Munich (ots) - The opportunities for motorists to save money while refueling have increased significantly. As the ADAC has found out in a current market investigation, petrol station customers can save up to eleven cents per liter simply by choosing the right fueling time. When comparing prices a year ago, the savings potential was 7,5 cents. At the same time, it becomes a little more difficult for consumers to understand the price fluctuations at the petrol pumps and to keep an overview, because compared to the previous year an additional price peak has become established during the course of the day. The current survey was based on all price movements of over 14.000 petrol stations in Germany in May 2020.
The savings potential for drivers of petrol cars turns out to be particularly large. According to the ADAC, the difference between the most expensive time at 7 a.m. and the cheapest phase between 20 p.m. and 22 p.m. is around eleven cents per liter. With a 50 liter tank filling, this amounts to a saving of EUR 5,50. The same times of day apply to diesel drivers, but since the first price peak in the morning at 7 a.m. is not as extreme as with petrol, the savings are only 10 cents per liter. Price-conscious refueling strengthens competition in the fuel market - ultimately for the benefit of consumers.
The daily curve of average petrol and diesel prices shows that a further price spike has been added. This is a trend that has been recognizable for several years. Five years ago there was exactly one expensive phase during the night hours and then a steady drop in prices between the morning and early evening hours, six regular daily price increases spread over the day can currently be identified.
However, according to ADAC, price-conscious drivers have good opportunities to fill up cheaply. As a rule of thumb for consumers, the recommendation is to refuel between 18 p.m. and 22 p.m. Other shorter time slots with relatively low prices are spread over the day. Avoid refueling in the morning, because the highest prices for petrol and diesel are to be paid regularly between 5 and 8 a.m.
The “ADAC Spritpreise” smartphone app helps motorists who want to find out quickly and easily about the prices in their area. Detailed information about the fuel market is also available at www.adac.de/tanken (http://www.adac.de/tanken).
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Posted by: ADAC
The text is a press release from ADAC. The text was not edited or changed by our editorial team.