Cars are often seen as a status symbol, if you are successful: you have a nice car. Most of us strive to have the newest, shiniest and most expensive steed that they can afford, with many stretching themselves beyond their means. This is great for car manufacturers and dealerships, not so good for the environment and your bank balance.
Bangernomics is the term used to describe running a car next to nothing. Its about taking a second hand car that would normally be fit for the scrap yard or dissection by the fire service in a training session and using it as your day to day runner.
Read on after the break for more on Bangernomics and how you can save £££
The environmental benefits of bangernomics are substantial. New cars require huge amounts of energy to produce and the associated shipping and parts travel produces CO2 emissions by the tonne. Bangernomics requires no more energy to undertake than the drive to pick your second hand motor up from its beloved “previous owner”.
Lets not kid ourselves, it nice to be green but for many… money talks. Bangernomics can literally save you thousands of pounds. Just think… no more finance / loans, dealership services, depreciation and repair bills. That means more money in your pocket to either save or enjoy.
How do I start?
Lets start with the 3 basic principles of Bangernomics
- Inspect your “banger to be” thoroughly. The aim is to buy a cheap car that will require very little or no repairs while in your possession. Maybe even drag your mechanic friend with you for another set of eyes.
- Maintain you car correctly. Shoe string motoring requires you to look after your rust ride. It’ll also help with your MPG.
- Know when its time to quit! There’s no point in buying a “banger” and spending a fortune putting a new engine, gearbox or expensive part if its just not cost effective. You may be attached to your shed but often its cheaper to move on and get another that doesn’t need a small fortune spending on it.
Bangernomics and Hypermiling
But what about Hypermiling in my banger I hear you ask. Well, I will be the first to acknowledge that your banger will most likely only return a fraction of the MPG that’s capable from most of the diesel superminis out there. However, its all relative: the car only cost a fraction of the new frugal supermini.
Hypermiling is about maximising your MPG by adapting your driving style, its not so much about the return but what improvements you can make over normal driving. Hypermiling might not ever be enough to help you return 60+ mpg, but together with bangernomics, its guaranteed to save you a fortune.
Get in touch!
We’d love to hear about your experiences with bangernomics, so leave a comment below or join our busy Hypermiling forum.