Petrol prices have soared in 2022, driven by a perfect storm of sanctions on Russian oil, high international margins and increased demand as Covid restrictions ease.
The temporary tax cut on fuel has provided some relief, but can only go some way in easing the pain at the pump. Now, $3 a litre looks the new norm. So to help you save on fuel, we’ve gone through some great tips to bring down costs.
Use a fuel app
This is one of the best ways to save on fuel costs, and is something you should already be doing. Apps such as Gaspy, are a great way to find the cheapest fuel nearby. Essentially, it provides a list of current petrol prices, so you can see if another station just down the road has a better deal.
It’s kept up-to-date by hundreds of thousands of drivers just like you, who upload prices from their local service stations. This helps keep all the information current, and you to find the cheapest deal in your area. Simply type in your location, how far you are prepared to travel, and the app will do the rest.
Another great option is the PriceWatch website, which provides a snapshot of all the fuel transactions it processes throughout New Zealand. While it doesn’t cover all fuel retailers, it includes all the big players: BP, Caltex, Mobil, Z, Challenge and Gull.
There are so many fuel rewards cards and vouchers nowadays, that at this point, they don’t help really you save on fuel, they help you avoid paying too much! Essentially all fuel retailers in New Zealand offer some sort of discount/rewards program. These discounts tend to offer at least 6c off the marked price of petrol, helping you to save on fuel costs.
But despite this, Canstar’s latest research reveals that not even half of us (47%) are buying fuel based on service station discounts and supermarket or loyalty card programs. That means plenty of us could be missing out on good savings.
Some of your options include:
- Z and Caltex– Pumped rewards program delivers fuel discounts. Customers are able to earn their choice of Flybuys or Airpoints Dollars
- BP and G.A.S – the AA Smartfuel program delivers fuel savings
- Mobil – the Mobil Smiles Driver Rewards program provides fuel discounts and points offers
- Gull – Gull’s Discount Day promotion offers fuel discounts on select days each month. Customers sign up for email and/or text alerts
- Challenge – the My Challenge rewards program provides customers fuel discounts. SuperGold and Grey Power cardholders receive an additional discount. Customers can also earn My Challenge points, which can be redeemed for in-store rewards.
- NPD – customers can access fuel discounts by using the SuperGold Card at participating manned NPD sites and via NPD’s Discount Days promotion. Customers can sign up for email and/or text alerts, and to receive notifications about discounts and promotions at NPD self-serve sites, and can also use fuel dockets from any supermarkets for discounts of up to 12c per litre
- Waitomo – customers who use the Waitomo app and spend $20 or more in a transaction will unlock Waitomo’s spinning wheel for a chance to win prizes. Customers who reach monthly targets unlock a scratchie for bigger wins.
There’s also the new Kora card, which for just $2 a month, gives you 10c per litre off of fuel. Currently, Kora is only compatible with Mobil and Waitomo, but the company hopes to partner with more retailers in the future.
PAK’nSAVE has its own petrol stations at many of its locations across the country. And you can receive discounts on this fuel when you spend at a PAK’nSAVE store. Participating Countdown and New World stores also offer fuel discounts that can be redeemed either at their own fuel sites or participating stations.
Get a new car
Not exactly the cheapest option, but if it’s approaching time to upgrade, fuel efficiency should play a key role in any purchase decision.
Electric vehicles provide the obvious benefit of avoiding petrol altogether, as charging an EV costs a mere fraction of what you spend on fuel. And when partnered with an appropriate electricity plan, it can equate to filling your car for free!
Plug-in hybrids do still need fuel, but with a range typically in the field of 40-60km, your day-to-day city commute can easily be done without a drop of it. Reserving any fuel expenses to weekend road tripping.
→Related article: Top Selling Electric Cars in New Zealand
Otherwise, if you’re not looking to go electric, simply choosing something smaller, newer, and cleaner is a great place to start. Thanks to improved fuel efficiency, modern cars offer a greater range per litre of fuel. Even a new, large SUV can use less petrol than an old hatchback.
Compare car loans with Canstar
If you are looking at getting yourself a new set of wheels but don’t have all the cash needed, you’re not alone: 80% of car buyers purchase their cars on finance. Shopping around for a new car is no doubt more thrilling than picking a personal loan. But there can be some serious savings available, just by comparing the personal loan market. And that’s where Canstar can help!
The table below displays some of the unsecured personal loan products available on Canstar’s database for a three-year loan of $10,000 in Auckland (some may have links to lenders’ websites). The products are sorted by Star Rating (highest to lowest) followed by company name (alphabetical). Use Canstar’s personal loan comparison selector to view a wider range of products on Canstar’s database. Canstar may earn a fee for referrals.
Improve the fuel efficiency of your vehicle
If getting a new car is a bit extreme, you can always take steps to improve the performance and fuel efficiency of your existing car. Regularly servicing your car is a great place to start. A car that’s working at its peak runs better, and saves on fuel. A few other tips include:
- Drive smoothly
- Don’t speed
- Use cruise control on long trips
- Avoid unnecessary short trips
- Avoid carrying heavy loads and remove things such as roof racks when not in use
- Check your tyre pressure every month or two
- Wind the windows down when driving around the city, but switch to A/C when at high speeds and on motorways
Change your driving habits
Sometimes, you just have to accept that things change. And petrol’s time is coming to an end. However, New Zealand’s public transport network leaves much to be desired, and electric vehicles come at a significantly higher price tag.
While these things should change in the future, it’s not much help now. In the short term, you may have to consider:
- Public transport – it’s not perfect, but unless you’re out in the wops, there probably is some public transport about. Even if you have to drive to a station, it shortens your commute and saves on fuel.
- Carpool – whether everyone is using one car and splitting costs, or taking turns using vehicles, carpooling should save on petrol. You can also sneak in a nap when it’s not your turn to drive.
- Cycle – cycling is a feasible option for many, and a great way to save on fuel costs. Not only can it help you get fit while avoiding the city traffic, but with modern urban planning placing a strong focus on cycle lanes over car lanes, it’s quite possibly the fastest option. Just remember, the lycra is optional.
Car Insurance | Most Satisfied Customers
Looking for the best car insurance? The grid below reveals some of the best New Zealand car insurance providers as voted by their customers, including State, the five-star winner of our prestigious award for Most Satisfied Customers | Car Insurance.
See here for our ratings methodology. The table above is an abridged version of our research. For the full results of our 2021 Most Satisfied Car Insurance Ratings and Award, click here.
About the author of this page
This report was written by Canstar Content Producer, Andrew Broadley. Andrew is an experienced writer with a wide range of industry experience. Starting out, he cut his teeth working as a writer for print and online magazines, and he has worked in both journalism and editorial roles. His content has covered lifestyle and culture, marketing and, more recently, finance for Canstar.