Gas prices are soaring with no end in sight. Remember when a gallon of unleaded cost just $1.25? Nowadays, it's more crucial than ever to maximize your savings at the gas pump. Here are ten practical tips to help you get the most out of every dollar spent on gasoline.
Gas prices can vary significantly between stations, even those selling the same brand. Use apps like GasBuddy to find the cheapest gas stations in your area. According to the U.S. Energy Information Administration, gas prices can differ by as much as 10-15 cents per gallon within a few miles.
Many credit cards offer rebates or cash back on gas purchases. For instance, the Costco Anywhere Visa Card by Citi offers 4% cash back on eligible gas purchases (up to $7,000 per year). This can translate to significant savings over time.
Gasoline is denser in the cooler morning temperatures. Since gas pumps measure by volume, not density, you get more fuel for your money when you fill up early in the day. This can save you a few cents per gallon, which adds up over time.
Busy gas stations frequently refill their underground tanks, ensuring fresher fuel. Stale or contaminated gas can reduce fuel efficiency and performance. According to a study by AAA, using high-quality fuel can improve fuel economy by up to 4%.
After filling up, twist the gas pump nozzle 180 degrees. This can add up to an extra four ounces to your tank, which might not seem like much, but it adds up over time.
Unless your car specifically requires high-octane fuel, stick to regular unleaded. High-octane gas can cost up to 20 cents more per gallon. According to the Federal Trade Commission, most cars run just as efficiently on regular unleaded.
Topping off your tank can lead to fuel spillage and evaporation. Wait until your tank is at least half-full before refueling. This practice ensures you get the full amount of fuel for your money.
When underground tanks are refilled, particles at the bottom can get stirred up and end up in your gas tank. These particles can reduce your car's fuel efficiency. Wait a day or two after a station has refilled its tanks before you fill up.
Self-serve gas is generally cheaper than full-serve. By pumping your own gas, you can save a few extra cents per gallon. According to the National Association of Convenience Stores, self-serve gas can be up to 10 cents cheaper per gallon.
Make sure to twist the gas cap until you hear it click. A loose gas cap can cause fuel to evaporate, leading to wasted money. The Car Care Council estimates that a loose or damaged gas cap can reduce fuel efficiency by up to 2%.
These ten tips are easy to implement and can help you stretch your gas dollars further. Remember to use them each time you fill up, and you'll see the savings add up over time.
By following these tips, you can make a significant impact on your annual fuel expenses. Happy saving!
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