Neutral coast is always better yes. Well if you don't know if your Automatic transmission will take the abuse don't be the first to find out. Do some research on your car beforehand like Rooster says.
Unless i drive on the highway or speeds 56mph and above i never use cruise control. I find you can either accelerate or let off the gas and coast a little in the eddies of the road. Like -.5% grade over a tenth of a mile. And in my driving i vary speed alot over little hills and such.
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I try to be helpful. I'm not an expert.
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