Gas pricing ?

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digger
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Gas pricing ?

Postby digger » Thu Apr 17, 2008 9:36 pm

Why do they put the 9/10 on the price (3.99 9/10) why not just round it off to the next cent?
Skip OK
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Re: Gas pricing ?

Postby Skip OK » Thu Apr 17, 2008 10:31 pm

The same reason a microwave oven is priced $99.99. Or why the Dow Jones Averages get stuck at just under some "threshold" like 14,999, and then shoot way high after it breaks 15,000.

People tend to see the difference between, say $3.199 and $3.20 to be much higher than between $3.198 and $3.199.
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Re: Gas pricing ?

Postby regishay » Fri Apr 18, 2008 8:31 am

I always figured it was to screw you out of another cent per gal
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richard b evers
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Re: Gas pricing ?

Postby richard b evers » Fri Apr 18, 2008 8:55 am

It’s called price differential, and it has been proven that people in there mind think they are getting a good deal.
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Re: Gas pricing ?

Postby h2o_dog » Fri Apr 18, 2008 9:25 am

Not nearly as relevant now as it was back in the day when gas was selling for 32.9 cents / gallon :wink:
Last edited by h2o_dog on Fri Apr 18, 2008 9:28 am, edited 1 time in total.
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MSDawg870
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Re: Gas pricing ?

Postby MSDawg870 » Fri Apr 18, 2008 9:28 am

I tell you what it sure does make me feel better when the sign says $3.349 instead of $3.35. :roll: The gas deals are out there men you just got know where to look. :lol:
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Re: Gas pricing ?

Postby cwink » Fri Apr 18, 2008 11:01 am

Yep.. I am saving 2 cents every fill up by paying 329.9/10 instead of 3.30. I feel so much better. :roll:
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