Having to Change the Family Car
When downsizing your life it can be cost effective to change the family car to a smaller vehicle not just for the money element but to be more environmentally friendly as well.
Family SizeWith your family growing up and leaving home you may no longer need a large family car. Before deciding to change to a smaller model ask yourself if this would be a false economy? You may have a hobby or lifestyle that means you need to carry equipment; a smaller car will defeat the object of saving fuel and money if you have to hire another vehicle occasionally to transport your property. Also, if you have a caravan check that a car with a smaller engine will have the capacity to pull the caravan.
InsuranceWhen downsizing the family car it is possible to save on insurance cover. Although you should still shop wisely for the best insurance deal you will find that by dropping to a lower insurance group there will be a considerable saving on the yearly policy. You should still ensure that the car is stored securely overnight and had adequate locks and alarms.
Carbon EmissionsWhen purchasing a new vehicle you will find that the smaller car having zero carbon emissions will result in larger savings. This is excellent news for the environment as well as the car owner. For drivers in London they will not be charged congestion fees if they drive a vehicle with zero carbon emissions through the city.
Road TaxThe lower the carbon emissions of a vehicle the less cost a road tax licence will be. For some car owners this could be a saving of nearly £200 each year and result in not having to pay for car tax at all.
PetrolWith the price of petrol increasing almost every day you will find that running a smaller car will result in saving more money. However, as prices continue to increase your pocket is sure to be hit again.
Car SharingWith careful planning it is possible to downsize to just one family car rather than two (or more). Rather than use the car for every trip try to use public transport. Older passengers are able to get free or subsidised travel. Employers are also encouraging their staff to car share and think of the environment. When shopping support local shops and walk rather than use the car.
Not only is this good for your health but for the smaller independent traders who will benefit from the extra trade. Use a shopping trolley, you can carry more than you can in a shopping bag – it is now trendy to use these bags on wheels as they are no longer the label of an elderly lady. Consider cycling to work the only energy used will be your own!