Motoring Economics recipes
Study Finds Fuel Conscious Driving Increases Road Safety
The results of 3 recent studies have been published in a Green Fleet news letter (December 2011 edition) as follows:
(a) Camera and copier company Canon performed a study of 350 of its drivers and found that 35% fewer accidents were noted once fuel conscious driving techniques were adopted.
(b) Similarly a a German company’s fleet noted a 35% reduction in accidents whilst a truck operator in New Zealand recorded 56% less incidents over a 6 month period.
The research was carried out in New Zealand by AA Research Foundation and Energy Efficiency and Conservation Authority (EECA). Whilst such research remains in its infancy, early signs carry a very position message indeed.
On that note, we have high lighted some simple yet highly effective tips for motorists to improve their fuel efficiency and hence safety (for our earlier release of efficient driving tips refer to Article 4).
Lease, Rent or Buy: The Simple Guide to Motoring Economics
Buying the right car is a crucial decision to make. After your home, it is often the second most expensive asset one will buy. There are many variables involved including price, performance, safety, functionality, maintenance, resale…the list goes on.
Amidst the “noise” of information that needs to be filtered, an important decision almost becomes an afterthought, and that is how to most effectively fund the purchase of your new asset. Common options available to you include:
- Vehicle lease
- Outright/cash purchase