The author rides a 2008 Victory Vision Tour

Sunday, March 28, 2010

Gas discounts: Do you clip the coupons?

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How do you feel about those gas-and-groceries discounts offered by major retailers? Do they get you into their gas station, do you go somewhere else for convenience, or do you travel somewhere for the lowest price?

Does saving 3 cents, or 10 cents a gallon after you spend a bundle on groceries, steer you towards the Freddys or Safeway for your gas purchases?

Or do you have lots of extra time, and go sit in the lines at Costco for 10 minutes or more in order to save a few cents per gallon?

In Costco's case, it all boils down to what is worth more to you, time or money. If a Costco gas station is on your way to work or shopping, it takes no extra money to get there, just time spent waiting in line. If it's not on your way, it costs you gas to get there and back AND the extra time. That's why you see people fill up elsewhere, because it’s simply not worth it in terms of time, money or convenience to drive to the low-cost leader.

My family shops a lot at Freddys, so we take advantage of the 10 cents per gallon discount we earn after buying 100 bucks of groceries. That brings the price down to a couple of cents more or less than Costco. And at Freddy's it is extremely rare to wait for a pump.

Of course on a motorcycle, it seems it uses so little gas, and in the case of the Victory---premium gas, that worrying about price is secondary. When I am low, I simply pull into the nearest station and fill up. Enjoying the ride is too important to ruin it worrying about gas prices!

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