Lacey Costco Gas Price (2024)

FAQs

Why do people like Costco gas so much? ›

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.

But our editorial integrity ensures our experts' opinions aren't influenced by compensation. Terms may apply to offers listed on this page. Costco gas typically saves you around $0.20 per gallon. If you fill up often enough, gas alone can pay for your membership.

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.

Costco is listed as a TOP TIER™ gasoline retailer. Find out more at www.toptiergas.com.

A: Regular and ​p​remium ​gasoline, and ​d​iesel at select locations. Gasoline ​octane can vary by state, but at Costco, it's typically 87 octane for Regular and 91 octane for Premium Gasoline.

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.

The data shows that Costco's prices aren't typically the absolute cheapest, but they're always significantly less expensive than the "average" price. This means you're more than likely getting a deal when you get gas from Costco versus another random gas station in your city.

Regardless though, AAA estimates that most Americans will fill up their tank anywhere between 45 and 55 times a year on average. So, yes, we can VERIFY that it is worth getting a wholesale membership to save on gas prices.

They buy from the pipeline throughout the day and keep their huge tanks full of gasoline. Trucks from all stations in the area come there and fill up from the same tanks. Doesn't matter, because Costco sells Top Tier gasoline.

How much profit does Costco make on gas? ›

Costco, contrary to some speculation, doesn't sell gas below cost. Galanti says the margin is below the company's overall gross margin which stood at about 10% in the latest quarter. Scot Ciccarelli, an analyst Truist, has estimated that Costco's gas margins are in the mid-single digits.

The gas is high in quality

Savings on top of the lower price per gallon you're probably paying. TOP TIER gas is also designed to clean your engine and help your vehicle run like new. If you fill up at Costco often enough, you may find that it helps prolong the life of your vehicle and/or save you money on maintenance.

You'll get 4% back on eligible gasoline purchases for the first $7,000 per year and then 1% thereafter. You'll also earn 3% on restaurants and eligible travel purchases, including Costco Travel. Get 2% back on all eligible purchases from Costco and Costco.com and 1% on all other purchases.

The gas station doesn't know the final amount of your purchase when it approves your credit card. So the gas station runs a $1 preauthorization charge through your card as a placeholder. This allows the gas station (or any other merchant) to confirm your credit card will accept a charge from them.

Drivers filling up at Costco will generally save more than £6.50 a tank compared to a supermarket. RAC fuel spokesman Simon Williams said: “Drivers who aren't fortunate enough to be members of Costco will no doubt be horrified to see just how cheaply fuel can be sold.

Regardless though, AAA estimates that most Americans will fill up their tank anywhere between 45 and 55 times a year on average. So, yes, we can VERIFY that it is worth getting a wholesale membership to save on gas prices.

Buying gas at Costco can save you money -- typical savings are around $0.20 per gallon. It makes stopping at the warehouse club more convenient -- you can buy groceries and fuel up your car. The higher quality of Costco gas could help your vehicle run more smoothly.

Costco Gas Stations are designed to get members on their way. Fuel up fast no matter which side of your car the gas tank is on. Extra-long pump hoses allow you to fuel up from either side of a vehicle. Plus, lanes are all one-way to keep traffic moving.

Costco gasoline is “top tier” rated gasoline, so there is little evidence to believe some random other station has higher quality gas. Costco gas is also substantially cheaper than most alternatives. That's pretty much the whole explanation.