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Fuel Costs and Tips
• Only about 5 percent of cars in the country really need premium gas, yet 20 percent of all gas sold is premium.
• Check your owner's manual and see what it says you need. You may actually be harming your car, not taking better care of it, by using premium gas.
• You'll save between 5 and 15 cents a gallon buying gas from a discount store or warehouse club versus a branded location. The gas is the same no matter where you go.
Smart buying decisions right now on automobiles
Decreasing gas prices and midyear model changeovers are two factors creating some unique buying opportunities right now in the car market. First, on the gas price front, we've probably all seen the prices at the pump dropping. I've already predicted that prices in some of the lowest-cost markets could start ...
Rising motorcycle sales signal economic recovery
There's an unusual and very loud economic indicator that says we are definitely in a recovery: Motorcycles! I read in The Milwaukee Journal Sentinel that motorcycle manufacturers are booming right now. That's a big changed from when we went into the Great Recession five years ago. At that time, motorcycle ...
Lower gas prices could be coming
CLARKONOMICS: Gas prices in the lowest-priced markets in the United States could dip below the $3 mark this summer thanks to a variety of world factors both political and practical. Speaking politically, you have France's election of a new socialist president; the disruption in the Greek elections; and continuing political ...
The cost per mile to drive a new car is more than you think
AAA now estimates that its costs 60 cents per mile to operate a new vehicle. Despite the recent high cost of gas, fuel costs only account for less than a fourth of the expense of operation. So where is all the money going? Depreciation. When you buy a new car, ...
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Best and Worst payback times on fuel-efficient cars
Most people are looking more closely at fuel-efficient vehicles, event though they can cost more upfront. Here are the rides that offer the best and worst payback for your car-buying dollar.
Gas prices likely to ease; U.S. energy production up
Barring an unexpected event in the world such as a war in Iran or Korea, it looks like gas prices might be heading down a bit. Normally as you approach Memorial Day, gas prices start trending up. But there's nothing normal about this year. We may have already seen the ...
Oil industry booming in America's heartland
In the midst of high gas prices, there's so much good stuff going on with oil exploration and production in the United States. Did you know that there are people in North Dakota sleeping in their vehicles -- and it's for a good reason? It's all because there's a massive ...
Fuel-efficient vehicles: Best and worst payback
The high price of gas is making a lot of people consider fuel-efficient vehicles. But which ones are worth your money? A new analysis from TrueCar.com analysis shows that my car, the Nissan Leaf, takes 8+ years to make back its cost vs. the Nissan Versa. So I'm looking pretty ...
Why gas is up even though increased domestic supply is up
The price of gas has become a huge campaign issue between Democrats and Republicans. Yet as the politicians argue and point fingers, the reality is this is a case where we the people have power and we're actually doing something about it. Our domestic oil producers are using new methods ...
Startups that let you rent your ride for extra cash
Do you have a spare vehicle sitting around collecting dust? Try renting it out. Kiplinger magazine reports there are several new websites that can help you get started as a 1-personal rental agency, with the possibility of generating several hundred dollars in extra income each month. The reality is most ...
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