Costco Gas Prices Roseville Michigan (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.

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, 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.

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.

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.

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.

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.

Lastly, the gas prices are pretty great at Costco.

Most recently I saved 38 cents a gallon at Costco compared to the other gas stations in the area. That adds up to me saving a few hundred dollars a year on gas by choosing Costco. Sometimes the lines to get gas at Costco are long, but I can see why.

Key Takeaways. Costco makes some of its profits from its merchandise, but the bulk of its profits come from membership dues. Only members can shop at Costco. The membership business model allows Costco to undersell the competition by offering products in bulk at lower prices to ensure customer loyalty.

Who owns Costco? ›

Costco is mainly owned by institutional investors, who own over 70% of shares. The largest shareholders in December 2023 are: The Vanguard Group (9.10%) BlackRock (6.90%)

When gas prices hit over $3 a gallon, “members love us” and shift their gas spending to the club. Gas discounts are a tool Walmart uses to encourage customers to sign up for Walmart+ memberships, which also offer free shipping and discounts on prescriptions.

Best Day of the Week

In general, the best gas savings can be found by filling your tank at the beginning of the week. According to a GasBuddy petroleum analyst, Monday and Tuesday is when gas prices are typically at their cheapest.

Filling up in the morning when it is cooler can help ensure the gasoline has contracted, and you get a larger amount of fuel for the same price. Now, it's important to note that fuel is stored underground, where the temperature may not fluctuate as much.

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.

Weekends are the busiest, so avoid those days. Drive in between 10 am and noon on a weekday for shorter waiting times in line. Most people tend to pull up during their lunch breaks and after work in the evening on weekdays. Traffic is one-way only at all Costco gas stations to keep it moving quickly.