Concept: By driving around looking for the best price, you’ll save money.
Will You Save Money?: No**
Comments: This is one of those false savings situations. People believe that they are saving money because they are paying less for the price of gas. On the surface this makes sense, but they fail to take into account the cost of finding the best price (cost of gas and wear and tear on the car) which usually negates any savings and usually means they lose money. Driving around searching for the best price will almost always cost more than the amount you end up saving. While this was the only way to compare prices in the past, the Internet now allows people to find the least expensive gas in their area without the cost of driving around which gives you a much better chance to save money.
**If you are in an area where you are not familiar and driving along the highway, it can be worth driving a mile down the main road to find a gas station rather than directly next to the highway off-ramp. Gas prices are usually significantly more expensive right next to the highway rather than those farther away.
**As with highway off-ramps, the same is true with airports. Since there are usually a lot of rental cars coming back to airports, gas prices near them can be significantly higher than a few clocks away. In this case it may be worth searching for a better price.