Is Buying Premium Gas a Waste of Money?
According to a new study by AAA, you may be wasting money if you're buying premium fuel for your vehicle - even if the manufacturer recommends it. We're talking about over $2 billion in wasted gas money each year.
AAA testing found that many vehicles designed to run on regular gas did not show any emissions, fuel economy, or horsepower improvement when using premium fuel.
AAA recommends drivers looking to get the best performance from their engine should instead purchase gas from top tier gas stations, which include:
76, Aloha Petroleum, Amoco, Arco, Beacon, BP, Break Time, Cenex, Chevron, Citgo, Conoco, Co-op, Costco, CountryMark, Diamond Shamrock, Entec, Esso, Express, Exxon, Holiday, Kwik Star Stores, Kwik Trip, Mahalo, MFA, Mobil, Ohana Fuels, Petro-Canada, Phillips 66, Puma, QT, Quik Trip, Road Ranger, Shamrock, Shell/Shell V-Power, Sinclair Standard, SuperAmerica, SuperFuels, Tempo, Texaco, Tri-Par, and Valero
3 Steps Every Car Buyer Needs to Take to Save Maximum MoneyThe key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:
Step 1 Get Prices From My Trusted NetworkSelect the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).
Step 2 Get Prices From TrueCar / CarsDirectTrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.
Step 3 Complete my ChecklistFollow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid