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Cost Savings for Older Drivers

In today’s economy, it’s more important than ever to save money when and where you can.  The same is especially true with driving, which can be a major expense, especially for older drivers.  If you’re over 55, here are some things you can do to cut your costs:

Shop around for insurance and compare costs.  Your age will put you in a higher cost bracket, so it pays to compare prices. Even though 50+ drivers have a low reported crash record, safe driving begins to decline around age 70, and so older drivers are considered a high risk.  That means higher premiums.  But many auto insurance companies give discounts if you take a refresher course geared to older drivers.  AARP is one entity that offers one.  One side benefit of driving courses geared toward older drivers is that you’ll learn driving techniques to help you adapt to the changes of age, and proper driving habits can result in fuel savings in addition to increased safety.

Fuel efficiency.  Next to insurance, fuel is the largest regular vehicle operation expense.  Do what you can to maintain your car’s fuel efficiency in terms of recommended maintenance schedules, tire pressure, etc.  If you’re shopping for a new car, you may want to consider putting fuel economy high on your list of priorities.   Routine maintenance is especially important if you have a vehicle that’s more than 10 years old.

Do-It-YourselfHere’s where minor expenses can add up to major savings.  Consider doing simple maintenance tasks such as oil and air filter changes, wiper replacements, etc., yourself.  The cost of the materials isn’t much – it’s the savings on the labor that will add up.

To help you save even more, SkipChips offers a variety of 3M Scotchgard vehicle protectants to preserve and protect your car and help keep the cost of maintenance down.