Advice
SPECIAL REPORT: SAVING MONEY ON PETROL
We are all aware of the current state of petrol prices. Rather than cry in despair at these record high prices, though, this may be a good time to make a concerted effort to dramatically decrease our dependency on this non-renewable, expensive and environmentally damaging resource. With that in mind, we here at Bargain Shoppers Guide to Sydney have compiled some very useful information for our savvy shoppers so that you may make informed choices about how and where you spend your money. This Special Report is intended to give every individual some real money-saving options that also benefit our collective health and environment. There is no single, easy way for you to save money on fuel, but any combination of the following tips and options can and will make a difference.
LIFESTYLE
If you are serious about saving money, the first things you can usually look to change are your day-to-day habits. Consider the following and experiment for a week to see if any of them are viable alternatives.
•
Walking: simple, but true. Enjoy the benefits of gentle
exercise: if you can walk to work in under an hour, try it for a week and see if
it works for you. Get up a little bit earlier if you need to and feel the glow
of satisfaction as you walk past endless cars stuck at endless lights.
•
Bicycling: for the same reasons as walking, bicycling is a
wonderful alternative to driving but takes a slightly braver soul than most!
Give it a go if you’re game.
•
Public transport: apart from
those suburbs designed in the car-focussed 80s and 90s that remain sadly
untouched by any workable public transport system, there aren’t many areas of
Sydney that can’t be reached by train or bus, or any combination of the above.
Look into it — you will definitely save money (average saving $10 to $20 per
week).
•
Driving route: ok, so you have to drive, but are
you actually using the roads to your advantage? Sit down with a map, plot a few
different courses and try them out. Give each one a week. That way you will get
a feel for the traffic and see which works best. It may be that you drive one
way to work and another way home, if need be.
•
Car
pool: it may well be time to start getting friendlier with your work
colleagues. Figure out who lives near you and propose a car pool system. This
will save both of you a lot of money and will also allow you to use transit
lanes in heavy traffic, cutting back on time spent idling and chewing up
petrol.
DRIVING STYLE AND HABITS
According to endless research,
moderating your driving style WILL save you petrol. The hardest part is becoming
aware of how you actually drive and then breaking those built-in habits.
For
example:
•
Heavy accelerating and braking: this
increases your engine’s fuel consumption by a considerable amount. By
accelerating gently and avoiding braking at high speeds (where applicable) you
can save between 10 and 20 per cent in fuel costs, not to mention reducing
costly wear on your car and even more importantly, ensuring your
safety.
•
Speed: driving at or just below the speed limit
has more advantages than being legal and safe — it is proven to save fuel.
Driving in the left lane of a multi-lane highway at 10km below the limit will
increase your fuel economy by 5 to 10 per cent. If you’re still not convinced,
consider that every time you double your speed, you increase the wind resistance
to your vehicle by four times — wind resistance seriously compromises your fuel
economy. Also, driving in the highest gear possible (or drive economy mode in an
automatic) reduces your engine speed and saves you fuel.
•
Idling: turn your engine off when stuck in heavy traffic for
longer than one or two minutes. Idling engines achieve zero fuel economy. By the
same token, it is not actually necessary to warm your car up when you first
start it in the morning. Driving is the best way of warming your car up, even in
cold winter weather. Only use your airconditioner when absolutely necessary (or
when driving over 80kms/hour). An open window at any speed higher than 80kms/hr
increases drag and decreases fuel efficiency.
•
Aggressive
driving: a 2006 ABC Television experiment proved that “aggressive
driving” (constantly changing lanes and overtaking) will save you a measly 30
seconds in time and cost you considerable extra per week in fuel costs. Not to
mention wear on your car. Take a deep breath, relax and take your
time.
CAR MAINTENANCE
Check the following on a
regular basis and you are guaranteed to make substantial weekly
savings.
•
Tyre pressure: flat or splashy tires can
increase your fuel consumption by up to 7 per cent. Check them every two weeks
when they are cold and keep at the correct pressure (at least 32psi or higher if
recommended by the manufacturer)
•
Wheel alignment: faulty
wheel alignment increases the “rolling resistance” of your car, much in the same
way as flat tires, which will increase your fuel consumption and also wear your
tires out quicker (costing you more money).
•
Excess drag:
take all unnecessary items out of your boot or back seat and remove your roof
rack, if it is not being used. An extra 30kg of weight adds another 2 per cent
to your fuel consumption.
ENGINE AND FUEL TYPES
As
you are no doubt aware, most engines require standard fossil fuel or petrol.
Time, however, is proving that petrol is very low on both economy and
practicality. It is not an endless resource and its cost to our environment is
reaching nightmare proportions. So, if ever there was a better time to consider
some cheaper and less harmful alternatives, it would be now.
•
Diesel: diesel engines generally produce fewer emissions than
standard petrol and average 10c per litre less in cost. It is widely available
and competitively priced, although diesel fuel itself, of course, requires a
vehicle with a diesel engine, which are not as common in Australia as they are
in places like Europe. Consider a diesel engine if you are buying a new car and
it will save you in the long run.
•
Gas: as this is such a
hotly topical option, we have provided as much information as possible and
broken it down into the following sections:
•
Emissions and
savings: Both Compressed Natural Gas (CNG) and Liquid Petroleum Gas
(LPG) produce significantly lower amounts of emissions and are up to 70c per
litre cheaper than petrol. CNG produces up to 30 to 40 per cent fewer emissions
and LPG produces around 15 per cent fewer emissions than fossil fuels.
•
Converting: converting your engine to gas will cost you
initially (around $2000 to $2500), but with current government support and
savings in fuel costs you should recoup your outlay well within 12 months. We
say “should”, however, because with the recent petrol price boom and subsequent
high demand for gas tanks, some gas fitters are cashing in and are now known to
charge almost double what they were charging just a few months ago (recent
quotes reached as high as $5000). We recommend you shop around for a competitive
quote and seriously weigh up any high initial cost with long-term
savings.
What else you need to know:
• Keep in mind
that some car models may be unsuitable for a gas tank. Check with a gas fitter
if this is an option for you.
• Most cars keep their petrol tank when
converted to gas and drivers are able to switch between both when necessary.
This means that you’re not struggling to find a “gas” station.
• Despite
media “alerts”, there is no hard evidence to suggest that a gas-run car is any
more dangerous than a petrol-run car.
• Keep in mind that converting to gas
is only really a short-term solution. It is not a renewable resource so it is
likely to eventually suffer the same fate as petrol and other fossil
fuels.
•
Hybrid: a happy combination of electric and
petrol engines, a hybrid car is the perfect solution for city drivers. The car
switches to petrol only when sudden acceleration and speed is required, then
switches back to battery when cruising or idling. This cuts back dramatically on
both emissions and fuel costs. The new Toyota Prius is a fantastic example of an
efficient hybrid car. It can get you around 1000kms on 30 to 40 litres of petrol
and is the number one vehicle listed on
www.greenvehicleguide.gov.au for fuel efficiency and
dramatically reduced emissions.
•
Ethanol: a renewable
resource that cuts back on fuel emissions in direct proportion to how strongly
it is mixed with petrol (currently at a proportion of between 5 and 10 per
cent), ethanol costs roughly 4c less per litre than straight petrol. It is
available at an increasing number of service stations across the country,
although it is not suitable for every engine (check your owner’s manual). Car
manufacturers in Spain are currently developing an engine that can run on 100
per cent ethanol. This may well be the engine of the future.
•
Biodiesel: biodiesel is a bit of a winner all round,
exceptionally low on both emissions and price. Unlike Europe and the US,
however, Australia is yet to properly catch on to the all-round benefits of this
greener-than-most resource. Still, you can actually make your own with a few
core ingredients and a bit of patience. Log on to
www.gfb.cc or
www.biodys.com to find out how. Once you have set up your
“home grown fuel” lab, it will cost you 40c per litre to make, or if you buy it
from one of the 70 service stations currently stocking biodiesel in Australia,
it will cost you around 80 per cent less than regular fuel. The only downsides
are that it is not currently stocked at every petrol station in the country and
you need a diesel engine in order to use it.
•
Small versus
big: if you don’t actually need a large 4WD because you’re not going
“bush” every weekend, smaller cars are definitely the way to go. Sure, the
flashy big Jeeps and Range Rovers make us feel safe and secure but they have
very low fuel efficiency coupled with very high emissions and are proven to
cause horrific damage to other cars in a serious accident. Consider models like
the Toyota Echo, Hyundai Getz and the Holden Barina — they can do everything
that you would require of a car and use less than 7 litres of fuel per 100kms (a
savings of up to $1500/year when compared to larger vehicles). Or go hybrid and
save yourself even more. Biggest, it seems, is very definitely not
best!
DISCOUNT VOUCHERS
Big, multinational
corporations such as Coles Myer and Woolworths are falling over themselves to
offer you cheap petrol deals if you spend money in their stores. In a
cooperative business relationship with Shop-A-Docket and major fuel companies
that appears to be screaming for a Michael Moore-type retaliation, these
business giants have joined forces to “help you save money”. And it appears to
be working, mostly because they do actually save you money on petrol. A
Shop-A-Docket voucher from Coles or Woolworths valued at over $30 will save you
anywhere between 4 and 14 cents per litre at supermarket-endorsed fuel stations,
depending on the type of deal being offered at the time. This kind of
partnership has ensured that Coles Myer now controls a whopping 60 per cent of
the petrol market.
All political and socio-economic repercussions of this
monopoly aside, shopping at supermarket chains like Coles and Woolworths will
not save you enough money to truly justify their 4c per litre off petrol offer.
On a 55-litre tank, saving 4c per litre on petrol will add up to a savings of
just over $100 a year for the average driver (just under $400 a year with “14c
off” deal). Shopping at much cheaper outlets (refer to our tip sheet on
Supermarket Shopping for further details) will save you around $1500 a year,
clearly far outweighing any saving that you will make on Coles-endorsed petrol.
Fuel for thought, yes?
And finally: some advice on when and where
to fill up.
• Don’t wait until your tank is almost empty to fill
up as this will force you into the nearest (and likely expensive) petrol
station.
• When you see a cheap fuel price, pull in and fill up. If you do
this regularly, you can save roughly $10 a week on fuel.
• The cheapest
petrol price day in Sydney is currently Wednesday. Fuel prices can drop to 4 or
5 cents a litre cheaper on this day due to low demand. Keep your eyes peeled for
this kind of pattern. It is likely to change as demand grows and ebbs over
time.
• Don’t drive out of your way to fill up at a cheap fuel station unless
you are sure that you are not using more fuel than you are spending per litre to
fill up.