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How to reduce your car running costs

Whenever you work out a budget, you should look at where you can most effectively save money.

This could be simple changes to every day spending, like where you shop, or changing who provides services like utilities, internet, etc. You might also look at where you can make smaller savings, which collectively add up.

One area where you can do this is with the running costs associated with your car. There are a number of ways you can bring your overall costs down. Individually, these might save you a bit of money here and there, but, collectively, they add up to a sustained and much more substantial saving.


Your insurance is one of the big annual costs you pay on a car. Finding ways to reduce the cost of your insurance can lead to big savings.

From the level of insurance you take out on your car, to shopping around to finding the best possible price and benefits from an insurer, there are ways to bring down the cost you pay.

Insurance is usually your biggest outgoing on your car. Being able to reduce the amount you pay, either as a one-off annual cost or a monthly payment, can make managing your finances easier and give you a bit more money to play around with.

We’ve written more about what you can do to reduce the cost of your insurance here.


You aren’t going to get very far without fuel, but there are ways to save on the cost of filling up your car:

  • – Driving smoothly, with less stopping and starting
  • – Ensuring your tyres are the right pressure
  • – Removing unnecessary weight from your car
  • – Using apps and websites to find the cheapest places to fill up in your area

The cost of petrol fluctuates, and your fuel economy can be influenced by the sort of car you drive.

Taking the steps to improve the fuel efficiency of your car doesn’t mean you can avoid filling up altogether. But it should mean you’re getting more for your money and that you’ll need to visit a petrol station less often.


It’s never nice when something goes wrong with your car. It can be expensive to fix and, unless you’ve got a courtesy car, it can leave you without a vehicle.

There are steps you can take to bring the cost of your repairs down. Think about the ways you can avoid taking your car to a mechanic. Simple fixes, like checking your oil and tyre pressure, are easy jobs to do yourself.

These simple jobs don’t require a mechanic. Doing them yourself can help keep your car in good working order and avoid costly repairs further down the line.

Paying for your car

Controlling your budgeting means making sure you’re getting the best price when you pay for something. Your insurance and other running costs can be reduced, with some clever thinking and shopping around.

The amount you pay for your car should also be competitive and something that can be comfortably worked into your budget.

At Hippo Motor Finance, we’re committed to making sure you find your perfect car on a finance deal that suits you. We can draw from a huge range of cars and different lenders to find you the best deal.

To find out more about how we can help you find your perfect finance package, click here!

Representative Example of Credit

We expect more than 51% of our customers to achieve this rate.

Loan Amount Total Cost of Credit Representative APR 60 Monthly Payments Deposit Amount Loan Term Total Amount Payable
£7,500 £3831 19.1% APR £188.85 £0 60 Months £11,331

All offers are subject to change at any time, you must be 18 or over and finance is subject to status, vehicle availability and terms and conditions apply. We can introduce you to a limited number of finance companies, a commission may be received. Failure to maintain payments may result in termination of your agreement and the vehicle being returned, this could affect your credit rating and make it more difficult to obtain credit in the future. All prices correct at time of publication.

We purchase a wide variety of vehicles from all over the country to ensure the best quality and value for our customers, all of our cars go through a thorough inspection process and if they do not meet our standards we do not sell them. We endeavour to inform our customers (where possible) the provenance of the vehicle they are buying and as such we will always inform you if the vehicle has previously been either an ex fleet or hire car. Should your vehicle be an ex hire/fleet car please do not be concerned as we would never value this vehicle differently when you come to part exchange it and there is no difference to the CAP valuation either.

You should try and estimate the distance you will travel as accurately as possible to try and avoid excess mileage charges at the end of your contract.

All pictures and/or photos and car descriptions on this site are for illustration and reference purposes only and are not necessarily the vehicle on offer. All offers are subject to change at any time and are subject to finance approval and vehicle availability. All prices correct at time of publication. E & OE.

Hippo Vehicle Solutions t/a Hippo Motor Finance is authorised and regulated by the Financial Conduct Authority. FRN 658076. We are a Credit Broker not a Lender and can introduce you to a limited number of lenders. Subject to status and to UK residents only (excl. the Channel Islands). Individuals must be 18 or over. Guarantees and indemnities may be required. We typically receive a fixed commission calculated by reference to the vehicle model, product or amount you borrow, for introducing you to a lender but this does not affect the interest charged on the agreement, all of which are set by the lender. Images for illustrative purposes only. Hippo Vehicle Solutions t/a Hippo Motor Finance is an Appointed Representative of AutoProtect (MBI) Limited for insurance distribution purposes. AutoProtect (MBI) Limited is authorised and regulated by the Financial Conduct Authority. Its firm reference number is 312143. You can check this at

We endeavour to ensure that all information including the specifications and finance availability are accurate. Whilst we make every effort to display correct information we are aware that errors may occur occasionally. We are not able, therefore, to guarantee the accuracy of all information especially when given to us by third parties. If you do require clarification of some information you have seen on our website, please email us at . This does not affect your statutory rights.

We are a broker not a lender and our registered office is Unit 26 Trident Park, Trident Way, Blackburn, BB13NU.