Gas Savings in Anchorage: Sharpen Your Pencil
Posted March 16, 2012 12:00 PM
High gas prices in Anchorage increase the cost of living for AK drivers. You've probably budgeted a certain amount for vehicle related expenses. Increased fuel costs now consume a larger portion of our incomes, causing some Anchorage vehicle owners to skimp in other areas – like scheduled maintenance.
According to AK news reports and automotive industry studies, this is becoming increasingly more common. In fact, nine out of ten personal vehicles on the road have at least one maintenance or repair item that hasn't been done. Some of these items pose serious safety risks. Others are just more likely to make it more expensive to drive.
In this area, we can take a lesson from professional Anchorage vehicle owners. I'm talking about fleet owners and operators. You know, Anchorage folks like the trucking companies and delivery services. Because their livelihood depends on it, they have gotten scheduled maintenance down to a science. And the last thing they skimp on is regular maintenance.
Why is that? Well, for one thing they know that routine maintenance prevents expensive repairs and costly breakdowns. They also know that a well-maintained vehicle uses less fuel. For them, even a small decrease in fuel efficiency may put their Anchorage business in the red.
So what does this mean to Anchorage drivers? Well, there's a 90 percent chance that you're missing some service that would improve your fuel economy. Here's a quick reminder list:
Fuel system cleaning, transmission service, differential service, engine air filter, wheel alignment, oil change, tune up.
Ring any bells? Can most Anchorage vehicle owners honestly say that there isn't at least one thing on the list that hasn't been done?
Let's suppose you chose to spend $150 and get caught up on some of these services at L and M Motors Inc. Figure that they combine to improve your fuel efficiency by 15 percent. What would that mean to your pocketbook?
Well, the average personal vehicle in Anchorage is driven about 12,000 a year. If you get 20 miles per gallon in your vehicle, over the course of one year you would pay for the $150 worth of service and save an additional $165 dollars if gas is at t$3.50. If gas is $4.50, you would save $255. And you'd rack up savings of $345 dollars with gas at $5.50.
GAS PRICE
$3.50
$4.50
$5.50
20 MPG
$165
$255
$345
From this you can see that the more fuel costs, the more it pays to keep up on scheduled maintenance. Some of us drive trucks in Anchorage for work or recreation – or want a large SUV for family needs. A 15 percent improvement in fuel economy can generate huge savings – $650 a year if gas is $4.50 a gallon in Anchorage. Take a look at this table to see where your savings could lie.
GAS PRICE
A) $3.50, B) $4.50, C) $5.50
10 MPG: A) $480, B) $660, C) $840
20 MPG: A) $165, B) $255, C) $345
30 MPG: A) $60, B) $120, C) $180
So catch up on those services you've been neglecting at L and M Motors Inc. Get a couple done now and a couple next time. Chances are you'll save a lot of money at Anchorage gas pumps this year – and a lot more on repairs in years to come.
L and M Motors Inc
400 W 53rd Ave
Anchorage, AK 99518
907-563-4994
