How to save money on car insurance: Ask about all available discounts, like special features on your car – daytime running lights, anti-lock brakes, good driver discount, etc. Also check out Costco’s online defensive driving course – will lower your insurance premiums once you take it.
Did you know your teenager can have lower insurance if they get good grades? There’s a good student discount, and they can get even more of a discount if they take Driver’s Ed.
To save on maintenance and repairs, check out ConsumerReports.com – maintenance costs can vary from mechanic to mechanic – even amongst dealerships, so SHOP AROUND!
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The Frugalicious Show is a web tv show that helps you live the best possible life while spending the least amount of money. Bitsy and Erin share budget-friendly lifestyle tips on The Frugalicious Show, and Larissa shares hot deals every day on Deal of the Day. Learn how to live a Frugalicious life without sacrifice. Have a Frugalicious find you want to share? Leave a comment!
BITSY: Hello hello welcome to The Frugalicious Show,
I’m Bitsy Jennings,
and this is my co-host Erin Brooks.
ERIN: Hello Bitsy and to all of our viewers out there. And today we’re
going to tackle one of those unavoidable expenses – the car.
Now unless you
live in New York City here
BITSY: Or Venice
ERIN: Yes, or unless you live in Venice and take your gondola to work.
You’re likely to depend on a car to get around.
And if you have kids over
16 you may be looking at having multiple cars
BITSY: Absolutely, so today we’re going to break down how to save
ERIN: Mmm hmmm from the buying to the insurance, to the maintenance
and gas, it all costs money, and we’re going to help you get
BITSY: Gas, how do we save on gas?
ERIN: Well, what about cash back credit cards? Like the American Express
Blue cash card or the discover Open Road card, and the Discover will
you up to 20% cash back when you redeem it in the form of a gift card
ERIN: Yeah pretty cool huh, and of course there is always our beloved
Costco company card. we love the Costco. Now that card offers up to
3% cash back
BITSY: Oh Costco, how do I love thee? Let me count the ways! Preferably in
ERIN: Exactly. Alright, so lets talk about buying that new car.
BITSY: Ok well, first, do not just go to the lot, I repeat,
do not just go
to the lot unprepared, salesmen are looking for
someone to come unprepared
it’s like a bear looking for honey,
so you want to do your homework before
you go to the lot because
it is a battle, it is a war, and you’ve got to be
ERIN: So do your browsing online and come prepared.
Know what you want and
what it should cost, MSRP is a made up number,
completely made up. What you
need to know is how much the dealer
paid for the car and what the markup is
in that price so you can
be on top of the game. And also know what’s important to you and
your family. Automatic sliding doors for the carpool? Ok.
BITSY: But automatic rain-sensing windshield wipers? Not if you
ERIN: And don’t just think about the price of the car itself,
think about your insurance costs, fueling your car, maintenance,
the whole package. So stay tuned and we’ll cover all that in our