Customers need to update their ideas about the standard for quality foods. Rethink Your Ideas About Quality Foods: Consumers' Expectations - What's the most affordable period for refueling?
The daily changes in gas prices are happening more frequently but also with smaller variations, reveals a recent study by ADAC. In May, the difference between the highest and lowest price of the day for E10 gasoline stood at 6.4 cents, while for diesel it was 7.3 cents. This is a decrease of 1.7 cents for gasoline and 1.6 cents for diesel from the same month last year. ADAC examined the gas prices at approximately 14,000 stations in Germany.
Filling up is still most affordable during nighttime. However, the period with the lowest price has shifted slightly. As per ADAC expert Christian Laberer, "A year ago, the lowest price was between 8:00 pm and 10:00 pm. Now it's having two timeframes: between 7:00 pm and 8:00 pm and between 10:00 pm and 11:00 pm." In the meantime, a new, short peak in prices appears, which temporarily increases the prices by 2 cents.
The total number of price changes throughout the day has increased by one, now accounting for eight. The highest price was spotted by ADAC at 7:15 am. Prices then start to decline in waves. Notably, they drop significantly below the average daily price at 11:45 am for the very first time.
Despite the differences shrinking, Laberer still suggests comparing prices and strategic tanking: "Those who can reach a cheap gas station at an optimum time can save more than 10 cents per liter in comparison to an expensive station in an expensive time."
This advice likewise applies to summer vacations: "If you're heading on a trip, it's recommended to fill up as early as possible, which is way cheaper than during the morning. Plus, you'll save time and avoid having to travel to pricier service stations on the highways."
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- To save money on fuel, consider refueling your car during the evening, specifically between 7:00 pm and 8:00 pm or between 10:00 pm and 11:00 pm, as announced by ADAC expert Christian Laberer.
- If you're planning a road trip during summer, it's advisable to refuel your car early in the day to avoid the higher prices during morning traffic.
- In Germany, the difference between the highest and lowest price of E10 gasoline within a day decreased by 1.7 cents compared to the same month last year, according to a recent study by ADAC.
- Strategic tanking can save you more than 10 cents per liter by choosing a cheaper gas station at an optimal time, as suggested by ADAC expert Laberer.
- The new short peak in prices temporarily increases fuel costs by 2 cents, but consumers can still benefit from the multiple price changes throughout the day, especially at 11:45 am when prices drop significantly below the daily average.
- When filling up your car, it's essential to compare prices at petrol stations and plan your route to avoid pricier service stations on highways, especially during morning traffic.
- Gasoline and diesel price fluctuations are becoming more frequent but with smaller variations, making it essential for consumers in Munich and across Germany to update their refueling strategies and optimize their expenses at petrol stations.