The list of reasons why Costco is one of the best places to shop just keeps getting longer. But the one thing that tops the list for the majority of their customers is the low Costco gas price. In fact, Costco’s gas prices are the lowest in many states . So, it makes sense that customers will wait in line for hours just to fill up their tank. But how can the warehouse chain really keep their prices that low? Once you learn the explanation behind the Costco gas price, read up on these Costco tips frequent shoppers keep to themselves . How does Costco keep its gas price so low? The answer is simple: they just have very loyal customers. To purchase their gas, you have to be a member, and membership sales make up about 75 percent of the chain’s profit. Since new customers are enticed to sign up because of Costco’s cheap gas prices—and other great deals on everything from electronics to food—the chain can afford to price their merchandise and services much lower than competitors. Havin...
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