Tips for Cutting Costs of Fuel for Taxi Drivers

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Written by Michael Foote , founder of Quote Goat, with over 13 years experience working in the finance, insurance and currency sectors.
20/11/2020

It’s no secret that this year’s been a tough one for everyone in the taxi driving industry. As lockdowns and restrictions have forced businesses to shut up shop, custom has all but dried up, meaning many taxi drivers are currently facing serious financial hardship.

Although the news that a vaccine is close has given hope that normal life can be resumed in the not-too-distant future, after what’s been a year from hell, most people are now tightening the purse strings and doing all they can to weather the storm – and cabbies are certainly no different.

Luckily, there are a few ways taxi drivers can reduce their outgoings and by far the most effective is by cutting the cost of fuel. Whether you drive a minicab or a Black cab, filling up is easily the largest outgoing for anybody driving a taxi, so reducing the amount of fuel you use is a sure-fire way of making some real savings. To help slash your outgoings in these difficult times, here are our top tips for reducing fuel consumption.

Avoid heavy braking and accelerating

If you’re a seasoned taxi driver, chances are you won’t be braking and accelerating heavily as you’ll know this is one of the easiest ways to anger customers. However, without a doubt there are some people out there driving a taxi for a living who drive too quickly, and this – coupled with the need to brake heavily whenever stopping – is one of the easiest ways to burn more fuel than necessary. If you’re one of these lead-footed drivers who’s too heavy on the pedals, alter the way you drive pronto. Your customers will thank you – and so will your wallet!

Use your car’s momentum

Try to make sure you only press the accelerator when necessary. Modern cars usually have the technology to recognise when your vehicle’s momentum, rather than the engine, is driving the car forward, so take your foot off the gas and the fuel injectors will be disengaged, meaning your car is using its own momentum which reduces the amount of fuel you’re using.

Keep tyres inflated

If you have under-inflated tyres then your engine will have to work harder to reach speed, which – you’ve guessed it – will increase fuel consumption. As a taxi driver, naturally you’ll be on the road more than the average driver, so regularly check your tyres and keep them at the right pressure to avoid spending more than you should on your fuel.

Easy on the air-con

Many people don’t know this but using the air conditioning can actually take its toll on your fuel gauge. The air con unit is powered by the engine, so try to use it sparingly when you’re on the road. Additionally, make sure nobody has their window open if you’re trying to cool your vehicle. Most of the fuel used by the air con is taken trying to cool down the car but once the temperature has been reduced, the cost on your fuel tank isn’t so great. This means if there are any windows open, the engine will have to work hard to reduce the temperature again so keep them closed to reduce fuel consumption.

These are testing times for taxi drivers, but it’s estimated that around 30% of a cabbies’ outgoings are spent on fuel, so using these tips and reducing the amount of fuel you’re burning could help you make some significant savings. Another way you can cut the cost of your outgoings is by comparing your taxi insurance. Quote Goat compare deals from dozens of providers which could help you save time and money, so for some of the most attractive policies around compare taxi insurance with us today!

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