When the price of oil spiked during the February deep freeze, I started using a gas price app and was amazed to find that the cost of fuel in my area varied by 70 cents a gallon. By purchasing the cheapest gas, I could save $8.40 each fillup and as much as $220 a year.
As we come out of the pandemic and pump prices climb, it’s once again time to be smart about your gas purchases. With some simple planning, a household with two cars could easily save the cost of a car payment each year. And businesses with a fleet of vehicles have much more to save.
Combine the following strategies to maximize your savings and perhaps find other rewards, too. (Of course, buying gas at a bargain is only half the opportunity; you can drive in a way that stretches your gas even further.)
1. Use a gas price app
2. Choose a good rewards program or credit card
3. Buy from a warehouse club
4. Buy the right fuel for your car
5. Pay cash
6. Fill up before a spike
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