It's no secret that gas is cheaper at Costco than it is anywhere else. So earlier this year, when gas hit the $4 mark (gosh, was it really only a few months ago?), we got in the habit of filling up at Costco every week. We'd go early in the morning and there would rarely be a line.
But for the last month or so, as gas prices went over the $5 mark at some stations here in Los Angeles, we would arrive at Costco and find the line unacceptably long. For some reason, a line that's just two cars deep at Costco means a solid 20-minute wait. With two kids in the car, a wait that long simply isn't an option. So we bit the bullet and filled up at a nearby gas station for 10 to 15 cents more per gallon.
You've probably noticed, though, that gas prices have come down some. It would seem that many of Costco's patrons have noticed too. This week, there was no line when we went to fill up. Even though Costco's price for premium is now 20 to 30 cents less than other gas stations.
It made me wonder at what point do people think the trip to Costco isn't worth it. Whether it's waking up early to beat the crowd or driving out of their way to get to Costco, I wonder at what price point do people decide it's not worth the savings.*
As for us, now that we're in the habit of getting gas at Costco, we'll keep it up. Regardless of what the price of gas is, we'll always be saving money by buying our gas there than somewhere else.
What do you think?
*On a related note, check out One Caveman's Financial Journey's article about continuing to save money on gas even as prices fall.
Image credit: Amazon.com.