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bow2no1 06-20-2008 05:32 AM

Gas Stations Against Credit Cards
 
Credit-card-fees-Some-gas-stations-say-no-more-- Yahoo! Autos Article Page

DB Admin 06-20-2008 05:41 AM


"At these prices, people aren't making any money," said Jeff Lenard,
This guys an idiot :D

Blue01F250 06-20-2008 09:09 AM

When I traveled to AZ -- some stations there wouldn't accept debit/credit transactions... or if they did, they charged you a fee

it is true that people aren't making $$ off of the sale of the gasoline - the profit margins shrink as the price goes up and up to where people won't pay for it.

but what this guy fails to realize is that the fuel sales are just to lure people into the store to buy other stuff! Wonder what their profits were on taht stuff?

OneBadBia 06-20-2008 02:36 PM


Originally Posted by Blue01F250 (Post 173285)
When I traveled to AZ -- some stations there wouldn't accept debit/credit transactions... or if they did, they charged you a fee

it is true that people aren't making $$ off of the sale of the gasoline - the profit margins shrink as the price goes up and up to where people won't pay for it.

but what this guy fails to realize is that the fuel sales are just to lure people into the store to buy other stuff! Wonder what their profits were on taht stuff?

When I lived out farther from town there was a gas station there who also sold basic needs, cooking things, meds toilet paper. So that if you ran out you wouldnt have to drive so far just to get those few things. The owner told me exactly what you just said that he makes basically nothing off of gasoline and the only reason he has gasoline is lure people in. They would buy their stuff at walmart and mark alot of it up 50%. People complained but they also didnt stop going there because it was easier. He said almost 100% of the money he makes is off of drinks, cigarettes and food.

wildbill 06-20-2008 04:26 PM

Every station I went to upped the price 4-10c/gal. when I used a debit/credit card.

bow2no1 06-21-2008 05:51 AM


Originally Posted by wildbill (Post 173424)
Every station I went to upped the price 4-10c/gal. when I used a debit/credit card.

they should, even though i don't think they are supposed to.

so if they not supposed to charge more for people useing credit cards..

what if they just offer a dicount for cash payers,hmmmm
depends on the wording huh

Blue01F250 06-21-2008 08:43 AM

when we go on big trips, I carry cash for fuel, incase I run arcoss those types of stations.. seems more and more are that way -- even advertise on their huge signs Cash and Credit prices... it only makes sense with the way the Credit card companies are charging for people to be able to use the cards... they get it comming and going - they get the interest/fees/whatever from the consumer and they charge the merchant for the ability to accept those cards...

01quadcab 06-21-2008 10:44 AM

but at the same time who wants to carry that much cash on them? when my dad opened up a speed shop in late 80's he wanted to offer a cash discount and was told he couldn't so now why can the gas stations do this? I guess it's how you word it... not a cash discount but a credit fee.

wildbill 06-21-2008 10:55 AM

Casinos for the big truck stops, or at least a couple machines for the small stations. For the few that don't already have them.

bow2no1 06-21-2008 06:38 PM


Originally Posted by 01quadcab (Post 173669)
but at the same time who wants to carry that much cash on them? when my dad opened up a speed shop in late 80's he wanted to offer a cash discount and was told he couldn't so now why can the gas stations do this? I guess it's how you word it... not a cash discount but a credit fee.

well i don't think you can advertise "cash discount" although i have seen places do it.
personally i have no problem with it.

but i go to small business like pawn shops when i want to buy tools.. and hagle a bit,also i let them know i'm paying with cash, then they usually help me out a bit more..

dukeboy_318 06-22-2008 12:17 AM

its sad when even the gas stations are complaining about high gas prices, guess big guys(creidt cards companies and oil companies)are out to screw the little man(us) and the middle man(gas stations) and force them into debt.:ouch::booo::bat::madd:

bow2no1 06-22-2008 06:12 AM

yeah, they are ticked cuz they arn't part of the "record profits"

AHolt 06-22-2008 08:46 AM

I live in Webster, N.Y. A lot of stations offer 3 to 5 cents off
if you pay cash. this has been going on for a long time here.

01quadcab 06-28-2008 01:22 PM

which is what they were trying to do with their shop too but they said you can't do that even not being advertised

solarwarp 06-28-2008 03:02 PM

Independent stations have to pay for their delivery on demand, just like you or I; when we fill up.

So, a poor mom and pop gas station with only 10,000 gallons of fuel has to fork out $35,000 or more just to stay in business a few more days.

kieron 06-28-2008 03:47 PM

there is always another option, the CC companies make 2 % on the dollar, the gas staion is doing it by the gallon.

all they need to do is figure out what percentage of a dollar they need to stay in business, and do their markup that way...

it seems like basic business sense to me, if your costs are based on the dollar value of your transactions than your markups need to be based on that as well not on the gallons you sold...

in the end we would end up paying more, i know, but if the gas station makes no money it goes outta business and then the big corporate stations will be the only ones left allowing them to charge whatever they want...

old man in the story claimed 60 bux a month in gas profit, obviously he wasnt paying his retirement with that, mark up a couple cents to cover the 60 bux a month and keep selling your 10 dollar frozen burritos and cigarettes

Oilfield_Mafia 06-28-2008 05:54 PM

Ive noticed lately, that even large stations have a different cash price... usually a few cents per gallon cheaper


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