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Two Ways to Save While Fueling up Your Vehicle

Posted Oct 6th, 2017 in Media, General, Insurance Tips, Auto Insurance, Did You Know?, In the News

Fueling up your car is not cheap. In fact, the average price of gas in Ontario is approximately $1.09 per litre! If you are looking to save money, you have two options - electric or fuel efficiency.

Two Ways to Save While Fueling up Your Vehicle, Youngs Insurance, Ontario

When it comes to fuel savings, you have two options - look for a car that is good on gas, or you buy a car that doesn’t need any!

Fuel Efficient Cars

Looking to spend less time and money at the pump? Natural Resources Canada (NRC) compiled a list of 2017’s most fuel-efficient cars. The list identifies several cars and lightweight trucks that have the lowest combined fuel consumption rating, based on 55% city driving and 45% highway driving.

You can further reduce your fuel consumption by accelerating gently and maintaining a steady speed, within the limits, while you drive. Anticipate traffic so that you can coast to decelerate, instead of breaking hard.

Electric Cars

Instead of gassing up, you can drive an electric car and save approximately $1,500-$2,000 yearly on fuel. The selection of electric vehicles is limited, but government initiatives can save you up to $15,000 if you are looking to purchase one. Hybrid Electric Vehicles (HEV) and Plug-in Hybrid Electric Vehicles (PHEV) use electricity as a power source and can be fuelled by plugging into the electric power grid and charging onboard battery packs. Charging stations are becoming more common in public places. To save more money, charge your car overnight or on the weekends when the cost of electricity is the lowest.

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