Costco Gas Prices | CostContessa (2024)

FAQs

What's the best day to buy gas at Costco? ›

Gas stations can get busy (avoid weekends)

Avoid weekend fill-ups if you can. Buying gas on a weekend could be a nightmare, as waiting times could take hours. To avoid this, the best time to get gas at Costco is on weekdays between 10-11 in the morning.

Q: Where does Costco get its fuel? A: Costco buys fuel from major refineries and distributors in each area. All Kirkland Signature™ Fuel is guaranteed, just like the merchandise we sell inside the warehouse.

It's good for your car

The fact that gas is cheaper at Costco doesn't mean it's lower in quality. The company offers Kirkland Signature gasoline, which is formulated to improve vehicle performance and fuel economy. Costco says the gas also reduces emissions, making it better for the environment.

As gasoline prices fall, Costco does not lower prices at the same pace it raises them when prices are climbing. This allows the company to recoup some of the profits lost by doing the reverse when prices were rising.

Costco is listed as a TOP TIER™ gasoline retailer. Find out more at www.toptiergas.com. Kirkland Signature™ Gasoline contains five times the EPA detergent requirement in both regular unleaded and premium grades, and is formulated to clean your engine and help your vehicle run like new.

Buy Gas on Monday or Tuesday

Be strategic about the days you fill up at the pump. “For gas, Mondays and Tuesdays tend to be the cheapest days to fill up your tank as demand is lower at the beginning of the week,” Anderson said.

The short answer is that unlike pretty much every other retail business that sells gasoline, Costco doesn't care about making money from its gas pumps. In fact, Costco typically sells its gas at a moderate loss. Why would Costco do this? It's not an act of charity.

Quality gas is important, yes, but so is price. Costco Gas Stations offer consistently low, member-exclusive prices. With the Costco app, you can check Costco gas prices on your phone. On the app, find your local warehouse to see hours of operation, gas prices and more warehouse details.

Costco is mainly owned by institutional investors, who own over 70% of shares.

“You save approximately 20 cents a gallon at Costco over other local vendors,” says David Schwartz, who together with his wife Susan authored “The Joy of Costco”. “That's something we have seen time and time again across the country.”

How to get huge discounts on gas? ›

Our attendants work at the fuel islands so they can respond immediately to any safety or environmental issue. All Costco fuel stations have corrosion-proof double-wall underground storage tanks and piping. Everything underground is continuously monitored for leaks via an electronic monitoring system.

“Consumers see this as a customer-friendly convenience, but in truth, they help reduce congestion at the pumps, which allows more cars to pass through the pumps, which allows Costco to sell more gas,” says Bines. “It's a win-win, but only because it first benefits the consumer.”

You can save on electronics and enjoy extended warranties

Plus, when you buy electronics at Costco, you get a free second-year warranty included for peace of mind. You also get free tech support, so if you run into any issues setting up or using your devices, you can reach out for help.

Insider Tips: When to Visit to Avoid the Crowds

Plan your fueling around the quieter times, typically during the middle of the week and early in the morning. Additionally, members can consult the Costco app, which sometimes offers real-time updates on gas station wait times.

Based on historical pricing data, the ACCC says the magic day of the week is Wednesday for buying cheaper petrol in Sydney, Melbourne, Brisbane, Adelaide and Perth.

In general, gas prices tend to be lowest at the beginning of the week, on Monday and Tuesday, GasBuddy's lead petroleum analyst Patrick De Haan told Nexstar. As the week goes on, gas prices tend to rise until they reach their most expensive point on the weekend – especially on Friday and Saturday.

Get There Early. “In general, though, the best time to shop at Costco is going to be when they first open on Mondays, Tuesdays and Wednesdays, as generally that's the least popular time for shoppers to be out,” Ramhold said.