Costco Gas Prices | CostContessa (2024)

FAQs

What is 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.

It's a well-accepted fact that Costco gas is cheaper than the fuel at most other places. While the exact amount of savings you'll get depends on factors like where you live and which club you visit, you can reasonably expect to save around $0.15 to $0.20 per gallon.

Costco opened its first gas station in 1995 with a commitment to members to provide high quality gasoline at the lowest possible prices. Members will find regular and premium grade fuel – and in some places, diesel. High quality fuel – it's another benefit of a Costco membership.

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.

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.

So why is it so much cheaper than the competition? 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.

Gas purchases, for example, do not earn you cash back as an Executive member. Neither do cigarette purchases or alcoholic beverage purchases in certain states. Additionally, Costco Shop Cards (Costco's version of a gift card) won't be eligible for cash back, and neither will postage stamps.

To reach that total, they divided the cost of the membership by the 20 cents per gallon they estimate a driver will save by filling their tank at Costco. The resulting figure, in the case of the $60 Gold Star membership, is 300, or the number of gallons of gas you'd need to purchase to achieve $60 in savings.

Good station operation and maintenance means the fuel is filtered and that contaminants, such as sediment and water, do not find their way into our members' vehicles. Costco fuel stations are well-maintained by our capable attendants so you may be confident that the fuel going into your car is clean.

Why is the Costco gas lines always so long? ›

“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.”

Gas prices at warehouse clubs can be as much as 30 cents lower than traditional gas stations, and the chains offer members coupons to use in their stores when they fill up. Gasoline sales at the warehouse clubs are an important part of their business and draw customers inside.

Beginning on March 1st, Kirkland Signature Gasoline, a Costco brand, debuted as the first Fuel Marketer to offer TOP TIER™ Approved Gasoline in Japan.

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

Fill Up Either During the Early Morning or Late at Night. Ideally, if you are looking to save some gas money, many experts will say that your best bet is to fill up either during the early morning or late at night.

“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.

Costco gas is offered at a great price

Although the exact amount of savings you'll get varies based on your location and the specific club you're shopping at, you'll typically save around $0.20 per gallon at Costco according to most online reports. Most cars hold between 10.5 and 18.5 gallons of gas.