With rising gas prices, drivers all across the nation are all looking for ways to save money putting gas in the tank. Many people debate whether there is a “best day” of the week on which to purchase gas for their vehicles. Well, there is an answer to that question. In short, the answer is “yes”.
The best way to save money on fuel expenses is to time your gas purchases correctly. Not only should you think about the day of the week, you should also look at what time of day you make your purchase, and the location.
The Best Day to Buy Gas
Choosing the right day of the week to buy gas can result in a significant savings. Which day of the week is the “magic day” to buy gas? According to experts, Wednesdays are the best day for cheap gas prices.
The reason for this phenomenon is that gas stations are prone to increase their gas prices on weekends, and especially during the summer months when travel is at a premium. Therefore, to take advantage of this “loophole” consumers should plan their gas purchases for mid-week whenever possible in order to save money. The reason this method works is because gas prices are usually on the rise. The overall trend means that buying on Wednesday gives you the best chance of getting the lower price before an increase.
The Best Time to Fill Up
The time of day you fill up can also be an important dynamic when considering gas prices. The best prices are more likely to be found before twelve o’clock. A recent study reports that store managers tend to change shifts around ten or eleven in the morning, and that gas prices were 93 percent more likely to fluctuate before noon. Therefore, if you want to save money it is in your best interest to gas up early in the morning before they raise prices.
Where You Buy Gas Matters Too
In some areas of the country there are rules that provide opportunities for consumers to benefit from great gas prices. For example, in the state of New Jersey, gas stations located on certain roads are prohibited from raising their gas prices before Friday. So in nearby areas it is cheaper to get gas during the week before prices rise in anticipation of market changes and weekend traffic. In addition to this, sometimes it is possible to save a few bucks on gas by fueling up at suburban stations. Gas prices in the city tend to be slightly higher than prices in outlying areas.
About the author: Jessica Bosari writes for the money-saving site, Billeater.com. The site is devoted to helping people reduce expenses, save money and find great deals. Pay Billeater a visit for more money-saving tips! Photo courtesy of David Reber.