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Don’t Panic at the Pump: Tips for Saving Money and Conserving Gas

Media Contact:
Scot Hall
(513) 381-0100 x 1000
shall@swapalease.com

Cincinnati, June 30, 2011

Recent weeks brought a drop in gas prices – from $4 a gallon to $3.80 or less. But experts agree that prices will again rise. There are plenty of ways to save your cash while also conserving gas, and we’ve swept the web to find the very best. Easier on the wallet AND the environment –that’s a bargain.

  • Stop aggressive driving. Speeding, tailgating, and stopping and starting are dangerous AND waste gas. www.fueleconomy.gov says your inner road warrior may lower mileage by as much as 33 percent. And every 5 mph above 60 costs another 24 cents a gallon.
  • Use cruise control. Driving at a consistent speed uses less gas.
  • Keep your car in shape. A poorly-running vehicle running costs you money. Taking care of a minor problem – say, an overdue tune-up - saves 16 cents a gallon. Fix a major problem and improve fuel efficiency by 40 percent!
  • Use the proper motor oil. Using motor oil other than the one recommended by your car manufacturer will cost money in the long run.
  • Combine trips. Make several trips a week to the grocery store, the dry cleaner, etc? Several short trips can cost double one longer trip. Do all your errands at once to maximize mileage.
  • Carpooling works. But it’s often not a viable option. Negotiate new work hours (avoiding driving in rush hour) and the opportunity to telecommute.
  • Watch your weight. A car hauling extra stuff burns more fuel. Keep your trunk empty when possible. When hauling things, use the trunk instead of a roof rack, which creates drag.

Your phone can help. Apps do everything from planning combined trips to finding the cheapest gas. Some of our favorites:

  • Carticipate - Carticipate is the first rideshare application on a location aware mobile platform. Coordinate driving plans by indicating where you are going, when, and post your ride. The app matches you to carticipants going your way.
  • AAA Triptik – provides all the local information you expect from the Automobile Association of America, as well as gas station location and price info.
  • Gas Buddy – this free app pulls together a community of users to update gas prices in real time.
  • Accufuel - AccuFuel™ Fuel Efficiency Tracker tracks your driving habits to show you how they affect your fuel efficiency.

About Swapalease.com:
Swapalease.com is the world’s largest automotive lease marketplace and the pioneer in facilitating lease transfers online using a patented process. First conceptualized in 1997, Swapalease.com has evolved into the leading automotive consumer online destination servicing all aspects of the automotive leasing lifecycle and provides programs (including new leases and for sale vehicles) for both consumers and dealers in the U.S. and Canada. The company is headquartered in Cincinnati, Ohio. For more information, call 866-SWAP-NOW or visit www.swapalease.com.

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Time Magazine

Websites like Swaplease.com have helped facilitate such transactions. You pay to dump a lease, but the price can be thousands less than you would owe if you turned the lease in early to a dealer. Meanwhile, buyers can pick up some sweet rides for hundreds less than their normal cost, with short-term contracts and no down payment.

USA Today

Consumers aren't limited to what's being offered on the auto lots. They can buy a car, or take over someone else's lease on Web sites like Swapalease.com, a popular site that act as matchmakers between buyers and sellers.

Wall Street Journal

Terminating a Car Lease

The problem:

Getting out of a cal lease early
The Solution:

Find someone to take over your lease through service such as Swapalease.com. The site charges a fee to post a listing, and say finding someone is easiest for leases with 24 months or less left.

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