your vehicle to use fuel inefficiently. Knowing where you’re going ahead of time also means you’ll make fewer incorrect turns, resulting in less kilometers driven overall.
Google Maps is your best friend in this situation, since it allows you to plan your journey ahead of time. You can also use Google Maps to get directions between two locations and compare several automated routes to choose the best one.
12. Keep an Eye on Your Free Time
Idling occurs when your vehicle engine is running but you are not driving – for example, when you are stopped at a traffic signal, when you leave the car running while waiting for someone, or when you want to warm up your car before leaving. Even if you aren’t going somewhere, idling consumes energy. The quantity you utilize will be determined by your vehicle. When stopped, smaller, more fuel-efficient cars consume less gasoline than larger vehicles.
A small car consumes 0.16 gallons of non-diesel gasoline when idle with no load, according to Argonne National Laboratory. While this may not seem like much, if you drive a lot, it may quickly add up.
13. When possible, use cruise control.
When used properly, cruise control may save you money on gas by reducing the frequency of unnecessary speed adjustments. When you wish to drive at a constant pace on flat terrain or on a route with lengthy and consistent ups and downs, cruise control comes in handy.
In normal driving circumstances, cruise control is less effective since it cannot respond to the roadways as quickly as a person can. On normal roads, you’re better off utilizing any of the other fuel-saving techniques in this article.
Reduce your use of air conditioning and heating.
Your car’s air conditioner and heater are both powered by gas, so if you restrict how much you use them, you’ll be able to travel farther on the same amount of gas.
When it comes to burning gas, it’s worth mentioning that air conditioning is by far the worst offender. According to Endesa, air conditioning consumes between 0.2 and 1 liter of gasoline every 100 kilometers (or about 62 miles) driven. Heating systems, on the other hand, consume “quite little.”
15. Gradually increase your speed
Stomping on the accelerator forces more gas into the engine, resulting in increased fuel consumption. Instead, gradually increase your speed to use less gasoline. While you’ll take a little longer to get up to speed, the difference in real-world driving time is unlikely to be significant.
16. Avoid abrupt halts and starts.
When cars are stuck in stop-and-go traffic, they waste a lot of gasoline. While there are times when crowded roads are inevitable, avoiding them as much as possible can minimize stress and lost time while also allowing you to travel more effectively.
17. Pay Attention to How You Brake
When you brake, you lose momentum and energy that your engine has already generated. Keep a safe space between you and the vehicle in front of you, and attempt to predict when you’ll need to come to a halt. Instead of slamming on the brakes, you may take your foot off the throttle and cruise to a stop.
18. Fill up your tank before the gas light comes on.
Many of the money-saving strategies in the first part require you to deliberately choose the most cost-effective time and location for filling up your vehicle. This is considerably more difficult to do if you constantly wait until your tank is almost empty, since you won’t have enough gas to pick the ideal location.
It’s much more expensive to be without gasoline and have to pay someone to come out and fill your tank. Filling up early will ensure that this does not happen.
19. Reduce Car Load Weight That Isn’t Necessary
The more petrol your vehicle consumes while driving, the heavier it is. Remove extra weight from your car to save money. Golf clubs in the trunk, roof boxes that aren’t used, and general clutter strewn around the rear seats may all reduce your fuel economy.
Maintaining your vehicle can help you save money on gas.
Many people overlook this, but keeping your vehicle in good working order may help you save money on gas.
20. Make sure your tires are properly inflated.
Under-inflated tires decrease gas economy by 0.2 percent every 1 psi reduction in air pressure, according to the US Department of Energy. If your tires are severely underinflated, this may add up quickly.
Check for a sticker in the glove box or directions in the car’s handbook to determine your tire’s optimal air pressure.
Maintaining correct tire inflation can also decrease wear, allowing you to go longer between tire replacements.
21. Make sure your engine is in good working order.
An engine that has been properly tuned burns gas more effectively than one that has been neglected. According to the US Department of Energy, repairing a vehicle that has failed an emissions test improves its mileage by an average of 4%. If the problem being repaired is more serious, this percentage may rise to 40%. The amount of money you save will be determined on what is wrong with your engine.
22. Make Sure You’re Using the Right Oil for Your Car
Another piece of advice from the Department of Energy is to always use the appropriate motor oil grade in your vehicle. It is possible to get a 1% to 2% increase in gas mileage by doing so. While this may not seem like much, when coupled with the other suggestions, it adds up. Your car’s recommended motor oil grade may be found in the owner’s handbook.
Saving Money on Gas: Expert Advice
Buying a new car is sometimes the greatest method to save money on petrol. Driving a vehicle that gets higher mileage per gallon can save you money on gas while also being better for the environment.
If saving money is essential to you, be sure you’ll save enough on gas to cover the cost of the vehicle.
23. Purchase a Vehicle That Is More Fuel Efficient
Some automobiles are gas guzzlers that cost a lot of money to maintain no matter what you do. Consider upgrading to a more energy efficient car if you truly want to save money.
The financial effect may be significant. Changing from a 20-mile-per-gallon automobile to a 30-mile-per-gallon vehicle may save you hundreds of dollars each year.
24. Purchase a Hybrid Vehicle
If you want to take things a step further, you may buy a hybrid vehicle that uses electricity to complement its gasoline use.
Using a hybrid automobile is less expensive than driving a comparable gas vehicle. Whether you will save enough to justify purchasing the more costly hybrid version depends on the following factors:
- The amount of time you spend driving.
- The cost of gasoline throughout the course of the car’s ownership.
- The difference in price between a hybrid and a non-hybrid variant of the same vehicle.
If you intend on keeping the hybrid vehicle for a long time, you should be able to recoup your investment.
25. Invest in an Electric Vehicle
In terms of gasoline expenses, electric vehicles are by far the most affordable. According to CapitalOne, charging your vehicle instead of purchasing petrol saves you an average of $800 each year.
The precise amount will be determined by local gas and electricity prices, as well as how much you drive.
Electric vehicles are generally more costly to purchase than comparable gas cars, so whether the fuel savings are worthwhile depends on your individual circumstances.
Even with the savings shown above, most of us will spend more money on petrol than we would want. However, by making a few adjustments to the way you drive and purchase gas, you may drastically decrease your spending.
Carpooling is the greatest method to save money if you aren’t planning on purchasing a new vehicle. Your total expenses will be substantially reduced if you can share your journey with one or two other individuals.
If this isn’t an option, search for alternative methods to save money on each gallon of petrol you purchase. Spend some time looking for the best bargains in your region. Getting a modest decrease in total expenses on a regular basis will result in significant long-term savings.
The save money on gas app is a free app that helps you save money on gas. It’s proven to be 25 times more effective than other apps and websites.
Frequently Asked Questions
How can I save the most money on gas?
If you drive a hybrid, then you will save money on gas because it is more fuel efficient.
How can I pay less for gas?
You can use a gas card to get discounts on your gas purchases.
What are three ways you can save on gas?
One way to save on gas is to use a fuel efficient car. Another way would be to buy a hybrid car, which uses both gas and electricity for power. A third way would be to switch from diesel to electric cars.
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