Unsurprisingly people want food, coffee, snacks and a bathroom break when on a road trip.
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I assume this is Palmerston North coz yes I filled up at the NPD there last week even though it wasnt on my direct route. 2.09 at the time when everywhere else was 2.20 or higher. Nice large forecourt too .... though it was empty on the Thursday morning...
BUT !!!!! I guess we (if we were to be holding - and I am not right now though did make get a few cents on it trading a position I bought yesterday ) should be happy if Z Energy can maintain volume and hold prices up ??
Our new npd in Manukau has pretty much same prices as everyone else. There are 7 suppliers in about a 3km stretch. I think I'll do a survey and report back
I filled up the car on Wednesday at the local Caltex which is about a km away with 50 litres of 91 Octane for just under $14.50*.
Yes I'd stacked $2.06 of discounts by doing 21 x $40 fills on 10c days (and one where I'd done one on a 6c day as I'd run short once) so I'd given up my discount on the day to get it at the end of 2 months.
That's across both cars - mine and my wife's (about 415 litres between 2 cars over June and July) usually filling up on Wednesdays every fortnight when it's 10 cents off a litre.
But my average price per litre across the 2 months was 25.3 cents less than the pump price and about $2.03/litre and the discount was $103.00 - if I'd simply did my fills and not stacked I'd have saved $41 off the pump price with the 10 cents but netted another $62 by just making the habit of doing multiple $40 fills on those days but it's $78 better than just taking the 6c off any other day.
Is it worth the effort? I think so - it's certainly easier than going out of my way to fill the car further away at one of the others and achieving close to $2 per litre - just takes a little discipline.
*If I take into account the Amex Turbo Rewards on fuel purchases and their current pay with points promo, I got another $11.11 off the cost of the fuel over the two months so it actually only cost me $3.40 for the 50 litres!
I used to do that sort of thing a few years ago and thought I was pretty clever...until I realised how much time I would save if I simply filled my car when the near empty petrol light came on at the cheapest petrol station. It takes a LOT of time and a lot of extra touching of dirty fuel bowsers to make all those stops for small $40 purchases. Additionally this works for you because the station is very close to where you live which is certainly not the case for everyone.
Saving money is boring.
Young people have Buy Now Pay Later so they don't have to save to get something - they can get it now and pay it off plus not have to have those nasty high interest credit cards.
Then they start incurring late fees... and there's no protection (like finance industry) around ability to pay because it's deregulated.
Also many won't stoop to haggling... (if I haggle, the people at the shop will think I can't afford to pay full price)...
Media still talking takeover and Z not totally denying it
Nothing like takeover talk to boost a sinking share price though…esp if AFR mentions Ampol and others
From BusinessDesk
https://businessdesk.co.nz/article/m...o-better-again
Someone's got to clear the air pretty soon.