Smart Car Technologies That Actually Save You Money

Key Smart Technologies That Reduce Expenses

Automobile manufacturers are employing technology to provide real cost savings as well as convenience. Here's an overview of the significant innovations:

 

Fuel efficiency enhancements

• In order to achieve a more fuel economy, hybrid engines combine electric and petrol motors. This makes them particularly suitable for heavy traffic in Indian cities.

• Start-stop systems automatically turn off and resume the engine while it is idle to minimise unnecessary fuel use.

• At higher speeds, aerodynamic designs reduce air resistance and increase fuel efficiency.

 

Consumers can choose the most fuel-efficient cars by using certified mileage ratings published by the Automotive Research Association of India (ARAI).

ADAS (Advanced Driver-Assistance Systems)

Features provided by advanced driver-assistance systems, or ADAS, include:

• Adaptive cruise control

• Lane departure warnings

• Automatic emergency braking
   

These tools improve safety and reduce accidents. In India, insurers may provide cheaper premiums for vehicles with ADAS since they lessen claim risks. Insurers are beginning to recognise such technology under risk-based pricing frameworks, even if it is not yet mandated.

 

Electric and hybrid vehicles

One of the most useful ways to save money on a car is to get an electric or hybrid. Even while it could cost more up front, there are long-term savings:

• Lower fuel expenses: Electricity costs less per kilometre than petrol or diesel.

• Lower maintenance: Electric vehicles have fewer moving components, which means no oil changes and fewer brake replacements.

• Government incentives: Under the FAME II program, buyers might be eligible for financial assistance. 

In states like Delhi, Maharashtra, and Tamil Nadu, incentives include upfront subsidies, tax concessions, and exemptions from road taxes.

 

Connected car technology

Using mobile connectivity and onboard sensors, connected automobile technology provides:

• Vehicle diagnostics in real time

• Predictive maintenance alerts

• Traffic updates in real time for navigation

• Tyre pressure monitoring
   

This technology significantly reduces maintenance and fuel expenses by preventing failures and recommending fuel-efficient routes.

 

Smart parking & traffic management

Smart parking assist and real-time traffic data help reduce idling, unnecessary detours, and parking delays. These features can reduce overall fuel consumption and wear and tear in dense urban environments.

 

How To Maximise Savings With Smart Car Tech

Owning a smart car is only part of the equation—how you use its features determines the real savings. Here's how to take full advantage of your car's cost-saving features:

Choose the right model

• Verify the ARAI-certified mileage

• Compare maintenance schedules for EVs and ICE (internal combustion engine) models.

• Check the warranty coverage for high-tech parts such as sensors or batteries.
   

Use smart apps for tracking

Nowadays, automakers provide their in-car system applications that let you:

• Monitor fuel use

• Schedule maintenance

• Receive notifications on engine, tyre, or battery health
   

In addition to helping you maintain long-term efficiency, this can help you avoid malfunctions and adhere to servicing schedules.

 

Take advantage of government incentives

The Indian government provides a range of benefits for eco-friendly vehicle ownership:

• EV loan interest deduction under Section 80EEB (up to ₹1.5 lakh)

• GST reduced to 5% on electric vehicles

• Road tax and registration fee waivers in several states
   

These contribute to significant electric vehicle savings over time.

 

Conclusion

As automotive technology evolves, Indian car buyers stand to gain more than just convenience. From connected car technology to ADAS and EV integration, smart car technology is an investment in long-term savings. It allows you to lower fuel expenses, avoid costly repairs, and even qualify for insurance incentives.

 

If you're going to invest in a smart car, you should also find an insurance company that understands them. Shriram Car Insurance provides plans that are not only affordable but also compatible with emerging technology. With our range of add-ons, including Roadside Assistance, Zero Depreciation, and Return To Invoice, Shriram ensures your smart investment stays protected beyond the basics. Explore customisable plans that fit your car’s needs and your financial goals.

 

FAQs

1. Which smart car features save the most money?

ADAS, connected car technologies, hybrid engines, and start-stop systems save the most money on fuel, accidents, and maintenance.

 

2. Are electric cars cheaper in the long run?

Yes. Electricity is less expensive than fuel, requires less upkeep, and government subsidies reduce the overall cost of ownership.

 

3. How do ADAS features reduce insurance costs?

ADAS features lower the chance of accidents, which results in fewer claims and more affordable prices from insurance companies.

 

4. What is predictive maintenance?

This feature uses sensors and analytics to anticipate issues like battery failure or brake wear, preventing costly breakdowns.

 

5. Can smart apps really help save money?

Yes. Apps that track fuel, diagnose problems, or suggest efficient routes help optimise usage and avoid unnecessary service costs.