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Unbiased Article Reveals 8 New Things About $255 Payday Loans Online Same Day That Nobody Is Talking About
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Gas prices are likely to continue climbing through 2022: Here's how to save at the pump Advertiser Disclosure Advertiser Disclosure We are an independent, advertising-supported comparison service. Our aim is to assist you make better financial decisions by offering you interactive financial calculators and tools, publishing original and objective content, by enabling you to conduct your own research and evaluate information for no cost and help you make informed financial decisions. Bankrate has agreements with issuers, including but not limited to American Express, Bank of America, Capital One, Chase, Citi and Discover. How We Earn Money The offers that appear on this site are from companies who pay us. This compensation may impact how and when products are featured on this website, for example such things as the sequence in which they appear in the listing categories, except where prohibited by law. Our loan products, such as mortgages and home equity and other home loan products. However, this compensation will have no impact on the information we publish, or the reviews that you see on this site. We do not contain the entire universe of businesses or financial deals that may be available to you.



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4 min read. Published August 14 2022
Authored by Rebecca Betterton Written by Auto Loans Reporter

Rebecca Betterton is the auto loans reporter for Bankrate. She specializes in assisting readers to navigate the ways and pitfalls of using loans to buy a car.







Edited by Rhys Subitch Edited by Auto loans editor

Rhys has been editing and writing for Bankrate from late 2021. They are passionate about helping readers feel confident to manage their finances with precise, well-studied information that break down complicated topics into bite-sized pieces.









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Drivers throughout in the U.S. have been dealing with record-high gas prices in the last year at the pumps. But over the past month, with a declining demand, prices have begun to drop somewhat, giving drivers a bit of relief. The cost of a gallon of regular fuel is now $4.13, . At the start of August, prices were reduced by 64 cents compared to a month earlier. However, the damage is being done in various ways, as the prices for gas are still much more expensive than they were one year ago. AAA discovered that many motorists have made substantial lifestyle changes to cope with the rising cost of gas, including taking fewer trips, combining their errands and limiting shopping or dining out. Here are some other strategies to cut down on the cost of gas. Five ways to save cash at the pump. If you want to save money on fuel and save money at the pump, consider making a few changes to your regular drive. 1. Be aware of the speed limit. No whatever the fuel efficiency of your vehicle, staying within the speed limit will help conserve fuel. Your gas mileage will decrease in the event that you exceed 50 miles per hour. In addition to driving at the posted speed, it's a good idea to stay clear of extreme acceleration or braking -- that can lead to fuel consumption that is low. 2. Shop around for the cheapest alternatives before you go to the next gas station that you come across and research the most affordable alternatives in the vicinity. You can download apps like GasBuddy, Gas Guru and the AAA app to determine where the cheapest gas prices are within your. 3. Use regular gasoline options If your vehicle doesn't require premium fuel, there's no need to dole out the extra cash to purchase the most expensive option. Regular gasoline can cost you about fifty cents each gallon -which is a tiny amount that quickly adds to. 4. Participate in a rewards program A lot of grocery stores offer that reward motorists for filling up at their stations. Some credit cards also offer points when used in the gas station. If a gas station that is traditional is more your thing then look for rewards options specific for the brand you favor, such as the one 7-Eleven offers. 5. Plan your routes ahead of time To save money on fuel and time in the car, you can use apps such as Waze to choose an efficient path. Plan your route prior to time to make sure you don't waste fuel by retracing your route to other regions. 6. Maintain proper tire pressure When your tires are not properly inflated, they could affect your car's fuel efficiency, which can reduce the fuel economy. Insuring that your tires are properly aligned will increase gas mileage. 7. Use cruise control Driving with cruise control will help you keep a steady speed, which in turn will lower the amount of gas that is used. 8. Reduce air conditioner use Using the air conditioner uses up gas more quickly because of the power needed by engines for the operation of its cooling mechanism. Other ways to save money on vehicle expenses While the power used to run your vehicle can be expensive -- particularly in recent times as it's comprised of a variety of elements. And there are still other methods to save money as a driver. Maintain your vehicle Keeping up to date on the can help you avoid any unexpected problems. Make sure to have your car checked by a professional a few times a year to avoid costly issues that could arise down the road. Cut down on long trips More miles clocked on your odometer mean frequent trips to the gas station, but it also opens the door for mechanical issues. If you're able to steer clear of it, now may not be the ideal time for a long road trip. It might be a good time to carpool or rely on public transportation where there is one available. Find a lower cost insurance provider if you have used the same insurance provider for more than an entire year or so it could be a good time to shop around and see what other options are available. Make sure you compare multiple insurance providers to make sure you're getting the best deal. Refinance your existing car loan You might be able to negotiate better terms and save on your monthly payments by . This is especially true if you have improved the credit rating of your. Compare your to see if you can save more cash by refinancing. Gas price volatility is due to a combination of factors Even as prices have decreased but the price for gas is still $1 more costly than it was the same time last year. In many areas where the price for one gallon of gas is still well over $4, while California residents are still paying over $5.50 per gallon. The high prices that the country is facing today are in part due to the Russian incursion into Ukraine and the resulting sanctions. The sanctions have resulted in an astronomical increase in the cost of oil that is used as the primary fuel for powering many vehicles. When the cost of crude oil increases, so do costs at the gas station. The bottom line When you own a vehicle expenses can mount up -- and the fluctuating cost associated with the gas pump can cause a great deal of frustration. Although gas prices are out of your control, you can focus on the decisions you can make to save. Some of the changes you can make are searching for the lowest gas prices in your area, combining your errands and trips when possible and keeping your vehicle properly maintained.


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Authored by Auto Loans Reporter

Rebecca Betterton is the auto loans reporter for Bankrate. She specializes in assisting readers in navigating the details of using loans to buy an automobile.



The edit was done by Rhys Subitch Edited by Auto loans editor

Rhys has been editing and writing for Bankrate since late 2021. They are dedicated to helping readers gain confidence to manage their finances through providing precise, well-researched and well-studied information that breaks down complicated topics into bite-sized pieces.






Auto loans editor




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